Tom'sEa WPFX LIVE (Od TomsEaWPFXlive)

Użytkownik usunął ten system.

Tom'sEa WPFX LIVE Omówić

Aug 17, 2011 at 20:57
Przeglądane 65,083
1,196 Replies
Uczestnik z Jan 31, 2011   724 postów
Dec 05, 2011 at 10:32

   tradingshed posted:
   What other EAs are you running?

If you are looking for another good EA, then try this one. https://www.myfxbook.com/members/TulipFX/kangarooea-small-live-c/68427

It is called the kangaroo. This is one of the few companies that actually put real money in an account and let it run. I believe this is also one of the only real accounts with an EA that has survived and done well that has been running for over a year.

I also recommend the wallstreet forex, the forex growth bot, and million dollar pips. There are a few others I have heard are doing well, but I have no experience with them personally.
Make losses, but always come out a winner at the end.
Uczestnik z Nov 06, 2011   181 postów
Dec 05, 2011 at 10:43
Fughe, thank you.

I have looked into MDB but it does not agree with my broker. Actually, scalping doesn't.... However, I want to keep the broker as I want to stay in spreadbetting and the choice is not vast :-( I will look into the others.
Uczestnik z Jan 31, 2011   724 postów
Dec 05, 2011 at 10:55

   tradingshed posted:
   Fughe, thank you.

I have looked into MDB but it does not agree with my broker. Actually, scalping doesn't.... However, I want to keep the broker as I want to stay in spreadbetting and the choice is not vast :-( I will look into the others.

No problem. MDP is a very difficult EA to get it set right with the right broker. If you don't it will eat your account quickly. But, when it is set right....it build faster than any other EA.
Make losses, but always come out a winner at the end.
Uczestnik z Nov 06, 2011   181 postów
Dec 05, 2011 at 21:57
HI all,

Is it only me noticing a sharp decline in activity?
I am aware that trading conditions recently are very different from previous weeks but the decline in activity is drastic if we compare to the last few weeks. I am running 4 pairs after all.

Dustin, has anything changed in an update?

(I know, first we complain on too much DD then not enough ;-)
Uczestnik z Oct 05, 2011   60 postów
Dec 06, 2011 at 00:29 (edytowane Dec 06, 2011 at 00:30)
Nothing has changed in the programming. The market has just been rangebound which means steady profit but it tends to be smaller profit than when the market runs against us and builds multiple positions. It really is a questions of market range. We are up over 1% on the wpfx account and we have only had a few trading days in the month so Im not terribly worried. We closed last month out with 18.7% on that account so all seems to be clipping along just fine for now. I do expect smaller gains this month since we will be scaling back over the holidays.
Uczestnik z Feb 10, 2010   4 postów
Dec 06, 2011 at 03:06
Wow what a great read, and to all the contributors and Dustin thanks for sharing your thoughts. For me personally, I have been using the EA with great success, I have employed the VPS to ensure there are no interuptions with the trading and I must say if this EA can give 5% a month that's hugh! When you look at the big picture, I know many traders can make
20-30% a month but approachig this as a business having your money compound at 5% without the daily stress of the market is great. I think as traders its common to set our expectations high, but at a conservative 5% where else can you get that return. I do agree with the marketing from Dustin as sometimes being confused as systems are promoted daily with the same excitment and it can be confusing is this hype or legit, so far i have tried the News trader and this and both I saw the potential for profit so Dustin has been moved from the junk folder to the inbox. back to Tom's Ea nonetheess the drawdown on Tom's EA has been 2% max for me in demo and currently I'm at 13%..excellent. I do have two concerns that Dustin seems to be addressing in the near future I would like to be able to see the current live trades of the master ea so that I can ensure my account is on track and also a button to have the EA go Flat when I instuct it too. Other then that being an in the martket trader i am watching the EA everyday, I have my mental stop set and I am prepared to close all positions once that is hit, and continue again another month I think that is the key to this system.

As there is no holy grail for this unpredicatable market.

P.S Also another annoyance wih Tom's Ea is that if I switch from the 1min time frame I get the message to go back on the 1min timeframe for the EA to function. I understand why tis is required but I often change the time frame to analyze the market trend to ensure we are on track.

