Roulette Trading fascination

 

Roulette Trading has been fascinating me of late. As we all know, the success is not entirely on its strategy but most importantly of all its money management.

As of this morning 3 strains of local hero Roulette are on the playing fields.

The longest one has been up on VPS frankfurt acct lfd136 since last 12 days with and E%M of 2% only which is acceptable. You see it makes really big and make up all previous small losses. But its formula is quite "wide" with TP and SL of 25pips and roulette sequence of 5. So its quite slow in every sense of the word.

The other 2 were included only this morning on the Desktop lfd467 and 434. The first with 13SL and 10TP and basing on candle close position against emas14 line on 4 time frames 1m,5m,15m and 1hr. Hopefully it would be fast closure. This one is the same in money management with the VPS frankfurt where it has 3 cycles to complete before stopping. But still unless you get 5 wins in a row, you are going see strings of losses. Just one win would make up of the losses. I think 1 full win cycle can breakeven about 33 losses ?

The last one is without the extra cycles but still adopting the 5 wins per cycle. And its base on ADX in the 4 time frames.

All for all, these are all done as the subscription of Fxdreema ends today. Hopefully, I have prepared the robots correctly and any ammendments can still be done on the MM or SLTP level. Or even adjusting the indicators parameters.

Now back to strains of Roullete. Lets look the proposed strain of 8 trades per cycle. That maybe too long but lets look at the benefits.

  

Up there will be how the MM looks like. Let be explained
1. There are 4 trades sequence making up 1 cycle.
2. Each trade if success increase lot by 1. If lost back to 1.
3. The TP here is of 10 but it can be of any value pips (recommended higher than 10 pips). Its SL should also be the same value.
4. As shown losses occur in the first 2 sequence trade only with accumulative of -1 only. Meaning that if a trade is lost in the 1st sequence you loose -1 even in the 2nd seq it is also -1. But losing in the 3rd its already Breakeven (no cost). The beauty is that losing after that are profit (for the cycle) !
5. If it ended with a 8 winning trades sequence it is 450% more than if it to be traded on the same lot winning 8 times in a row. At 7 its 286%. Even winning at 4 sequence its 67% better ! Of course at 3 sequence it is breakeven.

So this is exciting and to be included into the trading fraternity.  

Weekly Plan

 

Congratulations you are upgraded
1. Apex
2. FX Stabilizer (thou E%M fell below target due to its reputation online and what looks like careful trading, we will give a chance

Sorry you'll be dropped. Tried long enough but with below required performance
1. GPSF - only 2%
2. Life Changer - 1%
3. Legend -  -20% !!
Just note that they are not losing in fact profiting but below requirement

These are big losers just after 4 days of trial
1. TV Forex  -158%
2. Forex Force -54%

Should drop if after tweaking the parameters just not bringing the required reaction. Also these are not losers but below par performers
1. Jabrix Ebay
2. G Trade

Plus and Minus

 

Welcoming a new week, these are some current changes taking effect

1. 9.5kcts added to Meia4 to cushion its current high -RPL 5kcts. Remember that beside from putting itself into this worrying situation, it has after all increase balance to 2k

2. The 9.5kcts real was transfered from lfr758 account occupied by Al Fatih leaving only 0.5kcts in balance. As for the that Al Fatih is now on freeze and will be activated when extra fund is inputted. For the record, whether Al Fatih have open any trades since its upgrade is unknown until its trading record past history is checked.

3. Loki fbd initial funding of 20kcts is restored. This is easy and at no cost as its account is still demo. Must look into why its lfd account Loki2 is not effected although at 10kcts demo.

A few robots will be upgraded this week and a few will also be dropped.

An embarassed silly oversight on Meia4 and Al Fatih

  

Thinking that both robots are identical - Wrong ! Actually they are not its the account that is the same !
So thats why the Balance and RPL were the same.
The messed up occured when they were upgraded to real accounts. The Mt$ account charts were open twice where the first one with Al Fatih and the 2nd one Meia4. The current increase of -RPL is only caused by Meia4. It is not a critical level but after reading the info, it actually required a bigger Deposit than what is running right now.
Maybe Al Fatih simply refuse to open knowing that a foreign robot is operating in the account. Thats what I assume.
So in reality there is a real account without a robot running.
So going forward will put in more money into Meia4 as a precaution avoiding Margin Call. Al Fatih will operate on a new account on its own.

Loki Post Mortem - Giving a 2nd Chance

 

Just like Loki in the Avengers after being badly beaten by Hulk, should he be given a 2nd chance. After the Post Mortem, we decided that a 2nd chance is deserve. BTW it will reveal the secrecy of how layering works which includes Capt EA inner workings too.

Reading the intro to Loki even further reveal certain facts that if address properly will bring the Loki Robot to uncharted heights. BTW, Loki 2 with LF broker demo is still stronger as ever.

1. It works only for 1m EU
2. Works well on Ranging situation (like Capt)
3. Will open trades of the same direction with TP aim at 4 pips only !
4. Which was on default setting - It multiple trades at 1.6
5. Starting lot is 0.1 and with an account of 20k, it spells doom.

So variation we can invoke to make Loki more versatile
1. Reduce lot to 0.01from 0.1 Thou it will be slower and smaller it is safer.
2. Dont do multipler or set at smaller settings and trust its layering technique is good enough

So thats it. I dont have to question what indicators it is using as it has work fine before.

Good luck

The thing with Meia4 and AlFatih

 

For sure,they are the same thing. Both have profitted substantially today above cts2k profit but now having very big -RPL of over 5k ! with plenty of trades opened. Now my assumption that they worked on 1m EU alone is not accurate. They have many pairs in its observation. Now they are hoping for a retrace in all of them or reaching Margin Call. Their lots are the same at 0.11 more or less and they are not Martigle for sure. But they are working to profit on retracing like good old Capt. But Capt is Martingle bound.

And both are Real $100 per account ! Hoping they both get out of this and close 1 for the other. Meia4 has control dashboard which is good. Only if i can find the manual to go about operating it. That will be great.

Now here some facts. Their EAs parameters are not the same. In fact Al Fatih claim to work on EU 1min but it does not.

How they do ?

 These are some salient points to ponder on the performance of all robots Real and Demo

1. As suspected AlFatih and Meia4 (both now real) works in identical ways. Both performance are expected from their high -RPL of 3k. When and if they recovered one of them must be replaced as they are the same.

2. Loki1 and Loki2 as explained and needs a post mortem for Loki1. Why it effected Loki1so badly while Loki2 remains unaffected. Could be that it runs on different broker ? Answers must be revealed.

3. Both Captain EAs recovered their high -RPL well. XM Captain managed by Captain Admin on their own VPS on XM account performed splendidly by getting $16 (real dollars value) while LFR only managed to break even

4. Real account Jacaranda is now praised for getting E%M at 13% with its sound trade management although it looks slow.

5. Demo Armor with 16% E%M is what we called collect rarely but bigly.It could be a candidate for Real as it has 2 days more in observation.

6. FX Stabilizer barely getting 5% and still be considered for real as it is seen to be stable and well known over the internet.

7. Crazy Scalper will also be considered for Real Account with 1 day observation to go if it keeps holding on to 8%

Loki1 shocking defeat

  

Very shocking to know that Loki1 who was leading very far ahead and to be surely picked as the leader of the pack as of next week had been defeated and banished from oblivion. With a total Balance washout from a starting fund of 20k leaving with only $114 behind is simply beyond comprehension. Even worst than Captain EA LFR, this one was very much unexpected.

However the mystery needs to be solved as Loki2 was simply unaffected mataining its Exp Month % of 34%. A post mortem is to be done to identify if Loki is fit to be a leader or even a fighter. 

Welcome to the real world

 

After passing both parameters duration and % Month, these robots have been selected to join the frontliners making their way in the real world today.
All of them aside from Meia4 have both parameters passed. Meias problem is with her RPL which sometimes can be big but comparatively safe to her account size.
Congrats and May the force be with ya

1. AlFatih

2. Jacaranda

3. Pukat Hanyut

4. Meia 4

They are placed in a liteforex real cents account of $10k cts ($100) each.
Their placings in the progress report is still the same excpet for their new real account number.
They will not be subjected to any more test in parameters achievement to trade Real.

However if the balance dropped at a certain % (to be decided), they will be pull of from the real world.

How robots are selected to test

 

There are plenty of robots to choose from when it comes to testing. But what are the process taken to do so ?

1. If the robot by itself already reputable and well known on the WWW in the forex arena, then without doubt they are on top priority

2. Look for trading strategies that are not Martingle, Grid or Hedge in nature. Especially favorable will those that scalp

3. Read the reviews look at the charts. Report from Myfxbook and FXBlue are particularly important especially if they are on real accounts. The performance is important

4. Look at the chart, if its making many trades then its good to choose. Some robots may be succesful by making limited trades a day. Just set them aside and choose the one which seem to be hardworking.

5. Like what you see and what its promising eventhough it may not be true or accurate.

Stop Press ! Like army in a trench

 

The robots are like the army in trench. Everyone waiting thier turns to get out. Some may but some dont. Some may die in the trench itself and a few on the battle ground after getting out of the trenches.

So as at 1am here are the current results which may definitely change come tommorow updates.

1.Loki is leaving everybody behind with 134% expected monthly profit ! Yet its still not qualified to go live as Loki 1is only 8 days in action and Loki 2 just 3 days. Its inner workings is good too as its RPL is always a small negative. Loki2 has attained 4% in 3 days. Trading on just the EU pair on 1m TF, its a promising worker.

2. Jacaranda met the citeria to go live meeting both requirements after exceeding 15 days in action today. However its Exp% achievement barely made it at 7%

3. Possibly drop in the near future basing on todays Data capture is GPSF having 24 days in action. Lazy and not making trades. Just 2% EXPMthly. Not good.

4. Local hero Roulette8 is not that bad with 9% E%M. Got less than 2 weeks to tweak it before FXDreema subs premium ends.

New Kids on the Block

 Here are the new kids joining the Desktop LineUps

1. Soft Marti - Replace Scalper EAT
Yes said that we are not going Marti. Not all out anyway. It has the soft word in front just like Captain which did not claim of being a real Marti just a soft Marti and look where that brought us.
So give this robot a chance. Just targeting GU and EU 1h time frame. If it fail, drop is the answer. Simple. 

2. Generic ATLP - replacing Lock Balance
This has many pairs on its target. The porovider even include set ups which he said are succesful.
Using the 15m TF with GU, UCd, UCf and EG being the common pairs. See what it got.

Robots to drop

 

These robots will be drop and replaced soon asthey have the following tendencies

1. Open many orders to the opposite side and waiting for price to retrace to close. In order to do that they have future trades on hold making the account stalling. Boring.

2. Create pending orders which do not hit and so no running trades.

3. Having robot configuration that seem complicated yet we dont have the manual to adjust it.

4. They seem to be profitting and performing better than those that refuse to open or making big losses, but on a small scale and uncertain how their future are with the current trades or stalling situation. They are not yet condemn but take it they are KIVs.

These are (from desktop tests robots)

1. Scalper EA Tuner
Having a big -RPL and had been stalling at a profit figure for a long time. Seem that 1 pair UJ has many orders opened and the robot is waitng for a retrace to take place. Other pairs are 0 trading. The situation would get worse if UJ keep on going short. The small hoding profits of around $200 would be blown off by the -RPL which is currently at -$600 something.

2. Lock Balance
The robot configuration realised to be complicated and need its manual to be operated efficiently. Noted that it has an option either to BUY or SELL implicating that it could be decided manually on that part. Anyway it has been stalling for quite sometime now even at a low profit.

Robots to go real

 These robots already met the criterias to go real for this week

1. Al Fatih 

2. Pukat Hanyut

3. Cap ES XM - already been real for 63 Trading days! in Cap Admin own VPS

While these just need a more observation days before setting them to real. But along the way they may falter and drop. Time will tell.

1. Jacaranda

2. Armor

3. Apex

4. Roulette 3

5. G Trade

6. Legend

Time to really fly

 After some time in observation, a robot can either be upgraded to real or dropped. A robot can also be dropped much earlier if it begins to show recklessness and poor performance or simply wont start.

The Parameter to migrate to real account are as follows

1. 15 days of more of observation

2. Expected month % is 8% or above.

There are 2 columns in the daily progress report alerting if any robots making this mark.

The start for a real account will be on a cents account at $100 or 10,000 USC. It broker engaged would be either be Liteforex, FBS or FXTM. All are chosen due to one reasons of the other which will be discussed in future postings.

Daily Report Progress

 

There will now be only 1 progress report daily possibly at 1am Malaysian time. 

The report will be in a vertical format accumulating all robots under observation in 1 report cells range

Report sheet will be on a weekly basis where the naming will be as follows

fxv01082429 

fxv stands for Forex aVengers
01 the sequence of the report this is for the first one
08 is the month which is August
24 and 29is for the day starts 24 Monday to day end 29 Sat

Roulette 8 Homemade Hero replaces Roulette3

 In the wee morning hours Roulette ver 8.0 replaced R3.

It took sometime to test the running engine. Before this, R3 was running OK getting some profits. So R8 will be a better hero hopefully. Here are the changes made

1. Indicators
Now running on immidiate candle close over orbelow MAe14 line in 5 time frames; 1m,5m,15 and 1 hr. All 4 time frames must concur with the candle current position before a trade is made.

2. TP and SL
Now at 25pips both ways before it was 20pips only

3. Cycles
Now the introduction of cycles rather than trade just fall dead on the 1st cycle. Cycle1 base is 0.01 Lot, Cycle2 0.02 and Cycle3 is at 0.04. Additional cycles would be added if it is the right path to go.

The success of this robot depends on making 5 successive wins where the return would be enormous. Any failure getting to the 5th level would result in 1 trade if calculated on cycle basis.

Its a high order for R8 to carry but so it goes. God speed.

How we rate Robots

 

They come and they go. How do we judge and pick the best ?
Here are some insights

Some definitions first.
a) Start Depo
How much money when the robot is activated with a particular account. The acct may have been around with other robots but when a robot is activated with an account, the start balance is determined. Along the way the amount is changed if there is any deposit (plus) or withdrawal (minus)

b) Balance
The account balance when the data captured is made at any time. 

c) RPL (Running Profit or Loss)
At the time when the balance is captured, any resultant of trades that are running are also noted. If the trade is losing (not yet closed) the figure will be in minus opposite if it/they are winning.

d)Days
How many passing days from the day when the robot was activated on the particular account

Now here are the calculations

1. Nett Different from Start
The Balance is minus from StartDepo amount and added with RPL.
If the figure is positive it means that it is in profit where its current balance is higher than StartDepo even after including RPL. As the RPL could either pull down the figure if the trade/s are losing and upped it if its in positive (profiting)

2. Diff Last
If the figure is positive it means that the NettDiffStart of the current is better(more) than the previous reading

3. DiffLast%
This is DiffLast in terms of %

4. %Day
This how much the robot is making or losing in a day on the average. This also takes into account the No. of days the robot has been activated. The bigger the %Day the more profiting is the robot. Do note that for any robot they may also be days where the %Day could be in minus. But as long as the %Day positive, on the average, it is making profit on the average daily.

5.$ Day
How much is expected in a day of trading. Simply the formulae is [(1)+(c)]/(d).

6. Expt%Mth (Expected Profit% per Month)
Basing on % Day where there are 20 trading in a month. Simply %Day x 20

7. Exp$Mth (Expected Profit in Month)
The formulae ; $Day x 20. How much is shown here not necessary will show the best robot as the acct amount of StartDepo varies. Those with bigger StartDepo will have bigger Exp$Mth even if the % may be smaller. So thats why the following formulae will decide the best Robot.

8Exp$Mth on 10k
The start depo is proportionately increase or reduce as though  taking the StartDepo to be 10k. So the figure that derived and compared will be fair to all. And this will decide the Best Robot there is.

FootNotes

However please note that a longer running robot is better than a new one as it show stability and the result is a better representative what it can achieve.

A success in demo does not necessary mean that it can be the same for a real account

Robots that use Martingle, grid and/or hedge (MGH) will require large Start Depo.

MGH Robot may show impressive result temporarily as its setback will be when it hit a big drawdown.

All robot will have wins and losses. The best one will be when its wins is bigger than its losses. These comparison can takes hours, weeks, months and even years. So what is the best robot still race a lot of questions.

The Race - whos winning?

 As at today here are some promising robots who are currently voted to be in the front lines

1. Loki - this is funny as Loki is the leader of Avengers right now ? Yes its true

2. Roulette 3 - this is homegrown and not yet perfected. Winning purely on money management. The objective is to find the right indicators to execute the trades. Winning will be the bonus

3. Apex - one of the newly recruited robot. Today upfront dont know what will happen in future thou

4. Captain EA XM - so its come to this. Stable enough as its been around the longest and still having the position in the frontliners

5. Meia4 -  Its RPL can be enormous in either direction. But so far so good kindda know where she is going

All the robots above attained above 15% per month estimated profit. Now here is the 2nd liner 

6. Al Fatih - seem to be very hard working but getting a stable 11% per month profit projection. Strong when looking at its achievement on actual balance which is bigger than most. But when tuned down to a sizeable 10k, not that impressive. But if you are to count on robot that makes you money according to your balance, this may be the one.

7. Jacaranda - Just 8% projected monthly profit

8. Amor - eventhough at only 5% pmp, it handles a 300k demo account. One of the new boys just 3 days old.

Those not mention are not chosen (at least right now) competing in the VPS section. Either they make insignificant profit or at the losing end.

Robots running under test in the desktop computer will be discussed in later postings.

Next will discuss on how they are judge. What factors are involved.

My Forex Trading Concept

1. Test and choose the best robots to trade 24/5

2. Hold to "dont put all eggs in 1 basket"

3. I dont have the time or the right emotion to trade manually as the main method of trading

4. Have a strategy (or test some firsts before deriving one) in trading manually. Do it when you got the time

5. Trade by chosen robots on VPS.

6. Consistently fetch data (2 times a day) and check on their progress. 

7. Make your trading practices as your online banking source

8. Offer profitability to other people only when you yourself are making it via this concept  

Homemade robot - The Roulette2

This homemade Robot will make its way to the testing ground of Desktop come next week. The idea is not original as it is taken from the book of Roulette Trading. But some tweaking was made.
So lets discuss how potential this one will be.
It is best to trade this on the FXTM account where it has no commission per trade.
Of course, like any trades, you need some indicators that can ensure the longest winning sequence that it can. In R2 we require 5 straight wins which is not actually impossible. As the open trade will depend on what the indicators say, it could be B or S or a mixtures of both in any orders. Discussion on the indicators next time.
Lets discuss on the mechanism.

Unlike conventional trading we 'group' our trades into cycles. The winning cycle is 5 trades. Meaning that if it complete 5 trades in wins then it complete a cycle. The rule is win a trade and proceed to the next one. If loss, start all over again. Now what is the difference in each cycle ?

Well this is more or less like an anti martingle. In martingle, you double your lots on a losing trade just to make up the losing one. Like we all know the lost can be tremendous that it can blow the account and significantly reduce the account balance.

The TP and SL for each trade is 15 pips. It can be any amount but both must be in equal amount for this mathematics to work. Making it lesser may result in easy SL when price retrace.

The table shows how much the lots increase on each winning trade (doubler)

At any level when SL is hit the losses seem to increase. But if we take them as 'groups' it will always equal to -1.5. So at any level below level 5 with a loss, the 'accumulative' loss will still be -1.5.

If trading is done conventionally with 15pips as the target the total profit for 5 wins is 7.5. Small thing to shout about.

But what if the wins occur with the roulette increasing lots (double) of each level, the profit will be 620% than conventional or 46.5 !!

Lets face the fact that it is hard to get a perfect 5 wins in a row (not impossible but hard) and they will be losses along the way. Let it will take 31 group of trades of accumulative -1.5 loss to equal to 1 win !!! And that is quite unbelievable !!

 

 

 

 

 

 

2 accts open on VPS

Yes 2 more accts on FXTM were opened on VPS at 3.30am. Started with 10k USC they hosted Crazy Scalper and Jabrix 5.1 Ebay.
Also noted the seperation of Apex from Crazy Scalper. From the checking today, Crazy Scalper is actually performing better than Apex. Anyway its good to see how they perform now they are separated. Obviously CS has a better advantage as FXTM dont have commission.
As explained on Jabrix, lets see how its doing on FXTM without commission charges.

Good luck everyone thou everyone has little time left this week. Lets see how things go next week.
For sure next week

1. The million acct will be eradicated as Winners Pro is not making money/losing them and too hard to manage the accts with so much 00s
2. Reduce on GTrade from over 300k to 10k
3. The best of the bunch Al Fatih. Reduce it to just 10k from 62k and see if it can maintain its good run.

The workings of Jabrix

 Have tested Jabrix before but testing it on LiteForex failed in the end as the brokers commission kill its small profit. Now testing it again on Desktop acct 759.
It open many trades and close trades at mostly small profits. But when the price retrace it still hold to the losing trade and start open trades of the same position that was losing when about 30 pips to the trade that is losing. It has mm function.
I will again be serious with the Robot but with FXTM with no commission involved.
Also need to find if i can find its manual as the input has parameters of Scalp Factor and Sniper Factor (what are these ?)

Reviews of Robots on VPS

 

1. Al Fatih
Consistent always control and having RPL at 0. With the current setting expecting to get over $8k a month. Expected per month is 13% thou this data is debatable as it depends on what actually is the Balance amount. Is it overtrade or undertrade. So the optimum balance is imperative. BTW Fatih acct balance is 62k which possibly could be on the high side.
Lets do an experiment, we reduce the Bal to 10k (-52) and see how the account react. If its profit/day mantains at $419 (which it sis right now) then that is the ideal balance amount. Lets do this next week.

2. Jacaranda
This acct has the ideal $10k when it started with profit/day just at $36 and a target of just $729 for the month. That is only 7% profit per month. Robot not really that productive but still profitable. Just let it run longer and see as it is only 6 days old. As far as I am concern the balance is ideal. Remember if a robot runs on grid,hedge and or martingle then it is another different story.

3. GPSF
Performing something like Jacaranda results. Its balance at $8k is again considered ideal. Expected a small about $300 monthly profit  with daily return of only $16. Target monthly profit % is 4%
The robot was obtained FREE from a pasar malam website. It is an old version of the current one. Already14 days tested let it finish a month ore met is doom.

4. GTrade
This robot is the easiest to install and also see how its performing. Just install on 1 chart of 1 pair and it does the rest - open trades on various pairs. A full monitor display is how much its making for the day and whats the percentage. So easy.
Good news it is making good progress. No doubt the balance is over inflated at 300k! But its daily and expected monthly profit is $137 and $2.7k.  which is good to know. For next week, the balance need to reduced considerably say leave it $10k. And if its productivity remains the same then we can always have more GTrdade accounts  of $10k each. Let em run !

5. Meia4
One thing that is worrying about Meia is its high -RPL everytime. But maybe that should not be the case as it is not the Martingle or hedge kind. No doubt its controlling its RPL well. Last record its RPL is at -956. But this is not alarming knowing that its Balance is 24k. And it wont give you heart attack like Cap sometimes do.
But whats good is that its daily $192 and monthly expect of $3,836. And this after deducting the RPL from the formulae.
Only 8 days old so let it run longer. If it ever made to the real money account maintain the balance at $20k (in cents first of course)

6.Pukat Hanyut
Ok but not as good as its review were saying. Start balance just right at $10k. Daily $ of $73 and monthly target of $1.4k. In this case its project monthly profit% can also apply at 14% and daily of 0.69%. Already running for 15 days.
One thing to be cautious of Pukat Hanyut is that it has the element of hedging which can work against us. But lets observe how its holding on and produce.

7.Life Changer
This is one of the hopefuls that fail ! Last data shows a loss from start with Expt month at -38 and $dailyprofit of -2. All is caused by its -rpl of -18. Thou not that much but its so far small return put its achievement in red. Only 7 days old see how it goes. But if for next week it continue to dip in performance then Replace is the word.

8. Apex Crazy/Pro
This acct comprise of 2 robots. Thought of testing 2 of them together. Both have the characteristic of Scalping. Both of them seem to be performing postively with the current data making me want to have a closer look.
Fortunately the starting balance was 10k. The projection for monthly$ is 7k with daily profit of $352. But being only 4 days old could not verify the result fully. Looking forward how it performing and perhaps separating to 2 different accounts. Its month profit% prediction is 70% with daily 3.52%.
Anyway being only 4 days old cant say much now. One thing for sure being a scalper with no martingle ingredient we may be sure of not being plenty today and gone tomorrow.
Lets see how the days will treat both of them.

9.Winners FXPro
Taking over a $1Mil demo account now realising that its hard to check on what it has achieved or lost. Las time time the robot does not seem to close trades  now having 100 over trades opened and a -RPL of 115k ! Initially this robot was good but now its just a pain in the ass with -320k expected monthly loss and losing $16k a day. Of course the big demo balance figure play a part but it not closing trades is a no no. Will close the robot and the account  too.

Reviews of Robot tests on Desktop

 

Fri 14Aug

7.20p Robots from Jabrix ebay are now tested they are
Condor Scalper
Jabrix Masterpiece
Jabrix Scalper Ebay (revival)
Waiting for results if any

Suspect if the acct is faulty or some settings preventing robots from opening trades? But Doubler X worked ok even with the tiny $6 profit.

7p Flex robot is suspended as there are no trades opened after 12 hrs eventhough have put presets for the trades. The inputs of the robot is also complicated and detailed. Should find the manual before trying the robot again.

Fri 14Aug 6.55a

759  Flex
Super Billion is dropped when no trades being open after nearly 4 hours of testing. Still available in the experts folder. Not classified as failure just that it fail to launch maybe waiting for some set ups during the day which we cant wait.
The famous and veteran Flex 4.9 replaces it.
4 pairs were traded using the 30m scalping presets mode. GU,EU,UCd, UCf
See if it lives up to its reputation.

Fri 14Aug 1.20a

 Super Billion 759
This robot promise a lot.Trading is said to be on Swing Trade style. Open abt 7 pairs on 5TF. See how it perform. Spreadsheet included in package looks very impressive indeed. Luckily robot is able to be functioned thou not initially.

Fri 14Aug 12.1a

XDoubler 759
Not closing any trades so far and traded on 2 pairs from 7 opened.Thou RPL is +, its only $6.2
Rec: Drop

Scalper EA Tuner 034
Profit at $116 and RPL at +10. Good may be promoted to VPS. See how it trades tommorow

Legend 254
Making profit today at $64. Recovering losses from New Horizon. Profit about $93. But RPL at -150. Very easy to see which pairs are failing by looking at the display on each chart. See how it makes tommorow last day of the week.

FXStabilizer 032
Profiting at $25 with RPL at +40. See how it fares tommorow. Potential to make it to VPS

XDoubler 759  Scalper EA Tuner 034 Legend 254  FXStabilizer 032

 Thurs 13 Aug  2.20a

X Doubler - this robot dtect trend and trade with 2 modes 1. Open trades as long as the trend is going on or 2. Open only 1 trade per trend run.
Robot alos need authentication key which was included and can run the acct nicely.
Also it has many modification to the the adjustment and closing of lots when a trade open. Should read the manual that comes with it. Could be a good robot.

