1. Data has
less spikes and tails, thus triggering less
negative stops
2. Micro lots
are allowed
3. You are
encouraged to use Expert advisors
4. The
company provides fixed spreads, an essential
feature for successful EA trading
5. Upon
backtesting on this MT4 made twice as much
money
6. With this
broker, the more money you make, the happier
your broker will be since the more you profit
the larger your lots will be and so the
commission from the spreads, unfortunately this
is not the case with most brokers
The live stream on this page
shows 3 accounts running at 3 risk settings: Direct
links to up-to-date reports of these accounts are
available on the right under the video stream:
Amazingly, The Aggressive
template was ahead for some time and grow the
account from $100 to $650 in six weeks then in
recent market that account was reduced to under $200
by a margin call. Now after new week trading account
was re-grown to $370. Not bad after a margin call.
But the low Risk template
account is already up from $1000 to $2343 in same
period. so we can say got similar performance to
Aggressive setup without taking the same risks
On the medium risk setup: No
trades left Open at the time I write this,
but the account is also up by 300% increase to equity.
The 10 K account went thru hell
from the moment it was created last week, but now
all trades closed and account is up by 10%.
Please note
that Forexbody settings work as provided on both
bull and bear markets. All tests are done on markets
that include up and down trends and the results show
profitability in spite of the fact that we have 3
sell trades and only one buy trade, This is just
amazing.
Forexbody trading
is not long term nor scalping. It takes full
advantage of the daily market moves. There is the
proper usage of leverage that gives your account the
elastic power to withstand most dangerous market
moves. It turns losing situations to high
profitability ones. Check your manual trading
history against the history of any of the account
reports provided under the live stream or on the
site tab. In recent market we heard about big
institutions getting the burn. while Forexbody users
who refrained from manual trading have multiplied
there equities many times over while at this moment
of writing all of them have 0 open trades for the
weekend on August 14 / 2010
Special Note in
regard to updates: You do not need to update
your EA weekly as before. We set expiration date
remotely or at least 2 months from our most recent
upload.
We continue to
upload the newer files to your personal download
page but you do not really have to download very
often as before. We suggest that you do it every
month on a Monday, Delete your old files and replace
with the new ones. If there is a mandatory update we
will send you notification by email if your
subscription is current you will receive it.
Look Ma ! What
Forexbody Amazing EA can do to my Forex account
that has only $40 left on it !
It was not my idea,
but a new user just asked me if he
can use Forexbody Aggressive version
on his $40 Forex account, and he
asked me
How Low Can You Go. It makes
no big deal going any lower than
this. I tested this on live account
data and got even better results.
Could not save the report but could
save this from the demo platform of
same mt4 broker
FULL REPORT
This test shows that
EA gets margin call on Aug 3 or so,
but look what is left after the
margin call from
$40 starting equity !
We are not
suggesting that you start with such
a small account. If this account had
better starting balance it would
continue to trade successfully
today. Please explore this site and
check out this
analysis of Forex Account Sizes and
our EA trading
Live Automated Forex Trading below:
Want to start making money in Forex?,
JUST follow live trades below, Stay close at provided times
below, Close your trade when EA closes.
Forexbody EA
Optimal Time Settings for Current Forex
Trading Week
Use with confidence !, these
are the settings for sure growth and
minimal chances of account wipeout.
growth potential up 500% per month
with medium RiskMax setting of 0.12,
and 100% with low RiskMax setting of
0.06 !!!
For All Brokers with 0 GMT
offset: Daily Trading Times:
Forexbody Expert Advisor Trading
LiveStream |
If not Live try
UStream ( Off Air )
There are 4
trades now per day. 1 Buy trade and
3 Sell trades. The above times are
included. The new settings are only
available via the use of the EA. We
are working on improvements to set
trade times for each weekday and on
MT5 version coming up will be
included.
New Forexbody Video
Sometimes there is tremendous
bandwidth pressure on the server so the transmitter will
refuse to work. but the account below will continue
trading and soon the live show will be resumed.
About the above live show setup: This live
stream whenever (
LIVE )
will show you account traded by Forexbody EA on New 5K starting balance REAL live with forexcom ( week 3 )
using Medium RiskMax template.
If live
stream is disconnected you will see playback of back
test videos instead. The live stream can also be helpful
to determine your trade times for your broker Mt4, see
note on the right. Previous accounts reports are
Here
| Full report and stats for this account shown in the
live stream above are available
here even if live stream is not live.
