PimpMyEA


And The Winner Is…

moto360

Hi everyone,

June 5th has arrived and it’s time to announce the winner of a Motorola Moto 360 Smartwatch.

We extracted the name between the owners of the 90 licenses of ConcertoFX we sold so far.

But let’s come to the winners of this fantastic smartwatch… drum roll, please…

kr…78@gmail.com

Many compliments and thanks again to all those who decided to buy ConcertoFX.

There are still 10 licenses left with 33% off and 3 months of free Elite membership.

Probably this weekend we’ll release an updated version of ConcertoFX. Will give you all the information about it, when it’ll be available. It is under stress test now :)

Have a great weekend,

Andrea


ConcertoFX: Only 20 Copies Left

Hi everyone,

a short update about ConcertoFX.

In this moment there are only around 20 copies left with a 33% discount.

By being one of the first 100 you will also have a free 3 months of Elite membership ($39.99 value) giving you access to ALL the EAs and indicators available on PimpMyEA.com.

But you’ll also will have the chance to be the lucky winner of a fantastic brand new Motorola Moto 360 smartwatch!

Finally but not less important… ConcertoFX has started to be reviewed and tested by third party websites like BestEARobots.com.

After only 4 days of trading ConcertoFX is 14th in the top 40 EAs of their leaderboard. I’m sure that next week it’ll come up in the top 10.

That’s all for today.

Enjoy your Sunday,
Andrea


The Many Symphonies Of ConcertoFX 6

Concerto_Box_SmallHi everyone,

We released ConcertoFX only one week ago and we are receiving a lot of feedback and ideas about how to use it.

We anticipated that we are working on building a set of baskets to use it with.

Here’s a detailed list of those we came out with. Some of those are already on forward test, some will be started very soon.

ALL USD BASKET

This basket is made out of all the crosses with USD. Not only those made with the other 7 major currencies but with all those available in your platform.

Im my case (I’m using FinFX) the currencies used are:

  • AUDUSD
  • USDCAD
  • USDCHF
  • EURUSD
  • GBPUSD
  • USDJPY
  • NZDUSD
  • USDCNH
  • USDDKK
  • USDHUF
  • USDMXN
  • USDNOK
  • USDPLN
  • USDRUB
  • USDSEK
  • USDSGD
  • USDTRY
  • USDZAR

You can also add if you want:

  • XAUUSD
  • XAGUSD

COMMODITIES BASKET

I set this on FXPro as it does give you access to a larger number of commodities:

  • GOLD
  • SILVER
  • GOLDEURO
  • SILVEREURO
  • OIL
  • SOYBEAN
  • WHEAT

STOCKS and/or STOCK INDEXES BASKET

Again we’ll be working with FXPro as it gives you access to a large number of stocks and stock indexes.

We still haven’t created the forward account but we think we’ll add:

  • EURO STOXX
  • CAC 40
  • DAX 30
  • FTSE 100
  • SP500 Mini
  • NASDAQ
  • DOW JONES
  • NIKKEI

for the stock indexes.

But probably we’ll create baskets based on single stocks… any suggestion is welcome here. I don’t trade stocks since more than 15 years now and I’m interested in knowing what you think about it.

The kind of baskets you’ll be able to create will depend much on the instruments that your broker will make available on your MT4 platform.

Remember to adjust lot size so to keep risks as low as possible and to check for spreads and adjust the target profit as well.

In the coming days we’ll publish links to the forward test accounts of the above baskets.

This morning we also started testing it with different timeframes: both more long term and even short term (scalping approach).

Later this week we’ll release the update that will allow the use of the PotenzaFX indicator. Based on my test this should take ConcertoFX trading to an even higher level. But more about that in a few days. Unfortunately the use of PotenzaFX is restricted to the major Forex pairs so no Gold, stocks, etc.

I just want you to remind that only the first 100 copies of ConcertoFX will get:

  • Special price (33% off from regular price)
  • 3 months free Elite Membership (meaning that you’ll have free access to ANY EA and INDICATOR available in PimpMyEA.com now and for the next 3 months)
  • Partecipate to the extraction of a Motorola Moto 360 smartwatch

At the moment I’m writing only around 40 copies are left.

Have a great trading day,

Andrea


ConcertoFX: Ultimate Basket Trading EA 33% Off Now 18

Concerto_Box_Large

CONCERTO FX BUILDS PROFITS WITH AN ORCHESTRA OF TRADING INSTRUMENTS


Basket trading has always been one of our favorite trading strategies for being automated.

Nothing like an EA is able to manage a large number of instrument at the same time, and let them build profit all together until a target profit is reached.

That’s what ConcertoFX and that’s where its name came.

It checks a quite high number of crosses (by default 28) over a certain number of time frames (by default 6) for conditions to open trades in the trend direction.

That means checking conditions on a total of 168 charts!

