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I am currently running the EA on H1 timeframe, default settings.
Suggested Pairs are the following:
EURUSD, USDJPY, GBPUSD, USDCHF, AUDUSD and NZDUSD
However, I am getting ready to go live trading this EA and I am only going to trade four (4) of these pairs. I am not trading NZDUSD and USDCHF. They are too similar to AUDUSD and EURUSD so that is the reason.
If you want a bit more safety, you can trade them on the H4 chart using the SET file below. Profit is not as good but seems to have less Draw Down.
I included my forward test of the GBPUSD H1 using Default settings.
Start Day: 21 June 2009
Average Daily Gain: 1.27%
Max Account Draw Down: 9.94% on 13 July 2009
__________________
Don't Let The Love of Money Send you to Hell™
I am currently running the EA on H1 timeframe, default settings.
Suggested Pairs are the following:
EURUSD, USDJPY, GBPUSD, USDCHF, AUDUSD and NZDUSD
However, I am getting ready to go live trading this EA and I am only going to trade four (4) of these pairs. I am not trading NZDUSD and USDCHF. They are too similar to AUDUSD and EURUSD so that is the reason.
If you want a bit more safety, you can trade them on the H4 chart using the SET file below. Profit is not as good but seems to have less Draw Down.
I included my forward test of the GBPUSD H1 using Default settings.
Start Day: 21 June 2009
Average Daily Gain: 1.27%
Max Account Draw Down: 9.94% on 13 July 2009
holyguy7,
Thats a very impressive Result for less than one month.
I agree with Holyguy7 And Jepm, this is a very good Martingale EA, as my forward results also show.
However would recommend that you run 4-6 pairs as noted, although the results on GBP/USD 1 hour chart is excellent it should be noted that between June 21st till now GBP/USD is basically in a ranging market, with no real heavy trending, these types of EA's Love the ranging market and preform real well, as retracement closes out postions and continues on it's winning way. So the recommend pairs to run 4 or more would defintely make the trading diverse.
Ok great, it will be good to see what EA has higher Profit and less DD
Are you using the option "Portion = 6" for 6 pairs ? Default is "Portion = 1"
On Original Blessing 2 there are 4 suggested pairs to run so I am running that one on portion 4. On this version of Blessing, I am running Portion 6. I believe that will be a fair evaluation.
I am also running head to head the EURUSD and USDJPY separate to compare the difference because they both have those two pairs. I will keep everyone updated to the differences.
__________________
Don't Let The Love of Money Send you to Hell™
On Original Blessing 2 there are 4 suggested pairs to run so I am running that one on portion 4. On this version of Blessing, I am running Portion 6. I believe that will be a fair evaluation.
I am also running head to head the EURUSD and USDJPY separate to compare the difference because they both have those two pairs. I will keep everyone updated to the differences.
Both Demos started at the same time on 6 July 2009:
Blessing 2 Standard
Running the following four (4) pairs with portion set to 4:
EURUSD
USDJPY
USDCAD
AUDCAD
Starting Balance: $10,000
Max Account Drawdown: 13.34%
Current Balance: $10,539
Current Equity: $9333
Current Draw Down: $1,208
Current Draw Down Percent: 11.44%
Running the following six (6) pairs with portion set to 6:
EURUSD
USDJPY
GBPUSD
USDCHF
AUDUSD
NZDUSD
Starting Balance: $10,000
Max Account DrawDown: 1.93%
Current Balance: $10,557
Current Equity: $10,536
Current Draw Down: $20.99
Current Draw Down Percent: 0.20%
Both Demos started at the same time on 6 July 2009:
Blessing 2 Standard
Running the following four (4) pairs with portion set to 4:
EURUSD
USDJPY
USDCAD
AUDCAD
Starting Balance: $10,000
Max Account Drawdown: 13.34%
Current Balance: $10,539
Current Equity: $9333
Current Draw Down: $1,208
Current Draw Down Percent: 11.44%
Running the following six (6) pairs with portion set to 6:
EURUSD
USDJPY
GBPUSD
USDCHF
AUDUSD
NZDUSD
Starting Balance: $10,000
Max Account DrawDown: 1.93%
Current Balance: $10,557
Current Equity: $10,536
Current Draw Down: $20.99
Current Draw Down Percent: 0.20%
Nice work Holyguy
You guys are doing a wonderful work here and I have also started testing this new system.
M question is, I think the results varries from broker to broker. Using FXDD and IBFX gives different result so I will love someone that has any information on this to please provide details on what amount isneeded to trade it safely using IBFX and FXDD.
Great, what i can see is max DD is much less on EA with Stoch and Equity is actually positive while on EA Standard Equity is negative both having around the same Profit.
Thanks, pls keep us posted on the test for next week.
sb78,
I uploaded my tests on IBFX on previous posts, all i can say is if you want to trade, try 2% or 5% of your Balance for Risk.
If your Balance is $5,000 and you trade 12 pairs "Portion = 12" then the Risk for each pair is $416 (a bit less than 5%)
Be sure to try this on a demo first.
Here is my Chart on IBFX with 12 pairs with 0.50 max DD (4 days of trading)
Linear Mode
