Fxtradepro EA + Manual Hedge

Previously I'm still playing FXtradepro EA using Pallada signal.

Fxtradepro is good EA, but it works on trending market and when combine with trending indicator such as pallada give good result. My previous result is using Pallada signal.

On 9 July 2008 I'm testing FXtradepro using Bouncing pips signal which contain Nonlagdot indicator, zigzag pointer v2 and Nonlagzigzag V2 indicator. The result is disappointed. As soon I enter, the price is ranging like hell. The 1st time Fxtradepro reach level 8. Then I close manually minus $22.

This is the screen shot when I enter Sell and result is reach level 8


On 15 July 2008 I'm using my manual hedge and on 17 July I close for around $20, so the loss from fxtradepro is minimized.
From right know I'm not gonna plating my live IBFX mini account with FXtradepro and I'm gonna stick with my manual hedge which is under testing too.

You can download my live statement here dated 21 July 2008

Fxtradepro June Result

I already going live with FXtradepro Ea using Pallada signal since 11 June 2008.

June result after 3 weeks give 5% return from $500 balance. It give small return and give small Drawdawn too.

I won't post my live statement graphics, because u will be confuse, the graphics go down because of my withdrawal, and u will see high Drawdown about $500 because of my withdrawal.

When u download my live statement, u will see there are 4 trades on 27 June 2008 not using FXtradePro. It's EUR/USD and USD/CHF pair in hedging. I'm testing manual hedge on this live account. It open on 27 June 2008 (Friday) and close on 2 July 2008 (Wednesday) and gain $13.29 in 4 days. Not bad for testing. In next statement maybe u will see another hedging. When It's proven profitable I'll post my manual hedging strategy.

You can download my live statement here dated 7 July 2008

Pallada Plus Fxtradepro Live

In My last post about Pallada plus Fxtradepro, I said I stop forward test because Pallada eats lots of memory. I found the problem and It's because Pallada Signal_Board indicator. After I remove Signal_Board indicator, the memory of my PC back to normal, so I dediced to go live with it.

I go live using IBFX mini account 1:400 leverage since 11 June 2008, one day after I stop my forward test demo.

1st I deposit $1000 but I think It's too much because my demo is $500 and have low DD. So I transfer $500 to my other account. I use conservative setting and only aim 5%-10% a month.

It give return about 5% until now since 11 June 2008. It's about 2 weeks. Not bad.
Thanks to Aryana who make the FXtradepro Clone EA on his blog "MFS".

I don't use the latest version. U can find the latest version of Fxtradepro Clone EA in Aryana's blog in "Time Filter version".

You can download the version I use in Aryana's blog too in here.

This is live statement graphic using combination Fxtradepro EA and Pallada EA since 11 June 2008.


As you can see the graphics is down to south because the withdraw I made on 16 June 2008. Maximal Drawdown: 517.38 (49.56%) in the statement because of the withdraw too. If u want see the drawdown u can see my demo statement on my last post about Pallada plus Fxtradepro

You can download my live statement here dated 26 June 2008

Pallada EA plus Fxtradepro EA result

I like Pallada EA plus Fxtradepro EA. It's because, altough I enter the false signal from Pallada, Fxtradepro EA still can turn into profit. Although the return is small, but It's better than loss. And that's why it suit my style best.

The return for 3 week so far is 8% with max DrawDown $15,22 (2,86%)
This is my forward test statement graphic using combination Fxtradepro EA and Pallada EA since 12 May 2008.


You can download forward test statement dated 03 June 2008

PS : From now I only label FXtradepro EA for the combination with Pallada EA

EDIT 10 June 2008. I don't forward test Fxtradepro plus Pallada again, because new Pallada 3.2 eat lots of memory, even the fixed one and I'm testing many other EA too in my VPS.

Pallada EA plus Fxtradepro EA

I still playing with Fxtradepro Clone EA with Pallada EA on my demo account. The result is quite good.

