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fxknight
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Posts posted by fxknight
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Take a look at the open times on the forward test. Orders are opened from 23:00 - 1:00 and 14:00 - 16:00 GMT so it has a small window of time to trade. Also take a look at this trade:
87395271 2010.04.22 23:40 sell 0.55 usdchf 1.0781 0.0000 0.0000 2010.04.23 02:06 1.0836 0.00 0.00 -1.09 -55 -279.16
It lost about 20X of what it makes as an average which is about $13.00. I still think it is worth to backtest and forward test but to me personally these are 2 big red flags.
Cheers
- redline and radicaltour
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http://stashbox.org/881604/reservoir%20pips%2009-10.gif
a bit sad looking at the end there, once it gets out of optimisation period.
Very true. Can you run ForexSkyline and tell us what you think? Runs on USD/JPY H4 & M15. Here is a forward test on it: http://www.4shared.com/file/i97QMcGL/MetaTrader_-_ForexSkyline.html
Cheers
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All Martingdale EAs.. very risky. Only one good recommendation: stay away from these!
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It's a Martingale, just look at the bigger wins next to a loss trade. The 2nd bigger trade offsets the loss of 1st losing trade..
Looks like that. Good catch!
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i have this for the same guy i hope it can help...
Hi,
Thank you for posting this other version. It is a Martingdale with no regard for risk control. I recommend not even to even bother with it.
Cheers
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Hi,
The attached RAR archive contains the EA and the indicator but they are copy protected and I don't have the pwd since I found this file in another forum. However the live statement and manual are not pwd protected. Looks like a good performing EA - I just hope it is not martingdale.. does not seems so from the report.
If someone can break the RAR pwd or has this EA pls share it so we can test it.
http://www.4shared.com/file/WiVui3lU/JAV66ILN51_BEST_EVER_FX_ROBOT.html
Cheers
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fxknight, how do you use the Cobra EA. The manual is in Russian and after a Google translation I think it needs to be optimized. I do not know how to do that.
Hello,
I did not try the Cobra EA yet. It will take some time to go through all of them carefully. Only one I am familiar with is MD_XE the rest I just shared the list for the group to test.
Good luck
Edit: Here is a screen of Cobra EA trades http://i41.tinypic.com/zvr66f.png
Also latest version: http://www.4shared.com/file/ZV4GF--J/Cobra_11.html
- Astarfleir and satoru4944
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fxknight
You are a good man but why are you nopt sending item I pleaded with you for a long time.
I will fill your mailbox with PM. please send me the Gprofit EA. g for gap. I hope you understand please
favoured111
Hello,
For some reason my PM box is full after the board conversion to the new version. I don't have the Gap_Pr EA, I only have the manual. There is an EA for it out there which is relatively new but I did not get my hands on it yet. This board prohibits GP posts. We will have to hunt for it elsewhere.
Cheers
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I picked this file on a different forum and brought it here for our community. Enjoy and please share your results.. lots of really good stuff here!!
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Currency MeterV5
New PBX to work on the forex market, contains a multi-indicator + expert
Platform: MT4
Manual: Yes
File: 9 MB
http://depositfiles.com/es/files/6e60ktbsy
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StrongCash!
Interested in forex exchange and you are not a professional trader? Want to earn money for full booth? This may help to my really profitable and stable automatic - Advisor StrongCash!
In little more than a year StrongCash deposit increased almost 7 times! Here are the results of testing counselor with a deposit of $ 1000.
Pair: EUR / USD, USD / JPY
Timeframe: M1, M30, H1
http://depositfiles.com/es/files/ubbggcl50
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Expert Advisor
Expert Advisor - this is all you need to trade Forex! Advisor runs on three currency parah.Ispolzuya aggressive strategy Expert Advisor increased depot $ 350 to 7000 bucks for 2 months? On the conservative strategy Expert Advisor - no problem doubles depot for a period of one to two months. Iron logic adviser is not subject to influence and change the market!
Pair: EUR / CHF, EUR / GBP, GBP / CHF
Timeframe: M15
http://depositfiles.com/es/files/lvozdd7zo
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Gold Shark
The advantage of this advisor is to complete the analysis of the current state of the market and make informed decisions on diversification of open pozitsiy.Sistema based on an exclusive algorithm using indicators that are included in the archive, which results in maximum profits.
With EA "Gold Shark" © 4, you'll have no special skills and special efforts in the proper setting to increase their capital. Advisor is designed for people who value their money and vremya.Sovetnik configured to trade: from conservative to highly risky.
In the archive:
1.Sovetnik
2.indyuki (3 pcs.)
3.manual in Russian
http://depositfiles.com/es/files/elmhhgymf
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Double Ilan
Advisor to the revised order for the narrow circle of traders who know the price of time. An algorithm for trading on the basis of the best of 5 and Ilan Ilan 6. The author asks for the source $ 157, but for you a unique opportunity, absolutely free!
Plus gift - "Error Codes" Well, a very useful ingredient ...
Terminal: MT
Medicine: do not need
Currency Pair: GBD \ USD. EUR \ USD
Time-frame: 5m, 15m
Size: 2.4 MB
http://depositfiles.com/es/files/b17ticoca
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Cobra v1.0
I present you the best robot to work on forex? He only knows how to make money and do not know what a loss! Become richer now much easier! The most reliable companion of your deposit. Fully automated trading with accompaniment lot from opening until closing. A robot that can work and earn money when it suits you! Did not you are looking for? Algorithm underlying the adviser, completely excludes the possibility of capital losses. Strategy discovery orders like the movement of the cobra is selling at highs and buying at the lows. A moment of entry into the market - the moment of attack cobra. Many traders around the world have successfully used this strategy profitable. Now it is available to you! You can use it on any pair. He does not care where to earn! He is not afraid of subsidence, lack of communication or requotes! He was just doing his job! Even it does not matter whether the market trend, or is a long Flete ... he adapted to it! So says producer ...
http://depositfiles.com/es/files/mxe6ej94q
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AeronForexAutoTrader
Councilor AeronForexAutoTrader d3.03 - it's a great robot for forex trading.
http://depositfiles.com/es/files/n1ne48v2l
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VISION
Councilor VISION - this trading robot is able to see and foresee the situation to change in the price movements before.
Size: 4.5 MB
http://depositfiles.com/es/files/5j6sp04r0
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PROFITDAY PRO v. 2009
This unique trading system is designed for those who are tired to search the Internet in search of real trading systems, which would bring about any real profit.
Platform: NT
Ingredients: System of indicators + pattern + advisor + instruction
Size: 4.5 MB
http://depositfiles.com/es/files/o1iatxsnf
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Exp-BaracudaBands-v48
I spread the expert with the site http://expforex.at.ua trades mainly best for EUR \ CHF 30M, but can be configured separately and other exotic pairs.
PSV archive version 48 is fully working and no restrictions!
Terminal: MT
Medicine: disinfected
Manual: yes, in Russian
Size: 4.3MB
http://depositfiles.com/es/files/8rftnjnvb
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Megadroid_Pro_XE_v1.2
I spread all the famous and sensational adviser specifically for visitors to the site!
PSV this version Adviser fully weaned from the DLL.
Terminal: MT
Medicine: disinfected
Manual: yes, en
Size: 6.3 MB
- pray624, fx4a, ⭐ Kardel Sharpeye and 13 others
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fxnight,
No problem, can you tell me any what Russian forums do you look at? I currently looked at some websites which sell Russian EAs and systems (not all of them are genuine but none the less) and some look pretty good. I think in Russia forex is more evolved and popular than in US so would be interesting to see any good forums and EAs.
Hello,
I would not want to advertise another forum while a member of this wonderful community since they can use all the traffic they get for advertising and cover hosting costs. I am sure if you google forex russian forum you will come up with few popular ones. Thanks again.
Cheers
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Ok, this file is password locked. If you click on the right lower corner button it means "unpack or unzip" (it is zipped file of some sort). Then from first drop down menu you need to choose country, after that your mobile carrier and need to send text message something like "RRR 931320293" or maybe just the number alone to 97605. I guess after that you receive a password and then can unzip the file. So for now without the password or without being unpacked first install file is no use.
