Blackwave Pacific
Reliability
250 weeks (since 2015)
151
1.6M USD
Trades:
1 860
Profit Trades:
1 447 (77.79%)
Loss Trades:
413 (22.20%)
Best trade:
7 579.74 USD
Worst trade:
-3 186.88 USD
Gross Profit:
319 184.08 USD (1 137 386 pips)
Gross Loss:
-74 410.83 USD (271 698 pips)
Maximum consecutive wins:
34 (325.50 USD)
Maximal consecutive profit:
18 062.92 USD (4)
Sharpe Ratio:
0.36
Trading activity:
93.77%
Max deposit load:
6.30%
Latest trade:
2 days ago
Trades per week:
10
Avg holding time:
8 days
Recovery Factor:
26.06
Long Trades:
1 179 (63.39%)
Short Trades:
681 (36.61%)
Profit Factor:
4.29
Expected Payoff:
131.60 USD
Average Profit:
220.58 USD
Average Loss:
-180.17 USD
Maximum consecutive losses:
15 (-1 637.83 USD)
Maximal consecutive loss:
-9 392.01 USD (4)
Monthly growth:
3.18%
Annual Forecast:
38.62%
Algo trading:
48%

Distribution

Symbol Deals Sell Buy
AUDUSD 631
NZDJPY 316
EURGBP 129
USDCAD 104
EURUSD 83
EURCHF 70
GBPCHF 63
GBPUSD 62
AUDNZD 61
NZDUSD 43
USDJPY 42
USDCHF 41
CADJPY 32
CHFJPY 31
EURCAD 30
USDZAR 29
EURAUD 25
AUDCHF 19
AUDCAD 14
CADCHF 12
NZDCHF 10
XAUUSD 6
GBPAUD 3
GBPJPY 3
GBPCAD 1
200400600
200400600
200400600
Symbol Gross Profit, USD Loss, USD Profit, USD
AUDUSD 15K
NZDJPY 10K
EURGBP 39K
USDCAD 13K
EURUSD 15K
EURCHF 12K
GBPCHF 23K
GBPUSD 16K
AUDNZD 12K
NZDUSD 6.6K
USDJPY 9.9K
USDCHF 6.7K
CADJPY 17K
CHFJPY 7.6K
EURCAD 7.1K
USDZAR 3.1K
EURAUD 6.7K
AUDCHF 7.1K
AUDCAD 5.1K
CADCHF 2K
NZDCHF 2.1K
XAUUSD 6.3K
GBPAUD 1.4K
GBPJPY 1.3K
GBPCAD 537
10K20K30K40K50K60K
10K20K30K40K50K60K
10K20K30K40K50K60K
Symbol Gross Profit, pips Loss, pips Profit, pips
AUDUSD 176K
NZDJPY 86K
EURGBP 33K
USDCAD 36K
EURUSD 19K
EURCHF 22K
GBPCHF 21K
GBPUSD 18K
AUDNZD 24K
NZDUSD 11K
USDJPY 17K
USDCHF 11K
CADJPY 8.8K
CHFJPY 7.5K
EURCAD 16K
USDZAR 352K
EURAUD 8.6K
AUDCHF 5.2K
AUDCAD 5.2K
CADCHF 4.9K
NZDCHF 1.8K
XAUUSD 16K
GBPAUD 1.7K
GBPJPY 990
GBPCAD 508
100K200K300K400K500K
100K200K300K400K500K
100K200K300K400K500K

Drawdown

Best trade:
7 579.74 USD
Maximum consecutive wins:
34 (325.50 USD)
Maximal consecutive profit:
18 062.92 USD (4)
Worst trade:
-3 186.88 USD
Maximum consecutive losses:
15 (-1 637.83 USD)
Maximal consecutive loss:
-9 392.01 USD (4)
Drawdown by balance:
Absolute:
0.00 USD
Maximal:
9 392.01 USD (4.31%)
Relative drawdown:
By Balance:
26.78% (1 637.83 USD)
By Equity:
47.74% (26 327.50 USD)

MFE and MAE Distribution Point Graphs

Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.

No data
No data

Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.

The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "ICMarkets-Live03" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.

GO4X-Live
0.00 × 1
InfinoxCapitalLimited-InfinoxUK
0.00 × 1
YuloTrading-Live
0.00 × 1
ATCBrokers-US Live
0.00 × 4
XM.COM-Real 19
0.00 × 1
TradeWise-LiveUS
0.00 × 1
CalibrateManagement-Live
0.00 × 2
PHP-LiveLiquidity1
0.00 × 1
AFXCapital-Real
0.00 × 1
PFD-Real
0.00 × 1
EGlobal-Classic2
0.00 × 2
StreamForex-Real
0.00 × 1
CapitalCityMarkets-Live
0.00 × 1
Trade12-Primary
0.10 × 21
FXGiantsUK-Real4
0.15 × 89
ICMarketsSC-Live10
0.27 × 92
MEXExchange-Live
0.29 × 14
RoboForexDE-Pro
0.30 × 50
Quantix-Live2
0.30 × 102
UniverseWheel-Live
0.41 × 249
GerchikCo-Gerchik and Co Ltd.
0.47 × 38
AGMGroupLtd-Real
0.48 × 209
ICMarketsSC-Live11
0.60 × 5
VitalMarkets-Demo Server
0.60 × 5
ICMarketsSC-Live09
0.61 × 23
621 more...
To see trades in realtime, please log in or register

Strategy



TWITTER: @BlackwaveFX

Blackwave Strategy - Basics


The strategy is a manual grid strategy and not an EA. While it has traded exotic and EM pairs profitably in the past it only trades major and minor forex pairs now to reduce
the cost of SWAPS and the inherent political/geographic/economic uncertainty around many exotic/EM pairs. When markets are overbought or close to overbought trades are opened
counter-trend. When profit targets are hit trades are closed. If the market continues to move against the initial position then a second trade is opened based on candlestick
price action and how the market is trading/pending news etc. Up to 12 positions maybe opened.

When markets are oversold or close to oversold trades are opened counter-trend. When profit targets are hit trades are closed. If the market continues to move against the
initial position then a second trade is opened based on candlestick price action and how the market is trading/pending news etc. Up to 12 positions may be opened.

Risk control is achieved through position sizing. Position sizing MUST be the most important feature of the strategy because there is no hard stop loss and no hedging.
People will often happily accept extrordingary profits and only query the strategy when they experience a stressful drawdown in their own account even while the master account
remains quite safe. This is because they have failed to understand how crutial position sizing is for the strategy.

While there is no hard stop loss there is a soft one which is market dependent and as follows;

Blackwave California - Approx 15%
Blackwave Pacific - Approx 35%
Blackwave Alpine - Approx 50%


This strategy has produced excellent profits since 2015 and is now one of the oldest strategies on most copy trading platforms. It is the inspiration for three MAM accounts
managing $2m of other peoples money. I never place trades in client accounts that I do not wish to place in my own accounts too and as at June 2019 my own commitment to this
strategy across all three risk levels is $190k.

These are the basics. To give any more information would be to reduce my flexibility and take away the major advantage of a manual strategy and make it effectively automated.
As a former stockbroker I like to watch all markets at once and get a sense of what's going on rather than put blind faith in back-testing which in the end only tests the past.
Links below to Blackwave Money Accounts which demonstrates my personal commitment to this strategy.







Average rating:
abdullahkhamis
67
abdullahkhamis 2020.04.15 04:23 
 

صفقات لأوقات عالية جدا تصل لشهر كامل

fazliddin424
3158
fazliddin424 2020.04.10 09:38 
 

You are the best and genuine! Keep up the good work.

shiwai
103
shiwai 2020.04.04 01:57 
 

User didn't leave any comment to the rating

chuff
14
chuff 2020.03.20 05:59 
 

bad

Fredrik Ek
929
Fredrik Ek 2020.03.19 19:16 
 

You are the best in this business Gary. To handle market conditions like you do (Pacific) is nothing but excellent. A dd of 23,5% is awsome and many others has burnt their accounts. Keep up the good work!!

Cheers

Green321
499
Green321 2020.02.26 21:44 
 

Very large balance min 30k USD required to make any sort of profit from this signal.

Arun Chhabra
409
Arun Chhabra 2020.02.05 15:19   

Very low movement with less volume account. Maybe you can use if you have a similar balance as a provider.

Radosław Kawalec
80
Radosław Kawalec 2020.01.24 16:31  (modified 2020.01.24 17:48)   

If you want to earn, open exactly opposite positions.

Nicody
261
Nicody 2020.01.23 11:44 
 

User didn't leave any comment to the rating

SOMPONG SRISUK
248
SOMPONG SRISUK 2020.01.22 18:16 
 

I'm still waiting for your signal.

Walter Scott
43
Walter Scott 2020.01.22 15:27  (modified 2020.01.22 15:30) 
 

If there was still a need to demonstrate how much this signal is garbage you can see it even now. Over 10 days with open trades with no sign of life. Lucky purchase and closing of eur-chf on 2 previous occasions on 8Gen and 9Gen and now stuck in these trades without the possibility of doing anything.

No messages from the trader for over 10 days. Last warning, you can still save yourself and leave!

-------------------------

Every time I tell myself that I have to stop copying this "Trash Trader" and then every time I say to myself: "but no next time it can't be worse than the last... but no every time is worse. Mistakes are getting worse, this man defines himself as a "Professional Trader" and defines who he is not agree with him "snowflakes".

Gentlemen, Mr. Gary is the one who managed to trade GBP under the Brexit election and bring a $ 2.3 Million account to a DD more hen $ 1 million and did not do the least self-criticism.

Do any of you want to be the new Gary Comey? Open a new MT4 account, choose a cross at random ... open against trend every 30-40pips at random, wait and wait and you will have his luck, you will be able to make al lot of money without burning the account for the next 4 years : because that's what he does!

Hugu beraht
74
Hugu beraht 2020.01.13 17:56   

Why by copying your signals you have an open 1.95 lot and I have 0.01 on my account. My 40USD fee will never pay back. How to change that?

javierbenitosantoni
93
javierbenitosantoni 2020.01.08 12:52 
 

Best signal on mql5, the owner invests a lot of money of himself

Pooya Khamooshi
1055
Pooya Khamooshi 2019.12.31 10:37  (modified 2020.01.01 16:42) 
 

After 1 year I've unsubscribed despite Gary's good performance so far that I still hope will continue and Gary and this signal be doing good however here are the reasons I believe this signal will be a failure:

1) the claim that the risk is approximately 35% is not true for 2 reasons, we have already seen the drawdown has gone to 48% and the stop loss hasn't been taken for whatever reason. Also when there is such drawdown a simple market gap can destroy the account therefore this signal is a time bomb I believe.

2) I have come to believe, by months/years of back testing, that Grid Trading in general although looks profitable, is absolutely wrong and will certainly, without doubt, destroy the account one day no matter how small the lot sizing and how large the distance between trades, risking the whole capital to gain small wins. One mistake will destroy the account. It's gambling. The truth is there is no price level that is too high or too low for the market so there must always be a stop loss never exceeding 3% of the account.

3) Grid Trading is torturous, watching your account reaching high drawdown for weeks and months while praying your account doesn't blow up!

4) The performance figures on MQL are fake, they miscalculate and don't take into account the many deposits and withdrawals properly so the true performance of the signal is manipulated.

5) Good safe traders risk 1% per trade and enter only trades with potentially 5:1 reward potential and let the profits run - the only safe way to make money consistently - it's hard to master this way of trading, it's why most people grid trade. It's a joyful way of trading watching your profits grow rather than watching your losses grow

So if you love yourself and your capital, stay away from anyone who does Grid or Martingale Trading which is a disease in this society. It's easily identifiable by looking at the chart if it's continuously going up.

Good luck!

Duy Van Dao
727
Duy Van Dao 2019.12.30 07:16 
 

2019.12.13: The truth is, we still stood firm after a terrible tsunami. I am very impressed with Gary's ability to manage capital, with a very simple principle, keep lots small.

Maybe this difficult time we will have to suffer a little longer because GBP has no signs of retrace or trend reversal. But every trend must have break points and I believe we will end at that point with profit.

Gary is a very experienced trader and would be lame if I gave him advice, but if possible I would advise him never to open a long-term position with GBP until Brexit ends and follow the interest flow trend.

2019.12.30: @Walter Scott: US-china Agreement can't impact so strong like this. This is a situation of an impact chain. Start by hawks action of RBNZ, after is Chinese economic data is better than expected, New Zealand GDP growth, and the last is optimism in US-China Agreement. But these have all been reflected in the current price except the US-China Agreement, so what will be waiting for NZD after the first phase agreement ends or there is news that will increase trade tensions. That economic data is expected to slow down both New Zealand and China, about the expectation of rate cut in February. Just remember, trading is future game.

At the same time, with technical analysis, we have a NZD going deep into the overbought zone without a clear retracement.

