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FusionForexRobot.com (Jamie)

Discussion in 'Forex Software' started by Administrator, Jun 17, 2011.

  1. Administrator

    Administrator Just Administrator :-)

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  2. fpajbentz

    fpajbentz Recruit

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    FusionForexRobot - works if you're careful

    The robot has been upgraded to allow any lotsize, vs the original that had fixed lots for three versions, full lot, mini lot or micro lot.
    this EA works like ForexHacked, it opens subsequent trades at higher lot size as the price moves against the trade. It depends (if the trend is moving against you) on a pullback or trend reversal to get out of the drawn down trades.
    I blew out a couple demo accounts trying too high of lot sizes to make faster profit, so what I've learned is for account <$10,000, 0.05 lots is as high as you should go. I have it on live "nano" account of $20,000 and lotsize of 0.5. That's about as agressive as it will take.
    Example, recent swing down in GBPUSD, it was in 4 long trades, started at 0.3 lots, then 0.6, 0.9 and 1.2 lots. Now its got 3 lots open and the MarginLevel got as low as 400%. Fortunately, we're having a pull back and the Margin Level has come up to 530%. In negative open trades of -$3402.

    So, if you use this one, leave a LOT of headroom. Attached is the report summary of its performance so far.
     
  3. fpajbentz

    fpajbentz Recruit

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    Missed the attachment, I'm having trouble attaching it sorry.
    Here is cut/paste details:
    Summary:
    Deposit/Withdrawal: 0.00 Credit Facility: 0.00
    Closed Trade P/L: 2 902.05 Floating P/L: -3 492.61 Margin: 4 900.74
    Balance: 29 387.09 Equity: 25 894.48 Free Margin: 20 993.74

    Details:

    Gross Profit: 6 040.66 Gross Loss: 3 138.61 Total Net Profit: 2 902.05
    Profit Factor: 1.92 Expected Payoff: 32.98
    Absolute Drawdown: 0.00 Maximal Drawdown: 790.00 (2.82%) Relative Drawdown: 2.82% (790.00)

    Total Trades: 88 Short Positions (won %): 24 (66.67%) Long Positions (won %): 64 (64.06%)
    Profit Trades (% of total): 57 (64.77%) Loss trades (% of total): 31 (35.23%)
    Largest profit trade: 536.29 loss trade: -317.19
    Average profit trade: 105.98 loss trade: -101.25
    Maximum consecutive wins ($): 6 (113.00) consecutive losses ($): 4 (-790.00)
    Maximal consecutive profit (count): 691.09 (3) consecutive loss (count): -790.00 (4)
    Average consecutive wins: 3 consecutive losses: 2
     

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