Page 2 of 2 FirstFirst 12
Results 11 to 15 of 15
 0 Attachment(s)    

Thread: Fusion V 1.1a

  1. #11

    Default

    I think I would prefer to deposit $1,000 into a trading account and load a dozen of funyoo's EA's on it...

  2. #12
    Junior Member
    Join Date
    Nov 2009
    Posts
    25

    Default

    Quote Originally Posted by james_phuc28 View Post
    Hi,

    I just want to share your experience when using Fusion, Hirider, LMD, and Supervolcano on my 2 live accounts at FXDD and Interbankfx:

    1. Fusion and Hirider: look for small profits, while when market goes against the trades, big drawdown and huge floating loss of around 200 pips per trade. Terrible.

    2. Supervolcano: Yesterday, it suffered big floating loss of around 400 pips, and now gbpjpy moved up a bit. Currently, around 300 pips floating loss on 1 trade. Too risky

    3. LMD: Same as above. Always big floating loss or big losses of closed orders.

    I can not believe how they could bring up such amazing results of over 350% in 19 days. Those results should be FAKE ONES.

    Also, I hate people who sell SCRAP EAs at such high prices. I already asked for full refund, because I don't expect they can improve anything in their future versions.

    If they are serious and good programmers with experienced trading, they should have made all these EAs COMPLETE and NEARLY PERFECT before launching their sales. They are so hurried to get money from NAIVE TRADERS.

    Anyone still interested in their EAs, please test them all ON DEMO ACCOUNTS before using on live accounts, because I have lost more than 600usd in just few days by using these bad eas.

    Regards,
    James
    Totally agree with you. Stay out of this Fusion. I only runned it 1 day, no losses suffered; but with HiRider 210 pips SL and 7 pips TP, SuperVolcano with no SL etc.., made me stop using it immediately. They were just lucky during live competition. I see on their site they run live account which is now 17k from 5k. Let them be happy , in several days they will loose all and no more than 200$ will be left in their account. Asked for refund also

    Currently I am testing Ichi-AO-EA method presented by funnyo. Initial balance 1 month ago: 650 eur, current: 1100 eur; (a bit high risk used).
    Some problems still may be fixed. However, do trust all the work here by Funyoo & members; try be conservative and target long term; forget about scalpers with no stop loss and huge profit for short term.

    Regards,
    tek

  3. #13
    Junior Member
    Join Date
    Dec 2009
    Posts
    5

    Default Backtests

    I have ran several optimizations against HiRider only, not forward tests yet. Depending on which version you have downloaded various strategies may be turned on or off. S1 and S5 should be set to false as they are not profitable (S3 is marginally profitable, just over 1:1 win $'s vs. lost $'s). For S2, S3 and S4 I arrived at the settings below, results were based on Sept 15, 2009 to Feb 15, 2009 and were about 90% profit with 16.7% RDD. I have then backtested the same from 2007 to present, but with manual MM of 0.1 lot, one trade per $3,000 only for a much lower % is risked per trade ($190 per $3000 or better). Over this time period, average weekly profit is 0.79% with a median of 1.16% (of course, backtest only). April, 2008 is an exceptionally bad month, the rest were OK. Optimized settings were:

    S2 SL=190, TP=20
    S3 SL=30, TP=22
    S4 SL=190, TP=24

    Hope this helps.

  4. #14

    Default Yep

    Quote Originally Posted by AHF896 View Post
    er, sorry steven souder, i dont represent the makers of fusion EA nor have i tried it. but i'm sorry you cant complain that it blew up your $1000 little account when BY YOUR OWN ADMISSION you used 0.1 instead of the recommended 0.01 lot size. forgive me if i have got something wrong, but if you use ten times the lot size recommended you're hardly in a position to complain are you? thats just very very stupid on your part. again , forgive me if i have gotten something wrong from your post.

    Yep, I agree, I should have used just .01 lots, but I went riskier knowingly to shoot for the stars. With the Stats they were showing and the extremely low losses, I thought I'd give it a run. Not only did it wipe out my account but it has pretty much wiped out FRWC's own Live account that they have online(as another post also noticed) and they were trading at their reccomended .01 lots. Doh! I asked for a refund and it was DENIED. I must trade it either Live or Demo for 30 days and then provide a copy of the statement to get the refund. So I am running it on a demo account now for 30 days and then we'll see if they then come through with that refund. They Better honor it!

  5. #15

    Default

    Quote Originally Posted by stevensouders View Post
    Yep, I agree, I should have used just .01 lots, but I went riskier knowingly to shoot for the stars. With the Stats they were showing and the extremely low losses, I thought I'd give it a run. Not only did it wipe out my account but it has pretty much wiped out FRWC's own Live account that they have online(as another post also noticed) and they were trading at their reccomended .01 lots. Doh! I asked for a refund and it was DENIED. I must trade it either Live or Demo for 30 days and then provide a copy of the statement to get the refund. So I am running it on a demo account now for 30 days and then we'll see if they then come through with that refund. They Better honor it!
    Just a heads up, They did come through and honor the refund. I think there EA should sell for $29.00, but thats just my opinion. Good Trading to ALL!

Similar Threads

  1. A compact fusion reactor with Lockheed Martin
    By fxtester in forum General discussion
    Replies: 0
    Last Post: 10-16-2014, 10:52

Tags for this Thread

100, 100 pips, add, advisor, average, backtest, broker, chart patterns, copy, correlation, demo, donchian, eas, eur, eurusd, expert, expert advisor, forex, forex robot, free, funyoo, gbpjpy, high, indicators, live, live account, long term, low, main, manual, martingale, metatrader, online, price action, profit, profitable, programming, robot, robots, rsi, sales, scalper, scalping, short term, stop, stoploss, strategies, strategy, support, system, systems, test, the best system, time, trading, usd

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •