mopips

Thanks, but link is already dead. Got another link?

+1 for version 2. Thanks

5 pips? Very strange, as their web site says 20 pips TP / 80 pips SL.

What I would like to know is at what point that 50% drawdown happened. At $500 balance a 50% drawdown at .1 lots is understandable, but if that 50% drawdown happened at $10,000 balance at .1 lots, now that would be scary!

You're right. Looks like a real turd! :) All these scammers like to talk about their bots using harmonic resonance, pattern matching, neural nets, and artificial intelligence, but its all a bunch of BS. :(

Stormin_Norman, you might be right. Resonance pattern trading has proven to be a very successful strategy, but I find it strange they would use resonance pattern matching just to scalp 7 - 15 pips. So, they may be lying and selling just a simple scalper instead. I want to see a trading statement as looking at the actual trades would tell us if it's an asian scalper or not.

 

Here's the live results they post, but doesn't show any individual trades:

hxxp://www.myfxbook.com/members/BESTFXAutomation

hxxp://www.bestforexautomation.com/moreEA.html

 

Does anyone have any experience with this one? Test results on website look incredible! But, this is a very expensive bot. There's no way I would ever pay that much for a bot unless I could find solid proof that it's really as good as it looks. Please share anything you may have such as, information, test results, code, etc.

Anyone have this?

After doing some homework, Shark 6.0 is basically a modified version of MegaDroid v1.21 whereby most of MegaDroid functions is either simplified (no stealth mode) and then put into dll libraries

Doesn't this EA take a lot more trades than MD? It would be really interesting to compare statements between this and MD.

theozaki,

my friend just told me that he did not touch the Mt4 where Leo is running. It crashes without anything done - no checking of history, nothing at all.

They released a crap-account-copier.

It is almost unbelievable.

Hundreds of e-mails from affiliates, announcing the best thing ever , they have a support team, the manual was

poorly written so many users wrote to support for the simpliest questions because they "forgot" to write the answers into the manual .... and now people see that they obviously had not tested the account copier enough because

it is crashing everybody´s Mt4.

What a mess.

Yeah, they obviously spent a whole lot more time on marketing than they did on the copier and strategy!

Thinking about this some more... Is it supposed to be 1.5 hours before London open in London time? That would make more sense. That means it would trade at 5:30am GMT time (6:30am London time) during the summer and 6:30am GMT time (6:30am London time) during the winter.

I'm a little confused now with the time change. I understand this is supposed to start 1.5 hours before London open. According to internet, London open is at 8:00am GMT. So, 1.5 hours earlier is 6:30am GMT. So, I would think it should start at 6:30am GMT all year around since GMT doesn't change due to DST, right? But, I had heard it was supposed to start at 6:30am London time which was 5:30am GMT before the time change. That would be 2.5hrs before London open GMT. Now with the time change London time is the same as GMT, but London open is still at 8:00am GMT? That means the strategy starts 2.5 hrs before London open (GMT) all year around?

There is one major diff. in your tests besides the start hour (lol)

 

halcyonn

PercentageofEquityRisked=100;

 

mopips

PercentageofEquityRisked=10;

 

 

Perhaps that is what makes it or breaks it?

True, but we both have money management turned off on our backtests, so risk is irrelevent in this case. And if I try to backtest with money management turned on, it produces tons of ordersend errors and doesn't take trades.

could it be the deposit?

 

mopips=10k

halcyonn=100k

 

No, when I run the test with 100k, starting from Jan 2008, it runs the whole 100k down to almost zero as well.

test runs through the infamous year 2008.right from January till today.

 

Strategy Tester Report

MRN Bot - Advanced Edition

FXOpen-ECN Demo Server (Build 225)

 

Symbol USDCHF (US Dollar vs Swiss Franc)

Period 15 Minutes (M15) 2008.01.02 10:00 - 2010.10.26 23:45 (2008.01.01 - 2010.10.27)

Model Every tick (the most precise method based on all available least timeframes)

Parameters Welcom="-----MRN Bot Advanced Edition-----"; TPSL="-----TakeProfit/StopLoss-----"; TakeProfit=11; StopLoss=50; FiveDigitBroker=true; SpreadControl="----------Spread Control----------"; MaximumSpread=11; MoneyManagement="----------Money Management----------"; MinimumLotSize=300; UseMoneyManagement=false; PercentageofEquityRisked=100; TimeManagement="----------TimeManagement (GMT)----------"; StartTradeHour=23; StartTradeMinute=40; StopTradeHour=1; StopTradeMinute=0; TradeOnMonday=true; TradeOnFriday=true; MagicNumber=5654323;

