manganate

Does anyone have information on this ea?
Please post it if you have it. Thanks.
 

All systems start of as manual before being turned into auto.
Bad manual systems will always give very bad auto systems.
A good manual system will have been honed by an individual over a long period to maximize its efficiency and profitability: it will work like a marriage, with fights, rages, love - and great sex! But when it becomes mechanical, not even the designer will be able to pick up the little nuances; even whether to go with, or avoid news.
In other words, not even the designer of a good system has a hope in hell when it is turned into a mechanical one!

The Unfettered Mind
Writings of the Zen Master to the Sword Master
Takuan Soho (1573 - 1645)
 
All traders should have an unfettered mind. One way to achieve this is through Fudochishinmyoroku, Taiaki and Reiroshu.
 
The following quote, from the introduction of the above book, tries to explain what they are.
 

 

hxxp://www.4shared.com/file/118158123/502ed79f/tum.html
 
Password:
Manganate_

Here it is:
 

http://www.4shared.com/document/Ih79Zrix/MQL4FullCourse.html

Here it is:
 

http://www.4shared.com/document/Ih79Zrix/MQL4FullCourse.html

Here it is:
 

http://www.4shared.com/document/Ih79Zrix/MQL4FullCourse.html

Here are the results for 01-08Aug2011
 

http://www.4shared.com/file/pQQmVPir/DetailedStatement_USDEMA_baske.html?
 
A complete disaster. I decided to limit the maximum allowed open trades to 25 (rather than 100), so there was less breathing room to build up a large DD.
This didn't help, as it went into immediate DD and never pulled back. It finally hit the 25 max and closed everything with a loss.
Sorry everyone, but I'm too busy to do more with this.

From a recent review:
 
Forex Genetic is nothing more than a poorly designed rehash of an older badly rated EA named Forex STF. Everything from the introductory video to the back story is exactly the same. Only the name of the enigmatic math teacher has been changed from Jim Stanford to Ian Harris.

Here is complete result from 17May - 29July:

http://www.4shared.com/file/oxPsfE5w/DetailedStatement_USDEMA_baske.html
As you can see, there were some closures today, taking the "Profit" to over $5,000.00 and the "Balance" to over $10,000.00 However, the DD is still a disaster zone; the Equity is almost back to the original $5,000.00 and the Margin Level is in the pink zone at 118%. Currently there are 53 open positions. I'm looking forward to see if it will close all trades (maybe next week?) and start again.

Here is complete result from 17May - 22July:
 

http://www.4shared.com/file/ROQIXO-b/DetailedStatement_USDEMA_baske.html
The profits have not changed since then, but the DD is now -$2950 with 57 positions open. Will post again when there is a change in profits, but it seems to continue to open positions regularly, then close a whole bunch in a short period of time, as you can see from the last sharp rise in the graph.

From a recent review:
 
Forex Genetic is nothing more than a poorly designed rehash of an older badly rated EA named Forex STF. Everything from the introductory video to the back story is exactly the same. Only the name of the enigmatic math teacher has been changed from Jim Stanford to Ian Harris.

From a recent review:
 
Forex Genetic is nothing more than a poorly designed rehash of an older badly rated EA named Forex STF. Everything from the introductory video to the back story is exactly the same. Only the name of the enigmatic math teacher has been changed from Jim Stanford to Ian Harris.

Interesting comments.
I'm very sorry about the delay in my analysis, but I'm quite busy these days. I promise it will be done soon. The only advantage with the delay is that I collect more data.
Here is my complete data to date:
 

http://www.4shared.com/file/nl5SFBlU/DetailedStatement_USDEMA_baske.html
 
It currently has 20 trades open over the weekend. It has always had a drawdown, but last week at one point was under -$100
 
Note: I let it run from Sunday evening to Friday evening non-stop, irrespective of calendar events, so as to get worst case scenario

See this post:
 

http://indo-investasi.com/showthread.php/12976-usd-basket?p=156320#post156320

Just now 20 orders closed, leaving 22 open.
DD = -550
Margin = 2200
Margin Level = 273%
Balance = 6587 (Profit = 1587) :)

Re: How To Download Embedded SWFs (e.g. Camtasia videos)
 
I prepared a pdf explaining in detail what to do.
As the example, I used links to ultimate swing trader videos, which some ppl here found difficult to download.
 
 
http://www.4*shared.com/file/117915195/474827f8/Manganate.html
 
(Remember to remove *)

Re: How To Download Embedded SWFs (e.g. Camtasia videos)
 
I prepared a pdf explaining in detail what to do.
As the example, I used links to ultimate swing trader videos, which some ppl here found difficult to download.
 
 
http://www.4*shared.com/file/117915195/474827f8/Manganate.html
 
(Remember to remove *)

I now have 42 trades open and a possible answer for the reason for odd, then even numbers. But I need to do a little bit more research first.
If I find something constructive, I'll put a pdf together and post it here.

I now have 42 trades open and a possible answer for the reason for odd, then even numbers. But I need to do a little bit more research first.
If I find something constructive, I'll put a pdf together and post it here.

I now have 42 trades open and a possible answer for the reason for odd, then even numbers. But I need to do a little bit more research first.
If I find something constructive, I'll put a pdf together and post it here.

Hi anzeigenmichel & kappaforex,
Have you ever considered that some of us enjoy testing these EAs to see why they do not work.
I like doing research on basket systems; you might like eating oranges. It's not really useful to make negative comments unless they are constructive and lead somewhere.
It may turn out to be no good, but unless ppl see that, they might end up losing money.
I have commented, elsewhere in this forum, about the specific problems of basket trading, but it doesn't stop me from doing the research.
 
BTW: I only trade live accounts manually.
 
Hi, Everyone else,
Here is my detailed statement for this EA since I started testing it:
 

http://www.4shared.com/file/HacC_8Hg/DetailedStatement_USDEMA_baske.html
 
The first 59 trades were for 1 lot each (the pre-set value), some of which I closed out manually to prevent being margined out.
The next 125 trades were all at the new 0.1 lot value.
The odd number (including odd number of open trades) may be due to me having closed these trades manually; but I am sure the EA started afresh when I changed the lot size. However, the trades are closing in groups of 2.

Hi anzeigenmichel & kappaforex,
Have you ever considered that some of us enjoy testing these EAs to see why they do not work.
I like doing research on basket systems; you might like eating oranges. It's not really useful to make negative comments unless they are constructive and lead somewhere.
It may turn out to be no good, but unless ppl see that, they might end up losing money.
I have commented, elsewhere in this forum, about the specific problems of basket trading, but it doesn't stop me from doing the research.
 
BTW: I only trade live accounts manually.
 
Hi, Everyone else,
Here is my detailed statement for this EA since I started testing it:
 

http://www.4shared.com/file/HacC_8Hg/DetailedStatement_USDEMA_baske.html
 
The first 59 trades were for 1 lot each (the pre-set value), some of which I closed out manually to prevent being margined out.
The next 125 trades were all at the new 0.1 lot value.
The odd number (including odd number of open trades) may be due to me having closed these trades manually; but I am sure the EA started afresh when I changed the lot size. However, the trades are closing in groups of 2.

Au and Ag have their own personalities, different from most currency pairs.
You could adapt an EA specifically designed for the AUDUSD pair, which has a high correlation with gold.
I know that someone was selling an EA, but I think it was based on EMAs and didn't work. It may even be in this forum.

My latest results:
$5,000.00
0.1 lots
100:1
27 open positions
DD -$640
Margin 2920
Margin Level 151%
 
Looks like USDCHF is still the culprit here.

My latest results:
$5,000.00
0.1 lots
100:1
27 open positions
DD -$640
Margin 2920
Margin Level 151%
 
Looks like USDCHF is still the culprit here.