HAMSTER TURBO (By eleanna74)
The user has deleted this system.
Edit Your Comment
HAMSTER TURBO Discussion
Mar 06, 2019 at 12:56
Member Since Oct 22, 2012
48 posts
gammag posted:
Hello drayzen,
@drayzen
thank you a lot for the thorough answer. that was what I was looking/asking for. it seems you are an engineer, too ;-)
This helped me a lot! have some more comments/thoughts on that and also did some more research. see below.
Yeah looks like it, those are certainly some packed poles!drayzen posted:Here I think that actually the claim of very small latency between MetaQuotes server and Equinix NY4 can be actually true. The explanation can be e.g. an optic fiber connection between MetaQuotes server and Equinix NY4. it's only 1.3km distance, as you said. I used the Google Maps link that you cited and switched to StreetView (see attached screenshot) :-) or the link
I you enter 'ICMarkets-Live01' in the search here https://www.mql5.com/en/vps you can see a map showing the MetaQuotes server you'll connect to.
The map confirms IC Markets server to be located within Equinix NY4 at 755 Secaucus Rd, Secaucus, NJ.
https://www.equinix.com/locations/americas-colocation/united-states-colocation/new-york-data-centers/ny4/
Doing some detective work using Google Maps we can find that the MetaQuotes servers are located in a building at 10 Enterprise Ave N, Secaucus, NJ, 1.3km away.
https://goo.gl/maps/8imXaCCDF3v
Unfortunately I couldn't find any direct reference to a hosting provider at that address so I remain dubious as to it's legitimacy...
Also given the latency I see on my own server and it being slightly closer to Equinix NY4 than MetaQuotes server I have to seriously question their claim of 2.35ms as you typically need to be co-located to see latencies that low and by their own admission they are not.
https://www.google.com/maps/@40.7797444,-74.0711288,3a,75y,313.15h,108.7t/data=!3m10!1e1!3m8!1sjtfA0V468XfXkd5IYQkK9w!2e0!6s%2F%2Fgeo0.ggpht.com%2Fcbk%3Fpanoid%3DjtfA0V468XfXkd5IYQkK9w%26output%3Dthumbnail%26cb_client%3Dmaps_sv.tactile.gps%26thumb%3D2%26w%3D203%26h%3D100%26yaw%3D291.18054%26pitch%3D0%26thumbfov%3D100!7i16384!8i8192!9m2!1b1!2i44
. what you can see is a lot of cables along the road between those two server farms. So it could be an explanation for the very low latency. and probably usdedicated servers are also connected in this way with Equinix NY4.
I found the entrance to their listed address:
https://goo.gl/maps/9h22WLzJLM82
This maps is also interesting, who's to say how correct the info is but it shows five locations in the area:
https://www.google.com/maps/search/Equinix/@40.7776291,-74.0738604,17z
You can also keep zooming out again and again and they're all over the place! 😂
https://www.google.com/maps/search/Equinix/@40.4854797,-75.5242489,8z
Just a conceptual idea, would most likely work out badly.. 😭drayzen posted:I have an ICM ECN account. The alternative way of thinking using Standard accounts for professional tradings to minimize latency is interesting. However, it would be too risky for me, since the liquidity at ICM servers in that area could be too small.
Another thing to possibly consider is the use of an ICM ECN account where all orders are forwarded to the Interbank market and thus incur a full networking round trip through ICM's liquidity providers and back for placement.
If you were to use one of ICM's 'Standard' accounts this could play out differently *if* (not guaranteed in any way) ICM internalize your order via their own market making, which would mean the trade never has to leave their servers and would be executed as fast as their systems can process it.
Though you've got potentially higher spread you'll have to cover, plus the potential threat of them stop-hunting your orders.
I'd never really looked much at their VPS options, the MetaQuotes ones are better value.drayzen posted:thanks for this hint! usdedicated is indeed cheaper than dedicated VPS servers. I had chat with usdedicated and was able to measure a ping between one of their servers and Equinix NY4 and it was in the range of below 2ms (similar to what you reported).