Hello,
Thank you for looking into this. I did not know that a password was needed. I guess one of the buyers posted it without password. I wonder if a SMS is sent to the number in question if the password will be sent back. I will monitor the russian forum for the password which I am sure will pop up very soon and post it here when I get it unless someone beats me to it.
Cheers
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Hi,
Please check the posting at: http://ratesniper.ru/auction_details.php?auction_id=102384
This is a russian EA called "Expert" (how creative!) which looks decent in backtest barring the large 50% DD which is not as indicative from looking at the equity curve.
I have found the Expert EA install that was posted on a russian forum but have no idea how to extract the ex4 since the setup exe is in russian. Can one of the russian speakers extract the manual and the ex4 and post it here? All the files are inside the Expert.exe install.
Download: http://www.4shared.com/file/00bS8ael/Expert.html
Cheers
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Please post your comments.
Cheers
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Looks "too good to be true"... almost.
I suppose myfxbook can be faked - but only if the broker is part of the scam.
Interesting results indeed.
No need to fake this. It is a Martingdale based concept bound to blow the accounts very soon. He was lucky that it held for as long as it did but I see some accounts already stopped which means trouble.
Cheers
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So, fxknight, tell me then, do you label an EA "scam" just because it is unprofitable?
All I said was that in my opinion, iticsoftware are not scammers - whether they have made any profitable EA's is another story altogether...
I highly respect your opinions and statements here, but please don't twist what I say or write;-)
Cheers mate!
Bratt
Point is if a vendor advertises a product with good backtests, forward tests etc. and after the client buys it the product does not work as advertised (at least the backtests), the vendor could be labeled as a scam. But this definition is very broad since in the vendors defense they can say that the backtests/forward tests were run under different conditions (diff settings, diff data etc.). Coming back to the comment at hand here, I personally have never seen anything good coming out of iticsoftware regardless of the claims they make. Spammers or not? Its definitely debatable..
Cheers
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I wouldn't say they are scam exactly.
Some tools and indicators they have work well such as their trade copiers and indicators for volume and more.
Of course this new EA needs testing to prove it's worth or lack thereof, but I can think of many other vendors who should be labeled as scammers before iticsoftware.
Agreed that there are a lot of crooked vendors out there but please name one piece of software (EA) that iticsoftware has developed that was even able to break even - I don't know of any.
Cheers
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Hi,
I have few EAs and Indicators leftover from Metatrader 3 and I'd like to convert them to mql4. Does anyone have a beta version of the MQL2MQL4 conversion tool that does not require a registration key to work?
Thank you so much in advance.
Cheers
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Re: req:robover
Does any one have this robot [email protected]replace @with o
Its martingdale. Follow the trades carefully in the forward test that he shows.
Cheers
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Re: [REQ] TurboRobot
No education yet... :-/Not yet.. I am waiting for the russian hackers to port to DLL into MQL4. Hopefully very soon.
Cheers
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Re: Xbars MA Scalper of tradingsystemforex.com
Once you backtest this EA you will notice the large drawdown it suffers to the extent of ~-20% or higher depending on which broker data you use. It is a steady performer but you must keep in mind the draw that it might get into.
Cheers
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Re: (REQ) TFR Scalper
I do not have any experience with the actual ea but I do have experience with Cindy who offers this product. She is pretty trustworthy and she's all about no bs. I'm actually going to invest on this one cause I really do believe this ea can produce some results. When I decide to make the leap I will repost what I think.Be very careful with this EA since it does martingdale. It looks good when the market stays in a tight range but when it starts to trend, it will put a big hole in the account.
Cheers
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Re: [REQ] TurboRobot
Thank you for posting it. Standby.. we will educate shortly and post it when ready ;)
Cheers
Forex PipsReservoir
in MetaTrader Expert Advisors
Posted
I did the BT from 2001 til now and found it to be the best "high risk" EA in a while. The way it works is that after a loss it loads up and tries to make the loss back. Once or twice on the BT since 2001 (M15) I noticed a spike almost to zero but of course it recovered. What's scary is that I changed the lotsize to 0.01 so to have that kind of unrealized draw trading 0.01 lots is ludicrous. Thas's why despite its promise I think this EA is a dud.
Cheers