jbfx,

1. No, I trade other pairs too. I run the EA on one chart only, but other pairs are automatically traded depending on correlation. And there's no martingale here either.
2. I don't look at specific days, only cycles. The only time my trades exit is when a cycle is complete. I don't have pics of these from way back, just since I started with IBFX, and in that time there have been no losing weeks. All the weeks are posted in this thread. The entire 3 cycles of this week are expanded in the pic, and you can see it lasted all of 32 one hour bars.

Cycles can of course last longer if the global target is not hit. But that's why I only like to trade 2-3 cycles per week and get done by Tuesday/Wednesday. Four cycles would probably carry me into Thursday/Friday where news events are likely to force a weekend carryover. I don't like that, so I trade only what can reasonably close within the week.

I usually don't see higher than 15% drawdown, and even that is very high and unusual. More typcially it's less than 10% per cycle. But that lasts only for an individual cycle. Of course anything is possible and it could go higher.

The pic attached is from the small account I've been posting. I included a BalEquity indicator. I marked out the two largest gaps from banked balance. In the first marked example, the highest balance was 5466 and equity was 5221, for a DD of 4.48%. In the second example, highest balance was 5537 and equity was 5341, for a DD of 3.54%.

Past performance is never indicative of future results.

Attached Images

small equity.gif (37.2 KB, 305 views)

Good straight answers. Thank you.

I always see in forums, and this one is no different, people saying that quality EAs are not available to the public. I think a big reason why is that all forums are filled with people who wouldn't think twice about stealing an EA or the idea behind it and trying to sell it. That is so short sighted. There is zero money in trying to sell EAs. Real money is in trading. But the thieves can't see that because all they trade are these ridiculous micro accounts. They spend all day trading pennies that they think selling an EA for 500 or 1k is huge. I'm venting a bit here, so my apologies to small traders.

I don't profess to have a holy grail. I don't believe that exists. And I don't make claims of several hundred % in a short time. And this isn’t martingale. I don't post statements in forums because the reverse engineering starts immediately.

I'm tired of the attitude I see in forums and traders with good or potentially good EAs being chased away with pitchforks while the micro traders continue to wallow and complain.

At this time, I cannot obtain a level of security I’m comfortable with to release my EA. I will continue with managed clients, but I respectfully ask Newdigital to close this thread. I know there’s at least one person here who will say I closed it because I blew the account, but all you have to do it look at my recent post compared to the last, and you’ll see it hasn’t even been trading.

So thank you to all who supported me and had kind words. You’re always welcome to pm or email with questions to tradefxnow at gmail dot com. I will occasionally post in the forum, but I’m done fighting with non-believers.