freddy

Thanks a lot Bill,

I will try to figure out how to use your code, but it's a good step for learning!

Will watch your TMT trading with great interest.

Yes, thanks to you, ForexExpert for the share.

But hey guys, have you been able to figure how to make money with this system?

I read that pdf, pulled a chart and saw arrows everywhere.

How can you make profitable trades? It's beyond me!

Trades on charts inside pdf are picky choices.

So, back to clean charts!

But that's me.

freddy

Hey Freddy,

 

To be honest, i didnt make my blog originally for forex forums and traders of the forums. What i see around me is the lay man trying to make money from the internet.

The guys who are losing the money and time constantly believing that those "HYIP", "AUTOSURF", "INTERNET MULTI-LEVEL-MARKETING", "MATRIX", "PYRAMIDS", "REFERRAL SITES", "DOWNLINE BUILDING", "PROFIT SHARING" and all this s*** will make them rich and put food on the platter. but they are always into disappointment.

 

Now i have surveyed most of these type of people, 90% of them DO NOT know forex or how to trade and most of them believe "TRADING IS ROCKET SCIENCE" or you have to be a "GENIUS AT NUMBER CRUNCHING"

 

I want to show these and also introduce these people that forex is truly very easy and with proper education from babypips and the simple trending renko system, they can leave all those internet gimmick sites and make some income from trading forex.

 

Originally im just like you, i just like to be in a corner...sitting quitely in front of my pc..doing my trades peacefully...maaking my daily moolah.

 

But what happened was that i just promoted the my broker exness link in 2009 in the forums, and from 2009 links i put, today suprisingly i got like 150 clients and im making like 250-1000$ a day in commissions... all for doing nothing but just linking in forums. I wasnt so serious about referrals being that BAH i could just do 100pips of a standard lot and get my 1k instead of all this crap.

 

But now i see this as a serious side business. theres a big difference is side business and trading business.

 

side-business = you either dont make money or you make money

trading = you either dont make money, you make money, you make more money on good days, you lose money that you gotta recover if bad trading days.

 

I'm just building side business thats my plan with my blog.

 

Now it wont make any sense if i were to introduce people to a broker and they arent profitable, my side-business would not make consistent revenue if trader is not consistently profitable and trading consistently making trades everyday..

 

So im providing trading system 100% free of cost which i have spend several month backtesting and forwardtesting..... my goal is not just the results or the performance... its also how simple the tradings system i can make it as possible while still being performant... my main focus are those multi level marketing people who dont want to learn rocket science.. to trade forex and earn.

 

Im not selling anything to you and im not into social service anymore to share my system for free, i just ask trader to open and account under me, irrespective if he chose to deposit or not... im so confident in my system i know after demo trading a few weeks, he will on his own want to give my hard work back to me by trading profitably on my brokers under me :)

 

Now you show me all these colorful images and tell me this % a week can do that millions of dollars and this initial deposit and that %of profit can do.... hey let me tell you im into this since 5 years, you do not need all those colorful images and calculations.

 

Just open your pc calculator and input 1000 into it and multiply that by 2. do this 10 times. you will see this...

 

1000 = 2000

2000 = 4000

4000 = 8000

8000 = 16000

16k = 32k

32k = 64k

64k = 128k

128k = 256k

256k = 512k

512k = 1024k thats a 1.24 million.

 

So if you just need to double your money 10 times your millionaire.....

 

The problem with wanting to make a million dollars is choosing the right broker.... i dont believe you can use a market maker to make billions... maybe for some bread and butter income ... but finding the broker that can process your 1million or even 100million withdrawal.... u find this and i promise u i can do it there much faster than you can imagine.

 

thats the only reason im still keeping a low profile and only trading what i believe the broker can process without going bankrupt..

 

peace n love dude

OK Nick,

that's true than side-business, once it is planned is a great way to make money without the up an down risk of trading.

And, at least I recognise your fairplay to lay it down.

So I wish you sucess in your IB Brokerage.

People, here are mature and take their own responsability, so if they choose to follow you, great,if they stay aside, great.

All my "colorful images" is just a simple CalcSheet made in 2 minutes, and yes I like color to make it pretty...so pretty... and I don't live in America!

Looking at your charts, I must say you too, like colors, right?

And about making millions of $, you were the one to brag these numbers in your blog.

=============

100USD+ a week on a 500USD account.

200USD+ a week on a 1000USD account.

