Wolfe Wave Forex Robot (de iticsoftware)
Lutilisateur a supprimé ce système.
Discussion Wolfe Wave Forex Robot
Apr 25, 2012 at 14:25
iticsoftware posted:
acushnir posted:
Nice piece of work, mates!
My best wishes with your project!
Thank you.
It would be reasonable to increase the risk in June, July and August, because the market will be in wide range
without super trends. 90% of serious traders will be on vocations.
How do you know this? Cristal ball on the trading desk? And what if Spain and/ or Italy go belly up? Do you remember what happened last summer on Greece????
I think its a realy bad idea to increase risk at such uncertain times in Europe!
Apr 25, 2012 at 14:36
iticsoftware posted:
jsantos3 posted:
I was watching the open trades last Friday and there were 14 of them. Now they are hidden or what? It is very useful to watch open trades on a system like this to get a real picture of how it handles open trades.
It seems that myfxbook monitoring system was on maintenance, so open trades was hidden.
Funny. I monitor several links and this was the only one with open trades 'gone' over the weekend. I took a screenprint of the open trades. Nevertheless, I am glad the positions closed in profit.
Membre depuis Jan 10, 2012
posts 77
Apr 25, 2012 at 18:03
jsantos3 posted:
iticsoftware posted:
jsantos3 posted:
I was watching the open trades last Friday and there were 14 of them. Now they are hidden or what? It is very useful to watch open trades on a system like this to get a real picture of how it handles open trades.
It seems that myfxbook monitoring system was on maintenance, so open trades was hidden.
Funny. I monitor several links and this was the only one with open trades 'gone' over the weekend. I took a screenprint of the open trades. Nevertheless, I am glad the positions closed in profit.
The hidden open trades were a technical malfunction in myfxbook. I experienced the same issue on my own live accounts.
Look like a very competent EA 😄
Membre depuis Jul 01, 2011
posts 41
Apr 27, 2012 at 20:34
Marty + countertrend. Looks like Forex Hacked clone, if you ask me. That one is a lot less pricy than this EA. 25% DD estimated? I think more like 50-70% when trading GBPUSD. This EA can run profitably for months, until one day the big move comes... Kaboom! Sorry, but this EA is extremely dangerous.
Membre depuis Jan 25, 2010
posts 1360
Apr 29, 2012 at 00:13
I'll watch this one out. See if predictions of June-August play out as he says. Then I MIGHT consider forking out half a grand on the cost. I guess it can be worth it depending on your account balance. 20% after 2 months can easily make the cost back.
Membre depuis Jul 01, 2011
posts 41
May 01, 2012 at 15:20
This EA got me puzzled. Borys says it isn't martingale, yet in the trade history you can clearly see martingale elements in it. On the other hand it is not like Forex Hacked, because it is not constantly in the market, but waiting for an opportunity. I gather that it is using martingale occasionally to compensate for an untimely entry? Still unclear to me.
I backtested the demo version of this EA on all kinds of charts (both exotic FX pairs and non FX charts), and they are all in profit. On some charts the DD can be around 25%. when marty kicks in. That can be dangerous, esp. when running it on several charts together. So a blow-up is still possible with this EA. You just have to hope that the occasional DD does not occur all at the same time.
I backtested the demo version of this EA on all kinds of charts (both exotic FX pairs and non FX charts), and they are all in profit. On some charts the DD can be around 25%. when marty kicks in. That can be dangerous, esp. when running it on several charts together. So a blow-up is still possible with this EA. You just have to hope that the occasional DD does not occur all at the same time.
Membre depuis Jan 10, 2012
posts 77
May 01, 2012 at 15:38
Merrygoround posted:
This EA got me puzzled. Borys says it isn't martingale, yet in the trade history you can clearly see martingale elements in it. On the other hand it is not like Forex Hacked, because it is not constantly in the market, but waiting for an opportunity. I gather that it is using martingale occasionally to compensate for an untimely entry? Still unclear to me.
I backtested the demo version of this EA on all kinds of charts (both exotic FX pairs and non FX charts), and they are all in profit. On some charts the DD can be around 25%. when marty kicks in. That can be dangerous, esp. when running it on several charts together. So a blow-up is still possible with this EA. You just have to hope that the occasional DD does not occur all at the same time.
How many years did you backtest on? What is very interesting is how many marty levels are in the drawdowns. From the one year BT on vendor's site max levels are 9. How many max levels in your backtests? Have you maybe possibility to post your backtest here?
Membre depuis May 06, 2010
posts 121
May 02, 2012 at 03:11
Сumulative Back test for 5 currency pairs:
https://iticsoftware.com/metatrader-expert-tests/WW_5-currencies.htm
https://iticsoftware.com/metatrader-expert-tests/WW_5-currencies.htm
BJF Trading Group
Membre depuis Sep 04, 2009
posts 879
May 02, 2012 at 04:08
its only 1 year BT.. plz show 10 year BT
Membre depuis May 06, 2010
posts 121
May 02, 2012 at 04:42
You can request demo and test it for 10 years.
BJF Trading Group
Membre depuis Sep 04, 2009
posts 879
May 02, 2012 at 05:03
I didnt ask for demo.... I cant make cumulative 10y. BT for 5 pairs
Membre depuis May 06, 2010
posts 121
May 02, 2012 at 08:30
Some customer wrote:
Dear Borys,
It seems that the order should be adjusted with such absurdity Open Price 220.46 EURJPY buy stop (https://www.myfxbook.com/members/iticsoftware/wolfe-wave-forex-robot/262897, Open Orders)? After saying that EA is a full automatic.
EURJPY BuyStop order (with the custom comment) was only added to confirm EA Trading Privileges.
BJF Trading Group
forex_trader_32776
Membre depuis Mar 28, 2011
posts 1008
May 02, 2012 at 16:50
is there a parameter to turn off the money management strategy therefore only a Fixed lot is entered at each Grid Step?
Membre depuis May 06, 2010
posts 121
May 03, 2012 at 18:12
ForexScam posted:
is there a parameter to turn off the money management strategy therefore only a Fixed lot is entered at each Grid Step?
You need to edit Lot1, Lot2, Lot3, ... options and set it to the same value.
BJF Trading Group
Membre depuis May 06, 2010
posts 121
May 03, 2012 at 21:01
The great advantage of the strategy is WW EA never buys on highs and never sells on lows.
BJF Trading Group
May 05, 2012 at 20:56
If this is a wolf wave strategy based off of the indicator; Is the martingale guiding the strategy or the wolf wave... Is the entry scaling in to cover positions that move against the 5th wave or are you just using the 5 wave as the time to implement a stand alone martingale strategy.
Membre depuis May 06, 2010
posts 121
May 05, 2012 at 23:21
(édité May 05, 2012 at 23:25)
GBruson posted:
If this is a wolf wave strategy based off of the indicator; Is the martingale guiding the strategy or the wolf wave... Is the entry scaling in to cover positions that move against the 5th wave or are you just using the 5 wave as the time to implement a stand alone martingale strategy.
Martingale is not used. Add to the position even with fixed lot is profitable.
BJF Trading Group
Membre depuis May 06, 2010
posts 121
May 05, 2012 at 23:22
(édité May 05, 2012 at 23:29)
Report sample:
https://fxsoftware.fr/protection/WW_USDJPY_H4.zip
https://fxsoftware.fr/protection/WW_USDJPY_H4.zip
BJF Trading Group
Membre depuis Jan 25, 2010
posts 1360
May 06, 2012 at 10:20
I like your results, they look promising. Hope this works for me as well as it has for you. 10% per month I can't complain with. Beats the banks and everyone else.
