Week One Results and Review! - EP3 $1000 Challenge v3

What a portfolio! If this was live I would be proud for sure, maybe except for Precis and Seventrade being in so much drawdown at the moment but all the robots have made a profit this week which is absolutely amazing.

// Challenge Defaults
Broker & Account Type: ICMarkets RAW Spread
Leverage: 1:500
Currency: USD
Initial Balance: $1000
Average Server Ping: 200ms - 250ms

Robots Tested -
Eklatant
Money Pile
Precis 2.0
Seventrade
Algo Gold 2.0
Miea 9.0
No Sleep EA
EA Scalper Orion
Dragon Expert 4.1
Gold Catcher
Baby Shark

// Buy Me A Coffee! (I loooove coffee)

// SOCIAL

// TRUSTED BROKERS I USE

// DISCLAIMER
This video expresses my personal opinion only. This may not be suitable for all investors. It is possible to lose all of your invested capital. You should NEVER invest money you cannot afford to lose. Before trading, please understand the risks involved.

[TheRuppy]

Hey man with the precise I've been going really well. I have it on 2 live accounts and 1 demo account.. The Demo only allows 100 trades where the Live ICmarkets allows more, don't know the limit but I've hit something like 150+ trades on live. I think once it hits about 100 it's time to cut your losses anyway and bail. I did that last night. I made just over 60% for the week then lost about 15% last night.. I can handle doing that each week, very nice end result still.

[glenardoknowles]

Have you ever tested a robot called Neptune? I'm getting about 10% return a week with that bot. Also how can I get a copy of Baby Shark robot to test?

[rik]

Hi! I've seen a couple of your videos and they're really good!
I spent the last month testing a lot of EAs, and i'm having a big problem: Sometimes i find settings that when i backtest are Simply Amazing, but 99% of the time the same settings fail on a forward test..maybe i'm doing something wrong..
Personally, i don't optimize one single parameter per time but i mix them in the same time cause i think there are more possibilites that i can find profitable settings, what do you think about It? What do you suggest? Thanks in advance! Have a great day :)

[sergedenizyaran]

On Precis and Seventrade or any EA from this author, you will need to close all the profit making ones manually. If you press close profit then it only closes that open pair, rest you need to close your self to free up room for more orders. This is the EA getting stuck in trend now. The EA will not close order until all of them are in positive direction and have made the minimum pips. Also ICM doesnt allow more than 100 orders. Tickmill does. on this website, there are some guides in Russian from MiEA but the dashboard is same for all EAs. You can find out what all the buttons do. Some are useful. I have however stopped using anything from this author after buying a few. He keeps releasing more of the same EA with some different settings. Please test KGFv1 and Traideringer 4.0.3. You will be mind blown!

[aigridproea]

@Optimizfx Just my advice for a reliable test: data demo tests should be running minimum 3 month and DD should not exceed 20% of your capital and your floating open position Drawdown should not exceed 20% too and remember high impact news can cause unnecessary DD so best to avoid trading during high impact news, if you have an EA that can survive 3 month in the market it can be reliable, your tests for the moments are too short to determine if these EA's you presented are suited for a live trading also bear in mind these EA's are using aggressive trading methods which is reflected in drawdowns . I am inviting you to test our EA for more info check my youtube page and check the videos of one of our EA which has been trading for 2 years successfully and uses a compounding system to increase profits. Also pay attention to your lot size when using the EA's they can be the difference between a winning strategy and a loosing one.