For a human being that would be impossible. And that’s what EAs are made for. Trade strategies that only a software could trade.

ConcertoFX comes from months of human manual trend analysis over a limited number of instruments charts, that then have been applied to all the instruments made by the cross of the 8 major currencies (AUD, CAD, CHF, EUR, GBP, JPY, NZD and USD).

You can trade more or less.

For example you can add “exotic” crosses or reduce the set of instruments to only the 7 USD based crosses. You can use commodities like Gold, Silver and Oil or even add stocks or stock indexes for a full inter-market strategy.

It makes not difference for ConcertoFX as long as you have data for it to crunch!

WHY IS CONCERTOFX DIFFERENT FROM OTHER BASKET TRADING EAS?

What makes the difference between one basket trading strategy and the other are the rules for opening the orders.

ConcertoFX does a simple trend analysis but applied to multiple timeframes.

The main trend analysis we use is based on our beloved Heiken Ashi bars. We look at their “direction” over 6 timeframes (but you can choose more or less) and if all the timeframes are in the same direction, we open a trade in that direction.

Here’s an example screenshot showing an example analysis on NZDUSD over 6 timeframes where we can see that all the timeframes are short (and the EA opened a sell trade):

NZDUSD_6TF

It’s that simple.

By default the timeframes we use are from the 15M to the Weekly one so: 15M, 30M, 1H, 4H, D1, W1. If the Heiken Ashi bars are all red (short) we open a short trade. If the Heiken Ashi are all white (long) we open a long trade.

Multiply that for 28 pairs and you got the whole strategy.

The number of timeframes and mostly the lower timeframe taken used for trend calculation, determine how easy it’ll be to open trades. We suggest you not to go below 15M unless you want to try it to do some “scalping” by using lower timeframes. We haven’t tried it yet but it may be an interesting approach.

WHAT HAPPENS IF THE TREND CHANGES?

We consider a trend change when all the timeframes go in the opposite direction from the one that cause the first open order.

Well we have 3 options here:

  1. Hedging: opening an order in the opposite direction of the same lot size of the original one. That means that we lock the losses. So if for example we opened the first trade short with 0.1 lots, if the trend changes and goes in the opposite direction, we open a long one with 0.1 lots so that in total we have 0 lots open (-0.1 + 0.1 = 0). This is the default one.
  2. Hedging with Reverse: opening a new order with double the lot size of the first one. So if for example we opened the first trade short with 0.1 lots, if the trend changes and goes in the opposite direction, we open a long one with 0.2 lots so that in total we are now long 0.1 lots (-0.1 + 0.2 = +0.1)
  3. Close and Revert: this is the option that need to be chosen by all those with accounts not allowing hedging (USA citizens). Basically it is the equivalent of point 2.

ConcertoFX uses Heiken Ashi to calculate trend over all the timeframes.

Heiken Ashi means “average bar” in Japanese, and it’s a technique used to better focus on long term trends and not being distracted by short term ones. This is done by smoothing (averaging) bars OHLC values. Heiken Ashi are a very good way to regular smooth bars without adding lagging.

We are already working on adding the PotenzaFX indicator as a trend analysis indicator and the updated version will soon be available.

PERFORMANCES

We’ve been running it on our forward test account and performances are actually above 20% per month (26.5% in total now) with a REAL DD of maximum around 25%.

That means that after the first month of trading you’ll unlikely touch your initial account value, but it’ll work only using profits.

That is what we were aiming at and we reached our target.

Here is MyFXbook of the actual performances of the forward test account:

Concerto_1205

Concerto_Maggio

 

SPECIAL OFFER FOR THE FIRST 100 COPIES


For the first 100 copies only:

  • We’ll apply a 33% discount (-$80) over the regular price ($229,99).

33discount

But this time we want to do more…

  • You’ll also get a free 3 months Elite membership (value $39.99), giving you access to all our indicators and EAs available in PimpMyEA.com website.

elite_small


There are 0nly

4

copies left!


IF YOU ARE AN ELITE MEMBER


You’ll soon receive an email with all the instructions to download ConcertoFX for FREE! That’s why you are an Elite member 😉

If you don’t get the email within the next 24 hours, please check your spam folder or contact us.

WHAT YOU GET


  • ConcertoFX EA
  • ONLY FOR THE FIRST 100: 3 Months Of Elite Membership!
  • An online manual with detailed instructions
  • email support

Ready To Buy?

If you are interested in the ConcertoFX EA you can buy it from here.


 


concertofx_box_small
ConcertoFX EA (for MT4 – any Build version) – $149.99 (-33% off regular price $229,99)
The EA works on every MT4 platform.The license is for one live account and any demo account.

  • ConcertoFX EA
  • 3 months of Elite Membership
  • An online manual with instructions
  • Email Support

IMPORTANT

Contact us if you want to pay with Paypal.

Please review our Refund Policy