Discuss GoodRobot.org

[solasales@94]

As long as it is configured appropriately for the specific currency's volatility, who cares if it uses martingale? There are millions of traders successfully using this approach...the trick is not to get too greedy....that's where it goes wrong.

My two cents

 

[solasales@94]

So guys...again....is there a way to test this EA? Is there a demo?

I was considering closing down this EA in the last 36 hours as it took the account in to a high exposure position, I come in this morning and the position has improved somewhat. BUT I did notice this on the Goodrobot EA seller live account statement...

88164442	2020.06.03 18:51	balance	Deposit WMWAL USD 29041209​	5 658.41	0
188164479	2020.06.03 18:51	balance	BS PS WM com 29041488​	425.90	0
	0.00	0.00	-17.14	8 377.50	1110
Closed P/L:​	8 360.3​

He has deposited $6084.31 on the 3rd of June 3 days ago to what can only be a prop up of the funds to secure the account to keep it going, with out it may have been margin called as the margin was about 66% of the total fund plus the current float. So we had a floating position of minus $8871.51 and an actual balance of minus $411.15 if the deposits were not made the account would have been closed by the broker. Please correct me if I am wrong

 

[solasales@94]

anyone use this service? The back-test seems very good

I was considering closing down this EA in the last 36 hours as it took the account in to a high exposure position, I come in this morning and the position has improved somewhat. BUT I did notice this on the Goodrobot EA seller live account statement...

88164442	2020.06.03 18:51	balance	Deposit WMWAL USD 29041209​	5 658.41	0
188164479	2020.06.03 18:51	balance	BS PS WM com 29041488​	425.90	0
	0.00	0.00	-17.14	8 377.50	1110
Closed P/L:​	8 360.3​

He has deposited $6084.31 on the 3rd of June 3 days ago to what can only be a prop up of the funds to secure the account to keep it going, with out it may have been margin called as the margin was about 66% of the total fund plus the current float. So we had a floating position of minus $8871.51 and an actual balance of minus $411.15 if the deposits were not made the account would have been closed by the broker. Please correct me if I am wrong

 

[solasales@94]

I have been using this from 30/04/2020 but totally different SL and TP compared to the test done by FPA with close to 0 profit ,from 3 trades on the 30/04/2020 and also i currently have 4 trades they have put on, which are all in neg at the moment

I was considering closing down this EA in the last 36 hours as it took the account in to a high exposure position, I come in this morning and the position has improved somewhat. BUT I did notice this on the Goodrobot EA seller live account statement...

88164442	2020.06.03 18:51	balance	Deposit WMWAL USD 29041209​	5 658.41	0
188164479	2020.06.03 18:51	balance	BS PS WM com 29041488​	425.90	0
	0.00	0.00	-17.14	8 377.50	1110
Closed P/L:​	8 360.3​

He has deposited $6084.31 on the 3rd of June 3 days ago to what can only be a prop up of the funds to secure the account to keep it going, with out it may have been margin called as the margin was about 66% of the total fund plus the current float. So we had a floating position of minus $8871.51 and an actual balance of minus $411.15 if the deposits were not made the account would have been closed by the broker. Please correct me if I am wrong

 

[Pheniox123]

Hi there,

It seems like you used an EA to write this post (you submitted it multiple times ).

I too got stuck on that EURUSD crazy ride and hoping to come out of it. Luckily it was my manual madness so I could try to do something about it.

My personal EA didn’t get stuck on the EURUSD but did get stuck on the GBPJPY crazy ride (hoping it can recover). This was due to my own fault as the EA did stop and warned me of the strange pattern in the trend but foolishly I didn’t listen and made it continue (which is something I regret now).

My point is that no matter what EA you have it will at some point get into a sticky situation. The golden mechanism that the EA has to have is some king of hedging or failsafe trigger. I haven’t mastered this yet on my EA either so it’s a trial and error process at the moment. Best of luck with this EA and hope things settle next week (for the sake of both of us).

Thanks
Pheniox

 

[sam.peters]

I was considering closing down this EA in the last 36 hours as it took the account in to a high exposure position, I come in this morning and the position has improved somewhat. BUT I did notice this on the Goodrobot EA seller live account statement...

88164442	2020.06.03 18:51	balance	Deposit WMWAL USD 29041209​	5 658.41	0
188164479	2020.06.03 18:51	balance	BS PS WM com 29041488​	425.90	0
	0.00	0.00	-17.14	8 377.50	1110
Closed P/L:​	8 360.3​

He has deposited $6084.31 on the 3rd of June 3 days ago to what can only be a prop up of the funds to secure the account to keep it going, with out it may have been margin called as the margin was about 66% of the total fund plus the current float. So we had a floating position of minus $8871.51 and an actual balance of minus $411.15 if the deposits were not made the account would have been closed by the broker. Please correct me if I am wrong

Appreciate the updates Solas.
Pretty wild - have they issued a statement on this?

 

[Robert.pro]

I was considering closing down this EA in the last 36 hours as it took the account in to a high exposure position, I come in this morning and the position has improved somewhat. BUT I did notice this on the Goodrobot EA seller live account statement...

88164442	2020.06.03 18:51	balance	Deposit WMWAL USD 29041209​	5 658.41	0
188164479	2020.06.03 18:51	balance	BS PS WM com 29041488​	425.90	0
	0.00	0.00	-17.14	8 377.50	1110
Closed P/L:​	8 360.3​

He has deposited $6084.31 on the 3rd of June 3 days ago to what can only be a prop up of the funds to secure the account to keep it going, with out it may have been margin called as the margin was about 66% of the total fund plus the current float. So we had a floating position of minus $8871.51 and an actual balance of minus $411.15 if the deposits were not made the account would have been closed by the broker. Please correct me if I am wrong.

Yes you wrong )
it RUR account not USD.

 

[solasales@94]

Yes you wrong )
it RUR account not USD.

Thanks Rob it seemed a lot now clearer

 

[ticksquick]

I was considering closing down this EA in the last 36 hours as it took the account in to a high exposure position, I come in this morning and the position has improved somewhat. BUT I did notice this on the Goodrobot EA seller live account statement...

88164442	2020.06.03 18:51	balance	Deposit WMWAL USD 29041209​	5 658.41	0
188164479	2020.06.03 18:51	balance	BS PS WM com 29041488​	425.90	0
	0.00	0.00	-17.14	8 377.50	1110
Closed P/L:​	8 360.3​

He has deposited $6084.31 on the 3rd of June 3 days ago to what can only be a prop up of the funds to secure the account to keep it going, with out it may have been margin called as the margin was about 66% of the total fund plus the current float. So we had a floating position of minus $8871.51 and an actual balance of minus $411.15 if the deposits were not made the account would have been closed by the broker. Please correct me if I am wrong

Did you not read my posts Mr Solasales, I posted to everyone that this is a high risk Martingale strategy which will cause high draw down. It only traded for one week out of the first 4 weeks that I ran it, so it does not trade that much. For me I am not comfortable with trading my own money based on a high risk strategy, but if you are okay with draw down over 50% then dont worry be happy.

 

[Robert.pro]

Hi there,

It seems like you used an EA to write this post (you submitted it multiple times ).

I too got stuck on that EURUSD crazy ride and hoping to come out of it. Luckily it was my manual madness so I could try to do something about it.

My personal EA didn’t get stuck on the EURUSD but did get stuck on the GBPJPY crazy ride (hoping it can recover). This was due to my own fault as the EA did stop and warned me of the strange pattern in the trend but foolishly I didn’t listen and made it continue (which is something I regret now).

My point is that no matter what EA you have it will at some point get into a sticky situation. The golden mechanism that the EA has to have is some king of hedging or failsafe trigger. I haven’t mastered this yet on my EA either so it’s a trial and error process at the moment. Best of luck with this EA and hope things settle next week (for the sake of both of us).

Thanks
Pheniox

Not only you stuck on that EURUSD crazy ride and hoping to come out of it.
I lost 6 advisers this month.
This one gave me max DD about 50%, but continues to live. I hope everything is settled