ProFx 3.0 (By Forex21)
| Gain : | +217.9% |
| Drawdown | 19.01% |
| Pips: | 1466.6 |
| Trades | 165 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:500 |
| Trading: | Manual |
ProFx 3.0 Discussion
Member Since Feb 04, 2012
85 posts
Apr 15, 2014 at 19:47
(edited Apr 15, 2014 at 20:05)
@Forex21
You have referred to this showcase account previously: https://www.bestforexrobots.net/pro-fx-3.html
I wonder why the results of the 'affiliate' are so different from the MyFxBook master account...?
Today (4/15/14) is a very clear example what I am reffering to:
MyFxBook account: -40 pips
MT4i account: +22 pips
The entry and exit times were significantly different, not to mention the outcomes. At least the directions were identical.
Does so much depend on the interpretation of the signals...?
1. If yes, how can it be a 100% ruled based strategy?
2. If no, who has not followed the strategy's rules today? And why?
You have referred to this showcase account previously: https://www.bestforexrobots.net/pro-fx-3.html
I wonder why the results of the 'affiliate' are so different from the MyFxBook master account...?
Today (4/15/14) is a very clear example what I am reffering to:
MyFxBook account: -40 pips
MT4i account: +22 pips
The entry and exit times were significantly different, not to mention the outcomes. At least the directions were identical.
Does so much depend on the interpretation of the signals...?
1. If yes, how can it be a 100% ruled based strategy?
2. If no, who has not followed the strategy's rules today? And why?
Apr 21, 2014 at 07:01
Paracelsus66 posted:
I wonder why the results of the 'affiliate' are so different from the MyFxBook master account...?
Results of traders who use the basic trading rules will be the same or very similar to our results. However, as ProFx is very flexible, many users use it on different time frames results will be different.
Paracelsus66 posted:No, signals itself are very easy to follow. Used time frame, currency pair(s), trading time and number of daily trades are responsible for different results.
Does so much depend on the interpretation of the signals...?
Paracelsus66 posted:If you follow the basic rules as described in the user guide it is 100% rule based. However, it is of course the decision of the trader how precise he follows the rules.
1. If yes, how can it be a 100% ruled based strategy?
Paracelsus66 posted:Our entry and exit was based on the basic rules (100% rule based) but it does not mean that Mr. Houstan did not follow the rules. It is easily possible that he use it on another TF or use slightly modified trading rules.
2. If no, who has not followed the strategy's rules today? And why?
George_W posted:
Alex, I think I mastered GBPUSD and now I am thinking about using your system on other pairs as well. Do you have any suggestions for me?
Best Regards,
Alexander
Apr 23, 2014 at 13:00
(edited Apr 23, 2014 at 13:00)
Today I would like to share some user results with you.
Wolfgang - Newbie Trader, +137.99% in four month (Medium Risk)
https://www.myfxbook.com/members/Wolfgang/profx-3-gueu/900037
Josef - Professional Trader, +132.80% in 3 month (Medium Risk)
https://www.myfxbook.com/members/JosefK/profx-30-test/850004
George - Experienced Trader, +249.26% in 4 month (High Risk)
https://www.mt4i.com/users/wf2013/stats?startdate=2014/1/19&enddate=2014/4/23
Guilber - Newbie Trader, +71.51% in 4 month (Low risk)
https://www.myfxbook.com/members/Guilber/profx-3/847958
Regards, Alexander
Wolfgang - Newbie Trader, +137.99% in four month (Medium Risk)
https://www.myfxbook.com/members/Wolfgang/profx-3-gueu/900037
Josef - Professional Trader, +132.80% in 3 month (Medium Risk)
https://www.myfxbook.com/members/JosefK/profx-30-test/850004
George - Experienced Trader, +249.26% in 4 month (High Risk)
https://www.mt4i.com/users/wf2013/stats?startdate=2014/1/19&enddate=2014/4/23
Guilber - Newbie Trader, +71.51% in 4 month (Low risk)
https://www.myfxbook.com/members/Guilber/profx-3/847958
Regards, Alexander
Member Since Apr 25, 2013
107 posts
May 10, 2014 at 19:12
Hello Alexander,
Do you know why ALL the user accounts you shared with us, stopped updating? Strange...
