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Author Topic: Daxbot  (Read 21151 times)

Online donnaforex

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Daxbot
« on: January 17, 2020, 09:07:56 PM »
Please welcome Daxbot to the forum:

www.daxbot.eu

Please leave comments for the seller or post any questions / experiences you have.
Follow DonnaForex on Facebook and Twitter.
 
If you need to contact me, email admin@donnaforex.com or Skype 'donnaforex' or PM via the forum.

Offline Daxbot

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Re: Daxbot
« Reply #1 on: January 17, 2020, 09:26:39 PM »
thanks donna.
We will upload functional Mt4 demo later this weekend.
We are knocking off now!

Thanks Donna! have a  good weekend....:)

Matt.

Offline laracroft

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Re: Daxbot
« Reply #2 on: January 18, 2020, 01:31:44 PM »
Why does DaxBot appear on mql5 but with the writing: "The author has been deprived of the right to sell products"?

Offline Daxbot

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Re: Daxbot
« Reply #3 on: January 18, 2020, 04:21:29 PM »
Hi DonnaF,
We released good trading Expert Advisor DaxBot.eu
DaxBot.eu Trades only 1 time a day, but accurate with good win rate, 60%+
Please check our performance and website.

FREE MT4 DEMO
Please find attached Fully Working DEMO Version of DAXBOT.eu.

This DEMO works on any Mt4 DEMO account until 31/03/2020. It will backtest etc but not run on a live account.
Please place EA in your MT4>Experts Folder and restart MT4.

We suggest to use same broker as us, admiral markets PRIME MT4>>>>: www.admiral markets.com

Use any broker with DAX but do not expect identical results as ours as feed/spread makes difference to signal generation. Admiral PRIME offer 0.2 spread in DE30. Please do not start complain about different results if you decide to use various brokers. Different brokers have different feeds, thats the way it is. A 1.0 spread is 5% of the target, against a 0.2 spread is 1% of target, this has significant impact to broker house margin, it will increase SL and increase missed TP.

Please run on DAX30 Instrument on Chart 5 min. It will detect if you broker calls it DE30, DAX, DAX30, GER30. not matter.

It is preset to 1000 to 1800 (GMT+2), please change if you broker is different than GMT+2
The trading window should begin when DE30 opens at 9am CET. (8am GMT)

Risk:For +25% a month use 2.0 lot per 1000 balance. (2 a point / 40 per win)
For +50% month use 4.0 lot per 1000 balance.

It trades only 1 time a day. Lot size will X2 after loss and reset after win, only 2 layers of risk.

Take profit and loss set to 2000, this is 20 Dax points.
If you use other brokers, just make sure lot size is correct as some use contract sizes, some use lot sizes etc.

Live licence options are 99 month, 499 6 months, or managed account with 25% fee. (no subscription needed)

Its totally hands free, not need to turn off on holidays or news.

Thank you.
Matts Korsen
admin@daxbot.eu
https://www.myfxbook.com/members/DaxBot/daxbot-admiralprime/3673605
http://www.daxbot.eu
Backtest: https://www.myfxbook.com/strategies/...-3ktest/182390
« Last Edit: January 29, 2020, 11:20:50 AM by Daxbot »

Offline Daxbot

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Re: Daxbot
« Reply #4 on: January 18, 2020, 04:33:19 PM »
Why does DaxBot appear on mql5 but with the writing: "The author has been deprived of the right to sell products"?

Hi LC,
Originally we planned to put EA in MQL store and had uploaded it, but we withdrew because
1. We had to provide an open EA with no expiry
2. It hard to protect IP when its uploaded open source like that
3. We then found illegal vendors selling MQL5 stuff at 10% of cost, so this indicated it not a secure environment.
4. MQL5 charge 20% on sales, we can pass this saving onto client by direct sales.

So, we mentioned it in MQL forum that we left and they said we spammed the forum. Not particularly worried as they don't treat vendors very well and other vendors seem to be able to talk about their products with out issues.
Hope that explains it someway.
Thats the full story.

Offline petersurrey

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Re: Daxbot
« Reply #5 on: January 19, 2020, 04:47:17 AM »
WOW those double-ups after losses can be costly - with 3*7% losers in a row...BUT nice overall results to date.

To give the bot broader appeal I would add more brokers - traders are VERY loyal to their own broker and reluctant to change -, especially outside their regulated country.

The BT shows declining % returns and just one year - any reason for this? 5 years would be more realistic.

One to watch and wait for another 6 months or so IMO.

Your website 'info pack / free demo ' link isn't working   - please post a working link here.

Where is the payment link?

