Blackwave California
Reliability
206 weeks (since 2016)
27
144K USD
Trades:
1 209
Profit Trades:
963 (79.65%)
Loss Trades:
246 (20.35%)
Best trade:
386.42 USD
Worst trade:
-156.10 USD
Gross Profit:
13 949.29 USD (738 433 pips)
Gross Loss:
-3 384.29 USD (130 129 pips)
Maximum consecutive wins:
24 (169.97 USD)
Maximal consecutive profit:
872.71 USD (4)
Sharpe Ratio:
0.45
Trading activity:
85.98%
Max deposit load:
1.19%
Latest trade:
11 minutes ago
Trades per week:
21
Avg holding time:
7 days
Recovery Factor:
23.69
Long Trades:
858 (70.97%)
Short Trades:
351 (29.03%)
Profit Factor:
4.12
Expected Payoff:
8.74 USD
Average Profit:
14.49 USD
Average Loss:
-13.76 USD
Maximum consecutive losses:
8 (-182.54 USD)
Maximal consecutive loss:
-445.90 USD (4)
Monthly growth:
3.07%
Annual Forecast:
37.19%
Algo trading:
25%

Distribution

Symbol Deals Sell Buy
USDJPY 298
EURGBP 112
USDCAD 105
EURUSD 83
EURCHF 69
GBPUSD 63
GBPCHF 63
AUDNZD 51
AUDUSD 46
NZDJPY 45
NZDUSD 43
USDCHF 37
CADJPY 32
EURCAD 30
CHFJPY 30
EURAUD 25
AUDCHF 19
USDZAR 14
AUDCAD 14
CADCHF 13
NZDCHF 10
GBPAUD 3
GBPJPY 3
GBPCAD 1
255075100125150175200225250275300
255075100125150175200225250275300
255075100125150175200225250275300
Symbol Gross Profit, USD Loss, USD Profit, USD
USDJPY 1.3K
EURGBP 1.2K
USDCAD 615
EURUSD 521
EURCHF 610
GBPUSD 786
GBPCHF 1.1K
AUDNZD 418
AUDUSD 484
NZDJPY 587
NZDUSD 271
USDCHF 293
CADJPY 822
EURCAD 361
CHFJPY 174
EURAUD 236
AUDCHF 265
USDZAR 96
AUDCAD 138
CADCHF 98
NZDCHF 103
GBPAUD 39
GBPJPY 27
GBPCAD 26
2505007501K1.3K1.5K1.8K2K2.3K2.5K2.8K3K
2505007501K1.3K1.5K1.8K2K2.3K2.5K2.8K3K
2505007501K1.3K1.5K1.8K2K2.3K2.5K2.8K3K
Symbol Gross Profit, pips Loss, pips Profit, pips
USDJPY 124K
EURGBP 29K
USDCAD 36K
EURUSD 20K
EURCHF 19K
GBPUSD 18K
GBPCHF 20K
AUDNZD 20K
AUDUSD 15K
NZDJPY 12K
NZDUSD 11K
USDCHF 10K
CADJPY 9.4K
EURCAD 16K
CHFJPY 7.4K
EURAUD 8.7K
AUDCHF 5.3K
USDZAR 214K
AUDCAD 4.6K
CADCHF 5.3K
NZDCHF 1.8K
GBPAUD 1.8K
GBPJPY 1K
GBPCAD 522
25K50K75K100K125K150K175K200K225K250K275K300K
25K50K75K100K125K150K175K200K225K250K275K300K
25K50K75K100K125K150K175K200K225K250K275K300K

