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Systems (EA's and manual), and Managed Accounts => EA's (automated systems), and associated items (VPS, support/questions) => Topic started by: Ruairi OPleurisy on July 05, 2016, 04:34:10 PM

Title: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 05, 2016, 04:34:10 PM
Spotted this one on MyFxBook while looking through the Systems list for profitable systems :-

FourLeafClover EA from FourLeafCloverFX - www.fourleafcloverfx.com

There are three live accounts running forward tests with decent history going back approx 1 year and averaging 5% to 6.5% per month.  It's an EA with one-off fee.

Has anyone used it?

Thanks.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: IFFTrader on July 08, 2016, 12:45:18 PM
It look decent for a year but it step up the lot size after few initial levels. What I don't like to see is the negative pips count. That tells me the strategy only profitable by the incremental lot size. I have similar strategy that work nicely almost two years until it sudden MC my account.

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fcontent.screencast.com%2Fusers%2Fkheetoong.yong%2Ffolders%2FSnagit%2Fmedia%2Ff37d1e63-d194-4983-8f86-533c4eb87e4c%2F07.08.2016-19.42.png&hash=10256365dc4758b11ae84e8426fd220c)

http://www.myfxbook.com/members/FourLeafCloverFX/fourleafclover-fx-multi-wwwfourleafcloverfxcom/1408955


Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: lonewolf on July 08, 2016, 01:06:42 PM
Quote from: IFFTrader link=msg=356240 date=1467978318

It look decent for a year but it step up the lot size after few initial levels. What I don't like to see is the negative pips count. That tells me the strategy only profitable by the incremental lot size. I have similar strategy that work nicely almost two years until it sudden MC my account.

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fcontent.screencast.com%2Fusers%2Fkheetoong.yong%2Ffolders%2FSnagit%2Fmedia%2Ff37d1e63-d194-4983-8f86-533c4eb87e4c%2F07.08.2016-19.42.png&hash=10256365dc4758b11ae84e8426fd220c)

http://www.myfxbook.com/members/FourLeafCloverFX/fourleafclover-fx-multi-wwwfourleafcloverfxcom/1408955






IFFTrader, as most cases it is increasing the lot size that makes the negative pip count, strategies that run flat lots and average out of positions also have negative pip counts. 
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 08, 2016, 03:26:27 PM
When I look at the three live accounts I can see the following in MyFXBook "Pips":-

Acc1 +3498 pips
Acc2 +942 pips
Acc3 +1106 pips

How do you get to that Advanced Statistics tab for a breakdown by pair?  When I look at the Custom Analysis tab you can get a breakdown.  It shows that the USDCAD pair has made more profit than the AUDCAD pair, but AUDCAD has made more pips...  Overall though, it is consistently showing profits.

I haven't bought or looked at EAs for a long time now. Is it worth a ~$250 punt? I see they do have a one month refund policy (with conditions) :-

"Q. Do you have a refund policy?

A. Yes - If after receiving the EA, it has not made a profit after 30 days (from date of receipt) then you are entitled to a full refund.  The conditions of this refund are that you have setup the EA correctly on your live trading account with the recommended minimum balance and appropriate risk setting for that balance as specified within the Installation and Setup Guide and that your MetaTrader terminal has a stable connection to your broker.
"

It also mentions about making the cost back within the first month and looking at the history that would seem correct.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: IFFTrader on July 09, 2016, 02:12:27 PM
Quote from: lonewolf link=msg=356241 date=1467979602

IFFTrader, as most cases it is increasing the lot size that makes the negative pip count, strategies that run flat lots and average out of positions also have negative pip counts. 


There is a different, for single trade or average out with same lot size strategy, the lot size is same as a basket. It won't MC your account compare to martingale unless you run with over leverage risk.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: IFFTrader on July 09, 2016, 02:13:30 PM
Quote from: Ruairi OPleurisy link=msg=356245 date=1467987987

When I look at the three live accounts I can see the following in MyFXBook "Pips":-

Acc1 +3498 pips
Acc2 +942 pips
Acc3 +1106 pips

How do you get to that Advanced Statistics tab for a breakdown by pair?  When I look at the Custom Analysis tab you can get a breakdown.  It shows that the USDCAD pair has made more profit than the AUDCAD pair, but AUDCAD has made more pips...  Overall though, it is consistently showing profits.

I haven't bought or looked at EAs for a long time now. Is it worth a ~$250 punt? I see they do have a one month refund policy (with conditions) :-

"Q. Do you have a refund policy?

A. Yes - If after receiving the EA, it has not made a profit after 30 days (from date of receipt) then you are entitled to a full refund.  The conditions of this refund are that you have setup the EA correctly on your live trading account with the recommended minimum balance and appropriate risk setting for that balance as specified within the Installation and Setup Guide and that your MetaTrader terminal has a stable connection to your broker.
"

It also mentions about making the cost back within the first month and looking at the history that would seem correct.


Just look at the "Summary" tab in Advanced Statistics.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: lonewolf on July 09, 2016, 02:31:51 PM
Quote from: IFFTrader link=msg=356262 date=1468069947

Quote from: lonewolf link=msg=356241 date=1467979602

IFFTrader, as most cases it is increasing the lot size that makes the negative pip count, strategies that run flat lots and average out of positions also have negative pip counts. 


There is a different, for single trade or average out with same lot size strategy, the lot size is same as a basket. It won't MC your account compare to martingale unless you run with over leverage risk.



That's what I meant to say, people have come on and bluntly called a system a martingale because of it's negative pip count, don't want new comers to think that.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: mattys on July 15, 2016, 04:59:12 AM
What's the outlook on this EA? I'm asking the more experienced guys. The performance data looks really impressive but just from the posts on here, there seems to be some negativity
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 15, 2016, 02:21:55 PM
Matty, I think this one is not one of the widely pushed commercial EAs and therefore experience seems to be limited.  This in itself is actually a positive as most commercial EAs turn out to leave a sour taste in the mouth!

The comments about negative pip counts I think are more general in that there are popular EAs on here that have literally thousands of negative pips and high DD (though are still profitable).

When I look at FourLeafClover EA stats though I see that it is making positive pips overall and consistent profit along with low DD.  Current pips :-

Acc1 +3236 pips (74% profit)
Acc2 +895 pips (47% profit)
Acc3 +848 pips (11% profit)

It's therefore looking quite attractive really.  I'd be interested in some reviews of current users too, but I may go ahead and buy anyway as there is a refund option.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: parkerbonline on July 15, 2016, 03:17:59 PM
Quote from: Ruairi OPleurisy link=msg=356419 date=1468588915

Matty, I think this one is not one of the widely pushed commercial EAs and therefore experience seems to be limited.  This in itself is actually a positive as most commercial EAs turn out to leave a sour taste in the mouth!

The comments about negative pip counts I think are more general in that there are popular EAs on here that have literally thousands of negative pips and high DD (though are still profitable).

When I look at FourLeafClover EA stats though I see that it is making positive pips overall and consistent profit along with low DD.  Current pips :-

Acc1 +3236 pips (74% profit)
Acc2 +895 pips (47% profit)
Acc3 +848 pips (11% profit)

It's therefore looking quite attractive really.  I'd be interested in some reviews of current users too, but I may go ahead and buy anyway as there is a refund option.


Is that backtesting or a live account?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 15, 2016, 04:31:25 PM
Quote from: parkerbonline date=1468592279 link=msg=356421

Is that backtesting or a live account?

It's based on the live accounts on their website.  There's a performance page which links to MyFxBook account stats :-

http://www.fourleafcloverfx.com/forward-tests.html
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: IFFTrader on July 18, 2016, 05:51:21 AM
Thanks for looking at it deeper. Of course nothing says guarantee failure but it can MC account some day if let run at same risk. One possible way to overcome it is by regularly withdraw profits until you take back your capital. This is the only way to make profit from a Martingale strategy.

This is one on my radar for years and some traders here has own it. It survive since 2013.
http://www.myfxbook.com/members/FX_Hunter_net/fx-hunter-real/694954

If constantly withdraw, probably make back multiple times the investment.


Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: candlesurfer on July 24, 2016, 01:51:44 AM
Quote from: IFFTrader link=msg=356471 date=1468817481

Thanks for looking at it deeper. Of course nothing says guarantee failure but it can MC account some day if let run at same risk. One possible way to overcome it is by regularly withdraw profits until you take back your capital. This is the only way to make profit from a Martingale strategy.

This is one on my radar for years and some traders here has own it. It survive since 2013.
http://www.myfxbook.com/members/FX_Hunter_net/fx-hunter-real/694954

If constantly withdraw, probably make back multiple times the investment.





Broker looks very shady to me, I don't believe the history is real
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 25, 2016, 04:06:48 PM
Quote from: candlesurfer date=1469321504 link=msg=356637

Broker looks very shady to me, I don't believe the history is real

According to MyFxBook the FourLeafClover accounts are all Track Record Verified & Trading Privileges Verified :-

Track Record Verification
"Track record is verified after comparing the data to data coming directly from the broker using an investor password"

Trading Privileges Verification
"Trading privileges are verified when the trader opens a pending order with a key provided by Myfxbook or the investor password is changed to a password provided by Myfxbook"

Perhaps it was the FX_Hunter account you were looking at, but even when I look at that it's also verified.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: lonewolf on July 25, 2016, 05:40:32 PM
Quote from: Ruairi OPleurisy link=msg=356671 date=1469459208

Quote from: candlesurfer date=1469321504 link=msg=356637

Broker looks very shady to me, I don't believe the history is real

According to MyFxBook the FourLeafClover accounts are all Track Record Verified & Trading Privileges Verified :-

Track Record Verification
"Track record is verified after comparing the data to data coming directly from the broker using an investor password"

Trading Privileges Verification
"Trading privileges are verified when the trader opens a pending order with a key provided by Myfxbook or the investor password is changed to a password provided by Myfxbook"

Perhaps it was the FX_Hunter account you were looking at, but even when I look at that it's also verified.



I think they meant the actual Broker is shady, so the history could essentially be made up completely.

I have no idea personally.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 25, 2016, 10:59:11 PM
Quote from: lonewolf date=1469464832 link=msg=356674

I think they meant the actual Broker is shady, so the history could essentially be made up completely.

I have no idea personally.


Righto, I see.  The broker is stated as FortFS which was formerly Tradefort but I don't think they are particularly shady.  No shadier than most anyway!  I can't see why history would or could be faked.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on August 06, 2016, 04:57:18 PM
This one has done well again this week :-

Acc1 +700.8 pips (+0.98%)
Acc2 +755 pips (+1.3%)
Acc3 +749.3 pips (+1.3%)

Getting itchy with my mouse-clicky finger  :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 05, 2016, 04:50:05 PM
I've kept watching this one's performance with interest and it still continues to make consistent profit month on month.  Live accounts are shown here :-

http://www.fourleafcloverfx.com/forward-tests.html

Is there nobody using it that can give me the warm feeling I need to click on Buy?

If nobody comes back and tells me they have had a negative experience then I'll have to buy in and give it a go (refund policy is also stated as available).

Ruairi.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 06, 2016, 04:28:43 PM
Alrighty then, I've only gone and bought it haven't I!!  Its about time I trusted another EA.

Initial thoughts...

- Order was fulfilled quickly via email rather than jazzy/jizzy mass-market client download site
- Came with a nice detailed and easy to follow manual
- Lots of settings but these look quite straightforward to setup according to the guide detail
- Various risk modes to suit differing balances
- Nice on-screen panel showing what's going on
- Nice take profit target on-screen display
- Good info about money management
- Good info about broker selection
- Can choose to use pending orders - not sure of the benefit but manual mentions that if MT4 gets disconnected this can be of benefit in getting your order fulfilled

First trade already open!  Will report back if it's as good as the posted results look on the website (www.fourleafcloverfx.com).

Fingers crossed she's a goodun!!

Ruairi.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 07, 2016, 05:17:45 PM
Didn't think I'd be reporting back so soon but two trades opened and closed already and both winners :-

Buy USDCAD +77 pips     (+$23.22)
Buy USDCAD +30.2 pips  (+$9.00)

Happy with that  :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 14, 2016, 04:57:25 PM
Further update...

Since having those two winners last Fri, I've had quite a few more and it's very good news for this first full week :-



I've attached a summary of performance thus far.  It's impressive and suggests the stats on the site are certainly achieveable  :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 15, 2016, 11:55:38 AM
3 more AUDCAD trades closed last night just before market close - 2 winners, 1 loser (+62 pips, +24.6 pips, -14.4 pips).

Nice work  8)

Maybe I was a bit early with the first weekly update!  Have attached latest revised summary.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 25, 2016, 05:37:21 PM
I've now put this on my live account - will report back if it performs as well there as it did on demo (results pretty much in line with the website - i.e. very good).

I've started with just the one pair - AUDCAD and the first trade is open...
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 26, 2016, 07:18:48 PM
That first live BUY trade now closed for +62 pips (+$23.41)   :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 29, 2016, 01:47:53 PM
Update after first few days live with one pair :-

+0.31% (+$45.91)

Happy with that solid start.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 05, 2016, 01:05:31 PM
+0.49% (+$73.64) this week
+0.8% (+$119.55) since 25/10/2016 start date
:)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dutchie on November 05, 2016, 02:15:07 PM
Quote from: Ruairi OPleurisy link=msg=358783 date=1478351131

+0.49% (+$73.64) this week
+0.8% (+$119.55) since 25/10/2016 start date
:)
[/quote
Nice results!]
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 09, 2016, 02:50:40 PM
Bit of  a field day today with 23 trades:-
+1.0% (+$152.41)

Thanks Donald and thanks Fourleafclover.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 12, 2016, 02:32:04 PM
+2.5% (+$378.55) this week
+3.32% (+$498.10) since 25/10/2016 start date
:D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: kity on November 17, 2016, 05:08:00 AM
Quote from: Ruairi OPleurisy link=msg=358943 date=1478961124

+2.5% (+$378.55) this week
+3.32% (+$498.10) since 25/10/2016 start date
:D


Hi!
How going now?
Are you in drawdown?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 17, 2016, 04:49:54 PM
Hi,

~11% floating DD.  The big move on AUDCAD is the reason.  Though still 5 winning trades yesterday and one small loser.

Will post weekly update at the end of the week (+0.78% so far this week) :-)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: kity on November 17, 2016, 05:07:31 PM
Quote from: Ruairi OPleurisy link=msg=359049 date=1479401394

Hi,

~11% floating DD.  The big move on AUDCAD is the reason.  Though still 5 winning trades yesterday and one small loser.

Will post weekly update at the end of the week (+0.78% so far this week) :-)

Thanks for answer,also want buy this Ea,i dont know why  myfx. last update was Yesterday at 17:37

https://www.myfxbook.com/members/FourLeafCloverFX/fourleafclover-fx-multi-standard-wwwfourleafcloverfxcom/1480820
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 19, 2016, 12:29:27 PM
+1.21% (+$188.20) this week
+4.57% (+$686.30) since 25/10/2016 start date
Bit of DD on AUDCAD following the big move down, but hopefully this will clear this coming week.
:D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Tradenow on November 21, 2016, 06:04:46 PM
Quote from: Ruairi OPleurisy date=1479558567 link=msg=359073

+1.21% (+$188.20) this week
+4.57% (+$686.30) since 25/10/2016 start date
Bit of DD on AUDCAD following the big move down, but hopefully this will clear this coming week.
:D


Hopefully you will not loose too much with this ea. Like any marty / grid ea its only a matter of time.
A big waste of time like the attached screenshot shows.

best regards
Mark

Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dutchie on November 21, 2016, 08:32:19 PM
Quote from: Tradenow link=msg=359110 date=1479751486

Quote from: Ruairi OPleurisy date=1479558567 link=msg=359073

+1.21% (+$188.20) this week
+4.57% (+$686.30) since 25/10/2016 start date
Bit of DD on AUDCAD following the big move down, but hopefully this will clear this coming week.
:D


Hopefully you will not loose too much with this ea. Like any marty / grid ea its only a matter of time.
A big waste of time like the attached screenshot shows.

best regards
Mark



Oh boy, same picture again.
That's why I don't use any marty or grid anymore
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 22, 2016, 06:57:19 PM
Hi,

I did have a large DD on AUDCAD but this cleared today and realised a really big profit :-

+4.56% (+$703.25) :D

I'll email support and see what the drop about was on their reference account.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dutchie on November 22, 2016, 08:02:20 PM
That was the AUDCAD closing of a large basket.
see how dangerous these lot increasing EA's are
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 23, 2016, 03:34:11 PM
Support have replied to say that there was "an issue with the reference account not allowing the EA to manage the basket correctly as it was a special FORTFS account giving rebtes (shown as deposits) on closed trades but it transpired it had an open position limit.  This basket was therefore closed out manually by setting the close all function within the EA when it was flagged via email that the EA was being blocked from managing the basket with an overactivity warning".

They also state they have now got the account converted to a normal account without position limits and will leave it published to recover.  So fair play there.  They also say they have not had any clients report losses on their accounts.  My account is fine - happy to hear from anyone else.

With my winning basket you can see the close prices all align like all other baskets unlike the one Dutchie has posted, suggesting the ref account close was indeed initiated intentionally.

I've also backtested from 01/01/2010 to now and still comfortable to run this as very profitable with no blowups.  Will continue to post my own results.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 26, 2016, 01:35:20 PM
+5.09% (+$799.35) this week
+9.9% (+$1,485.65) since 25/10/2016 start date

Big week on AUDCAD.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on December 03, 2016, 12:29:53 PM
+0.95% (+$157.81) this week
+10.94% (+$1,643.46) since 25/10/2016 start date

Quieter week following last week's big profits on the AUDCAD move.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on December 10, 2016, 01:40:38 PM
+0.67% (+$112.79) this week
+11.69% (+$1,756.25) since 25/10/2016 start date

 :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: forexbaby on December 10, 2016, 01:54:22 PM
if only they use NOT a cent account

Grid and martigale do work IF the trader is discipline to CUT at below 20% or depends their ROI.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on December 17, 2016, 12:17:50 PM
+1.25% (+$210.89) this week
+13.09% (+$1,967.14) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on December 24, 2016, 02:06:17 PM
+0.56% (+$94.70) this week
+13.72% (+$2,061.84) since 25/10/2016 start date

Happy Christmas everyone.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: StrukerBob on December 29, 2016, 03:26:48 PM
Say how much money did you start with and what is your leverage?
Bob
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 03, 2017, 06:45:26 PM
Say how much money did you start with and what is your leverage?
Bob
Hi, I started with $15k and leverage 1:500.  I'm running on USDCAD (mode 4) and AUDCAD (mode 8) pairs. $2,157 profit now since starting Oct 25th.  Happy with that.

All the best.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 07, 2017, 03:13:58 PM
+0.69% (+$120.16) this week
+15.15% (+$2,277.31) since 25/10/2016 start date

NB. im my post above it should have read "I'm running on USDCAD - mode 4 and AUDCAD - mode 8".  The mode 8 got converted to a  8) because of the bracket  :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 13, 2017, 03:13:04 PM
Ok, whilst I have some time to spare to gather some data here is a backtest for the AUDCAD pair (which I am running in conjunction with USDCAD).

It's based on this timeframe / dates:
1 Hour (H1) 2010.01.04 02:00 - 2016.09.16 23:00 (2010.01.01 - 2016.09.19)

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fthumbsnap.com%2Fi%2F4umjDXJ8.png&hash=70fb6ca4082b7d88f68d2ab727481b34)
 
As well as initial risk setting there are also several money management options to play with to cut losing trades, close at at custom profit levels (e.g. in profit, at a loss, breakeven) and smart exits.  In the above backtest I've left these off, so this is a worstcase DD scenario.

Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 14, 2017, 12:04:03 PM
+1.85% (+$321.46) this week
+17.27% (+$2,598.77) since 25/10/2016 start date

Good week  :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 16, 2017, 02:22:38 PM
Following up from the AUDCAD backtest, here is one for USDCAD.  This is using Mode 4 (i.e. using four times the lowest risk setting, as was the case for the previous AUDCAD backtest (divide the profit and the DD by four to show the equivalent results for Mode 1).

It's based on this timeframe / dates:
1 Hour (H1) 2011.01.03 00:00 - 2016.11.25 23:00 (2011.01.01 - 2016.12.31)

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fthumbsnap.com%2Fi%2FUwFm3hqR.png&hash=438cc6c79a2f90d5669ff6514f484734)

I'm happy with how things are going
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 21, 2017, 11:42:48 AM
+1.41% (+$249.85) this week
+18.92% (+$2,848.62) since 25/10/2016 start date

Another solid week.  I get the feeling I'm talking to myself though on this thread!  I do that sometimes...
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: lonewolf on January 21, 2017, 12:34:23 PM
+1.41% (+$249.85) this week
+18.92% (+$2,848.62) since 25/10/2016 start date

Another solid week.  I get the feeling I'm talking to myself though on this thread!  I do that sometimes...

I'm keeping an eye on it. :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 21, 2017, 02:13:52 PM
I'm keeping an eye on it. :)

Oh good - thanks!  I was just having a reassuring word with myself in the mirror that I was in fine mental fettle.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: supertrader on January 23, 2017, 12:50:41 PM
I would never touch this EA it has a martingale. One day it will blow up your account.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 23, 2017, 05:14:07 PM
I would never touch this EA it has a martingale. One day it will blow up your account.

Thanks for your salient and helpful advice.

BTW you have a typo in your tagline  :) :-

"Trading should be boring otherwise you are loosing money."

Always here to help...
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 28, 2017, 01:52:54 PM
+1.65% (+$296.66) this week
+20.88% (+$3,145.28) since 25/10/2016 start date

Another fab week!

Just some info for those that may be running this / thinking about it - I am running with both USDCAD & AUDCAD pairs with both now on risk mode 4.  I started with a balance of $15k, but a quarter of this would be realistic for Mode 1 (i.e. approx $3k or $30 for a cent account) based on my backtests and the info in the guide.

There are various equity protection settings / smart close features in the EA but you can choose to leave these off if you wish.  If you have them on it would be impossible to blow the account as you can choose your maximum DD / minimum equity settings.

I'm interested in other comments from anyone using it, but it's going very well for me so far.

All thes best.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: reinerh on January 28, 2017, 02:37:41 PM
i wish you good luck,

trust me there is a reason the vendor only uses cent accounts.

if they had faith in their creation they be running a real account with some muscle in it.

this way they sell a dream and live of ea sales to newbies while risking peanuts themselves.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 29, 2017, 12:45:18 PM
Thanks reinerh.

They do have both standard and cent accounts listed on their performance page.  The cent account has been running the longest (since Aug 2015).
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: supertrader on January 30, 2017, 10:34:17 AM
+1.65% (+$296.66) this week
+20.88% (+$3,145.28) since 25/10/2016 start date

Another fab week!

Just some info for those that may be running this / thinking about it - I am running with both USDCAD & AUDCAD pairs with both now on risk mode 4.  I started with a balance of $15k, but a quarter of this would be realistic for Mode 1 (i.e. approx $3k or $30 for a cent account) based on my backtests and the info in the guide.

There are various equity protection settings / smart close features in the EA but you can choose to leave these off if you wish.  If you have them on it would be impossible to blow the account as you can choose your maximum DD / minimum equity settings.

I'm interested in other comments from anyone using it, but it's going very well for me so far.

All thes best.

I hope you have set the equity protect features on.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on February 04, 2017, 11:50:49 AM
+1.04% (+$190.20) this week
+22.14% (+$3,335.48) since 25/10/2016 start date

The strong performance continues  :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on February 19, 2017, 05:00:17 PM
+0.52% (+$96.90) this week
+0.70% (+130.17) last week
+23.63% (+$3,562.65) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: donnaforex on February 19, 2017, 05:07:52 PM
Nice results, Ruairi  8)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on February 25, 2017, 03:27:51 PM
+0.51% (+95.18) this week
+24.26% (+$3,657.73) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 03, 2017, 11:04:51 PM
+0.86% (+$163.32) this week
+25.34% (+$3,821.05) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 11, 2017, 02:50:02 PM
+1.17% (+$224.08) this week
+26.81% (+$4,045.13) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 18, 2017, 12:04:34 PM
+0.43% (+$83.34) this week
+27.35% (+$4,128.47) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: reinerh on March 18, 2017, 01:22:38 PM
+0.43% (+$83.34) this week
+27.35% (+$4,128.47) since 25/10/2016 start date

do you run this on a standard account ?

if so whats your max dd been to date ?

the official accounts i can find sure had an insane dd, well over 60%.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on March 20, 2017, 12:15:33 AM
+0.43% (+$83.34) this week
+27.35% (+$4,128.47) since 25/10/2016 start date

do you run this on a standard account ?

if so whats your max dd been to date ?

the official accounts i can find sure had an insane dd, well over 60%.

Can you link to any of those? All the official accounts I see have DD as high as 43.1% and as low as 11.46%.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: reinerh on March 20, 2017, 12:27:56 AM
you are right canadian,

i must have looked at something else. this one is 43dd.

http://www.myfxbook.com/members/FourLeafCloverFX/fourleafclover-fx-multi-standard-wwwfourleafcloverfxcom/1871260
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on March 20, 2017, 12:33:03 AM
Not that that's not a big DD. :)

This is what's interested me about Grids the past several months. Left uncontrolled, they'll always blow accounts as markets find a new long term direction with only small pullbacks. If we accept realities like this however and properly capitalize our accounts, these EAs can produce some consistent gains.

High risk, high reward. It's the story of every marketplace.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: reinerh on March 20, 2017, 12:45:19 AM

yes high risk it is.

below is an ea which makes 100% a month easily on gu. its a matter of how often and where one needs to set stop out.

https://gyazo.com/579dce543a2fec7da35d23a0c724729f
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 20, 2017, 12:15:13 PM
+0.43% (+$83.34) this week
+27.35% (+$4,128.47) since 25/10/2016 start date

do you run this on a standard account ?

if so whats your max dd been to date ?

the official accounts i can find sure had an insane dd, well over 60%.
Hi reinerh,

Yes, standard account but I'd been running it underfunded (do we ever learn?) so there was a DD peak in Nov at ~56% but that was floating DD only rather than actual - i.e. there hasn't been any loss as such.  So far no losing days or months and floating DD is currently less than 1% (i.e. equity +99.04%) which is the norm.

The EA does have settings to prevent any possible account blowup ,but of course there is the possibility of a losing basket.

The official live accounts are here :-
http://www.fourleafcloverfx.com/forward-tests.html

They have a note on the back test page to say it is being updated as that hasn't been refreshed for some time so will check back for that.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: reinerh on March 20, 2017, 12:31:13 PM

ah nice, if you ran it standard then your sweaten has been rewarded nicely.

yes most grid ea have a built in equity stop, the one i posted above does as well. any good coder puts that in. in addition i have equity alerts running on all my accounts so no accident takes place :)

lets hope it will keep working good for you.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on March 20, 2017, 12:53:02 PM
Ruairi OPleurisy, how long did you have to wait from purchase to delivery of the EA? I decided to chuck some money at this last night and thought I might have it by the morning but woke up to no email or anything. What was your experience?

Got it in my email about noon my time.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 26, 2017, 12:56:54 PM
+0.65% (+$105) this week
+28% (+$4,233.47) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on April 01, 2017, 05:07:13 PM
+0.57% (+$111.79) this week
+28.74% (+$4,345.26) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on April 08, 2017, 05:51:52 PM
+0.5% (+$98.10) this week
+29.38% (+$4,443.36) since 25/10/2016 start date

New version came out during the week so I've upgraded to that.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on April 13, 2017, 10:59:56 AM
Early update for this week so far as not around at the weekend...

+0.94% (+$185.47) this week
+30.59% (+$4,628.83) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on April 22, 2017, 03:11:04 AM
So just FYI, the Vendor is somewhat guarded about revealing details in respect to how their EA trades. Makes sense because despite the relative simplicity of the strategy, (a grid) you still don't want someone just copying it and leaving you on your lonesome.

I did manage to get the following out of the vendor though. On a single pair, the maximal loss on mode 3 is somewhere around $13,500 or so. Changes somewhat with the pair and all that, but that's generally where a worst case scenario sits. If you're running 5 pairs, that's a possible $67,500 of loss if all five pairs close out losing trade sequences. I mean, the chances of that happening are extraordinarily slim, but there it is.

This product depends on using wide ranges of price movement, depending on the market experiencing pullbacks off of those wide ranges. It's not a bad approach for a grid if you're into grids like I am. Grids that are much tighter in price movement produce more action, but run a much higher risk of hitting stop loss events. Rocket EA for instance uses something like a 2 pip step in how it places orders which is very tight, but makes the needed pullback for profit smaller than if the EA were looking at larger distances in the grid. Rocket runs into trouble when the market moves in one direction continuously without a large enough pullback which, when you're dealing with 2 pip steps, is not at all impossible to see happen. Four Leaf puts the grid steps at something like 45 pips which provides for a much much larger range of price movement in one direction before a pullback is needed. The pullbacks required are bigger, but much more normal in regard to how market's seem to move.

So I'm still running this on a larger account, but I've been dialling back the risk. I do like this EA, but I think the vendor could be a little more up front with the risks...though that's pretty par for the course when it comes to vendors of grid products. :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on April 22, 2017, 02:34:51 PM
Hi Canadian, glad to hear someone else is using this!  I wish you the same success that I've had thus far.

I find that it's not a pure grid strategy in that it doesn't just enter a trade at random.  There is an indicator and some associated logic to determine an initial entry rather than just opening trades in both directions immediately.  There are also different gaps in the entries depending on pair.  Also, nny comms I've had with the vendor have been open, helpful and to the point.

My latest results :-

+0.42% (+$83.37) this week
+31.4% (+$4,752.93) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on April 22, 2017, 02:45:32 PM
The grid seems pretty standard to me, but I've only been watching it for about a month now. Actually, a month plus a day so it's a good review point for me.

I should clarify that the vendor is indeed open. I don't mean to imply that they're hiding anything untoward. That's not what i mean at all. I just mean that I get the feeling that the vendor is just a little coy about revealing the strategy behind the EA which I find understandable.

In the month I've been running the EA, it's banked over $1,500 in profit with a drawdown that's been as high as roughly $4,500 and a maximal potential drawdown that is much higher. That said, so far so good (very good in fact) for an EA that's a couple of hundred bucks.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on April 29, 2017, 11:16:34 AM
+1.31% (+$263.56) this week
+33.12% (+$5,016.49) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: castlebrook on May 10, 2017, 07:12:30 PM

yes high risk it is.

below is an ea which makes 100% a month easily on gu. its a matter of how often and where one needs to set stop out.

https://gyazo.com/579dce543a2fec7da35d23a0c724729f

How is this EA performing now please?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 13, 2017, 12:24:40 PM
+0.44% (+$91.81) this week
+34.79% (+$5,273.18) since 25/10/2016 start date

Missed last week's update but it was :-
+1.23% (+$164.88)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: castlebrook on May 13, 2017, 01:24:35 PM
+0.44% (+$91.81) this week
+34.79% (+$5,273.18) since 25/10/2016 start date

Missed last week's update but it was :-
+1.23% (+$164.88)

Thanks.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 13, 2017, 03:12:51 PM
castlebrook, you can monitor the vendor live accounts here :-

http://www.fourleafcloverfx.com/forward-tests.html
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: castlebrook on May 16, 2017, 10:36:52 AM
castlebrook, you can monitor the vendor live accounts here :-

http://www.fourleafcloverfx.com/forward-tests.html

Cheers
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 27, 2017, 06:36:50 PM
+0.73% (+$152.49) this week
+36.72% (+$5,569.47) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: bleach on May 30, 2017, 03:37:02 PM
Thanks for your weekly update. I may give this one a go.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on June 03, 2017, 01:01:59 PM
+0.25% (+$52.98) this week
+37.06% (+$5,622.45) since 25/10/2016 start date
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on June 10, 2017, 01:12:31 PM
+0.61% (+$129.69) this week
+37.9% (+$5,752.14) since 25/10/2016 start date
Equity: 99.86%
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on June 12, 2017, 03:54:12 PM
Canadian, how are you getting on with this?  Still raking in profits?  You have been a little quiet.  I think you'd made almost as much in the first month that I've accumulated in the last six months.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on June 17, 2017, 05:03:01 PM
+1.24% (+$263.25) this week
+39.61% (+$6,015.39) since 25/10/2016 start date
Equity: 99.79%

Good week.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on June 18, 2017, 10:27:22 PM
Yup. Four leaf is still chugging along and doing well. On my $15,000 or so account, it's raked in about $7K with me fiddling with various settings, though attempting to keep it rather close to recommended settings. Only trading GBP/USD, AUD/USD, USD/CAD, AUD/NZD and AUC/CAD though.

I'm nearly at a point where I'm happy to toss it on a $100K+ account.

I'm a little quiet because I've been busy with lawyers trying to emigrate. Soon enough I hope to be a Bahamian Psycho. :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: diyforexskills on June 22, 2017, 08:38:13 AM
+1.24% (+$263.25) this week
+39.61% (+$6,015.39) since 25/10/2016 start date
Equity: 99.79%

Good week.
Looks to be a good one. I assume the 99.79% Equity is the equity relative to current balance, not starting balance?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on June 22, 2017, 09:51:49 AM
Yes diy - equity figure relates to current balance.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: jwatts7701 on June 22, 2017, 05:19:00 PM
Ruairi or Canadian do you guys have any myfxbooks? Separate from the vendors? Would love to take a peak if you are willing to share. Cheers!
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on June 22, 2017, 08:28:51 PM
Sorry, but I don't usually share my MyFxbook stats 'cause I'm not trying to sell anything. That said, here's a screenshot that I hope is helpful with some info omitted. It starts at March 21st and goes to today. Yesterday, I shifted a bunch of extra capital into this account and upped the settings. Also I started to run the EUR/USD pair on mode 10 which is reduced risk, less than the recommended mode. Before today, I was running GBP/USD, AUD/USD, USD/CAD, AUD/NZD and AUD/CAD on modes 2, 3 and 4...sort of. Been fiddling with that here and there as I watch the EA trade its grids.

You'll notice drawdown is quite high, and that's because of the AUD/NZD pair which I'll mention in a moment here. Settings were two settings higher than recommended on recommended levels at the time but consider that this could happen with more than one pair at a time. Should always keep this in mind with grids that trade multiple pairs.

I said earlier that It's made me $7K so far, but I was thinking of something else. This has done $6K so far as you can see. $1,752 of that was on one day, of which $1,659 was from the AUD/NZD pair which reached the 13th level of its grid. Somewhat comically, it also missed the profit target by less than a pip before going back into drawdown and eventually finding profit again. Haha. Talk about annoying.

Golden rules with grids in my mind are to approach cautiously, prepare yourself for statistically inevitable losses, and capitalize yourself properly. I like this grid system in particular quite a lot. Didn't think I'd like it going in but it's proven to be one of my favourites among the few that I'm trading right now. So long as you're not too wild with it, it's pretty tame so far as I can see.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on June 22, 2017, 11:17:41 PM
Here's a snapshot from me too.  If you want to track how this is going day to day you can look at the two Vendor accounts here :-

http://www.fourleafcloverfx.com/forward-tests.html

I'm getting very similar trades on my account as I'm using the same two AUDCAD & USDCAD pairs.  I'm using Mode 4 whilst the vendor accounts are Mode 8 (higher risk) and Mode 1 (lowest risk).  I'm also keen to start running AUDNZD & AUDUSD pairs but would like better spreads on AUDNZD so may shift broker / get second license.