I haven't tried a MetaQuotes VPS as I since got my own dedicated server in NYC with US Dedicated https://billing.usdedicated.com/aff.php?aff=98 where I get ~10-15ms latency to IC Markets.
Their servers are located at 2 Emerson Ln, Secaucus, NJ, 1.2km away from Equinix NY4.
https://goo.gl/maps/C1PFqpTEe362
I tried a VPS a few years back and found that it struggled to work with just a few EA's running which is what I needed at the time, so got a dedicated server and haven't looked back.
Though if all you want to do is subscribe to signals then any VPS should be well fast enough.
The trick with US Dedicated is that it's much cheaper than those 'Forex specific' VPS/Dedicated server providers because it is an unmanaged service, so if something goes wrong you can't fix yourself you might have to trigger a remote reinstall of the OS, though it's pretty simple to install a few MT4/5 terminals via remote login...
Given it's about 1/4 the price of those managed services I'll take the small risk of that inconvenience.
Just for the record, it seems the price difference between them and dedicated fx VPs companies is not anymore factor of 4, it is more like factor of 2 (I compared with dedicated servers offered by BeeksFX and NYCServers, the companies ICM is working with). only Forex VPS dedicated servers are much more expensive. I need to analyze further, as IC Markets refunds you costs of such VPS server from 15 lots per months (basic server up to 35$). I chatted also with ICM and if you do more trades you can negotiate upgrade and they will refund you better server (next level is 30 lots/month). I need to see. as for now, I plan to go with a basic plan with one of those two companies as above and see how it goes (and hope ICM will refund the costs).
MQL5 virtual VPS seems for me too less flexible, similarly like you I want to have some additional EAs running next to the signals. One of the EAs would be to control drawdown of signal providers, just to be on the safe side - I might have a different level of what is an acceptable DD for me than the signal provider.
Especially after last drawdowns observed for the signal here, I'm sure I want to have control over it (even if this might result in potentially worse performance than signal provider's as in some situations I will close trades earlier with loss rather than wait and maybe earn some profit).
if you using such EA to control drawdown and can recommend one, it would be great. otherwise I found some candidates already, but need to test their reliability. Also, if you have a hint how exactly a combination of such EA and receiving signal needs to be setup (e.g. to prohibit that a new order will be automatically opened if my EA closed some orders), it would be of great help to me.
The way I look at it though is if I can't afford ~$50 a month for a dedicated server from my trading profits then I should be doing something else with my money...
I used to have a Beeks dedicated server when I started out, man was I pissed off when I found out how expensive they are!
Interesting that ICM refer to them, as they're not listed as an option in their cross-connection addons (this was free back when I had my server). At least they're actually in Equinix but that's why they charge the big bucks...
I've seen NYCServers before and I think I passed because they cost a lot more, seems their pricing come down, location not great through over on Manhattan.
I also spotted https://www.interserver.net on the map over near the MetaQuotes location.
Just be careful with the free VPS options from ICM because they're probably really low spec and will crap out with any more than a few charts and a couple of EA's.
Since this Infinity signal also just took that large loss I've been looking at other signals and using the MetaQuotes location finder I can see some instances where using them makes sense, like where I found a good signal that uses a broker based in Germany.
I've also been thinking about their server setups and I can see there's substantial benefit vs. using other VPS's which will have the OS overheads, so they're closer to performing like a dedicated server and the 3GB of RAM is comparatively good for $10 where most others offer 1-2GB for that price.
😉drayzen posted:thank you for the explanation and the link. it is important for me to have a good overall understanding in order to take the right steps.
I found a few references to network communication in this article https://www.mql5.com/en/articles/618 which indicates it's the two broker's MT servers in direct connection, but with these guys you can never be certain what athey say is correct/true...
(...)
..the alien does not concern itself with the opinions of humans..
