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What i have learnt from testing excali. 3.5 for the past 2 weeks is that it has a fair sense of detecting when to enter. However when the news comes in one needs to evaluate the news and its impact on that currency pair.It either confirms the trend direction or goes against it. I usually tend to stay out of trades when the news goes against the overall trend.
Hope that helps saintmo
That is probably a good way to assess the the trading environment after news is released. My usual approach is to test the limits on a demo, but temporarily halt trading for live accounts during big news such as NFP.
Can anyone please confirm if Excalibur 3.5 is supposed to run with hte default "out of the box" settings on daily charts and also the 30m ? I'm really confused by this because I'm struggling to replicate any of the results I'm seeing, and there are various post here and there suggesting different paramets (not lot sizes) and different time frames.
Bernard, would it be possible to post definitively on the current parameters you are using on the various fx pairs / timeframes etc?
Can anyone please confirm if Excalibur 3.5 is supposed to run with hte default "out of the box" settings on daily charts and also the 30m ? I'm really confused by this because I'm struggling to replicate any of the results I'm seeing, and there are various post here and there suggesting different paramets (not lot sizes) and different time frames.
Bernard, would it be possible to post definitively on the current parameters you are using on the various fx pairs / timeframes etc?
Any light shed here would be welcome
Was a pleasure talking to you on the phone earlier.
As mentioned I had accidentally released the last update with the incorrect settings in it and as such we suffered several losses that should not have been there.
I have uploaded a new , completely revised version with many new feature to the support forum and would be better to log in and download the newest version rather than use the set files I mailed to you
To Success
Bernard
__________________
" Those that say it can not be done should leave those that are doing it alone "
Hello Bernard,
I do delete all the old files when a new update is out.I also leave the defaults as they are.I think in the update the default is 1 in how many trades to make.Thanks again.
Vince
Vince
Yes the updated versions no longer automatically place three trades.
Default is now 1 trade and you can change that to set as many trades as your account might handle
Week5 results for FXDD follow. It was a difficult week and today was a disaster. I wanted to see what would happen on NFP day. Glad it was a demo. Would have been tough if it were live. Also, I have the equity close program set to close out profit when it hits $800. If I had let it run I would have had more profit for the GBPUSD trade taken earlier in the week. But several other times I was glad to take the profit and run (and still am).
Overall still a very successful program. Will be eager to see how it continues to do.
Attached are the statements for the week ended 29 Jan 2009. Demo accounts using v3.5. Since there are already members running the EA on live accounts, do you still want us to continue with the demo accounts and upload the results weekly?
regards,
kk
Your contributions are very much appreciated and could not have gone this far without you and the other committed beta testers.
Will be setting up the Beta Testers Forum on the support site and we will begin other currencies and post the results there.
Meanwhile it is a good idea to continue to post demo results in both forums.
Work I know but all part of what we do.
Might want to open up the lots a little bigger. Not much bit a bit more.
To Success
Bernard
Thanks, Bernard. The merit is yours
Well, I am about increasing the lotsizes gradually as I become more and more familiar with Excalibur. Again, thank you for your high quality work with the EAs!
Results excalibur commercial demo version week 6 feb
Hi All,
A little late, but here are my results so far. Still not a profit, but maybe after this week.....
IBFX account Summary: Deposit/Withdrawal:3 000.00 Credit Facility:0.00 Closed Trade P/L:-101.91 Floating P/L:0.00 Margin:0.00 Balance:2 898.09 Equity:2 898.09 Free Margin:2 898.09
Linear Mode
