[SHARE]MoneyM@ker

[iwjw]

Hi traders,

don't know whether this one was already shared/discussed here, but simple search didn't come up with this EA.

It's for eurusd M5 only

Trading europe/ny session so you have to adjust the GMT offset (but it's not a scalper)

BT 2009 and beyond looks promising although I have to say that my history data is really crap.

Maybe someone can run it on tickdata (think Stormin can do so)

I've educated the EA so that it doesn't expire and should run on real accounts also

 

Here's the (english translation) of the website:

http://translate.google.de/translate?js=n&prev=_t&hl=de&ie=UTF-8&layout=2&eotf=1&sl=de&tl=en&u=http%3A%2F%2Fwww.mtradertools.com%2Fcatalog%2Fproduct_info.php%3Fproducts_id%3D34%26osCsid%3D9gavake1rk04jr5676ej7f2ii6&act=url

 

and here the download:

http://www.4shared.com/file/fg8LJArH/MM_2.html

 

 

have fun...

[Jarora]

Backtest is very good but will work to live account and will be profitable?

 

Low Risk

 

Moneymaker5M_2.0m_Demo

AlpariUK-Demo (Build 229)

 

Symbol EURUSD (Euro vs US Dollar)

Period 5 Minutes (M5) 2010.01.04 00:00 - 2011.02.14 23:55 (2010.01.01 - 2011.02.15)

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

Parameters Lots=0.01; MiniLots=true; OptimizeLots=true; MaximumRisk=1; StopLoss=24; gmt=2; MaxLosses=5; Lots_MaxLoss=0.02; MaxTrades=9099; hStart=8; hStopp=22; TakeProfit=35; MAGB=20090402;

Bars in test 63598 Ticks modelled 9198285 Modelling quality 90.00%

Mismatched charts errors 44

Initial deposit 5000.00

Total net profit 13218.39 Gross profit 24336.12 Gross loss -11117.72

Profit factor 2.19 Expected payoff 37.03

Absolute drawdown 58.17 Maximal drawdown 977.91 (6.14%) Relative drawdown 6.14% (977.91)

Total trades 357 Short positions (won %) 181 (63.54%) Long positions (won %) 176 (64.77%)

Profit trades (% of total) 229 (64.15%) Loss trades (% of total) 128 (35.85%)

Largest profit trade 275.31 loss trade -184.80

Average profit trade 106.27 loss trade -86.86

Maximum consecutive wins (profit in money) 11 (1200.79) consecutive losses (loss in money) 5 (-777.60)

Maximal consecutive profit (count of wins) 1550.15 (7) consecutive loss (count of losses) -777.60 (5)

Average consecutive wins 3 consecutive losses 2

Edited February 15, 2011 by Jarora

[Jarora]

Medium Risk

 

Moneymaker5M_2.0m_Demo

AlpariUK-Demo (Build 229)

 

Symbol EURUSD (Euro vs US Dollar)

Period 5 Minutes (M5) 2010.01.04 00:00 - 2011.02.14 23:55 (2010.01.01 - 2011.02.15)

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

Parameters Lots=0.01; MiniLots=true; OptimizeLots=true; MaximumRisk=3; StopLoss=24; gmt=2; MaxLosses=5; Lots_MaxLoss=0.02; MaxTrades=9099; hStart=8; hStopp=22; TakeProfit=35; MAGB=20090402;

Bars in test 63598 Ticks modelled 9198285 Modelling quality 90.00%

Mismatched charts errors 44

Initial deposit 5000.00

Total net profit 235216.47 Gross profit 451027.68 Gross loss -215811.21

Profit factor 2.09 Expected payoff 658.87

Absolute drawdown 146.13 Maximal drawdown 31298.68 (13.08%) Relative drawdown 17.55% (28256.78)

Total trades 357 Short positions (won %) 181 (63.54%) Long positions (won %) 176 (65.34%)

Profit trades (% of total) 230 (64.43%) Loss trades (% of total) 127 (35.57%)

Largest profit trade 10187.80 loss trade -7632.00

Average profit trade 1960.99 loss trade -1699.30

Maximum consecutive wins (profit in money) 11 (15028.88) consecutive losses (loss in money) 5 (-22476.00)

Maximal consecutive profit (count of wins) 54930.34 (7) consecutive loss (count of losses) -23536.80 (4)

Average consecutive wins 3 consecutive losses 2

[pro]

EA seems extremely curve fitted, BT looks lausy before 2009..

[Jarora]

Max Risk

 

Moneymaker5M_2.0m_Demo

AlpariUK-Demo (Build 229)

 

Symbol EURUSD (Euro vs US Dollar)

Period 5 Minutes (M5) 2010.01.04 00:00 - 2011.02.14 23:55 (2010.01.01 - 2011.02.15)

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

Parameters Lots=0.01; MiniLots=true; OptimizeLots=true; MaximumRisk=5; StopLoss=24; gmt=2; MaxLosses=5; Lots_MaxLoss=0.02; MaxTrades=9099; hStart=8; hStopp=22; TakeProfit=35; MAGB=20090402;

Bars in test 63598 Ticks modelled 9198285 Modelling quality 90.00%

Mismatched charts errors 44

Initial deposit 5000.00

Total net profit 2132490.36 Gross profit 4473234.64 Gross loss -2340744.28

Profit factor 1.91 Expected payoff 5990.14

Absolute drawdown 287.22 Maximal drawdown 455886.17 (20.94%) Relative drawdown 27.73% (324006.96)

Total trades 356 Short positions (won %) 181 (62.43%) Long positions (won %) 175 (64.57%)

Profit trades (% of total) 226 (63.48%) Loss trades (% of total) 130 (36.52%)

Largest profit trade 145632.97 loss trade -117969.60

Average profit trade 19793.07 loss trade -18005.73

Maximum consecutive wins (profit in money) 11 (79745.79) consecutive losses (loss in money) 5 (-259389.60)

Maximal consecutive profit (count of wins) 736713.83 (7) consecutive loss (count of losses) -341971.20 (4)

Average consecutive wins 3 consecutive losses 2

[iwjw]

EA seems extremely curve fitted, BT looks lausy before 2009..

 

after looking at the code that's what I'm thinking, too

 

from the vendor's website:

The Money Maker is constantly evolving, any false trade is carefully analyzed and improved the program. Subscribers will receive all of the Moneymaker 2 weeks from Sunday evening 22 clock the latest version via email attachment.

Edited February 15, 2011 by iwjw

[canfx]

this is a full verison? because file name Moneymaker5M_2.0m_Demo oww sorry l didnt see ''I've educated the EA so that it doesn't expire and should run on real accounts also'' thank you for sharing Edited February 15, 2011 by canfx

[Jarora]

Backtest 10 years

Low Risk

Moneymaker5M_2.0m_Demo

AlpariUK-Demo (Build 229)

 

Symbol EURUSD (Euro vs US Dollar)

Period 5 Minutes (M5) 2000.01.03 00:00 - 2011.02.14 23:55 (2000.01.01 - 2011.02.15)

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

Parameters Lots=0.01; MiniLots=true; OptimizeLots=true; MaximumRisk=1; StopLoss=24; gmt=2; MaxLosses=5; Lots_MaxLoss=0.02; MaxTrades=9099; hStart=8; hStopp=22; TakeProfit=35; MAGB=20090402;

Bars in test 805434 Ticks modelled 43213131 Modelling quality 90.00%

Mismatched charts errors 44

Initial deposit 5000.00

Total net profit 52611.94 Gross profit 146847.93 Gross loss -94235.98

Profit factor 1.56 Expected payoff 15.13

Absolute drawdown 2777.61 Maximal drawdown 3305.74 (59.80%) Relative drawdown 59.80% (3305.74)

Total trades 3477 Short positions (won %) 1772 (52.26%) Long positions (won %) 1705 (51.03%)

Profit trades (% of total) 1796 (51.65%) Loss trades (% of total) 1681 (48.35%)

Largest profit trade 802.90 loss trade -580.80

Average profit trade 81.76 loss trade -56.06

Maximum consecutive wins (profit in money) 12 (384.65) consecutive losses (loss in money) 10 (-151.79)

Maximal consecutive profit (count of wins) 4468.88 (11) consecutive loss (count of losses) -1104.00 (3)

Average consecutive wins 2 consecutive losses 2

 

http://www.multiupload.com/7LYI0VF0G8

Edited February 15, 2011 by Jarora

[⭐ fxknight]

Agreed. This developer threw everything but the kitchen sink at the logic and curve fitted it to the max. I would not recommend it since even with the optimization current it will fall pray to the ever changing market conditions.

 

Cheers

[insider007]

if someone can backtest this ea on Ducascopy with the 99% modeling quality, that will be great to compare the result.

