LMAX

Page 5 of 17 FirstFirst ... 3456715 ... LastLast
Results 41 to 50 of 162

Thread: Forex Megadroid Test Pilots Wanted!

  1. #41
    raa
    raa is offline Senior Member
    Join Date
    Feb 2010
    Location
    offline
    Posts
    2,391

    Default

    Quote Originally Posted by capsmart View Post
    Hello RAA and thank you for explanations.
    I did not have any trades from MD last night but I have it installed on IBFX that would not let me logging in. I contacted support and they told me they had a problem with their mini server (hmm convenient for them). When finally the server was working again maybe it was late for MD. Anyway because of the big move prices were staying still.
    I have had no luck with it as well - too much movements for it last night. One the other side, I have got my hands on a VPS from VPSLand and installed a platform there. I use LiteForex.org, so I have created two user accounts and put two MT4 with the same broker simultaneuosly in different sessions. I have created two new live lite accounts (LiteForex allow you to trade cents instead of dollars, so you can put 50 usd and have 5000 on account, which compensates for lack of 0.01 lots, which as available on normal accounts they have. Anyways, I created two accounts to clean-test in real environment both MD and Fusion. I funded MD account with 100 USD (10 000 balance in cents), and Fusion with 500 USD (50 000 balance). And I let it run with zero interference for the clean experiment. We will see.

  2. #42
    capsmart's Avatar
    capsmart is online now Forum Leader
    Join Date
    Jan 2010
    Location
    Kos, Greece
    Posts
    2,236

    Default 17 (night) Feb results

    5 pips profit. It took about 1h 30' to complete the trade.
    Raa I am really interested to see how fusion works. The add says it will produce 12 trades a day. If it is as profitable as they claim then in one month (depending on the account) you can pay for the robot AND your initial investment. Therefore you can let it run without risk.

  3. #43
    raa
    raa is offline Senior Member
    Join Date
    Feb 2010
    Location
    offline
    Posts
    2,391

    Default

    Quote Originally Posted by capsmart View Post
    5 pips profit. It took about 1h 30' to complete the trade.
    Raa I am really interested to see how fusion works. The add says it will produce 12 trades a day. If it is as profitable as they claim then in one month (depending on the account) you can pay for the robot AND your initial investment. Therefore you can let it run without risk.
    Mine took 4 pips over 1:35H at night. With my experimental (from the back test optimization) set up of 0.74 risk, it went to positive 2% profit.

    Fusion so far closed 4 trades and have 5 open. Current equity is about when it is started, so I hope it will close the first day with no loss. Most active is LMD, then SuperVulcano and then HighRider (which lost most at the first trade all robots try to recover now). Straasha and Neg are disabled (what was a point to include them anyways as during the competition they have won nothing or lost?).

  4. #44
    kbbjr's Avatar
    kbbjr is offline Member
    Join Date
    Jan 2010
    Location
    Springfield, MO. USA
    Posts
    20

    Default More Settings

    Hey guys,

    Just received an interesting email from J.J. Glenellis. He passed along a URL with Megadroid settings and results produced by a friend of his named Robert Den Beste. Apparently this guy tests robots very extensively. Here's the URL:

    http://www.simple4xsystem.net/megadroid.htm

    The above page will only be up for a week or so, FYI. The results are from a 5 year backtest, but Robert uses the settings on a live account as well. The settings are also contrary to Megadroid defaults.

    Hope you find this helpful.

    Take care, Kent

  5. #45
    raa
    raa is offline Senior Member
    Join Date
    Feb 2010
    Location
    offline
    Posts
    2,391

    Default

    Quote Originally Posted by kbbjr View Post
    Hey guys,

    Just received an interesting email from J.J. Glenellis. He passed along a URL with Megadroid settings and results produced by a friend of his named Robert Den Beste. Apparently this guy tests robots very extensively. Here's the URL:

    http://www.simple4xsystem.net/megadroid.htm

    The above page will only be up for a week or so, FYI. The results are from a 5 year backtest, but Robert uses the settings on a live account as well. The settings are also contrary to Megadroid defaults.

