zoom2009 Posted July 20, 2009 Report Share Posted July 20, 2009 Re: DRAGONPIPS l think dragonpips not safe. ln backtest you can say it great so far. But some month it will dragdraw your 80% in port and some month lt will up your profit 200-500% AMAZING lt can make most profit that true But it have very large dragdraw This ea not safe Most profit but not steady sorry for my english :-S Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 20, 2009 Report Share Posted July 20, 2009 Re: DRAGONPIPS It should never get to 80% DD if you set your risk percentage correctly You can backtest this on EURCHF for the last two years and you will not blow your account, trust me, try it! People that open the trading window more than the 2 hours per day, set higher risk, set lots of max open trades will find this could blow your account, you need to set this up properly and conservatively Over the last six weeks, this has grown my account approx 20% per week I'm at a stage now that even if this was to blow 50% of my account, I would still be way up from my original account balance. Quote Link to comment Share on other sites More sharing options...
zoom2009 Posted July 20, 2009 Report Share Posted July 20, 2009 Re: DRAGONPIPS It should never get to 80% DD if you set your risk percentage correctly You can backtest this on EURCHF for the last two years and you will not blow your account, trust me, try it! People that open the trading window more than the 2 hours per day, set higher risk, set lots of max open trades will find this could blow your account, you need to set this up properly and conservatively Over the last six weeks, this has grown my account approx 20% per week I'm at a stage now that even if this was to blow 50% of my account, I would still be way up from my original account balance. @-) What version and setting ? @-) Thank you! Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 20, 2009 Report Share Posted July 20, 2009 Re: DRAGONPIPS only using V2 (as I cant get V3 to make trades for some strange reason) Broker: GoMarkets (GMT+2) Risk: 40% Pair: EURCHF only Trading time: 22.00-24.00 Max trades: 2 Spread max: 3 People have reported some losses over the last week or so, if you look at my weekly live statements (see prev posts) I have only seen 90%+ winners with small losses here and there. I use Megadroid as well but I have grown my live account from $487 to $1452 in six weeks with 12% max DD. I am sure I will see a big loss from either MD or dragonpips any day now but it have more than made up in profit what any loss would incur, plus as I have set I have extensively backtested these settings and MD's and they are profitable 100% of the time in the longterm Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 20, 2009 Report Share Posted July 20, 2009 Re: DRAGONPIPS I will continue to update my live account regulary on this forum so you can see all of the winners and losers. I would also encourage you to look at this blog, he has been testing Dragonpips for the last 13 weeks straight with consistant success http://www.blogcatalog.com/posts/dragonpips+ea/ Quote Link to comment Share on other sites More sharing options...
qingyang2005 Posted July 20, 2009 Report Share Posted July 20, 2009 Re: DRAGONPIPS v3 on liteforex make money continously today. Quote Link to comment Share on other sites More sharing options...
save2009 Posted July 20, 2009 Report Share Posted July 20, 2009 Re: DRAGONPIPS v3 on liteforex make money continously today. Which pairs? Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 20, 2009 Report Share Posted July 20, 2009 Re: DRAGONPIPS How? Dragonpips doesnt trade today (on Sundays) ?? Quote Link to comment Share on other sites More sharing options...
qingyang2005 Posted July 21, 2009 Report Share Posted July 21, 2009 Re: DRAGONPIPS backtest don't proof something. last night , all loss. Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 21, 2009 Report Share Posted July 21, 2009 Re: DRAGONPIPS I will update my account later tonight but again this week for me has been a profitable one Two small losers and six winners, account up another 8% in two days I am just not seeing these losers that other people have been reporting Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 22, 2009 Report Share Posted July 22, 2009 Re: DRAGONPIPS Updated statement, day two for this week, Dragonpips still overall profitable for this week http://www.4shared.com/file/119808016/4333cfe8/Account.html Quote Link to comment Share on other sites More sharing options...
olayiwola02 Posted July 22, 2009 Report Share Posted July 22, 2009 Re: DRAGONPIPS only using V2 (as I cant get V3 to make trades for some strange reason) Broker: GoMarkets (GMT+2) Risk: 40% Pair: EURCHF only Trading time: 22.00-24.00 Max trades: 2 Spread max: 3 People have reported some losses over the last week or so, if you look at my weekly live statements (see prev posts) I have only seen 90%+ winners with small losses here and there. I use Megadroid as well but I have grown my live account from $487 to $1452 in six weeks with 12% max DD. I am sure I will see a big loss from either MD or dragonpips any day now but it have more than made up in profit what any loss would incur, plus as I have set I have extensively backtested these settings and MD's and they are profitable 100% of the time in the longtermCAN YOU SHARE YOUR WORKING SETTINGS WITH ME FOR DRAGONPIPS Quote Link to comment Share on other sites More sharing options...