1000USD+ a week on a 5k.

2k+ a week on a 10k.

10k+ a week on a 50k.

20k+ a week on a 100k.

500K+ a week on a 2.5M

=============

This is what we're looking for everyday depending on your account size...

20USD+ per day, for 100USD+ a week on a 500USD Account.

40USD+ per day, for a 200USD+ a week on a 1000USD Account.

200USD+ per day, for a 1000USD+ a week on a 5000USD Account.

400USD+ per day, for a 2000USD+ a week on a 10,000USD Account.

2000USD+ per day, for a 10,000USD+ a week on a 50,000 Account.

4000USD+ per day, for a 20,000+ USD a week on a 100,000 Account.

100,000USD+ per day, for a 500,000USD+ a week on a 2,500,000 Account.

=============

I did not see what the brokers you were promoting, (apart maybe EXness because you have adds on your blog), but take Dukascopy for instance, they can easily process millions withdrawal and handle astronomical quantity of lots.

Go with them and you won't have to keep a low profile to make your billions.

Sorry I don't have any IB link for Duka, so I won't make a cent on all the millions you make every 10 times.

Some members asked you if you and the Pseudo "Nims Renko" were the same guy. Could you tell us? and the whole story.

And same to you, Peace & Love in this West side story.

I think the way I explained it may have been confusing. So FMT/TMT uses money management to risk a certain percentage per trade, increasing or decreasing the size of the position (number of lots traded). However, once the account balance grows to around $100,000 with my settings, you'll start to hit the maximum lots per position cap on your positions, and FMT/TMT only opens one position per day. That means you are no longer risking the percentage you specified in the settings, but only up until the maximum lots per position cap (which happens to be 40 with my broker). This is bad because it no longer takes advantage of compounding risk/trade.

 

For instance, let's say that it's calculated that one day 22% risk/trade equals around 66.5 lots. The way it is now, only one position would be opened and (with my broker) it would be 40 lots because that is the maximum. The way it should be done is that if the calculated lots is over the maximum lots/position cap, then open up multiple positions. So for that example, to get around the max lots/position cap, two positions would be opened at the same exact time, one with 40 lots and another with 26.5 lots, a total of 66.5 lots.

 

I modified TMT last night to put these changes into effect. The results are absolutely retarded; such a large ending balance I can't even comprehend it. Keep in mind this is from a starting balance of $1000, within a year (2010.02.01 to 2010.11.30), with 99% modeling quality:

 

http://bill.curry.name/backtests/fmt/StrategyTester4.gif

 

http://bill.curry.name/backtests/fmt/StrategyTester4.htm

 

I also modified it so that it would use the smallest lot steps possible to calculate the number of lots to risk (like you asked about in your last post) to give it a small boost of .5 lots here and there. The results of this were negligible with such a large account, but it would probably make a difference on a smaller account with a more sane risk/trade percentage.

 

EDIT: After modifying this EA so it would use the smallest lot step possible to calculate the size of the position, it no longer blows an account starting on April 11th, 2010 (a time of significant DD) even when using 22% risk/trade! So it seems this has made a significant difference when using smaller accounts, as I suspected. This is definitely something Marc should implement.

Ok, thanks it is clear enough now, and I understand better.

The results are awesome, $42M..... but I think it is impossible for the broker, or even for MT4 to handle such stream of orders at the same minute, but, hey, what a great dream, even if you cut down by 10,equity will grow pretty fast.(still multi-millionnaire!)

As for the smallest lot step, that's what I was hoping. (would handle DD) , great.

I'm thinking as I write: perhaps a Time delay after each order would let the stream smoother.

Anyway, great job Bill, it's getting very exciting!

your post#112 = 1st PIC= Wrong time

your post#118 = 2nd PIC= correct time.

And the candle after the control cdle is 30pips.

Ok! I will stop there.

signal candle 22 pips

 

my broker +2 GMT, 13:15+2=15:15

 

http://xmages.net/storage/10/1/0/6/3/upload/ea9a65a6.gif

====================================

http://img199.imageshack.us/img199/3866/timetime.jpg

NY Session Long Trade GBP-USD open

 

http://xmages.net/storage/10/1/0/2/7/upload/f46f43f5.gif

Sorry, I do not want to appear for the guy annoying.

But your time is not correct for NY session.