 

Bars in test 64583 Ticks modelled 19404098 Modelling quality 90.00%

Mismatched charts errors 0

 

Initial deposit 100000.00

Total net profit 3456955.56 Gross profit 5357103.10 Gross loss -1900147.54

Profit factor 2.82 Expected payoff 4278.41

Absolute drawdown 27262.52 Maximal drawdown 269415.68 (18.65%) Relative drawdown 56.77% (95514.46)

 

Total trades 808 Short positions (won %) 459 (88.67%) Long positions (won %) 349 (91.98%)

Profit trades (% of total) 728 (90.10%) Loss trades (% of total) 80 (9.90%)

Largest profit trade 25728.75 loss trade -50563.90

Average profit trade 7358.66 loss trade -23751.84

Maximum consecutive wins (profit in money) 86 (693889.29) consecutive losses (loss in money) 6 (-235368.46)

Maximal consecutive profit (count of wins) 693889.29 (86) consecutive loss (count of losses) -235368.46 (6)

Average consecutive wins 20 consecutive losses 2

 

Here's my test. I noticed you changed the start and stop times as well as the tp and sl, so I set mine exactly the same as yours for a true apples to apples comparison. Still can't figure out how all of yours are extremely profitable and all of mine are extremely unprofitable?

 

Symbol USDCHF (US Dollar vs Swiss Franc)

Period 15 Minutes (M15) 2008.01.02 09:00 - 2010.10.28 23:45 (2008.01.01 - 2010.10.29)

Model Every tick (the most precise method based on all available least timeframes)

Parameters Welcom="-----MRN Bot Advanced Edition-----"; TPSL="-----TakeProfit/StopLoss-----"; TakeProfit=11; StopLoss=50; FiveDigitBroker=true; SpreadControl="----------Spread Control----------"; MaximumSpread=11; MoneyManagement="----------Money Management----------"; MinimumLotSize=1; UseMoneyManagement=false; PercentageofEquityRisked=10; TimeManagement="----------TimeManagement (GMT)----------"; StartTradeHour=23; StartTradeMinute=40; StopTradeHour=1; StopTradeMinute=0; TradeOnMonday=true; TradeOnFriday=true; MagicNumber=5654323;

Bars in test 64740 Ticks modelled 20015740 Modelling quality 90.00%

Mismatched charts errors 0

Initial deposit 10000.00

Total net profit -4929.95 Gross profit 46703.14 Gross loss -51633.09

Profit factor 0.90 Expected payoff -5.80

Absolute drawdown 6093.95

Maximal drawdown 10677.11 (73.22%)

Relative drawdown 73.22% (10677.11)

Total trades 850 Short positions (won %) 513 (75.05%) Long positions (won %) 337 (78.93%)

Profit trades (% of total) 651 (76.59%) Loss trades (% of total) 199 (23.41%)

Largest profit trade 231.39 loss trade -525.15

Average profit trade 71.74 loss trade -259.46

Maximum consecutive wins (profit in money) 41 (3704.28)

consecutive losses (loss in money) 9 (-1786.89)

Maximal consecutive profit (count of wins) 3704.28 (41)

consecutive loss (count of losses) -2671.25 (6)

Average consecutive wins 8 consecutive losses 2

And I get identical results with Advanced. It takes a 10K account and runs it down to $1497 when started Jan 1, 2010. This is with spread = 3.5:

 

Symbol USDCHF (US Dollar vs Swiss Franc)

Period 15 Minutes (M15) 2010.01.04 00:00 - 2010.10.28 23:45 (2010.01.01 - 2010.10.29)

Model Every tick (the most precise method based on all available least timeframes)

Parameters Welcom="-----MRN Bot Advanced Edition-----"; TPSL="-----TakeProfit/StopLoss-----"; TakeProfit=11; StopLoss=50; FiveDigitBroker=true; SpreadControl="----------Spread Control----------"; MaximumSpread=11; MoneyManagement="----------Money Management----------"; MinimumLotSize=1; UseMoneyManagement=false; PercentageofEquityRisked=10; TimeManagement="----------TimeManagement (GMT)----------"; StartTradeHour=23; StartTradeMinute=28; StopTradeHour=1; StopTradeMinute=44; TradeOnMonday=true; TradeOnFriday=true; MagicNumber=5654323;

Bars in test 21325 Ticks modelled 15424674 Modelling quality 90.00%

Mismatched charts errors 0

Initial deposit 10000.00

Total net profit -8502.30 Gross profit 6925.14 Gross loss -15427.44

Profit factor 0.45 Expected payoff -45.23

Absolute drawdown 8502.30

Maximal drawdown 9425.82 (86.29%)

Relative drawdown 86.29% (9425.82)

Total trades 188

Short positions (won %) 119 (60.50%)

Long positions (won %) 69 (75.36%)

Profit trades (% of total) 124 (65.96%)

Loss trades (% of total) 64 (34.04%)

Here's what I get with standard. It takes a 10K account and runs it down to $1497 when started Jan 1, 2010. This is with spread = 3.5:

 

Symbol USDCHF (US Dollar vs Swiss Franc)

Period 15 Minutes (M15) 2010.01.04 00:00 - 2010.10.28 23:45 (2010.01.01 - 2010.10.29)

Model Every tick (the most precise method based on all available least timeframes)

Parameters Welcom="-----MRN Bot Standard Edition-----"; TPSL="-----TakeProfit/StopLoss-----"; TakeProfit=11; StopLoss=50; FiveDigitBroker=true; SpreadControl="----------Spread Control----------"; MaximumSpread=11; MoneyManagement="----------Money Management----------"; MinimumLotSize=1; UseMoneyManagement=false; PercentageofEquityRisked=10; MagicNumber=516523;

Bars in test 21325 Ticks modelled 15424674 Modelling quality 90.00%

Mismatched charts errors 0

Initial deposit 10000.00

Total net profit -8502.30 Gross profit 6925.14 Gross loss -15427.44

Profit factor 0.45 Expected payoff -45.23

Absolute drawdown 8502.30

Maximal drawdown 9425.82 (86.29%)

Relative drawdown 86.29% (9425.82)

Total trades 188

Short positions (won %) 119 (60.50%)

Long positions (won %) 69 (75.36%)

Profit trades (% of total) 124 (65.96%)

Loss trades (% of total) 64 (34.04%)

halcyonn, one thing that would be helpful is to know what the spread was when you ran each backtest. As most of us and you probably know, the MT4 backtester uses whatever the current spread is at the time the backtest starts for the whole test. This can be an issue when testing an asian scalper like this as spreads are often quite a bit higher during the asian session as liquidity is much lower. I run my backtests with MT4 offline so I have a fixed consistent spread for my backtests. I try to use a spread that is as close as possible to the average spread during the asian session. Now, this doesn't mean my backtests are better than yours as they may not be, but it would be good to know the spread for each backtest so we can compare apples to apples. I'm not sure if spread is the difference between your tests being profitable and mine being unprofitable, but it's something to consider.

Wow! I don't understand why your backtests are so different than mine. I'm going to have to do more backtesting to see if I can figure out how to get profitable results like you did. Thanks for sharing your tests.

well,i have posted a reasonably good backtest.i think its a good ea.if you need better modelling quality kindly run a backtest ...my tools are not optimal for high modelling quality...sometimes though i get better modelling quality by accident.

I ran the same test as you plus several other years with normal and advanced versions with 90% modeling quality and could not get it to be profitable. I would be interested to see what your back test looks like at 90% quality to see if it is similar to mine.

I can't seem to get either standard or advanced version to be profitable in backtesting. Anyone else able to get profitable backtests?

Looks like link above is advanced version. And here's the standard version link:

hxxp://mrnbot.mqldevteam.com/traders/files/MRNBot.zip

Here it is in English:

http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&layout=1&eotf=1&u=http://electro-barsik.moy.su/&sl=auto&tl=en

Looks like they want $1,000 for it. The statement shows 650% profit in 1 week! Pretty hard to believe. I would sure love to test it though.

Never mind. Found it:

hxxp://www.4shared.com/file/i2VeUZ92/captura_EURUSD.html

Link to download captura doesn't work anymore. Can ne1 post a link?