Mar 06, 2019 at 13:00
Member Since Oct 22, 2012
48 posts
lpopov posted:
Unfortunately, I've seen this many times before. Once the signal becomes big, like 3 or 4M in funds, it blows up. I think you are right about it being under attack, there is just too many people using the same strategy and someone with big wallet is betting against it. No amount of backtesting can predict this.
This is not your fault, but you should find some way out of this. I am sure you'll do fine in a long run, you are a good trader.
I considered similar given how long it ran without drawdowns, but if you map the losing trades on a chart you'll see it was inevitable as the market was going in that direction and actually went well below the point of these trades closing.
It is kind of funny though all the people over on mql5.com spitting venom because they've lost money.
I was thinking if I had already subscribed I would write a review titled:
'Reality Check' - Did you really think a system that returns up to 190% per month would never blow up?
I can still see it's possible that making daily withdrawal of 50% of profit it could be viable, provided it doesn't continue with frequent drawdowns. Going to hold off for a while now and see if it behaves itself.
I'm curious what impact the withdrawral on the account had in relation to triggering the drawdown and whether it might have survived if that wasn't done, haven't been bothered to work it out though...
I have seen it discussed in the past that using an account with 1:100 leverage or less makes it less likely for the broker to take the other side of your trades and always pass it off to the Interbank market. But how correct that is, who really knows.
I've only just opened accounts with IC Markets, but I suspect it's probably the same as the other broker I've used, FXOpen. In spite of their talk about 'ECN' etc. when I read through the fine print of their documentation it actually said that they take the other side of trades regardless of account type.
So it's only actually ECN when it's favorable for them to handle the trade that way and the low spreads/commissions are the only real benefit and you still have to watch your back.
..the alien does not concern itself with the opinions of humans..
Member Since Jan 14, 2018
164 posts
Mar 06, 2019 at 14:53
Member Since Jan 14, 2018
164 posts
I have been watching this account right from the beginning, and its pretty funny reading all the comments from all these newbies who dont have a clue about trading, or how the markets really work. I traded the Hamster EA for a while but was never part of this signal. Eleni did not deceive anyone, but she did warn everyone that it was a high risk signal and did not hide anything from anybody. On her MQL5 page everyone is calling her names like she is the worst person ever, which is not very fair at all.
I think Eleni is doing a great job as per say managing this signal, but because you are all greedy and jump into this signal without reading all of her notes and warnings, you all of a sudden get upset when there is a margin call. All these slippage issues in the past couple of months is because there is too many people trading the same trades at the same time, and there is not enough liquidity plus the fact that you are over leveraging the sh*t out of each trade with 1:500 accounts.
Most of you people are with Pepperstone, Tickmill or IC Markets, well guess what people they are all market makers. I stopped trading the Hamster EA because the risk to reward was just not there. I mean trying to get 6 pips with a 60-70 pip stop loss was not cutting it. The average trader who trades for a living will not trade more than 0.1 lots per $1000 in account balance, and maybe risk 2-5% per trade, and this is the only form of money management that will keep you alive.
I think Eleni is doing a great job as per say managing this signal, but because you are all greedy and jump into this signal without reading all of her notes and warnings, you all of a sudden get upset when there is a margin call. All these slippage issues in the past couple of months is because there is too many people trading the same trades at the same time, and there is not enough liquidity plus the fact that you are over leveraging the sh*t out of each trade with 1:500 accounts.
Most of you people are with Pepperstone, Tickmill or IC Markets, well guess what people they are all market makers. I stopped trading the Hamster EA because the risk to reward was just not there. I mean trying to get 6 pips with a 60-70 pip stop loss was not cutting it. The average trader who trades for a living will not trade more than 0.1 lots per $1000 in account balance, and maybe risk 2-5% per trade, and this is the only form of money management that will keep you alive.
Mar 06, 2019 at 18:26
(edited Mar 06, 2019 at 18:26)
Member Since Jan 27, 2013
447 posts
pipscalper71 posted:
... The average trader who trades for a living will not trade more than 0.1 lots per $1000 in account balance, and maybe risk 2-5% per trade, and this is the only form of money management that will keep you alive.