This week
we continue live back testing on
One Financial MT4 ( Recommended )
Click Here to view a very realistic back
test that will show you how this EA trades at
high speed
What's Next
1- WE CAN INJECT THIS EA INTO
YOUR LIVE MT4 ACCOUNT PLEASE
CONTACT US FOR DETAILS
2- COMING UP VERSION WILL BE
EVEN MORE PROFITABLE BY
INCORPORATING A NEW FEATURE THAT
WILL CAPTURE MAX PROFITS BY
CLOSING PARTS OF PROFITABLE
TRADES AND LEAVING PARTS TO
TRAILING STOP
Very important
Forex EA Trading Tip
GMT
settings = 0 at all times for
any broker !
Why??
To avoid
errors due to daylight savings,
We do not recommend using GMT
setting at all with Forexbody EA,
Instead we use our reference
broker's Market Watch versus your
Broker's Market Watch, The
difference is simply added to the
above provided times. Our reference
broker is Forex.com MT4
The answer is yes, The market
responds to news and Forexbody trade times are
selected for best times when the market really
moves. At press release times however, sometimes
news causes SL to be triggered easily. There is
nothing to worry about because it sometimes
works against you but more often it works for
you. If you do not monitor the market and all you
do is auto trade, there is no need to make a big
deal out of news effect on forexbody EA trading,
because forward and back tests show that only
rarely trades are affected by news negatively.
On the long term the EA will make much more
money than what it loses.
What real Live traders say about
Forexbody Expert Advisor ( This is real and
we have many more ) This user has authorized
publishing what's below )
The following was received from a
user after 1 week of trading, This user has authorized
publishing what's below )
More unsolicited real
testimonials from real people and Forex traders
More unsolicited real
testimonials from real people and Forex traders
( just in )
Below is the image that Ryan attached: Thanks
Ryan !
How to get your custom copy of Forexbody Signal
and EA
Forexbody Automated Trading
Beats Any Other Automated or Manual System Hands Down !
Forexbody EA Purchasing via
Paypal Options:
We are confident that you will make money
with this EA that we offer you this product at no charge if
you select Package 4
We have 2 options with VPS, if you are
thinking on hosting your live Forex account on your broker's
cheap or Free VPS think again, You may be destined to lose
your hard earned money due to that alone, Broker's free VPS
are very limited in resources, highly shared and not
recommended. You need your own VPS that you can run just the
way you run your very own computer but with the added
benefit of high connectivity and uninterruptible power
supply.
Please note that you will Get the MT4
Forex Autotrader no matter what option you choose
Package and Details
Price
PayPal
Forexbody EA VPS Bundle 1
For Professional Forex Traders
You will receive The Signal Software plus
the AutoTrader for your MT4. We will provide VPS ( $50 a
month value ) for your account on monthly basis. Your VPS
and EA will expire one month after your last payment if you
cancel your account. We will provide full setup and daily
maintenance of your VPS without having access to your Forex
account credentials.
$97.00 a month for 12 months
Forexbody EA VPS Bundle 2
For Professional Forex Traders
You will receive The Signal Software plus
the AutoTrader for your MT4. We will pay your VPS ( $50 a
month value ) for 1 year in advance. After one year you
would continue to pay monthly fees to VPS provider. This is
the sure way to guarantee no trading interruptions.
$995.00 one time
Forexbody EA Package 3
for serious Forex Traders
You will receive the
Signal software and the EA with right for free future
updates for life. No VPS server. but if you have a VPS you
can receive remote setup free of charge. you also can
receive free remote session for setup on your computer.
Forexbody System wizard is included Free of charge.
$395.00 one time
Forexbody EA Package 4
For those willing to share their profits
By working with your
broker we can establish a profit sharing relationship. No
manual trading or other EAs will be allowed on your account.
You input your Forex account credentials one time without
our observation. Minimum account size for this option is 3k
balance and balance = equity, meaning have no open trades at
the time. No withdrawals for 3 months from start time. 66/34
% basis. 66 of profits for you and 34 for developer who will
also maintain your VPS.
With this option you will
receive a special version of the EA that can be used
only on very small Forex accounts under $3000. The EA can
grow your account to a maximum equity size of $10000 and once
account equity is more than $10000 you are required to
upgrade to one of the above options or the EA would not
trade. We have created this option for those under the
impression that the Forexbody EA is just another EA like the
ones they have tried before. Upgrading is easy once upgrade
payment is processed.
