Thread: 5250 points in one week trading

Excalibur V 3
I have combined an indicator and EA that has show very good results since running it “live” starting October 10. 2008. I do not believe in back testing any EA.
Excalibur V 3 has built in e-mail alerts and is fully automated. It will trade all currencies but has been tested only on the following since I began it live on a “demo “ account.

EUR/USD, USD/CHF, USD/JPY, EUR/JPY, GBP/USD, EUR/CHF, AUD/USD, USD/CAD, NZD/USD, and EUR/CAD.

Excalibur V 3 is designed to run in a “Stealth” mode and not allow the broker to see the stoploss , as determined by the EA, and not allow the broker time to set up any script in an attempt to close down a trade in their favor and execute a loss on your side.

There is a drawdown and it does not perform well on any account under $3,000.00.

Although it will run on any account it is currently running live on a demo “mini” account with a balance of $3,000.00.

I am looking for a few members that are willing to set it up on a demo account and monitor the results.

The e-mail alert system will be deactivated for testing purposes so we can simply monitor the trading results.

If you wish to test the e-mail alert as well then simply ask and I will add you to the e-mail alert list.

The Ea will write to a account summary file written into the /files folder/ as (account#)_Summary.txt file and save all trading results so we can compare different brokers and results.

I would like to see the (account#)_Summary.txt file posted in this forum and the brokers name so we can compare results from different brokers.

Please contact me if you are interested in this project.

Week starting October 10, 2008 ending October Friday 17, 2008
Broker : InterbankFX

Total net profit in points 5250
Gross profit in points 5447

Gross loss in points -197
Absolute drawdown 0
Maximal drawdown 12 (0.2636%)
Relative drawdown 15% (9)
Trades total 404
Short positions (won %) 191 (87.4346%)
Long positions (won %) 213 (88.2629%)
Profit trades (% of total) 355 (87.8713%)
Loss trades (% of total) 49 (12.1287%)
Largest profit trade in points 116
Largest loss trade in points -6
Average profit trade in points 15.34366197
Average loss trade in points -4.02040816

To Success
Pheniox

The zip file contains the following:
Excalibur_v3 Manual.exe This is the current instruction manual. Not the best but a work in progress.

Excalibur_Filters.ex4 This file goes into the /indicators folder and Excalibur V3 uses it to determine its trades. You do not need to attach it to any chart.

Excalibur_V3.ex4 is the Excalibur V3 EA and goes into the /experts folder. It can be used on any currency and work best so far with a 15 m time frame.

SummaryReportInPoints.ex4 goes into the /experts folder also and has to be placed on any chart other than one you are attempting to trade on. You can open as an example tow EUR/USD charts and place this file on one and the Excalibur_V3 on the other. This EA will write a summary file to your /files folder and update this file every time a trade is closed keeping tack of all losses and wins. We need this file posted at the end of the week so we can see the results from different brokers. It would also be interesting if some members used different time frames so we could compare the results. When posting the summary file located in the files folder please state the time frame and broker you are using. It will be interesting to see the results of other time frames other than the recommended 15m

Excalibur V3 also has a full e-mail alert feature, currently disabled for this part of beta testing but will be enabled once we have test this function a bit later.

Excalibur V3 has an expiry date and will expire on a monthly basis. I will update Excalibur V3 on a regular basis and upload the newest version far before the current on ever expires.

Excalibur V3 will be free to any member that stays with this beta testing till it is completed. Beta testing is hard and boring at the best of times and I would never consider selling any EA to those that participated in the testing.

Excalibur V3 uses several internal indicators to make its trade decisions. The original indicator has done nothing but make a profit for the past year but had to be traded manually. Excalibur V3 was designed to attempt to make this an automated trading indicator so that the trade does not have to sit in front of the computer every day.

The Excalibur_Filters.ex4 can be attached to a chart on it's own and traded manually when it gives a trade signal but nothing is more boring that waiting for such signals.

Lets try to work together to make this work as an automated trader. The Excalibur_Filters.ex4 indicator alone is priceless in my opinion.

Some members are having difficulty opening the Excalibur_v3 Manual.exe instruction manual. Simply insure that the extension is . exe and not something else.

Excalibur_V3 determines its trade signals using several indicators working with one another to determine its trade signals.

Pheniox
File size isa too lage for this forum you may download the ea and manual from here
http://fxreports.net/excal_download/Excalibur_V3.zip

Hello, I´m going to test this EA in a demo account with 3000 € from today 19/10/2008 at 23:00 h.

I supose that the correct time chart is 1H, isn´t it...?

My idea is work with it, in some weeks with real money, what do you think? Have you test it with real money?

I am at your disposal for testing the EA if you want to take my experience.

Thanhs. Jose Maria.

Originally Posted by josevt770

Hello, I´m going to test this EA in a demo account with 3000 € from today 19/10/2008 at 23:00 h.

I supose that the correct time chart is 1H, isn´t it...?

My idea is work with it, in some weeks with real money, what do you think? Have you test it with real money?

I am at your disposal for testing the EA if you want to take my experience.

Thanhs. Jose Maria.

Jose
The Ea will trade on any chart but I have found it works best on the 15 m chart on nay currency. Some trades may be open for a conciderable amount of time depending on the market conditions but we also want to take advantage of any additional positive swap rates as well.

I am currently running it on a live funded account.with a starting balance of $3,000.00 and using the default mini lots.

Bernard

What about your protits in the real account?

What ratio of the balance the EA compromise? Is there any form of limit this?

Thanks.

Originally Posted by josevt770

What about your protits in the real account?

What ratio of the balance the EA compromise? Is there any form of limit this?

Thanks.

My real account currently has a profit of 5469 pips wit open trades in a draw down of 2,325 pips which I expect to run into a positive position is the nest week.

The EA is currently program of a risk value of 1% of the account balance for each currency traded.

When finished and released the final version which will be issued free to all beta testers will allow the trader to change all the current trade settings.

Bernard

i'm interested