Is muuuch better 0.01 lot for every 1000 in balance. Learned this ratio the hard way. If somebody wants more profit, then deposit more money and increase your balance.
Mar 07, 2019 at 07:41
(edited Mar 07, 2019 at 08:03)
Member Since Feb 24, 2017
6 posts
pipscalper71 posted:
I think Eleni is doing a great job as per say managing this signal, but because you are all greedy and jump into this signal without reading all of her notes and warnings, you all of a sudden get upset when there is a margin call. All these slippage issues in the past couple of months is because there is too many people trading the same trades at the same time, and there is not enough liquidity plus the fact that you are over leveraging the sh*t out of each trade with 1:500 accounts.
The real problem are not bad brokers or slippages it is the system itself. Such system are well know and it is only a matter of time when they bow up ( i said it already some week ago https://www.myfxbook.com/community/new-traders/how-find-right-signal/1683052,1 )
Eleni was honest, but she also oversold her system. Claiming that there are no dangerous techniques are use is misleading, also that a Stop Loss is used in every situation (according the description on her MT4 page). I think she did not realized the danger.
On the other side Metasoft checked the signal and issued repeated warnings like 'too much growth' or 'High current drawdown indicates the absence of risk limitation'. It is also very instructive that so many users ignored them.
Mar 07, 2019 at 07:46
Member Since Feb 16, 2019
49 posts
drayzen posted:thanks again, I guess I will make some comparison table of available specs and prices and then will decide.
Just be careful with the free VPS options from ICM because they're probably really low spec and will crap out with any more than a few charts and a couple of EA's.
the way I see it is that I can afford paid option, but if I will get something comparable without paying, why shall I not use it. but as you say, only if I get similar value, otherwise it does not make sense.
Mar 07, 2019 at 07:47
Member Since Feb 16, 2019
49 posts
drayzen posted:
I have seen it discussed in the past that using an account with 1:100 leverage or less makes it less likely for the broker to take the other side of your trades and always pass it off to the Interbank market. But how correct that is, who really knows.
I've only just opened accounts with IC Markets, but I suspect it's probably the same as the other broker I've used, FXOpen. In spite of their talk about 'ECN' etc. when I read through the fine print of their documentation it actually said that they take the other side of trades regardless of account type.
So it's only actually ECN when it's favorable for them to handle the trade that way and the low spreads/commissions are the only real benefit and you still have to watch your back.
can you please elaborate on this a bit more? at least I don't understand what you mean with here.
Mar 07, 2019 at 13:20
Member Since Jan 29, 2017
589 posts
Dear HAMSTER TURBO subscibers, after 3 days trapped in a 30 pip range EURUSD finally made its move. The second consecutive margin stop out has happened and I am really devastated and speechless about it. This has never happened even in the worst backtest year of this EA before. I will be using a slightly smaller lot size from Monday in order to increase our SL tolerance from 60 to 80 pips. Also I will be moving our TP to break even on London opening (at 9 o'clock GMT+2 time) to avoid unecessary losses in this unstable market. Further adjustments will be made if needed as the time goes by. I will now add my remaining signal funds + back up funds once again and I will resume trading next week with the new 1/4 of all capital.
Thank you very much for your attention!
Eleni Anna Branou
Thank you very much for your attention!
Eleni Anna Branou
Member Since Feb 17, 2014
51 posts
Member Since Aug 21, 2018
2 posts
Mar 10, 2019 at 14:39
Member Since Feb 16, 2019
49 posts
eleanna74 posted:
Dear HAMSTER TURBO subscibers, after 3 days trapped in a 30 pip range EURUSD finally made its move. The second consecutive margin stop out has happened and I am really devastated and speechless about it. This has never happened even in the worst backtest year of this EA before. I will be using a slightly smaller lot size from Monday in order to increase our SL tolerance from 60 to 80 pips. Also I will be moving our TP to break even on London opening (at 9 o'clock GMT+2 time) to avoid unecessary losses in this unstable market. Further adjustments will be made if needed as the time goes by. I will now add my remaining signal funds + back up funds once again and I will resume trading next week with the new 1/4 of all capital.
