Archive for December, 2010

Working on Crescendo “MM(a)XI” edition

Salve a tutti,

I’m finally back home and already back to work coding the ideas I had during those days of vacation.

Soon I’ll release Crescendo MM(a)XI edition (MMXI is 2011 in roman number) with a few important improvements. In the next days I’ll start publishing something so that you can be updated on that.

But let me recap a little Crescendo’s 2010 Live account performances:

Gain: +175.12% (+13937.42$ or 13260.6 pips!)

Total Trades: 497 (382 profitable  or 77%)
Profit Factor: 2.41

Month by month Profit:

Feb 2010: 6.06% (from the 22nd)
Mar 2010: 20.80%
Apr 2010: 21.92%
May 2010: 27.54%
Jun 2010: 19.44%
Jul 2010: 16.96%
Aug 2010: 8.99%
Sep 2010: 12.18%
Oct 2010: 11.30%
Nov 2010: 18.01%
Dec 2010: 11.93%

Monthly average: 15.79%
Daily average: 0.53%

This is what we’ve done this year. I’m sure that next year will be even better.

So Happy New Year to all the Crescendinos and may the 2011 be the most profitable year ever!

Buon Anno,
Andrea

Updates From My Vacations

Salve a tutti,

I hope you all had a nice Cristmas time and that you’re still enjoying some vacation before the end of the year.

In the next few days I’ll start a new blog dedicate to automatic trading in general. For two main reasons… because there’s much to say and do about that and because I want to keep Crescendo’s blog dedicated to Crescendo EA only.

I should also be releasing soon something new for Crescendo as well. I’m still out of town and I’d be back home only friday. I’ll start giving more information then.

Have a good rest of the week and be ready for a GREAT 2011!!

Cheers,
Andrea

Merry Christmas And Happy New Year To All The Crescendinos

A quick post just to say that I’m about to leave for one week but I’ll be online a few hours a day to try to answer some of the most urgent comments and emails.

I’m about to leave now in a very few hours. Later today I’ll reply to some of the comments that I red this morning.

I agree with those saying that I should keep things separated. Sincerely I didn’t expect suck a feedback. I’m trying to organize for keeping this blog dedicated to Crescendo and have something else for more general discussions about automatic trading with reviews, etc. As soon as I came back from holidays I’ll start a new blog with more general discussions. That for now. And thinking about the forum. There are pros and cons and for now the cons are still more :) But I’m working on a new project that will surely need a forum section and hopefully I’ll start it in the very next few months. Can’t say much about that but I’m sure that you’ll love it.

Thanks again for your trust in me and in what I do. It’s a great gift and I hope to be worth it every day

Merry Christmas And Happy New Year to you and your families
… Buon Natale e Felice Anno nuovo!

Andrea

MSFX – MT4 Tick Sender

Salve a tutti,

this is a small free software developed by a guy (MSFX) that helps EAs like Leo Trader to keep communications with the main server always active and updated by sending “fake” ticks to the MT4 platform.

As you know, indicators and EAs are only run when there’s a new tick in the chart. Usually there’s not problem during the London and the New York session, but during the asian session the number of ticks (updated of the chart price) can be very slow. This may cause a lag between the time the order is sent in the server and the time the order is fetched by the client (you Leo Trader Pro EA).

To keep that communication always active we can use this software that can let us send ticks to ALL the open MT4 platforms up to 2 times every second.

I’ve uploaded it into my server as MSFX web server is no longer online.

Here’s the link to download the MSFX-MT4 Tick Sender:
http://www.forexcrescendo.com/downloads/MSFX-MT4TickSender-Setup.exe

All you have to do is install it.
Double click the “MSFX – MT4 Tick Sender” icon on your desktop.
You’ll see a small window showing when it sent the last tick and let you set the “Refresh” time in milliseconds. 500 is default.

That’s it. You can hide it and let it run in background.

Leo Trader FAQs

Salve a tutti,
here are a few FAQs that can help you solve your problems with Leo Trader:

My Leo Trader keeps crashing
Going back and changing the inputs seems to upset it but removing it from the chart then reattaching should be trouble-free. The EA runs in an infinite loop and when you break the loop with F7, MT4 doesn’t seem to treat things the same way as when removing and reattaching – no idea why that should be though.

Crashes can also be due to the fact that you are applying it to more that one chart per CB receipt.

My Leo Trader does not authenticate
same answer… remove and reapply making sure that you putted the CB Code in the “ReceiptCode” option field.

What do risk, MinLotSize, MaxLotSize and Equity limit settings mean
Risk sets the lot size or the equity percentage used to open orders. If you set it to a value higher than 0 it’ll use that lot size (for example 0.07 lots).

If you set risk to a value lower than 0 (like -5) that means use a N% of the equity (if you set it to -5 it’ll use 5% of the equity).

The MinLotSize and MaxLotSize lot are used in case risk is < 0 and the lot size is calculated automatically.

EquityLimit… when equity drops below the specified % level (Ex. 30), the system won’t open new trades.

How can I buy the Leo Trader Pro for USDCHF/USDJPY?
Here’s the link: http://www.leotraderpro.com/LeoTraderUJ.php

Do I have to apply Leo Trader to all the pairs traded or only one time for each receipt?
YOU SHOULD APPLY IT ONLY ONE TIME FOR EACH RECEIPT. SO FOR TRADING EURUSD/GBPUSD OPEN JUST ONE EURUSD CHART USING THE FIRST CB RECEIPT NUMBER.

FOR THE ADDITIONAL USDJPY/USCHF OPEN JUST ONE USDJPY AND APPLY TO IT WITH THE OTHER CB RECEIPT.

Do I have to apply it to a specific time frame?

No the time frame is not important. You can apply to any time frame.

… more FAQs will come.

Leo Trader Download Link

01.15PM EST time (07:15PM my time):
I just spoke with Leo Trader team and they told me that the download link issue should be solved in about one hour from now.

In any case they’ll send an email to all of us when everything is ok.

I’m disappointed too so I understand you but I also know that if there’s something that can go wrong when you have to go live, you can be sure it’ll happen. That’s why I usually almost always have a plan B and sometimes even C :D

In any case, they confirmed that the EA won’t trade until tomorrow so we are not missing any pip ;)

I’ll keep you updated in this post as news will come.

01.48PM EST time (07:48PM my time):
IT’S UP and RUNNING.
JUST TESTED and THE LINK WORKS ;)

05.01PM EST time (11:01PM my time):
The Leo Trader EA doesn’t connect.
I’m online chatting with the team trying to have an answer from them about that. Keep you updated.

06.19PM EST time (00:19AM my time):
server connection problems should be solved for most of you. Everything should be totally OK within the next few hours.

07.33PM EST time (01:33AM my time):
I go to sleep now. Be back tomorrow morning hopefully with some good news.

P.S. Those who bought the USDCHF/USDJPY, the EA is the same, you simply have to apply it to a different chart with the other CB Code.

My Leo Trader Email And Link

Salve a tutti,

below is the email that you should be receiving about Leo Trader.

If you are interested in buying it you can do by clicking it here:
http://www.forexcrescendo.com/leotrader.html

I want to remember you that those who’ll by using the above link will be able to use my ResistenzaFX indicator. You can read more about it here:
http://www.forexcrescendo.com/resistenzafx.html

…and watch a video about how it works here:
http://www.youtube.com/watch?v=UYqUYExBzdo

Ane here’s my email:

Ciao,

Finally, the time has come. We talked about neural networks and how they can be used to develop automatic trading strategies. We had the chance to see a live account trading the latest, and so far, the most successful one.

There’s not much more to say. Now is the time to act, put it into test, and see if everything works as we all hope it will.

The Leo Trader Pro EA should be a very nice start in our portfolio building, and it’s available now.
A special bonus for Crescendinos is also ready: the ResistenzaFX indicator!

You can read more about it here:
http://www.forexcrescendo.com/resistenzafx.html

…and watch a video about how it works here:
http://www.youtube.com/watch?v=UYqUYExBzdo

This is a very powerful indicator, and it’s only for Crescendinos that will join me in trading with the Leo Trader Pro. Click here:
http://www.forexcrescendo.com/leotrader.html

After you have bought the Leo Trader Pro Neural Network Trading Robot, you will receive a confirmation email from ClickBank with your receipt number. Go to this link and enter your receipt number: http://www.forexcrescendo.com/leo.html

Once you have entered your receipt number, you will be taken to the ResistenzaFX download page with full instructions on how to set it up and use it. You will also find details of how to contact me should you have any problems.

So if you want to buy the Leo Trader Pro EA and put your hands on the ResistenzaFX indicator for free, your journey starts here:
http://www.forexcrescendo.com/leotrader.html

A presto,
Andrea

What I’m Working On Now

Salve a tutti,
just a quick update on what I’m working on actually:

  • update of the MTF trend algorithm (probably it’ll be multi-period and not multi-timeframe, so applied to the same timeframe but with different periods);
  • filtering for additional orders (testing the option to filter the entry of additional orders based on a “special” stochastic).
  • Crescendo Pro version (for those of you that want to tweak every single option)

More in the following hours/days ;)

HOW TO – Make Crescendo Work With Dukascopy

Salve a tutti,

in the past I’ve been asked if it’s is my intention to port Crescendo to other platforms. The answer is Yes.

The platforms I’m thinking about are FXCM’s Strategy Tester, Dukascopy’s JForex and naturally MetaTrader 5.

It’ll take a little time so probably the ported versions will see the light only in the first months of next year. Fortunately I got a few friends that are experts on those platforms that will help me in that so the process should be faster that having to learn in depth them all. But as I know myself I know that I won’t say that a new platform version can be released until I’ll have 100% the control and understanding of it :)

Anyway… for those of you using JForex (Dukascopy’s platform) there’s a short way to do that while you wait for me to port to it: the MT4/JForex Clients Bridge.

What you have to do is install a software that bridges MT4 with Crescendo installed to the JForex platform. So every trade sent on the MT4 platform is then replicated into the JForex one. I tested myself and it works very well once you’ve done the initial setup. Also performances can be even better considering that spread are lower on Dukascopy than on the average MT4 broker.

The setup process is not very easy, but very well documented. Here’s a list of resources to refer to learn the whole process.

The whole process with software needed to be installed is detailed here:

http://www.dukascopy.com/swiss/english/forex/jforex/third-party-solutions/mt4-jforex_bridge/

You can also find a video tutorial here:

http://www.youtube.com/watch?v=DTjEU4Nt1V8

and the second part here:

http://www.youtube.com/watch?v=Va_L5-THqEA

This can be a solution with those of you that want to run it on their Dukascopy account while waiting to have a JForex “native” version of it.

I have to thanks Paolo for giving me such informations and helping me with JForex. An also Jean-Marc for a lot of things and FXCM Strategy Tester stuff. MQL5 I have to learn myself :D

Leo Trader Pro Launch Postponed To Monday 20th

Salve a tuti,

I’ve been contacted by the Leo Trader Pro team.

As I anticipated, the client EA is a “trade replicator”. It means that there’s a server streaming orders to all the clients. This is the best solution to have the neural network always fitted and trained.

Well, it seems that the number of people interested in the Leo Trader Pro is much greater than expected, and the actual “architecture” wouldn’t be able to host us all.

The team has decided to postpone the launch to Monday the 20th and setup a new server in the meanwhile.

Personally, I really appreciate their decision as this is a proof that they care for their clients and want to give us the best possible service.

That also means that we have to be a little more patient. But, I’m sure the Leo Trader will be worth the wait. ;)

P.S. Alessandro get same Valium in the meanwhile …just kidding! :D