Test version ELM EA 2.1 before release on 10 brokers for 30 days.

[m3svcs]

Hello Jared

Will settings be made available for the upcoming ELM 2.1 Opti version too? I am struggling with profitability now running the ELM 1.9 Opti which could be due to using non-optimal settings for the ELM 1.9 Opti.

I would appreciate it if you could direct me to your support team for fine tuning the ELM 1.9 Opti on TickMill-UK 1:30.

I started with Demo US$1,000 for a week or 2 now.


Thank you very much.

 

[cavv]

Hello ! what VPS server are you using? your ping is high, I work on a real account with a VPS server in London and mine is no more than 10ms

 

[worad]

Hi Jared,

which vps provider do you use for these accounts below? And which leverage do you have on the accounts? Is it 30:1 or 500.1?

Thanks for your answers!

Hi all,

I have not pleased you with the results of ELM_EA on my accounts for a long time. I did not waste time in vain and prepared trading accounts.

On Friday (26/08) I finished the accounts preparation, there will be 10 new real accounts with different brokers in total.

Version: 2.1 Professional MT5
Currency pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, EURJPY, AUDJPY, AUDNZD, EURGBP, EURAUD, GBPJPY
Server: 32 GB/10 Core/2 Gbps/UK

All accounts will be launched with the new update version 2.1.
I have made some important changes in the signal filters of the algorithm. The update is being tested for 30 days before release. If no bugs are found, there will be a release. Update is free for all customers.

As a result, we will determine the best broker and optimal parameters for the new version 2.1 .

Real accounts for the contest are opened at these brokers.

#FPMarkets
#FxPro
#Tickmill
#FBS
#GOMARKETS
#IcMarkets
#FXTM
#XMBroker
#ActivTrades
#NDDFX

Contest conditions:
Loss: -25% account is disabled from trading.
Profit: 30% > account moves to the next stage of the contest.

Depending on free time, I will try sometimes to do a detailed analysis of each of the trading accounts.

Of course, the results of ELM_EA version 2.1 will be in my Telegram channel daily for 1 month - @elonmuskeacom_results

Wait for news and be nicer to each other!

If you have something to say, wait here - @develonbot.

Have a nice weekend everyone!

 

[m3svcs]

Hello ! what VPS server are you using? your ping is high, I work on a real account with a VPS server in London and mine is no more than 10ms

Noted, let me work on the ping and the set files for MT5 1.9 Opti TickMill-UK 1:30, who is your VPS vendor?

Thank you very much.

 

[Wollis]

Hi all,

I have not pleased you with the results of ELM_EA on my accounts for a long time. I did not waste time in vain and prepared trading accounts.

On Friday (26/08) I finished the accounts preparation, there will be 10 new real accounts with different brokers in total.

Version: 2.1 Professional MT5
Currency pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, EURJPY, AUDJPY, AUDNZD, EURGBP, EURAUD, GBPJPY
Server: 32 GB/10 Core/2 Gbps/UK

All accounts will be launched with the new update version 2.1.
I have made some important changes in the signal filters of the algorithm. The update is being tested for 30 days before release. If no bugs are found, there will be a release. Update is free for all customers.

As a result, we will determine the best broker and optimal parameters for the new version 2.1 .

Real accounts for the contest are opened at these brokers.

#FPMarkets
#FxPro
#Tickmill
#FBS
#GOMARKETS
#IcMarkets
#FXTM
#XMBroker
#ActivTrades
#NDDFX

Contest conditions:
Loss: -25% account is disabled from trading.
Profit: 30% > account moves to the next stage of the contest.

Depending on free time, I will try sometimes to do a detailed analysis of each of the trading accounts.

Of course, the results of ELM_EA version 2.1 will be in my Telegram channel daily for 1 month - @elonmuskeacom_results

Wait for news and be nicer to each other!

If you have something to say, wait here - @develonbot.

Have a nice weekend everyone!

Jared is a good guy. I have never found a serious professional like him, always available to everyone and very good at his job .. Thanks for these updates ..Valentina

 

[Mxgain369]

I agree. VPS provider (I guess chocoping) and server location. Furtermore platform MT4/MT5, leverage and if possible account type. Some set files in the end would also be perfect!
I know it's much information, but for those going to final round or make it to the goal would be perfect!

However, great workyou do anyway.

Correct

 

[Mxgain369]

Hi all,

I have not pleased you with the results of ELM_EA on my accounts for a long time. I did not waste time in vain and prepared trading accounts.

On Friday (26/08) I finished the accounts preparation, there will be 10 new real accounts with different brokers in total.

Version: 2.1 Professional MT5
Currency pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, EURJPY, AUDJPY, AUDNZD, EURGBP, EURAUD, GBPJPY
Server: 32 GB/10 Core/2 Gbps/UK

All accounts will be launched with the new update version 2.1.
I have made some important changes in the signal filters of the algorithm. The update is being tested for 30 days before release. If no bugs are found, there will be a release. Update is free for all customers.

As a result, we will determine the best broker and optimal parameters for the new version 2.1 .

Real accounts for the contest are opened at these brokers.

#FPMarkets
#FxPro
#Tickmill
#FBS
#GOMARKETS
#IcMarkets
#FXTM
#XMBroker
#ActivTrades
#NDDFX

Contest conditions:
Loss: -25% account is disabled from trading.
Profit: 30% > account moves to the next stage of the contest.

Depending on free time, I will try sometimes to do a detailed analysis of each of the trading accounts.

Of course, the results of ELM_EA version 2.1 will be in my Telegram channel daily for 1 month - @elonmuskeacom_results

Wait for news and be nicer to each other!

If you have something to say, wait here - @develonbot.

Have a nice weekend everyone!

The days we see that the modified BOT has started off taking great trades and so good profits on most of the trading account. This really looks promising. Meanwhile it will be great that once the BOT MAKE THIS PROFITS the bot can also be able to always trade with only the Capital that was invested and preserve the PROFITS already made. This will help really to LOCK the profits and a proper money management system. It can be done by not increasing the LOT size based on the total balance ( I think so) .
Meanwhile it will be also great to know do you use mt4 or mt5, which type of account & which VPS company / how many servers to run all these accounts etc.

 

[m3svcs]

The days we see that the modified BOT has started off taking great trades and so good profits on most of the trading account. This really looks promising. Meanwhile it will be great that once the BOT MAKE THIS PROFITS the bot can also be able to always trade with only the Capital that was invested and preserve the PROFITS already made. This will help really to LOCK the profits and a proper money management system. It can be done by not increasing the LOT size based on the total balance ( I think so) .
Meanwhile it will be also great to know do you use mt4 or mt5, which type of account & which VPS company / how many servers to run all these accounts etc.

A good idea: a parameter setting to allow preservation of original capital or allow compounding.

 

[cavv]

The days we see that the modified BOT has started off taking great trades and so good profits on most of the trading account. This really looks promising. Meanwhile it will be great that once the BOT MAKE THIS PROFITS the bot can also be able to always trade with only the Capital that was invested and preserve the PROFITS already made. This will help really to LOCK the profits and a proper money management system. It can be done by not increasing the LOT size based on the total balance ( I think so) .
Meanwhile it will be also great to know do you use mt4 or mt5, which type of account & which VPS company / how many servers to run all these accounts etc.

Yes mate, I agree with you. The heat is on. Profits are getting bigger and bigger. Less and less scepticism. I don't think it's possible for the bot to always trade only with the capital that has been invested. It means that the bot must divide the capital into 2 parts. One part should not be touched because it is profit, and the other part should be used in trading. And how will it automatically select the lot size and risk per trade?

 

[Romuald]

Yes mate, I agree with you. The heat is on. Profits are getting bigger and bigger. Less and less scepticism. I don't think it's possible for the bot to always trade only with the capital that has been invested. It means that the bot must divide the capital into 2 parts. One part should not be touched because it is profit, and the other part should be used in trading. And how will it automatically select the lot size and risk per trade?

Making withdrawals regularly would be a solution.

 

[cavv]

Making withdrawals regularly would be a solution.

This could be a solution, but the bot trades around the clock and at night too. And in order to constantly control profits, you yourself also need to stay awake at night. And what then is the point in algorithmic trading?

 

[julioneves63]

Very interesting to see the differences in results and some indeed have very good results. Some of us later could probably add results of the same test of other brokers for others to have an idea. 10 is already a great number for a test. Thank you Jared . Anxious for the update

 

[phil]

A good idea: a parameter setting to allow preservation of original

Yes mate, I agree with you. The heat is on. Profits are getting bigger and bigger. Less and less scepticism. I don't think it's possible for the bot to always trade only with the capital that has been invested. It means that the bot must divide the capital into 2 parts. One part should not be touched because it is profit, and the other part should be used in trading. And how will it automatically select the lot size and risk per trade?

isn’t there a setting for fixed lot size?

 

[m3svcs]

This is slightly different: it refers to a portion of the equity to be "preserved" (capital preservation) i.e. not released for trading.

 

[Mxgain369]

This could be a solution, but the bot trades around the clock and at night too. And in order to constantly control profits, you yourself also need to stay awake at night. And what then is the point in algorithmic trading?

Correct

 

[cavv]

The bot has two types of lot settings: automatic and manual. You choose the one that suits you.

 

[cavv]

I don’t understand how the bot can divide the capital into two parts in the process of working, so that one part can be frozen and the other used in work? The human factor is excluded here. The bot must do this on its own.

 

[trader.p]

This could be a solution, but the bot trades around the clock and at night too. And in order to constantly control profits, you yourself also need to stay awake at night. And what then is the point in algorithmic trading?

As long as you have funds on your trading account it is at risk! Hence tansfering profits to a second account or wallet if your broker offers it, is the only way to save your profits!
If you ask yourself, why it is like that, there are many reasons. Technically your VPS might hang while trade open or your terminal freezes, looses connection, etc. Also there might be an issue in the EA's code causing a malfunction (no offence Jared).
There might also be a chance that your broker doesn't accept your SL due to extreme market situation causing slipage. Last time that occured was a couple of years on UCAD with many brokers as the was an unsepecte rate hike from Candian side. People saw 80 pip slippage ans were asking themselves why they put a SL.

However, I don't want to draw a dark picture here, but I still believe that the only way to save profits is to take them out of your account.
I see 2 strategies:
1. On a regular basis such as every day, week,etc. or after a certain gain percentage.
2. Let the EA trade the way it does until it reaches 100% - take your investement and be risk-free

Most people prefer the 2nd strategy I think, as it allows for retention effect and therefore it will reach your 100% aim quicker.

 

[cavv]

As long as you have funds on your trading account it is at risk! Hence tansfering profits to a second account or wallet if your broker offers it, is the only way to save your profits!
If you ask yourself, why it is like that, there are many reasons. Technically your VPS might hang while trade open or your terminal freezes, looses connection, etc. Also there might be an issue in the EA's code causing a malfunction (no offence Jared).
There might also be a chance that your broker doesn't accept your SL due to extreme market situation causing slipage. Last time that occured was a couple of years on UCAD with many brokers as the was an unsepecte rate hike from Candian side. People saw 80 pip slippage ans were asking themselves why they put a SL.

However, I don't want to draw a dark picture here, but I still believe that the only way to save profits is to take them out of your account.
I see 2 strategies:
1. On a regular basis such as every day, week,etc. or after a certain gain percentage.
2. Let the EA trade the way it does until it reaches 100% - take your investement and be risk-free

Most people prefer the 2nd strategy I think, as it allows for retention effect and therefore it will reach your 100% aim quicker.

nothing prevents you from withdrawing your profits. It's your business and your choice. But it's not about that. Initially, the discussion began with the ability of the adviser to use only the initial deposit, and not touch the profit in trading. This is a purely technical question. It lies in the plane of the algorithm itself. And we are trying to understand whether it is possible to do this in principle.

 

[trader.p]

nothing prevents you from withdrawing your profits. It's your business and your choice. But it's not about that. Initially, the discussion began with the ability of the adviser to use only the initial deposit, and not touch the profit in trading. This is a purely technical question. It lies in the plane of the algorithm itself. And we are trying to understand whether it is possible to do this in principle.

Okay, understand. In that case need static lot size for instance and results measured against initial equity. Hence it's comparable, just numbers might be lower and from marketing perspective big numbers sell better ;-)