Sepp Malec Posted September 19, 2013 Report Share Posted September 19, 2013 RIO: on a side note, PM XE2-2 just blew up one of my demo accounts yesterday with your default settings.. it made some big sell trades along side the 2 big jumps upwards, and ran out of equity to make buy trades, so now i can see what you meen when you say that one should take out initial deposit from a live account when its posible, to be able to start over... i think that it could have been saved if i had stoped the AV from making more trades :) Quote Link to comment Share on other sites More sharing options...
Rio Posted September 19, 2013 Report Share Posted September 19, 2013 It would be interesting if you could show me the trades it took, and how much equity and risk the pairs were using so we can analyse the problem. I am not running XE anymore and using Magelan v4 as you know. Brokers had a field day yesterday with Ben Bernanke opening his fat mouth again. Magelan knocked a few trades out of the park with the FOMC minutes and made a pile of money, but that trapped EU trade keeps getting heavier. Now there is a pending stop thrown on the chart in an attempt to hedge against it and close it out. Honestly I am not too worried. It is not eating up much more then 15% DD, and is actually eating into profit that the EA has made this month already anyway. Even if I closed the trade in negative manually my demo account would still be up 15% or so. As balance increases, the other pairs will start using heavier lots sizes and eventually the DD from this pair, if not closed out, will be a trivial compared to the balance. My greatest fear is if all three pairs end up with jammed trades as big as this one. Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 19, 2013 Report Share Posted September 19, 2013 It would be interesting if you could show me the trades it took, and how much equity and risk the pairs were using so we can analyse the problem. http://www.myfxbook.com/members/ZeppDK/pm-test/648985 Quote Link to comment Share on other sites More sharing options...
Rio Posted September 19, 2013 Report Share Posted September 19, 2013 Ouch.... maybe it was simply good luck that I stopped using XE this month? I think Pyramid 8 would have survived this though. I see from the data that the averaging got very unlucky in places. Some early averaging trades followed by move up in limited koefficient lock, then some heavy averaging trades followed by Bernanke's killing move that pushed it just over the edge. smurf43 1 Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 19, 2013 Report Share Posted September 19, 2013 I see from the data that the averaging got very unlucky in places. Some early averaging trades followed by move up in limited koefficient lock, then some heavy averaging trades followed by Bernanke's killing move that pushed it just over the edge. yeah, it was really unlucky placement, but as it was only a demo account i just let it run, to see if it would survive :) Quote Link to comment Share on other sites More sharing options...
Rio Posted September 20, 2013 Report Share Posted September 20, 2013 I'm going to do some more testing with Pyramid 8,and see if I can hack it a bit to make it more robust than XE2.2.... maybe do an XE 3 ;) I really want to have an EA that can survive just about anything thrown at it.... although my concerns with Pyramid 8 is that the profitability isn't all that much. The reason is because averaging trades do not get placed and hit as often, and the koef_lock never rises all that much to make lots of money. Thinking even further ahead, I think if I can hack the signalling system on it, and attempt to get it to make trades that I would take manually like Magelan does it could be really good. When it stuffs up, and hit's the "stop-loss", it will fall back to hedging to save the account. smurf43 1 Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 20, 2013 Report Share Posted September 20, 2013 (edited) I'm going to do some more testing with Pyramid 8,and see if I can hack it a bit to make it more robust than XE2.2.... maybe do an XE 3 ;) I really want to have an EA that can survive just about anything thrown at it.... although my concerns with Pyramid 8 is that the profitability isn't all that much. yes, but then again, what is best, to risk blowing up, or to make a smaller % of money... i would say less money & survive, or maybe, as you say, combine some of the magelan features into it Edited September 20, 2013 by Sepp Malec Quote Link to comment Share on other sites More sharing options...
lapa70 Posted September 20, 2013 Report Share Posted September 20, 2013 Hi Rio. So what should we do in the meantime? Continue using XE2.2 or replace it with Pyramid 8? Quote Link to comment Share on other sites More sharing options...
