Forex Expert Advisor

[jeroan88]

Hello guys... Who are forex traders in here? This is for those who are seriously doing forex trading or interested to trade but busy at work. My husband has built a robot who will do the trading for you and it's working really good. To those who are interested to know more about it just text me 09489278509..

[MAGNETIC.LEVITATION]

Alas! we will be putting our investments on the hands of this robot?
Anyway, murag wrong section man ni nga post. Try daw didto sa buy and sell sis.
This section is for business, finance and economic discussions and sharing. ^_^v

[M.A.D.]

Hello guys... Who are forex traders in here? This is for those who are seriously doing forex trading or interested to trade but busy at work. My husband has built a robot who will do the trading for you and it's working really good. To those who are interested to know more about it just text me 09489278509..

What is the logic of the robot?
Is it a grid based robot?
Is it a robot that uses indicators?
What indicators does it use?
Does it open a trade when all indicators suggest the rights conditions?
Does it use martingale?
How does it open orders?
Pending orders or market orders?
Is the robot customized to trade in a specific period of time?
What currency pairs are you forward testing?
Is there a link to the forward tests being conducted by the expert advisor?
Did you take real world situation into account such as slippage, re-quotes, and latency?

[golbrb16]

ask questions to robot one at a time pls. hehe

[edoy]

ask questions to robot one at a time pls. hehe

loading.................pa ang robot

[jeroan88]

What is the logic of the robot?
Is it a grid based robot?
Is it a robot that uses indicators?
What indicators does it use?
Does it open a trade when all indicators suggest the rights conditions?
Does it use martingale?
How does it open orders?
Pending orders or market orders?
Is the robot customized to trade in a specific period of time?
What currency pairs are you forward testing?
Is there a link to the forward tests being conducted by the expert advisor?
Did you take real world situation into account such as slippage, re-quotes, and latency?

It is a grid based robot. robot is totally mechanical. It works on price movement only. It does not rely on any form of moving averages, bolanger bonds o r other form of indicator. It does hedging, scale trading, basket trading and a combination of all three at the same time. The parameters are set by the market price and that alone indicates where and how the robot makes its profit and places it's trades. It can be traded on any currency pair that you apply it to. The back testing of the robot is only use to first make sure that it doesn't blow a thousand dollar account and it should make between one and 300 percent per year. And once you have those settings finalized then you should not have any problems placing those settings on your real account.

[M.A.D.]

1 to 300 pct per annum? That's pretty conservative. Do you have a link to a live/demo account you are currently forward testing?

Also, I would not rely on backtests since they don't take many things into consideration such as slippages and latency and the spread a certain pair would have would be the previous spread it had when the backtest started. This is good for fixed spread accounts but can be misleading for variable spread accounts such as ECN and DMA accounts.

Forward testing is much better since the variable spreads can be taken into account, although it does have slippages and requotes and hitting prices off market when compared to real accounts. Still, it is much more reliable compared to backtests.

Anyway, for a robot that is totally mechanical like you said, it would work on micro accounts trading multiple currency pairs that are not totally correlated to each other. This does have less profit but the chances of getting a margin call are definitely low.

Are you running your robot on a VPS? And is it posting its results to a third party site such as mt4i or fxstat? Care to post the link here?

It is a grid based robot. robot is totally mechanical. It works on price movement only. It does not rely on any form of moving averages, bolanger bonds o r other form of indicator. It does hedging, scale trading, basket trading and a combination of all three at the same time. The parameters are set by the market price and that alone indicates where and how the robot makes its profit and places it's trades. It can be traded on any currency pair that you apply it to. The back testing of the robot is only use to first make sure that it doesn't blow a thousand dollar account and it should make between one and 300 percent per year. And once you have those settings finalized then you should not have any problems placing those settings on your real account.

[jeroan88]

1 to 300 pct per annum? That's pretty conservative. Do you have a link to a live/demo account you are currently forward testing?

Also, I would not rely on backtests since they don't take many things into consideration such as slippages and latency and the spread a certain pair would have would be the previous spread it had when the backtest started. This is good for fixed spread accounts but can be misleading for variable spread accounts such as ECN and DMA accounts.

Forward testing is much better since the variable spreads can be taken into account, although it does have slippages and requotes and hitting prices off market when compared to real accounts. Still, it is much more reliable compared to backtests.

Anyway, for a robot that is totally mechanical like you said, it would work on micro accounts trading multiple currency pairs that are not totally correlated to each other. This does have less profit but the chances of getting a margin call are definitely low.

Are you running your robot on a VPS? And is it posting its results to a third party site such as mt4i or fxstat? Care to post the link here?

You are absolutely right in all the aspects of trading that you brought forward, and when a person trades on a live a account they have to take into considerations all of those aspects also. The only benefit that back testing can show you is to find the sweet spots of where to place your pip spread and lot size. I am not particularly interested in batting a homerun in the first stages. I am interested only in the ea being successful in all the currencies that it trades on. And you are also right that 300 prcnt is very modest because in the reality in the backtest it can ranges high upto 2 -3000 prcnt in some cases.

I'm running a robot on a professional account with fixed spread. I am not posting it right now because it's still a working progress..

[jeroan88]

[QUOTE=M.A.D.;14947367]What is the logic of the robo

Is the robot customized to trade in a specific period of time?

the robot trades all currencies, all time frames and 24/5 days.

[M.A.D.]

Forward testing is much better since the variable spreads can be taken into account, although it does have slippages and requotes and hitting prices off market when compared to real accounts. Still, it is much more reliable compared to backtests.

Errata:

Forward testing is much better since the variable spreads can be taken into account, although it does NOT have slippages and requotes and hitting prices off market when compared to real accounts. Still, it is much more reliable compared to backtests.

Addendum:

Try trading GBPJPY, that is the acid test for any seasoned trader out there. It's the most difficult pair to trade with.