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Thread: Forex Shocker

  1. #41
    Junior Member
    Join Date
    May 2009
    Posts
    18

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    For people who have tried FX Shocker, what is your best settings? Have you tried tweaking
    when the bot runs, or the different risk appetite?

    Andy

  2. #42

    Default

    After almost four weeks of trading on our demo account, 29 profitable trades, no losses, and a gain of 11.2% using the regular money management setting on two pairs, we have elevated Forex Shocker to the "Full Approval" category. Our demo results: MT4 Stats - Share your MetaTrader 4 Statements with the world

    We have just opened a real account running only Shocker and you can see the live performance results here: MT4 Stats - Share your MetaTrader 4 Statements with the world

    Thanks,

    TraderMike

  3. #43

    Exclamation

    Just to ballance the picture I personally found Shocker's live equity curve too unstable to continue. Therefore I've deactivated this EA from my live account.

    Yes it can make a heap of money in one shot as well as lose a heap in one shot.

  4. #44
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

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    I have been testing this for a while on my live account and also have had no losses, it seems to be doing very well.

  5. #45

    Default

    It's doing well for me too, with the exception of the EURGBP wipe-out I had one night when the trade failed to close within trade hours and lingered into the European open where it hit stoploss on two large trades

    Anyway, my live account has now recovered from that, and it's profiting some more. I have of course, taken Forex Shocker off the EURGBP and the EURCHF where the spreads are larger.

  6. #46
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

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    I have had no losses like i said above, however only trade this on three pairs and that is gbpusd, usdchf, eurusd ONLY in live trading!! do not trade on any other pairs, i have found that they perform badly in my backtests and also on my demo forward trading.

    The other 3 pairs did very well in my backtests and have had no losses in forward trading. eurgbp did perform the worst like you say

    Quote Originally Posted by Neo-Rio View Post
    It's doing well for me too, with the exception of the EURGBP wipe-out I had one night when the trade failed to close within trade hours and lingered into the European open where it hit stoploss on two large trades

    Anyway, my live account has now recovered from that, and it's profiting some more. I have of course, taken Forex Shocker off the EURGBP and the EURCHF where the spreads are larger.

  7. #47

    Default

    Last Thursday, between Eur/Usd & Gbp/Usd I lost $120 on my live account which then under performed any gains made so far. Could have been a fluke who knows but in any case glad to hear some of you are doing well with this.

  8. #48

    Default

    Quote Originally Posted by TraderMike View Post
    After almost four weeks of trading on our demo account, 29 profitable trades, no losses, and a gain of 11.2% using the regular money management setting on two pairs, we have elevated Forex Shocker to the "Full Approval" category. Our demo results: MT4 Stats - Share your MetaTrader 4 Statements with the world

    We have just opened a real account running only Shocker and you can see the live performance results here: MT4 Stats - Share your MetaTrader 4 Statements with the world

    Thanks,

    TraderMike
    TraderMike,
    Which broker do you use for your live and demo accounts. This EA is execution sensitive.
    I saw you back test it on MIG. My previous experience with MIG - they don't let you scalp and don't like when you win. I didn't stay with them when I saw them jamming, but heard bad trader stories about jammed executions and stops taken out on live acc. They are great for demo though.
    So What broker do you use for live?
    ***********
    I run shocker on ECN with close results to yours. So far so good. Live account trades differ from demo 30%-50% with identical settings on both. I believe it is dew to fractional data and erratic ECN spreads. Also there is no simulation of execution engine on demo. So live is different but as profitable overall.
    Last edited by Metatrader7; 07-02-2009 at 20:18.

  9. #49

    Default

    Quote Originally Posted by plandy View Post
    Last Thursday, between Eur/Usd & Gbp/Usd I lost $120 on my live account which then under performed any gains made so far. Could have been a fluke who knows but in any case glad to hear some of you are doing well with this.
    At what time did they hit their stop losses though? Did the trades stay open too far out and away from Forex Shocker's designated trading time?

  10. #50

    Default

    Quote Originally Posted by Neo-Rio View Post
    At what time did they hit their stop losses though? Did the trades stay open too far out and away from Forex Shocker's designated trading time?
    It was set to start 22:00 & end at 24:00 MGT +1. I've had it demo tested with this same setting for a few weeks with little problems. Sometimes it takes a little luck to keep things in profit. For example I've got another EA doing nicely with one broker but bad with another so I took it off from that one.

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