Hello traders,
I added to myfxbook the latest backtest that I have made about the “Turtle EUR” system.
You can find it here:
EURUSD – https://www.myfxbook.com/strategies/turtle-eur-eurusd/227953
GBPUSD – https://www.myfxbook.com/strategies/turtle-eur-gbpusd/227960
AUDUSD – https://www.myfxbook.com/strategies/turtle-eur-audusd/227967
Here you can find also “April 2020.zip”, the latest backtests and .set files.
If you want to compare the backtests with the real account, you’ll find that the opening and closing time between the trades are almost identical.
If in the real account some operations are missing, it is because I manually disabled the pair, since an operation is already open.
Regards
Andrea Lanza
Just amazing! Thank you Andrea.
Thank you Andrea! I had a question, the .set file of the april 2020 file is the current turtle eur system configuration?
Regards.
Yes,
it’s the actual configuration.
Regards
Andrea Lanza
Hi Andrea,
I just bought the WallStreet Forex Robot 2.0 Evolution Expert Advisor last night, because interest on proven consistency Turtle EUR Performance.
My e-mail address for account member WallStreet Forex Robot 2.0 Evolution is chriz2110@yahoo.com
After read the instruction, and install it on my MT4 Platform, I do forward test on Demo Account.
I observe the EA, at the begining, the EA doesn’t trade on EURUSD, GBPUSD & USDJPY. Later, the EA trades just 3 position, and already closed with profit.
What is the logic rule / condition for this EA to trade ?
When I I just notice, why Loss / Profit Ratio per trade is so Big, around 7.45x ?
Thanks
Hello,
by purchasing with Wallstreet you purchased 4 engines, which of these are you referring to?
If you are referring to Wallstreet Recovery PRO Evolution (which is the one used by Turtle EUR) and you’re using my settings, then it should open operations almost identical to mine.
Almost, because I realized that sometimes there can be differences between brokers and brokers.
I don’t know the internal logic, I don’t have the executables available.
Let me know at the next operation if your engine works together with mine.
Regards
Andrea Lanza
Hi, yesterday, I attach WallStreet-2.0 Evolution_v1.2
I have just read your latest backtest that you have made about the “Turtle EUR” system.
Your EA s WallStreet RecoveryPro Evo v1.3.
Today I do foward test WallStreet RecoveryPro Evo v1.3 on EURUSD, GBPUSD, dan USDJPY with M15 Timeframe.
So, the Turtle EUR is identical with WallStreet RecoveryPro Evo v1.3 with your .set files ?
Can I attach these 2 EA:
1. WallStreet 2.0 Evolution v1.2
2. Wallstreet RecoveryPro Evo v1.3
into simultaneously for each Pairs EURUSD, GBPUSD, dan USDJPY ?
Thank you & best regards
Chriz
Hello,
you can use the .set files for Wallstreet Recovery PRO Evolution only.
Yes, you can open two m15 chart for each pair and then attach both engine.
Regards
Andrea Lanza
Hi, I am thinking, if I would like to trade GBPUSD, EURUSD and USDJPY with WallStreet Recovery Pro. My budget $1,000 for each currency pair.
GBPUSD: $1,000 , EURUSD: $1,000, USDJPY: $1,000. Total Budget $3,000 in 1 trading account. It is possible ? How to set this EA on my trading account ?
Hello,
you can use one metatrader account with 3.000$ and three charts (EURUSD, GBPUSD and USDJPY) all set to M15 timeframe.
Then you can attach the EA on each chart.
If you need, you can download my settings for EURUSD, GBPUSD and AUDUSD.
Regards
Andrea Lanza
Hi!
I tried to run the EA on my PC some months ago, too.
I did not like it. I used Think Markets as Broker with an “Zero”-Account. This account type is faster than a standard accound, causes lower slippage at copytrading, but you pay a commission for every trade, depending on the lotsize. What you win with lower slippage is the same as you loose with the commissions, but the swap is better and if trans alre held for a long time, a zero account is better.
Back to topic.
I didn’t like to run the EA myself, because the trades were definitely NOT the same as on Turtle.
So I decides to stay with copytrading via myfxbook.
I made a little statistic: In 2020, Turtle had an average win of 10,1 Pips per trade (until today), without Recorytrades and the negativ closed trades that belong to it.
On my Zero-Account at ThinkMarkets I have had an average slippage of 0,7 Pips.
So I have losses due to slippage of about 7,1 %.
Kind regards,
Stefan
So Mac,
You dont recommend buy the EA and configure directly?
Regards,
Hello Andrea and thanks again for sharing your experiences. You currently manage 3 currency pairs together (EURUSD, GBPUSD, AUDUSD) on a single PAMM account TURTLE EUR. If we use your optimized setup each month, should I leave the value of MAX ACCOUNT TRADE = 1 to work in the same way ? In other words: on TURTLE EUR live account , what is the value of the MAX ACCOUNT TRADE parameter of each currency setup ? Thank you for your answer.
Hello,
MaxAccountTrades is referred for one pair.
Theoretically you can have 3 main trades open at the same time (1 for EURUSD, 1 for GBPUSD and 1 for AUDUSD).
But remember that when one trade is open, I manually disable the other two pair still closed, to avoid eccessive risk.
Sorry for my english…
Regards
Andrea
Hi Andrea,
Im currently wathching the results of Grid Master PRO FM from the same guys of this EA (Recovery PRO) and really looks like Recovery Pro but starting with low lots and increasing with AD trades and finally a RECOVERY trade, what do you think about this method? Is this include in the offer of wallstreet guys? I think we can have a backtest o f this method of course separete from the current Turtle EUR.
Any information will be grateful.
Kind regards,
Hello,
unfortunately I have not had the opportunity to test the engine, it must be purchased separately but fxAutomater always offers discounts.
Now I don’t have much time to do other backtests, I prefer to focus on Turtle and then that is a grid system and it is always difficult to convince the signal provider to publish it.
Regards
Andrea Lanza
Thank you Andrea, very kind
Okay, I see some of your backtests and as per your rules, they wouldn’t be possible right? Like the AUDUSD backtest.
37.94% is the MAXIMUM drawdown of the EA. However, you have previously said that, if the recovery trade fails and all goes badly, that you will have an emergency stoploss of 30%, correct? So 37% Drawdown would not be possible in forward testing, right?
Am I missing something?
Hello,
no the backtests are correct, although, they always remain backtests.
In real trading there may be some small differences.
The 30% drawdown is a limit that I have imposed on myself, if it happens, the operations must be closed manually.
The engine does not have a stoploss and, once the recovery is opened, or it closes in gain or it goes into stopout.
Regards
Andrea Lanza
got one uestion. the recovery is only 1 trade. what happen if that trade it turn to be he bad decision? that mean the only hope is for a recovery otherwise it will need to manually stop it. did i get it right?
Hello,
yes you’re right.
The strategy does not use a stoploss and if even the recovery trade fails, the last chance is to manually close both operations.
Those who follow this strategy must accept its risks.
Regards
Andrea
Hi Andrea,
Using the EA with your set file, may i know will the EA close the trade if it is on profit or have to manually close?
Hello,
open trades are managed by the engine and are always closed automatically once the profit is reached.
Of course, there must always be the engine running with a stable connection.
Regards
Andrea
Hello Andrea,
Thank you for your blog.
I bought WallstreetPro2.
I don’t see how to integrate your setting data.
In fact, in your setting file, there is much more information than in the “official” setting.
your settings :
WinLargeFonts=0
WinLargeFonts,F=0
WinLargeFonts,1=0
WinLargeFonts,2=1
WinLargeFonts,3=1
Magic=456321
Magic,F=0
Magic,1=456321
Magic,2=0
Magic,3=0
EA_Comment=
MaxSpread=3.00000000
MaxSpread,F=0
MaxSpread,1=3.00000000
MaxSpread,2=0.00000000
MaxSpread,3=0.00000000
Slippage=2
Slippage,F=0
Slippage,1=2
Slippage,2=0
Slippage,3=0
etc…
WS Pro 2 evolution setting :
WinLargeFonts=0
Magic=456321
EA_Comment=
MaxSpread=3.00000000
Slippage=2
etc….
In addition, I noticed that you have not integrated the setting for AUDUSD.
Thank you for your job…
Laurent
Hello,
in my latest backtest file “April 2020.zip” that you can find here there are all 3 pairs (EURUSD, GBPUSD and AUDUSD) with backtest and settings.
Make sure that you are using “Wallstreet Recovery PRO Evolution” (the latest version is 1.3), go to the settings tab and click on load button.
Here you can load the “.set” files that you can find inside the ZIP file.
Regards
Andrea
Thank you very much
Laurhaq
Dear Andrea,
I would like to get in contact with you. Please drop me a note to my email address. Many thanks,
Henk
Hello,
what notes do you need?
You can freely write to me, you can find my email below my name on the top left corner of the site.
Regards
Andrea
Dear Andrea,
I took the liberty to send you an email to your private email adres last Friday. Thus far, I have not seen your reaction to the email and I was wondering if you had seen it. Many thanks for your attention.
Best regards,
Henk
Hello,
I answered you by email.
Regards
Andrea
Hi andrew,
I have seen your backtest, so I want to ask how often will you update the backtest?
Under what conditions will you update your backtest? Thanks.
Hello,
there isn’t a special condition.
Generally I update my backtest once a month.
Regards
Andrea
Hi Andrea,
Gla to say hi Sir, can you share please your most recently backtest configuration? I´m running a new one, but my DD increase to 60% in GBPUSD with the April.set file config.
But I dont detect any change in the EA work, I´m copying Turtle EUR in myfxbook and running in another account the EA and are doing the same trades with the April.set file.
Just if you can share a new backtest for the recent months I´ll apreciate and help me to compare your configurations with mine.
Thanks a lot.
Kind regards, master!
Thanks a lot.
Hello,
I add “June 2020 – GBPUSD”, the latest GBPUSD backtests.
However there is not much difference with the previous backtests, more or less the parameters have remained the same.
Maybe your account capital is too low and this can lead to higher drawdowns.
Optionally, you can set the level of the AutoMM variable = 1, in order to reduce the drawdown.
Regards
Andrea
Hi Andrew,
I know you will release the backtest. For everyone to use, let more people use this parameter and make the parameter more effective. The more people use your parameter, the greater the power of the parameter
Is my idea right?
Hello,
the strategy doesn’t depend on how many people use my parameters.
I have released them for all those who don’t want to copy my signals but want to use the engine themselves.
Regards
Andrea
Hi Andrea,
I have followed your trade through Autotrade. The two positions of GBP/USD opened have been having >5% loss for each. What do you think about the trend of the GU pair. Will you let the EA keep running or close the positions manually soon? Thanks
Hello,
this situation has already happened in the past and unfortunately it will happen again, because my strategy is like this.
You just have to be patient and wait for the signal to retrace, I do not recommend closing manually, if I had manually closed the operations every time the recovery trade was open and it was difficult to retrace, at this time I would have reset my account.
Regards
Andrea
if in your next month backtest it doesnt show the big DD that we currently have then something is wrong. lets wait for the end of the month
Hey analysis experts out there.
What do you all think. Is there a good chance that GBP becomes fundamentally weaker in reference to USD? Or is the Dollar getting more weak first?
Will our trade have the chance to recover longterm?
100% loss really sad