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Author Topic: Manual Trading Strategy - ProFx  (Read 530911 times)

Offline _Jonathan_

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Re: Manual Trading Strategy - ProFx
« Reply #2280 on: April 06, 2020, 08:34:48 AM »
I followed your "ProFx-Daytrade-Private" account on MyFxbook for the last months and was more than impressed with the results but now the account is private.

Here is what I remember:
 :) 200 or 220 trades
 :) 45 min holding time
 :) 180% gain
 :) gbpusd only, no averaging
 :) 30% dd
 :) 27K profit

Tell me, tell me, tell me:
What happend to it? Blew it?
Is this ProFx?
Who traded this account?




Offline Forex21

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Re: Manual Trading Strategy - ProFx
« Reply #2281 on: April 09, 2020, 08:13:32 PM »
I followed your "ProFx-Daytrade-Private" account on MyFxbook for the last months and was more than impressed with the results but now the account is private.

Here is what I remember:
 :) 200 or 220 trades
 :) 45 min holding time
 :) 180% gain
 :) gbpusd only, no averaging
 :) 30% dd
 :) 27K profit

Tell me, tell me, tell me:
What happend to it? Blew it?
Is this ProFx?
Who traded this account?

No we did not "blew" the account.
But we removed the account from MyFxbook and moved the stats to ForexFactory because there where always trouble with the update process.

1) That is the trade suggestion account. Though we did take a little field trip, the target is to double the account within 12 month. On this account we use ProFx 6 on the M30 and H4 chart and place not more than one trade per day.




2) That is the account you mentioned. It is an actively traded account (short term). On this account we use ProFx 6 on the M1 and M30 chart. Trades are closed based on price action. Trades are closed (negative or positive) when the trading idea is no longer valid.



I hope this helps.
Alexander :)

« Last Edit: April 09, 2020, 08:23:06 PM by Forex21 »

Offline Super Andrew

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Re: Manual Trading Strategy - ProFx
« Reply #2282 on: April 13, 2020, 07:11:07 AM »
Why are the results so different. As it is one system, they should match or be at least very similar?

Offline MastaerFX

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Re: Manual Trading Strategy - ProFx
« Reply #2283 on: April 14, 2020, 07:41:02 AM »
I followed your "ProFx-Daytrade-Private" account on MyFxbook for the last months and was more than impressed with the results but now the account is private.

Here is what I remember:
 :) 200 or 220 trades
 :) 45 min holding time
 :) 180% gain
 :) gbpusd only, no averaging
 :) 30% dd
 :) 27K profit

Tell me, tell me, tell me:
What happend to it? Blew it?
Is this ProFx?
Who traded this account?

No we did not "blew" the account.
But we removed the account from MyFxbook and moved the stats to ForexFactory because there where always trouble with the update process.

1) That is the trade suggestion account. Though we did take a little field trip, the target is to double the account within 12 month. On this account we use ProFx 6 on the M30 and H4 chart and place not more than one trade per day.




2) That is the account you mentioned. It is an actively traded account (short term). On this account we use ProFx 6 on the M1 and M30 chart. Trades are closed based on price action. Trades are closed (negative or positive) when the trading idea is no longer valid.



I hope this helps.
Alexander :)


That is all nice and everything but links to the stats pages would do no harm?

BTW. This topic was started in the year 2009 and is still active. I guess it makes it the oldest thread what is still active. Congratulations!

Offline policepolice

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  • Posts: 12
Re: Manual Trading Strategy - ProFx
« Reply #2284 on: July 07, 2020, 08:30:16 AM »
well there is PROFX7 now

Offline Crabby

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Re: Manual Trading Strategy - ProFx
« Reply #2285 on: July 09, 2020, 09:29:14 AM »
Is it available for MT5?

Offline drunkfx

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Re: Manual Trading Strategy - ProFx
« Reply #2286 on: July 21, 2020, 08:14:29 AM »
Is it available for MT5?

yes I also want to try it on Hotforex's MT5 platform. I think it can be easily recoded for use in MT5

Online Humble Trader's Fx

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Re: Manual Trading Strategy - ProFx
« Reply #2287 on: July 22, 2020, 10:31:13 PM »
I followed your "ProFx-Daytrade-Private" account on MyFxbook for the last months and was more than impressed with the results but now the account is private.

Here is what I remember:
 :) 200 or 220 trades
 :) 45 min holding time
 :) 180% gain
 :) gbpusd only, no averaging
 :) 30% dd
 :) 27K profit

Tell me, tell me, tell me:
What happend to it? Blew it?
Is this ProFx?
Who traded this account?

No we did not "blew" the account.
But we removed the account from MyFxbook and moved the stats to ForexFactory because there where always trouble with the update process.

1) That is the trade suggestion account. Though we did take a little field trip, the target is to double the account within 12 month. On this account we use ProFx 6 on the M30 and H4 chart and place not more than one trade per day.




2) That is the account you mentioned. It is an actively traded account (short term). On this account we use ProFx 6 on the M1 and M30 chart. Trades are closed based on price action. Trades are closed (negative or positive) when the trading idea is no longer valid.



I hope this helps.
Alexander :)


That is all nice and everything but links to the stats pages would do no harm?

BTW. This topic was started in the year 2009 and is still active. I guess it makes it the oldest thread what is still active. Congratulations!


Hello. Jonathan.

The strategy seems good but I guess you need to be at the trading station most of the day. The results seem to be as good as those fo Cyborg EA and this is fully automated; or am I not making a fair assessment?

https://www.myfxbook.com/members/forexcyborg/forex-cyborg-darwinex/2184469

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline Stephan09

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Re: Manual Trading Strategy - ProFx
« Reply #2288 on: July 23, 2020, 11:54:50 AM »
Hello. Jonathan.

The strategy seems good but I guess you need to be at the trading station most of the day. The results seem to be as good as those fo Cyborg EA and this is fully automated; or am I not making a fair assessment?

https://www.myfxbook.com/members/forexcyborg/forex-cyborg-darwinex/2184469

Regards,
HumbleTrader

Looks nice, only the number "This Year -9.17% (-42.74%)" I don't really like. The one has to be a truly patient person to keep EA on his live account that has losses starting from Feb'20. Anyway, July gives a hope! I will watch this one.
Thank you, Humble Trader's Fx.

Online Humble Trader's Fx

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Re: Manual Trading Strategy - ProFx
« Reply #2289 on: July 23, 2020, 12:23:33 PM »
Hello. Jonathan.

The strategy seems good but I guess you need to be at the trading station most of the day. The results seem to be as good as those fo Cyborg EA and this is fully automated; or am I not making a fair assessment?

https://www.myfxbook.com/members/forexcyborg/forex-cyborg-darwinex/2184469

Regards,
HumbleTrader

Looks nice, only the number "This Year -9.17% (-42.74%)" I don't really like. The one has to be a truly patient person to keep EA on his live account that has losses starting from Feb'20. Anyway, July gives a hope! I will watch this one.
Thank you, Humble Trader's Fx.

I agree, but that is the weakness of most bots that are set to work on the "average" market and when things change drastically as has been the case of the Covid issue which has tilted markets on their sides. Like you say, something to watch if it maintains its average over time.

Regards,
Humbletrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline AdamA

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Re: Manual Trading Strategy - ProFx
« Reply #2290 on: August 03, 2020, 06:08:34 PM »
The results seem to be as good as those fo Cyborg EA and this is fully automated; or am I not making a fair assessment?

https://www.myfxbook.com/members/forexcyborg/forex-cyborg-darwinex/2184469

Regards,
HumbleTrader


Cyborg

Abs. Gain: +60.22% in 4 years
Draw down: -29.27%
Profit Factor: 1.18

Five losing months in 2020.

ProFx 7 Trade Suggestions

Abs. Gain: +56.34% in 11 months
Draw Down: -24.49%
Profit Factor: 1.60

One losing month in 2020.

In my book they are as different as day and night.








Offline AdamA

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Re: Manual Trading Strategy - ProFx
« Reply #2291 on: August 03, 2020, 06:15:14 PM »
The results seem to be as good as those fo Cyborg EA and this is fully automated; or am I not making a fair assessment?

https://www.myfxbook.com/members/forexcyborg/forex-cyborg-darwinex/2184469

Regards,
HumbleTrader


Cyborg

Abs. Gain: +60.22% in 4 years
Draw down: -29.27%
Profit Factor: 1.18

Five losing months in 2020.

ProFx 7 Trade Suggestions

Abs. Gain: +56.34% in 11 months
Draw Down: -24.49%
Profit Factor: 1.60

One losing month in 2020.

In my book they are as different as day and night.


I found some more:





Stats link should be somewhere here.
https://forum.forex21.com/viewtopic.php?f=41&t=481


Online Humble Trader's Fx

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Re: Manual Trading Strategy - ProFx
« Reply #2292 on: August 03, 2020, 08:46:17 PM »
The results seem to be as good as those fo Cyborg EA and this is fully automated; or am I not making a fair assessment?

https://www.myfxbook.com/members/forexcyborg/forex-cyborg-darwinex/2184469

Regards,
HumbleTrader


Cyborg

Abs. Gain: +60.22% in 4 years
Draw down: -29.27%
Profit Factor: 1.18

Five losing months in 2020.

ProFx 7 Trade Suggestions

Abs. Gain: +56.34% in 11 months
Draw Down: -24.49%
Profit Factor: 1.60

One losing month in 2020.

In my book they are as different as day and night.

Come back in 3.1 years and let's look at "your book", again. Unless we see a continuous 11+ months "continuous" and independent data set, as was posted on myfxbook, one "might" assume the account blew up and restarted somewhere else. Unlike the Cyborg account which shows NO interruptions. In fact, there are at least three Cyborg public live accounts we can review "without" any interruption for at least two years or more.

We trust that the ProFx is sincere with his posting but we must be able to compare apples with apples. That is not to say that the strategy is not good.

What I was comparing was an automated system, which you set and forget, in most part, with one where you need to be at the computer 24/7.



Regards,
HumbleTrader
« Last Edit: August 03, 2020, 09:02:51 PM by Humble Trader's Fx »
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline AdamA

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Re: Manual Trading Strategy - ProFx
« Reply #2293 on: August 03, 2020, 09:19:00 PM »

Come back in 3.1 years and let's look at "your book", again.


Because I have another opinion you tell me that I should not post on the board for 3.1 years.  :o



« Last Edit: August 03, 2020, 10:01:27 PM by AdamA »

Online Humble Trader's Fx

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Re: Manual Trading Strategy - ProFx
« Reply #2294 on: August 03, 2020, 10:35:44 PM »

Come back in 3.1 years and let's look at "your book", again.


Because I have another opinion you tell me that I should not post on the board for 3.1 years.  :o

Where do I say that? It would be nice if you could read it correctly. The message was "Come back in 3.1 years when you have as equal data as the Cyborg EA".

You are welcome to post here on any subject as long as you respect our guidelines. We will also wait for "data" in 3.1 years.

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

 

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