[Jarora]

Backtest 10 years

Low Risk

0-24h

 

Moneymaker5M_2.0m_Demo

AlpariUK-Demo (Build 229)

 

Symbol EURUSD (Euro vs US Dollar)

Period 5 Minutes (M5) 2000.01.03 00:00 - 2011.02.14 23:55 (2000.01.01 - 2011.02.15)

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

Parameters Lots=0.01; MiniLots=true; OptimizeLots=true; MaximumRisk=1; StopLoss=24; gmt=2; MaxLosses=5; Lots_MaxLoss=0.02; MaxTrades=9099; hStart=0; hStopp=24; TakeProfit=35; MAGB=20090402;

Bars in test 805434 Ticks modelled 43213131 Modelling quality 90.00%

Mismatched charts errors 44

Initial deposit 5000.00

Total net profit 64523.50 Gross profit 205663.51 Gross loss -141140.01

Profit factor 1.46 Expected payoff 14.34

Absolute drawdown 2588.14 Maximal drawdown 3360.82 (58.22%) Relative drawdown 58.22% (3360.82)

Total trades 4500 Short positions (won %) 2289 (51.86%) Long positions (won %) 2211 (51.11%)

Profit trades (% of total) 2317 (51.49%) Loss trades (% of total) 2183 (48.51%)

Largest profit trade 996.36 loss trade -703.20

Average profit trade 88.76 loss trade -64.65

Maximum consecutive wins (profit in money) 11 (406.43) consecutive losses (loss in money) 11 (-258.37)

Maximal consecutive profit (count of wins) 3708.61 (7) consecutive loss (count of losses) -1872.00 (4)

Average consecutive wins 2 consecutive losses 2

 

http://www.multiupload.com/F2EDTZG61I

[rmitsos]

I'm forward testing this EA since yesterday but I still didn't have any trades. I'll post any results i will get from my account.

I've contacted also the developer for asking some information (strategy, entry point, etc). It seems like this is a pretty new job and still haven't setup their english website. The payment can be done with paypal but they pffer no refund or clickbank like service.

[rmitsos]

I just got their reply. That's a "laconic" answer though (as we say in Greece...)

 

Good morning,

the entry trigger is a crossing of several MAs, it is no martingale.

You get support to instal it correct.

Regards

Heiko Kendziora

[halcyonn]

first two trades on demo losses.sells of eurusd in rising market today.stops were about 25/30 pips each time.

 

will update on more of it as i see more trades.

[rmitsos]

3 trades: The first one was really unexpected, it placed a sell order when market was already at the bottom. The 2nd although came in profit, it exceeded the TP which was at 35 pips but it didn't close. It closed after 0,5 hour after going up to 70 pips and then again down to 31.

 

Symbol Lots Buy/sell Open price Close price Pips Profit

EURUSD 0.2 Sell 13.486 1.351 -24 -48

EURUSD 0.2 Buy 13.514 13.545 31 62

EURUSD 0.2 Buy 13.549 13.567 18 36

[proprietario]

Good morning, I put in this demo expert for a few days

but to date have not been made operational.

Could you tell me where I can find a working version?

the backtest is very positive.

 

Thanks

[jtaka]

Hi traders,

don't know whether this one was already shared/discussed here, but simple search didn't come up with this EA.

It's for eurusd M5 only

Trading europe/ny session so you have to adjust the GMT offset (but it's not a scalper)

BT 2009 and beyond looks promising although I have to say that my history data is really crap.

Maybe someone can run it on tickdata (think Stormin can do so)

I've educated the EA so that it doesn't expire and should run on real accounts also

 

Here's the (english translation) of the website:

http://translate.google.de/translate?js=n&prev=_t&hl=de&ie=UTF-8&layout=2&eotf=1&sl=de&tl=en&u=http%3A%2F%2Fwww.mtradertools.com%2Fcatalog%2Fproduct_info.php%3Fproducts_id%3D34%26osCsid%3D9gavake1rk04jr5676ej7f2ii6&act=url

 

and here the download:

http://www.4shared.com/file/fg8LJArH/MM_2.html

 

 

have fun...

 

The download link is invalid.

Please reupload.

[iwjw]

The download link is invalid.

Please reupload.

 

Link still working...maybe temp problem with 4shared

[jtaka]

Hello jtaka-san :D

http://www.multiupload.com/6EA5VYPRSS

 

Hi, t2g-san. Thank you!

[jtaka]

Link still working...maybe temp problem with 4shared

 

I confirmed the link still works now.

[proprietario]

I'm sorry but this EA don't work! I don't know wich is the problem.

 

0 trades

[iwjw]

I'm sorry but this EA don't work! I don't know wich is the problem.

 

0 trades

 

run a backtest on same account as your forward test

then you can see whether the EA should have made a trade

as for today, there were 4 trades in BT

[Guest maskumareshraja]

In backtest it get less profit only. Give what are the best settings.

[Ferenc86]

Hi, My backtest is vedy good, but I can see on real was open trade only rare. On backtest was 15 trades in 2 last week, and in live account only was 7-8 trades... why? My another account even less. Why does he not do all of them? My spread is fix. Or is this scam?

[proprietario]

I did the backtest, yesterday for example, has made two

operations at 17:15 and 19:20. In real but was not

Open any action.

 

It is not that maybe it is a system that can not

work together with other expert?