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ProfitOnForex System One

5 June 2020, 12:23

VALENTINA DI FELICE

130

This is a discussion about the ProfitOnForex System one EA just published on the MT4 Market.

Here are the available settings to test on the strategy tester and to set on your MT4

Files:

AUDCAD_4_6_2020.set 3 kb

AUDCHF_4_6_2020.set 3 kb

AUDJPY_2_6_2020.set 3 kb

AUDNZD_4_6_2020.set 3 kb

AUDUSD_4_6_2020.set 3 kb

CADCHF_4_6_2020.set 3 kb

CHFJPY_MYEA_2_6_2020.set 3 kb

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VALENTINA DI FELICE 2020.06.16 17:47 #1

Another wonderful day.

Just two weeks and a great gain!

VALENTINA DI FELICE 2020.06.17 07:28 #2

This is the link to a real account shown on myfxbook, with all the statistics.

VALENTINA DI FELICE 2020.06.17 07:29 #3

www.myfxbook.com/portfolio/proditonforex-system-one/5137746

VALENTINA DI FELICE 2020.06.18 09:50 #4

I have created a web site for the ProfitOnForex System, visit it..... here

here the results of the last day

Files:

Capture18.PNG 171 kb

VALENTINA DI FELICE 2020.06.18 09:54 #5

The official signal of the System to subscribe to.

https://www.mql5.com/en/signals/720282

VALENTINA DI FELICE 2020.06.18 09:59 #6

Subscribe to the official telegram channel of the system

ProfitOnForex Channel

VALENTINA DI FELICE 2020.06.23 20:09 #7

results new results

Files:

Schermata_2020-06-23_alle_22.01.37.png 53 kb

Schermata_2020-06-23_alle_22.00.48.png 64 kb

Schermata_2020-06-23_alle_22.00.23.png 59 kb

VALENTINA DI FELICE 2020.06.29 13:32 #8

Another wonderful week of profit

VALENTINA DI FELICE 2020.06.29 13:33 #9

another week of profit

VALENTINA DI FELICE 2020.07.01 10:07 #10

New wonderful results in a few days

gain

VALENTINA DI FELICE 2020.07.21 07:20 #11

Actually we are in a correction fase. A system with only gains is not realistic.

If you use SLs you will have also losses in the account, but you will save your money and you will always know how much will you lose.

My trades are all with SL.

If you want you can set the EA without SL, but I think that is not a good practise in trading. It is up to you, if you want to exclude SL set 0 in the input panel.

In the same manner if you do not want to set TP put 0 in the input panel.

VALENTINA DI FELICE 2020.07.21 08:20 #12

The healthiest and most profitable trading rule: a 1: 2 ratio between SL and TP

I think there is no absolute system in trading. Above all, we must always find a compromise in trading and update our systems, because the market always changes.

This is why we must always also monitor our robots to make sure they are going in the right direction.

My robot ProfitOnForex System one derives from years of experience, studies, courses, acquisition of different trading systems. But one thing I learned, even losing money: you must always have a Stop Loss. This may be a real SL or a hedging operation, but you must have it. Furthermore, it is better to remove the capital earned as soon as possible.

Of course a computer is better than us, it does not make mistakes because our phone is ringing or a colleague entered the door. So if we are able to reproduce our trading system perfectly, the computer is better than us not to fail.

This is why in the search for the perfect trading system, I decided to experiment with the healthiest and most profitable trading rule: a 1: 2 ratio between SL and TP. The new sets that I will publish and that I will test on my real account and on my Trading account will contain an SL and TP equal to 1: 2 with a Gain at this point of 2% and a risk of 0.5%.

I am also updating the system, and in a few days I will publish a new version of my robot.

VALENTINA DI FELICE 2020.07.27 11:56 #13

The new strategy is working very well.

But I need to test it longer before publishing my settings.

Please ask me if you need help with the EA settings.

I perform my experiments on my real account which is:

https://www.mql5.com/en/signals/720282

VALENTINA DI FELICE 2020.08.08 12:27 #14

Discussing my system and monitoring my EA ProfitOnForex System One,

I have 9 pairs on for set up in my MT4: AUDCHF, AUDJPY, CADCHF, CADJPY, CHFJPY, EURAUD, EURCHF, EURUSD, GBPNZD. They have been chosen in the past because in the MT4 Strategy tester they were the most profitable pairs setting a maximum drawdown of 25%.

But anyway, as many people write on the mql5 website, the market is always changing and statistics may be different from the real account.

Here are the results on an MT4 account where I used the same settings published in this discussion and always the same from the publishing of the EA (of course I have tested this system for more than one year).

as you can see the most profitable pairs from the 4th June 2020 are: CADCHF, CHFJPY, EURCHF. GBPNZD, AUDCHF, AUDJPY, EURUSD, CADJPY. EURAUD is not profitable along with GBPJPY.

Hence I will delete EURAUD as I have done for GBPJPY.

Using myfxbook.com is a nice way to understand what is wrong in your EA and to study statistics.

DRAWDOWN

Even is I optimised the EA setting no more than 25% drawdown, I have a maximum drawdown of 12.6% the 15th July 2020.

No more than 6 orders per pair in the set.

A good gain considering Pandemia in USA and summer time:

PLEASE TRY IT

VALENTINA DI FELICE 2020.08.08 12:30 #15

How the EA looks like on AUDCHF

VALENTINA DI FELICE 2020.08.17 06:13 #16

I have tried to set the SL at 1% and a TP at 2%, the system works as well but of course it is not profitable as letting the MT4 optimise the SL for you. In my EA Optimisation is important and realistic. The only thing is that optimisation tells you that the EA will earn less than it usually earn. So just chose the more profitable settings combining from optimization with Tick Data Manager, or use mine.

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