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Original Forex Wonder


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Re: [Req] Original Forex Wonder

 

The Forexwonder is crap if you don´t have the special settings from 4xProject.

I just backtested it for 2009 with the forward-test-settings from 4xProject and the results are 42% profit from Jan-2009 until Nov-2009. Drawdown more than 50%.

These are not the settings they use on the live-account at 4xProject.

 

Here you have the original Forexwonder with original Manual, which says "only use on EURUSD 1H"

Enjoy, because I did not.

http://www.forexsharing.com/32830

 

Please find the special settings which Zeno uses at 4xProject and share them, because he put it on a live-account, so it must be profitable.

Without these settings it is a bad EA.

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Re: [Req] Original Forex Wonder

 

hi guys,

 

look Zeno's setting :-bd

 

Magic=20090505

Comment1=Money Management

Lots=0.10000000

RiskManagementEnable=1

RiskPercent=1.00000000

MinLots=0.01000000

MaxLots=100.00000000

Comment2=Order Management

StopLoss=350

TakeProfit=600

TrailingProfit=0

TrailingStop=0

TrailingStep=0

starttime=18

stoptime=23

MyComment=Dont change any of the below parameters

X=55

Y=55

Z=80

RSI_period=40

RSI_price=0

BB1_period=80

BB1_deviation=2

BB1_shift=0

BB2_period=25

BB2_deviation=2

BB2_shift=0

BB2_price=4

StartMonth=1

StartDay=1

EndMonth=12

EndDay=15

szpar1=100

szpar2=100000

Multiplier1=2.00000000

Multiplier2=4.00000000

Multiplier3=8.00000000

 

Kudo welcome :shand:

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Re: [Req] Original Forex Wonder

 

from 4xproject

 

4x_zeno 4x_zeno is offline

Administrator

 

Join Date: Jun 2009

Posts: 724

Exclamation Pseudocarcharias (Forex Wonder)

LIVE Account

 

Pair: EURUSD

Timeframe: H1

 

We use the Pseudocarcharias V102 as available in the normal download section.

 

Settings:

All settings are like in the Forex-Wonder setup beside the moneymanagement functions.

Multiplier1, Multiplier2, Multiplier3: These settings define the multiplier used for the lotsize of the additional trades. As this means increased risk we decided to use a value of 1 for all 3 multipliers so the robot will always trade with the same lotsize.

Lotsize considerations. The built in money management does not care about the risk involved it's more a leverage based calculation. Pseudocarcharias has a stoploss of 350 pips for it's trades and as we see in backtests it needs that room. This means on a 1k account for 5% of risk per trade the lotsize would be 0.0143 lots. But we need to keep in mind that the EA opens up to 4 trades at the same time what would result in an overall risk of 20%.

Therefore we decided to go with 0.01 lots per 1k which means a risk of 3.5% per trade.

 

In the meantime we will start an internal project to do some changes in the ea, make it ecn compatible and add correct money managment.

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