Announcement

Collapse
No announcement yet.

EVO Signal

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Pie
    replied
    some information here as well

    http://www.donnaforex.com/forum/inde...;topicseen#new

    Leave a comment:


  • BMM
    replied
    Hi guys,

    I suggest you all to read this short thread where you could find some useful info , especially about the DD in the last pages...

    http://www.donnaforex.com/forum/index.php?topic=13362.0

    I hope it coud help

    Leave a comment:


  • s.bucher
    replied
    the description states that all trades are cut at 6% drawdown yet the myfxbook account shows 52% drawdown.....?

    Leave a comment:


  • CIG
    replied
    Hello Nick,

    I'm glad you like the website.

    We are still making improvements on it here and there.


    Regarding something else to show you: In a week or two we will have backtests run on 99.9% tick data (using real world spreads) to give investors a little more insight on what to expect from EVO.

    I can also say we have been trading this short of technology for a while on an account with IC Markets that currently has about 40,000 USD: http://www.fxblue.com/users/cig-1
    As you can see there are some wining months and some losing months. Overall about 3% returns per month after 3 months of trading. This account (CIG-1 account) doesn't have a strict drawdown limit like EVO uses, but it should give you a ballpark idea of what to expect.

    To sum things up a bit, we are range traders and do our best to keep away from heavy trends. When we get it right, we make about 5% per month (using risk 1.0). When we get it wrong we end up at break even or negative for the month.

    Hopefully EVO will end up being a valued member of this community along side the other great traders here at Forexsignals!


    regards,

    Robert
    Last edited by CIG; 10-09-2014, 04:13 PM.

    Leave a comment:


  • Nick
    replied
    Originally posted by CIG View Post
    Hello,

    I was invited to this thread to introduce our signal service.

    Here is a brief description about EVO:

    Evo Signal was designed to generate profits while the market is oscillating in a range. We trade up to 12 crosses depending on trading conditions. We have a full time staff of traders monitoring our strategy 24 hours a day to insure Evo is functioning at the highest level. One of the key points of our strategy is risk management. Evo uses a risk management software that automatically closes all open positions if the floating drawdown exceeds 6%. This safety feature prevents Evo from having long drawn out periods of floating losses that can result in high drawdown for your trading account. We much prefer to cut our losses early than let negative positions get out of hand, which is a bad habit many trader and fund managers have. Our stringent risk management is evident in our performance record. As you can see, Evo has maintained a very low floating drawdown and manages to earn steady returns without the stress usually associated with forex trading.

    If you are planning on subscribing to our signal, the minimum required to trade with a risk of 3.0 is $70 using a cent account or $7,000 using a standard (100,000 contract size) broker.




    Here are some additional points regarding account risk/recommended starting capital:

    You need $20,000 (using a standard contract size or $200 using a cent account) to run EVO with risk 1.0

    If you run EVO with $10,000 with risk 1.0, you will be under-capitalized by 50%, which means you will be using double the risk and have double the profits.

    For all intents and purposes, running risk 2.0 at $10,000 is the same as running risk 1.0 at $10,000 because the smallest trade we can place (0.01 lots) will be the limiting factor.

    We do not recommend exceeding a risk of 5.0 (risk 5.0 equates to a 30% loss every time we have a stop-loss vs 6% using risk 1.0)




    We recommend using Evo with any broker that has acceptable spreads. If you have any questions regarding broker compatibility, feel free to ask. Almost any broker is suitable assuming they allow micro lots, hedging and 50:1 leverage or higher.


    regards,

    Team EVO
    Welcome to the site Evo,

    The strategy sounds interesting. I can also see that you've put a lot of effort into creating a modern, sexy site.

    The length of history is obviously a concern at this early stage with just 1 week to consider. Do you have anything else that you can show us?

    Leave a comment:


  • CIG
    replied
    That is correct. EVO is an "evolved" version of our strategy that is designed around capital preservation and risk management. We should be able to generate 4-5% returns per month, while only risking 6% of our trading capital when using risk 1.0.

    Leave a comment:


  • reQuorter
    replied
    Originally posted by Art_1 View Post
    Hi,

    Do you have anything in common with SiamFX signal? (siamfx.net)

    BR
    Art
    Team EVO is also responsible for Envy EA (they created that) which is quite popular but from what I know EVO signal is totally different from Envy EA.

    Leave a comment:


  • CIG
    replied
    Hello,

    No we do not have anything in common with SiamFX.

    regards,

    Team EVO

    Leave a comment:


  • Art_1
    replied
    Hi,

    Do you have anything in common with SiamFX signal? (siamfx.net)

    BR
    Art

    Leave a comment:


  • CIG
    replied
    You can follow our performance here: http://www.myfxbook.com/members/EvoS...signal/1024479

    website: www.evosignal.com

    Simple Trader page: www.simpletrader.net/signal/2679/signal.html

    Leave a comment:


  • CIG
    started a topic EVO Signal

    EVO Signal

    Hello,

    I was invited to this thread to introduce our signal service.

    Here is a brief description about EVO:

    Evo Signal was designed to generate profits while the market is oscillating in a range. We trade up to 12 crosses depending on trading conditions. We have a full time staff of traders monitoring our strategy 24 hours a day to insure Evo is functioning at the highest level. One of the key points of our strategy is risk management. Evo uses a risk management software that automatically closes all open positions if the floating drawdown exceeds 6%. This safety feature prevents Evo from having long drawn out periods of floating losses that can result in high drawdown for your trading account. We much prefer to cut our losses early than let negative positions get out of hand, which is a bad habit many trader and fund managers have. Our stringent risk management is evident in our performance record. As you can see, Evo has maintained a very low floating drawdown and manages to earn steady returns without the stress usually associated with forex trading.

    If you are planning on subscribing to our signal, the minimum required to trade with a risk of 3.0 is $70 using a cent account or $7,000 using a standard (100,000 contract size) broker.




    Here are some additional points regarding account risk/recommended starting capital:

    You need $20,000 (using a standard contract size or $200 using a cent account) to run EVO with risk 1.0

    If you run EVO with $10,000 with risk 1.0, you will be under-capitalized by 50%, which means you will be using double the risk and have double the profits.

    For all intents and purposes, running risk 2.0 at $10,000 is the same as running risk 1.0 at $10,000 because the smallest trade we can place (0.01 lots) will be the limiting factor.

    We do not recommend exceeding a risk of 5.0 (risk 5.0 equates to a 30% loss every time we have a stop-loss vs 6% using risk 1.0)




    We recommend using Evo with any broker that has acceptable spreads. If you have any questions regarding broker compatibility, feel free to ask. Almost any broker is suitable assuming they allow micro lots, hedging and 50:1 leverage or higher.


    regards,

    Team EVO
Working...
X