Latest from Forexbody
Version 4 updated and killer new settings are available in template 4.00.2
Version 4 is released in full and available on the download tab
Version 4 pre-release is available at www.eamt4.com

 

Version 4 is being forward tested live on vip spread Askobid account Nearly 100 trades per day
Also on FXPro: forward test ( all trades after Nov 8 are done by V4 ) FxPro updated every 5 minutes
Version 4 Scalping mode being back tested on 28 computers and each test is taking few days to complete with tons of Mt4 data.
Version 4 about to be released : progress at What is Forex
Version 3.77 of Forexbody uploaded: last update before version 4
Version 3.76 of Forexbody Money Printer  Expert Advisor Uploaded
Version 3.75 of Forexbody Money Printer  Expert Advisor Uploaded, Deal with Askobid for ECN accounts for forexbody users completed
Version 3.74 of Forexbody Money Printer  Expert Advisor Uploaded, Highest account security ever, Current version 1st week forward test shows shows that it can be safely used with the new mandatory hedging disabled 50:1 margined accounts in USA without any settings modifications but we can confirm this by next weekend, and if necessary we will provide new update that has changes to the dll code which is responsible for AutoRiskMax feature to make it run safer on such accounts.  More

Version 3.73 of Forexbody Money Printer  Expert Advisor Uploaded, More

The main focus of the new version: Put an end to the possibility of the bleeding trade, using additional logic in the new version that will close a bleeding trade on stages ( without ever using conventional stop loss as and option)

You will know when this is ready, We are getting close !

- Close a bleeding trade over hours, days, or weeks, ( and we will provide best settings as usual )

-Preventing a bleeding trade from being joined by another ( that is just the security you need )

-Ability to set maximum number of allowable trades per direction.

-Ability to set individual trade times as per business day ( Forex trading day ) tracing weekly and daily pattern.

-Not a greedy guy? - we will provide minimum risk template now as well. but do not expect minimum risk setting to trade on tiny Forex accounts ( minimum size could be $1000, so you can grow your small account using normal settings template and when equity reaches $1000 simply switch to minimum risk template to have peace of mind )

The graph below shows typical performance ( 60 days Ending on Sept 21 Margin Call ), We are going to make this a milestone in the development of this powerful Expert advisor f

Forexbody Money Printer Version 3.72: to be uploaded on Sunday:

In this release:

-Sunday trading disabled ( you can enable in ea properties if you wish ).

-More frequent trading ( 6 trades a day ) 3 short / 3 long

Can be bactested on your broker data for any period that you have complete broker data for all time frames. Test shows excellent returns with lesser chances of floating trade. must be during recent months.

-Forexbody chat and Forexbody teamviewer fully incorporated to the toolbar software.

-5 click setup for any broker mt4

-Optimized all EA settings and Auto Riskmax is now set to the following schedule:

 

Under $100, Forexbody EA Riskmax = 0.30;
$100 to $300, Forexbody EA Riskmax =0.29
$200 to $300, Forexbody EA Riskmax =0.28
$300 to $400, Forexbody EA Riskmax =0.27
$400 to $500, Forexbody EA Riskmax =0.26
$500 to $600, Forexbody EA Riskmax =0.25
$600 to $700, Forexbody EA Riskmax =0.24
$700 to $800, Forexbody EA Riskmax =0.23
$800 to $900, Forexbody EA Riskmax =0.22
$900 to $1000, Forexbody EA Riskmax =0.21
$1000 to $2000, Forexbody EA Riskmax =0.20
$2000 to $3000, Forexbody EA Riskmax =0.19
$3000 to $4000, Forexbody EA Riskmax =0.19
$4000 to $5000, Forexbody EA Riskmax =0.19
$5000 to $6000, Forexbody EA Riskmax =0.18
$6000 to $10000, Forexbody EA Riskmax =0.18
$10000 to $15000, Forexbody EA Riskmax =0.18
$15000 to $20000, Forexbody EA Riskmax =0.18
$20000 to $30000, Forexbody EA Riskmax =0.17
$30000 to $40000, Forexbody EA Riskmax =0.16
$40000 to $50000, Forexbody EA Riskmax =0.16
$50000 to $60000, Forexbody EA Riskmax =0.15
$60000 to $70000, Forexbody EA Riskmax =0.14
$70000 to $100000, Forexbody EA Riskmax =0.13
$100000 to $150000, Forexbody EA Riskmax =0.12
$150000 to $200000, Forexbody EA Riskmax =0.11
$200000 to $250000, Forexbody EA Riskmax =0.10
$250000 to $300000, Forexbody EA Riskmax =0.09
$300000 to $400000, Forexbody EA Riskmax =0.08
$400000 to $500000, Forexbody EA Riskmax =0.07
Accounts more than $500000, Forexbody EA Riskmax = 0.05

 

Forexbody Money Printer Version 3.70 Uploaded, Now a lesser chance of having that dreadful bleeding trade !

Forexbody Money Printer is now available, one risk level for each broker. We traded last week live on 7k account and the results were stunning ! watch the video of a backtest

Ok it is nearly done, You will have the right settings for your broker from the very moment you install the EA. coming to you soon.

Next Update may just include a fully working mechanism in the EA that will automatically adjust your trading times for at least 30 popular MT4 brokers ( more Mt4 Brokers will be added weekly ). No more manual changes. This will guarantee that your setting are correct. The Update will be included this weekend 8/8/2010

Great News: MT5 version is almost ready and should be included for current subscribers at no extra charge by July 12 /2010 ( This is delayed due inviolability of of many MT5 Brokers )

Great News: Forexbody EA now does 4 trades a day staring July 4th /2010

Great News Forexbody New EA will replace old one in Signal Software and will be included on March 8, 2010 update !

Take a look below and see how this new EA can trade on a very small account !

This is what everyone is waiting for, an ea that does not need big account to trade profitably. Finally here.

Accounts for forward testing has been setup, links to web pages where these reports are updated will be posted here, This time we will use 2 MT4 brokers accounts , each one represent a broker group. Because there are basically 2 major groups based on broker margin policy. Group 1 and Group 2. Margin policy should be a concern when setting Risk Max value.

AlpariUK: This broker is into the habit of disabling demo account so will no longer be used

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