I got mine also
However, my concern with it is the same as with v 2.0. I've had very good results with version 1, and my one gripe with v 2 and v 3 is that when the bell goes off, it stops opening additional pending orders. Now I suppose some might consider that a safety measure so you don't dig yourself in deeper & deeper. But the whole point of this thing seems to be that you keep averaging down, so that when that snap-back eventually comes you don't need to recover quite so large a distance. It's been pointed out that v 3 only has a 1.5 month backtest history, but these guys have been using v 1 for 6 months without issues, though there was one case where they opened a set of positions during the London session & wound up having to hold for 10 days before it closed profitably. To the best of my knowledge they never got a margin call & wiped out the account.
I wish they'd come up with a version that does what I do manually with version 1. I set it running precisely 15 minutes before NY close every day. Basically when prices are about where they'll wind up but before the spreads go crazy with rollover. I set the alarm for about 1:45 central time in the US (15 minutes before London opens) & look at things. If it's not in a trade, I kill it, remove the pending orders & go back to bed. If something's going on, I just let it run, turn on CNBC world in the bedroom (muted, of course), figure out the price where things will close profitably and sleep with one eye open watching the cable bug on cnbc. When the snap back comes (if it comes), I head back downstairs & switch things off. If not, I let it run to conclusion keeping an eye on it every now & again. In only one instance did things not finish off before NY open or shortly thereafter.
Now, I've had one recent instance where it ran to 15 open positions & a huge draw down, but eventually, even in that case it closed profitably. I was glad I was running 200:1 leverage that time. I made about $11K on a live account in just over a month starting with $57K. 70% winners, and a profit factor in the neighborhood of 3. I had to move accounts just now thanks to the CFTC, and am waiting for my money to hit my new live account before resumption. But in demo trading the past week, even getting caught with an open trade for a couple days, it's been profitable. This is work, and it would be nice to automate it.
However, my concern with it is the same as with v 2.0. I've had very good results with version 1, and my one gripe with v 2 and v 3 is that when the bell goes off, it stops opening additional pending orders. Now I suppose some might consider that a safety measure so you don't dig yourself in deeper & deeper. But the whole point of this thing seems to be that you keep averaging down, so that when that snap-back eventually comes you don't need to recover quite so large a distance. It's been pointed out that v 3 only has a 1.5 month backtest history, but these guys have been using v 1 for 6 months without issues, though there was one case where they opened a set of positions during the London session & wound up having to hold for 10 days before it closed profitably. To the best of my knowledge they never got a margin call & wiped out the account.
I wish they'd come up with a version that does what I do manually with version 1. I set it running precisely 15 minutes before NY close every day. Basically when prices are about where they'll wind up but before the spreads go crazy with rollover. I set the alarm for about 1:45 central time in the US (15 minutes before London opens) & look at things. If it's not in a trade, I kill it, remove the pending orders & go back to bed. If something's going on, I just let it run, turn on CNBC world in the bedroom (muted, of course), figure out the price where things will close profitably and sleep with one eye open watching the cable bug on cnbc. When the snap back comes (if it comes), I head back downstairs & switch things off. If not, I let it run to conclusion keeping an eye on it every now & again. In only one instance did things not finish off before NY open or shortly thereafter.
Now, I've had one recent instance where it ran to 15 open positions & a huge draw down, but eventually, even in that case it closed profitably. I was glad I was running 200:1 leverage that time. I made about $11K on a live account in just over a month starting with $57K. 70% winners, and a profit factor in the neighborhood of 3. I had to move accounts just now thanks to the CFTC, and am waiting for my money to hit my new live account before resumption. But in demo trading the past week, even getting caught with an open trade for a couple days, it's been profitable. This is work, and it would be nice to automate it.
Last edited: