Author Topic: Drive EAs (Read 20688 times)

Johno · « **Reply #240 on:** August 10, 2012, 07:32:07 am »

Quote from: forexfish on August 03, 2012, 09:26:32 pm

Quote from: Johno on August 03, 2012, 06:15:45 pm
Quote from: Johno on July 27, 2012, 07:12:55 am
I have noticed this with my own myfxbook account as well. The equity line sometimes shows 0 dd. The equity line normally corrects itself within a day. I think this is a bug Myfxbook.

http://www.myfxbook.com/members/drive/yen-drive-high-risk-hot/257540
A high risk account. DD is now at $12064. yesterday was $10690.
Balance is $35614.58
Equity is $23372.75 (65.63%)

I am posting the physical figures here, so we can look back on them in the future.
Watching with interest, IMHO usd drive is a better/stable option, and can probabably be set like aud drive with those pairs.

UPDATE:

DD is -$15384.30
Balance is $35614
Equity is $19898 (55.87%)
So... the equity is lower, and the balance is the same.

Thanks Johno for the update.
I am running complete drive on finfx demo.
and euraud on live account, euraud ea seems runnning well and closing lot of baskets.

Thanks, RU ... That is why I am so cautious, I dont have it atm.

aud balance: $13870
aud drawdown is $1870 atm. (under the open trades)
http://www.myfxbook.com/members/drive/euraud-drive/268575

Yen high risk seems to have a bit of positive progress...
balance: $35614
equity: $21017
DD: $14151 (under the open trades)

What worries me with the yen drive is this protracted and lengthy DD, it just goes on and on. Maybe the aud snaps out of it better.
I may be better off using a highly modified version of envy on my alpari micro...

Dash · « **Reply #241 on:** August 10, 2012, 06:53:44 pm »

Hey guys, please avoid using this EA. i remember testing this EA live, and i had almost 100 positions opened and i realised my broker only allowed 100 max. so i had to manually close this EA at a loss. even if there is a higher position limit, this EA can have DD of over 50% which is dangerous. I'm glad i cut my losses early, I could have loss more $$ if i didnt!

Tazz092 · « **Reply #242 on:** August 20, 2012, 07:06:57 pm »

Quote from: Dash on August 10, 2012, 06:53:44 pm

Hey guys, please avoid using this EA. i remember testing this EA live, and i had almost 100 positions opened and i realised my broker only allowed 100 max. so i had to manually close this EA at a loss. even if there is a higher position limit, this EA can have DD of over 50% which is dangerous. I'm glad i cut my losses early, I could have loss more $$ if i didnt!

Dash my friend.
I had detailed discussion about this on the previous page.

If you want to use the drive ea then you will have to use a competitive broker.

I have been using Drive EA for a while now and i have no complains.

I can only say that drive EAs have made some good profit me...

Tazz092 · « **Reply #243 on:** August 22, 2012, 06:47:18 am »

Basket closed yesterday 15:59

Tazz092 · « **Reply #244 on:** August 30, 2012, 06:56:05 am »

Now that summer holiday season is nearly over for some parts of world we should see more activity in the market.
This should bring better performance for Drive EA.
Anyone with any forecast for month of sept?

Johno · « **Reply #245 on:** August 30, 2012, 07:31:09 am »

This link seems to have gone private. Busted, or blown out?
http://www.myfxbook.com/members/drive/yen-drive-high-risk-hot/257540

Aud drive is doing okay, if a bit slow. See my other posts above.
http://www.myfxbook.com/members/drive/euraud-drive/268575

Anchorpoint · « **Reply #246 on:** August 30, 2012, 08:04:58 am »

Drive EAs (together with Reticolo FX) have a very poor Return / DD ratio. There are much better alternatives. It is just a matter of time before you will be stuck in an eternal DD and get killed by either the Swap or MC (or both)

Stay away

Tazz092 · « **Reply #247 on:** August 31, 2012, 04:04:54 pm »

I think EURAUD drive seems the best one, looking more stable and consistent.

I have had both EURUSD and AUDUSD baskets closed.

Johno · « **Reply #248 on:** September 01, 2012, 08:41:27 pm »

Anchorpoint... Im also not too convinced by the drive range. I have been keeping an eye on them in the meantime.
Still watching the aud drive though.

You could probably find a better grid for free, if you just googled and then tweaked one.

forexfish · « **Reply #249 on:** September 15, 2012, 05:28:10 pm »

Quote from: Johno on September 01, 2012, 08:41:27 pm

Anchorpoint... Im also not too convinced by the drive range. I have been keeping an eye on them in the meantime.
Still watching the aud drive though.

You could probably find a better grid for free, if you just googled and then tweaked one.

I am running Yen Drive since mid May and EURAUD Drive since August, so far they have made roughly �150 with 0.01 lot size and maximum dd is 16%.

I think EURAUD has less dd in vendor accounts so one idea is to run at lot size 0.02 instead of Yen Drive ? or better to run both at 0.01 lot ?

Johno · « **Reply #250 on:** September 16, 2012, 09:58:30 pm »

Thanks for sharing ... It has released alot of the DD.

forexfish · « **Reply #251 on:** September 16, 2012, 11:08:12 pm »

Quote from: Johno on August 30, 2012, 07:31:09 am

This link seems to have gone private. Busted, or blown out?
http://www.myfxbook.com/members/drive/yen-drive-high-risk-hot/257540

I think this has recovered nicely and is high risk settings.

http://www.myfxbook.com/members/drive/yen-drive-high-risk-hot/257540

Vendor suggest low risk i.e. $2,000 for each 0.01

Am running now both Yen Drive + EURAUD Drive with balance �1200 so if dd get slightly bigger than vendor account then I wont mind but as long as it recover nicely.

How is your EURAUD Drive doing ?

bearnakedbull · « **Reply #252 on:** September 21, 2012, 05:54:26 pm »

I have noticed that some of the vendor's account are now "Private" on myfxbook.com, does this mean that they are the first ones to get wiped out?

forexfish · « **Reply #253 on:** September 21, 2012, 06:33:44 pm »

Ok

I think the key is to run at low risk, as vendor low risk account is ganning consistently, its up 40% with maximum dd of 23%.

http://www.myfxbook.com/members/drive/yen-drive-very-low-risk/268576

Mine one basket of EURUSD and one basket of Yen Drive closed today with �8.27 net profit.

My dd so far is 16%, am fine upto 30% level.

Tazz092 · « **Reply #254 on:** September 23, 2012, 09:01:14 am »

Quote from: forexfish on September 21, 2012, 06:33:44 pm

Ok

I think the key is to run at low risk, as vendor low risk account is ganning consistently, its up 40% with maximum dd of 23%.

http://www.myfxbook.com/members/drive/yen-drive-very-low-risk/268576

Mine one basket of EURUSD and one basket of Yen Drive closed today with �8.27 net profit.

My dd so far is 16%, am fine upto 30% level.

EURAUD Drive and USD Drive working great on my account. Yen Drive has old basket.

EURAUD Drive closing basket almost a day, I will increase lot size for this EA as this is more stable and consistent

Author Topic: Drive EAs (Read 20688 times)

Johno

Re: Drive EAs

Dash

Re: Drive EAs

Tazz092

Re: Drive EAs

Tazz092

Re: Drive EAs

Tazz092

Re: Drive EAs

Johno

Re: Drive EAs

Anchorpoint

Re: Drive EAs

Tazz092

Re: Drive EAs

Johno

Re: Drive EAs

forexfish

Re: Drive EAs

Johno

Re: Drive EAs

forexfish

Re: Drive EAs

bearnakedbull

Re: Drive EAs

forexfish

Re: Drive EAs

Tazz092

Re: Drive EAs

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