BurkhardWille Posted September 20, 2013 Report Share Posted September 20, 2013 Hi, can you give me a short note, where I can see the homepage of Magelan? Thx. Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 20, 2013 Report Share Posted September 20, 2013 Hi, can you give me a short note, where I can see the homepage of Magelan? Thx. its expensive, but so far its working great... http://expertforex.info/en/sovetnik_foreks_magelan.html BurkhardWille and cokhisaa 2 Quote Link to comment Share on other sites More sharing options...
energetic Posted September 20, 2013 Report Share Posted September 20, 2013 is it worthy to byit at $599. Anyone can share with us the live performance of this EA (i.e. on myfx book) Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 20, 2013 Report Share Posted September 20, 2013 is it worthy to byit at $599. Anyone can share with us the live performance of this EA (i.e. on myfx book) i have set custom analysis to only show the period where i have run this EA, as i tried "forexcombo" before Magelan, and that lost me some money. that has now been recovered. http://www.myfxbook.com/members/ZeppDK/technical-analysis/626707 so if it dosnt blow my account at some point, then i think its worth the 600 bucks taipan and pro 2 Quote Link to comment Share on other sites More sharing options...
energetic Posted September 20, 2013 Report Share Posted September 20, 2013 hi, Sepp Malec, Thanks for sharing. Is your xm account micro or classic? are u running default setting? Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 20, 2013 Report Share Posted September 20, 2013 hi, Sepp Malec, Thanks for sharing. Is your xm account micro or classic? are u running default setting? hi there, i use a standart account, i dont like the micro accounts way of using wrong lot sizes... and yes, im running in the 3 pairs that there was presets for, and only thing i changed was that i set at fixed lot size, because i got a deposit bonus from my broker, and it doesnt seem that the EA takes this into account when doing auto calculations.... Quote Link to comment Share on other sites More sharing options...
sammy Posted September 21, 2013 Report Share Posted September 21, 2013 v4 http://zalil.ru/34736077 peterke, k33, taipan and 1 other 4 Quote Link to comment Share on other sites More sharing options...
Rio Posted September 21, 2013 Report Share Posted September 21, 2013 (edited) So what should we do in the meantime? Continue using XE2.2 or replace it with Pyramid 8? Up to you. I guess for safety's sake, use Pyramid 8... although I haven't tested that educated code much, so I would advise demoing it. http://zalil.ru/34736077 It won't compile without warnings... check the code out, they coded it in such a way to break the decompiler. There's one line that's expecting a number and there's a date in there. Edited September 21, 2013 by Rio lapa70, Sepp Malec and cokhisaa 3 Quote Link to comment Share on other sites More sharing options...
pro Posted September 23, 2013 Report Share Posted September 23, 2013 i have set custom analysis to only show the period where i have run this EA, as i tried "forexcombo" before Magelan, and that lost me some money. that has now been recovered. http://www.myfxbook.com/members/ZeppDK/technical-analysis/626707 so if it dosnt blow my account at some point, then i think its worth the 600 bucks Why do you hide the open trades? Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 23, 2013 Report Share Posted September 23, 2013 Why do you hide the open trades? was that better? they are never hidden to me, so didnt notice :) pro 1 Quote Link to comment Share on other sites More sharing options...
qkhanh02 Posted September 23, 2013 Report Share Posted September 23, 2013 Hi Sepp, Did you close USD/CAD order manually? Mine still open Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 23, 2013 Report Share Posted September 23, 2013 Hi Sepp, Did you close USD/CAD order manually? Mine still open no, it closed while i was sleeping Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 23, 2013 Report Share Posted September 23, 2013 Hi Sepp, Did you close USD/CAD order manually? Mine still open did you also buy the real version, or did you try with the EDU with errors? Quote Link to comment Share on other sites More sharing options...
pro Posted September 23, 2013 Report Share Posted September 23, 2013 was that better? they are never hidden to me, so didnt notice :) Thank you. I don't understand how the equity graph shows 144%, while open positions in deep red with minus 485 pips.. :-O Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 23, 2013 Report Share Posted September 23, 2013 Thank you. I don't understand how the equity graph shows 144%, while open positions in deep red with minus 485 pips.. :-O thats because myfxbook dont add the 310$ i got in deposit bonus from my broker to account balance, but add it to equity.. so even if all trades are closed, my equity will show as larger than my account balance... pro 1 Quote Link to comment Share on other sites More sharing options...
qkhanh02 Posted September 23, 2013 Report Share Posted September 23, 2013 did you also buy the real version, or did you try with the EDU with errors? Hi Sepp, I bought it. Hope I will get back money soon. I dont have much money to trade... My USD/CAD order is still open. Quote Link to comment Share on other sites More sharing options...
Sepp Malec Posted September 23, 2013 Report Share Posted September 23, 2013 Hi Sepp, I bought it. Hope I will get back money soon. I dont have much money to trade... My USD/CAD order is still open. i have got a new usd/cad opened.. did you also load the preset for usd/cad? if so, then its getting really weird :) Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.