fxknight
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Posts posted by fxknight
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There was another guy here not too long ago that was peddling the same news trader standalone software for like $3000. He showed the same thing.. demo fills, no track record, seminars etc. and most people realized it was a scam since in reality you could never get the performance he showed on a real account. "Same wine, new label here?"
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hello Fxnight
I am not the manufacturer's ea and not in favor of selling share ...
I only USED this expert
I tested in 2days and works in Real account with positive performance !
But if I'm trust that the ea that does more than a month profit ... please see my statement ..
https://www.myfxbook.com/members/kami190/wallstreet-385/119476
Broker : alpari
wallstreet + mdp ( 30/6-1/7/2011 )
If you notice MDP keeps trades < 1m and trades only the EURUSD. There are only few trades that fit this profile on your real report while the MDP developer shows many trades during this time on his demo. A lot more. I am not saying that wallstreet is not a decent EA. But it is because WS not MDP that your account is in profit IMHO.
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It is amazing to me how many people get sucked into these scam EAs and waste minute after minute, hour after hour and days after days on this useless ****. It has been stated not only by myself but by many others that this EA cannot make money on a live account. Why do you think the developer (yes THE DEVELOPER) does not have a real account statement to show? Because its impossible to show profitability with this EA on a live account. For those still interested in this EA you might as well look at Dominic's menus as well. FXGenius, FXiRobot, 4XGreed and the other knockoffs. They fall in the same category as this EA does with the exception that Dominic at least found few real brokers and showed real results with his EAs after which it was concluded that he had arrangements with those brokers to fake the results. The MDP developer is obviously shooting turds out of his butt trying to make this EA into something useful but looking at the progression from 1.01 to 1.1.4 he seems to fall further into the hole. Same concept of BBands extreme breakouts was put into v 1.1.4 but with many different tunes to the same music. Safe Mode, High Speed Mode, Channels with different settings. The result is the same.. actually worse as the EA advances in versions.
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Can someone upload the MT4 API please? It was available in 2008-2009 from
http://www.itevolution.com.br/tz/files/TZMT4API.zip
But the link to download it is dead. Archive name is TZMT4API.zip, Maybe a member of II has it somewhere on their hard drive. Also here is the link to the discussion forum about the MT4 API.
Thank you in advance for this useful tool.
Cheers
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Just some martingdale crazy shiiit!
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This EA was just released a week ago and I am just bringing it to everyone's attention. Vendor URL:
hxxp://www.fusionforexrobot.c0m/
forward demo:
hxxp://www.myfxbook.c0m/members/fusionforexrobot/fusionforexrobot-real/103953
Too early to tell how it will do. Looks decent in winning trades in a heavy trend. But how will it do in a sideways moving market? Lets wait and see. If someone has it already pls share with us.
Cheers
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Let's pour some gasoline on the pants and closely light a match its the equivalent of trading this EA. The result in the end can only have one outcome..
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Another craappy risky EA. Adds increasing lotsize positions against the market and 'hopes' that the market will go in its favor to close those positions. VIP only to blow accounts not much else.
Cheers
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It total BS. Look at the order lotsize. 0.10, 0.20, 0.40, 0.80 etc. Martingdale avenue and pretty soon it will get blown out if it hasn't already by the time you are reading this. Let this guy blow his own account up in the middle of New Delphi square! Don't buy this craapp!
Cheers
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Has 250 pip initial SL. It is lucky so far with the few days it has been trading not to get hit at full SL. But it is just a matter of time. You can check report here: http://www.metaproforex.com/ It may be worth evaluating though for possible improvements.
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Another drunken crazy developer that has no concept of risk management. Probably wrote this EA before falling down the stool in some dark russian tavern after 30 straight vodka shots.
Check this out:
2287 2010.06.01 16:31 s/l 421 1.19 1.23401 1.23401 1.23523 92.82 6259.58 (regular trade)
2293 2010.06.02 14:57 s/l 426 1.25 1.21765 1.21765 1.22910 -1181.25 5078.33 (stopped out trade)
Not to mention the > 25% on all the EAs there. Stay away sounds like a good piece of advise.
Cheers
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Pure gambling EA. Draw on BT is > 80%. Keeps adding positions and increases the lotsize like crazy to get out of trouble with no regard for risk control. It is the russian Molotov cocktail for an account.
Cheers
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To follow up on my last post here is the xtreme version trading a demo at AlpariUK.
http://i51.tinypic.com/qx49oh.jpg
I am trading it with default settings except custom SL/TP. Experiment with whatever SL/TP settings you like. You can also try FXPrimus ECN feed where it seems to work better than AlpariUK. One thing is for sure. The statement that the developer shows on his website is bogus. The EA will never trade at that frequency of trades so he must have used a different version. Nevertheless it is a good concept that takes into account all major pairs when issuing signals. He probably posted the bogus report to market his EA and get a lot of people to buy it. Please post your results and experience with it. Best of luck!
cheers
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This is the last time I will be responding on this thread because I don't take well to hostile attitude and "know it all" self-proclaimed mr. johnnyrich guru. What you typed is already known as the basics as how to trade forex with good MM. First of all this is one day trading. It means nothing. Even if the EA was ahead $1M it would mean nothing as well. You judge the performance long term not just few days. I never said that the SL was perfectly set. I could lower it to 10 pips and do really well with this EA the way its traded. However I wanted to experiment with it to see how it does. I am not here to defend the EA or show how great it trades. I am here because I want to evaluate it as part of the group to see if it is worthwhile pursuing. Not giving it a chance without any solid proof its not advised either. OK so the entries are good, the MM (SL) is bad.. does it make it a bad EA? Not at all. It simply needs an adjustment and it will perform better. Should I start to state how bad it is and persuade people not to use it to save time? No, I will not do that. It would not be fair in this case. Wake up - the concept is good.
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is that your forward or from the site? thanks
My account.
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Opinions differ in this instance. Take a look at the screenshot of the xtreme trades. Except for the 2 larger losses you can see that trades are generally profitable. Over longer term this could continue or it could fall on its face. Hard to tell what will happen.
http://i56.tinypic.com/s0ygj4.jpg
Cheers
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I will say that this EA is not a scam. It has a good core concept but its money management sucks since it does not know how to get out with timely profit. To fix it you need to set a 5-7 pip TakeProfit and this will improve the results. With this change I think it might end up to be profitable over the longer term but don't expect that every trade will be a winner. It really does not need an SL since the EA will close trade on the reversal of its logic. If someone could post the last updated version that would be great so we can all test the latest.
Cheers
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This EA is Mr. Dominic version 2. Looks good on shady brokers demo but live it does not work. If someone has a live report (real money) to show otherwise please post it.
cheers
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I need your help here... how do you get so many trades?? Since market opened today I got only 1 single trade on 3 different brokers. On GBPUSD only.
Its still open in +ve.
What broker are you using?
I am using Alpari UK demo and I have it trading on EU H1. Before placing it on a chart I had loaded the data on all 7 major pairs and all timeframes then restarted the platform and installed it. I use the xtreme version. I got a GBPUSD, bunch of USDCHF, CADCHF trades so far. Mixed results since trades are still open but overall it is positive.
Cheers
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It trades like mad. Lots and lots of trades. Make sure you have enough data on all 7 majors before you place it on the chart.
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Can anyone make this backtest? I get a 0 divide error...
You don't have the data on all pairs loaded that's why ;)
StraddleTraderPro -- Need info
in MetaTrader Expert Advisors
Posted