fxknight

This is another dirty Asian scalper with TP 10 and SL 75. Given the very active asian market during the last year I would stay away from it.

 

Good luck

It is nothing than FAPTurbo in scalping M1 mode one one side and Funyoo's RSI Scalper on the other. It uses by default the RSI Scalper mode which is a decent Asian scalper but can have serious losses like yesterday (Sept-06-2010) when Japan Bank announced news. My recommendation is to use the original RSI scalper and not touch this EA. The developer put some logic checks inside the DLL to try to avoid education but useless. Sorry to the developer for spilling the truth here, but as you know this concept is not yours and you have no right hijacking someone else's work for your own profit. Anybody copying stuff will be found sooner or later.. it is just a matter of time. And sometimes serious consequences will occur.. I hope Funyoo takes some action.

 

Cheers

what? how can you say, show this man? and what a difference what my nickname? ExpetFX, it specifically chose a nickname that would have been easier to find the thieves and distributors of my development. Maybe you want about his, good,, nickname talk? boast about?

 

Don't worry nobody is stealing. It's not worth the effort and time to steal it. Why don't you re-read my earlier post and sink it into your head that with this type of EA you can never win. Do the math. 52 pips SL versus 1-2 pips TP. Even if you get your 2 pips and lose once it will take you 26+1(spreads etc) wins to comeback. Translated further you have to win 98 trades out of 100 just to almost break even (not considering spreads). To win you must be close to a 100 win percent rate which is impossible. Telling people that they can make money with your EA makes you the thief and a liar because you are not only stealing people's money but leading them to lose their hard earned money. We are better off without people like you here.

It is totally useless. Observe the large SL (52 pips) and it goes for 1-2 pip profit only!! At any real broker this EA will not work.. not to speak about the large risk to reward ratio. These people are retarded if they think they can pull a trick like that. Check out the demo trading report here at FPA: http://www.forexpeacearmy.com/all_forex_tests/vip21_k/demo

Stay away from this is my recommendation.

 

Cheers

Hello,

For those of you who trade options (fx, stocks or commodities) or are learning about options here is one of the best tools for Options trading and evaluation (FREE!). It even has free data feed. Also you can find on their website a free Options Strategy Builder tool which is really good.

http://www.samoasky.com/

 

Enjoy and good luck!

Hi,

Does anyone have this course? I found the torrent but they want $60 for the unlock password. Pls share if you have the complete series 1-4. TIA

 

Cheers

Hello,

Has anybody trading options have come across the Volcone 3.0 options analyzer? If so can you tell us about your experience with it and perhaps share it here?

Link: http://www.optionsuniversity.com/Volcone/index.html

 

Cheers

http://www.forexinvest.ee/trader/promo/EUREKA_10/index.html

This EA is risky but at least they have stoplosses for every trade. Would be interesting to test it if someone has it and is willing to share.

 

Cheers

jarora and fxknight, do you guys already have this Ea? would you mind sharing it please if you do.

cheers

 

Neither do I. I took the trades from the developer's backtest. To be honest I hope nobody shares this one since it is a useless EA in my own opinion. I don't think I would even backtest it if it were available. Total waste of time..

 

Cheers

It is still the same old dirty dog ridden with fleas. Take a look at the segment below from their backtest report.. on a $10k account it has a $2800 excursion.. it can and will blow the account at some point. Still Martingdale and very risky without a doubt.

1777 2009.06.02 15:27 sell 763 1.51 1.4280 0.0000 0.0000

1778 2009.06.04 11:58 close 763 1.51 1.4094 0.0000 0.0000 2808.60 32731.94

1779 2009.06.04 11:58 close 762 1.08 1.4094 0.0000 0.0000 1447.20 34179.14

1780 2009.06.04 11:58 close 761 0.77 1.4094 0.0000 0.0000 215.60 34394.74

1781 2009.06.04 11:58 close 760 0.55 1.4094 0.0000 0.0000 -621.50 33773.24

1782 2009.06.04 11:58 close 759 0.39 1.4094 0.0000 0.0000 -705.90 33067.34

1783 2009.06.04 11:58 close 758 0.28 1.4094 0.0000 0.0000 -602.00 32465.34

1784 2009.06.04 11:58 close 757 0.20 1.4094 0.0000 0.0000 -484.00 31981.34

1785 2009.06.04 11:58 close 756 0.14 1.4094 0.0000 0.0000 -376.60 31604.74

1786 2009.06.04 11:58 close 755 0.10 1.4094 0.0000 0.0000 -299.00 31305.74

1787 2009.06.04 11:58 sell stop 764 0.10 1.4070 0.0000 0.0000

I'll let the screenshots do the talking.. non sense in wasting time. You can run the backtest exactly as shown and you will undoubtedly get the same result ;)

 

http://i37.tinypic.com/fd7srr.jpg

 

http://i36.tinypic.com/59y7af.jpg

 

http://i38.tinypic.com/v4qdev.jpg

Mathematically it is impossible to make this profitable with SL=100 and TP=5. No matter what the EA will lose 1 in 10 trades which puts it behind 100 pips and even with 10 winners next @ 5 pips a pop it still will be in the hole 50 pips. I'd use lots of caution on this one.

 

Cheers

MT4 ECN DukasCopy now available

 

Hello,

Just wanted to share this with the forum. Seems that DukasCopy now offers demo and real accounts with MT4. You can check it out get a demo here: http://www.fairtradingtech.com/accounts/demo-account

 

Cheers

Somebody else said it very nicely on this forum.. Don't we have enough Asian scalpers? Looking at the stats on this one it does not hold a candle to MD_XE. Besides with MD_XE you can trade other pairs as well including the EURUSD and EURCHF.

 

Cheers

You must be another idiot Fuckturbo fan to say such a bullshit which you know is not true, the EA performs great and exactly as advertised and confirmed by Stormin_Norman

"btw, my results exactly match yours"

 

I want the crap EA you mention competing with me side by side on a real money account here:

http://www.forexpeacearmy.com/test_lab/all_forex_tests

 

Meanwhile you can shut your f***ing mouth.

 

I am not going to respond to you in the same manner as you because that will put me in the same category as you. If you don't like what you see here in his forum such as sharing illegal stuff etc. then go away. Why are you here to begin with? Has someone been twisting your arm to visit this forum? Most of the russian forum are sharing your EA and educated without the DLL for whatever is worth. All one needs to do is to google your EA ("Primeval") and ".ru" and many links will come up to get it. Not much you can do about that is it? I got it myself, tested it and it made its way to the recycle bin faster than a virus.

This is a pure shitty EA and personally I don't see why people waste time with this Primeval crap. Give this guy his wish not to share it, we are better off without such polluted garbage. Lets focus on other Asian EAs that are actually profitable and consistent. There are many good ones out there one being the Eggzactly's recent Atom EA. It makes EAs like this Primeval look like junk. Just my 2 cents.

 

Best of luck

Skyline was discussed in the PipsReservoir thread almost 4 months ago: http://indo-investasi.com/showthread.php/6120-Forex-PipsReservoir?p=72087&highlight=skyline#post72087

 

It actually looked like a good martingale system. It seems like everyone just ignored my posts and the EA at the time.

 

The fact that it survives the backtests from 1999 it put it in a category above any other EA out there that is based on increasing lotsize (and risk). With few mods I think it can be used for live trading.

 

Cheers

Hi,

Would anybody happen to have a keygen actovator for the NeuroSolutions 6 development platform? It is the best program to develop neural networks and I use V5 but now would like to upgrade. Thanks in advance.

 

Cheers

So are you using it live fxknight?

 

No I am not using it live. Too risky for my taste. If I can decrease the risk I might give it a shot but for now I stick to "one position at a time" EA's with no added risk following losses.

 

Cheers

Its not martingdale per se in the way other martingdale EAs are. EA Martingdale definition is when an EA accumulates positions against an infavorable market. This EA takes larger positions when it has lost - after the losses are closed in an attempt to recover those losses. Big difference.. actually night and day. Strictly from a gambling point of view when it "doubles up" after a loss could be called martingdale. I ran a BT on this EA from 1999 - current and it survived nicely. Give it a shot with the default settings on a $10k account and you will see. The DD I got was 17% for a 60% plus gain.

Its not martigdale.. it is its recovery method. If it loses it increases the lots on the next few trades but does not load up like martingdale. If you run it with large lot size on a small account this will happen. Run it with the default 0.02 lots on a $5k account and you won't have this issue. You can also try TP of 80 instead of 55 as default. Seems to do well with higher TP as the stats become more balanced.

Thanks for the time you took to post this system and the stats along with your comments.

 

 

I have NOT downloaded the EA but just from looking at the stats on the mt4i link i can see big issues with those settings being used.

No matter what you do with a 50SL and 18TP you are destined to fail sooner or later, its like megadriod all over again.

 

Lets just take a random looser from the mt4i link above shall we - 42839313 2010/05/18 16:53:00 Buy 0.20 USDJPY 92.681 92.12 92.87 2010/05/18 22:05:00 92.12 0.00 0.00 - 121.80 - 56.1

 

so -56.1pips is the average stoploss, some are 54 some are 58 lets just go with 54. i can see from looking on the stats, thats a risk:reward or 3:1

 

So if we win 3 trades in a row [ TP is 18-20pips looking at those stats ] then we have bagged 57pips [ we will go with 19TP ] wow nicely done for an EA i will admit.

Then we follow up with a single loosing trade of 56pips and we are back to square one.

Now we take another Loss for whatever reason - we suddenly need 3 winners just to breakeven, this hardly seems prudent and beneficial to me.

 

If the above poster was willing to add MM then i would retract 90% of this comment, but then its not the same EA anymore is it its been modified somewhat.

 

anyway the point is becarefull with bad money managenment robots, they might look ok this month, what about next month and the month after ?

 

and i just noted its only made 81pips in 3 months? those stoplosses sure are hurting those stats

 

 

I fully agree, however it could hurt if you have many losers in a row. This EA has pretty good stats I think as it is and you can always reduce the SL to 2:1 or even 1:1 to see what happens. Not trying to defend this EA but compared to what we see here day in and day out it is a step in the right direction nevertheless. Everybody needs to play with it and tailor it for their custom trading style if they plan to use it live in the future. Its a good start anyway.

 

Cheers

This is a backtest on USDJPY M15 from 01-2009 til current dafault settings. Looks very decent with small draw. Seems to have a "recovery" feature built into its MM which can be improved of course.

 

http://www.forumimagecodes.com/images/0yozq2aozl94erzmqvh.jpg

 

http://www.forumimagecodes.com/images/dlsg45k3ftm2jq88xih.jpg

4shared bans the links pretty quickly this is why I stay away from them. If you have issues downloading let us know and we can put it on slil.ru server.

First this is not my forward test. It is the developer's I believe. Second, of course the tighter the spread the more money you can put in your pocket. However, this EA is not spread sensitive since it is looking for ~12 pips TP on every trade. For a good broker comparison I recommend to look at: http://www.fxintel.com/live/ and choose your broker there. I would stay away from IBFX, FXCM, Forex.com, FXDD etc. the ones with the highest fixed spreads. These are the true retail garbage of this industry and with the many ECN alternatives that are out there now there should be plenty of good choices. I gather that this live report is on Alpari UK. Hope this helps everybody ;)

 

Cheers