WorldWideEarn » eurgbp

MegaDroid Pro EUR/GBP

Sam J — Fri, 24 Jul 2009 07:21:12 +0000

Logic = 3

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 4.31

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:

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

Week Ending 18th of July

Sam J — Mon, 20 Jul 2009 08:47:40 +0000

How was the week?

Well in the general forex world there was some upsets in the major pairs.

Fortunately, my profits for the week far outweighed my losses from the upsets.

NET profit of $30.24 for the week. For an upsetting week to turn out almost as good as a normal week for me makes me quite happy

Probably worth noting that for the next week, I’ll likely only run EUR/USD and EUR/CHF pairs with MegaDroid Pro, both pairs at 0.50 risk.

I’d rather focus on these two pairs for now, until I know I’m happy.

Catch you all soon,

Happy Trading,

Sam J

Forex Results – June

Sam J — Fri, 03 Jul 2009 07:20:14 +0000

Only made a NET profit of $13.18 over the dirty month of June

I have my reasons though and am happy enough not to have been in a loss.

Firstly, my computer was buggered for pretty much the entirety of June, and there was a few shockers in the market with the pairs I was trading too, so really…

All in all I’m still happy.

Without Further A due:

Happy Trading,

Sam J

In’s and Out’s

Sam J — Thu, 28 May 2009 15:05:06 +0000

OK, a big update here.

LMT is GONE because I can’t handle it’s bugginess currently.

Later on I’ll give it another go, probably in a month or two when a newer version is ready.

I’ve been searching for a good scalper over the past week, and found nothing.

After throwing away FAPt, I have learnt INCREADIBLE amounts about the forex market and how to optimize the EAs.

Sooooooo, I decided to pull FAPt back off the dusty old shelves and try a little FAPt optimizing.

Here is what I have come up with.

INs and OUTs

Out:

LMT Formula:

Can’t be bothered dealing with its bugs and the manual aspect.

Besides, there are many other, better, semi-manual EAs out there.

In:

MegaDroid v1.11:

Version=1.11

Stealth=TRUE

Aggressive=TRUE

GmtOffset=2.00000000

AutoGmtOffset=TRUE

RiskLevel=0.30000000

RecoveryMode=1

Euro-Blaster

TradeStartHour=18

TradeEndHour=22

MaxOrder=5

TakeProfit=25.00000000

StopLoss=200.00000000

FAP Turbo (FAPt)

EURGBP (Running Two Instances for Different Time Periods):

UseScalperStrategy=TRUE

Scalper_UseMM=TRUE

Scalper_LotsRiskReductor=11.00000000

Scalper_UseAutoGMToffset=0

Scalper_ManualGMToffset=2

Scalper_StartWorkTimeHour=2

Scalper_EndWorkTimeHour=5

Scalper_EURGBP_TakeProfit=6

Scalper_EURGBP_StopLoss=28

Scalper_UseCustomLevels=0

Scalper_MaxSpread=5.00000000

UseScalperStrategy=TRUE

Scalper_UseMM=TRUE

Scalper_LotsRiskReductor=11.00000000

Scalper_UseAutoGMToffset=0

Scalper_ManualGMToffset=2

Scalper_StartWorkTimeHour=20

Scalper_EndWorkTimeHour=1

Scalper_EURGBP_TakeProfit=6

Scalper_EURGBP_StopLoss=28

Scalper_UseCustomLevels=0

Scalper_MaxSpread=5.00000000

EURCHF

UseScalperStrategy=TRUE

Scalper_UseMM=TRUE

Scalper_LotsRiskReductor=11.00000000

Scalper_UseAutoGMToffset=0

Scalper_ManualGMToffset=2

Scalper_StartWorkTimeHour=20

Scalper_EndWorkTimeHour=1

Scalper_EURCHF_TakeProfit=5

Scalper_EURCHF_StopLoss=53

Scalper_UseCustomLevels=0

Scalper_MaxSpread=5.00000000

——————————–

Looking foward to giving FAPt a second chance

Happy Trading,

Sam J