The EA works as a grid trading system and it’s not a hedging trading system.
A grid trading system works best at a ranging market. This kind of trading style does not like a trending market.

Note:
The Grid Specialist EA is available now and you get an additional license special for the EA.
So you can run it in a separate account if you want.

Grid Specialist EA

Grid Specialist is an aggressive grid trading, you need a sufficient margin to sustain the temporary drawdown.
We test the Grid Speciliast EA at 5 different currency pairs: CHFJPY, EURAUD, EURCHF, EURUSD, USDJPY.
The EA has been increasing our account from $10,000 to 29,773 in 6 months.

Our current Forward test Report:

For Detail Statement from April 2009 to June 2009 with the account start at $13,410: CLICK HERE

For Detail Statement from May 2009 to November 2009 with the account start at $18,341: CLICK HERE

The cut losses above because we run EURAUD and CHFJPY (these currency pairs has been proven not to be a suitable currency pair).

Current Setting:

Start Equity: $13,000 at IBFX
Risk Setting: Aggressive (Risk:5 with Equity Protection set to 25%)

Our Current Forward Test:

Best Currency Pairs to Trade

CLICK HERE to DOWNLOAD The Best Currency Pair Analysis from our forward test.

Based on on our forward test and our analysis data from June 2009 – November 2009 above, the best currency pairs are:

1. USDJPY
2. EURUSD
3. EURCHF

These 3 currency pairs has been proven to make a continuous profit with maintain the drawdown below 10%.

After you installed Forex Bling correctly and you do not have the trades like our results below:
See the reasons at the bottom of this page.

Based on our Test Results, some brokers produced better performance than the others.
And it’s understandable, because every broker has different spreads, slippage and volatility price.

Note:

1. We will add some important comment for every brokers at our member area (inside Forex Bling Broker Checks section).
2. For broker with minimum lot-size is 0.01 (micro lot-size); we open a demo account using $2,500.
   For broker with minimum lot-size is 0.1 (mini lot-size); we open a demo account using $25,000.
3. Next month we add NEW Thunderstorm EA & Evolution-2 EA to the basket, it will improve the performance even better.

Forex Bling Broker Test Results so far:

1. ALPARI UK: http://www.forexhope.com/mt4/report/Bling-AlpariUK.htm

2. ActiveTrades: http://www.forexhope.com/mt4/report/Bling-ActivTrades.htm

3. Best Direct: http://www.forexhope.com/mt4/report/Bling-BestDirect.htm

4. Collective FX: http://www.forexhope.com/mt4/report/Bling-CollectiveFX.htm

5. FastBrokers FX: http://www.forexhope.com/mt4/report/Bling-FastFX.htm

6. FOREX.Com (Gain Capital): http://www.forexhope.com/mt4/report/Bling-Forex-com.htm

7. Forex Meta: http://www.forexhope.com/mt4/report/Bling-ForexMeta.htm

8. Forex Metal: http://www.forexhope.com/mt4/report/Bling-ForexMetal.htm

9. Forex Place: http://www.forexhope.com/mt4/report/Bling-ForexPlace.htm

10. FXCBS (Fienex Group): http://www.forexhope.com/mt4/report/Bling-Fxcbs.htm

11. FXCM UK: http://www.forexhope.com/mt4/report/Bling-FXCM.htm

12. FXDD: http://www.forexhope.com/mt4/report/Bling-FXDD.htm

13. FX Open: http://www.forexhope.com/mt4/report/Bling-FXOpen.htm

14. FX Pro: http://www.forexhope.com/mt4/report/Bling-FXPro.htm

15. FX Solution: http://www.forexhope.com/mt4/report/Bling-FXSolution.htm

16. Gallant FX: http://www.forexhope.com/mt4/report/Bling-FXGallant.htm

17. Go Market: http://www.forexhope.com/mt4/report/Bling-GoTrader.htm

18. IAM FX: http://www.forexhope.com/mt4/report/Bling-IamFX.htm

19. Ikon Turbo (Ikon Asia): http://www.forexhope.com/mt4/report/Bling-IkonTurbo.htm

20. Interbank FX (IBFX): http://www.forexhope.com/mt4/report/Bling-IBFX.htm

21. ITFX: http://www.forexhope.com/mt4/report/Bling-ITFX.htm

22. Jade FX: http://www.forexhope.com/mt4/report/Bling-JadeFX.htm

23. MIG Forex: http://www.forexhope.com/mt4/report/Bling-MIG.htm

24. Prime Forex: http://www.forexhope.com/mt4/report/Bling-PrimeFX.htm

25. STS Finance: http://www.forexhope.com/mt4/report/Bling-STSFinance.htm

26. Tadawul FX: http://www.forexhope.com/mt4/report/Bling-TadawulFX.htm

27. TradeView FX: http://www.forexhope.com/mt4/report/Bling-TradeFX.htm

We have not test these brokers below (because we can’t open a new demo account) :

1. Axis ODL

2. BulbBrokers

3. ODL

If you still do not get any trades:

First thing you need to check: Make sure you already installed Forex Bling correctly.
You can see some information in the screen; with a BIG Broker Trading Hour in YELLOW color.

And if you still do not have any trades after several days, we identify that mostly the problems because:

1. Incorrect ECN_Market_Order Setting.
If your broker is an ECN broker, Set TRUE.
We have listed which one is the ECN broker at our member area under ForexBling-BrokerCheck menu

2. Incorrect Broker_Trading_Hour Setting.
Input the correct your broker Trading Hour compare to the GMT Time.
We have listed the correct trading hour for every broker at our member area under ForexBling-BrokerCheck menu.

3. Incorrect Maximum_Spread_Allowed Setting.
The default settings is 3, but we found that some broker needs you to input bigger: 4 – 6 pips for EURGBP.
You need to look at the screen, when the screen tell you the Broker Spread is 5 (4 digit broker) or 45 (5 digit broker) you need to input: 5

It also prove that the logic is correct and should produce consistent profit.

