OndaFX10pair (By pipmenow)

The user has deleted this system.

OndaFX10pair Discussion

Sep 14, 2013 at 13:16
593 Views
6 Replies
Member Since Sep 02, 2009   47 posts
Oct 15, 2013 at 20:57
Hi, Are you looking to go live with Ondafx soon? If so, with the the same pairs used on your demo?
Member Since Apr 22, 2011   24 posts
Oct 16, 2013 at 04:46
That is a good question and the answer is yes. I am still watching to see how bad the draw down can be. So far it doesn't look bad. It has the potential to get a lot worse. I will lower the lot size on a live account to reduce some of the risk.
Member Since Sep 02, 2009   47 posts
Nov 20, 2013 at 15:52
Hi What are the best performing pairs you are finding and what settings are you using?

Cheers
Alan
Member Since Apr 22, 2011   24 posts
Nov 20, 2013 at 21:12
Hi Alan. It looks like EURUSD, AUDUSD, GBPUSD, USDJPY, EURAUD, EURJPY, USDCHF. I am running the EA using default settings. The only thing I change is the lot size. I also use ForteFX using a set file by the vendor on M1 timeframe and TP $1.00. I am running a mix of OndaFX and ForteFX on 12 platforms and they are all doing well. Most of the time in a small DD, but always closing trades for profit. I like these two EA and will go live in a few weeks.
Member Since Sep 02, 2009   47 posts
Nov 20, 2013 at 21:25
As the usdjpy,euraud,eurjpy,usdchf are not recommended pairs are you using the audusd set file?.....If you look at my signature my ondafx is all running the audusd set file....except eurusd.
Member Since Apr 22, 2011   24 posts
Nov 21, 2013 at 00:22
Hi. Good point. The recommended pairs for OndaFX are EURUSD and AUDUSD, they have separate set files. The recommended pairs for ForteFXM1 are EURUSD, AUDUSD and GBPUSD all using the same set file.

I am using the EURUSD set file for OndaFX on all pairs, except AUDUSD.

Why did you choose the AUDUSD set for your other pairs? Does it make much of a difference? Did you do a comparison test?

.
Member Since Sep 02, 2009   47 posts
Nov 21, 2013 at 19:30
Hi,
I did a small comparison, ran for a few weeks and I noticed larger drawdowns......i know my lots setting is incorrect for account size....

This print screen is of my best performing pairs with amount to max floating dd........I think myfxbook dd is incorrect when you only select some pairs to show.



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