Sunday 29 May 2011

Real Time Demo - Week 9 (23 May 2011 - 27 May 2011)

Week 9 Performance:

42 Wins, 0 Loss, 0.84% 

Overall Performance:
504 Wins, 0 Loss, 1.12% per week



 *This unedited image shows how the usage Metro Gold EA Version 2.0 has simplified the system and has made the account fully automated with no need for human supervision.

Real Time Demo - Week 8 (16 May 2011 - 20 May 2011)

Week 8 Performance:

66 Wins, 0 Loss, 1.32% 

Overall Performance:
462 Wins, 0 Loss, 1.16% per week


 *The weekend of 13-15 May 2011 was spent creating a new and improved version of the Metro Gold EA. The Metro Gold EA Version 2.0 is a much simpler and sharper version of its predecessor, with a different approach to the algorithm, and a fail-safe mechanism in case of a dropped connection. The EA was tested for bugs and on 17th May 2011, replaced its predecessor in this real time demo account, effectively making the demo fully automated with virtually no need for human supervision.

Real Time Demo - Week 7 (9 May 2011 - 13 May 2011)

Week 7 Performance:
105 Wins, 0 Loss, 2.10%


Overall Performance:
396 Wins, 0 Loss, 1.13% per week

 *This image has been edited to remove some of the cancelled trades caused by bugs in the initial Metro Gold EA. On 9th May 2011, Metro Gold Version 1 was debugged for the final time, but the EA kept producing and cancelling orders. with a large number of trades being executed everyday, it was becoming more and more evident that a new and improved version of the EA needed to be coded.

Real Time Demo - Week 6 (2 May 2011 - 6 May 2011)

Week 6 Performance:

171 Wins, 0 Loss, 3.42% 

Overall Performance:
291 Wins, 0 Loss, 0.97% per week



 *This image has been edited to remove some of the cancelled trades caused by bugs in the initial Metro Gold EA.

Real Time Demo - Week 5 (25 April 2011 - 29 April 2011)

Week 5 Performance:

21 Wins, 0 Loss, 0.42%

Overall Performance:
120 Wins, 0 Loss, 0.48% per week

 *This image has been edited to remove a few cancelled trades caused by bugs in the initial Metro Gold EA.

Real Time Demo - Week 4 (18 April 2011 - 22 April 2011)

Week 4 Performance:

4 Wins, 0 Loss, 0.08% 
EA Stopped Trading on 18 April 2011, Safety Mechanism Triggered.

Overall Performance:
99 Wins, 0 Loss, 0.50% per week

 

Real Time Demo - Week 3 (11 April 2011 - 15 April 2011)

Week 3 Performance:

38 Wins, 0 Loss, 0.76% 
EA Stopped Trading on 14 April 2011, Safety Mechanism Triggered.

Overall Performance:
95 Wins, 0 Loss, 0.63% per week

 *This image has been edited to remove the hundreds of cancelled trades caused by bugs in the initial Metro Gold EA.

Real Time Demo - Week 2 (4 April 2011 - 8 April 2011)

Week 2 Performance:

14 Wins, 0 Loss, 0.28% 
EA Stopped Trading on 5 April 2011, Safety Mechanism Triggered.

Overall Performance:
57 Wins, 0 Loss, 0.57% per week

 *This image has been edited to remove the hundreds of cancelled trades caused by bugs in the initial Metro Gold EA.

Real Time Demo - Week 1 (28 March 2011 - 1 April 2011)

On 27th March 2011, I started a demo account using the fully automated Metro Gold EA.
The initial deposit was US$ 1,000,000.00, leverage used was 1:100.


*This image has been edited to remove the hundreds of cancelled trades caused by bugs in the initial Metro Gold EA.


Week 1 Performance:
43 Wins, 0 Loss, 0.86%

Overall Performance:
43 Wins, 0 Loss, 0.86% per week

Saturday 28 May 2011

70 Weeks Back Test

The following shows the summary results of a 70 Weeks Back Test Based on Historical Data of Gold From (2009.12.05 - 2011.04.09):


*The detailed report is too long to upload here, but I'll be happy to mail it to anyone who wants to view it.

Fully Automated Zero Loss Low Yield Long Term Halal Investment Plan

Before I go into further detail about the results and returns, I would like to explain the term "Fully Automated Zero Loss Low Yield Long Term Halal Investment Plan"

Fully Automated
A Fully Automated System is a system that does not require any human interference whatsoever, and can execute trades based on predefined and preprogrammed algorithms. This algorithm, called an Expert Adviser (EA), is ideal in a sense that trades are opened and closed based on predefined calculations from actual market conditions, and not influenced by human emotions.

Zero Loss
In all the tests run on the system so far, be it Back Tests based on Historical data, or the Real Time Demo Account, The Metro Gold System has never produced a single loss trade. The only loss incurred is through swaps, which can be avoided through Swap-free Islamic Accounts. This is very rare, especially for a fully automated system.

Low Yield
While the system is more than capable of generating a high percentage of income, this would increase the risk. In order to keep the risk at a minimum, the system has been integrated with a complex money-management formula that makes sure your investment is secure, and at the same time, yields a minimum 0.5% per week and an average of 1.0% per week. This might be lower than most High Yield Investment Plans, but higher than most mutual funds and fixed deposits.

Long Term
The Metro Gold system ideally doubles your initial deposit in 100 weeks, which is a just under 2 years. It is advisable for investors to withdraw half of their weekly earnings every week. This is consistent with the aim of the project to provide a continuous passive income for investors.


Halal Investment Plan
The format of the PAMM enables a predetermined profit sharing which is in accordance with Islamic law that forbids fixed percentages of interest. The system earns based on real time market situations, which may vary from week to week, despite maintaining a healthy minimum income. There is also an embedded safety mechanism that prevents the system from opening trades too close to the peak or all time high, when the risk is too high to trade.

What is a PAMM?
The Percent Allocation Management Module (PAMM) is a technical solution provided by brokers and allowing clients to have their accounts managed by a trader appointed by them on the basis of a limited trading power of attorney. PAMM solution allows the trader on one trading platform to manage simultaneously unlimited quantity of managed accounts. Depending on the size of the deposit each managed account has its own ratio in PAMM. Trader's activity results (trades, profit and loss) are allocated between managed accounts according to the ratio. The Metro Gold PAMM agreement is a 75%-25% partnership, where the trader earns 25% of the earnings upon withdrawal.



MetroGold PAMM

This blog was started to serve as a journal for the Metro Gold PAMM system, which is a system I developed myself after doing a lot of research and experimentation in the past 6 months. After numerous attempts at both real-time and back tests, I am now confident that the Metro Gold system is the world's first Fully Automated Zero Loss Low Yield Long Term Halal Investment Plan.
 
To prove this, I will be posting weekly reports of my demo account on InstaForex.com, which was started 9 weeks ago.

The Metro Gold system generates a minimum weekly income of 0.5% and an average of 1.0% weekly, with a minimum investment of US$10,000.00.

As I am an unemployed civil engineer who has not been working for the past 9 months, raising that kind of capital is next to impossible. After a lot of soul searching and advise from a friend, I decided to start a PAMM account on InstaForex.com.

Through this PAMM account, I intend to attract at least five individual investors, or five co-operative groups of investors, each with an initial investment of  US$10,000.00, before I commence trading on the PAMM account. The first cycle is scheduled to start on Monday, 1st August 2011.

God willing, these five investors should be able to double their investment within 3 years.

This blog will show the weekly results of real-time demo account as well as back test results, and also try to answer any and all queries regarding the system.