Thank you very much for your attention!
Eleni Anna Branou
Dear Eleni,
I just want to share some short thoughts on this with you. Just becase I think it is sometimes good to have some different view on things. I hope it's Of course it is up to you if you think of those thoughts, or not :-) I know that you are literally flooded now with many comments from your subscribers, so I will also understand if you don't feel like reading everything and taking every comment seriously. I just feel somehow 'forced' to share them with you.
1. As far, as the SL and TP: going this way could probably prevent the very last losses (I'm sure you analyzed it thoroughly). For long run, it seems for me, however, that the profit to risk ratio would get worse. Already today, there is not so high profit, while one or two losses can be very huge and drawdown the whole account. By adjusting SL and TP as you think now, the situation would actually get worse.
2. just a general thought, since you answered my previous questions and explained that HamsterTurbo can make gains independent of market trends and profits from short-term price variations. I understood that and this is valid strategy. What I personally thins is a little bit contradictory to what you explained yourself are recent losses. They positions were opened for a long time (two days). In such case, the trades have much less to do with 'scalping' at calm Asian market, the trades are then definitely highly dependent on the overall market trend (which, however, as you say, the strategy ignores, since it is based on short-time market movements). I think this is quite a contradiction and this is one issues that some of the people do not understand.
I personally think, closing the trades based on combination of SL and keeping trades not longer open than X hours (or maybe you can think of something even more clever, which considers the dynamic of the curve within the short time window ;-)) is better and would be loyal to your own scalping strategy. Part of the scalping is either to take a profit or to take a loss within very first few hours (which in case of the recent losses would be actually be a factor less or even close to zero) than reaching a huge loss after reaching the SL after two days, and being dependent on the global market trend (which is not part of 'hamstering').
just my thoughts, maybe they will be of any help to you.
best
Mar 10, 2019 at 15:50
Member Since Jan 29, 2017
589 posts
Thank you very much gammag for your very useful feedback. I also think that keeping scalping positions for hours or days is wrong, even though it worked smoothly for the past 6 months. That's why I will introduce the London opening break even function and I will interfere more actively in positions that are going past the middle day limit. The case of accepting a small loss, in order to avoid larger or disasterous losses is also I case I will consider more in the future. All these changes weren't needed until now and the EA was performing well in the previous market environment, but things have changed and I have to adapt if we want to move forward.
Mar 11, 2019 at 07:11
Member Since Feb 19, 2019
34 posts
The history of the trades is amazing. (Win percentage)
Would many of the trades have hit a SL of 25 that ended up winning? 20? 15?
If you can go through the history, you’ll be able to find a spot where you’re still very profitable while also reducing possible ruin. There will be a number where it’s a happy balance.
Would many of the trades have hit a SL of 25 that ended up winning? 20? 15?
If you can go through the history, you’ll be able to find a spot where you’re still very profitable while also reducing possible ruin. There will be a number where it’s a happy balance.
Mar 11, 2019 at 08:47
Member Since Jan 29, 2017
589 posts
I have analyzed and tested that suggestion a lot thedlewis. For example in the past 6 months we reached the 30-35% drawdown limit 11 times, so if we had a 30-35% SL we would have 'suffered' 11 times a 30-35% loss and that wouldn't be better. I've made countless tests with many variations and this strategy works only as it is. I will be making adjustments to the lot size, SL tolerance and break even function to adapt to the changing tough and unstable market though.
Mar 11, 2019 at 09:38
Member Since Jan 29, 2017
589 posts
Dear HAMSTER TURBO subscibers, FED's Powell is speaking twice on Monday and Tuesday, right in our trading session. That in addition to the UK Parliament's vote on Brexit deal on Tuesday, make the market very dangerous. We will refrain from trading for these 2 days and I will make a new announcement for Wednesday.
Thank you very much for your attention!
Eleni Anna Branou
Thank you very much for your attention!
Eleni Anna Branou
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.