Hope it will survive. The point is: I was to greedy – loaded up to much pairs for more earning.
Especially the NewCF7SR is doing well very often trading a short time and earning a small amount of $$. BUT: one or two dead trades are enough to bring a small acc into trouble – and during the last crises - of corse - I had these dead trades !
I almost shit a brick !
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So its time to make some remarks again.
Its easy to see that I’m focused on the Crossfaders until now.
BUT: Testing Joses newer XMeters too !
Only these to types of bots are running on my demos.
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After all the test I decided to abondom the NewCF7SR ! Why ?
This bot is not trading often, but doing (so it is doing) well very often ! BUT there is always a day coming the EA is running into deep DD’s. 1-2 dead trades are enough for bringing the acc into trouble. The good trades with smaller gains are all closed – only these fucking dead trades are left. So nothing to say – its quite possible to use this ea, but for me its further not a candidate in the first line. I left only the accounts GP 23 + 27 for the NewCF7SR.
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The Crossfader CF8NR (see on MFXB: TGTFX/TGTFX1/MANDL2007: http://www.stevehopwoodforex.com/phpBB3 ... =36&t=1374)
M5: For many pairs demos with the CF8NR are running esp. in TGTFX. And in MANDL2007 too (VPS). But be aware: the CF8NR can esp. on M5 for some pairs run into high DD’s too !
M15 and higher: So I decided to start since Monday sep 09 the CF8NR on higher TF’s using “veskos” setfile. Look for instance into the “MANDL2007” MFXB acc: the 2 trading accounts on GOM 1 and 2 show the difference between the M5 and M15 !
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The CF4D: These two are and intermediate result of VM’s and crew hard work. They are doing well, although I cant see any big advantage over other bots I use so far. They survived the market storms until now, let them run furthermore and will watch them. Like all the CF’s developed during the last year they suffer from high DD’s appearing sooner or later (often unfortunately sooner). But if you look into the CF thread you may see for yourself of the huge efforts which are made to improve this EA further.
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The XMeters: In TGTFX1 are 4 demo acc’s with newer XMeters. They are doing best bcz the DD’s are quite low. So only this will give a guarantee for trading well and stable for a longer time.
So: using the XMeters I’m feeling quite comfortable !
The XMeters together with the CF8NR (BUT: only on higher TF’s, M15 and higher) are the only bots I’ll use the next weeks and months, they are the only possible candidates for live trading for me.
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Crossfader EA’s and broker GP:
Btw - the strategy underlying in all the CF’s isn’t appropriate for LIVE trading with brokers like GP (and all other brokers calling for commissions). Bcz of opening up to 30 positions for one trade with one pair and the smaller gain after closing the trades you have to pay to high commissions in comparison to the gains you can get (sometime up to 20-30 %). This has nothing to do with the broker – its only a question of the specific strategy underlying the CF’s (and similar bots).