Quantum Gomega AutoTrader

Posts Tagged ‘GOMEGA Xray’

I’ve been running a forwards test on the new Gomega Pound Yen since early last week. And it has been very consistent at picking the market trends on trades it has entered, it was unfortunately exited early when the market backtracked before advancing further. Leaving it in a net gain of $45.76 profit for the 3 days it traded.

Gomega Xray was also trading this currency pair and had been in the trade since the week before. Just now Gomega Xray exited its position in the Pound Yen at a profit of $704.52. Sending the account balance to $7686.72 and an equity balance at $8850.

Click Here for a Gomega GBP JPY and Live Results

Technorati Tags: exiting a trade, gbp jpy, gbpjpy review, gomega pound yen, gomega review, GOMEGA Xray, live rsults, live trading, pound yen

Decided to make a brief video showing Gomega Xray in action. Xray closed the week with a balance of $6980, just slightly off last weeks high. However to just look at the balance is somewhat misleading, as there are many trades that were still open at the close of trading for the week. I believe a more relevant number to look at, is the equity balance, this is currently up to $8059.24. After all, if I were to manually exit all the trades, this would would then be represented in the account balance.

Unfortunately the Metatrader platform doesn’t include the equity balance in it’s chart for the detailed report. Including this along with the account balance, would give a much better profile for the trading performance.

In order to illustrate this point, I decided to plot the equity balance onto the account balance chart. Each red dot represents the current equity balance at the end of each week. The green line is a simple approximation of the equity curve. As the only equity balance data I have, comes from the detailed reports Metatrader has generated and I’ve only been generating those once per week. It would be great if there were a plugin for Metatrader that would log the equity balance at regular intervals and draw a nice graph at the push of a button.

You will notice that the red dots are not evenly spaced, this is because Metatrader plots the horizontal axis on a per closed trade scale, not on a constant time scale. So the distance between the 5th and 6th red dot from the left, is just 1 week. That was the week before last week, which was a very active week for Gomega Xray. It was during that week, that the massive discrepancy between the account balance and equity balance became glaringly obvious. They were for much of the week moving in opposite directions, the account balance was declining yet the equity balance was generally significantly higher. Of course the account balance will see a decline, as several trades are closed if the stop loss is hit, the equity balance includes all open trades, many of which are likely to be closing in on their profit targets. Of course when you have the software trading right in front of you, you can see this effect, first hand. Which is what initially motivated me to make the video.

Click Here for my Gomega GBPJPY Review and Back Tests, Forward Tests and Live Results

Technorati Tags: demo account, equity vs account balance, forward testing, GOMEGA Xray, metatrader, profit targets

XRay to be Re-released For 3 More Days!

Read the full press release here from Quantum Research - GOmega Update Report

"Based on the number of requests we’ve received today after taking the XRay order site offline at midnight last night, we’ve decided to re-deploy the release of Gomega XRay this Tuesday - Thursday.

If you’ve been following us any length of time, you know that we’ve never offered an extension of the release deadline before. But, after discussing this at length with my business partners, here’s why we’ve decided to make an exception in this case:

1. We’ve received dozens of emails today from folks saying that they just found out about the Gomega XRay release but they had no way of calling us over the weekend to get any last minute questions answered (since our staff work only Monday - Friday)…." read more

If you couldn’t order last week, you now have a second chance to pick up the software before it’s only available to high-net investors, hedge fund and money managers.

There’s always a small chance they’ll one day release a lite version that under 10K. Or perhaps the next time it is offered to the general public it will still be in the lower 5 figures. It seems the choice is get Gomega now or be prepared to pay up to $50,000 if it’s ever available again. Given that they offer a full 3 month money back guarantee (see details here) the choice would seem to be obvious.

Technorati Tags: forex trading, GOMEGA Xray, hedge-fund managers, rereleased, trading system

GOmega XRay Almost Closed!

Once GOmega closes, no one knows if or when it will be available again. We do know, if a new & even more powerful version is released to the public, it will cost no less than $10K.

The smart choice would be to purchase Gomega Xray now! You get immediate access to the most powerful, fully automated, hands free, intraday trading system available. You will also be getting in at less than half the future price, with free upgrades to all future versions.

Visit the Official Website Now

Automated, Hands-Free Intraday Trading System

Technorati Tags: automated trading system, expert advisor, forex robot, gomega, gomega review, GOMEGA Xray, intraday trading system, last chance