Wed 12 Aug 11.30p

Now back in action with the death of Pip Killer. Open trades even at low balance. Acct top up 10k. See how far and how good it goes.

Tuner 2020  - Trading 4 pairs on 1 hr TF. Just installed and still no trades open yet. Very particular on dll being opened. It wants to be from the main desktop.  12/8 4.20a
 

 Wed 12 Aug 10.20p

Legend (continue watching hopeful)
Hard working robot making profits thou small. Seem to be very careful. Easy to see which pairs are winning or losing on the display of each chart. Also useful info like risk setting, lot size of s1 and s2.
So far I like it and it may join the Asemble but lets watch a little longer.

FX Stabilizer (continue watching)
Small +RPL of $26 out of $10k considered being too careful. Have not close any trades. Mixtures of the trades bring about the +RPL.On auto risk so it decides the lot to be at 0.05 for a 10k account. Will keep watching.

Unexpected reboot of VPS NeuPrime

 Luckily I was at the computer and noticed an email informing of the situation. The email was sent 41 mins before I read. On visiting the VPS as expected all the Trade acct were closed. Fortunately, they were fast and swift to open. Smoother than before. In fact this time the server looks much like a computer rather than a screen capture of a computer. 

So things got back right again in fact even better.

So what should be done ? or prepare for this to happen again hope not it happening.

1.Need to check the VPS every now and then. I know that some acct emails cannot operate. But have one sending every hour. So once an hourly email does not arrive we know something is wrong. Now is OK as they are all demos but what if they are real accounts ?

2. Check with vps admin if they can notify by whatsapp or phone text. This is better than email.

3.Have a script that record the server running last (maybe in the form of display) So that if something like this happen, I can visit and check whats wrong.

Assembling the Avengers

1.  All performance are studied either on demos/life vps or demos on desktop

2. Those graduated from the desktop will be placed with the vps

3. If success run continues, a small real account (possibly in cents) will be given. Possibly FXTM cents without the commission which considered imperative.

4. When on real monitor once a day (at least)

5. In the meantime tests of new candidates continues.

6.Process repeats

 

 

KIV Robots to test and why they are chosen

 022 Forex Pip Killer
Sounds simple to use on all pairs (many listed) and time frames
$10 deposit only
Have money management
The Bads
Short webpage
No testi
One image from Strategy tester showing lot of 59.0 while the rest only at 0.01 (wtf)
No harm in testing it

011 CR7
An image showing a real account from Myfxbook with 1873% gain and a monthly gain of 800% !
It could be hoax but no harm trying.
Not much on how it works.

Robots now on test on DESKTOP

Acct Test 034

12/8 1pm. Tuner 2020 pairs are on hold while 4 pairs of 5m TF from PIP Killer are tested.
Open trades straight away. Only 2 inputs parameters and look like a toy robot. But wait and see.

 022 Forex Pip Killer
Sounds simple to use on all pairs (many listed) and time frames
$10 deposit only
Have money management
The Bads
Short webpage
No testi
One image from Strategy tester showing lot of 59.0 while the rest only at 0.01 (wtf)
No harm in testing it

Tuner 2020  - Trading 4 pairs on 1 hr TF. Just installed and still no trades open yet. Very particular on dll being opened. It wants to be from the main desktop.  12/8 4.20a

Acct Test 254

Legend - has a nice display on every chart indicating how much each pair is making. But so far making pending orders yet still not hitting any yet. Wait and see. 5 pairs on 5 min TF

Acct Test 032

FX Stabilizer - Has good historic review on the website. Trade the 1hr with 6 pairs. Still not opening any after 10mins of launching.

Robots on Desktop Test - BUT FAILED

161 Expert Smart Trend Thurs 13/08 2.20am
Quite an elaborate robot requiring a link to a website to be input which I did. Has nice displays and impressive too... but error on the display stating Error loading information from websites!
So no choice but to abort without starting.

044 New Horizon - fail to launch. Message says its already expire.

Dragon Expert Trader - taking trades and losing lots of em.

Forex Auto Millions - trading on EU only on 1 min yet not opening anything - Dropped

 

Before any robot is put on VPS with its own account (demo first of course) it got to pass the desktop test where the robot will be operated for a short period of time (say 1 day). If it show some promising then it will get promoted and possibly trade on VPS.

Failure are those robots who could not open at all - faulty or the programmer knows thats it piracy and limit it usage.