    Hope you find this helpful.

    Take care, Kent

    5 years, defaults produce better result. and that guy is so niiiice he even provided his receipt code for anyone who wants to use MD for free

  6. #46
    capsmart's Avatar
    capsmart is online now Forum Leader
    Join Date
    Jan 2010
    Location
    Kos, Greece
    Posts
    2,236

    Default Ouch !@@!

    63 pips loss in less than 6 minutes.
    Not bad after all. The move was 120 pips out of nowhere.
    For the last hour price was not moving and then BANG !!!
    It ate the profit of some weeks. Let's see if the revenge is going to work, but I think the robot is smart enough to understand that the move was not according to the "rules".

    I looked at FF and saw that the FED increased the interest rate by 0,25% without prior notice. Bad luck.
    Last edited by capsmart; 18-02-2010 at 11:26 PM.

  7. #47
    kbbjr's Avatar
    kbbjr is offline Member
    Join Date
    Jan 2010
    Location
    Springfield, MO. USA
    Posts
    20

    Default

    @raa

    Just throwing it out there bro. Do with it what you will.

    @capsmart

    That was brutal, huh? I had two trades. Got crushed on the first. The second clawed it's way back to about brake even and closed out. Up until this point I had 12 winners in a row, but the first loss dashed all profit.

  8. #48
    raa
    raa is offline Senior Member
    Join Date
    Feb 2010
    Location
    offline
    Posts
    2,391

    Default

    Quote Originally Posted by capsmart View Post
    63 pips loss in less than 6 minutes.
    Not bad after all. The move was 120 pips out of nowhere.
    For the last hour price was not moving and then BANG !!!
    It ate the profit of some weeks. Let's see if the revenge is going to work, but I think the robot is smart enough to understand that the move was not according to the "rules".

    I looked at FF and saw that the FED increased the interest rate by 0,25% without prior notice. Bad luck.
    Same story, 21:35 GMT, huge loss. One hour later small win, 10% of the loss. On back testing I have seen losses like this about 3-5 times only last year.

    When I was back testing I was looking for a strategy to switch it off when any big news are coming in Asian market or after big news in US market (although it does not start trading immediately at session open, so should avoid any gaps problems, etc). The rate change came out of nowhere, euro plunged.

  9. #49
    raa
    raa is offline Senior Member
    Join Date
    Feb 2010
    Location
    offline
    Posts
    2,391

    Default

    Quote Originally Posted by kbbjr View Post
    @raa

    Just throwing it out there bro. Do with it what you will.

    @capsmart

    That was brutal, huh? I had two trades. Got crushed on the first. The second clawed it's way back to about brake even and closed out. Up until this point I had 12 winners in a row, but the first loss dashed all profit.
    Thanks man, no offense meant.

  10. #50
    richardnixon is offline Junior Member
    Join Date
    Feb 2010
    Posts
    12

    Default other pairs

    Hi:

    New to megadroid and the forum. I'm just starting to do some back testing on the EURUSD. Has anyone had a chance to try megadroid on some other pairs?

Page 5 of 17 FirstFirst ... 3456715 ... LastLast

Similar Threads

  1. Forex Megadroid EA Review and Performance
    By pharoh777 in forum Omar's Portfolio & Settings
    Replies: 3
    Last Post: 11-01-2012, 06:42 PM
  2. Successful Forex Traders Wanted
    By marc walton in forum Announcements
    Replies: 0
    Last Post: 06-08-2011, 09:45 AM
  3. Replies: 8
    Last Post: 14-07-2011, 10:51 AM
  4. A Review of Forex Megadroid
    By Jay Hawk in forum Forex Robots
    Replies: 1
    Last Post: 24-01-2010, 10:30 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •