WorldWideEarn » logic

New Pairs Added to Elite MegaDroidPro LineUp

Sam J — Fri, 28 Aug 2009 00:01:13 +0000

Well I was sick of not seeing any trades.

Sure I was getting a 100% win rate, but what’s the fun in that if you only get 1 trade per week?

Soooo, I went ahead and checked out what pairs have been performing well with which logics, and after alot of studying of other’s forward-testing and my own backtesting, I’ve come to the conclusion to go from 3 pairs (EURUSD, EURCHF, USDJPY) to 6 pairs (EURUSD, EURCHF, USDJPY, GBPCHF, GBPUSD, USDCAD).

I’ve found that the pairs that I have added actually performed better then my previous ’safe’ three pairs over the past couple of months, and even before then.

My risk was already tooo high trading 0.1 lots, so I have halved the risk to 0.05 lots, although I’m trading double the amount of pairs I was before.

Even so, it’s very rare that MD will open trades on multiple pairs at the same time, so I feel I have effectively halved my risk.

I’m excited o see how things pan out from now on.

I’m going to have to get used to the idea of losing trades being a normal part of the day with alot of these fluctuant pairs, but I’m confident I’ll get back in the game.

Happy Trading,

Sam J

MegaDroid Pro USD/CHF

Sam J — Fri, 24 Jul 2009 07:45:43 +0000

Logic = 4

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 2.03

Conclusion

This pair is looking a little bit like EUR/GBP in that the logic used to trade this pair was built using data during an older period.

Shows solid balance increase from the start to near the last few months, where it looks quite bad.

As far as I’m concerned, It’s not solid enough for this trading window.

I’m going to avoid this pair for now until either the logic is re-done, or the trading conditions slip into their old fashion.

That’s it for now,

Happy Trading,

Sam J.

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

MegaDroid Pro EUR/CHF

Sam J — Fri, 24 Jul 2009 07:07:08 +0000

Logic = 2

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 3.18

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

Cheers,

Sam J

MegaDroid Pro GBP/CHF

Sam J — Fri, 24 Jul 2009 06:38:38 +0000

Logic = 4

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 5.24

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

Sam J — Fri, 24 Jul 2009 06:17:30 +0000

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

Sam J — Fri, 24 Jul 2009 06:10:25 +0000

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

Although it did best on logic 4.

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

Cheers.

MegaDroid Pro EUR/USD

Sam J — Fri, 24 Jul 2009 05:40:16 +0000

Logic = 1

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 5.40

VS

Logic = 1

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 3.18

SUMMARY

When comparing the EUR/USD pair, a simple change of the aggressive setting can result in a large difference to both your own mindset with it trading, and also to your pocket.

In saying this, the much lower maximal drawdown of the non-aggressive setting far outweighs the extra NET profit of the aggressive setting.

CONCLUSION

So in conclusion, I’ll be using EUR/USD without recovery mode on, nor with aggressive mode on.

I’ll keep testing pairs and hopefully find the most powerful set and put them into action ASAP.

Happy Trading,

Sam J