BlueMonkey Real Money Live Test == Started Oct 2014 토론

askew8 posted:
Alex are you partially closing out your trades for more profit? I ask this because we had similar trades opened and the excact same amount of trades opened (9 sell orders on eurgbp). We both had a close at 9:30 today. Yours was a single trade and mine was the whole basket. That left you with 8 trades open. You then closed 3 more in the 15 hour for profit and you currently still have 5 trades open.

I am not at all complaining because my basket closed in profit and I'm not being greedy but I just feel that that is a misrepresentation of the EA because there is manual intervention and then there is no way possible for any one to replicate your gains no matter what percentage of risk they take on. It is a good EA but I think its only fair to show the real results so people know what they have in store for them.

Again I am in no way complaining I just want thing to be clear.

askew8 posted:
I could also be wrong and if anyone else is having similar closes to the master account please let me know as maybe there is an issue with my system...

askew8 posted:
@bluemonkey question for you. The stop percentage, does that only happen when the percentage is reached for that basket (eurgbp or eurusd)? Or is it for every trade? Lets say we have both open and together they are in a dd that reaches the risk percentage. Will they both close out or are they each independent on the dd and stop percentage. Meaning the eurgbp will only stop when it has drawndown to 30% solely? Just want to be 100% clear about this...

pipsquick posted:
I see that your open trade draw down is at 26%, so I am wondering what you have your stop out set is to currently??

It is obviously higher than 26%, but now your risk is getting really high. Your EA seems to be doing much better since you started this second test with FXCMbut what was the largest stop out in the history of this Bluemonkey EA??

gorydan posted:
Hi,

In my tour to share my experience of user of blue monkey ea with you. Having sudden the drawdown wide from September till October on Eur/Gbp around the period of the vote for the independence of the Scotland, I fought on the market not to lose too much money. Since this time I lowered my parameters and I am totally relaxed and confident on this robot.

According to me the parameters are the following :

0.01 for 1000 = risk of drawdown maximal of 60 %
0.01 for 2000 = risk of drawdown maximal of 30 %
0.01 for 3000 = risk of drawdown maximal of 20 %
0.01 for 4000 = risk of drawdown maximal of 15 %

Think that you need to have a capital of 1000 to set the first setting, of 2000 for the second setting, of 3000 for the third setting, of 4000 for the fourth setting ... because the robot will not trade if you set 0.01 lot for a higher slice of capital than you have.
Obviously you can put 0.01 for any number you want (for example 0.01 for 1578 or 0.01 for 2225 or 0.01 for 4981, etc... )

>>> From this report I have set a risk of 0.01 for 3000 'for each pair', what returns me to a total risk (trading 2 pairs at the same time) of 0.01 for 1500 (because 0.01/3000 + 0.01/3000 = 0.02/3000 = 0.01/1500). It's mathematical, it's just fractions.

I hope to help you to choose better your parameters.

Christophe

bluemonkey posted:
WHO HAD SOME LEGIT WINNING THIS WEEK? 😇😇😇😇😇😇😇

CHEEERS, ENJOY YOUR WEEKEND :-)

askew8 posted:

Hi Christophe,

These parameters are based on your own assesment and experience? I ask because according to the manual, the standard setting is .01 for 500 and thats at 30% risk (for both pairs, would be 60%) so then based on this, .01 for 1000 would be 15% risk or 30% for both pairs and so on...

Also, the EA also runs in such a way that both pairs don't usually trade together. I have seen it a couple times but one pair was open for some time and apperently the conditions were good too good for the other so it opened that basket (both closed in profit too) And it also hedges at times as well. Just wanted to point that out as well.