$2.00 a day - Ongoing
until cancelled or upgraded
Forexbody EA Package
6: Let your Broker pay for this EA
If you open
your live account with Forexbody recommended broker, we will
make sure your Forex account get credited the cost of the EA
for life payment within 2 business days from account opening
time. Minimum live account required by broker for this
option is 5k.
Broker will
compensate you for the cost of this EA
Forexbody EA
via ClickBank: Low monthly payment and just $10 to get
started with Full 60 Day Money Back Guarantee
You will receive The Signal Software plus
the AutoTrader for your MT4. Your EA will expire one month after your last payment if you
cancel your account. We will provide full remote setup. All
major credit cards and other payment forms are available.
$10.00 for
First week then $50 a month for 12 months
If you do not receive your download within 4
hours after payment please
contact us
Home
Buy
Setup
Settings
Site
Support
Please refer to setup video inside Signal software application that you
purchased, and below is a step by step process
Step by Step, Now we also include Simple installer for
VPS, if you downloaded the Simple version installer you
can proceed directly to step 4
Step 1:
Download the software from your download
page that was emailed to you
Step 2:
Run the Signal application, after first
time setup process the toolbar will look
like this: You may get false warning from
your AV, disable your AV or you may have a
hard time. this software is 100% clean.
Step 3:
Count 4 buttons from right side Click on
the Green ( circled above) button, you will
see this below:
Step 4:
Click on the green button titled
FOREXBODY EXPERT ADVISOR and you will access
what is shown below:
>
Step 5
Click on step 1 button and Step 2 button
will light up green, Click on Open Folder
Step 6
After you click open folder
an explorer window will pop up
with EA and Templates folders,
highlight both folders and copy
to your MT4 directory, you may
have to confirm file replace.
Step 7
You may have to restart your MT4 if was
running, once done do the following step:
Step 8:
All you have to do to load
Forexbody EA is select one of
the 3 provided templates by
right clicking on your EURUSD
chart of any time frame. We
provide setting for this pair
only but you may use the EA on
any pair but you have to do your
own research. Finally make
sure Expert advisors are enabled
to trade live on your MT4 Tools
> Options.
Please
note that EA will be fully
loaded with correct settings
once you click on your favorite
risk template. With the new
settings the correct template is
no longer determined by account
size, but by your personal risk
apatite please read more below
to understand differences
between these templates.
That Ends Setup, Here is
some useful information you
can read in regard to setup, All
subscribers qualify for Unlimited remote
support please install Teamviwer and send
invitation to your computer
Now the following is useful information
regarding this Expert advisor
Hell, why
do I still see trades even though I see them
closed profitable with the New version?
The trades you still see are
only parts of the original trades. you still
see them in your terminal area but you think
why they are there if they were closed
profitable. The EA closed only a part of
each of the profitable trades you see when
they reached a threshold of profit as set in
the template. but there is a remaining part
left to chance with trailing stop. If market
reverses and your stop is reached the closed
part will more than make up for losses. This
is one of the three main improvement in the
new version and you are going to experience
amazing success with it. You can pay
attention to trade size that is left, you
will see that it is only a portion of the
original size of each trade. Reducing your
risk of losing the entire trade greatly. In
future versions we will include additional
steps of partial trade closure at certain
profit threshold. This is not a profit
limit. both profit limit and stop loss are
not used in any Forexbody risk template.
Auto RiskMax reduces
lot size as account grows, so a bleeding
trade when account size have become 10k will
not have the same potential on wiping out
the account as it would have when account
was 1k. ( just an example ) Profit pool closes out parts of trade
in case markets turns back and hits the
trailing stop.
You have no lost potential here, because the
trade size is already double. We close a
part to cover losses of the other part but
if the other part makes profit too you make
double the profit. It was frustrating to see
that our trades made money and as the
trailing stop was around the order line the
market came back and took the profit.
How to Test on Last 90
days of your broker data not
Metaquotes Generic Data
Do not download history data via your
MT4 history center because with most brokers
you do not get your broker past data but
generic history data from other sources
like MetaQuotes, etc. This data can not be
used for backtesting to determine the
success of your strategy on your broker Mt4.