Drawdown

Best trade:
386.42 USD
Maximum consecutive wins:
24 (169.97 USD)
Maximal consecutive profit:
872.71 USD (4)
Worst trade:
-156.10 USD
Maximum consecutive losses:
8 (-182.54 USD)
Maximal consecutive loss:
-445.90 USD (4)
Drawdown by balance:
Absolute:
22.45 USD
Maximal:
445.90 USD (3.81%)
Relative drawdown:
By Balance:
5.46% (182.54 USD)
By Equity:
17.73% (419.91 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
AFXCapital-Real
0.00 × 1
XM.COM-Real 19
0.00 × 1
TradeWise-LiveUS
0.00 × 1
InfinoxCapitalLimited-InfinoxUK
0.00 × 1
PFD-Real
0.00 × 1
CalibrateManagement-Live
0.00 × 2
EGlobal-Classic2
0.00 × 2
ATCBrokers-US Live
0.00 × 4
CapitalCityMarkets-Live
0.00 × 1
PHP-LiveLiquidity1
0.00 × 1
StreamForex-Real
0.00 × 1
YuloTrading-Live
0.00 × 1
FXCM-USDReal04
0.00 × 2
FXCM-USDReal01
0.00 × 1
Trade12-Primary
0.10 × 21
FXGiantsUK-Real4
0.15 × 89
ICMarketsSC-Live10
0.27 × 92
MEXExchange-Live
0.29 × 14
UniverseWheel-Live
0.30 × 60
RoboForexDE-Pro
0.30 × 50
Quantix-Live2
0.30 × 102
GerchikCo-Gerchik and Co Ltd.
0.47 × 38
AGMGroupLtd-Real
0.48 × 209
VitalMarkets-Demo Server
0.60 × 5
599 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:
Victor Alfonso Ramirez Tobon
669
Victor Alfonso Ramirez Tobon 2020.04.02 16:44 
 

Gary is very professional... just select the best signal for you in his portfolio and enjoy.

mtm42
11
mtm42 2019.12.19 14:28   

Finish

Parki85
200
Parki85 2019.12.17 13:30 
 

User didn't leave any comment to the rating

Mehdi Zaouli
612
Mehdi Zaouli 2019.12.13 08:41 
 

BAD

antonioaranda
390
antonioaranda 2019.12.05 16:02 
 

User didn't leave any comment to the rating

THAWATCHAI VANIJPRABHA
236
THAWATCHAI VANIJPRABHA 2019.11.30 08:03   

Disappoint for this month and my first time to subscribe to this signal. Hope Blackwave will come back and strong signal again

solomon mutlu
159
solomon mutlu 2019.11.28 00:36 
 

bad... bad... bad...

Phu Le Nguyen Vinh
483
Phu Le Nguyen Vinh 2019.11.27 20:46 
 

User didn't leave any comment to the rating

Wen Huan Ren
118
Wen Huan Ren 2019.11.25 02:28 
 

不好 亏损加单,一直扛单

Albert Gommeren
410
Albert Gommeren 2019.10.31 05:13  (modified 2019.12.19 22:19) 
 

The best signal provider on MQL for serious investors, hands down. Extremely low risk and very consistent results.

Like Josh pointed out: if you experience large DD or lose money with this signal you either don't know what you're doing or you've applied some greedy multipliers to your trades. Either way, whatever is going wrong is your own fault, not that of the signal.

This signal literally can't be faulted in any way. 10 stars if I could.

Edit 13-12-19:

People posting after me now that there is some drawdown obviously don't appreciate that this signal can withstand unexpected events like this. Perhaps you should educate yourself a little.

Edit 20-12-19:

Gary proving yet again that he's ahead of the field, closing out a basket of trades with profit that would have bankrupted 99.99% of other signals on this site. Simply the best.

Joshua Moreton
692
Joshua Moreton 2019.10.22 16:42 
 

User didn't leave any comment to the rating

NeonHoboRanger
129
NeonHoboRanger 2019.09.19 16:19 
 

Good signal!

Josh DH
352
Josh DH 2019.09.18 01:33  (modified 2019.12.20 02:48) 
 

I have been following California, Pacific, and Australia, for almost 2 years now, starting at myfxbook, and now through MT4. This signal is one of the very few consistently profitable and safe signals I have come across. Gary is the real deal when it comes to actually being a professional trader, rather than pretending to know what he is talking about, so I have unequivocal confidence in his knowledge which keeps me from checking his positions constantly.

