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From the 12th of May,

GBPJPY = 5 operations.

-2 = -111 -172 = -283 Pips

+3 = +162 +122 +184 = + 468 Pips

Total = + 185 Pips

 

GBPUSD

-1 = - 33 Pips

+4 = +183 +33 +101 +136 = +453 Pips

Total = +423 Pips

 

Summary Total = +608 Pips

 

I just put it in a real account, and I reliza a payment to the developer;

I think it's worth.

 

The loss ratio gain I think this well, live scores, are similar to those obtained in backtesting,

Edited by scorpion
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From the 12th of May,

GBPJPY = 5 operations.

-2 = -111 -172 = -183 Pips

+3 = +162 +122 +184 = + 468 Pips

Total = + 285 Pips

 

GBPUSD

-1 = - 33 Pips

+4 = +183 +33 +101 +136 = +453 Pips

Total = +423 Pips

 

Summary Total = +708 Pips

 

I just put it in a real account, and I reliza a payment to the developer;

I think it's worth.

 

The loss ratio gain I think this well, live scores, are similar to those obtained in backtesting,

 

hi, care to share which platform you tested on? Thanks.

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For your info these are my results on a demo account at E-Global:

 

GBP/JPY GBP/USD

 

5-12 -110.94 5-12 +30.00

-175.25

 

5-13 +163.92 5-13 -33.00

+74.79 +34.00

+30.00

5-14 +32.44

+186.74

 

5-18 -132.07 5-17 +136.00

 

5-19 -205.62 5-18 -97.00

+30.00

 

TOTAL -165.99 +130.00

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I've done a few back-tests that have been OK-ish although pre 2009 was rough going.

I must say that not including money management is pretty ordinary and makes it very difficult to do meaningful back-test as the relative draw-down is skewed.

I don't suppose a coder could add some MM so that it calculates the risk per trade is based on the S.L. (eg 1% risk on 10k accnt 100pip S.L. = 0.1 lot size, 50pip S.L. = 0.2 lot size)

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Sorry, my previous post made little sense because I created it in two columns and that obviously doesn't work:

Here it is again hopefully in a more understandable form.

 

GBP/JPY

 

5-12 -110.94, -175.25

5-13 +163.92, +74.79

5-14 +32.44, +186.74

5-18 -132.07

5-19 -205.62

 

TOTAL: -165.99

 

GBP/USD

 

5-12 +30.00

5-13 -33.00, +34.00, +30.00

5-17 +136.00

5-18 -97.00, +30.00

 

TOTAL: +130.00

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I tried this out on backtest also, it was ok, but not great. About 12% a year.

Terrible when you consider the risks involved.

 

Hummmm, no tengo los mismos resultados que usted,

 

GBPUSD

01/01/2009 a 31/12/209

Total Profit = 48%

Maximal DD = 10,40%

 

01/01/2010 a 19/05/2010

Total Profit = 21%

Max DD = 3,20%

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Here you go fellas, I added Money Management to Forex Maximizer:

------------------------------------------------

http://www.multiupload.com/I202U1KTQ1

------------------------------------------------

I backtested it on FXOpen and the MM seems to be working well, although I don't think the EA is very profitable.

 

I'm still learning how to program, so it would be cool if a pro could comment on the code I added, if it's alright.

This is what I added inside the function start():

 

if (Micro_Lots == TRUE) Lots_Digits = 2; else Lots_Digits = 1;

if (MM) lots = NormalizeDouble(AccountBalance() * MM_risk / 220 / 1000, Lots_Digits); else lots = LotSize;

 

I initialized of course the variables Micro_Lots, Lots_Digits, MM_risk and lots, in the beginning. Lotsize was the only one that was already there.

 

It should support microlots and for the calculation, I used a risk of 220 pips. I couldn't find the stoploss in the code, as it is dependent on the variable ad_8, whose value seems to be hidden inside the DLL, so I put a historical stoploss by backtesting it with fixed lotsize from 01.01.2008 until today, and then I did an average of the 5 worse trades {236, 225, 220, 212, 209}, which is 220.

 

I reckon it might have been better using a function to calculate it instead of putting those two lines inside start(), but I guess it makes no difference.

 

Any feedback?

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The advanced version that trades GBPJPY pair is causing the draw down. The GBPUSD pair is still profitable and this morning, it managed to capture the small rally of GBPUSD.

I forward the result to the developer yesterday and they approved the refunded for the advanced version almost within the same day. I have no doubts on their creditability. Hope GBPUSD will continue to be profitable.

 

Date (As at)*** 20100520 20100524 20100526

 

1. GBPUSD *** $194.60 $82.30 $232.90

 

2. GBPJPY *** $(21.28) $(48.01) $(68.50)

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