The third week of the Automated Trading Championship 2007 came to its end. The Top Ten have significantly changed again. Valeri Karpenko (Valvk) from Russia is on the first place now.
Valeri participated successfully in the last-year Championship and
took the 4th place in it. He was only a little down to get into the Top
Three last year. Valeri seems to have set his mind on getting the title
of the Best Expert Advisors' Developer this year. As of the end of the
third week, his result is 24 200 dollars with a fantastic Profit Factor
of 1 359. Valeri's Expert Advisor allowed only one losing trade of 10
dollars during this Championship. A nice result!
The second place was taken by Participant nicked as mmayson
from New Zealand. His Profit Factor is not so impressive as that of the
leader, but it is notable, too: 7.36. The expected payoff exceeds 1 000
dollars, whereas the total result is 23 782 dollars. Well, not a bad
score.
The third place is taken by MiltonWaddams
from Australia. His result is 21 695 dollars. This is a very risky
Expert Advisor - all its positions were opened early this month and are
still open. There are no stop orders. If the market moves in an
unfavorable direction, the Participant may lose everything. Most
probably, Milton's Expert Advisor closes orders according to its own
mechanisms, whereas positions still open are its efforts to "let the
profit grow". Such as there were, we are glad to congratulate Milton on
his third place and wish him further success.
The last-week favorite, Axelforex
from Kyrgyzstan, held his leading positions during practically the
whole week. Considering excellent indications of his Expert Advisor,
many started to consider him to be the main contender for the title of
the Best Expert Advisors' Writer 2007. However, he started to lose much
at the end of the third week and got to only 8th place. The Expert
Advisor's data have drastically changed, and its future does not seem
to be so unambiguous as before. There is nothing else left for us to do
but to watch the results and hope that the Expert Advisor will be
luckier the next 9 weeks.
The summary table of this week is given below:
Read More: http://championship.mql4.com/2007/news/254
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London: 13:47 |
Tokyo: 21:47 |
Sydney: 22:47 |
New York: 08:47
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Recent articles:
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in Automated Trading Championship 2007
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Friday,
07 December 2007,
10:20 GMT
Research
>
Forex - Technical research
Interview with William Boatright (wackena)
The EA works virtually the same on any chart timeframe as utilized timeframes are hard coded in the EA. I find this makes the EA more reliable.
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Tuesday,
04 December 2007,
08:34 GMT
Education
>
Strategies
Reporting the 9th Week of the Championship (26 November-2 December)
9 weeks have passed since the beginning of the contest. The unconditional leaders seem to have already dug in their places, but the fight goes on, so very different Participants may win.
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Monday,
05 November 2007,
11:13 GMT
Education
>
Strategies
Reporting the Championship: Fifth Week (28 October-4 November)
The fifth week of the Automated Trading Championship 2007 is over. This week, like all preceding ones, made some changes in the Top Ten Expert Advisors.
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Friday,
02 November 2007,
06:57 GMT
Research
>
Forex - Technical research
Interview with Matthew Brown (Matmospheric)
Matthew Brown is now among the best ten developers, but he is not very surprised at it. He has presented in the Championship his Expert Advisor that was thoroughly optimized. Matthew thinks that “all EAs, especially the good ones, need to be optimized and updated from time to time.
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Thursday,
01 November 2007,
12:43 GMT
Research
>
Forex - Technical research
Interview with Boris Vilenski (bablokos)
Boris Vilenski
from Israel decided to write an automated trading system based on his
professional experience, though it is far from trading. This system
underlies his competing Expert Advisor. For the EA BablOKoS_EURUSD,
Boris developed his own indicator that produces parameters, based on
which decisions are made.
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Monday,
29 October 2007,
12:43 GMT
Research
>
Forex - Technical research
Reporting the Championship: Fourth Week (22-28 October)
Four weeks have passed since the Championship started. Leaders interchanged all the time. Very different Expert Advisors took the first places.
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in other categories
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Wednesday,
19 November 2008,
04:01 GMT
Research
>
Forex - Fundamental research
Fundamental Outlook
GCI Forex Research
The euro moved marginally lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2570 level and was capped around the $1.2685 level. Traders are closely watching congressional testimony from Federal Reserve Chairman Bernanke and Treasury Secretary Paulson today.
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Tuesday,
18 November 2008,
06:29 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 18, 2008
GMT 06:07
EUR/USD
Today’s support: - 1.2577, 1.2532, 1.2490 and 1.2476(main), where correction is possible. Break would give 1.2453, where correction also may be.
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Monday,
17 November 2008,
08:12 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 17, 2008
GMT 08:03
EUR/USD
Today’s support: - 1.2490 and 1.2476(main), where correction is possible. Break would give 1.2453, where correction also may be. Then follows 1.
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Monday,
17 November 2008,
01:19 GMT
Research
>
Forex - Technical research
Weekly market recap
GCI Forex Research
The euro depreciated vis-à-vis the U.S. dollar last week as the single currency tested bids around the $1.2385 level and was capped around the $1.2925 level. The pair lost about 115 pips last week. The U.
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Sunday,
16 November 2008,
00:56 GMT
Research
>
Forex - Fundamental research
Fundamental Outlook
GCI Forex Research
The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2705 level and was capped around the $1.2825 level. Traders are wondering what news may emerge at this weekend’s Group of Twenty meeting in Washington, D.
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Friday,
14 November 2008,
05:04 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 14, 2008
GMT 04:56
EUR/USD
Today’s support: - 1.2679 and 1.2642(main), where correction is possible. Break would give 1.2624, where correction also may be. Then follows 1.
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