Failed Invasion

Filed Under (EA System, Journal) by Casey on 25-03-2010

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Before I close my first quarter for 2010, I thought I should pen this down. I have been putting this off for quite sometime. It all started a long time ago that I did an experiment which I had name it EURO Blitzkrieg.

It was something like my Silly Scalping where I pit all the EA that traded EURCHF on one platform or one account. With Euro Blitzkrieg, I pitted all the EA that traded EURUSD.

From my previous invasion of EURUSD, it was a failed attempted.

And it took me about a few months to re conceptualize this idea. And so in the beginning of this year. I restarted my second wave to push through my battle with EURUSD.

I had attempted initially with PipMiner and ForexBrokerBuster but FBB was neither going here nor there and on top of that FBB was said to be a clone or rather a copy EA of another free EA. (Don’t really want to go in detail with regards to this anymore). I stopped FBB not because it had a drawdown, but it seems to not perform as expected.

The invasion began with a very strong results. But drawdowns from FBB made me stop it last month. And pitted ScalperPro and Primeval on my list.

Unfortunately, the next buster was PipMiner, the drawdown was heavier than FBB. It reminded me of EuroBlaster, where it takes 4 position and scalping profits but large stop loss. Same concept but different name.

And so… with that I only have two small minions trying to push EURUSD through…

Sighh….. Maybe I should give FBB another shot.

The sharp drawdown is mainly due to PipMiner… And nothing else. If experiences have proved to me what needs to be done, is to take out the EA that is just too risky. I believe PipMiner is one of them.

And so… goes my failed invasion….