I have commenced a new test today. Mafix, from http://fx-emit.com/.
Follow the progress on my Active Tests page above.
New Test: Mafix
Dec 6
Passed Demo Test:
M5G Cyborg 10TP 40SL 8% Risk.
I expect to be going live in the near future, (maybe after Xmas), and lower the risk to 4% for a few weeks until I am confident.
Failed Demo Test:
Carry 2
This failure was purely down to lot size vs. account equity. Carry 1 is still trading beautifully. I am very happy with methodology, I just now need to find the right ratio of lot size to account level.
Watch list for new demo’s:
http://www.4xproject.com/robot/review/equity-builder/
http://www.4xproject.com/robot/review/no-loss-robot/
http://www.4xproject.com/robot/review/forex-godfather/
http://www.4xproject.com/robot/review/forex-nightfox/
In:
M5G Cyborg – I received some updated settings with a lower Risk Reward ratio or 4.5:1. I am going to test these in addition to the existing tests I have running. They have also included the USD/JPY. I will update my active test page shortly to reflect this
Carry 2 – Essentially the same carry trade I am running now but on the GBP/JPY. I am running it on a smaller account which is amplifies the risk but I need to see how it behaves as I will only be going live with ~$500 if the time comes.
Out:
PointBreak 5 – Just not really doing it for me. A lot of risk for comparatively little reward on Risk setting 5.
Chaos – I was ready to go live with this and then it blew up. I am glad this testing procedure is now in place. I just saved myself $500 potentially. Further, it gives me more confidence in those that make it through.
Zig Zag – Essentially failed the same time chaos did with big moves in the AUD that didn’t retrace. Despite attempting to hedge open losses it unfortunately blew up and I am passing on future tests with this strategy.
Apologies for the long overdue update. The updates have been sparse largely because everything is going to plan and I haven’t needed to change much.
That said, a few tests have reached critical turning points.
Zig Zag – I did have to restart this but none the less, the current volatility has brought it undone. At this point I am not pursuing this strategy any further.
Chaos – Progressing well. It has double the account and although under a large draw down right now, I feel I can use tactics to manage it so I am putting this into Stage 4 (Small $ live test). I will commence this over the next week I suspect once my account is funded. I will reduce the risk and not trade all 17 pairs at first until I can build up ~50% equity growth and then scale in up from there.
Carry trade – testing very well. This one looks promising. As I’ve watched it over the last few months I am more comfortable with its logic and feel like it would deal with both volatile and calm markets very well.
PointBreak 5 – Testing is largley wasted. It has proven to me that it a lot of risk for comparatively little reward. I will cancel the test when I need the server space and not pursue it any further.
Robominer II – Profitable, but a slow burner. I have increased the lot size by a factor of 3 to see what impact it has. It is working as designed.
M5G Cyborg – a bit of volatility in the equity curves of late but still profitable. The 10TP/40SL has double the account but I will wait another month or two to see how it performs before going live. The default one is also working as designed. The vendor recommends turning it off on high volatility days which I have NOT done. This may be impacting any comparison between the same test on other websites.
Watching Update
Forex Cyclone – Very Promising. Back test well and forward tests in line with back test. 4xproject have ceased the demo and moved to live so I can’t track it any more. I am relying on the FPA test now to see it double before I buy it. It doesn’t look over engineered which is comforting.
http://www.forexpeacearmy.com/metatrader_expert_advisor/forex_cyclone/demo
http://www.4xproject.com/statements/cyclone/statement.htm
EB Turbo – Only focused on EURUSD. Although available for other pairs, back test history is not very reliable.
http://www.4xproject.com/robot/review/eb-turbo/
http://www.eb-turbo.com/StrategyTester%20fx%20clearing%202007%202009.htm
Forex Bling – a combination of a number of EA’s from the maker of PointBreak 5.
http://www.4xproject.com/robot/review/forex-bling/
http://forexbreakthrough.com/performance-review/forex-bling-ea-review/
http://forexbreakthrough.com/development/forex-bling-backtesting-results/
http://forexbreakthrough.com/development/forex-bling-brokers-test-results/
Apologies for the long overdue update. The updates have been sparse largely because everything is going to plan and I haven’t needed to change much.
That said, a few tests have reached critical turning points.
Zig Zag – I did have to restart this but none the less, the current volatility has brought it undone. At this point I am not pursuing this strategy any further.
Chaos – Progressing well. It has double the account and although under a large draw down right now, I feel I can use tactics to manage it so I am putting this into Stage 4 (Small $ live test). I will commence this over the next week I suspect once my account is funded. I will reduce the risk and not trade all 17 pairs at first until I can build up ~50% equity growth and then scale in up from there.
Carry trade – testing very well. This one looks promising. As I’ve watched it over the last few months I am more comfortable with its logic and feel like it would deal with both volatile and calm markets very well.
PointBreak 5 – Testing is largely wasted. It has proven to me that it a lot of risk for comparatively little reward. I will cancel the test when I need the server space and not pursue it any further.
Robominer II – Profitable, but a slow burner. I have increased the lot size by a factor of 3 to see what impact it has. It is working as designed.
M5G Cyborg – a bit of volatility in the equity curves of late but still profitable. The 10TP/40SL has double the account but I will wait another month or two to see how it performs before going live. The default one is also working as designed. The vendor recommends turning it off on high volatility days which I have NOT done. This may be impacting any comparison between the same test on other websites.
Watching Update
Forex Cyclone – Very Promising. Back test well and forward tests in line with back test. 4xproject have ceased the demo and moved to live so I can’t track it any more. I am relying on the FPA test now to see it double before I buy it. It doesn’t look over engineered which is comforting.
http://www.forexpeacearmy.com/metatrader_expert_advisor/forex_cyclone/demo
http://www.4xproject.com/statements/cyclone/statement.htm
EB Turbo – Only focused on EURUSD. Although available for other pairs, back test history is not very reliable.
http://www.4xproject.com/robot/review/eb-turbo/
http://www.eb-turbo.com/StrategyTester%20fx%20clearing%202007%202009.htm
Forex Bling – a combination of a number of EA’s from the maker of PointBreak 5.
http://www.4xproject.com/robot/review/forex-bling/
http://forexbreakthrough.com/performance-review/forex-bling-ea-review/
http://forexbreakthrough.com/development/forex-bling-backtesting-results/
http://forexbreakthrough.com/development/forex-bling-brokers-test-results/
See my active test page.
VForce wasn’t doing anything much so have canned it; two trades in two weeks isn’t my style, especially as:
a) they were loosing trades
b) those trades were in reasonable profit but gave it back.
Two version of M5G Cyborg are up and running. The current default and the 10TP 40 SL version.
M5G Cycborg
Aug 31
I have progressesed M5G Cyborg to Step 3 (Purchase and demo). Look out for a new trial or two on the active test pages in the next few days.