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Forex Shocker graduation

September 8th, 2009

I’m going to start Forex Shocker live on my JadeFX account tonight. I’ve been running it on demo for the past week, and it has been working out. So now it is time for it to graduate from demo school. Just one week might seem short, but performance wise I’m sure it is quite solid based on others live performance. I’m going to start trading it on EURUSD, GBPUSD and USDCHF with 0.1 lots during 21-23 GMT+1 (JadeFX time). This actually works out great because, at least in the demo, the trades have been quite quick and should be done by the time MD Pro’s main trading hours come around (which is 23-1 GMT+1). All pairs have behaved, but the three chosen have made the most per trade. EURCHF is actually the one that has made both most trades and pips, but I feel that profit per open trade should be premiered right now (since the account still is quite small and margin is limited).

MT4Stats is still down so I’ve moved my stats over to MyFxBook right now, and I quite like it. They tweak it now and then and it is getting better and better every day really. You can check the Forex Shocker JadeFX demo below.

Update: Of course Forex Shocker hits the first S/Ls since July the first night I’m live. Two stops hit with double GBPUSD trades for a total damage of $64. Fortunately Forex Shocker on EURUSD and USDCHF got one winner each and MD Pro got several so I still gained $8 for the day :)

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  1. Dan
    September 10th, 2009 at 00:49 | #1

    Of course it’d hit the S/L, that’s my kind of luck! Lol…are you running one trade at a time? I was perusing the thread on Shocker at Donna’s site, and it seems that multiple S/Ls were hit when you allowed more than one trade at a time.

    If you’ve tweaked the settings at all, mind sharing them? I’m considering getting this and giving it a spin soon as well! :)

  2. September 10th, 2009 at 07:36 | #2

    I was allowing two positions at the same time, but I reduced it to one after that first night. It is less profitable in backtests, but has lower draw downs.

    I haven’t tweaked the settings yet actually. I have been running some optimization runs and it is more profitable to extend the trading hours, but I haven’t tested that in the demo account yet. I haven’t been trying to optimize the NN parameters thou it could be interesting.

  3. November 24th, 2009 at 00:45 | #3

    Can anyone verify performance of this on both demo and live account for at least last two months?
    They seems to do better on demo than live so some reason

  4. January 15th, 2010 at 16:01 | #4

    Yeah, because the TP is quite small (only 4 pips) slippage on live accounts is a real issue. Demo will always be better of course, but if you find a broker with low spreads, fast execution and nice fills I think FS is good. I trade EURUSD, GBPUSD and USDCHF live at JadeFX and it is doing well.

  1. September 19th, 2009 at 10:30 | #1
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