olayiwola02 Posted July 22, 2009 Report Share Posted July 22, 2009 Re: DRAGONPIPS Nice work Wirastomo :) thanks for your contributions,please can you share dragonpips settings for liteforex broker with me Quote Link to comment Share on other sites More sharing options...
save2009 Posted July 23, 2009 Report Share Posted July 23, 2009 Re: DRAGONPIPS :) :) :) Update result on mbtrading.com http://mbtradingdr.mt4live.com 8-) 8-) Quote Link to comment Share on other sites More sharing options...
zoom2009 Posted July 23, 2009 Report Share Posted July 23, 2009 Re: DRAGONPIPS Please give me backtest EUR/USD GBP/USD EUR/CHF EUR/GBP every year.? My port have money 1000$ What is best setting for alpari us ? Trade 4 pair is better than trade 1 pair yes or no? Please suggest me. Thank you very much Sorry for my english. Quote Link to comment Share on other sites More sharing options...
kavalius Posted July 23, 2009 Report Share Posted July 23, 2009 Re: DRAGONPIPS links are gone, can any one post new ones? Thank you :shand: Quote Link to comment Share on other sites More sharing options...
kavalius Posted July 23, 2009 Report Share Posted July 23, 2009 Re: DRAGONPIPS sorry my mistake its there :hammer: Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 23, 2009 Report Share Posted July 23, 2009 Re: DRAGONPIPS I'll try this weekend to do the backtests for the last two years I only use EURCHF Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 25, 2009 Report Share Posted July 25, 2009 Re: DRAGONPIPS My backtesting is looking horrible now, maybe because I am doing this over the weekend? The spreads must be affecting this Anyway, here are my total results for the last two weeks with Dragonpips I had a 2% loss in my account this week but that was due to some manual trades so for the purpose of this topic, I have just collected the dragonpips trades for you to look at. At the start of the first week I was using EURGBP and EURCHF but now I am just using EURCHF 40% risk, 2 max trades and 22-24 trading window with GoMarkets (GMT+2) I will probably lower the risk this week, problem is I am using my account with megadroid which trades around the same time and if MD has an open trade then Dragonpips severly reduces the lot size hence I keep the risk high, Default is 50% but if it hits the stop loss, it doesnt actually lose 50% of your account (more like about 10%) so I am not sure how this risk is calculated http://www.4shared.com/file/120454157/bf79e2ce/Dragonpips.html Quote Link to comment Share on other sites More sharing options...
zoom2009 Posted July 25, 2009 Report Share Posted July 25, 2009 Re: DRAGONPIPS My backtest Alpari us openhour 22 and closehour 24 l got best profit Anyone know how to setting openhour and closehour on live l know alpari is gmt +2 but how setting sorry for my english Thank you Quote Link to comment Share on other sites More sharing options...
amol123 Posted July 25, 2009 Report Share Posted July 25, 2009 Re: DRAGONPIPS very few experts work in all the market condition Quote Link to comment Share on other sites More sharing options...
gun_gun Posted July 25, 2009 Report Share Posted July 25, 2009 Re: DRAGONPIPS i'm starting using dragonpips in the next monday.. will report it in next week.. Quote Link to comment Share on other sites More sharing options...
mecman2 Posted July 25, 2009 Report Share Posted July 25, 2009 Re: DRAGONPIPS only using V2 (as I cant get V3 to make trades for some strange reason) Broker: GoMarkets (GMT+2) Risk: 40% Pair: EURCHF only Trading time: 22.00-24.00 Max trades: 2 Spread max: 3 People have reported some losses over the last week or so, if you look at my weekly live statements (see prev posts) I have only seen 90%+ winners with small losses here and there. I use Megadroid as well but I have grown my live account from $487 to $1452 in six weeks with 12% max DD. I am sure I will see a big loss from either MD or dragonpips any day now but it have more than made up in profit what any loss would incur, plus as I have set I have extensively backtested these settings and MD's and they are profitable 100% of the time in the longterm Guy,na wah o.Naija boyz dey every o.Where u dey,coz i dey kd.Omo make u holla. Quote Link to comment Share on other sites More sharing options...
sanyax Posted July 25, 2009 Report Share Posted July 25, 2009 Re: DRAGONPIPS hi are you using the orginal mega or crack..and which forex you are runing thx :)>- Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 25, 2009 Report Share Posted July 25, 2009 Re: DRAGONPIPS I am using megadroid pro (cracked version from this board-Thanks to Don for posting this), default settings on EURUSD, USDCHF and EURCHF. I will introduce GBPUSD this week so four pairs in total for MD and still just the one pair EURCHF for Dragonpips although I have reduced my risk to 35% this week. By forex do you mean broker? I use GoMarkets Quote Link to comment Share on other sites More sharing options...
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