interesting, please keep us posted
Will do, Johnnykanoo or myself will probably start a thread once it’s launched. I’m tempted to forward test it on a live account immediately, as opposed to demoing it. I’m still interested in MC2, but I’m going to hold off another month or so…
just to let you guys know mc2 is doing awesome! The best profit factor I have ever seen!
Hi John, My MC2 is not doing as well as yours, but I guess that sharp downturn in your equity in the screenshot became a loss soon after?
Actually mine is -1.53% since I started it live on 8th feb, but I like the way it trades and the developer seems very knowledgable which combined with the long running live account gives me a positive feeling about it.
could you tell me what Start day/time and End day/time you are using? Mine is starting on default day 1 which I think is missing the Monday opening trades.
Hey Johnny, what settings are you using?
start time_day 1
end time_day 5
end time_hour 21
end time_minute 45
All my settings are default from the last update with the exception of money management.
I forgot…
I started mc2 about December 15th so she has been running for a little over 2 months so far.
Looks interesting, just when you guys got me interested in SmartFX lol, now you have me curious again.
Please keep us all posted and how you get on. What are your fxbook details for this EA your testing?
Thanks
Are you using fixed lots or a higher risk MM settings? Those trade times, is that the default as well? I may get MC2 before that PhiBase because things are starting to look a little hokey with that one.
Also, which edition did you get, the Basic ($149) or Pro ($249)?
what the heck i tried posting a reply twice both times the post got lost. I dont have it in me to repost right now. I’ll catch up later.
Sorry guys. This board is pissing me off right now with there technical difficulty. I hate when I lose a post no less 2 smh!
Out of curiosity Johnny, how often has it been trading for you? I got it this week and have had zero trades
Posted by the developer on the instaforex forum…
For more than two years Magic-Champ II is showing great results on various live accounts, and now we are launching a major update of the system starting at $99!
Magic-Champ II is one of the longest running automated system on MetaTrader which has shown consistent profits over the last years. Its trading algorithm is combined with an excellent risk- and money management, minimizing possible risks in trading. [B]No martingale or position averaging, just pure and strict position trading, one at a time.[/B]
Incorporating the experience and lessons learned from over 1500 live trades we have managed to improve the system even more!
All our developments and backtests are based on [B]real tick data[/B], contributing to reliable system performance and realistic testing results.
We also changed the pricing dramatically to meet customer demand around the world, providing Basic – and Pro versions in a range from $99 - $249!
Please check Magic-Champ II on our website for all the information and pricing options!
ForexInnovation GmbH is a company based in Hamburg, Germany, specializing in the development of professional trading systems.
We serve institutional as well as private customers and offer a variety of trading systems and tools – the most renown products being the Magic-Champ II as well as the FI-X for professional investors.
All our trading systems run on live real money accounts. We trust in our systems and trade them ourselves, providing open links to our trading accounts.
You would like to know more about us or our products? Don’t hesitate to contact us!
WARNING: Please beware of [Censored]mers! There is only one ForexInnovation GmbH providing the Magic-Champ II!
Any future affiliates will be listed on our site.
Looking good on EURUSD. Its doing 10% per month.
March could be your best month so far.
I personally love these ea’s They are doing very nice indeed. I know I don’t keep up with my stats here as much as I should. It’s only coz I am a mod over at forexmoments.com and I have a hard time keeping up with both threads.
But seriously though I am currently at +24.06% so far in March
Cool let us know how you get on
It does better on EURUSD than GBPUSD. You can see more SL hit with GU than EU. If only the EA would take partial SL the way it takes partial TP. It seems to just let it go all the way to SL if it doesn’t reach the trigger point where it starts taking partial profits.
Also, the choice of brokers matters. Yesterday (Mon 19 Mar 2012) the EA on FXDD opened an EU trade slightly later and took the SL while it opened earlier on Pepperstone and had a profit.
You can check out the action on myfxbook. Search for magic champ and there are 8 tests running.
Hmm, the developer’s FXpro accounts did not have any trades. Perhaps they turned off trading on Mondays? Might be a good idea.
EU Results
gu results
MC2 hit 2 stop losses total for gu and one was a partial
i bought this EA yesterday but they haven’t sent it to me yet. i just have the paypal payment confirmation and their pending order. does it take so long to deliver? i wrote them too but no answer.
jhonny how long did yours take to get delivered?
------------------never mind i just got it-----------------
Johnny, airbolive,
which version are you running? Pro?
Thanks
im running pro. with reinvest money management. but i just have it working since this last monday.
no trades yet