Archive

Posts Tagged ‘cheers’

Holy Sweet Mother of… MegaDroid Pro Makes Some Significant Trades Finally!

August 13th, 2009 Sam J No comments

543 (Small)I know what you’re thinking…

I post in the middle of the week?

Not normal considering the past month right?

Well, Megadroid finally made some significant trades last night.

3 in fact; 1 x EURCHF and 2 x USDJPY

Total of 40 pips; 10 pips for EURCHF and 9 + 21 pips for USDJPY

They were all shorts both in the sense that they were sells, PLUS they were actually really short trades in time.

That’s $10.74 + $25.72 + $11.13 = $47.59 and I’m now another 5% closer to my $1000 target!

If you’re considering giving MegaDroid Pro a go, email me and I’ll get you hooked up with the EA ;)

samjovanou@gmail.com

Cheers

Sam J

MegaDroid Pro EUR/GBP

July 24th, 2009 Sam J No comments

Logic = 3

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 4.31

EURGBP

As I’m sure you can see, the last months were hardly profitable, which indicates to me that this strategy was created using older data that isn’t valid in the current market conditions.

Of one thing I am sure though, this pair is not profitable with this robot in these current conditions.

Here is the last few months ‘zoomed’ in to give you a clear understanding of the conditions:

EURGBP zoom

1.44 Profit Factor

Conclusion

I’ll not be accepting EUR/GBP unless conditions change back to as they were a few months ago, OR if MD is updated to suit the current market.

Cheers,

Sam J

MegaDroid Pro EUR/CHF

July 24th, 2009 Sam J No comments

Logic = 2

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 3.18

EURCHF

Conclusion

As expected (As one of the main MD Pro pairs), EUR/CHF did particularly well in backtesting.

Now to see how it fairs in forward testing, HELLO EUR/CHF, come join the party :D

Cheers,

Sam J

MegaDroid Pro USD/CAD

July 24th, 2009 Sam J No comments

Don’t like this pair. With MD Pro it’s a very shaky line.

I’d rather avoid this pair for now.

Cheers.

MegaDroid Pro GBP/CHF

July 24th, 2009 Sam J No comments

Logic = 4

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 5.24

GBPCHF

Conclusion

Little bit rocky towards the end of the graph there, but I’m keen to give it a go anyway.

Probably the potentially most profitable pair so far, but MT4 has a very dodgey strategy tester, so I’m not relying on it.

Best way to know for sure is to give it a go in the open world.

Say hello to the next pair to join the elite team.

Cheers,

Sam J.

MegaDroid Pro EUR/JPY

July 24th, 2009 Sam J No comments

Has one massive unavoidable loss on logic 1, but logic one performs best if you turn the blind-eye to this loss.

Still, that’s not possible, so I’m giving this pair a miss too.

Cheers.

MegaDroid Pro GBP/USD

July 24th, 2009 Sam J No comments

This pair fails to do good enough to make my elite team :D

Although it did best on logic 4.

I won’t even waste time uploading the results, just trust me ;)

Cheers.

Robot Adjustment – Welcome MegaDroid Pro

July 16th, 2009 Sam J No comments

OK, well every day is a new day, and it just so happens that today is the day i welcome MegaDroid Pro into my Forex robot list.

This robot trades 4 pairs:

EUR/USD

EUR/CHF

EUR/GBP

USD/CAD

I have it set up on the three EUR pairs with risk levels at: | EUR/USD = 0.6 | EUR/CHF = 0.4 | EUR/GBP = 0.2 |

I had EUR/USD with the old MegaDroid at 0.3 risk level, BUT with this new one, it spreads the risk relative of the amount of pairs you are trading.

I am trading 3 pairs, so it splits the risk by 3. ie. Total risk level over the pairs is 0.6 + 0.4 + 0.2 = 1.2 / 3 = 0.40

I’ve decided to focus on this robot for now, and have removed FAPt EUR/CHF, even though it performed brilliantly last night. (Will show you at the end of the week)

The next trades will be 0.08, 0.05 and 0.03 in Lot Size respectively, so it’s nothing I don’t normally risk.

I’m not one to jump into something without really thinking about it, and I’m ready to put it live.

So, catch up soon for my results :D

Cheers,

Sam J