Forex Sigma EURUSD, GBPUSD and GBPJPY Trader [No Scalping]

AndrewFXS

Newbie
8 0
Hi guys, I'm the new owner of and I will be posting trades for the most popular pairs it works with, EURUSD, GBPUSD and GBPJPY.

This trading strategy is based on fibonnaci, and tries to find mispricing in extremes, where the price will mean-revert to a normal trading price. Focus is on dollar pairings such as Eur/Usd, Gbp/Usd and Aud/Usd. Predominantly with a 75% short to long basis. The strategy is a long-term strategy based on Parabolic channels. Entries and Exits are generated by long-term econometric modelling of
patterns which repeat themselves and thus giving low-risk opportunities. Both Short/Long taken off 4-hr charts.

This EA is being copied to client accounts by TradeCopier to protect the code and to allow me to update the software every month or

when its needed. My goal is to keep this EA profitable for a long time, not having a few good months every year.

I updated the EA this weekend to reflect on some market changes and you can follow all trades starting this week below:
MT4i - Statement for forexsigma

I will be constantly updating the EA, so it won't get stuck as most robots at some point.
 
Last edited by a moderator:

AndrewFXS

Newbie
8 0
As promised, here are the latest trades for the Expert Advisor Forex Sigma.

WEEK 38
-------
September 18 - Closed Sell EURUSD 1.30915 for +50.0 pips
September 19 - Closed Sell GBPUSD 1.62259 for +30.0 pips
September 19 - Closed Sell GBPUSD 1.62211 for +30.0 pips
September 19 - Closed Sell GBPJPY 127.564 for +60.0 pips
September 21 - Closed Buy GBPUSD 1.62463 for +30.0 pips
September 21 - Closed Buy EURUSD 1.29808 for +50.0 pips
TOTAL PROFIT/LOSS = +250 pips


WEEK 39
-------
September 24 - Closed Sell EURUSD 1.2952 for +50.0 pips
September 24 - Closed Sell GBPUSD 1.6201 for +17.1 pips
September 26 - Closed Buy GBPUSD 1.62642 for -89.2 pips
September 26 - Closed Buy GBPJPY 127.582 for -180.4 pips
September 28 - Closed Buy GBPUSD 1.62228 for +32.0 pips
September 28 - Closed Buy EURUSD 1.28897 for +50.0 pips
September 28 - Closed Buy EURUSD 1.2901 for +56.0 pips
September 28 - Closed Sell GBPUSD 1.61734 for +30.0 pips
TOTAL PROFIT/LOSS = -35 pips
 

thepom

Member
91 4
I updated the EA this weekend to reflect on some market changes and you can follow all trades starting this week below:
MT4i - Statement for forexsigma

I will be constantly updating the EA, so it won't get stuck as most robots at some point.

I will follow this with interest.

Any particular reason you used MT4i instead of Zulutrade?

Am also surprised that you are only trading in Demo. Where is the courage of your convictions by trading for $$$ ?
 

AndrewFXS

Newbie
8 0
Most of my customers use MT4i to track the results, so I just did the same. I still prefer MyFXBook, to be honest and thats where I set up my live account at.

About live, I took over the company in august, in september I was working hard to adjust the settings, so its profitable again, as it wasn't updated for months. I'm in the process of setting up a live account now, but it takes some time...first the verification process...then I have to verify moneybookers, too, as the broker only takes cc payments through MB. But I hope the live account will be live and showing results on MyFXBook in october.

Thanks for your interrest.
 

AndrewFXS

Newbie
8 0
The Forex Sigma is not based solely on fibonnaci, its just a part of it. But to answer your question as why. Because they tend to work. Maybe simply so many people use them. Of course, when a big bank decide they need money, they can make any strategy and well known system look like a joke and just take big profits no matter what. Thats why it is better to trade based on various signals and having smart stop losses(or watching the market and doing it manually 24/7) set.
 

AndrewFXS

Newbie
8 0
WEEK 40
-------
October 4 - Closed Buy EURUSD 1.29324 for +26.0 pips
October 4 - Closed Buy GBPUSD 1.61448 for +38.2 pips
TOTAL PROFIT/LOSS = +64 pips
 

AndrewFXS

Newbie
8 0
WEEK 41
-------
October 8 - Closed Sell GBPUSD 1.61161 for +42.0 pips
October 8 - Closed Sell EURUSD 1.2987 for +42.0 pips
October 10 - Closed Buy GBPJPY 125.038 for +45.4 pips
October 11 - Closed Buy GBPJPY 125.6780 for +29.1 pips
October 11 - Closed Sell GBPUSD 1.60487 for +24.7 pips
October 11 - Closed Sell EURUSD 1.29436 for +35.9 pips
October 11 - Closed Sell EURUSD 1.29438 for +37.5 pips
TOTAL PROFIT/LOSS = +256 pips

Forex Sigma Expert Advisor EA - Forex Trading Robot For Professionals
 

ronald123

Junior member
12 1
Hi guys, I'm the new owner of and I will be posting trades for the most popular pairs it works with, EURUSD, GBPUSD and GBPJPY.

This trading strategy is based on fibonnaci, and tries to find mispricing in extremes, where the price will mean-revert to a normal trading price. Focus is on dollar pairings such as Eur/Usd, Gbp/Usd and Aud/Usd. Predominantly with a 75% short to long basis. The strategy is a long-term strategy based on Parabolic channels. Entries and Exits are generated by long-term econometric modelling of
patterns which repeat themselves and thus giving low-risk opportunities. Both Short/Long taken off 4-hr charts.

This EA is being copied to client accounts by TradeCopier to protect the code and to allow me to update the software every month or

when its needed. My goal is to keep this EA profitable for a long time, not having a few good months every year.

I updated the EA this weekend to reflect on some market changes and you can follow all trades starting this week below:
MT4i - Statement for forexsigma

I will be constantly updating the EA, so it won't get stuck as most robots at some point.

Hi. The MT4i stats don't look too impressive... Any reason for this?

Ronald
 

AndrewFXS

Newbie
8 0
Hi. The MT4i stats don't look too impressive... Any reason for this?

Ronald

The old account burned, the new is almost 500% up again. There is new risk management now with 2 accounts, high risk and low risk. I recommend having 70-80% in low risk(max DD 1-2%) and the rest in high risk. And then moving the profits from high risk to low risk. Here is the latest high risk stats:
MT4i - Statement for forexsigmaea
 

AndrewFXS

Newbie
8 0
You're continuing the same system that has already burned your account? Or have you switched to a different system besides changing the risk management?

The system burned the account because I cared too much about FIFO and no hedge. Now I say clearly on the main page, that a high risk account requires hedging and doesn't follow the FIFO rule either, so some brokers just won't work.

But anyway, now high risk is called high risk for a reason, so people with weak stomachs, stay away.
 
 
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