Forecast EURUSD – Poll for the 25th May 2012 is Open

No Comments »Written on May 18th, 2012 by Paolo
Categories: PimpMyEA

You’re invited to take part in our “Social Forecast Trading System” answering to the poll below. Click this link to read the Rules.


The POLL is currently OPEN


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LiveEAs Weekly Report – May 13 ’12 – May 18 ’12

2 commentsWritten on May 20th, 2012 by Paolo
Categories: Expert Advisors, PimpMyEA


Weekly Report

Weekly Report

Ciao a tutti,
last week (from Sunday 13th of May to Friday 18th of May) our EA portfolio had a slightly positive performance, with PL (Profit&Loss) rising from +81.25% to +84.23%. We had 2 winners and 3 losers, but the overall performance was determined as usual by IrisFX which pocketed a sizeable +13.69% (after the exceptional +47.66% reported last week). The overall PL for the week was +2.98%.
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Here is the usual table describing the performance of our EA portfolio:
Robot Name Last Week PL Monthly PL Profit Factor Max DD
Crescendo 0.00% 1.27% 1.19 31.15%
Forex_Combo 0.00% 0.46% 1.06 12.95%
FxVooDoo -7.17% -5.76% 0.80 69.72%
IrisFX 13.69% 6.75% 1.13 40.52%
LeoTrader_Pro -3.31% -0.89% 0.57 17.22%
SilverEA -0.36% -2.93% 0.80 42.46%
WallStreet 0.13% 0.92% 1.09 14.00%
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Winner of Poll for the 18th May 2012

No Comments »Written on May 19th, 2012 by Paolo
Categories: PimpMyEA

Salve a tutti,

first of all thanks to everyone who spent  time to participate in our Poll for the “Social Forecast Trading System” last week.

You can check the Poll Results here.

If you haven’t done it yet, remember to vote for this week poll here. It takes a second and can be worth $25!

The more votes, the more reliable the results will be. We want to develop a real profitable trading system based on that approach and we definitely need your help :)

But let’s come to the winner of the weekly forecast pool… drum roll, please…

jono…..@gmail.com

is the winner of the “Forecaster of the Week” drawing.

Congratulations for winning a $25 coupon ;-)

The email address is not displayed entirely for privacy reasons ;) The winner has been notified via email.

Please read the Poll Rules to understand how coupons can be used.


VoxPopuli, VoxDei

VoxPopuli” (a demo account with 10K USD starting balance) trades EURUSD following what the majority of people voted.

VoxDei“(a demo account with 10K USD starting balance) trades EURUSD following what the minority of people voted.

The lot size of trades in these accounts is adjusted week by week at the re-open of the market.

Here are the performances of the accounts after 18 weeks:

  • VoxPopuli -$1004.54
  • VoxDei +$690.46

So far VoxPopuli has won 7 times and VoxDei has won 10 times out of 18 weeks (one poll ended at 50%-50%) . At the end of all the past 18 weeks VoxDei has always reported an equity bigger than VoxPopuli. Let’s see what happens this week and the weeks ahead.

You can now look at VoxPopuli/VoxDei accounts performances in real time:

Don’t forget there is a Poll open right now for forecasting the price of EURUSD for the 25th of May 2012!!!

The weekly $25 coupon is waiting for you :)

The poll closes Sunday night at 21PM GMT.

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ReticoloFX: Another Great Day With +750 Pips Profit… So Far!

21 commentsWritten on May 17th, 2012 by Andrea
Categories: Blog, Expert Advisors, Trading Systems

Salve a tutti,

just a quick update to ReticoloFX stats we published yesterday.

Now we are at a total of 7344.9 pips banked by the 8 demos running. So they closed +750 only today!

5 out of 8 did close all the trades at least one time. Every time they bank around 100 pips ($100 with 0.1 lots).

So here’s the summary with all the equity lines:

That’s all for today.

A presto,

Andrea

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+6593 Pips In 3 Weeks… And Counting!

27 commentsWritten on May 16th, 2012 by Andrea
Categories: Expert Advisors, PimpMyEA

Salve a tutti,

I already started talking about a fully automatic strategy I’ve been working lately. I worked hard on it and I can say that it is finished.

Its name is “ReticoloFX“. “Reticolo” in Italian means “grid”.

It is running on 8 demo accounts since April 23rd and today I want to show you for the first time the results.

A sneak preview of the whole set of EAs:

As you can see ReticoloFX has pocketed a grand total of +6592.7 pips since inception.

Some of the account have even less than 3 weeks. Some are 2 or even only one week old.

The strategy is based on grid trading so it is totally mathematical and automatic.

Differently from the usual grid EAs, ReticoloFX uses a pyramiding strategy, so it adds positions while riding a winning trend. The strategy runs simultaneously on a specific set of currency pairs. If the set is composed of N pairs, than the strategy requires N EAs running on N charts. Each strategy runs independently from the other. Every strategy keeps busy monitoring exclusively the total profit of all its currency pairs. When it reaches a predefined target profit, all the EAs on all the charts of the set, close their trades at the same time. Ready to restart trading again.

The grid step is not fixed but based on volatility. So in periods with a higher volatility, steps are wider. Vice versa, in periods with lower volatility steps are smaller. Also the grid adapts to the average daily range of each pair. We know that there are pairs that on average move more than others. All is made to optimize profits and make the EA automatically adapt to the pair characteristics and to the period volatility.

Forward testing suggests that this approach works great :)

Another very important thing are the set of pairs.

We have 8 distinct trading systems, each of them implementing the same basic strategy described above, but applied to a different set of pairs.

The set of pairs is chosen according to a “basket” or “ring” logic.

Baskets are composed of all the major pairs related to a specific currency. We have two baskets running at the moment: USD and JPY. As an example the USD basket is composed of AUDUSD, USDCAD, USDCHF, EURUSD, GBPUSD, USDJPY and NZDUSD. So 7 pairs for each basket. Each ReticoloFX basket requires 7 EAs running simultaneously on a MT4 platform.

Rings instead are composed of all the pairs coming from the combination of 3 currencies. We have 6 rings now running but we are trying to “find” other ones that are profitable. As an example the CHF/EUR/USD ring is made of EURUSD, EURCHF and USDCHF. So 3 pairs only for each ring. Each ReticoloFX ring requires 3 EAs running simultaneously on a MT4 platform.

Here are the equities of each of the 8 trading systems running:

We need to test ReticoloFX a little more, but we’d like to release it before the end of May. So maximum a couple of weeks from now.

So be patient :D We’ll keep you updated!

Andrea

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