pcguy007 Posted August 21, 2010 Report Share Posted August 21, 2010 Has anyone seen this EA or used it? I'm not sure if they are even selling it. hxxp://forexaf159.blogspot.com/2010/08/af159-abuziad-fx-scalper-expert-advisor.html Quote Link to comment Share on other sites More sharing options...
Abdulisback Posted August 21, 2010 Report Share Posted August 21, 2010 Has anyone seen this EA or used it? I'm not sure if they are even selling it. hxxp://forexaf159.blogspot.com/2010/08/af159-abuziad-fx-scalper-expert-advisor.html what is so interesting about it? The reason why they only showed a backtest for 50 days is because it probably blow up in the period before that Quote Link to comment Share on other sites More sharing options...
Abdulisback Posted August 21, 2010 Report Share Posted August 21, 2010 Oh Man! Its a Grid counter trend EA strategy, made over 150 trades in 50 days!! No wonder why they're not showing that much of a backtest, its an account blower! Quote Link to comment Share on other sites More sharing options...
pcguy007 Posted August 21, 2010 Author Report Share Posted August 21, 2010 ya and i just found out he wants $450 for it and won't provide any more details to a live broker account Quote Link to comment Share on other sites More sharing options...
hatchsead Posted August 21, 2010 Report Share Posted August 21, 2010 ya and i just found out he wants $450 for it and won't provide any more details to a live broker account Thats a big red flag! Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted August 21, 2010 Report Share Posted August 21, 2010 using that indicator it probably takes FOREVER to backtest too. Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
Abdulisback Posted August 21, 2010 Report Share Posted August 21, 2010 what indicator? you mean the camarilla levels on his charts? His EA buys from the lower levels and sells from the higher levels taken based on the one minute chart, which makes these levels much weaker than the ones generated from higher timeframes. And since he does not use ANY reversal indicator (I know that just from watching his videos) if the price shoots up without reversing from the upper levels for example, his account will be wiped out My "Jamal" EA is based on levels that are more powerful than these. it does a good job when manually tested on the charts during a consilidation market. I could not find a good reversal indicator, but I do have a good indicator which signals a high probability of a breakout, if someone could point me out to a reversal indicator to add into my EA strategy, and add that breakout indicator to restrict the EA from trading during the breakout signals... my EA should see a lot of success and consistancy. I have tried RSI and MACD which are supposed to be good reversal indicators, but they sucked when the strategy was coded based on their reversal signals. Trading on powerful Resistance/Support levels alone will wipe out the account once the currency pair shoots up or down without reversing. So adding a good indicator to filter out the trades is a must. Please don't ask to share my EA Quote Link to comment Share on other sites More sharing options...
af159 Posted August 29, 2011 Report Share Posted August 29, 2011 hello ..... You can watch the results From here http://www.myfxbook.com/members/abuo_ziad Or from here https://www.ibfxconnect.com/profile/af159/stats https://www.ibfxconnect.com/profile/af159_1/stats https://www.ibfxconnect.com/profile/af159_2/stats https://www.ibfxconnect.com/profile/af159_3/stats But it is not On sale now Because it does not have a reason to sell it after it became Has more of a personal account I am so sorry for this intervention Quote Link to comment Share on other sites More sharing options...
af159 Posted August 29, 2011 Report Share Posted August 29, 2011 Has anyone seen this EA or used it? I'm not sure if they are even selling it. hxxp://forexaf159.blogspot.com/2010/08/af159-abuziad-fx-scalper-expert-advisor.html what is so interesting about it? The reason why they only showed a backtest for 50 days is because it probably blow up in the period before that Oh Man! Its a Grid counter trend EA strategy, made over 150 trades in 50 days!! No wonder why they're not showing that much of a backtest, its an account blower! ya and i just found out he wants $450 for it and won't provide any more details to a live broker account Thats a big red flag! using that indicator it probably takes FOREVER to backtest too. what indicator? you mean the camarilla levels on his charts? His EA buys from the lower levels and sells from the higher levels taken based on the one minute chart, which makes these levels much weaker than the ones generated from higher timeframes. And since he does not use ANY reversal indicator (I know that just from watching his videos) if the price shoots up without reversing from the upper levels for example, his account will be wiped out My "Jamal" EA is based on levels that are more powerful than these. it does a good job when manually tested on the charts during a consilidation market. I could not find a good reversal indicator, but I do have a good indicator which signals a high probability of a breakout, if someone could point me out to a reversal indicator to add into my EA strategy, and add that breakout indicator to restrict the EA from trading during the breakout signals... my EA should see a lot of success and consistancy. I have tried RSI and MACD which are supposed to be good reversal indicators, but they sucked when the strategy was coded based on their reversal signals. Trading on powerful Resistance/Support levels alone will wipe out the account once the currency pair shoots up or down without reversing. So adding a good indicator to filter out the trades is a must. Please don't ask to share my EA =)) =)) =)) You can watch the results From here http://www.myfxbook.com/members/abuo_ziad Or from here https://www.ibfxconnect.com/profile/af159/stats https://www.ibfxconnect.com/profile/af159_1/stats https://www.ibfxconnect.com/profile/af159_2/stats https://www.ibfxconnect.com/profile/af159_3/stats But it is not On sale now Because it does not have a reason to sell it after it became Has more of a personal account I am so sorry for this intervention Quote Link to comment Share on other sites More sharing options...
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