You can compare our backtested results at the download documents below match our forward test.

However, in the real situation, sometimes we add some adjustment in the settings that locate at our servers.

Your Forex Bling EA always download our latest adjustment.

In the next version, we try to create a version that you can backtest too.

It can simulate what we do at our servers.

The backtested results here was produced by:

• Evolution Version 2 – NEW (Evolution-2 will be released 1st week of October 2009).
• Fractals-4 (909).
• Thunderbolt (909D).
• Thunderstorm (909) – NEW (Thunderstorm-909 will be released 1st week of October 2009).

You can download the complete transactions from our backtested results HERE.

Note:

1. Freedom EA still a little difficult to show in backtested results because the logic behind Freedom EA calculates the currency strength value.
   It needs data from all currency pairs to produce the currency strength value.
2. We backtest our expert advisors using risk setting BIGGER than our recommendation. The important thing to see in the backtested results below is the maximal drawdown. Do not panic after 2 – 3 stop losses, unless you use the Risk Settings too big.

First, we backtest using 2 years data (2008-2009); and then using 5 years data (2004-2009) at the bottom:

The 2 Years Backtested Report:

EVOLUTION EA ~ Version 2

EVOLUTION EA trade using the Breakout trading system at US market. The Version 2 will replace current version.

The EA trades at EURUSD using H1 chart.

This is the 2 years backtested result for EURUSD:

Risk Setting=3

(click the picture below to enlarge it).

For the complete transactions from our backtest results: CLICK HERE.

THUNDERBOLT EA

Thunderbolt EA using a Scalping trading system.

The EA trades at EURUSD (1st choice) & GBPUSD (2nd choice) using M15 chart.

This is the 2 years backtested result for EURUSD:

Risk Setting=10

(click the picture below to enlarge it).

For the complete transactions from our backtest results: CLICK HERE.

THUNDERSTORM EA

Thunderstorm EA using a Scalping trading system.

The EA trades at EURGBP (1st choice) & EURCHF (2nd choice) using M15 chart.

This is the 2 years backtested result for EURGBP:

Risk Setting=10

(click the picture below to enlarge it).

For the complete transactions from our backtest results: CLICK HERE.

This is the 2 years backtested result for EURCHF:

Risk Setting=10

(click the picture below to enlarge it).

For the complete transactions from our backtest results: CLICK HERE.

FRACTALS-WIZARD 4

Fractals-4 EA trades at the following currency pairs: EURUSD, USDGBP and EURGBP using H4 chart.

This is the 2 years backtested result for EURUSD:

Risk=1 and Aggressive Setting=10

(click the picture below to enlarge it).

This is the 2 years backtest resulted for GBPUSD:

Risk=1 and Aggressive Setting=10

(click the picture below to enlarge it).

This is the 2 years backtested result for EURGBP:

Risk=1 and Aggressive Setting=10

(click the picture below to enlarge it)

The 5 Years Backtested Report

I will post more backtested results from various settings, currency pairs for each trading system inside Forex Bling.

Evolution-2

This is the 5 years backtested result for EURUSD:

Risk Setting=3

(click the picture below to enlarge it).

Thunderbolt-909D

The backtesting data for 5 years (using Risk=10) produced too exponential profit return.

Even using Risk=5, the maximum lot-size (100) already reached after 3 years.

So in the backtested results below, after 2006  until 2009 the EA traded using the same lot-size (100 lot-size).

This prove the EA produced consistent results for the past 5 years.

This is the 5 years backtested result for EURUSD:

Risk Setting=5

(click the picture below to enlarge it).

FRACTALS-WIZARD 4

This is the 5 years backtested result for EURUSD:

Risk Setting=1 and Agressive Setting=10

(click the picture to enlarge it).

Since we receive a lot of similar questions, from time to time we add the answer at this page, it will reduce our time answering similar questions and provide more trading support.

We divide the Q&A below into several sections:

A. COMMON QUESTIONS

1. My Forex Bling crashed when I attach the EA on the chart.
2. I don’t receive the login ID & password. How to get the new one ?
3. I saw the EA trades in your account. Why don’t I get any trades in my account ?
4. Why can’t I backtest Forex Bling ?
5. What is the current setting that you use in your forward testing ?
6. Why do the Thunderstorm EA and  Grid Specialist EA not in my package ?
7. Do you have suggestions which EA & currency pairs I should use ?
8. How do I set the correct Broker_OffsetHour ?
9. How many accounts can I  use using Forex Bling ? Can I use ForexBling in several demo account ?
10. I change broker. How to update my live account ? Do I need to subscribe again?
11. What is the latest Forex Bling version ? How do I update it ?

B. EVOLUTION EA

1. What is the best currency pairs for Evolution EA?
2. How to turn of other currency pairs in Evolution EA if I only want to run EURUSD ?

C. FREEDOM EA

1. Why do I receive message “Wrong TimeFrame please set on M15″ although I already change to M15 timeframe ?
2. Why do I receive message “No Optimized data for this pair, please refer to manual guide for correct setting” ?

D. FRACTALS-WIZARD EA

1. Why my Fractals-Wizard EA show losses but your account still show making profit ?
2. How do I run Fractals-Wizard EA at demo account ?

E. THUNDERBOLTS EA

1. Why does Thunderbolt EA open 5 positions at one time ?
2. Why does my Thunderbolt EA in my demo account open positions all the time (24 hours)  ?
3. What is the correct trading time for Thunderbolt EA ?

COMMON QUESTIONS:

1. My Forex Bling crashed when I attach the EA on the chart.

Almost of the crash problem has been solved with our new DLL. Please download the new DLL in our member area.
The zip file name is Forex_Bling_14Sep09.zip.