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fthumbsnap.com%2Fi%2FXjZGzUeQ.png&hash=a776f29bfc89b5bdbc54d647e991c1f4)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: jwatts7701 on June 23, 2017, 02:49:22 PM
Thanks guys much appreciated. Canadian, i know your not selling anything so thanks for sharing that as well, and you to Ruairi. Im working on building a fairly diversified system (mix of EAs both mine and commercial), and don't mind throwing a grid in the mix, if its not on the same pairs as other systems and risk can be clearly understood and managed. I find it can balance out well. I will have a closer look at this.

Ruairi, have a look at Mt.Cook if you need a tight audnzd spread. Last month they moved my account from their DMA feed to their ECN feed. I wasn't so keen on the mandatory change initially, but i also trade audnzd and am loving sitting on an 0.5 pip average spread there on this ECN of theirs. It seems to actually tighten slightly during the US and EU session which seems strange to me given that most of the liquidity should come from AUD banks in the Asian session.

I'm looking at fourleafeclover mainly for audcad and usdcad. Have got enough exposure on audusd and audnzd. But thanks guys for your real world feedback!

Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on June 23, 2017, 03:35:19 PM
jwatts, 0.5 pip spread on AUDNZD is very good!  Many brokers seem to struggle with good spreads on this pair.  Enjoy  :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on June 23, 2017, 04:37:15 PM
happy to help jwatts! exercise caution and enjoy chasing those dineros. :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on June 24, 2017, 11:30:44 AM
+0.57% (+$122.88) this week
+40.4% (+$6,138.27) since 25/10/2016 start date
Equity: 99.92%
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 01, 2017, 11:34:07 AM
To whom it may concern...

+0.92% (+$199.75) this week
+41.69% (+$6,338.02) since 25/10/2016 start date
Equity: 97.12%
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: bleach on July 05, 2017, 01:26:17 AM
Very impressive performance. I think I will the trigger once my new booking account opens.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 08, 2017, 01:23:01 PM
+0.84% (+$183.38) this week
+42.88% (+$6,521.40) since 25/10/2016 start date
Equity: 91.92%
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Garpip on July 25, 2017, 12:09:41 PM
Hi Ruairi

I've been following this forum recently and you (mainly) have made me think of seriously buying this EA.  Thanks for publishing all those statistics.  You really are a busy bee. 

Pity now it's only a year's licence they offer, really.  But if an EA is profitable that should not matter.

I like the low drawdown, and it seems to have a good deal of flexibility.  Have you anything more to say about it, now that you have been using it for a while?  Is it the Holy Grail?  Would you go for certain pairs or perhaps the whole gamut? 

Regards

Gary
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 25, 2017, 02:13:40 PM
Hi Garpip,

Yes, I'm still using this one and it's doing consistently well thus far.  I'm still running just the two pairs live :-

AUDCAD
USDCAD

I've done my own backtesting as well and it aligns with what they publish here :-

http://www.fourleafcloverfx.com/back-tests.html

Take a look a look at the very bottom of that page for the latest tick data tests.  Other pairs that I would consider from the available set are :-

AUDNZD
AUDUSD
EURGBP

It doesn't like big long trends / trendy pairs and much prefers the 'zig zaggy' (Psycho-speak) aka ranging markets.

I wouldn't get greedy with it though as occasionally it can hold some (short term) DD if there is a large move with no pullback.  However, it mostly has no DD at all but you have to expect the unexpected as the backtests show a few losing 'baskets'.

It's not a true Martingale (based on the Canadian dictionary  :D), but just as Cat V8 can do it will increase lot size to manage its open trade sequences when required.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Garpip on July 25, 2017, 07:14:22 PM
Hi Ruairi

That was a great reply.  You could get a job on an EA website!  And your material is standard and easily read black on white, not the way the FourLeafClover website is scripted, like it was written on blackout paper.   I don't find it easy to read.

So thanks for pointing me to the bottom of the page and the latest tick data backtests.  Normally my eyes have given up by the time I reach the bottom of a webpage, though that might be age...  What I normally recoil at is a sawtooth in a chart.  I note, however, that has not always put you off. 

I will pursue this EA further.  The results (sawteeth excepted) seem to be steady, with drawdown as satisfactory as I have seen.  To quote one of your own sayings, I feel my fingers itching again!  I don't think it will be long till I have that comprehensive  step by step guide in my hands.  I'll take your tip and not take too much risk, slow and steady would be my aim.

Regards

Gary
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on August 18, 2017, 09:20:01 AM
Still going very well with this  :D

I can also see extra pairs have been added to the forward tests so will keep an eye on those and may add one more myself.  I'm still only trading two (AUDCAD & USDCAD) as per original reference account.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on August 18, 2017, 05:17:17 PM
I've been running 6 pairs myself. USD/CAD gave me a good healthy gain off that bounce from support last week, but the drawdown was of course rather massive as well. Even though my account that I'm running this on is a 6 figure account, I'm only running 4 leaf on mode 6 because even that carries with it a possible loss of $27,000.

Still really like this grid.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Tomtom on August 20, 2017, 10:48:13 AM
Just Purchased this EA...and  any advice for newbies  ? @Ruairi
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on August 21, 2017, 08:41:20 PM
Hi TomTom, I would stick it on AUDCAD to start off and watch it trade and then take it from there.

The lowest risk mode is Mode 1 and that opens lot sizes of 0.01 but these can increase as needed to manage trades.  They don't double like a Martingale, but be aware of this and follow the guidelins in the manual (which is quite detailed).

I'm running with Mode 4 on two pairs so far, and keeping an eye on the other pairs that are now on forward test.  I've also found my own backtesting to mirror those on the website.  I'd avoid some of the more 'trendy' pairs myself, but Canadian is running six pairs himself so may have some tales to tell.

Good luck, and hope it goes well for you too.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on September 21, 2017, 06:58:01 PM
This one still working very well for me almost a year down the line.

Vendor accounts here for ref:

http://www.myfxbook.com/members/FourLeafCloverFX/audcad-wwwfourleafcloverfxcom/1408955
http://www.myfxbook.com/members/FourLeafCloverFX/usdcad-wwwfourleafcloverfxcom/1871260
http://www.myfxbook.com/members/FourLeafCloverFX/audusd-wwwfourleafcloverfxcom/2189173
http://www.myfxbook.com/members/FourLeafCloverFX/eurgbp-wwwfourleafcloverfxcom/2188289
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 04, 2017, 04:41:31 PM
Canadian,

How's your trading going with this?  I'm still just running two pairs (AUDCAD & USDCAD) but keen to hear if you are still going well running others?

I've run these two pairs now for a year with very good results  - i.e. only good profit with no losing months (or even days!) 8)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on October 04, 2017, 10:52:52 PM
Going just ducky for me. I made a really stupid mistake on the recent USD/CAD stratech that cost me about $8K, (misread a DD number) but without my empty headed intervention, that would have done just spectacularly.

Anyhow, my running also the AUD/NZD, EUR/USD, AUD/USD, GBP/USD, and EUR/GPB in addition to the AUD/CAD and USD/CAD pairs, I've observed nothing but profitable grids opening and closing in their respective sequences. One of the GPB/USD grids from recent memory did result in about a $2,000 loss as a larger order in the grid was opened because of a news spike and the slippage was significant. Aside from that and my own mistaken intervention, all the grids have run well.

I'm running level 7 on all currently.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 05, 2017, 04:36:06 PM
Good. Good.  Apart from the fat fingers :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 28, 2017, 11:40:13 AM
This one is still going great guns with steady profits. 

Between this and EZE I've made back all the losses + more that I had following my initial dip in the water with SFE PA EA - though I may have been premature in turning that one off as it's on the up again!
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 29, 2017, 05:11:50 PM
Well I'm still at it with this one and its still bringing in ~4% per month with just the two pairs running.  I've diversified with other EAs and signals rather than adding more pairs for now.

Canadian, this must be making you a packet each month if you are still running it on seven pairs on mode 7 for each pair!?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: CanadianPsycho on November 29, 2017, 05:25:13 PM
Actually i stopped trading it for now. I phased it out in anticipation of putting it on its own account but haven't gotten around to it yet. Just been focussed on other things.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 31, 2018, 03:05:10 PM
I've not said much about this for a while as it's just continued to go on making profit every month.  January hs been good and I've not had to tinker, intervene or disable it for any market conditions since starting - just let it run (AUDCAD & USDCAD).

I've been let down again recently with other regretful expensive EA purchases / signal subscriptions but I'm back to relying on this and EZE as my only current EAs.  I've tried a lot of EAs now starting way back with Fap Turbo but I've never used anything successfully for so long now.

Of course, I'll probably jinx it now...
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: hamiltoncurtis on February 01, 2018, 05:04:08 PM
I'm using it now too so I hope you don't jinx it. I'm happy with it. I know it has risks but it also has a stop loss so you know what your risk is.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: jwatts7701 on February 01, 2018, 06:39:20 PM
Hi Rauiri Thanks for the update. Have you calculated roughly how long a full SL of the grid will set you back in terms of time? For exmple will it eat up 3 months, 6 months, 1 years' worth of profits etc...? Curious if you know this or if the vendor has it calc'd out in the manual etc... cheers.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Tomtom on March 24, 2018, 03:56:01 AM
 I have several buys which are in drawdowns ..hopefully it will recover ..How s it for everyone else ?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: hamiltoncurtis on March 24, 2018, 03:50:41 PM
Mine is doing fine. I run AudCad, AudNzd, UsdCad, and EurGbp on mode 1 with a $9000 balance. So far it has made appx 4 percent this month and the only draw down is from AudCad which is not serious.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: 5ninefish on May 01, 2018, 10:01:40 PM
I just started this EA a few weeks ago with AUDCAD and USDCAD and it went into a quick drawdown. How's everybody else doing with this system? I'm assuming that over the long term, it's fine since it seems to have a good track record. After being burned over the last several months with a few 'managed' accounts, I'm wanting to try something slow and steady that just keeps grinding away.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Blue2018 on May 02, 2018, 03:34:52 AM
Any recommendations of who to open an account with for this bot in the US?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: hamiltoncurtis on May 02, 2018, 07:15:07 PM
I put it on FXChoice who takes US Citizens but they are not in the US. I don't know who you would use in the US as it hedges which is not allowed on US brokers.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Tradenow on May 02, 2018, 08:33:41 PM
What is the minimum trading capital for a standard account?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 03, 2018, 03:31:47 PM
Hi there,

I have this EA and it's still going really well on my two pairs (AUDCAD & USDCAD). 

On the point of 'going into drawdown'.  For me it has never had a losing day.  It may just be terminology, but it can have some open DD until it closes in profit.  Case in point is the recent decent of the AUDCAD pair - winning shorts kept coming in but with a long position that drifted but then closed also in profit.  I've been running it now since Oct 2016 very happily.

To the point about hedging - yes it does hedge, but the manual states it can be run with hedging off, but that this can lessen profit.  So it could be possible to run where hedging isn't allowed.  I've never turned it off, but can see the 'hedge' parm in the settings (set to true by default).

As regards min balance for a standard account - manual says $3,000 for one pair ($30 for a cent account).

I've not used any EA for longer than this one, so that's a thumbs up from me as I've burned through an expensive back catalogue!
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: reinerh on May 03, 2018, 04:23:52 PM
Hi there,

I have this EA and it's still going really well on my two pairs (AUDCAD & USDCAD). 

On the point of 'going into drawdown'.  For me it has never had a losing day.  It may just be terminology, but it can have some open DD until it closes in profit.  Case in point is the recent decent of the AUDCAD pair - winning shorts kept coming in but with a long position that drifted but then closed also in profit.  I've been running it now since Oct 2016 very happily.