Robots that do not open at all when other indicates that it is running fine. It may not be time for it to run yet but we dont have the resources to wait for it to do so. So these are also dropped.

Consistent losses and bound to hit the thunder doom (of course).

These robots are lined up here. 

Forex Pip Killer (Reckless - Drop it) Announced dead on Margin Call 12 Aug 11.30p leaving only $10 in the piggy !!
Opening many trades with various lots sizes. Oops now on Margin Call !Broker will close some trades. Sad as it killed itself. Something like Captain syndrome. Opening the same opposite trade hoping that price retrace. Will drop when margin called.

All system go - most accounts on VPS

Took sometime doing it but its all done. However as the Forex is not active yet (the weekend) we'll know if system a successful go live  at about 5am or about a bit more than  hr from now.  We have 6 LF demo accounts, 1 Real XM and 1 demo FXTM account running live. 

What is important is the email notification the email will be sending every 4 hours from every one of them. So progress can be track like normal procedure. 

LFReal Cap is still on the 1GB Ram Singapore VPS. Maybe that will be moved on also when all these accounts are found to be working correctly.

A LF demo account is still station on i7 notebook which will be used to test on Forex Strategies and own robots in the making.

In the meantime test will be conducted on a smaller basis on the desktop and notebook just to ensure the robot can work. 

Another week ahead. Who will join The Avengers.

Forex Trading up a notch - TOTAL VPS !!

Just upped the game with the subscription of a 16GB Ram, 240GB storage, 4 cpu VPS server located in Frankfurt Germany at a ridiculous offer lifetime price of €19 per month ! Thought of paying for a year at a discount of 15%, but wait and see how it works first. If its good then dont mind doing that. Furthermore it can be not renewed (stop) on a monthly basis.

So everyone can migrate there and trade uninterrupted.

Like I said, it is a bargain that never been heard of. At present rate even getting a 4GB Ram at $30 is the normal bargain.

So see how this goes. Another level of forexing !

Who is the strongest Avenger ?

 Latest updates done for Sat 8 August 5 am

See ya next week. Have a good rest for the weekend.

Avengers Assemble

We are at the moment of truth where Cap EA is not invincible after all. A good and dedicated fighter indeed but there are happenings around the universe that Cap may not be able to realized before conceding defeat. It had happened once too often. Now its time to call in the Avengers to fight the enemy we identified as Forex. The reward is money.

The current list of heroes auditioning to join the foray are as follows (not in order of invincibility (yet)):

1. Jacaranda

2. Meia v4

3. Price Action Scalper

4. Pukat Hanyut (what a chosen name)

5. Life Changer

6. Jacaranda

7. Al-Fatih (not from Arabia but Indonesia)

8. G Trade

9. GPSF

Avengers who had lost or just dead before starting are

1. Meris 20

2. Hedgy2 (self made)

3. emas1 (self made)

4. Kingle scalper

5. AI Scalper

6. High Profit

7. Odin (yes the father of thor himself)

8. Robotron (definitely the ironman of the lot.. promising initially but disappointing in the end. Will revisit the robot in future thou)

Each running avengers will have its own log entry either on recommendations or reminders or ideas. The greatest challenge if they have won here will how they perform in the real battle ? That will be known only after they have been assigned to the real  battle. 

Jacaranda

 This one is from Russia. Seen to work by opening some sort of hedging and grid thing with different lots (possibly martingle). Its workings is not that known although it is profitting.

Will increase its pairs to plenty more the current 3 right now. 

LFR Restarted

 Added 9k to LFR and restarted it with only EJ running.

With 11k and 0.01 open lot and 1 pair should suffice.

The debacle of Margin Call was trading too thin with 8k balance but 4 pairs running !

LFR Captain EA stopped

Another blow for CEA on LFR yesterday when the margin% reached 50% and LF broker reminded through gmail to deposit another $20 (in real $) or open trades are closed. I was too late and trades were closed anyway. The balance dropped from a small 8k (cts) to 2k (cts) !

Looking at the charts seem that CEA seem to have lost its way. It have not traded EU for sometime now. The other pairs beginning to show good as prices retraced. But it closed with a losses more frequent now.

So lets finished the chapter with LFR cea leaving XMR alone.

May look into how it is traded fuad admin as he give access to his real trading acct as observer.

Try out other potential accts from ForexExpertTraders.

Welcome to the World !

Jabrix

Thou we have dropped Jabrix to text other Robots do take note that there is a potential where

/ It scalps with a 0.01 lot all the time

/ It close with profits but there are times when it has to close trades with some loss too

/ When it cannot close a group of trade it hold on to them

It is  safe robot and we should try again later. Anyway it was purchased from ebay.