Hi everyone. I have taken the system offline to inspect and investigate my coding which caused a TP on one of the pairs (AUDUSD) to globally close all trades, regardless profit or loss. Obviously, this isn't part of the plan, because my personal lost profit exceeds any performance commission from the PAMM followers. This arose in my excitement to use my new profit calculation algorithm to generate more profit to cover lost ground from the previous glitch - when I should have instead subjected it for longer private testing. Fortunately, majority of my PAMM followers are ultimately profitable, while some who joined later had a nett loss of 4-5%. For those affected, I have a separate performance fee arrangement to compensate and make it worthwhile for them. Nonetheless, when the system is working properly, this will be regained in no time. My only regrets are in getting so close to be able to help about a dozen people now, see double digit returns for the first time, in their forex investing; and also the overall stats - which could have gone into the mid-double digits in the next 1-2 days had this not occurred.
I am since restarted my system and on a FXTM ECN ZERO - which is no commission. With Brexit concerns all around, I have decided to take this opportunity to get out of all GBP pairs. I did initially want to include AUDNZD for some time now, but after realizing the high spreads, I think it's no point. To replace GBPUSD and EURGBP, I have instead included USDCAD and EURAUD which have excellent backtest results on both buys and sells over the past 3 months which have seen several big movements in the market.
Please look out for FireYourBossV2 - where you will see my new profit calculation algo in full effect, which will result in far greater 'Profit Factor' and 'Expected Payoff' figures.
I am committed to making regular optimization and future upgrades to this system so that this will be the closest to the Holy Grail in FOREX investing that anyone can get and become a Top 20, and then Top 10, and Top 5 system in MyFxBook.
Sincerely,
Julian
Binary Lab / Forex Learning Group
https://facebook.com/thebinarylabpage
To live the life of the Professional Bum.