To the point about hedging - yes it does hedge, but the manual states it can be run with hedging off, but that this can lessen profit.  So it could be possible to run where hedging isn't allowed.  I've never turned it off, but can see the 'hedge' parm in the settings (set to true by default).

As regards min balance for a standard account - manual says $3,000 for one pair ($30 for a cent account).

I've not used any EA for longer than this one, so that's a thumbs up from me as I've burned through an expensive back catalogue!

ruari,

do you have a myfxbook link ???

all official standard accounts i ever followed from this vendor all blew to smitherines, besides cent accounts and those dont count in my book.

so i have a hard time understanding that you can make this raskal work when the vendor could not.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Tradenow on May 03, 2018, 04:27:34 PM
Hi there,

I have this EA and it's still going really well on my two pairs (AUDCAD & USDCAD). 

...

I've not used any EA for longer than this one, so that's a thumbs up from me as I've burned through an expensive back catalogue!

Thanks for the detailed infos. This one is realy interesting because you are still in profit and it seems you never had any serious dd in the past. With your experience what did you get per month running a 3k$ account with one pair? Max DD you had with one pair?
Thanks for your patience but you are now the expert advisor  ;)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 03, 2018, 05:06:59 PM
Hi there,

I have this EA and it's still going really well on my two pairs (AUDCAD & USDCAD). 

On the point of 'going into drawdown'.  For me it has never had a losing day.  It may just be terminology, but it can have some open DD until it closes in profit.  Case in point is the recent decent of the AUDCAD pair - winning shorts kept coming in but with a long position that drifted but then closed also in profit.  I've been running it now since Oct 2016 very happily.

To the point about hedging - yes it does hedge, but the manual states it can be run with hedging off, but that this can lessen profit.  So it could be possible to run where hedging isn't allowed.  I've never turned it off, but can see the 'hedge' parm in the settings (set to true by default).

As regards min balance for a standard account - manual says $3,000 for one pair ($30 for a cent account).

I've not used any EA for longer than this one, so that's a thumbs up from me as I've burned through an expensive back catalogue!

ruari,

do you have a myfxbook link ???

all official standard accounts i ever followed from this vendor all blew to smitherines, besides cent accounts and those dont count in my book.

so i have a hard time understanding that you can make this raskal work when the vendor could not.
Hi Reiner,

I've never seen blown acounts and I've been tracking the vendor accounts since before I started using it.  I don't have any clean public accounts that I share now, but I'm running Mode 4 on both pairs and get essentially what the vendor accounts are getting as regards trades.

For AUDCAD I get half the profit as they are running Mode 8, and for USDCAD I get four times the profit as they are running Mode 1.

Good to hear from you again - I was one of your subscribers.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 03, 2018, 05:15:12 PM
Hi there,

I have this EA and it's still going really well on my two pairs (AUDCAD & USDCAD). 

...

I've not used any EA for longer than this one, so that's a thumbs up from me as I've burned through an expensive back catalogue!

Thanks for the detailed infos. This one is realy interesting because you are still in profit and it seems you never had any serious dd in the past. With your experience what did you get per month running a 3k$ account with one pair? Max DD you had with one pair?
Thanks for your patience but you are now the expert advisor  ;)
Tradenow I had a drawdown of 61.15% (if you look back at post 98 I included a pic) but that was running very underfunded.  I think I gave the balance that I was using back there at the time in thread, but that still remains the worst I've seen thus far.  I'm now trying not to be greedy with it.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: reinerh on May 03, 2018, 05:20:19 PM
Hi there,

I have this EA and it's still going really well on my two pairs (AUDCAD & USDCAD). 

On the point of 'going into drawdown'.  For me it has never had a losing day.  It may just be terminology, but it can have some open DD until it closes in profit.  Case in point is the recent decent of the AUDCAD pair - winning shorts kept coming in but with a long position that drifted but then closed also in profit.  I've been running it now since Oct 2016 very happily.

To the point about hedging - yes it does hedge, but the manual states it can be run with hedging off, but that this can lessen profit.  So it could be possible to run where hedging isn't allowed.  I've never turned it off, but can see the 'hedge' parm in the settings (set to true by default).

As regards min balance for a standard account - manual says $3,000 for one pair ($30 for a cent account).

I've not used any EA for longer than this one, so that's a thumbs up from me as I've burned through an expensive back catalogue!

ruari,

do you have a myfxbook link ???

all official standard accounts i ever followed from this vendor all blew to smitherines, besides cent accounts and those dont count in my book.

so i have a hard time understanding that you can make this raskal work when the vendor could not.
Hi Reiner,

I've never seen blown acounts and I've been tracking the vendor accounts since before I started using it.  I don't have any clean public accounts that I share now, but I'm running Mode 4 on both pairs and get essentially what the vendor accounts are getting as regards trades.

For AUDCAD I get half the profit as they are running Mode 8, and for USDCAD I get four times the profit as they are running Mode 1.

Good to hear from you again - I was one of your subscribers.

Ruairi,

yes i remember you, wish i could have made you profits, this year been sucky for me so far, not much dd but no gains at all, sigh. but the year is far from over.

i followed a few standard accounts years ago, and none lasted, but if your account survived the recent ucad move then it must be quite the logic.

i follow a lot of accounts all over, and the last 3 weeks usd strenght killed marties left and right, even manual traders trading counter trend got killed.

only scalpers seem to rake it in so far this year, and they are not really my thing.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Tradenow on May 04, 2018, 08:36:53 AM
Thanks Ruari for the detailed infos. Doing the math its hard to run this ea on a standard account for me. If you need 6k$ for two pairs and you manage to get 4% per month out you need two years of trading to get the 6k$ back. In the case you withdraw monthly to lower the risk. Otherwise you put the 6k$ on plate waiting for the first margin call. Thats a long time for a grid but if you survive you are running with free money.  :)
Did you set a bailout after the DD of 61% now or are you running with 100% risk?
I would like to know how often this system would have hit a bailout like 25% since you are running it. Maybe you can do a short backtest on those two pairs with 6k$.

Running such systems on a standard account with full risk is suicide. But with an acceptable emergency sl like 25% this could be very interesting if it doesnt hit it too often.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 04, 2018, 12:30:02 PM
Hi Tradenow. 

There is a setting that is your stoploss which has an associated monetary value.  You can turn this OFF but the manual states the following, so I keep it ON :-

"This is a very important risk management feature.  It is strongly recommended that this is set to True.  If you set this to False, then you are effectively trading without any stoploss and risking your account."

There are other 'smart exit' type features where you can get the EA to exit at specific P/L depening on position / level - e.g. breakeven but I've not set those so it is either full T/P or leave to hit the stop (which it has not done).

Regarding funding - I'd say that running AUDCAD with a $3k balance and then adding USDCAD into the mix when you get to $4.5k would be ok.  You could try both from $3k but there is definetely more risk that way.

Here's what I have since the beginning of the year using Mode 4 :-

AUDCAD +1,100 USD
USDCAD +1,780 USD

So with Mode 1, I would expect this to be around a quarter of that.

There are backtests on the FLC website, but looking at the history of the live accounts gives a good idea of how this goes about its business.

Canadian used to use this one too, but I think he has stopped - don't know if he ever got burned with it.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Tradenow on May 04, 2018, 02:57:41 PM
Thanks Ruairi for the detailed infos. Like i said before this is realy an interesting system.
So you got around 3k$ only this year from trading both pairs? This is a great result.
Starting with 3k$ on one pair and adding second pair later is a good strategy.
Will check the backtest on their site to get an idea of max dd in the past.

May the pips be with you!
 8)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 04, 2018, 04:50:29 PM
May the pips be with you!
 8)
And with you  :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: 5ninefish on June 02, 2018, 04:56:51 AM
Due to Ruairi's long-term and detailed history, I got this EA and it's been great so far. I've been running it for a little over a month, and it just keeps cranking out steady profit. I've got a 5K account running at Level 2 (with appropriate min balance and max drawdown protections), and it's made about $350 so far - so it's more than paid for itself already. After getting burned by various EA's over the past year or so, I'm wondering what's the "catch" with this one. It seems to have a history of churning slow but steady profit over a long period of time, so why isn't it more popular? Why doesn't everybody have this one humming along in the background? Going back to 2015, it doesn't look like it fell off any cliffs, unlike most popular EAs I see being discussed here. I'm wanting to drop a lot more capital on this and ramp up the risk to Level 4 or 5, but I feel like I'm missing something. Canadian seems to have been on this one for a bit and did well, then dropped it. I know the potential is always there for a huge loss, but that seems par for the course no matter what EA/MAMM/PAMM I sign up with. After slogging through endless ups and downs with SFE, BS, etc, I'm kind of looking forward to a long period of steady, boring climb upwards. What am I missing?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dasher1980 on June 02, 2018, 01:32:59 PM
I have had my eye on that one for a while as well, however it does look a like a Martingale system which means you need to have a massive account and at some stage you will be probably lose all. If you look at the dev account, he is trading a 50k live account where he only makes on average half a % per month. Which means he trades very low lotsizes so the system can increase the lotsizes a lot to make up for losses.

If you make 350 on a 5k account it probably means you are running this at lot higher risk than the developer does, so the chances of your account being blown is high.

But would be keen to hear others thoughts?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: donbon2 on June 03, 2018, 10:16:53 PM
the one thing I notice is in the history it goes from 0.01 to 0.38

so yeah probably not for me - against the trend.

I started a thread on doing the opposite - martingale with trend with very small SL ... it was at 1/4 trades right which is right in the sweet spot of returns.

right now the EAs to use are Wall Streets -- but some of the profits could go into the trend martingales while markets are moving and just turn off when goes quiet.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on July 04, 2018, 11:42:20 PM
Little update on further progress since the beginning of this year using Mode 4 :-

AUDCAD +2,551 USD
USDCAD +4,086 USD

I'm reading the comments above about being wary of this, but the performance history is there and for me it is still working well.  I did manage one losing day a coule of weeks ago, but that was due to some slippage and I was down around $7 which was very quickly topped up again the following day.  I don't recall another losing day.  Ever.  That'll put the jinxers on it now for sure  :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: 5ninefish on August 29, 2018, 03:29:32 AM
In a year filled with disappointment across the board, this is 1 of the 2 systems I am involved in that is still profitable. All the others have sputtered or magnificently failed. FourLeaf just keeps chugging out steady profit with minimal drawdown. All the warnings have kept me from throwing a lot of capital at this, but it's nice to periodically check in and see it quietly doing its thing.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on September 05, 2018, 12:31:40 PM
In a year filled with disappointment across the board, this is 1 of the 2 systems I am involved in that is still profitable. All the others have sputtered or magnificently failed. FourLeaf just keeps chugging out steady profit with minimal drawdown. All the warnings have kept me from throwing a lot of capital at this, but it's nice to periodically check in and see it quietly doing its thing.
Agree with the above - I've been using Fourleafclover for almost 2 years (it will be 2 years next month) on AUDCAD & USDCAD pairs and it is is the most successful / profitable EA that I have ever owned.

I've not been inclined to keep hunting the forums for the latest and greatest EA releases now and just stick with this and one other (EZE - though that does have quite a bit of flaoting DD locked in by nature).
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on October 19, 2018, 12:15:27 PM
Little update - still plugging away and still consistently profitable and in line with the vendor accounts for the two pairs I'm running:

http://www.myfxbook.com/members/FourLeafCloverFX/audcad-wwwfourleafcloverfxcom/1408955
http://www.myfxbook.com/members/FourLeafCloverFX/usdcad-wwwfourleafcloverfxcom/1871260

The descent of AUDCAD has been pulling in good profit and also now on the bounce back up.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: 5ninefish on November 27, 2018, 06:30:24 AM
Just chiming in with another boring update. Fourleaf is still cranking out steady profits running the AUDCAD and USDCAD pairs. It's currently sitting at 99.7% equity and 24% profit since mid April. No complaints here, and I've got my stops and safeties in place should the worst happen.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: jwatts7701 on November 27, 2018, 06:17:29 PM
thank you Ruairi and 5nine. I usually avoid martingales and often even grids. But this may just warrant a run, as I have been following it for long enough now and it seems that it can manage big risks good unlike most other grids and martys. thanks for keeping this up to date.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on December 14, 2018, 10:22:37 AM
Reflecting back now that we are heading towards the end of another year - I've done very well with this again this year since starting in Oct 2016. 

I'm glad to see some others have too.  It makes a very pleasant change from reading all of the other negative balance stories, so happy days for at least one EA in the portfolio!  Thanks FLC, and good luck to all you other users :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 25, 2019, 11:38:50 AM
Minor excitement to report from Jan 2nd - a losing trade basket on AUDCAD when the market went crazy which resulted in a small loss.  I think this was mainly due to slippage.

Normal service now resumed, loss recovered and in profit again for Jan.  Profitable every month for me thus far.  Good work FLC  :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: adrazz on January 25, 2019, 04:09:00 PM
Anyone else running this?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: 5ninefish on January 26, 2019, 06:28:46 AM
Anyone else running this?

I've been running it since last April with AUDCAD and USDCAD. Profitable every single month, including this month even with the loss early on. It still surprises me that this is not a more popular system.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: adrazz on January 26, 2019, 11:03:37 AM
I might have to get it myself then ;)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: adrazz on January 26, 2019, 11:05:31 AM
How often does it trade?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on January 28, 2019, 02:38:56 PM
How often does it trade?
Frequently - it is almost always in a trade.  Have a look at the history on the vendor site. 

This month for me has been slower than usual on AUDCAD but still made profit on all pairs through the trauma of Jan 2nd.  I'm only running AUDCAD & USDCAD.  There is a third pair on the vendor site that they are running in addition.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on February 26, 2019, 11:41:00 AM
How often does it trade?
Frequently - it is almost always in a trade.  Have a look at the history on the vendor site. 

This month for me has been slower than usual on AUDCAD but still made profit on all pairs through the trauma of Jan 2nd.  I'm only running AUDCAD & USDCAD.  There is a third pair on the vendor site that they are running in addition.

Hello, Ruairi OPleurisy.

Looking at the 4Leaf site FAQ, I notice the minimum requirements for a live account to be 3k USD, per pair and higher, except for  cent accounts; am I reading this correctly?  :-\

Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: 5ninefish on February 27, 2019, 08:15:55 AM
That's what they recommend, probably for maximum safety. I started with $5500 and went with Level 3 or 4 (I can't remember) on two different pairs. I've since dialed it back to Level 2 on two pairs without any problems at about 7K balance now. It didn't even come close to alarming levels of drawdown - maybe 10 or 12% at Level 4? Hasn't come anywhere near that since. I do have hard stops in place, etc. since I realize I'm running it at higher than recommended risk. In fact, I think I might bump it back up to Level 3.

How often does it trade?
Frequently - it is almost always in a trade.  Have a look at the history on the vendor site. 

This month for me has been slower than usual on AUDCAD but still made profit on all pairs through the trauma of Jan 2nd.  I'm only running AUDCAD & USDCAD.  There is a third pair on the vendor site that they are running in addition.

Hello, Ruairi OPleurisy.

Looking at the 4Leaf site FAQ, I notice the minimum requirements for a live account to be 3k USD, per pair and higher, except for  cent accounts; am I reading this correctly?  :-\

Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on February 27, 2019, 11:52:04 AM
That's what they recommend, probably for maximum safety. I started with $5500 and went with Level 3 or 4 (I can't remember) on two different pairs. I've since dialed it back to Level 2 on two pairs without any problems at about 7K balance now. It didn't even come close to alarming levels of drawdown - maybe 10 or 12% at Level 4? Hasn't come anywhere near that since. I do have hard stops in place, etc. since I realize I'm running it at higher than recommended risk. In fact, I think I might bump it back up to Level 3.

How often does it trade?
Frequently - it is almost always in a trade.  Have a look at the history on the vendor site. 

This month for me has been slower than usual on AUDCAD but still made profit on all pairs through the trauma of Jan 2nd.  I'm only running AUDCAD & USDCAD.  There is a third pair on the vendor site that they are running in addition.

Hello, Ruairi OPleurisy.

Looking at the 4Leaf site FAQ, I notice the minimum requirements for a live account to be 3k USD, per pair and higher, except for  cent accounts; am I reading this correctly?  :-\

Regards,
HumbleTrader

Hello, 5ninefish,

I have since opend a demo account of 5k, using two pairs and will be posting this as one of my widgets as soon as it posts one trade in history so I can make it public.  Interested to see this EA do its thing.


DB2 is back and he will lead you to the right "direction"...   ;)

Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: 5ninefish on February 27, 2019, 06:58:48 PM
I just activated AUDUSD at Level 1 to test it out. Backtest shows this one to be the most profitable, so I am heading out to pick the colors on my Bentley now.

That's what they recommend, probably for maximum safety. I started with $5500 and went with Level 3 or 4 (I can't remember) on two different pairs. I've since dialed it back to Level 2 on two pairs without any problems at about 7K balance now. It didn't even come close to alarming levels of drawdown - maybe 10 or 12% at Level 4? Hasn't come anywhere near that since. I do have hard stops in place, etc. since I realize I'm running it at higher than recommended risk. In fact, I think I might bump it back up to Level 3.

How often does it trade?
Frequently - it is almost always in a trade.  Have a look at the history on the vendor site. 

This month for me has been slower than usual on AUDCAD but still made profit on all pairs through the trauma of Jan 2nd.  I'm only running AUDCAD & USDCAD.  There is a third pair on the vendor site that they are running in addition.

Hello, Ruairi OPleurisy.

Looking at the 4Leaf site FAQ, I notice the minimum requirements for a live account to be 3k USD, per pair and higher, except for  cent accounts; am I reading this correctly?  :-\

Regards,
HumbleTrader

Hello, 5ninefish,

I have since opend a demo account of 5k, using two pairs and will be posting this as one of my widgets as soon as it posts one trade in history so I can make it public.  Interested to see this EA do its thing.


DB2 is back and he will lead you to the right "direction"...   ;)

Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on February 28, 2019, 09:14:38 PM
Alright, 4LeafeClover has just made its first trade thus, I was able to post it on my widget list; let's follow it's performance over time.


Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 02, 2019, 10:58:25 AM
Hi Humble, good to see you are giving it a go with the same pairs that I am using.  Are you running it live as well as on demo?

Your account is off to a good start  :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on March 02, 2019, 12:01:50 PM
Hi Humble, good to see you are giving it a go with the same pairs that I am using.  Are you running it live as well as on demo?

Your account is off to a good start  :)

Hello, Ruairi.

It was because of your posts that I became interested and contacted the folks at 4 Leaf to have me give it a go. Based on our  (Donnafx) recommendations to our members,  to initially try any new EA on a demo account, that is what I am doing for now. 😊

As you see, the account is off to a good start, let's see how it trades over three months.


Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on March 04, 2019, 01:10:23 PM
Which risk level are you using and which pairs?

Hi Humble, good to see you are giving it a go with the same pairs that I am using.  Are you running it live as well as on demo?

Your account is off to a good start  :)

Hello, Ruairi.

It was because of your posts that I became interested and contacted the folks at 4 Leaf to have me give it a go. Based on our  (Donnafx) recommendations to our members,  to initially try any new EA on a demo account, that is what I am doing for now. 😊

As you see, the account is off to a good start, let's see how it trades over three months.


Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on March 04, 2019, 01:19:01 PM
Which risk level are you using and which pairs?

Hi Humble, good to see you are giving it a go with the same pairs that I am using.  Are you running it live as well as on demo?

Your account is off to a good start  :)

Hello, Ruairi.

It was because of your posts that I became interested and contacted the folks at 4 Leaf to have me give it a go. Based on our  (Donnafx) recommendations to our members,  to initially try any new EA on a demo account, that is what I am doing for now. 😊

As you see, the account is off to a good start, let's see how it trades over three months.


Regards,
HumbleTrader

Hello, alaali.

I don't know if you are referring to me or Ruairi. I am using default values which I understand is "Model 1= true". I suppose Ruairi, may have more to say about this.

Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 04, 2019, 02:45:41 PM
Which risk level are you using and which pairs?

Hi alaali, I am using risk level (mode) 4 on AUDCAD & USDCAD pairs.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on March 04, 2019, 02:48:52 PM
Which risk level are you using and which pairs?

Hi alaali, I am using risk level (mode) 4 on AUDCAD & USDCAD pairs.

What is the balance on your account? I am not sure should I use mode 4 for AUDCAD and USDCAD with a balance of $6000 or start with mode 1 as advised? Did you faced a huge draw down when your account is underfunded?

Thanks
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 04, 2019, 11:48:44 PM
I run AUDCAD & USDCAD together at Mode 4 with $18k balance (that would be like the equivalent of running Mode 1 with $4,500 balance on the same two pairs).  Some other trading is also done on this account so I like to keep the balance up.

I ran very underfunded at the beginning and it was fine, but in Forex I've found that greed has a way of always catching up with you so being more sensible now that the balance has built up.

With Mode 1, the minimum suggested balance in the guide is $3k (regular) or $30 (cent) - I'd start with that and the AUDCAD pair if you want to get a feel for this or the two recommended pairs (AUDCAD & USDCAD) with a $4,500 balance.  You can go with less and risk the two pairs with $3k and likely be absolutely fine but that would be over-trading I think.

I just let it get on with it now without having to worry and take out the profits every month.  To me, that's better than always looking at accounts worrying from day to day if you are going to blow it if you've put a very small deposit in.  Though I guess if you start small and get lucky then that's another way to go at it!
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on March 05, 2019, 06:44:49 AM
Thanks for your detailed answer. Will start with mode 1 and will see how it goes.

I run AUDCAD & USDCAD together at Mode 4 with $18k balance (that would be like the equivalent of running Mode 1 with $4,500 balance on the same two pairs).  Some other trading is also done on this account so I like to keep the balance up.

I ran very underfunded at the beginning and it was fine, but in Forex I've found that greed has a way of always catching up with you so being more sensible now that the balance has built up.

With Mode 1, the minimum suggested balance in the guide is $3k (regular) or $30 (cent) - I'd start with that and the AUDCAD pair if you want to get a feel for this or the two recommended pairs (AUDCAD & USDCAD) with a $4,500 balance.  You can go with less and risk the two pairs with $3k and likely be absolutely fine but that would be over-trading I think.

I just let it get on with it now without having to worry and take out the profits every month.  To me, that's better than always looking at accounts worrying from day to day if you are going to blow it if you've put a very small deposit in.  Though I guess if you start small and get lucky then that's another way to go at it!
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 07, 2019, 11:12:51 PM
Humble, have you dropped the FLC account that you just started?  Your sig now just has another new Z Trader entry.

This set me thinking about this page which is no longer maintained - what about resurrecting it with the  EAs that are on forward test :-

https://donnaforex.com/index.php?page=livetests

It's pretty poor when we don't have anything current there to show as being profitable or even anything in forward test.  What about adding them in there so it possible to compare?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on March 07, 2019, 11:34:19 PM
Humble, have you dropped the FLC account that you just started?  Your sig now just has another new Z Trader entry.

This set me thinking about this page which is no longer maintained - what about resurrecting it with the  EAs that are on forward test :-

https://donnaforex.com/index.php?page=livetests

It's pretty poor when we don't have anything current there to show as being profitable or even anything in forward test.  What about adding them in there so it possible to compare?

Hello, Ruairi OPleurisy.

That is my next step to ask Fourleaf to lisence the same account as ZTrader. Given that 4Leaf is prolific with trades and ZTrade not that often, I don't see any problem why they cannot work together on the same cent account and we can differentiate from one another via their magic numbers.

On to getting in touch with 4Leaf.  :)

Regards,
HumbleTrader

Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on March 08, 2019, 11:52:10 AM
Humble, have you dropped the FLC account that you just started?  Your sig now just has another new Z Trader entry.

This set me thinking about this page which is no longer maintained - what about resurrecting it with the  EAs that are on forward test :-

https://donnaforex.com/index.php?page=livetests

It's pretty poor when we don't have anything current there to show as being profitable or even anything in forward test.  What about adding them in there so it possible to compare?

Hello, Ruairi OPleurisy.

That is my next step to ask Fourleaf to lisence the same account as ZTrader. Given that 4Leaf is prolific with trades and ZTrade not that often, I don't see any problem why they cannot work together on the same cent account and we can differentiate from one another via their magic numbers.  (Inc. ZTrader EA, Magic #1000)

On to getting in touch with 4Leaf.  :)

Regards,
HumbleTrader


Happy to announce that the folks at FourLeafClover (magic # 4411144), have allowed  me to run their EA which appears in the widget in my signature.

Best of luck and many green pips.  :)

Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 11, 2019, 02:48:23 PM
Humble,

I see you have started this new account with AUDUSD (rather than AUDCAD) and USDCAD pairs.  AUDCAD & USDCAD are the two recommended pairs by FLC so is this a mistake?

AUDCAD got off to a great start on the other account you started.  You can stop further trades on AUDUSD by setting the 'allowNewTrades' to false (existing trades will be managed to closure) and opening another chart for AUDCAD...

Ruairi
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on March 11, 2019, 03:05:45 PM
Humble,

I see you have started this new account with AUDUSD (rather than AUDCAD) and USDCAD pairs.  AUDCAD & USDCAD are the two recommended pairs by FLC so is this a mistake?

AUDCAD got off to a great start on the other account you started.  You can stop further trades on AUDUSD by setting the 'allowNewTrades' to false (existing trades will be managed to closure) and opening another chart for AUDCAD...

Ruairi

Well noted and corrected, Ruairi OPleurisy. I must have been drunk on Irish Brew; thanks for that. :)

Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: diyforexskills on March 19, 2019, 09:35:26 AM
Unless you are going to trade with Dukascopy, why bother? Your own broker price feed data for forward testing trading is unlikely to be of 99.9% quality.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on March 28, 2019, 01:54:07 PM
So it is almost a month and added 3 pairs to a 3k account (AUDCAD, USDCAD, and EURGBP) and happy with the results so far. It is not as exiting as watching other EAs but it keep adding profit day by day.

I have a spare cash ready to deposit when needed but happy with the max drawdown so far which is around 6%.

Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on March 28, 2019, 02:13:34 PM
So it is almost a month and added 3 pairs to a 3k account (AUDCAD, USDCAD, and EURGBP) and happy with the results so far. It is not as exiting as watching other EAs but it keep adding profit day by day.

I have a spare cash ready to deposit when needed but happy with the max drawdown so far which is around 6%.

I would agree; looking at my signature myfxbook account (magic #4411144 ), the monthly gain (Monthly: 1.09%) to DD ( Drawdown: 0.74%) ratio is quite good.  :)


Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: reinerh on March 28, 2019, 06:09:15 PM
So it is almost a month and added 3 pairs to a 3k account (AUDCAD, USDCAD, and EURGBP) and happy with the results so far. It is not as exiting as watching other EAs but it keep adding profit day by day.

I have a spare cash ready to deposit when needed but happy with the max drawdown so far which is around 6%.

I would agree; looking at my signature myfxbook account (magic #4411144 ), the monthly gain (Monthly: 1.09%) to DD ( Drawdown: 0.74%) ratio is quite good.  :)


Rewards,
HumbleTrader

humble,

i sure agree gain to dd thats what one needs to look for.

but with any grid martie, its smooth sailing for a long time, till it can go kaboom. to avoid this one has has have a stop in mind.

every grid marty i ever backtested blows at some point, the trick is to not let that happen.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: 5ninefish on March 28, 2019, 07:03:01 PM
So it is almost a month and added 3 pairs to a 3k account (AUDCAD, USDCAD, and EURGBP) and happy with the results so far. It is not as exiting as watching other EAs but it keep adding profit day by day.

I have a spare cash ready to deposit when needed but happy with the max drawdown so far which is around 6%.

I would agree; looking at my signature myfxbook account (magic #4411144 ), the monthly gain (Monthly: 1.09%) to DD ( Drawdown: 0.74%) ratio is quite good.  :)


Rewards,
HumbleTrader

humble,

i sure agree gain to dd thats what one needs to look for.

but with any grid martie, its smooth sailing for a long time, till it can go kaboom. to avoid this one has has have a stop in mind.

every grid marty i ever backtested blows at some point, the trick is to not let that happen.

Agreed. Thankfully this one has been smooth sailing for a while now, so my stops are all in profit territory. This is the most boring (in a good way) little money machine ever.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Hagerlo on April 06, 2019, 10:02:14 AM
Hi guys! I’ve been running Fourleaf on a demo account for a couple of months, planning on going live in a month or two. I’m trading AUDCAD, USDCAD on Mode1 and very happy with the results so far.

However, trying to wrap my head around the money management, perhaps someone could help..

Given the live environment will be a 20k account with 1:200 leverage, adding EURGBP and changing to mode4, how should one calculate ‘floatingDDBasedExitValue’? The manual doesn’t say if the default values for this parameter assumes all pairs being traded together.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on April 06, 2019, 03:55:33 PM
I think it is for the whole account and not per currency.

It is always better to ask the support directly. They are helpful and usually answer in a timely manner.

Hi guys! I’ve been running Fourleaf on a demo account for a couple of months, planning on going live in a month or two. I’m trading AUDCAD, USDCAD on Mode1 and very happy with the results so far.

However, trying to wrap my head around the money management, perhaps someone could help..

Given the live environment will be a 20k account with 1:200 leverage, adding EURGBP and changing to mode4, how should one calculate ‘floatingDDBasedExitValue’? The manual doesn’t say if the default values for this parameter assumes all pairs being traded together.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Hagerlo on April 08, 2019, 12:55:14 PM
I contacted the support and thought their answer could be of benefit for others on the forum:

”The 'floatingDDBasedExitValue' is specific to the pair to which the EA is attached.  This is the relevant snippet from the manual: "If drawdown based trade exits are enabled then should the floating drawdown of FourLeafClover trades on the current pair reach this level then FourLeafClover will close those trades."

Important to note that the parameter is specific to each pair traded, not the whole account.
Also, they recommended me to select mode3 with floatingDDBasedExitValue set to -13500 for my 20k account with 1:200 leverage.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on April 08, 2019, 03:23:26 PM
I contacted the support and thought their answer could be of benefit for others on the forum:

”The 'floatingDDBasedExitValue' is specific to the pair to which the EA is attached.  This is the relevant snippet from the manual: "If drawdown based trade exits are enabled then should the floating drawdown of FourLeafClover trades on the current pair reach this level then FourLeafClover will close those trades."

Important to note that the parameter is specific to each pair traded, not the whole account.
Also, they recommended me to select mode3 with floatingDDBasedExitValue set to -13500 for my 20k account with 1:200 leverage.

Thanks for the information.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on April 13, 2019, 11:00:11 AM
The last couple of months have been sluggish for me (AUDCAD & USDCAD) but still profitable.  The markets have been in tighter ranges as Reiner noted in another thread.

It may be quieter just now, but the key for me is that this does not equate to losses, just a little less gains!  :D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Humble Trader's Fx on April 13, 2019, 12:03:43 PM
The last couple of months have been sluggish for me (AUDCAD & USDCAD) but still profitable.  The markets have been in tighter ranges as Reiner noted in another thread.

It may be quieter just now, but the key for me is that this does not equate to losses, just a little less gains!  :D

I concur with you, Ruairi OPleurisy. Looking at my widget test on myfxbook, we can see a modest gain with a reasonable dd.  :)


Regards,
HumbleTrader
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: mikekitur on May 07, 2019, 04:55:57 AM
Hi All,

Is it better to have Ecn account or just standard account for this Ea?

Any different in ROI?

Thought to buy this Ea, and not sure if i should register as ecn or not.

Thanks in advanxe
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 07, 2019, 04:27:02 PM
Hi, I don't think it matters much as this is not a scalper but do choose a broker that has decent spreads on the pairs you are going to trade (AUDCAD spread can vary and be a little higher on some brokers and this is one of the recommended pairs).  You should have no problem with USDCAD spread - the other recommended pair.

Here is a MyFxbook live spread comparison across brokers.  You can filter on pairs / brokers of interest.  I found it a great reference in ther past.  I also had a spread monitoring EA that I think I uploaded somewhere once - will see if I can find that.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: mikekitur on May 07, 2019, 04:37:41 PM
Noted, Thx Mr Ruairi
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on May 07, 2019, 04:44:47 PM
I'm sure there was a Tools / Donwloads section here where I put this:
http://www.donnaforex.com/index.php?action=downloads;cat=2 but it seems to have gone  >:(

Have attached the spread monitor (spreadwatch EA) that I have used in the past.  You will need to attach it to demo accounts of brokers you are interested in and it will report on varying spreads for you and you can set specific timeframes of interest - quite nice actually.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: mikekitur on May 10, 2019, 06:38:26 PM
Thx Mr Ruari, I am using IC Market, hopefully the spread are ok :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on August 07, 2019, 05:01:43 PM
The forum is quiet these days - I suspect that this is because not many EAs are working well...

Happy to report back that I'm still using this one successfully with profit every month and have not been tempted to buy anything new for quite some time (that could change of course!).
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on September 19, 2019, 02:36:18 PM
I'm giving this a bump as I think it deserves it.

Two members have been in contact in the last couple of weeks asking me if I'm still using this and the answer is yes!

It will be three years next month since I started it live and I've never been able to run any EA successfully for that long.  I'm taking out profit now every month.  Cue carnage...  ;D

I thought I'd share as only fair as I can't find anything else that seems to work consistenly.  Sorry Dasher - we said we should maybe keep quiet but I think the forum needs some positivity that it is possible to make some money currently :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dasher1980 on September 21, 2019, 02:13:22 PM
Quote
Sorry Dasher - we said we should maybe keep quiet but I think the forum needs some positivity that it is possible to make some money currently

haha no probs, as discussed am soon going to ramp up my balance a bit, that generally is sufficient for EA's to stop working :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on December 17, 2019, 03:48:29 PM
I recieved the attached free EA from Fourleafclover.  It's noted for free distribution so sharing here.  Here's the full email stating ok to share...

Dear valued FourLeafClover FX Subscriber,

Please find attached our free complimentary Equity Monitor EA.

You can use this EA to monitor and keep an eye on all of your trading accounts, both on-screen and via email.  Please refer to the sample screenshot and email below (and also attached) :-
(https://thumbsnap.com/i/7D88yxRU.png)
(https://thumbsnap.com/i/XlIyW1Xc.png)

Here are the EA parameters and their meaning :-

enableEmail: ‘true’ enables all emails, ‘false’ disables all emails
equityTriggerLevel: percentage equity level to trigger an email (e.g. 50 will trigger an email if equity drops to 50%)
enableEmailDailySummary: ‘true’ enables daily summary email, ‘false’ disables daily summary email but if enableEmail above is ‘true’, then an equity warning email will still be sent if equity drops to the value of equityTriggerLevel
emailSummaryHour: the hour at which you would like the daily summary email to be sent each day based on your terminal’s Market Watch hour (e.g. ‘17’ for 5pm)

If you wish to use the email facility and need to setup your MT4 terminal for email, then please refer back to your FourLeafClover FX installation guide.

Please feel free to distribute the EA to your friends and fellow traders, share your FourLeafClover FX trading results, and encourage them to visit our website: www.fourleafcloverfx.com

Season’s greetings,
FourLeafClover FX
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on February 08, 2020, 03:09:50 PM
I'm still doing well with this and a good strong start to another year :D

I've started a third pair now - EURGBP based on the live stats on the official site.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Foxy_Trader on February 10, 2020, 10:11:00 AM
I'm giving this a bump as I think it deserves it.

Two members have been in contact in the last couple of weeks asking me if I'm still using this and the answer is yes!

It will be three years next month since I started it live and I've never been able to run any EA successfully for that long.  I'm taking out profit now every month.  Cue carnage...  ;D

I thought I'd share as only fair as I can't find anything else that seems to work consistenly.  Sorry Dasher - we said we should maybe keep quiet but I think the forum needs some positivity that it is possible to make some money currently :)

3 years?! That is quite something. Congratulation on your sucess.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Foxy_Trader on February 10, 2020, 10:12:54 AM
MyFxBook links from their website:

https://www.myfxbook.com/members/FourLeafCloverFX/eurgbp-wwwfourleafcloverfxcom/2188289
https://www.myfxbook.com/members/FourLeafCloverFX/audcad-wwwfourleafcloverfxcom/1408955
https://www.myfxbook.com/members/FourLeafCloverFX/usdcad-wwwfourleafcloverfxcom/1871260
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 16, 2020, 11:02:06 PM
MyFxBook links from their website:

https://www.myfxbook.com/members/FourLeafCloverFX/eurgbp-wwwfourleafcloverfxcom/2188289
https://www.myfxbook.com/members/FourLeafCloverFX/audcad-wwwfourleafcloverfxcom/1408955
https://www.myfxbook.com/members/FourLeafCloverFX/usdcad-wwwfourleafcloverfxcom/1871260
It's been a ripper of a month so far with FLC with all the market volatility 8)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Frederico_K on March 20, 2020, 07:34:18 AM
MyFxBook links from their website:

https://www.myfxbook.com/members/FourLeafCloverFX/eurgbp-wwwfourleafcloverfxcom/2188289
https://www.myfxbook.com/members/FourLeafCloverFX/audcad-wwwfourleafcloverfxcom/1408955
https://www.myfxbook.com/members/FourLeafCloverFX/usdcad-wwwfourleafcloverfxcom/1871260
It's been a ripper of a month so far with FLC with all the market volatility 8)

basically it is a martingale system and should have blow up many times by now. but it doesn't and whenever it looks like the ea will run the account to the ground it magically recovers.

very exciting to follow this one.  :) :)
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dasher1980 on March 21, 2020, 05:49:38 AM
https://www.myfxbook.com/members/FourLeafCloverFX/usdcad-wwwfourleafcloverfxcom/1871260

There you go!
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Frederico_K on March 21, 2020, 07:12:31 AM
That's funny.
Right in my face. Thank you!
;D ;D ;D
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dasher1980 on March 21, 2020, 07:19:17 AM
Ruairi OPleurisy, I know you have been running this one for years, you are running at the same setting as the vendor? i.e. your account was also blown?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on March 21, 2020, 08:13:31 AM
Ruairi OPleurisy, I know you have been running this one for years, you are running at the same setting as the vendor? i.e. your account was also blown?

I am running the same but my account did not blow as the vendor. not sure if the setting of the vendor is different or not.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on March 24, 2020, 11:06:42 PM
Hi all - thankfully my account is fine and made a lot of profit but I have paused trading now in this mad market.

I dropped an email to the vendor about their USDCAD account and the reason they gave for the loss was was the extremely wide spreads that their broker put in place meaning the EA struggled to close a trade sequence.  They have also paused trading for now and I see that Cyborg is noting the same and also the issue with spreads.  The market is really quite scary at present in these unsettled times.

Safe trading all.

Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: rsmereka on March 25, 2020, 02:57:34 PM
I just went to check the USDCAD pair with this EA and the page has been removed.

Hummm
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Coy0te on March 28, 2020, 07:46:35 AM
I just went to check the USDCAD pair with this EA and the page has been removed.

Hummm

Yep, the account was blown up due to the recent volatility and quickly removed. I guess martingale EAs always meet the same destiny sooner or later.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on April 01, 2020, 04:42:25 PM
Just been speaking with Dasher on PM - both of us made quite a lot of money with this especially during the torid time over the last month but I've pressed pause until the market has returned to some semblence of order and spreads are lower.

This is the first time I have paused it since Oct 2016.  Remaining vendor accounts are also paused and others seem to be doing the same with other EAs, whch may be wise in the current climate.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Keysen Johnson on April 15, 2020, 06:08:10 AM
Just been speaking with Dasher on PM - both of us made quite a lot of money with this especially during the torid time over the last month but I've pressed pause until the market has returned to some semblence of order and spreads are lower.

This is the first time I have paused it since Oct 2016.  Remaining vendor accounts are also paused and others seem to be doing the same with other EAs, whch may be wise in the current climate.

pause robots in such hard times is a very wise decision......
i wish everyone did the same thing.... my son texted me and said that he lost a lot due to vendor not stopping at the right time.....
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on August 03, 2020, 05:22:18 PM
I am still using this EA and each month or couple of months I am withdrawing the profit.

For some reason this is the only EA making profit for me. I know that this strategy can be risky and because of that I am withdrawing profit each month to withdraw all the initial capital.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dasher1980 on August 04, 2020, 10:35:52 PM
Thats the only way how these martingales can work.
I am also running this one but had a big loss on USDCAD the other day.

These EA can be indeed very risky at the moment when a pair moves in one direction wirhout any pull back. Was running it fairly conservative but lotsizes ramp up pretty quickly if there isnt any pullback. And for pairs like USDCAD which is really a oil proxy, you have to be really careful. In fact this EA can make money for sure but wouldnt say its a very complex EA. All it does it opens a buy and sell, you win on one and it will martingale itself out of the losing trade and will start again...

The vendor actually blew his account for usdcad, so above Myfxbook account doesnt work anymore.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on August 05, 2020, 07:36:03 AM
I think I got luck with USDCAD. I was using ICMARKETS and actually it was a very profitable set trades for me, however it look like the vendor was using another broker which had slippage which made a profitable basket a losing basket. The problem with a big basket is that any spreads, slippages, and low liquidity can effect the basket at closing time.

My plan was to build the capital and get more from this EA. However my plan now is to withdraw every couple of months till I withdraw all the initial deposit and then withdraw 50% of the profit every month.

Thats the only way how these martingales can work.
I am also running this one but had a big loss on USDCAD the other day.

These EA can be indeed very risky at the moment when a pair moves in one direction wirhout any pull back. Was running it fairly conservative but lotsizes ramp up pretty quickly if there isnt any pullback. And for pairs like USDCAD which is really a oil proxy, you have to be really careful. In fact this EA can make money for sure but wouldnt say its a very complex EA. All it does it opens a buy and sell, you win on one and it will martingale itself out of the losing trade and will start again...

The vendor actually blew his account for usdcad, so above Myfxbook account doesnt work anymore.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Price Pays on August 05, 2020, 10:37:32 AM
How is it doing with the increased volatility. Is it still alive?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on August 05, 2020, 02:05:17 PM
Still working without any issues at least for me.

The vendor blew an old USDCAD account and start a new one.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Ruairi OPleurisy on November 19, 2020, 08:35:25 PM
Hi all,

I've not been back to the forum for a long, long while since the 'argument' with the vendor over on the Swapmaster thread.  I decided that it was just not worth the hastle.  However, amidst the current worldwide depression, I thought it would be nice to spread some good cheer and pop back here again to report good things with this EA!

FLC is the only EA that I am still using and it is still pulling in great profits for me all these years later!  I'm just trading the AUDCAD pair now at higher levels having seen the USDCAD loss noted above.  My account was fine as were those of one or two others on here, but AUDCAD has been far-and-away the best pair.

If you do buy Fourleafclover, make sure you get a good broker that has tight spreads on AUDCAD and it will do very, very well.  The vendor's account is doing very well, even at a broker that has  much higher spreads on AUDCAD than IC Markets (my broker).  My account is mirroring their profit but doing even better.

I hope you are all well and good trading to you all!
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Coy0te on November 21, 2020, 07:54:43 AM
Hi all,

I've not been back to the forum for a long, long while since the 'argument' with the vendor over on the Swapmaster thread.  I decided that it was just not worth the hastle.  However, amidst the current worldwide depression, I thought it would be nice to spread some good cheer and pop back here again to report good things with this EA!

FLC is the only EA that I am still using and it is still pulling in great profits for me all these years later!  I'm just trading the AUDCAD pair now at higher levels having seen the USDCAD loss noted above.  My account was fine as were those of one or two others on here, but AUDCAD has been far-and-away the best pair.

If you do buy Fourleafclover, make sure you get a good broker that has tight spreads on AUDCAD and it will do very, very well.  The vendor's account is doing very well, even at a broker that has  much higher spreads on AUDCAD than IC Markets (my broker).  My account is mirroring their profit but doing even better.

I hope you are all well and good trading to you all!

Hi Ruairi, it is good to have you back, i am trying to diversify my ea portfolio with proven long term eas. Do you have a myfxbook link to your account running four leaf clover ea? I am reticent to add a martingale strategy but i might try with a small capital.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on November 22, 2020, 08:47:54 AM
I am doing great as well using FLC EA.

I am using AUDCAD + USDCAD + EURGBP.

I am always keeping a spare money to deposit to my accounts if needed as I am running it on an under-funded accounts.

It is my second year with this EA and it is the only EA I am using + Blackwave Pacific signal.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: Coy0te on November 22, 2020, 05:45:31 PM
I am doing great as well using FLC EA.

I am using AUDCAD + USDCAD + EURGBP.

I am always keeping a spare money to deposit to my accounts if needed as I am running it on an under-funded accounts.

It is my second year with this EA and it is the only EA I am using + Blackwave Pacific signal.

I am glad you are doing all right alaali. I have just bought Fourleafclover ea and on my way to configure it on one of my accounts for the next year. Do you have a myfxbook link with your FLC ea to share? What is the worst drawdown you have experienced?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dasher1980 on November 22, 2020, 09:08:45 PM
alaali wanted to check with you, I got a pretty large loss on USDCAD in June, did you suffer the same?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on November 23, 2020, 01:21:32 PM
alaali wanted to check with you, I got a pretty large loss on USDCAD in June, did you suffer the same?

I did not get any loss on any pairs till now rather than EURGBP because I increased the mode however did not change the floatingDDBasedExitValue.

The vendor blew a USDCAD account because of some slippage when the EA tried to close the trades.

I am using ICMarkets and did not face any issue till now.
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on November 23, 2020, 01:26:21 PM
I don't have an account which only has this EA as my two accounts have different trades as well.

My accounts are under funded so cannot give you a proper drawdown levels.

I am doing great as well using FLC EA.

I am using AUDCAD + USDCAD + EURGBP.

I am always keeping a spare money to deposit to my accounts if needed as I am running it on an under-funded accounts.

It is my second year with this EA and it is the only EA I am using + Blackwave Pacific signal.

I am glad you are doing all right alaali. I have just bought Fourleafclover ea and on my way to configure it on one of my accounts for the next year. Do you have a myfxbook link with your FLC ea to share? What is the worst drawdown you have experienced?
Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: dasher1980 on November 23, 2020, 02:41:00 PM
I also have IC Markets but did get a substantial loss on USDCAD. Not at the same time the vendor blew his account.
I do have a hard stop loss, if I didn't have it, it would have been just fine I guess. But very painful to watch your account going into 70% DD or so.. But I guess this is all part of the game with this time of EA, sooner or later we all know it goes wrong as in case of a loss, lot sizes ramp up until you run out of balance..



Title: Re: FourLeafClover EA from FourLeafClover FX
Post by: alaali on November 24, 2020, 08:49:03 AM
It is a risky EA that we all should agree on.

What I am doing now is always withdrawing money every 2-4 months and keep the remaining to grow the account size. As soon as I withdraw my initial deposit will reduce the amount I withdraw to the minimum. Will see in if this EA still profitable or not.