I have noticed the above comments, the sizing and Drawdown is all proportionate to Gary's account, being less than 3-5% in the last year, making this incredibly safe in comparison to other systems here. However, Gary explicitly states this system has a max DD of 15%, so even though unlikely, you have to ask yourself if you are willing to accept the full risk. Before you go blaming this signal, please check that your leverage and account size align with your risk appetite and you will never need to close a trade. I don't think its fair that the above comments are blaming the signal when it is actually the users own fault for not understanding the very basics of trading.

5 Stars Gary, Keep up the good work.

Edit 20-12-2019;

It clearly states there is a soft DD of 15% in the description. Understand that you are risking roughly 15% if you subscribe to this signal. If you cannot understand this simple, explicit, very easy to understand factor, go dump your cash into SP500 instead. You have to risk money to make money, so it is appalling that people have been abusing Gary for being under 15% DD with Swaps included, when that is exactly what they signed up for.

Christopher Mills
305
Christopher Mills 2019.08.04 23:00  (modified 2019.08.09 22:44) 
 

Excellent signal. Mr. Comey is the real deal - The draw down is acceptable and the win/loss ratio is excellent. I am trading .11 lots and profiting 250$ on average. I also trade my personal account based off this signal - Its a confirmation for me and takes the fear out of me trading 1-3 lots. I will keep this review updated as long as the signal stays open. Keep up the good work Mr. Comey and I wouldn't mind taking a flight to shadow you during trading hours!

Update: I don't like how far the grid goes into the negative and trading cross currencies isn't within my comfort level. Overall unprofitable for me because I have had to kill the signal twice due to excessive draw-downs. I can't ever justify being down $1000.00 as a professional trading such small lots. The signal is worth a try though.

LNoble
56
LNoble 2019.06.05 07:36  (modified 2019.06.25 00:19) 
 

Been with this signal for almost a month now, current ROI is sitting at 68%.

Some of the trades I get a little worried over, however, I have come to fully trust this signal. I guess i would however like to see bigger lots.

Thank you Blackwave, you're marvellous.

EDIT: Just lost USD$153

vjatuwat
431
vjatuwat 2019.06.03 12:02  (modified 2019.09.28 02:04) 
 

Order placing is very sharp. Peace of mind for all trader since DD remain low.

I have subscribed for 3 months now. it is a fantastic journey. Gary used counter trend style and some how he know not to play with GBP. He avoid the deadly trade while some other signals die. Hope he keep doing what he is doing consistently.

Updated on 5 months subscription, it is getting better and better. DD remains low.

davidkwcheung
9
davidkwcheung 2019.05.15 12:07   

I have 2 questions:

1. Why there are no stop loss and target price in the trade?

2. Why the lot size is so small (0.01 lot) in the trade?

Appreciate your response

sf72
336
sf72 2019.03.28 20:23 
 

After two months: perfect results. very reliable!

Uran Deliana
301
Uran Deliana 2019.03.28 19:33 
 

this is the best signal !

Allen Yeo
412
Allen Yeo 2019.03.07 05:22   

this is a good signal..

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
2020.03.18 12:57
Removed warning: No trading activity detected on the Signal's account for the recent period
2020.03.13 11:10
Low trading activity - only 7 trades detected in the last month
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
2020.01.21 12:49
No trading activity detected on the Signal's account for the last 6 days
2019.12.19 14:43
Removed warning: Low trading activity - not enough trades detected during the last month
2019.12.08 02:54
Low trading activity - only 5 trades detected in the last month
2019.12.04 17:51
Removed warning: No trading activity detected on the Signal's account for the recent period
2019.12.03 21:18
No trading activity detected on the Signal's account for the last 6 days
2019.11.27 15:12
Removed warning: No trading activity detected on the Signal's account for the recent period
2019.11.24 12:32
No trading activity detected on the Signal's account for the last 6 days
2019.08.28 15:26
Share of days for 80% of trades is too low
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
261%
27
144K
USD
32K
USD
206
25%
1 209
79%
86%
4.12
8.74
USD
18%
1:500
Copy