FRWC - Fusion V - Alpari (By stevetrade)

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FRWC - Fusion V - Alpari Discussion

Feb 16, 2010 at 18:13
26,823 Views
583 Replies
Member Since Oct 28, 2009   1430 posts
Feb 19, 2010 at 13:46
You tell me why they are blocking it. It just happened again. FXCM kicked into life and raised some Hi Rider trades, Alpari disconnected from 14:13 to 14:31, the exact time that Hi Rider was trading. I'm sorry but this is more than coincidence.

Are you trading Fusion live on Alpari then?

Maybe they're testing the code that disconnects Fusion users on the demo server before putting it live. Maybe they are seeing if people notice. Who knows!

All I know is that after day one, pretty much every time Hi Rider triggers Alpari disconnect.

With regards to IamFx - I suggest you read the reviews on ForexPeaceArmy.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Oct 28, 2009   1430 posts
Feb 19, 2010 at 13:51

bugboy posted:
    
pc8multifx posted:
Why do u hide your broker???

no reason. everything should be public now. i have the demo account with forex.com

Hi Bugboy are you using the default settings? Your Super Volcano looks as though it has traded very well so far.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Feb 18, 2010   8 posts
Feb 19, 2010 at 17:42

stevetrade posted:
  
Hi Bugboy are you using the default settings? Your Super Volcano looks as though it has traded very well so far.


pretty much the defaults. I think the only think I did was change the lot sizes. but as of right now it has closed 29 trades all profits for a total 555 pips. I am trying to setup other server to break out each of the 5 strategies. i noticed on yours that you have 3 graphs. is there a way i can funnel all the trades on to 1 chart? I am new to this fxbook site.
Member Since Nov 20, 2009   14 posts
Feb 19, 2010 at 18:17
I have it on a alpari demo and forex.com live account. My account placed lmd trades an hour later as forex is gmt 0 . This made a big difference as demo account went long gbp 15 min before selloff. Live went short gbpusd an hour later for 74 pips i closed it at 49 with a proportional trailing stop.

I would suggest that the exits need help. If it is launching multiple trades why close them at same time. Why not scale out with tp at support levels and have a trailing stop.

SuperVolcano placed a nice long gbpjpy trade Wed it was up over 105 pips only to go back to down 30 pips and closed for a 35pip winner. In my live account I manually took 2 of the 3 trades off at 100+ and put a trail on the third to lock in 45 pips.

 I have had a good 3 days up 12% on live account but I have augmented the exits to take profits and improve risk /reward levels.
Take as much as you can while you can.
Member Since Oct 28, 2009   1430 posts
Feb 19, 2010 at 18:40

bugboy posted:
    
stevetrade posted:
  
Hi Bugboy are you using the default settings? Your Super Volcano looks as though it has traded very well so far.


pretty much the defaults. I think the only think I did was change the lot sizes. but as of right now it has closed 29 trades all profits for a total 555 pips. I am trying to setup other server to break out each of the 5 strategies. i noticed on yours that you have 3 graphs. is there a way i can funnel all the trades on to 1 chart? I am new to this fxbook site.

I have use the custom analysis feature to split out the different strategies by magic number. You also need to use the MyFxBook EA rather than MT4 publisher in order to submit magic numbers.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Oct 28, 2009   1430 posts
Feb 19, 2010 at 18:44

KagiFX1 posted:
    I have it on a alpari demo and forex.com live account. My account placed lmd trades an hour later as forex is gmt 0 . This made a big difference as demo account went long gbp 15 min before selloff. Live went short gbpusd an hour later for 74 pips i closed it at 49 with a proportional trailing stop.

I would suggest that the exits need help. If it is launching multiple trades why close them at same time. Why not scale out with tp at support levels and have a trailing stop.

SuperVolcano placed a nice long gbpjpy trade Wed it was up over 105 pips only to go back to down 30 pips and closed for a 35pip winner. In my live account I manually took 2 of the 3 trades off at 100+ and put a trail on the third to lock in 45 pips.

 I have had a good 3 days up 12% on live account but I have augmented the exits to take profits and improve risk /reward levels.

I have been unhappy so far with the ability of the strategies to take profit at the right time, but this is often the case with EA's ( and often with manual trading! ). I guess the settings that it are provided with are the ones that optimised well.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Feb 04, 2010   13 posts
Feb 19, 2010 at 19:00
I have been toying with the idea of putting in an EA that would manage the TS and TP levels for LMD as it doesn't see to do to well if you are using extremely low risk levels. Ideally my plan is to find something that would move the SL to BE after it is x amount of pips in profit or has moved into profit as far as the SL is currently set. I had one someplace, I just have to find it now.
Member Since Nov 20, 2009   14 posts
Feb 19, 2010 at 19:18
There are a few free ea's to manage exits. Order guardian and trade protector on the mql4 community are good starting points. You could modify trade protector to have 2 profit thresholds with different trailing percentages much like you described.

 It is meant as a profit taking ea much like a chandelier stop. It does use a proportional trailing stop which is an interesting concept. Instead of a fixed pip trail, it will trail say 85% of profit once it reaches a certain trigger.

Order guardian allows you to draw trend lines for exit tp and stop loss. Both of these exits are hidden from your broker and require the bid to hit the trendline. (it wont trigger its stop loss from them increasing spread).

I used both of these templates to create my own instead of starting from scratch.
Take as much as you can while you can.
Member Since Feb 18, 2010   8 posts
Feb 19, 2010 at 20:40

stevetrade posted:
    
I have use the custom analysis feature to split out the different strategies by magic number. You also need to use the MyFxBook EA rather than MT4 publisher in order to submit magic numbers.


I have update my account to Myfxbook EA. hopefully that will update the chart soon. easier to see the break down of the 5 EAs.

Steve, just a question about Myfxbook EA. i added it to a different chart because you can only have 1 EA attached to any given chart, is this what you did as well. Thanks for the help.
Member Since Feb 18, 2010   8 posts
Feb 19, 2010 at 21:48
ok I think I have everything working now and showing the different EAs.
Member Since Nov 16, 2009   15 posts
Feb 20, 2010 at 00:55
stevetrade posted:
    Okay, it occurred to me that I'm running other Alpari demo accounts. So, I check the journal for those accounts and guess what?

They didn't disconnect at the same time as the account running Fusion V 1a. Looks to me like they're filtering on magic number and dropping the connection for Fusion users.

The plot thickens!


Can you change the magic number in your EA? Or delete it? Or somehow trick Alpari that it really isn't Hi-rider or Fusion or whatever...
Carpe Diem or No regrets
Member Since Nov 20, 2009   14 posts
Feb 20, 2010 at 01:10
I had some missed trades on hirider on my alpari demo due to no connection as well. I had even changed all the magic numbers before I started it.
Take as much as you can while you can.
Member Since Oct 28, 2009   1430 posts
Feb 20, 2010 at 10:52
Alpari told me they had no connection problems at all yesterday. Seems very strange to me and I'm glad someone else confirmed this issue.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
eafinder
forex_trader_7497
Member Since Feb 20, 2010   50 posts
Feb 20, 2010 at 11:05
Hi guys,

I have some questions. Please help.

1. The Fusion-V robot is supposed to trade Super Volcano (SV) system, right? However, the manual doesn't say we need to open any GBP JPY chart. Will Fusion be able to execute SV trade without GBP JPY chart open? How about your experience? Do you have any SV trade with Fusion and do you guys open any GBP JPY chart (and what TF)?

2. Fusion is attached to EUR USD M1. But it seems like only HiRider trades with this time frame. If I switch off HiRider and Straasha, would Fusion still be able to execute any trade even though it's attached only to EUR USD M1?

Thanks for the help.
Member Since Oct 28, 2009   1430 posts
Feb 20, 2010 at 11:10
Yes and yes. It's been coded as a multi currency EA. So within the code they have hard coded the currencies that each strategy relates to.
I don't actually believe that you would need the Daily charts open for the LMD strategy either providing that all the currencies are in your market watch, but I could be wrong so don't try it at home folks!
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
eafinder
forex_trader_7497
Member Since Feb 20, 2010   50 posts
Feb 20, 2010 at 11:23

stevetrade posted:
    Yes and yes. It's been coded as a multi currency EA. So within the code they have hard coded the currencies that each strategy relates to.
I don't actually believe that you would need the Daily charts open for the LMD strategy either providing that all the currencies are in your market watch, but I could be wrong so don't try it at home folks!

Thanks for the confirmation Steve. So I assume then that you actually don't have GBP JPY chart open and you do get SV trade with Fusion, right? Thanks again.
Member Since Feb 20, 2010   5 posts
Feb 20, 2010 at 12:33
Hi , can you explain what the magic number stands for?

why and when to change it?

Thanks.
Member Since Feb 14, 2010   16 posts
Feb 20, 2010 at 20:25 (edited Feb 20, 2010 at 20:40)
Your mistaken, Steve, regarding the D1 charts for Fusion. You have to have them open, per the manual's instructions. The Market Watch just lists all the available charts that can be opened, they are not open and available for use by the EAs in the Market Watch window -- only once you open the chart in the main area. So open the appropriate charts -- just minimize the D1 charts after you open them... if you want LMD and other's dependent on the D1 charts to function properly, that is. ;)

It uses those charts for broader indicators of market trends ('it' being some of the EAs, such as LMD).

Okandar... if you don't know what the magic number is, its probably pretty dangerous for you to be using this EA. It is clearly explained in the instruction manual, and many sites on the web, what a magic number in an EA serves for, purpose-wise. I could explain this to you, but I am more alarmed that your using this robot without understanding what a magic number is. (To try and be helpful: just make sure each EA you have uses a different one; the magic number basically identifies each separate EA -- and in the case of Fusion, each sub-EA -- as a separate strategy to monitor. For example, if Im using FAPTurbo, Megadroid, and Fusion, I might set FAPTurbo to 1, Megadroid to 2, and each of Fusion's 5 sub-EA's to, say, 31, 32, 33, 34, and 35. Thus, each robot scheme has a separate unique magic number keeping the programming logic for each robot separate. You can get duplicate orders and other mishaps if different robots share the same magic numbers.

Hope that helps (sorry for the tough love part, but you really gotta use google to learn these things... magic numbers are one of the easier concepts among automated Forex systems out there to understand.)
Member Since Nov 08, 2009   29 posts
Feb 20, 2010 at 20:40 (edited Feb 20, 2010 at 20:46)
Yonex posted:
    It is going to be interesting to see how this system develops. Have you done any backtest of the EA?

If possible, could you please make 'Open Trades' public? I don't see why open trades should be private on this system, and I'm sure many would appreciate if the open trades were public! 😁

Thank you for publishing the results of the EA here so we can follow it! 😉

this bots are optimezd for this year not good bots if you backtest more 6 years lol :P

and this botsare only 2months tested on live what a crap
MM is the Key!
Member Since Feb 20, 2010   5 posts
Feb 20, 2010 at 22:33
@zornjaso ,

Thank you for your warnings and explanations. İ have not used any ea yet , i have a professional consultant who uses these and his own EAs.

But , since i am a software engineer, i am interested in these products. I may use them after gathering enough information. And may develop my own ea someday.

İ am very appreciated with your helpful and resposible answer.

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