Advantages using Fxtradepro EA:
Sometimes Pallada Ea give false signal when market in ranging and Fxtradepro Clone EA done a good job about the false signal. I see many false signal on AUD/USD pair and USD/CAD pair which is not a recommended pair to Pallada.

But there is disadvantages using Fxtradepro EA:
Most of the time, Pallada Ea give good signal on GBP/USD pair and EUR/USD pair. So after open position the open order straight to Target Profit.
And when using Fxtradepro EA which is martingale EA, 1st level is 0,01 lot (smallest) lot. So the result are many TP hit on 1st level using Fxtradepro EA on Pallada System. So the return percentage is small, considering using Martingale EA must have a quite big balance or equity.

So far Pallada EA plus Fxtradepro EA give return about 4% since I tested on 12 May 2008 until 27 May 2008. Maximal DD so far is $7.72 (1,52%)

You can read Bobby comment on previous post in Fxtradepro EA and Pallada EA labels about how he makes money using Pallada EA.
You can view Pallada result on their official website "Pallada 3.0 EA"

This is my forward test statement graphic using combination Fxtradepro EA and Pallada EA since 12 May 2008.


You can download forward test statement dated 27 May 2008

Combination Fxtradepro Clone EA and Pallada 3.0 EA

For anyone who often visit Forex Factory Forum, maybe know about Fxtradepro EA.
It's semi automatic EA that use semi martingale system.
You can read more about the original Fxtradepro EA in "Forex Factory Forum". Fxtradepro thread is closed. Maybe the owner Mr. Dan decide to sell Fxtradepro EA which is prohibited to sell EA in Forex Factory. But I'm still not sure about that.

I'm a bit fan of Fxtradepro EA and Fxtradepro system have good potential. I meet a great coder from Indonesia, Aryana and he coded Fxtradepro clone EA for me for free just like the original Fxtradepro EA. You can read it about Aryana works about Fxtradepro Clone EA on his blog "MFS".

To me Fxtradepro EA is a great engine in forex trading and work in trending pair. The original Fxtradepro EA use support and resistance and Fibonacci Line for trigger Fxtradepro EA, but I still can't find a good system for trigger Fxtradepro EA at that time so I don't use it.

Now I try to use Pallada 3.0 EA for the trigger of Fxtradepro EA.
Pallada 3.0 EA is trend follower EA and It's semi automatic EA.
If u want to know more about Pallada EA, you can visit the official website "Pallada 3.0 EA". Fxtradepro EA is good for trending pair and on trending market and is semi automatic EA too.

I begin to forward test it since last week on IBFX demo account.
I use it on major pair GBP/USD, EUR/USD, USD/CHF, USD/JPY, AUD/USD, USD/CAD. Here is the the screen shot of each pair.



As I stated earlier in previous Pallada EA, I work at the office. Maybe I enter the loss signal and I missed the profit signal so I don't use Pallada EA. But when using Fxtradepro Clone EA in Pallada signal, if I enter false signal Fxtradepro Clone EA still can make profit.

The picture shows thousand words.
You can see the screen shot on last trade, Fxtradepro Clone EA hit TP on 1st level each pair, except on AUD/USD pair The Pallada EA signal show sell but the price go up while haven't hit the TP. So Fxtreadepro Clone EA open 2nd level buy order and Hit TP.

You can see also in the screen shot, I missed next entry signal in Pallada EA, because today is a holiday in Indonesia, so I spend time with my family. But I won't worry if I missed the profit signal when using Fxtradepro Clone EA.

Don't use Fxtradepro EA live because I'm still finding the best setting each pair. I don't use the default setting of Fxtradepro Clone EA. The default setting is for original semi martingale Fxtradepro EA. I change the setting become fully martingale EA. You can download the latest Fxtradepro Clone EA on Aryana's blog "MFS".

This is my forward test statement graphic using combination Fxtradepro EA and Pallada EA since 12 May 2008.


You can download forward test statement dated 20 May 2008