Good luck to all and Tom's Ea has my support for as long as it works.

My Fxbook is public so feel free to check it to validate my comments.

My settings
10K, 3-4pairs (I change it pending the amount of locked in profit), risk level 2
Uczestnik z Jan 31, 2011   724 postów
Dec 06, 2011 at 03:23

   Davidr posted:
 

P.S Also another annoyance wih Tom's Ea is that if I switch from the 1min time frame I get the message to go back on the 1min timeframe for the EA to function. I understand why tis is required but I often change the time frame to analyze the market trend to ensure we are on track.


You probably already know this but just haven't thought of it. If you want to watch multiple timeframes on a currency pair but can't mess with the chart the EA is on, I recommend minimizing the chart the EA is on, and opening a new chart to watch the trading from. That way you can switch time frames without messing with the EA.
Make losses, but always come out a winner at the end.
Uczestnik z Feb 10, 2010   4 postów
Dec 06, 2011 at 04:12
😄 Good point to repeat to all the readers.

Thanks
Uczestnik z Jan 31, 2011   724 postów
Dec 06, 2011 at 04:20
Yeah. It is easy to overlook the little things. 😀
Make losses, but always come out a winner at the end.
Uczestnik z Jan 25, 2010   48 postów
Dec 06, 2011 at 04:35

   Davidr posted:
   
P.S Also another annoyance wih Tom's Ea is that if I switch from the 1min time frame I get the message to go back on the 1min timeframe for the EA to function. I understand why tis is required but I often change the time frame to analyze the market trend to ensure we are on track.

The thing I don't understand is that if it looks at multiple time frames as has been stated, then it must be in the coding to use only particular time frame EA's MACD etc etc, sooooo, it shouldn't matter what timeframe it is attached to?????????

I to prefer to look at different time frames through the day - opening too many charts of different currencies just slows the PC down and then of course you build in order delay which can scew the results.
Uczestnik z Jan 25, 2010   48 postów
Dec 06, 2011 at 04:43

   GlobalProfit posted:
    We are up over 1% on the wpfx account and we have only had a few trading days in the month so Im not terribly worried. We closed last month out with 18.7% on that account so all seems to be clipping along just fine for now. I do expect smaller gains this month since we will be scaling back over the holidays.

Amazing the variation in this EA

over1% v 0.23%

18.7% v -2.01%
Uczestnik z Jan 31, 2011   724 postów
Dec 06, 2011 at 04:51 (edytowane Dec 06, 2011 at 04:53)

   CanAm posted:
   

   Davidr posted:
   
P.S Also another annoyance wih Tom's Ea is that if I switch from the 1min time frame I get the message to go back on the 1min timeframe for the EA to function. I understand why tis is required but I often change the time frame to analyze the market trend to ensure we are on track.

The thing I don't understand is that if it looks at multiple time frames as has been stated, then it must be in the coding to use only particular time frame EA's MACD etc etc, sooooo, it shouldn't matter what timeframe it is attached to?????????

I to prefer to look at different time frames through the day - opening too many charts of different currencies just slows the PC down and then of course you build in order delay which can scew the results.


The way that works is, the minimum timeframe you use is what the EA has to be put on. It then builds the higher timeframes from the smaller bars. The EA doesn't actually look at the higher timeframe charts. This is why the backtests should be very reliable.

What i prefer to do is have all my EAs on my VPS and then use mt4 on my laptop or desktop to monitor what they are doing (or trade manually). One other primary thing you can do to reduce cpu overhead is reduce the maximum number of bars allowed in the chart and in history to 5000. You can do this in the TOOLS-OPTIONS area.
Make losses, but always come out a winner at the end.
Uczestnik z Jan 31, 2011   724 postów
Dec 06, 2011 at 05:02

   CanAm posted:
   

   GlobalProfit posted:
    We are up over 1% on the wpfx account and we have only had a few trading days in the month so Im not terribly worried. We closed last month out with 18.7% on that account so all seems to be clipping along just fine for now. I do expect smaller gains this month since we will be scaling back over the holidays.

