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  #1  
Old 11-09-2011, 20:56
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Join Date: Feb 2009
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Default GMI - Trend EA

Dear Traders,

I have started this thread to talk about the performance of a custom built Trend EA which trades the EUR/USD pair.

Its called 'GMI - Trend EA'

Best Wishes
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  #2  
Old 11-09-2011, 21:54
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Default

Dear All,

You can see the results of the Trend EA here -

www.gminvesting.com/results.html
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  #3  
Old 13-09-2011, 02:24
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Default

this section of the forum is for expert advisers but it looks like you only use your robots to manage funds.

Good luck with that but please don't advertise here
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  #4  
Old 13-09-2011, 22:02
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Default

Hi John,
I'm not advertising here, im talking about an Expert Advisor which i built. Whats wrong with that? Isn't this part of the forum about Expert Advisors?
By the way, im not managing funds.
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  #5  
Old 17-09-2011, 12:20
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Default GMI - Trend EA : Weekly Update

Dear All,

To start off, i will write some background info about GMI.

What is GMI?
GMI stands for Global Markets Investing.

Who is behind GMI's Trend EA?
GMI - Trend EA is a joint effort of 2 x-bank traders, myself and my partner.

What does GMI's Trend EA trade?
GMI's Trend EA trades only the EUR/USD pair.

What is your experience in the FX market?
We have been trading the markets for almost 8 years. We met in a Treasury Banking course, 8 years back and have been together since. We tried and tested many FX trading strategies but never succeeded, mainly because we didn't have risk management, couldn't continue to be disciplined, couldn't handle the stress of trading and couldn't trade without greed.

So we decided to build an EA which will handle the 'risk', 'greed', 'emotion', and 'stress'. And lastly the EA should follow our Entry and Exit rules, based on Stop Loss, Take Profit and Trailing Stop.

We have been testing the EA for quite some time, around 3 months.

So the longest history we have for the EA is 3 months on Alpari UK.

After seeing the potential of the EA, we have decided to test it on other broker plaforms such as :

1) IBFX
2) FXDD
3) FXCM
4) FX Pro
5) FX Open
6) FX Primus
7) GFT Forex
8) Go Markets
9) Tadawul FX
10) Trading Point

So far the best results are with :

1) IBFX
2) FX Primus
3) Alpari UK

The rest of the brokers are profitable, but their equity curve is not as smooth as the above 3. So we are trying to tweak the EA's settings to get the best results.

The EA produced around 100 pips in this weeks testing.

Please feel free to review the testing results and ask any questions.

www.gminvesting.com/results.html

Have a good weekend!
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  #6  
Old 01-10-2011, 20:35
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : Weekly Update

Dear Traders,

Hope you are having a good weekend.

Last week, was full of swings and many pips to be had.

Our Testing of the EA continues and so far this week, the best results are with -

a) Alpari UK
b) FX Pro
c) GFT Forex
d) Go Markets

The EA is not performing so well on the rest of the brokers, but we are trying different settings to achieve better results.

Wish you all a good trading week ahead.

May the pips be with you :)
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  #7  
Old 08-10-2011, 10:06
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Default GMI - Trend EA : Weekly Update

Dear Traders,

This is a weekly update on our testing of GMI - Trend EA.

We managed to get better results this week after tweaking the settings.

The best results for this week are with -

1) Alpari UK
2) FX Pro
3) GFT Forex
4) FXDD
5) FXCM
6) Trading Point

The rest of the brokers results were not so good, due to slippage and connection problems.

We will keep the same settings for this week and see how they perform.

Wish you all a successful trading week ahead.

Best Wishes
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  #8  
Old 15-10-2011, 08:21
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Default GMI - Trend EA : Weekly Update

Dear Traders,

This is a weekly update on our testing of GMI - Trend EA.

As mentioned last week, we kept the same settings for the week to see how they perform.

Our findings suggest that 'Tuesday' is the worst trading day of the week for our EA.

Some Tuesdays the EA will perform well, and others it will not. Our research work going forward

is to find a way to be profitable on 'Tuesday'.

As for the remaining days of the week, the EA performs profitably, especially on 'Friday'

The best results for this week are with -

1) Alpari UK
2) FX Pro
3) FXDD

The rest of the brokers results were effected largely from the bad trading result on 'Tuesday'

We will try different settings for 'Tuesday' this week and see what happens.

Have a good weekend!
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  #9  
Old 19-10-2011, 09:40
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Join Date: Oct 2011
Posts: 6
Default Re: GMI - Trend EA

Commodities should rise today, as Fed. Chairman Ben Bernanke suggested last night that the Fed does not expect to change its interest rate until 2013. Gold should resume its rise after American investors search for a safe haven to put their money in, as European investors did in overnight trading. Gold rose $30 after Bernanke's speach. Althogh it lost most of that gain since, I believe it will resume its rise as global investors search for safety in the coming years. Also the end of October is the start of the wedding season in India, where demand is seasonally high for the metal.

The Bank of England started repurchasing assets from English banks a few weeks back and is purchasing about $150 Million in assets from them. Undoubtly, the continuation of asset purchase will inflate the price of Gold in the near term as English banks look for places to invest.

Here is a link to the story
http://www.forexpros.com/news/commod...opments-225781

Here is a link to the speech, it is a .pdf
http://www.bankofengland.co.uk/publi.../speech523.pdf
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  #10  
Old 22-10-2011, 10:43
Level II Lasers Member
 
Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : Weekly Update

Dear Traders,

This is a weekly update on our testing of GMI - Trend EA.

We mentioned last week that we would try different settings for 'Tuesday' in an attempt to be profitable on this day. The EA performed quite well this week.

The best results for this week are with -

1) Alpari UK
2) FXDD
3) FX Primus
4) Go Markets
5) IBFX
6) Trading Point

The rest of the brokers results were not so good, as we witnessed a lot of problems with slippage.

Scalper EA's will not perform well when there is a lot of slippage on some broker platforms.

We will try different settings this week on the broker platforms which we found in our testing to have a lot of slippage.

Best wishes
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  #11  
Old 23-10-2011, 20:42
Johnnykanoo's Avatar
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Location: Manchester, CT
Posts: 186
Default Re: GMI - Trend EA

you say you don't manage funds than you charge 35% performance fee based on what? An ea that manages money????

Seems like a half truth to me. You are right in line with pamm account commissions so call it what you want to but to me it looks like managed funds

I also find it interesting that for these huge account requirements and huge commissions you rely on free hosting from godaddy very suspicious
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  #12  
Old 24-10-2011, 16:33
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Join Date: Feb 2009
Posts: 36
Default Re: GMI - Trend EA

if i was really managing funds and charging 35% performance fee, i wouldn't rely on free hosting, don't you think???

take a look at the account type in the general description tab of myfxbook, it says 'demo' account. all the tests are running on 'demo'
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  #13  
Old 05-11-2011, 08:35
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Join Date: Feb 2009
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Default GMI - Trend EA : Weekly Update

Dear Traders,

This is a weekly update on our testing of GMI - Trend EA.

Towards the end of last week, we released a major update on our EA.

We noticed that the number of trades has reduced and the performance has increased.

The overall result was very good this week.

The best results for this week are with -

1) Alpari UK
2) FX Primus
3) Go Markets
4) FXCM

The EA did not perform well on other brokers because we did not apply the new settings.

We will apply the latest settings this week and report back next week.

Have a good weekend
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  #14  
Old 12-11-2011, 09:37
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : Weekly Update

Dear Traders,

This is a weekly update on our testing of GMI - Trend EA.

The EA performed so well this week achieving roughly 20 pips daily, ending the week with 100 pips in the bag.

Our findings this week suggest that the more concentrated the trades are, the better the performance.

As the latest settings reduced the number of trades, the EA has done very well.

The best results for this week are with -

1) Alpari UK
2) FX Primus
3) Go Markets
4) FXCM
5) FXDD
6) IBFX
7) Trading Point
8) Tadawul FX
9) FX Pro

The EA did not run at all on GFT Forex broker platform, we are investigating the problem at the moment.

All in All, the result was very good this week.

We hope the new settings will be good for many weeks to come.

See you next week.

Take care.
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  #15  
Old 26-03-2012, 08:33
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA on GBP/JPY pair

Dear Traders,

We have been testing our Trend EA on the GBP/JPY pair for quite some time with great success and hence decided to announce it.

Please click on the myfxbook link below to view its performance -

http://www.myfxbook.com/members/gmi_...s-50000/264227

Best Wishes,

GMI

:)
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  #16  
Old 08-04-2012, 14:39
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Default GMI - Trend EA on GBP/JPY pair

Dear Traders,

Following the announcement of our Trend EA on the GBP/JPY pair last month,

the EA has only 1 open position on GBP/JPY pair since the beginning of this month (April)

and is nearly up 200 pips in profit.

Once the EA closes the position and books the profit, we will report the results.

To follow its performance on myfxbook, please click on the below link -

http://www.myfxbook.com/members/gmi_...s-50000/264227

Best Wishes,

GMI

:cool:
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  #17  
Old 15-04-2012, 08:15
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA on GBP/JPY pair

Dear Traders,

Hope you are having a great weekend.

In our last post, our Trend EA was still in an open position on the GBP/JPY pair.

The EA closed the position on Friday, 13-Apr-2012 with a profit of 194 pips.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/264227

May the pips be with you :)

GMI
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  #18  
Old 21-04-2012, 17:51
Level II Lasers Member
 
Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA on GBP/JPY pair

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

The EA has stopped trading for the month of April and will resume trading next month.

Total of 226 pips generated for the month of April.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/264227

Best Wishes,

GMI

;)
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  #19  
Old 29-04-2012, 12:18
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Default GMI - Trend EA on GBP/JPY pair

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

Our Trend EA has produced a return of 4.52 % in April

The EA has stopped trading for the month of April and will resume trading next month.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Best Wishes,

GMI

:)
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  #20  
Old 01-05-2012, 00:43
Johnnykanoo's Avatar
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Join Date: Jul 2011
Location: Manchester, CT
Posts: 186
Default Re: GMI - Trend EA

It seems your first gy fxbook got deleted??????

Now the new one you posted looks ok
my guess is your running multiple accounts and when one margin calls you delete it and post another one that is doing okay and my guess is if this account shits the bed you'll have another one up next month

prove me wrong post the account you deleted so we can see it
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  #21  
Old 01-05-2012, 12:57
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Join Date: Feb 2009
Posts: 36
Default Re: GMI - Trend EA

Quote:
Originally Posted by Johnnykanoo View Post
It seems your first gy fxbook got deleted??????

Now the new one you posted looks ok
my guess is your running multiple accounts and when one margin calls you delete it and post another one that is doing okay and my guess is if this account shits the bed you'll have another one up next month

prove me wrong post the account you deleted so we can see it
Dear John,

Many thanks for your message.

To answer your question, we have never deleted a myfxbook account for GBPJPY pair till today. Why?
Because it is a trending pair and our Trend EA has never failed to make profit with this pair.

The following account you see is a demo account and has been running since February 2012.

http://www.myfxbook.com/members/gmi_...s-50000/290211

To remove any doubts you may have, we present you 3 different LIVE Accounts for 3 different brokers:

http://www.myfxbook.com/members/gmi_live

Please feel free to chat with us on Skype : mahmood.alrayash

Best Regards,

GMI
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  #22  
Old 05-05-2012, 21:57
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA on GBP/JPY pair

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

Since the beginning of the month of May, our Trend EA has only 1 open position

and is 94 pips in profit so far.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

We hope the month of May will be a good one for everyone.

Best Wishes,

GMI

:)
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  #23  
Old 12-05-2012, 15:00
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : May Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

If you recall in our last post, we mentioned that our Trend EA has 1 open position

since the beginning of this month. Our Trend EA is still holding that position and

is now 147 pips in profit.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Have a good weekend!

GMI

;)
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  #24  
Old 19-05-2012, 14:39
Level II Lasers Member
 
Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : May Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

If you recall in our last post, we mentioned that our Trend EA has 1 open position

since the beginning of this month. Our Trend EA has finally closed the position for

a total of 300 pips in profit.

The EA has stopped trading for the month and will resume trading next month.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

May the pips be with you!

GMI

:cool:
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  #25  
Old 26-05-2012, 08:08
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : May Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

Our Trend EA has produced a return of 5.86 % in May.

The EA has stopped trading for the month of May and will resume trading next month.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Best Wishes,

GMI

:)
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  #26  
Old 03-06-2012, 07:27
Level II Lasers Member
 
Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : June Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

It's the 3rd of June, and the GMI Team would like to wish you a month full of

green pips :)

Our Trend EA is in an open position and is -82 pips so far.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Best Wishes,

GMI

:rolleyes:
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  #27  
Old 09-06-2012, 14:50
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : June Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

Our Trend EA had 2 seperate open positions since the beginning of this month.

The EA closed the 1st position for 200 pips on Wed 6-Jun, and the 2nd position

was closed on Thu 7-Jun for 300 pips, so in total 500 pips for this month :)

The EA has stopped trading for the month and will resume trading next month.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Best Wishes,

GMI

:D
Attached Thumbnails
GMI - Trend EA-jun_2012.jpg  
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  #28  
Old 16-06-2012, 17:00
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Default Alpari UK Live Account

Dear Traders,

We are attaching a screenshot of our Trend EA

performance on a LIVE Alpari UK account since

the beginning of 2012.

Best Regards,

GMI

:D

Alpari UK Live Account - http://www.myfxbook.com/members/gmi_...uk-live/290028

*
Attached Thumbnails
GMI - Trend EA-alpari_uk_june_2012.gif  
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  #29  
Old 24-06-2012, 17:16
Level II Lasers Member
 
Join Date: Feb 2009
Posts: 36
Default Trading Point Live Account

Dear Traders,

We are attaching a screenshot of our Trend EA

performance on a LIVE Trading Point account since

the beginning of 2012.

Best Regards,

GMI

:cool:

Trading Point Live Account - http://www.myfxbook.com/members/gmi_...nt-live/290079

*
Attached Thumbnails
GMI - Trend EA-trading_point_june_2012.gif  
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  #30  
Old 26-06-2012, 20:38
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Default UIG Live Account

Dear Traders,

We are attaching a screenshot of our Trend EA

performance on a LIVE UIG account since the

beginning of 2012.

Best Regards,

GMI

:)

UIG Live Account - http://www.myfxbook.com/members/gmi_...ig-live/315855

*
Attached Thumbnails
GMI - Trend EA-uig_june_2012.gif  
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  #31  
Old 08-07-2012, 09:08
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Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : July Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

It's July, and the GMI Team would like to wish you a month full of green pips.

Our Trend EA is in an open position and is 4 pips in profit so far.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Best Wishes,

GMI

:rolleyes:

Last edited by msmr; 08-07-2012 at 09:10.
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  #32  
Old 15-07-2012, 14:19
Level II Lasers Member
 
Join Date: Feb 2009
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Default GMI - Trend EA : July Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

Our Trend EA is still in an open position and is 8 pips in profit so far.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Best Wishes,

GMI

:)
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  #33  
Old 22-07-2012, 13:21
Level II Lasers Member
 
Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : July Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

Our Trend EA is still in an open position and is 80 pips in profit so far.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Best Wishes,

GMI

:cool:
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  #34  
Old 29-07-2012, 21:03
Level II Lasers Member
 
Join Date: Feb 2009
Posts: 36
Default GMI - Trend EA : July Weekly Update

Dear Traders,

This is a weekly update on the performance of our Trend EA on the GBP/JPY pair.

Our Trend EA has closed all open positions for a net profit of 290 pips for this month :)

The EA has stopped trading for the month and will resume trading next month.

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

Best Wishes,

GMI

:D
Attached Thumbnails
GMI - Trend EA-jul_2012.jpg  
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  #35  
Old 01-09-2012, 23:42
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Default GMI - Trend EA : Improved Trading Logic

Dear Traders,

This is a performance update on our Trend EA.

The EA produced a return of 3.33% for the month of August.

Thanks to our improved EA Trading Logic which now includes

Elliot Wave Theory and Fibonacci on top of our

proprietary Trend indicator and filter.

With this improvement, we are able to trade most

of the Majors, Crosses and Exotic pairs with a high

degree of success. The Profit Factor is now 2.82

From this point onward, trading will be continuous

and will be considered as 'Swing' or 'Position'

trading giving us hundreds of pips :)

To follow its performance on myfxbook, please click on the link below -

http://www.myfxbook.com/members/gmi_...s-50000/290211

To your success!

GMI

:D

P.N. With this improvement, Our Trend EA is now at version 5.0
Attached Thumbnails
GMI - Trend EA-aug_2012.jpg  
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  #36  
Old 03-01-2014, 13:20
Level 1 Lasers Member
 
Join Date: Dec 2013
Posts: 16
Default Re: GMI - Trend EA

nice advertising man...good job
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