What you need to do is open your MT4 chart
and click on the M1 time frame.. Move your
mouse over the chart area and spin your
mouse wheel backward as fast as you can , I
usually use macro software to do this 100
faster than a human can do it. and note that
this is best done in the weekends. You should
be able to go back 3 months in time for M1
time frame, Now repeat same process for N5,
and all the other time frames. If you are
doing this in the weekend you should pay
attention to MT4 Data gauge
This KB number can be anything depending on
how long you already have MT4 on, In the
weekend it does not increase unless you do
what I described in the previous paragraph.
When this number stops increasing you know
that you can no longer get any additional
data from your broker.
Now restart your Mt4 and test on the
period that you have complete data for on
all time frames.
Why trade
size increase is not linear as with older
version?
There are 3 reasons for this
now, Your equity will change rapidly as
trades overlap. automatic riskmax and
partial closure of orders. Some old
fashioned EAs our there do not even provide
you with risk max capability, you have to
set lot size on your own and that is not
very different from manual trading, which is
destined to wipe your account. We not
only provide With RiskMax feature that
determines trade size automatically
according to your account health, but we
also provide Auto RiskMax as well, this
feature will protect your account as it
grows, the more it grows the lesser are
chances of account wipeout.
Variable
Spreads vs Fixed Spreads
By making trailing stop 19
pips instead 20 we profit more or lose less
one pip by trade that comes to 4 pips a day.
If we go with a variable spread broker all
that this broker has to do to make you lose
every trade is widen their spreads to 19
pips as soon as you open your trade. Some
brokers widen their spreads up to 50 pips
specially at market open times. so it is no
good idea to use variable spread accounts.
DrawDown ( DD ), It does not matter what
type it is weather it is maximal, relative
or absolute , a drawdown is a drawdown and
we do every effort to avoid it. The best way
to do so is keep trigger under 5 as I always
do and keep researching recent market to
come up with best times to open trades.
These times usually are when the market tend
to range a lot for few minutes before big
moves. The biggest enemy is news, it may
cause you to have a floating trade that
lasts a long time. Applying news filter I
found out that we will wind up making much
less money. News can be your best friend
too.
When you have a drawdown the EA will not
stop trading but it will trade smaller lots
continuing to grow the account but not as
fast as it would do when there is no DD,
Success on beating the bleeding trade
depends on account size and how long the
market takes to come back.
My idea is to start with small Forex
accounts and apply my risk templates. $100
to 500 is good starting size. You have a
great chance with this EA and settings to
grow that money 10 times or more the
original size and you can always split
additional accounts from your main account
and use the EA on them. If you ever lose an
entire account that you started with $300
and reached $5000 you would not feel the
same grief you would feel when you lose an
account started with $20k and blew it via
manual trading.
By testing Forexbody version 3.4 and version
3.5 I found out the new version wins by a
great distance mainly because it trades
double the lot of the older one with
intention to close a big part of the lot as
soon as a bit of profit is made. How many
times we win the trade and into 20 pips of
profit just to find out that the market
turns back and closes the trade at 0 profit
or a loser. The new EA has a mechanism that
allows most trades in similar situation to
win or at least break even. because after
all the market is still very unpredictable .
There are only 2 directions I know, but
these 2 directions. but since we are using
stop loss resulting from trailing stop the
market can any moment send a spike or a tail
to your stop then after taking it it goes in
the direction of the unfairly closed trade.
Forexbody trading strategy tests does not
reflect commissions charged by broker, we
understand we are working with commission
free brokers because we are paying the
spread difference. When you have a Sell
trade, for instance, the trailing stop of
which is not triggered by the bid line,
rather it is triggered by the ask line which
is closer to the trailing stop by the amount
of spread of your broker. so if your
trailing stop is set at 19 then it is
actually 17 since it will go down as soon as
it is hit by the ask line. In Forexbody
templates the ask line is clearly visible
and colorful on your chart.
Most brokers offer you both variable and
fixed spread at account sign up. those who
do not know the difference wind up making
the wrong decision. If your broker fixed
spreads for EURUSD are under 2 pips then go
ahead and signup with fixed spread account.
If not then do not use that broker at all if
you want to do automated trading.
How to Use our
LiveStream to determine the correct Hours (
Forexbody EA Time settings ) for your broker
MT4
We use 0 GMT broker on our
live stream. Our settings must
be used as provided for this
kind of broker. Move your mouse
over the middle of the stream
and you will see option for full
screen (Home Tab), Now compare
our Market watch to your broker
Market watch to see the time
difference
Open EA
properties and ADD the time
difference to trade hours.
leave minutes settings as is.