With support of fundamental analysis and technical analysis. I don't think this is a bad trade.

Joshua Moreton
688
Joshua Moreton 2019.12.18 15:30 
 

If you are new to forex and like most people, relatively certain it's all one big scam to take your money, then let Gary handle your cash whilst you learn the ropes for the next 5 years with demo accounts. His record speaks for itself, and he is one of the few people who correctly sizes positions and isn't 'gambling' but actually building wealth. Stop getting roped in with shiny promises of 100's of percent a month profit, or EAs that'll make you look like a pro. Sign up for Gary's signal, buy a couple of books, and hit the demo accounts hard. Anyone not new to Forex, well you'll already have come across Blackwave before, so you know the drill. Sign up, sit back, relax.

Anton Bogdanov
496
Anton Bogdanov 2019.12.17 14:14 
 

Gentlemen’s, we have to be - serious, if, IF some of us increase a risk level, this mean - its a base our mistake, from the beginning.

Just purchasing a signal and make a server - its a not enough, we have to compare a risk, and be accurate on this.

Double time less risk, Triple time less risk, in order to avoid a situation, then provider have a Drawdown...

And of course - never, NEVER increase a risk level, more than in provider account.

We have to be - ahead of dangerous.

Gary - is a very good and stabile provider.

He aware about markets, but again - if we increase a risk level - its our mistake, not from him..

Be serious dear Gentlemen’s

jokinvipo94
153
jokinvipo94 2019.12.16 15:22 
 

Dear Gary,

You seemed to me to be a reliable and very friendly person at first and so although I had very low results in the first month I decided to continue supporting you and trusting your work. At this time we have 30% DD and I have verified that the service price has doubled from $20 to $40 !!!!!

Since right now all the people who are copying your signal do not intend to lose 30% of the total balance sheet you use this to double the value of the service is a very unfair act!

I tried to send a message before i put this assessment but it seems to be blocked.

I can change is a bad note in the future and I'll be available to talk to you Gary at any time.

Send me a message anytime you want.

that's all!

Anton Kisslinger
312
Anton Kisslinger 2019.12.13 09:35 
 

Can't stand high DD

alagone
232
alagone 2019.12.09 10:55 
 

User didn't leave any comment to the rating

2020.04.21 12:54
Removed warning: No trading activity detected on the Signal's account for the recent period
2020.04.20 18:25
No trading activity detected on the Signal's account for the last 6 days
2020.03.25 18:09
Removed warning: Low trading activity - not enough trades detected during the last month
2020.03.25 18:09
Removed warning: No trading activity detected on the Signal's account for the recent period
2020.03.19 08:16
Removed warning: High current drawdown indicates the absence of risk limitation
2020.03.19 00:25
Removed warning: High current drawdown indicates the absence of risk limitation
2020.03.18 12:57
Removed warning: No trading activity detected on the Signal's account for the recent period
2020.03.12 23:22
Removed warning: High current drawdown indicates the absence of risk limitation
2020.03.12 15:25
Removed warning: High current drawdown indicates the absence of risk limitation
2020.03.12 07:46
High current drawdown in 31% indicates the absence of risk limitation
2020.03.12 05:29
Removed warning: High current drawdown indicates the absence of risk limitation
2020.03.12 03:27
High current drawdown in 32% indicates the absence of risk limitation
2020.03.05 11:59
Removed warning: Low trading activity - not enough trades detected during the last month
2020.03.05 11:59
Removed warning: No trading activity detected on the Signal's account for the recent period
2020.02.23 10:42
Low trading activity - only 6 trades detected in the last month
2020.02.21 17:09
Removed warning: Low trading activity - not enough trades detected during the last month
2020.02.10 11:48
Low trading activity - only 3 trades detected in the last month
2020.02.04 04:56
Removed warning: No trading activity detected on the Signal's account for the recent period
2020.02.02 12:13
No trading activity detected on the Signal's account for the last 6 days
2020.01.23 15:24
Removed warning: No trading activity detected on the Signal's account for the recent period
To see trades in realtime, please log in or register
Signal
Price
Growth
Subscribers
Funds
Balance
Weeks
Expert Advisors
Trades
Win %
Activity
PF
Expected Payoff
Drawdown
Leverage
30
USD
3 700%
151
1.6M
USD
261K
USD
250
48%
1 860
77%
94%
4.28
131.60
USD
48%
1:500
Copy