Cheers!
Víctor
Do you know why ALL the user accounts you shared with us, stopped updating? Strange...
Cheers!
Víctor
Patience, focus and self-control to win the game with diligence.
Member Since Feb 04, 2012
85 posts
May 11, 2014 at 09:56
VictorTous posted:
Hello Alexander,
Do you know why ALL the user accounts you shared with us, stopped updating? Strange...
Cheers!
Víctor
I would have a few ideas... The first one comes to mind is that no one has been able to reproduce the claimed results.
Unless proven otherwise by letting them to be updated...
May 11, 2014 at 10:41
(edited May 11, 2014 at 10:45)
@Victor Tous
It's up to the users if they share their results or not. If you would like to know why they share their results ....or don't share....update or don't update, I would suggest that you ask them directly.
BTW...here is another account from a user who started last week with ProFx.
@ Paracelsus66
If you do some research you will find out that many users archive much higher performance.
It's up to the users if they share their results or not. If you would like to know why they share their results ....or don't share....update or don't update, I would suggest that you ask them directly.
BTW...here is another account from a user who started last week with ProFx.
@ Paracelsus66
If you do some research you will find out that many users archive much higher performance.
Member Since Feb 04, 2012
85 posts
May 11, 2014 at 12:27
Wow... Amazing performance history...! 3 tradings days with 2 losers and 1 winner...
Statistically speaking what would be the 'p' value?
Statistically speaking what would be the 'p' value?
Member Since May 04, 2012
1608 posts
May 11, 2014 at 13:01
Forex21 has blocked me as 'Paracelsus66', so I am forced to reply to him this way. Probably he will block me again, as he will block anybody who questions his universal success story.
Anyway, let's see the same account in 2 months.
@Forex21
If you are up to the challenge, you will not block me. If yes, it tells the story and I will make you face it with a 3rd username.
Anyway, let's see the same account in 2 months.
@Forex21
If you are up to the challenge, you will not block me. If yes, it tells the story and I will make you face it with a 3rd username.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
May 11, 2014 at 14:25
The blocking feature provides the possibility to get rid off folks who just visit threads to cause frustration to others. As I believe laughing on users who just started to use ProFx 3.0 one week ago is just awful I blocked you and will keep blocking you until you are able to discuss things in a professional manner or run out of user names.
Have a good weekend!
Have a good weekend!
forex_trader_84701
Member Since Jul 17, 2012
2 posts
May 12, 2014 at 06:35
can yo add other indicators such as ichimoku to your system?
forex_trader_84701
Member Since Jul 17, 2012
2 posts
May 12, 2014 at 06:36
to be visible as a sort of confirmation of signals.. i understand too many indicators spoil the broth
Member Since Apr 28, 2012
231 posts
May 18, 2014 at 21:09
Do you have a 6+ year Dukascopy tick data backtest available for this EA?
Offering the best commission discounts for the best broker: $1.50 / RTL Global Prime:
May 20, 2014 at 11:37
(edited May 20, 2014 at 11:42)
I believe many of you know Andrew. He manages our support desk and making great progress with ProFx. Link to his stats: https://www.myfxbook.com/members/Forex21/profx-30-andrew/921384
Member Since Apr 28, 2012
231 posts
May 20, 2014 at 18:33
Apologies!
I'm certainly interested, but I'd definitely like to see a 6+ year backtest for an EA implementation of the trading strategy (it seems fairly deterministic) as a proof of concept, so I know that this can be profitable over the long term.
I'm certainly interested, but I'd definitely like to see a 6+ year backtest for an EA implementation of the trading strategy (it seems fairly deterministic) as a proof of concept, so I know that this can be profitable over the long term.
Offering the best commission discounts for the best broker: $1.50 / RTL Global Prime:
