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Author Topic: Momentum Classic Price Action (via MQL5.com)  (Read 8011 times)

Offline LitnerGo

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #60 on: December 19, 2018, 10:21:00 AM »
Sorry but I guess I'll talk for everyone. DEMO nobody interested!!!
Why? It isn't a scalper - spreads and slippage are not imported for a system. Compare a Demo and Real Money have a sense only for systems, which are depended from execution. Difference for High-Expectency systems between Demo and Live Money are similar with to difference between 2 demo accounts or 2 live accounts.

And don't say NOBODY. If it isn't interested for you, you have said: "DEMO isn't interested for me", but not "nobody".

demo is fine, you are correct in a way.

but if you truly believe in your system have a live account to showcase potential clients.

your last momentum ea ran well for a few weeks as well, then it bombed. vendors who want to be taken seriously have live accounts running. there are many on this forum to be found.

having real money at risk is what gives lots of credit, a demo account is only good for giggles. people have become much smarter over the years and wont fall for this anymore.

and its not really fair for people to shell out good money for an ea and be a guinea pig.

at least thats the way i see it.

Of course Live account will be added, but it's a just a "credit of believe" - not more. For PA systems Demo are enough. Who said: "Demo and Live will be different for PA" ... I ever don't want to comment it ...

Systems of this kind cannot cost $150, as Momentum now costs. Everybody this is well understood. This is price available only because there are no a long-term Live results...

Who only present the DEMO signal does not believe own EA. $150 is the price with signal DEMO is for inexperienced beginners in MQL5 Market but not this forum. This has already been warned by Admin.

Answer a question: why do you need a monitoring?

Because I know yours other EAs and I know how yours real accounts finished!!! Just read comments in MQL5 Market.

Offline ivanvp

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #61 on: December 20, 2018, 06:07:47 AM »
Because I know yours other EAs and I know how yours real accounts finished!!! Just read comments in MQL5 Market.

Open my MyFxBook page - there are all accounts (stoped accounts too). You are writing a things, which don't understand, as a MQL5 users too: they are following only Signals, but not a MyFxBook. MQL5 signals can be stoped automatically by service, when it reached some level of DD or by another criteries, so I am always recommend MyFxBook, but not a signals. At summer a lot of users said that I am disabled EvoNightEA signals: no, system got DD and it was automatically disabled by MQL5 and when it covered a losses it became available automatically. At that time at MyFxBook monitorings of EvoNightEA was available. Yes, I can open high-risks combinations of sets and etc, and then I can disable them (for example, I have opened EvoNightEA with the 40% risks).

Or you have registered specially to comment my systems? :) As I see,  you have a few posts and most of them at this topic :)

Here are my MyFxBook member page:

https://www.myfxbook.com/members/PeregrimEA/

I have opened an Alpari PAMM account for Momentum Classic:



PAMM page: https://alpari.com/en/investor/pamm/428379/

At this account I will use all pairs and presets with the risk 2% per group of orders (as at DEMO monitoring). I decided to exclude XAUUSD, because GOLD is unstable for all system for  a few years. It get only tester-profit, but not at live.

Here are results of XAUUSD for Momentum Classic:



Without XAUUSD results of Momentum Classic much more better:



You asked a real-money account, in which I will believe - here it is. I hope, I will additionally fund account at january ;)
« Last Edit: December 20, 2018, 06:34:23 AM by ivanvp »

Online FLechdrop

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #62 on: December 22, 2018, 08:29:48 AM »
I have turned XAUUSD off, too, now, on my real account. It was indeed the main loser. NZDUSD has been the main winner so far with 100% wins. After only 12 trades, though, I guess that does not mean too much.

On the official demo account. AUDUSD and NZDUSD have been the main winners so far. AUDUSD has not traded since I started running it live.

Offline ivanvp

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #63 on: January 07, 2019, 06:26:19 PM »
I have turned XAUUSD off, too, now, on my real account. It was indeed the main loser. NZDUSD has been the main winner so far with 100% wins. After only 12 trades, though, I guess that does not mean too much.

On the official demo account. AUDUSD and NZDUSD have been the main winners so far. AUDUSD has not traded since I started running it live.

Dear friends, Happy New Year ;)

Yes, AUDUSD and NZDUSD is a main winners, XAUUSD is a main looser :(

Major currency pairs much more stable:



Main Portfolio is looking better without XAUUSD:



But main profit for now AUDUSD and NZDUSD, another pairs at flat...


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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #64 on: January 07, 2019, 09:30:23 PM »
Hmm, it seems mine is not taking any trades anymore since the 20th of December... Any idea why that could be?
« Last Edit: January 08, 2019, 09:52:19 AM by FLechdrop »

Offline ivanvp

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #65 on: January 09, 2019, 12:03:08 PM »
Hmm, it seems mine is not taking any trades anymore since the 20th of December... Any idea why that could be?

Hmm, I had trades, but it's a very dangerous period. I got losses with the EURAUD. One reason: at this period different brokers have different working time, so some brokers had signals to trade, another one - didn't.

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #66 on: January 09, 2019, 07:50:14 PM »
I had trades now, too. It might have been because I am only running the 15m sets.

Offline jwatts7701

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #67 on: January 11, 2019, 04:06:18 PM »
let us all hope that breakout and momentum systems will do better this year. I ran 4 EAs (including apogeum) and was in one PAM with breakouts last year and it was clearly one of the wrong strategies to be using especially with the GBP tough times.

Offline ivanvp

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #68 on: January 12, 2019, 12:34:27 AM »
let us all hope that breakout and momentum systems will do better this year. I ran 4 EAs (including apogeum) and was in one PAM with breakouts last year and it was clearly one of the wrong strategies to be using especially with the GBP tough times.

Yeah, unfortunately last yeear was very bad for breakout strategies. I am hope this year will be more volatility...

But for Apogeum last year helped to make a lot of improvements and I got a new experience.
« Last Edit: January 12, 2019, 12:36:27 AM by ivanvp »

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #69 on: January 31, 2019, 07:10:05 PM »
Well, this had some good trades, triggered by the Fed interest rate release, and some that were in profit but closed in loss unfortunately. I don't know, perhaps a break even function could have helped here?

Offline ivanvp

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #70 on: February 01, 2019, 08:37:46 PM »
Well, this had some good trades, triggered by the Fed interest rate release, and some that were in profit but closed in loss unfortunately. I don't know, perhaps a break even function could have helped here?

With the loss have been closed EURUSD trades. Small trend after impulse at M30 and H1.

System have a trailing stop and it have been started for some presets.

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #71 on: February 01, 2019, 08:53:51 PM »
OK, yes, I noticed. Perhaps it could be a bit tighter. Pity to lose a nice profit.

Some of my trades are still open.

Online FLechdrop

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #72 on: February 01, 2019, 09:27:10 PM »
A Friday end op day closing option would be nice to have in such cases. Could that possibly be added?

Offline ivanvp

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #73 on: February 01, 2019, 09:50:17 PM »
A Friday end op day closing option would be nice to have in such cases. Could that possibly be added?


I have tried it before with the Apogeum - it don't have a sense at longterm...

But at next update I will try to add it.

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Re: Momentum Classic Price Action (via MQL5.com)
« Reply #74 on: February 01, 2019, 10:01:38 PM »
OK. No, it does not seem to be a big issue from the backtests. But it might make one sleep a little better during the weekends. Even if it rarely happens, you could get a huge gap against you one day.

 

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