Vision Trading Report

by admin on 05/06/09 at 3:20 am

We started our Vision forward test using 10,000 initial deposit.

Vision EA working almost the same logic as PB or DTS1; which the EA need sufficient margin to sustain a temporary drawdown before the EA repair it’s positions and close all positions with profits.

VISION Build 906 (under development)

I realize that our Vision has correlation problem between EURUSD and USDCHF in Build905.

We also have another disadvantage like volatility and pips value USDCHF is different with EURUSD. So I want create new approach at Vision build 906, I try to minimize the Pyramiding style and add a different trading style. I also add EURCHF to compensate the difference between EURUSD and USDCHF.

VISION Build 905

Broker: IBFX (for testing purposes only) – Risk set to 1.

Friday, June 12 update: Euro still in choppy area and our drawdown still growing up. The problem is USDCHF can’t hedge EURUSD perfectly like our PointBreak EA. I still working with build 906.

Friday, June 5 update: We are so unfortunate with Vision so near to close our positions suddenly EurUsd drop so fast with US NFP report.

We are testing Vision 905 now. We do not implemented cut loss in version 905.
The next release will be Vision 906 which include additional parameter and filter to avoid bad markets and cut-loss false positions.

We use the following settings for our forward account:

  • Positions_Distance=3
  • Multiply_Lot_USDCHF=0.0
  • Take_Profit=10
  • Close_All_When_Profit=FALSE
    (I want to test our new closing procedure using T/P function)
  • Use_Keltner_Channel=FALSE (a little bit aggressive)
  • Risk=1
  • SP_Distance=100

I test Vision EA using Keltner_Channel = false which is an aggressive trade. This cause the ea always enter the market any time and very easy to go into drawdown at sideways market.

But anyway we need to test that EA can solve from bad to worst market conditions :)
I hope the drawdown never exceed -30% before the ea close all positions with profit again.

I receive a suggestions from one of my mailing list that suggest I also add time filter (like filter on trading hours).  I think it’s worth to consider.

In our forward account we use IBFX broker and 5 digit account.
We tested Vision EA behaves differently in the MSP procedure between 4 digits account and 5 digits accounts.
I think it’s because at one same time the indicators produce different values between 4 digits account and 5 digits account.

How to attach Vision EA on your MT4 platform:

1. Open EURUSD chart M30 Period.

2. Find Vision expert advisors at your MT4 platform expert advisors section.

3. Attach Vision EA on EURUSD chart M30 Period only.

4. No need to attach Vision EA on USDCHF chart.
Vision EA will automatically open and manage positions for both pairs (EURUSD and USDCHF).

How Vision can closed our PB/DTS1 positions:

vision

Click the picture above to enlarge it. Take a look how Vision finally closed one of our client’s PB/DTS1 positions that has been locked by IBFX brokers due to new hedging rule. First, on May 28 the EA close several short positions when the EA detect EUR/USD still going up until the short positions is 40% from long positions. Then the EA wait EUR/USD continue going up before the EA close the drawdown with profits (June 2).

Vision Error check:

1. Our Vision new member area (under Get Vision EA) requires NEW PASSWORD.
You need to obtain the password first. Use Forgot Password function.

3. Make sure you upgrade your MT4 platform to the newest version (build 224 and above).

4. After downloaded the Vision installation program, make sure you install it in the correct directory.
After the installation, your Vision EA should be in /expert directory, otherwise your installation is incorrect.
You need to reinstall it.

5. If your Vision still can not work:
- Do not open your MT4 from your desktop.
- Try to open the MT4 from your Windows Explorer until you find MT4 exe file. Then open your MT4 from Window Explorer with Vision attach into its chart.

Next Development

Our current Vision EA is not a final product, in the following weeks we will add more features.

So it’s important to test our first release of Vision EA using demo account first.

Next release of Vision EA will include:

1. Optional Scalping Technique for Vision EA.
We develop our next release of Vision using additional scalping techniques. Click here for more results.

2. Multi Pairs trading.
This is a separate version of Vision which we add additional several pairs (GbpUsd, UsdJpy, AudUsd, UsdCad, ChfJpy, NzdUsd)
in addition to EurUsd and UsdChf.

I will publish our next Vision project trading results in this section, please come back later…. :)

grandvision

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11 Responses to “Vision Trading Report”

  1. Fredrick

    Jun 3rd, 2009

    Hello. Will you release Vision demo version like PointBreak ?

  2. luai husari

    Jun 4th, 2009

    HELLO HOPE IF WE CAN HAVE Vision demo version to test it and this is my phone number if ur interested cause i am interesting 00962799997977

  3. Pelletier

    Jun 8th, 2009

    Halo Mr. Gagahlin. I notice you have 2 version of Vision. When your Vision Pro will be released ?

  4. Andreas

    Jun 11th, 2009

    Seems like your mt4 link to Vision EA is not working so good so I will post my forward test here as well:

    http://visionea.mt4stats.com

    Use_Keltner_Entry=false
    Risk_Setting=2
    End_Trading_Day=5

    Looking on this, I can say that Vision EA doesn’t perform very well. 177 open positions and 17% drawdown….Feels like the long cycles with DTS-1 and PB5.

  5. Samuel Kertajaya

    Jun 12th, 2009

    Hi Lin, when the new upgrade of Vision available ?

  6. admin

    Jun 13th, 2009

    Hi Andreas, yes we understand that our Vision has correlation problem between EURUSD and USDCHF in current version (Build905). Lin is still working with new version and new improvement.

    We suggesting to test using demo account first until we make announcement its ready.

    We also have another disadvantage like volatility and pips value USDCHF is different with EURUSD. This make our Vision can’t workin as good as our Pointbreak EA.

  7. Andreas

    Jun 15th, 2009

    Another thing to consider is the NFA FIFO regulation that is soon to come. This rule will make it impossible to run 2 cycles at the same time because you have to close the first position before you can close the last. But maybe Vision EA shall not be used on NFA regulated brokers?

    I also look forward to see other trading styles actually because I do not understand the advantage in the cycles that are used in PB5, DTS-1 and Vision EA. If cycles shall be used, there need to be a better exit criteria. Its always easy to find a good entry but when is a good exit?

  8. bradley matney

    Jun 25th, 2009

    i need vision ea sent to me. i am unable to get it to work or download from YG’s website. i bought PB5 full version and have rights to vison ea. please help.
    send to me dissasembled so i can just plop it in my expert folder. thanks. i run vista 64 and the setup wont work.

  9. Gagahlin

    Jul 4th, 2009

    Hello Andreas,

    Yes. We considering about this one too. The reason I create Vision is to follow NFA brokers, because if your broker is not an NFA members, you can use PD/DTS.

    We are working with new Vision version. It should be compatible with NFA Brokers:

    http://forexbreakthrough.com/development/vision-pro-new-development/

    Let’s see. I hope they do not change or add another rules again. If not more and more people move to non NFA brokers.

  10. KonstantinMiller

    Jul 6th, 2009

    How soon will you update your blog? I’m interested in reading some more information on this issue.

  11. accurate forex

    Dec 2nd, 2009

    Sounds interesting to me. Is the upgrade ready yet?

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