Your website format/style has a very cluttered and 'user-unfriendly' feel - suggestion - you use larger font and more pages, with less text and more graphics per page - graphics are much more powerful than paragraphs of text. Dark grey font is very difficult to read against a black background.

Good luck!
« Last Edit: January 19, 2020, 08:27:09 AM by petersurrey »

Offline Daxbot

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Re: Daxbot
« Reply #6 on: January 19, 2020, 11:08:59 AM »
WOW those double-ups after losses can be costly - with 3*7% losers in a row...BUT nice overall results to date.

To give the bot broader appeal I would add more brokers - traders are VERY loyal to their own broker and reluctant to change -, especially outside their regulated country.

The BT shows declining % returns and just one year - any reason for this? 5 years would be more realistic.

One to watch and wait for another 6 months or so IMO.

Your website 'info pack / free demo ' link isn't working   - please post a working link here.

Where is the payment link?

Your website format/style has a very cluttered and 'user-unfriendly' feel - suggestion - you use larger font and more pages, with less text and more graphics per page - graphics are much more powerful than paragraphs of text. Dark grey font is very difficult to read against a black background.

Good luck!


Hi Peter,
Yes, but max sequence is 4 loss, this happened in Dec but still good end of month profit.
User can set risk to less should they wish.
Bot work in any broker, we suggest admiral but will run anywhere.

Backtest returns look like declining % because account grows but lot size is same. IF you click on PROFIT, you can see its stable each month for producing $$$. (attached image). Longer backtest we can appreciate would be more comprehensive but setting are very good now for the "here and now", if we only have to optimize each 12-18 months then we consider that a success, Range is crucial for robot so if volatility drops substantially need to move to smaller TP/SL but this is only an "if"

We tested our free info pack form, seems to work ok? not sure what you mean there.
We attached a demo of the bot here, still need donna to allow it past moderation.

We offer subscription based, when client want to join, invoice from paypal is emailed to client.
New website coming end of month, we appreciate it is a cluttered wardrobe currently.

Thank you for your feedback it is much appreciated and we hope this is good answers for you,
Matts.

Offline petersurrey

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Re: Daxbot
« Reply #7 on: January 19, 2020, 02:31:50 PM »
Thanks for the update..the link works with chrome not firefox..looks promising going forward!

Offline petersurrey

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Re: Daxbot
« Reply #8 on: January 20, 2020, 02:38:09 PM »
Hi did that -27 pips today include any slippage as I got -20 on IC markets demo? Shame as it eventually came back to the TP...

Offline Daxbot

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Re: Daxbot
« Reply #9 on: January 20, 2020, 09:26:43 PM »
hi,
yes stop was @ -20, slippage part of DE30 trading,
But positive slippage happens regularly also
IF win rate is >60% then it benefits over long run.
7 pips slippage is not typical.
Yeah was a pretty big spike down today before reversing back. Just one day of many :)

Matt.
www.daxbot.eu
« Last Edit: January 20, 2020, 09:28:22 PM by Daxbot »

Offline energetic

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Re: Daxbot
« Reply #10 on: January 21, 2020, 08:46:51 AM »
I downloaded the demo from the website and did the backtest. But it said "License invalid"

Offline petersurrey

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Re: Daxbot
« Reply #11 on: January 21, 2020, 09:08:49 AM »
-20 pips on ic markets demo - strange entry today - after 100 pip fall it went for another short right at the low.....rather than, say, a pullback. December had 7 losses ( Jan has 'just' 5 including today) and finished16% up. The system appears to be able to produce a string of 5-6 winners so let's see how it plays out...

Offline petersurrey

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Re: Daxbot
« Reply #12 on: January 22, 2020, 01:49:33 PM »
+20 PIPS OR 7.5% today....bringing it back to double-digit % monthly returns to date....demo only at this stage..I LOVE quick-fire systems with little exposure and quick results with fixed SL ...

Offline Ruairi OPleurisy

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Re: Daxbot
« Reply #13 on: January 22, 2020, 04:39:59 PM »
I've stuck it on a Pepperstone 10k demo with the err, lotsize set to a 'conserative' 20 lots based on the advice of 2 lots per $1k balance.  Sounds like fun :)

Offline Ruairi OPleurisy

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Re: Daxbot
« Reply #14 on: January 22, 2020, 04:48:20 PM »
Hi, my first initial observation is that it is writing a messge to the experts log EVERY TICK, noting that it is not time to trade yet.  That's a little wasteful, no?

I likely won't care if it pulls in big demo dollars with my 20 lot trade setting, doubling to 40 lots gamble following a loss :)

Trying to trade such lot sizes on a live account would likely not work... 
Just to be sure on the comment re lot sizing - you are recommending 2 lots per $1k (and not $10k) account size?

Thanks for posting the demo EA.

 

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