.
Version 3.5 back test
at the 3 Risk levels we provide and
different account sizes( SOON )
Testing on Other Times
( other than last 90 days ) Below:
Graph: 7 - Starting a Test
on March 26 / 2010 which is as
far back as I could get force
this MT4 to get complete history
data from the broker itself (
Not from Metaquotes ) -In this
Test We are Aggressive Template
on $100 but on a time period
where current time settings are
not optimal. The EA Stops out
after 155 trades, with ending
balance of $176.00 after it
reached an equity of $470. I do
not change time settings to
create a sweet spot for testing,
I only test on last 90 days.
Period.
Full Report
Now take a look at Graph 8
below
Graph: 8 - This is the same
above test with same data,
broker and period of above test.
The only difference is that we
started this test with $500
beginning balance instead of
$100. The test continued
smoothly till today's date .
That is because the EA was not
forced to use higher RiskMax
setting when account balance was
under $500 in order to trade the
minimum required lot by the
broker. Larger account
startup balance reduces your
risks with Forexbody EA trading
. but when you do not have that
you got to take the risks. Full Report
Could we survive that day
with #200 starting balance?
Graph: 9 - Even with $200
starting balance we could not go
to today's date ( end ) but sure is a
better results
Full Report
Graph: 9 - With $300 the EA
was able to survive that day
which comes after trade 159 in
in all these graphs. This trade
was able to wipe account when
High RiskMax was in effect, but
the market came back for those
who waited and the same trade
became a winner,
The reason
the $300 worked while $200
didn't is that that with $300
deposit the EA was able to bring
the account equity above $500
just before trade 159. Once
account is over $500 the EA is
capable of trading Micro lots
without using higher RiskMax.
Full Report
Graph: 10 -
If We use last 2 months data
with $100 deposit and same exact
settings we will would not run
into a bad trade, This is mainly
because the TIME settings are
optimized for recent market and
determined by research on recent
market data ( last 90 - 100 days
). There is also another reason:
The market is always right. and
this is said about graphs 7 and
9 !
Full Report
Graph: 11 - Based on
the above presentation, We find
that that best account size to
start with using the new
Forexbody Expert advisor is $500
to be really on a safer side.
The graph shows a back test on
last 120 days of market data
using a variation of my future
aggressive templates which
includes most of current
settings. I will try to add time
slots for additional 2 trades to
this for a total of 6 daily
trades. and results of the final
EA will be displayed in the
following paragraph.
Full Report
Graph: 12 -
In this test we use 90 days
instead of 120, same parameters
of the above to show you that
you need time to grow the
account, because time is one
month shorted we got half as
much growth.
Full Report
Settings for version
3.5
( $100 / last 90 days ) tests Below: You do
not have to enter settings manually
Final settings already differ from what
is shown below, This is just to give you an
idea how this works.
The following will not
be updated whenever EA is updated..
Just select this
template to load
this EA and settings
Forexbody V3.5 Low Risk
template EA Last 90 Days
Performance Graph ( At Release
time )
Please Note that Low Risk does not mean that there is
no risk, Risk is always there in Currency Trading. Since
every one of the above EAs is designed to work on
accounts as small as $100 it is a good idea to split 3
accounts and do your own split forward testing. Now No
need to update EA every week as before, once month is
fine but you will receive notifications by email if a
critical update occurs. Expiration date is set to prompt
you for update 2 months from time of each update giving
uninterrupted trading if you update once a month. To
update go to your download page that was sent to you by
email. replace old files with newer ones.
If you have a problem viewing this TAB correctly, please USE MS
Internet Explorer |
Direct Mt4 Download Links
Trade Time Settings will be provided here for
all MT4 brokers !
When you load Forexbody EA, the
settings are for brokers with 0 GMT, to avoid
confusion with GMT offset and daylight settings we
try to provide your broker exact trade times as
shown on the left, If your broker is not listed here
and you are a subscriber to Forexbody , you can
request your broker time settings with the form
below
For Brokers with GMT offset other than 0 please
re-calculate above times accordingly, Use default
setting provided after you add difference between
your broker Market Watch time and Market watch shown
on the live stream below. See note below to figure
out above times for your broker if server time
differs from our reference broker: