Since Alpari was my worst performances for three consecutive months. Corrective action needs to be taken… Now before I ran my band of Euro brothers, and Easy-EA.com’s EA… I had three main scalping EA on this account. Mainly, FAPTurbo, RemExpert and Xtreme (both EURGBP and EURCHF)

Because these are scalping EAs… there have taken quite a lot of trades amongst themselves and thus, it was kinda difficult to see how well they performed. So with no other option… I had get down on my knees and start to disect my statement and analyze throughly what and how these three EA are doing.

So… what I did was I downloaded my statement from beginning of April 09 till end of June 09 since it was these period that I took a $hit load of losses. It was not easy…. but after painstaking toying around with my spreadsheet and I manage to get this out…

Over the past three months these was what happened…

Not really that great huh?

Well… the only thing I can say is Xtreme EURGBP is doing what it says it does. And has been very profitable so far.

Now I have only just started with Winalot and EAezGor, while I am please with Winalot it is still too early to tell for EAezGor. It is a long term and it takes very big trends… so I can only judge after maybe 3 months from now.

Now from my band of brothers… This really sucks. Only EuroBlaster is doing really well. On the contrary… Boomerang should be doing well, why do I say this? Because others are doing very well with Boomerang and I do not understand why mine Boomerang is so $hitty… probably because I got it for free…

There were two other EA also which I toyed around for a few weeks… AlfaForex and Forex Rising.

Ouch!! That did not turn out well…

Ok.. now for the juice of the rest of my painful losses. I took a step further and dive in deeper into my scalping EA, Xtreme, RemExpert and FAPTurbo by currency pair.

And it shows where the problem was, I guess the table is clear enough to tell you the outcome of my analysis. And what action I need to take.

So what are the corrective actions I must take. Well… for my scalping EA, I will only activate the EA corresponding to the highlighted currency pair. Except for RemExpert for EURCHF. Since the profit is lower than FAPTurbo… I will use FAPTurbo for EURCHF.

And only use one EA for one currency… In short… Xtreme (EURGBP), FAPTurbo (EURCHF) and RemExpert (USDCAD)

Oh… as for my band of brothers… I believe Pipzu is actually fu(king up the brothers. Why do I say this? Well, because Pipzu does not use any magic number and because of that, I don’t really know if it really messes up with the rest of the team.

This graph further reinforce my believe that Pipzu is really the culprit.

You can’t see it clearly but in this Pipzu graph… there is a show on close arrow indicator but not open arrow indicator. And as I analyze it further… this order number actually belongs to Boomerang….

This is what happens when one does not pay close attention the the trades taken.

Apart from taking Pipzu off the team, I am suspending Transformer… while the backtesting results are interesting. I believe Transformer also does not have any magic number.

Hmmm…. I guess I can tweak transformer and Pipzu to add a magic number into the codes. Also… I also believe my Pipzu version is not customize for 5 digit broker. Well… what do you think I should expert from a free EA?