MoneyBull

Hi!

I will start only posting the monthly results here without graphs from now on. And will give cumulative results in my Quarterly reports.

On another note, one word to sum up June for trading: Ouch!

Here are the results for June 2010 for Fxopen:

ACG: -439
AFG: +68.21
Dragon EUR/USD: 152
Dragon GBP/USD: 85
H4: -923.77
Tom: -47.44
Gator: +270

H4 took a beating, very dissapointing. The only two robots that I trust now are AFG and Dragon. Gator has a big stop-loss so I don’t really feel comfortable with it despite the good results.

Now here are the results for June 2010 for FXDD:

ACG: -915 (DROPPED)
AFG: +69.17
Dragon EUR/USD: +120
H4: -676.03
Tom: -18.58
Gator: 300

Again, pretty much the same. I am dropping ACG, it is simply not working on this platform.

Have a good day,

Ben

Hi!

These are the results from May 2010. I am happy to announce that I will be putting money in my FxOpen account in June and will start trading LIVE in June or July. I think 6 months is enough to see if a robot is profitable or not. But I will still continue to test them on a demo account, mainly to compare.

Here are the results for May 2010 for Fxopen:

ACG: +155
AFG: +183.48
Dragon EUR/USD: -99
Dragon GBP/USD: -65
H4: -57.82
Tom: +177.47
Gator: +259

Cumulative from December 2009 to May 2010:

ACG: +107
AFG: +280.28
Dragon EUR/USD: +112
Dragon GBP/USD: -60
H4: +621.97
Tom: -48.71
Gator: +799

I had technical difficulties with H4 which I believe is why it got a loss. Dragon GBP/USD is not very profitable, it has been creating profit on and off. I might consider dropping it. I still have a feeling that ACG is not my kind of robot, but we will see. AFG made huge progress. I’m disappointed in the loss from Dragon EUR/USD. I guess it wasn’t the month for Dragon. Gator is performing extremely well but also has a stop-loss of 500, so we will see. Tom made me smile with that big recovery.

The only 2 robots I would feel comfortable putting live are AFG and H4 at the moment. Gator is very profitable but hasn’t been tested long enough. The other ones are too unstable. On the other hand, AFG only had 1 month out of 7 where there was a loss, so I’m very confident in it. It seems like an awesome scalper. H4 also only had 1 month with a loss, but only has been tested for 4 months. The results are fantastic though and I like the way it trades.

Now here are the results for May 2010 for FXDD:

ACG: -259
AFG: +132.61
Dragon EUR/USD: -46
Dragon EUR/GBP: -321.04
H4: +221.26
Tom:+122.40
Gator: -515

Cumulative from April 2010 until May 2010 for FXDD:

ACG: -120
AFG: +147.76
Dragon EUR/USD: -55
Dragon EUR/GBP: -321.04 (DROPPED)
H4: -36.67
Tom:-67.75
Gator: +55

ACG had a big loss. AFG had a huge gain, which I am really happy about. Dragon struggled with FXDD as well and I will drop the EUR/GBP version as it is obviously not profitable. H4 recovered, I have good confidence in this robot. Tom also recovered, and I’m still working on not making it trade on Fridays, because this is where all the losses come from because of the spike from the week-ends. Gator had a big loss, which is normal for a robot with a 500 pips stop-loss. It either make huge gains or huge losses. Overall, my FxOpen account is doing better than my FXDD account.

That’s it everyone, have a wonderful morning/afternoon/evening (depending where you are in the world) This is why I love the Internet, hehe.

Ben

Hi!

I just started this month to trade with FXDD because I’m having problem depositing with Alertpay in my FxOpen account, and I thought I’d try both. Let’s compare the results

I am also introducing two new robots:

Tom: EUR/GBP scalper, replacing Thunder.
Gator: Short-term trend analyzer the Alligator indicator, with a little tweak to make it more powerful. Runs on the EUR/USD with a stop-loss of 500 and a profit taking of 30.

Here are the results for April 2010 for FxOpen:

ACG: +124
AFG: +28.80
Dragon EUR/USD: -90
Dragon GBP/USD: +10
H4: +56.38
Tom: -226.18
Gator: +540

Cumulative from December 2009 to April 2010:

ACG: -48
AFG: +96.80
Dragon EUR/USD: +211
Dragon GBP/USD: +5
Thunder: DROPPED
FxUltra: DROPPED
H4: +679.76
Tom: -226.18
Gator: +540

Good performance from pretty much every robot. First lost for Dragon EUR/USD. Dragon GBP/USD is not picking up much, I might consider dropping it. H4 wins again! Tom is not performing well for now, because I keep tweaking the settings. I will try to be more careful. Gator is doing good but with a stop-loss of 500 you never know what might happen.

Now here are the results for April 2010 for FXDD:

ACG: +139
AFG: +15.15
Dragon EUR/USD: -9
Dragon GBP/USD: ? (not working)
H4: -257.93
Tom:-190.15
Gator: +570

Dragon GBP/USD doesn’t seem to be working so I will replace it for EUR/GBP next month. H4 is not working well at all with FXDD and Tom is still under progress. Gator again produces good results and ACG and AFG have a good start. Dragon EUR/USD is about the same as FxOpen.

First of all, I just wanted to mention that last year, 2009, was a crazy year for my Forex robots. I was testing too many currencies at the same time with robots that were way too risky, which is why I won’t even bother with quarterly results for that year.

Also, I have some good news. You probably all know by now that I have been only testing with FxOpen, which is a good broker. But I will also test with FXDD now at the same time. I will be able to compare the results and I believe they are both the best brokers to test with. A review for FXDD will come soon.

Q1 (Jan-Mar) 2010 - FxOpen

ACG: -172
AFG: +68
Dragon EUR/USD: +301
Dragon GBP/USD: -5
Thunder: -421.62 (DROPPED)
FxUltra: -187 (DROPPED)
H4: +623.38 (Introduced in February)

Total: +206.76

At this point, the only robots I would consider putting live would be AFG, Dragon EUR/USD and H4. I definately need more testing, especially on two platforms. Live trading might start on Q3, but I might consider it before… I will keep you posted.

Ben

Hi!

Today I decided to drop two robots: Thunder and FxUltra.  Thunder opens way too many trades (100 this month!) and is just not  profitable and FxUltra has been dissapointing since the moment I  first started testing it.

On a  positive note, I will be replacing them with two new robots that, so  far, I have seen incredible results from.
I am  also soon going to start testing my robots on two different brokers:  FxOpen (which I use now) and FXDD.

Here are the  results for March 2010:

ACG: +72
AFG: +45.80
Dragon EUR/USD: +28
Dragon GBP/USD: +2
Thunder: -142.08
FxUltra: -86
H4: +268.42

Cumulative  from December 2009 to March 2010:

ACG: -172
AFG: +68
Dragon EUR/USD: +301
Dragon GBP/USD: -5
Thunder: -421.62
FxUltra: -187
H4: +623.38

Terrific performance from H4 again. Dragon  EUR/USD keeps impressing me but doesn’t seem to be performing that  well on the GBP/USD. I am considering trying it out on the EUR/GBP  instead. As usual, Thunder and FxUltra are providing very poor  results and like I said above I will drop them soon. AFG seems stable  and ACG is coming back from its loss.

Hi everyone!

After some thorough backtesting and forward testing, with different settings, I have come to realize that my Expert Advisor Sand does not fit my trading style.

So far it has created the biggest profit, but at what cost? For it to function well, the stop-loss needs to be huge and I don’t want to get into Martingale systems.

It will get replaced by a more simple indicator that is less risky, called A1. I will present it in my next update.

I am also currently developing another version of Thunder that might provide higher profit.

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