Forex COMBO System - PAMM account (Theo fxcombo)

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Forex COMBO System - PAMM accountThảo luận

Sep 28, 2010 at 04:03
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49 Replies
Tham gia từ May 13, 2010   61bài viết
Oct 18, 2010 at 19:28
Because this is not a subjective decision for a trade or two. This is a trading logic proven in more then 2000 trades. One or two trades dose not means nothing. The scalping strategy performs best if the SL is far enough.

Regards!
Tham gia từ Dec 07, 2009   5bài viết
Oct 20, 2010 at 12:04
Hi, I notice your pamm account is different to your demo,
there is a sell trade open at 10.20.2010 03:45 in your demo but not the pamm account.
why?
thanks
Tham gia từ May 13, 2010   61bài viết
Oct 20, 2010 at 16:00
Yes, of course. In the moment of this trade, the terminal of the PAMM account was crashed.
Tham gia từ May 13, 2010   61bài viết
Oct 20, 2010 at 17:23
The FOREX trading is not only profits. What do you expecting? There are also bad periods. In our website you can see the maximal historical draw down - it is about 660 pips for the last 6 and a half years. That information is visible for all visitors. Are you a purchaser of FOREX COMBO SYSTEM?
Tham gia từ Nov 11, 2009   38bài viết
Oct 20, 2010 at 18:30
Hello,

Just curious, where do you see -402 pips and -660 pips in DD respectively? Thanks.

By the way Dan, you mentioned, 'the trade at 03:45 was not executed on you demo too.'

Are you talking about the following Forex Combo Demo 1 and Demo 2?

I see those open trades on both of those accounts:

https://www.myfxbook.com/members/fxcombo/forex-combo-system/41297
10.20.2010 03:45 EURUSD Sell 0.61 1.37643 1.37433 1.40643 -1218.17 -199.7 0.0

https://www.myfxbook.com/members/fxcombo/forex-combo-system-2/48332
10.20.2010 03:45 EURUSD Sell 14.23 1.37643 1.37433 1.40643 -28346.16 -199.2 0.0


FYI - I have my stop on the scalping strategy set to -30 pips. I may get stopped more often but I get less DD.
I'll test it this way for awhile and see what happens.



Tham gia từ May 13, 2010   61bài viết
Oct 20, 2010 at 18:35
In the user guide we recommend 5% average risk per trade (TradeMMSys(1,2,3)=5) for each one subsystem. With this level of risk the FOREX COMBO SYSTEM will survive in any circumstances.

As well we recommend as absolute minimum $1000 account for trading with volume 0.1 lot (10,000), and $10000 account for trading with volume 1.0 lot (100,000).

All this is conformable with the maximal achieved draw down.

Regards!
Tham gia từ May 13, 2010   61bài viết
Oct 21, 2010 at 06:50
Would you please, tell us the last 4 digits of your order reference number! We can't find you in our customers database.
Tham gia từ Oct 28, 2009   1430bài viết
Oct 21, 2010 at 08:04
Dan,
Can I suggest that you go and read something on risk management and position sizing or you are very rapidly going to end up in the percentile of people who lose all their money in forex.

On the subject of stop losses. I don't know how Forex Combo scales it's positions but if it does scale them for each strategy and
scale them according to the stop loss set then 15,228 pips with 793 drawdown using a 30 pip stop loss is a hell of a lot better than making 17,938 pips profit with 775 pip drawdown on a 300 pip stop loss.

Many traders focus on pips gained and it's useful to focus on pips lost/gained when trading. However using tighter stop losses allows you to size your positions larger and so the equivalent pips gained can mean a lot more money gained.

( Although I appreciate Forex Combo rarely uses the full 300 pips )


11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Tham gia từ May 13, 2010   61bài viết
Oct 21, 2010 at 09:50
Hello Steve,

The automatic lots are calculated on a base of 100 pips hypothetical loss. In example if TradeMMSys(1,2,3)=5, that is mean 5% loss from the account free margin, per trade on each 100 pips loss. If the 300 pips is reached (very unlikely) that will be 15% draw down if TradeMMSys1=5.

Regards!
Tham gia từ Oct 17, 2010   2bài viết
Nov 01, 2010 at 15:35
Just wondering why this pamm account is showing different trades than your other forex combo accounts. For example the number 3 trade that exits today (1st Nov) appears on through pamm at this time as a profit but has been stopped out as a loss your other two systems (forex combo and forex combo 2) why the difference please ?
Tham gia từ Oct 17, 2010   2bài viết
Nov 03, 2010 at 19:14
Once again today on the fed announcement your other combo accounts show 3 consecutive 30 pip losses whereas this pamm account shows only 1. Are they running on different brokers with different minimum spread settings?
Tham gia từ May 13, 2010   61bài viết
Nov 04, 2010 at 10:46
The difference between the brokers is normal. I have 30 pips forbidden zone in Alpari, so I have rejected trades sometimes.
Tham gia từ May 13, 2010   61bài viết
Nov 04, 2010 at 11:18
I have this in my logs, so the problem is clear for me:

16:10:53 Old tick EURUSD15 1.40288/1.40298
16:10:53 Old tick EURUSD60 1.40288/1.40298
16:10:53 Old tick EURUSD5 1.40288/1.40298
16:42:49 '114731': ping failed
16:43:01 '114731': login
16:44:05 '114731': DataCenter connecting failed [6]
16:44:11 '114731': login
16:44:13 '114731': login
19:02:51 Old tick EURUSD15 1.40465/1.40476
19:02:51 Old tick EURUSD60 1.40465/1.40476
19:02:51 Old tick EURUSD5 1.40465/1.40476
19:14:48 '114731': login
19:14:54 '114731': login
19:14:55 '114731': DataCenter connecting failed [6]
19:15:01 '114731': login
19:15:03 '114731': login
20:25:42 '114731': instant order buy 0.15 EURUSD at 1.40792 sl: 1.40492 tp: 1.43792
20:25:43 '114731': request was accepted by server
20:25:43 '114731': request in process
20:25:48 '114731': order was opened : #101505755 buy 0.15 EURUSD at 1.40792 sl: 1.40492 tp: 1.43792
20:28:41 '114731': instant order buy 0.15 EURUSD at 1.40501 sl: 1.40201 tp: 1.43501
20:28:41 '114731': request was accepted by server
20:28:42 '114731': request in process
20:28:43 '114731': order buy 0.15 EURUSD opening at 1.40501 sl: 1.40201 tp: 1.43501 failed [Off quotes]
20:28:49 '114731': instant order buy 0.15 EURUSD at 1.40211 sl: 1.39911 tp: 1.43211
20:28:50 '114731': request was accepted by server
20:28:50 '114731': request in process
20:28:52 '114731': order was opened : #101506170 buy 0.15 EURUSD at 1.40211 sl: 1.39911 tp: 1.43211
20:57:05 '114731': modify order #101506170 buy 0.15 EURUSD at 1.40211 sl: 1.39911 tp: 1.43211 -> sl: 1.40212 tp: 1.43211
20:57:05 '114731': request was accepted by server
20:57:05 '114731': request in process
20:57:06 '114731': order #101506170 buy 0.15 EURUSD at 1.40211 was modified -> sl: 1.40212 tp: 1.43211
Tham gia từ Oct 27, 2010   13bài viết
Nov 05, 2010 at 00:39
hello FX automater,
I'm looking your EA and this account but I have a question.
Did you close manually the trade on 11/3 with 254 pips profit because on this account
https://www.myfxbook.com/members/birt/forex-combo-system/50897
the trade is still open with about 202 pips
thanks for your answer
regards
Tham gia từ Sep 04, 2009   879bài viết
Nov 05, 2010 at 01:23

fxcombo posted:
    I have this in my logs, so the problem is clear for me:

16:10:53 Old tick EURUSD15 1.40288/1.40298
16:10:53 Old tick EURUSD60 1.40288/1.40298
16:10:53 Old tick EURUSD5 1.40288/1.40298
16:42:49 '114731': ping failed
16:43:01 '114731': login
16:44:05 '114731': DataCenter connecting failed [6]
16:44:11 '114731': login
16:44:13 '114731': login
19:02:51 Old tick EURUSD15 1.40465/1.40476
19:02:51 Old tick EURUSD60 1.40465/1.40476
19:02:51 Old tick EURUSD5 1.40465/1.40476
19:14:48 '114731': login
19:14:54 '114731': login
19:14:55 '114731': DataCenter connecting failed [6]
19:15:01 '114731': login
19:15:03 '114731': login
20:25:42 '114731': instant order buy 0.15 EURUSD at 1.40792 sl: 1.40492 tp: 1.43792
20:25:43 '114731': request was accepted by server
20:25:43 '114731': request in process
20:25:48 '114731': order was opened : #101505755 buy 0.15 EURUSD at 1.40792 sl: 1.40492 tp: 1.43792
20:28:41 '114731': instant order buy 0.15 EURUSD at 1.40501 sl: 1.40201 tp: 1.43501
20:28:41 '114731': request was accepted by server
20:28:42 '114731': request in process
20:28:43 '114731': order buy 0.15 EURUSD opening at 1.40501 sl: 1.40201 tp: 1.43501 failed [Off quotes]
20:28:49 '114731': instant order buy 0.15 EURUSD at 1.40211 sl: 1.39911 tp: 1.43211
20:28:50 '114731': request was accepted by server
20:28:50 '114731': request in process
20:28:52 '114731': order was opened : #101506170 buy 0.15 EURUSD at 1.40211 sl: 1.39911 tp: 1.43211
20:57:05 '114731': modify order #101506170 buy 0.15 EURUSD at 1.40211 sl: 1.39911 tp: 1.43211 -> sl: 1.40212 tp: 1.43211
20:57:05 '114731': request was accepted by server
20:57:05 '114731': request in process
20:57:06 '114731': order #101506170 buy 0.15 EURUSD at 1.40211 was modified -> sl: 1.40212 tp: 1.43211

Which Alpari broker is it? UK, RU, NZ ?
Tham gia từ May 13, 2010   61bài viết
Nov 05, 2010 at 08:36
Pc8multifx, this is Alpari RU. I think it is the same with Alpari NZ.

Albatore, this position is closed by hand. In the same moment in all demos i have 20 pips trailing stop near to the market price.

As I told early in this thread, I will close by hand if there is a big profit for the breakout strategy.

Regards!
Tham gia từ Oct 05, 2010   3bài viết
Nov 05, 2010 at 16:17
Hi Fxautomater, could i know standar value pip of Alpari RU for EUR/USD, thanks
Tham gia từ Oct 05, 2010   3bài viết
Nov 05, 2010 at 16:18
value pip = spread
Tham gia từ May 13, 2010   61bài viết
Nov 06, 2010 at 06:46
Average 1,5 pips.
Tham gia từ Nov 07, 2010   1bài viết
Nov 07, 2010 at 17:25
I'm currently running this system (bought it three weeks ago) and installed it on a VPS. Is there a way to be updated by e-mail when the COMBO PAMM account closes trades by hand (manual close)? Based on the PAMM manual close I may or may no close my live position.Then it becomes a semi-auto EA but I'm quite ok with this approach. These days most of this can be executed by smart phone.
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