Amazing the variation in this EA

over1% v 0.23%

18.7% v -2.01%


This can also be explained by the timeframes and how the EA gathers data. The view of the higher timeframes is HIGHLY dependent upon WHEN you start the EA. Unless they have coded in a system to force the EA to track the bars from a specific reference point. This would account for the big difference between accounts.
Make losses, but always come out a winner at the end.
forex_trader_52540
Uczestnik z Nov 06, 2011   248 postów
Dec 06, 2011 at 05:31

   Davidr posted:
    back to Tom's Ea nonetheess the drawdown on Tom's EA has been 2% max for me in demo and currently I'm at 13%..excellent. I do have two concerns that Dustin seems to be addressing in the near future I would like to be able to see the current live trades of the master ea so that I can ensure my account is on track and also a button to have the EA go Flat when I instuct it too. Other then that being an in the martket trader i am watching the EA everyday, I have my mental stop set and I am prepared to close all positions once that is hit, and continue again another month I think that is the key to this system.

My settings
10K, 3-4pairs (I change it pending the amount of locked in profit), risk level 2

did you trade the other EA with same account? your recent profit profile looks abnormal. TOMs EA is working well for this week.
Uczestnik z Nov 18, 2011   1 postów
Dec 06, 2011 at 07:24

   tradingshed posted:
   HI all,

Is it only me noticing a sharp decline in activity?
I am aware that trading conditions recently are very different from previous weeks but the decline in activity is drastic if we compare to the last few weeks. I am running 4 pairs after all.

Dustin, has anything changed in an update?

(I know, first we complain on too much DD then not enough ;-)


yes, it is quite different from yesterday's chart.
Uczestnik z Oct 05, 2011   60 postów
Dec 06, 2011 at 12:43

  
Amazing the variation in this EA

over1% v 0.23%

18.7% v -2.01%


There should not be much variation at all assuming you are using the same settings and trading the same pairs. There can be quite a bit of variation if you use different settings or different pairs or if you are trading a non-hedging account and comparing to a hedging account.


   Davidr posted:
   
P.S Also another annoyance wih Tom's Ea is that if I switch from the 1min time frame I get the message to go back on the 1min timeframe for the EA to function. I understand why tis is required but I often change the time frame to analyze the market trend to ensure we are on track.


You can always just open a second occurrence of the same pair which is what I do. that way I can look at other time frames on the second chart.
Uczestnik z Jan 25, 2010   48 postów
Dec 06, 2011 at 13:41

   GlobalProfit posted:
   
There should not be much variation at all assuming you are using the same settings and trading the same pairs. There can be quite a bit of variation if you use different settings or different pairs or if you are trading a non-hedging account and comparing to a hedging account.

Only different parameter is 1% risk instead of 2% which should not lead to worse results one would think?


   GlobalProfit posted:
You can always just open a second occurrence of the same pair which is what I do. that way I can look at other time frames on the second chart.

Missed the point completely there :)
Again - if EA is already calculating based on multiple time frames why does it have to be on a specific chart window?
And again, multiple charts = slower computer performance = risk of different results

Uczestnik z Feb 10, 2010   4 postów
Dec 06, 2011 at 13:48 (edytowane Dec 06, 2011 at 13:49)

   craneliu posted:
  

did you trade the other EA with same account? your recent profit profile looks abnormal. TOMs EA is working well for this week.

I did trade the other EA but I had many technical issues that were my fault, I started tracking this account on Oct 31 once I had the VPS setup and I was making all other trades on other accounts so that I could see the real results of this EA by itself. I'm not an fxbook master by any means so if the profit looks abnormal to you, I don't know how to make it look normal for you as it is real with no intervention and the report is there also, I also installed the EA on WPFX and the results are almost identical.

I have also noticed little less activity as I have 3 open trades from 11/25, this is why I would like to have a master terminal in the member area or access through fxbooks that can make sure that using the same settings I am in the same trades as the Tom & Dustin. I think the activity is due to them scaling back the EA for the December month as per the members email.
Uczestnik z Jan 31, 2011   724 postów
Dec 06, 2011 at 14:10
Maybe I should automate my manual system too! had nearly +500 pips from wednesday to friday last week. I just closed out another +200 so far today. Still have some open and waiting for the market to make up it's mind on those.
Make losses, but always come out a winner at the end.
Uczestnik z Jan 25, 2010   48 postów
Dec 06, 2011 at 14:42
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