Downlod, unzip the file then replace all old files with the files (the EA, indicators and DLL).

First, you need to install your MT4 folder OUTSIDE Windows Program Files or Document and Settings folder.

You can install at new directory
i.e:  C:\MT4\Your MT4 folder\

Then you need to take attention to two new parameters:

Use_MT4Folder_Below set to TRUE then   Fill Your_MT4_Folder with your current MT4_Folder.
It should be something like C:\MT4\Metatrader 4 Alpari UK

You need to input the folder location without “   ” sign.

This is correct:  C:\MT4\Metatrader 4 Alpari UK
This is NOT correct: ” C:\MT4\Metatrader 4 Alpari UK” => do not include ” ” in the folder location
This is NOT correct:  C:\MT4\Metatrader 4 Alpari UK\terminal.exe   => do not include terminal.exe

If you specify the folder location correctly, you Metatrader platform should never crash again.

Also please download the FOREXBLING INSTALLATION CHECKLIST and follow the 6 check list. It will solve most of the crash problem.

2. I don’t receive the login ID & password. How to get a new one ?

The first thing you need to do is Check your SPAM Folder. We always send the login ID & password, but sometimes it arrived in your Spam box.
To issue a new login ID & password:
- Go to our member area locate at: http://www.forexhope.com and select Member Area Menu.
- At the login page, select Forget Password.
- Fill your email address (the one that you used to purchase Forex Bling).
- Check your email address and your spam box.
Note: Your login id is your email address.

3. I saw the EA trades in your account. Why don’t I get any trades in my account ?

Mostly this problem that we detect on many clients, because you have an ECN Broker (Market Order broker) like FXCM.
For ECN Broker, you need to enable parameter ECN_MarketOrder = TRUE before the EA can trade on your account.
If you don’t know if your broker is an ECN or not, please consult your broker first.
But if you do not get any trades for several days, try set the ECN_MarketOrder = TRUE first.

4. Why can’t I backtest Forex Bling ?

EA cannot be used to backtesting due to synchronizing process with our server.
We make adjustment through the parameters according to the market conditions, so the current parameters that being downloaded from our servers may not suitable with past market.

If you need to know Forex Bling result in the past, follow the link below:

http://forexbreakthrough.com/performance-review/forex-bling-ea-review/

5. What is the setting that you use in your forward testing ?

We will publish the settings for each EA inside our Forex Bling in our forward test, through the link below:

http://forexbreakthrough.com/performance-review/forex-bling-ea-review/

6. Why do the Thunderstorm EA and  Grid Specialist EA not in my package ?

If you read our sales page below point no3, we already wrote:

(*) Due to our schedule, Thunderstorm EA and Grid Specialist EA will be delivered in October 2009. Members who purchase before October 2009 will get additional
30-day subscription.

We need to focus to Forex Bling installation support to the current EAs, before we add more expert advisors into your package.

7. Do you have suggestions which EA & currency pairs I should use ?

Although you can run Thunderbolt EA in EURUSD and USDGBP;  Evolution EA in EURUSD , USDJPY and USDGBP; Freedom EA in 10 currency pairs.
Running too many currency pairs will not make additional profit and it will be difficult to monitor.

You can one of the following currency pairs for each EA:

SCLAPING (with Risk= 3 to 5) :
Thunderbolt EA: 1st choice: EURUSD – 2nd choice: GBPUSD

TREND FOLLOWING (with Risk= 0.2 to 0.5) :
Freedom  EA: 1st choice: AUDUSD – 2nd choice: EURJPY

BREAKOUT (with Risk= 0.2 to 0.5) :
Evolution EA: 1st choice: EURUSD – 2nd choice: GBPUSD
FractalsWizard EA: 1st choice: EURUSD – 2nd choice: EURGBP

If you run ForexBling at NFA broker (that prevent long and short positions from one currency pair being opened  together in 1 account), our recommendation currency pairs for each EA:

You can also combine Forex Bling with your own favorite EA.
For example if you like our Thunderbolt EA or Fractals Wizard EA, you can use these EA only with other EA’s that you already have.

8. How do I set the correct Broker_OffsetHour ?

To set parameter Broker_OffsetHour, you need to know how many hours the difference between GMT time and your broker time.

If you want to know what time the GMT right now:

http://wwp.greenwichmeantime.com/info/current-time.htm

If you want to  know what time your broker server time:

Open the Market Watch (Ctrl+M). At the corner above of Market Watch window you will see your Broker Server Time.

Example how to set Broker_OffsetHour for Thunderbolt EA:

The correct trading time for Thunderbolt EA is: two hours/day as soon as New York market closed.
New York’s market close at 20:00 (GMT)

For more information when New York market close, go to this link:
http://fxtradeinfocenter.oanda.com/market_news/fxmarkethours/

This is the example how to set Broker_OffsetHour at Alpari Broker:
The New York market close at Alpari server time at: 22:00 (2 hours ahead GMT).
So set: Broker_OffsetHour = 2

9. How many accounts can I  use using Forex Bling ? Can I use ForexBling in several demo account ?

You canuse ForexBling in 1 live account and several demo account. And you can change your live account number at any time.

To use ForexBling in demo account, first fill your Live account or any number at:

Your Active License [for SUBSCRIBER only]
FOREX BLING _________

Then when you run a demo account, fill the REGISTERED_ACCNUM parameter inside the EA with the number you filled at Your Active License[for SUBSCRIBER only] section.

10. I change broker. How to update my live account ? Do I need to subscribe again?

You do not need to subscribe again as long as you only use Forex Bling to one live account.

To change your live account number:
Login into Forex Hope Member Area locate at: http://www.forexhope.com
Select Member Area menu, and login using your email address and password

Then change your Live account at:

Your Active License [for SUBSCRIBER only]
FOREX BLING _________

11. What is the latest Forex Bling version ? How do I update it ?

The latest Forex Bling version is 909C (available in our member area).
The update contains fix on the error message box and additional Percentage_EquityUsed parameter.
You can save your setting first (.set and .tmp); before installing a new version.
Then download, unzip and replace all files (EA, directory and indicators) and restart your MT4.
If you have an open position, the EA will automatically continue to manage it.

EVOLUTION EA:

1. What is the best currency pairs for Evolution EA?

Based on our forward testing, the best currency pairs is EURUSD. Then follow by GBPUSD.

2. How to turn of other currency pairs in Evolution EA if I only want to run EURUSD ?

Open the EA properties then set FALSE to Trade_USDJPY and Trade_GBPUSD parameters.

FRACTALS WIZARD EA:

1. Why my Fractals-Wizard EA show losses but your account still show making profit ?

Based on the report that has been sent to use, most common problem is your broker allow the minimum lot-size is 0.1, not 0.01.
Please check your trading history and check if your trades show all trades using the same account size (i.e 1.0).

Fractals-Wizard should open two different lot-sizes using High Volatility trades and Low Volatility trades.

If your trades only show 1 lot-size for both High Volatility trades and Low Volatility trades will cause losses at your account.

You can open the Comment section at your trading history to know which ones are High Volatility trades (B-trade) and which one are Low Volatility trades (S-trade).

2. How do I run Fractals-Wizard EA at demo account ?

DO NOT fill your demo account at:
Your Active License [Only for Demo Account - by Invitation]

Instead fill your Live account or any number at:
Your Active License [for SUBSCRIBER only]
Then when you run a demo account, fill the REGISTERED_ACCNUM parameter inside the EA with the number you filled at Your Active License[for SUBSCRIBER only] section.

FREEDOM EA:

1. Why do I receive message “Wrong TimeFrame please set on M15″ although I already change to M15 timeframe ?

This problem has been solved in the new version (Sep 10, 2009).

Please download the new version from our member area.
The new zip file name is Forex_Bling_14Sep09.zip.

Downlod, unzip the file then replace all old files with the files (the EA, indicators and DLL).
Then restart your MT4 platform.

2. Why do I receive message “No Optimized data for this pair, please refer to manual guide for correct setting” ?

Freedom EA current version works with the following currency pairs:

EURUSD, GBPJPY, AUDJPY, EURJPY, GBPUSD, USDCAD, AUDUSD, USDCHF, USDJPY, NZDUSD

You DO NOT need run all currency pairs above. Running too many currency pairs is not effective.

We run our FREEDOM using 5 currency pairs below:
EURUSD, USDGBP, USDCHF, USDJPY, AUDUSD and EURJPY

Based on 6 months forward test, we found that the best 2 currency pairs are: AUDUSD and EURJPY

THUNDERBOLT EA:

1. Why does Thunderbolt EA open 5 positions at one time ?

Thunderbolt EA open 5 positions at one time but the closing method is different.

Consider it as a diversification. Other than open 1 position = 1.0 lot-size, the EA open 5 positions 0.2 lot-sizes.

If you don’t like the EA open too many positions, you can decrease it by setting the Agressive_Level (default=5) parameter to  lower value.
(i.e. Agressive_Level=3 if you want the EA open maximum 3 postions at one time).

2. Why does my Thunderbolt EA in my demo account open positions all the time (24 hours)  ?

The problem only happen in demo account at some broker, although it doesn’t happen in Live account.
This problem has been solved in the new version: Thunderbolt909b.ex4

Please download the new version from our member area.
The new zip file name is Forex_Bling_14Sep09.zip.

Downlod, unzip the file then replace all old files with the files (the EA, indicators and DLL). Then restart your MT4 platform.

3. What is the correct trading time for Thunderbolt EA ?

The correct trading time for Thunderbolt EA is: two hours/day as soon as New York market closed.

Right now New York’s market close at 20:00 (GMT)

For more information when New York market close, go to this link:
http://fxtradeinfocenter.oanda.com/market_news/fxmarkethours/

You need to set the Broker_OffestHour correctly.

This is the example how to set Broker_OffsetHour at Alpari Broker:

The New York market close at Alpari server time at: 22:00 (2 hours ahead GMT).
So set: Broker_OffsetHour = 2

Note:
If you want to know what time the GMT right now:
http://wwp.greenwichmeantime.com/info/current-time.htm

We have been working almost a year in Forex Bling program.
And for the past 5 months, we show our forward performances which made every month.

I finally got the time to write some description about our Forex Bling program.

Please download our Exclusive Report with Complete Trading Record for each of the trading system inside Forex Bling program.

Download Forex Bling Exclusive Report.

Click at the Report picture and save the Pdf file into your computer.

We also have Forex Bling interview and some new tutorial videos.

Thank’s to Mr. Bruce Muir from Expertadvisorfx.com who conduct the Interview.

I hope you like the interview video above….

Our basket for July 2009 contains 6 trading system:
1. Freedom – Risk=1% – Start Equity: $6,274.02
2. Grid Specialist – Risk=5% – Start Equity: $26,132.91
3. Evolution – Risk=1% – Start Equity: $11,488.41
4. Thunderwind – Risk=1% – Start Equity: $10,101.96
5. Thunderbolt – Risk=5% – Start Equity: $17,988.11
6. Thunderstorm – Risk=5% – Start Equity: $14.680.68

Profit/Loss for each trading system:

1. Freedom = $358.26 (+5.71%)         – Recalculate into 1% risk = 5.71%
2. Grid Specialist = -$5,390.18 (-20.63%)  – Recalculate into 1% risk = -4.13%
3. Evolution = -$405.32 (-3.53%)         – Recalculate into 1% risk = -3.53%
4. Thunderwind = $125.06 (+1.24%)          – Recalculate into 1% risk = 1.95%
5. Thunderbolt = $802.35 (+4.46%)         – Recalculate into 1% risk = 0.89%
6. Thunderstorm = $4,863.79 (+33.13%)   – Recalculate into 1% risk = 6.63%

** Profit / Loss of July 2009 (based on Risk=1%)     = 6.81%

July 2009 Detail Statement:

1. July 2009 Detail Statement for Freedom: Click here
2. July 2009 Detail Statement for Grid Specialist: Click here
3. July 2009 Detail Statement for Evolution: Click here
4. July 2009 Detail Statement for Thunderwind: Click here
5. July 2009 Detail Statement for Thunderbolt: Click here
6. July 2009 Detail Statement for Thunderstorm: Click here

We are testing new trading system for August 2009 (has not put into our basket):
- Fractals-4 (breakout trading system): Click here
- Thunderbird (variant of scalping for USDJPY and USDCHF): Click here
- Thunderwind EURUSD (another variant scalping from Thunderwind  for EURUSD): Click here
- Thunderbolt USDGBP (variant scalping from Thunderbolt for USDGBP): Click here

Click here for all trading system explanation.

How do we calculate our basket performance ?

When we start our account, we use different Risk Setting for each account, so we need to recalculate it to get overall performance.

First, the return is calculated from closed profit/loss  add with the floating positions. Then we recalculate the results for trading system that use Risk bigger then 1% into Risk=1%. (i.e. if the Risk is 2% then we divide the profit/loss by 2). Then we sum it all. Using Risk=1%, all trading system in our basket should be enough to be put unto 1 account size.
Account size we recommend to put all together (Risk=1%) is $5,000 (standard account) or $1,000 (mini account).

Note:
- To help us identify every trading system performance, we divide it into separate account.
- If you see our detail statement below (for every month), all balance is printed for June 10, 2009 (the time when we generate the report).

August 2009 trading basket:

Our basket for July 2009 contains 6 trading systems:
1. Freedom – Risk=1%
2. Grid Specialist – Risk=5%
3. Evolution – Risk=1%
4. Thunderwind – Risk=1%
5. Thunderbolt – Risk=5%
6. Thunderstorm – Risk=5%

Profit/Loss of August 2009 (based on 1% Risk) = IN PROGRESS

New Trading System we are testing for AUGUST 2009 (has not put into our basket):
- Fractals-4 (breakout trading system).
- Thunderwind-EURUSD (variant Thunderwind for EURUSD).
- Thunderbolt-USDGBP (variant thunderbolt for GBPUSD).

Complete Detail Statement for all trading systems until August 5, 2009:

1. Evolution – Click here
2. Freedom – Click here
3. Grid Specialist — Click here. Statement Report before Jun 10, 209:  Click here
4. Fractals-4 — Click here. Statement Report before Jun 10, 209:  Click here
5. Thunderbolt (EURUSD) — Click here. Thunderbolt2 (USDGBP) — Click here
6. Thunderwind (EURGBP) — Click here. Thunderwind2 (EURUSD) – Click here
7. Thunderbird (USDJPY & USDCHF) – Click here
8. Thunderstorm (EURGBP & EUR CHF) — Click here

For current/live performance: Click here

Every beginning of month, we report our current basket positions including the ones that new or removed.

They must have a good money management and a balance between risk and reward.

Our purpose is to have ongoing basket of trading systems that produce consistent 60%-100% profit per year while maintain Minimal Risk.

We do not make aggressive trades which could ruin our capital. Most of the trading systems that we run are set to 1%-3% risk per trade.

To distribute/spread the risk; we divide our trading basket into several trading strategies: Trend following, Breakout system, Scalping technique, Grid Strategy.

Each strategy has pro and cons. We stay away from Martingale strategy for now.

CLICK HERE for month by month performance using Risk=1% calculation.

Our basket of trading systems (including under our testing):

1. Breakout Strategy:
PRO: Breakout and trending market
CONS: Choppy market
* Fractals-3 * Evolution EA

2. Trend Following:
PRO: Breakout and trending market
CONS: Choppy market, Reversal Market
* Freedom EA

3. Scalping Technique:

PRO: Sideways market
CONS: Volatile market
* Thunderbolt  &  *Thunderstorm
In testing:
* Thunderwind &  *Thunderbird

4. Grid Trading:
PRO: Ranging market
CONS: Trending market
* Grid Specialist

DETAIL STATEMENT

For detail statement for each trading system, click the correspondent box.

1. Evolution EA

Evolution Trading System is forex trading strategy based on market timing and pivot point.
Trade on EURUSD.

Start Equity: $10,00. Broker: ALPARI UK
Risk Setting: Conservative (Risk: 1% per trade)
Setting:
Default Setting with Risk = 1
Broker_OffsetHour=2 (for Alpari UK)

NOTE: Evolution is replaced with EVOLUTION-2 (New Version).

2. Fractals Wizard EA

Fractals EA is an expert advisor that works using breakout trading strategy.

Start Equity: $25,000 at IBFX
Risk Setting: Moderate (Risk: 2% per trade)

For Detail Statement before June 2009 with the account start at $25,000: CLICK HERE

NEW FRACTALS WIZARD 4:
Trade on EURUSD, GBPUSD & EURGBP

Start Equity: $10,000 Broker:ALPARI
Risk Setting: Moderate (Risk:below)
Setting: Default Setting with the risk setting and take profit as below
EURUSD= Risk=0.25, Aggressive Setting = 5, Take Profit = 300
EURGBP= Risk=0.2, Aggressive Setting = 4, Take Profit = 300
GBPUSD= Risk=0.15, Aggressive Setting = 3, Take Profit = 350
Broker_OffsetHour=2 (for Alpari UK)

3. Freedom EA

Freedom EA is an expert advisor that works using contraction and expansion system.
Trade on AUDUSD, CHFJPY, EURJPY, GBPCHF,  GBPUSD, USDCHF
Best Currency pairs: AUDUSD & EURJPY

Start Equity: $5,000. Broker: IBFX
Risk Setting: Conservative (Risk: 1% per trade)
Other Setting:
Default Setting with Risk=1
Broker_OffsetHour=0 (IBFX)

4. Scalping Technique

I’m not really fond of scalping trading, but I always open to any new approach.

* Thunderbolt

Thunderbolt is a variant of EURUSD & GBPUSD scalping technique.

Thunderbolt at EURUSD market:

Start Equity: $10,000. Broker ALPARI UK
Risk Setting: Aggressive (Risk: 3% – 5% per trade)
Setting:
Default Setting with Risk vary from 3 to 5 depend on the market condition
Broker_OffsetHour=2 (for Alpari UK)

Thunderbolt at GBPUSD market:

Start Equity: $10,000 at ALPARI UK
Risk Setting: Aggressive (Risk: 3% – 5% per trade)
Setting:
Default Setting with Risk vary from 3 to 5 depend on the market condition
Broker_OffsetHour=2 (for Alpari UK)

* Thunderstorm

Thunderstorm is another variant of scalping technique for EURCHF and EURGBP.

Start Equity: $10,000 at ALPARI UK
Risk Setting: Aggressive (Risk:3% – 5%)
Setting:
Default Setting with Risk vary from 3 to 5 depend on the market condition
Broker_OffsetHour=2 (for Alpari UK)

* Thunderwind (under testing)

Thunderwind is a scalping EA using Asian market for EUR/GBP.

Start Equity: $10,000 at ALPARI UK
Risk Setting: Very Conservative (Risk: 1% per trade)
Setting:
Default Setting with Risk =1
Broker_OffsetHour=2 (for Alpari UK)

Thunderwind EA on EUR/USD:

5. Grid Trading

Grid Trading work best at ranging market. This kind of trading style do not like a trending market .

* Grid Specialist

I receive Grid Specialist from my associate whom want me to modify if possible improve it. Grid Specialist is an aggressive grid trading, need to be careful with this one.

Start Equity: $13,000 at IBFX
Risk Setting: Aggressive (Risk:5 with Equity Protection set to 25%)
Setting:
Default Setting with Risk=5 and Equity Protection=25
Broker_OffsetHour=0 (for IBFX)

For Detail Statement before June 2009 with the account start at $13,000: CLICK HERE

If you interested to know more about our trading systems above:

Fill your name and email address in our mailing list below, we will send you the information how to get start and some important update.

August : in progress

July : +6.81%

June : +28.45%

May : +13.45%

April: +15.71%

Trading system we use so far: Freedom, Evolution, Grid Specialist, Thunderwind, Thunderbolt, Thunderstorm.
Trading system we removed: Fractals-3 (replaced with Fractals-4).

Click here for July 2009 Performance in detail.
Click here for June 2009 Performance in detail.
Click here for May 2009 Performance in detail.
Click here for April 2009 Performance in detail.
Click here for our trading system explanation.

How do we calculate our forex trading performance ?

When we start our account, we use different Risk Setting for each account, so we need to recalculate it to get overall performance.
First, the return is calculated from closed profit/loss add with the floating positions.
Then we recalculate the results for trading system that use Risk bigger then 1% into Risk=1%. (i.e. if the Risk is 2% then we divide the profit/loss by 2). Then we sum it all.
Using Risk=1%, all trading system in our basket should be enough to be put unto 1 account size.
Account size we recommend to put all together (Risk=1%) is $5,000 (standard account) or $1,000 (mini account).

Note:
- To help us identify every trading system performance, we divide it into separate account.
- If you see our detail statement below (for every month), all balance is printed for June 10, 2009 (the time when we generate the report).

July 2009 performance explanation:

Our basket for July 2009 contains 6 trading system:
1. Freedom – Risk=1% – Start Equity: $6,274.02
2. Grid Specialist – Risk=5% – Start Equity: $26,132.91
3. Evolution – Risk=1% – Start Equity: $11,488.41
4. Thunderwind – Risk=1% – Start Equity: $10,101.96
5. Thunderbolt – Risk=5% – Start Equity: $17,988.11
6. Thunderstorm – Risk=5% – Start Equity: $14.680.68

Profit/Loss for each trading system:

1. Freedom = $358.26 (+5.71%)         – Recalculate into 1% risk = 5.71%
2. Grid Specialist = -$5,390.18 (-20.63%)  – Recalculate into 1% risk = -4.13%
3. Evolution = -$405.32 (-3.53%)         – Recalculate into 1% risk = -3.53%
4. Thunderwind = $125.06 (+1.24%)          – Recalculate into 1% risk = 1.95%
5. Thunderbolt = $802.35 (+4.46%)         – Recalculate into 1% risk = 0.89%
6. Thunderstorm = $4,863.79 (+33.13%)   – Recalculate into 1% risk = 6.63%

** Profit / Loss of July 2009 (based on Risk=1%)     = 6.81%

July 2009 Detail Statement:

1. July 2009 Detail Statement for Freedom: Click here
2. July 2009 Detail Statement for Grid Specialist: Click here
3. July 2009 Detail Statement for Evolution: Click here
4. July 2009 Detail Statement for Thunderwind: Click here
5. July 2009 Detail Statement for Thunderbolt: Click here
6. July 2009 Detail Statement for Thunderstorm: Click here

We are testing new trading system for August 2009 (has not put into our basket):
- Fractals-4 (breakout trading system): Click here
- Thunderbird (variant of scalping for USDJPY and USDCHF): Click here
- Thunderwind EURUSD (another variant scalping from Thunderwind  for EURUSD): Click here
- Thunderbolt USDGBP (variant scalping from Thunderbolt for USDGBP): Click here

Click here for all trading system explanation.

How do we calculate our basket performance ?

When we start our account, we use different Risk Setting for each account, so we need to recalculate it to get overall performance.

First, the return is calculated from closed profit/loss  add with the floating positions. Then we recalculate the results for trading system that use Risk bigger then 1% into Risk=1%. (i.e. if the Risk is 2% then we divide the profit/loss by 2). Then we sum it all. Using Risk=1%, all trading system in our basket should be enough to be put unto 1 account size.
Account size we recommend to put all together (Risk=1%) is $5,000 (standard account) or $1,000 (mini account).

Note:
- To help us identify every trading system performance, we divide it into separate account.
- If you see our detail statement below (for every month), all balance is printed for June 10, 2009 (the time when we generate the report).

August 2009 trading basket:

Our basket for July 2009 contains 6 trading systems:
1. Freedom – Risk=1%
2. Grid Specialist – Risk=5%
3. Evolution – Risk=1%
4. Thunderwind – Risk=1%
5. Thunderbolt – Risk=5%
6. Thunderstorm – Risk=5%

Profit/Loss of August 2009 (based on 1% Risk) = IN PROGRESS

New Trading System we are testing for AUGUST 2009 (has not put into our basket):
- Fractals-4 (breakout trading system).
- Thunderwind-EURUSD (variant Thunderwind for EURUSD).
- Thunderbolt-USDGBP (variant thunderbolt for GBPUSD).

Complete Detail Statement for all trading systems until August 5, 2009:

1. Evolution – Click here
2. Freedom – Click here
3. Grid Specialist — Click here. Statement Report before Jun 10, 209:  Click here
4. Fractals-4 — Click here. Statement Report before Jun 10, 209:  Click here
5. Thunderbolt (EURUSD) — Click here. Thunderbolt2 (USDGBP) — Click here
6. Thunderwind (EURGBP) — Click here. Thunderwind2 (EURUSD) – Click here
7. Thunderbird (USDJPY & USDCHF) – Click here
8. Thunderstorm (EURGBP & EUR CHF) — Click here

For current/live performance: Click here

Every beginning of month, we report our current basket positions including the ones that new or removed.

June 2009: +28.45%

Our forex trading performance for June 2009 contains 4 trading system:

1. Freedom – Risk=1% – Start Equity: $5,731.07
2. Fractals-3 – Risk=2% – Start Equity: $57,699.36
3. Grid Specialist – Risk=5% – Start Equity: $22,462.2
4. Evolution – Risk=1% – Start Equity: $10,896.85
5. Thunderwind – Risk=1% – Start Equity: $10,000
6. Thunderbolt – Risk=5% – Start Equity: $10,000

Profit/Loss for each trading system:

1. Freedom = $712.82 (+12.44%)                  – Recalculate into 1% risk = 12.44%
2. Fractals-3 = -$9,177.79 (-15.91%)             – Recalculate into 1% risk = -7.95%
3. Grid Specialist = $3,960.23 (+17.63%)  – Recalculate into 1% risk = 3.53%
3. Evolution = $455.94 (+4.18%)                   – Recalculate into 1% risk = 4.18%
5. Thunderwind = $195.49 (+1.95%)            – Recalculate into 1% risk = 1.95%
6. Thunderbolt = $7,148.41 (+71.48%)        – Recalculate into 1% risk = 14.30%

** Profit / Loss of June 2009 (based on Risk=1%)     = 28.45%

June 2009 Detail Statement:

1. June 2009 Detail Statement for Freedom: Click here
2. June 2009 Detail Statement for Fractals-3: Click here
3. June 2009 Detail Statement for Grid Specialist: Click here
4. June 2009 Detail Statement for Evolution: Click here
5. June 2009 Detail Statement for Thunderwind: Click here
6. June 2009 Detail Statement for Thunderbolt: Click here

May 2009: +13.45%

Our forex trading basket for May 2009 contains 4 trading systems:

1. Freedom EA – Risk=1% – Start Equity: $5,231.11
2. Fractals-3 EA – Risk=2% – Start Equity: $66,140.73
3. Grid Specialist EA – Risk=5% – Start Equity: $17,583.06
4. Evolution EA (NEW) – Risk=1% – Start Equity: $10,000

Profit/Loss for each trading system:

1. Freedom EA = $232.82 (+4.45%)        – Recalculate into 1% risk = 4.45%
2. Fractals-3 EA = -$6,781 (-10.25%)         – Recalculate into 1% risk = -5.13%
3. Grid Specialist EA = $2,438.06 (+13.87%)  – Recalculate into 1% risk = 2.77%
3. Evolution EA = $1,1135.42 (+11.35%)  – Recalculate into 1% risk = 11.35%

** Profit / Loss of May 2009 (based on 1% Risk)     = 13.45%

May 2009 Detail Statement:

1. May 2009 Detail Statement for Freedom EA: Click here
2. May 2009 Detail Statement for Fractals-3 EA: Click here
3. May 2009 Detail Statement for Grid Specialist EA: Click here
4. May 2009 Detail Statement for Evolution EA: Click here

April 2009: +19.56%

Our forex trading basket for April 2009 contains 3 trading system:

1. Freedom EA – Risk=1% – Start Equity: $5,046.54
2. Fractals-3 EA – Risk=2% – Start Equity: $58,801.8
3. Grid Specialist EA – Risk=5% – Start Equity: $13,622,36

Profit/Loss for each trading system:

1. Freedom EA = $184.57 (+3.66%)        – Recalculate into 1% risk = 3.66%
2. Fractals-3 EA = $7,338.93 (+12.48%) – Recalculate into 1% risk = 6.24%
3. Grid Specialist EA = $3,915.97 (+29.07%)  – Recalculate into 1% risk = 5.81%

** Profit / Loss of April 2009 (based on Risk=1%)    = 15.71%

April 2009 Detail Statement:

1. April 2009 Detail Statement for Freedom EA: Click here
2. April 2009 Detail Statement for Fractals-3 EA: Click here
3. April 2009 Detail Statement for Grid Specialist EA: Click here

For current/live our forex trading performance: Click here

Every beginning of month, we report our current basket positions including the ones that new or removed.

We release our Fractals Wizard ver 4.0 (Fractals-4) this week.

Click here for previous transactions (Fractals-3).

Version 4.0 is a major upgrade for our Fractals Wizard expert advisor.
The profit factor and drawdown level for version 4.0 are better than version 3.0.

These are additional features available at version 4.0:
1. A combined system between breakout trading system and scalping technique.
2. New facility to disable the EA during big news like NFP report.
3. Additional aggressive trade and maximum open positions settings.

Fractals-4 EA now trades at the following currency pairs: EURUSD, USDGBP and EURGBP using 4H chart.

This is Fractals-4 backtest result for EURUSD:

(click the picture to enlarge it).

This is Fractals-4 backtest result for GBPUSD:

(click the picture to enlarge it).

This is Fractals-4 backtest result for EURGBP:

(click the picture to enlarge it).

I know everyone wants to see how an Fractals-4 expert advisor can handle live trading in these unpredictable markets. After spent hundreds hours in redesign, programming and backtesting, we are so confident of new version 4.0 performance.

Fractals Wizard ver 4.0 live test results below:

If you want to get trial version of our Fractals-4 EA, please subscribe to our mailing list.
We will send the trial EA next week.

I will post more backtest results from various settings (at this page below):

4 years backtest result for EURUSD:

(click the picture to enlarge it).

Our basket for June 2009 contains 4 trading system:
1. Freedom                 - Risk=1% – Start Equity: $5,731.07
2. Fractals-3               – Risk=2% – Start Equity: $57,699.36
3. Grid Specialist       – Risk=5% – Start Equity: $22,462.2
4. Evolution                – Risk=1% – Start Equity: $10,896.85
5. Thunderwind         – Risk=1% – Start Equity: $10,000
6. Thunderbolt           – Risk=5% – Start Equity: $10,000

Profit/Loss for each trading system:

1. Freedom            = $712.82 (+12.44%)     – Recalculate into 1% risk = 12.44%
2. Fractals-3         = -$9,177.79 (-15.91%)   – Recalculate into 1% risk = -7.95%
3. Grid Specialist = $3,960.23 (+17.63%)  – Recalculate into 1% risk = 3.53%
3. Evolution          = $455.94 (+4.18%)         – Recalculate into 1% risk = 4.18%
5. Thunderwind   = $195.49 (+1.95%)         – Recalculate into 1% risk = 1.95%
6. Thunderbolt     = $7,148.41 (+71.48%)   – Recalculate into 1% risk = 14.30%

** Profit / Loss of June 2009 (based on Risk=1%)     = 28.45%

June 2009 Detail Statement:

1. June 2009 Detail Statement for Freedom: Click here
2. June 2009 Detail Statement for Fractals-3: Click here
3. June 2009 Detail Statement for Grid Specialist: Click here
4. June 2009 Detail Statement for Evolution: Click here
5. June 2009 Detail Statement for Thunderwind: Click here
6. June 2009 Detail Statement for Thunderbolt: Click here

We are testing new trading system for July 2009 (has not put into our basket):
- Thunderbird (another variant of scalping for USDCHF and USDJPY): Click here
- Thunderstorm (another variant of scalping for EURGBP and EURCHF): Click here
- Thunderbolt UsdGbp (variant scalping for USDGBP): Click here

We removed trading system for July 2009 :

* Fractals 3.0 (soon replaced with Fractals 4.0).
* Discovery Trading (breakout / day trading system).

Click here for all trading system explanation.

How do we calculate our basket performance ?

When we start our account, we use different Risk Setting for each account, so we need to recalculate it to get overall performance.

First, the return is calculated from closed profit/loss  add with the floating positions. Then we recalculate the results for trading system that use Risk bigger then 1% into Risk=1%. (i.e. if the Risk is 2% then we divide the profit/loss by 2). Then we sum it all. Using Risk=1%, all trading system in our basket should be enough to be put unto 1 account size.
Account size we recommend to put all together (Risk=1%) is $5,000 (standard account) or $1,000 (mini account).

Note:
- To help us identify every trading system performance, we divide it into separate account.
- If you see our detail statement below (for every month), all balance is printed for June 10, 2009 (the time when we generate the report).

July 2009 trading basket:

Our basket for July 2009 contains 6 trading systems:
1. Freedom                         – Risk=1%
2. Grid Specialist              – Risk=5%
3. Evolution                        – Risk=1%
4. Thunderwind                 – Risk=1%
5. Thunderbolts                 – Risk=5%

Note:
1. We removed our Fractals-3 from our July trading basket.
It will be replaced with Fractals version 4.0 (new version).

Profit/Loss of July 2009 (based on 1% Risk) = IN PROGRESS

New Trading System we are testing for JULY 2009 (has not put into our basket):
- Thunderbird (another variant of scalping for USDCHF and USDJPY).
- Thunderstorm (another variant of scalping for EURGBP and EURCHF)

Complete Detail Statement for all trading systems until July 8, 2009:

1. Evolution — Click here
2. Freedom — Click here
3. Grid Specialist — Click here. Statement Report before Jun 10, 209:  Click here
4. Fractals-3 — Click here. Statement Report before Jun 10, 209:  Click here
5. Thunderbolt — Click here
6. Thunderwind — Click here
7. Thunderbird — Click here
8. Thunderstorm — Click here

For current/live performance: Click here

Every beginning of month, we report our current basket positions including the ones that new or removed.