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MasterGuru replied Mar 24, 2016@mpradeep As of now there is no EA with "auto hedge" mode. @soeasy Agree, we should consider serious testing only of the promised EA based EXCLUSIVELY on the concept of Video 2. All other new ideas should be incorporated only after that, otherwise ...
Accumulative Profits Grid System
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MasterGuru replied Mar 24, 2016This EA version has a 1.1x multiplier (burnt in). And yes, it would be still scary on a live account.
Accumulative Profits Grid System
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MasterGuru replied Mar 24, 2016@Clipi I agree that - at this point - the settings are not realistic to be run on a real account. Nevertheless, if it brings in 10% a day and the account crashed only once a month (statistically and long term) then it might turn out to be an ...
Accumulative Profits Grid System
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MasterGuru replied Mar 24, 2016Meanwhile the demo test run: +1174 USD profit with -0.84 USD floating DD after 38 hours: image image
Accumulative Profits Grid System
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MasterGuru replied Mar 24, 2016@Remon What you have outlined above can be made profitable without any direction predictions. You can simply start the EA on 2 charts: on the 1st one BUY ONLY, and on the 2nd SELL ONLY. A. IF there were an UPTREND: 1. Your BUY ONLY chart will show ...
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016@soeasy69 Thanks for your input! Which pairs have worked out the best for you with similar strategies?
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016I am not sure how it would work out on a live account... But these are the statistics by MyFxBook (yellow line is Equity, i.e. showing the impact of floating loss): image
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016@zigler I have shown my settings numerous times, but here it goes again... Grid step is set at 1 pip... (10 points) P.S. I am using the very first published EA made by @Voldemar227 which EA uses progressive lot sizes. The only thing I have modified ...
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016@zigler If you had read my previous posts you would know better what I meant by "risky"... Apparently you did not read them... Anyway, here you go... Floating loss is -21 USD with +998 USD closed profits on a $5k account... image
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 201620% profit on a $5k account in 1 day... (but still risky): image
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016But luring people into trading by an obviously FAULTY strategy with "min. deposit $5000" - just for some IB fees - then crashing their $5k+ LIVE accounts with DEMO signals is a CRIME! I guess, it is you again "IC-Markets" under a new Username... ...
IC Markets Auto Rebates 21% for ECN Account and 8% for cTrader
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MasterGuru replied Mar 23, 2016Voldemar's initial EA (with the progressive lots) is still the most promising in forward test: 954 USD profit (with current -52 USD floating DD) in 24 hours using 0.01 starting lot with 1 pip gridsteps: image
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016Thanks, Voldemar! Forward test shows that EA has stopped placing orders after the 6th buy order... image
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016With the 10 pips grid and fixed lots the DD is really bad in relation to closed profits but mainly due to the USDCAD uptrend... Anyway, it does not matter it is EURUSD or USDCAD, the fact of the matter is that a strong trend can cause a huge DD if ...
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016I use the very first experimental version made by @Voldemar227.
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016On my end it works just fine... So far so good, but it is still a TIMEBOMB...
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016This is a standard (no commission) DEMO account, so the spread costs are absorbed during trade closures. Again, this is the OLDER VERSION of the EA based on Part 1.
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016Progressive lot version over the past 23 hours: 856 USD profit with -8 USD floating loss on a $5k account: image image
Accumulative Profits Grid System
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MasterGuru replied Mar 23, 2016Forward test results of FIXED lot version with 0.1 lot running simultaneously on EURGBP, EURUSD and USDCAD: 267 USD profit in 5 hours on a $10k account. image image image
Accumulative Profits Grid System