It is 08:15EST or 13:15GMT

See my pic (with a GMT broker)

Today was a "no trade" day.(with this method)

http://img706.imageshack.us/img706/1961/gu0127nys.jpg

http://xmages.net/storage/10/1/0/5/0/upload/643abc10.gif

 

 

open order, close candle

Ok, I think you don't use the correct time.

it's 02:45EST, or 07:45GMT.

Here is my pic, and you can see there is no setup.

http://img29.imageshack.us/img29/2857/eu0127.jpg

London Session

Long trade EUR-USD, -35

Short Trade USD-CAD, -27

Not sure to understand why you took a trade on EU London session?

Even if you forgot the 30pips rule, I don't see any further candle be a signal candle, (they all touched the H lines.)

could you expand on your reasonning, it is always interesting to learn from mistakes.

Well, I think Nick-Nims Davidson-Renko won't answer anymore.

he is probably thinking at the way to open a new blog under a new name.

After embracing women, and then a dog, next time it will be a monkey.

Why a monkey?

In French we have a phrase which translated into English gives this:

"You can not teach old monkeys to make faces."

but I think in English you have this expression:

"You can not teach old dogs new tricks."

But the meaning is the same!

Sorry I tried responding to this earlier but got an error, and then I forgot about it later.

 

I have actually tried setting the lot size to .05 and change the LotsDecimals to 2, but unfortunately this EA doesn't seem to work that way. It would be a nice feature to have to score a little extra cash. Another thing feature I wish this EA had was going beyond the MaximumLots setting. For example, if my RiskInPercent requires a position larger than MaximumLots, then open up additional positions with the remainder. If this were possible, it would exponentially increase the backtest I linked earlier. I sent Marc an e-mail about this but haven't gotten a response. To circumvent this I'll probably end up using multiple charts with this EA running.

 

I tried my settings starting on April 11th and it blew the account. Like I said, these settings are extremely aggressive and very risky, and not for the faint of heart.

 

I haven't been with TadawulFX for very long but so far I am very happy with them. The customer support is always very quick and friendly, and the spreads are small and fixed.

Thank you, Bill for your answer.

I'm maybe not quite awake, but I do not understand the problem with the "MaximumLots" parameter!

I see in your Strategy Tester Report

TurboMorningTrade_EA_1.3

...RiskInPercent=22; MaximumLots=40;

So why not put a higher number,60,80 or 100 ( e.g. max lot your broker accepts.) ?

Would you be able to share your TMT settings, please? I'd very much like to take a look. Thanks!

I don't have his settings! (see below)

Yeah I'll be going back into the full swing of things in February next week, and I'll probably top off my account so I can start at $1000. Next year I will definitely be staying far away in December and January.

 

In your previous post you said that you were thinking of buying this EA, and in this post you said you've been trading with it since February 2010...?

No, the post labeled #343 is a message I found on T2W, last night, it is not from me!

Here is the link:

hxxp://www.trade2win.com/boards/forex-strategies-systems/110666-turbo-morning-trade-ea-43.html[/Code]

Here is a msg posted on t2w.

So do not be discouraged.

And that confirms what we were talking at the beginning of your thread.

Just a little week to wait and here's the $ $ $ $.

;)

======================================

#343

Re: Turbo Morning Trade EA

After backtesting TMT many times, it is true that if you trade the EA in December and January, expect big losses.

I got a £1000 account to grow to over £20k just trading between February and November 2010 with 5% risk. I still think there is massive potential with this EA, you just need to know which days to leave the PC switched off!

It's just far to easy (I believe anyway) to get disheartened at a string of losing trades and try to blame the strategy. February to November on TMT = pretty good gains. Happy trading...

========================================

Hi Bill,

if you get a moment, could you answer to questions in my post#19.

Thank you

Oh, yes you are probably right, I did not think he could change his pics.

But yes eveything is possible and certainly easier than surgery,

So no, I don't know who is behind Mr Nick--JEKILL and Mr Nimrod--HIDE.

But if this is true, this guy has mental problems!

http://img25.imageshack.us/img25/8353/heandhe.jpg

EDIT:

By enlarging the picture: blatant delusion!

http://img143.imageshack.us/img143/6269/fakew.jpg

Yes, good trades with this method.

@ Gaugas & jurne, well done,

also if you edit your posts and put your link like the one below without the*, your pics will be incorporated inside your posts.

[img*]http://xmages.net/storage/10/1/0/5/1/upload/916071fd.gif[/img*]

and you get this:

http://xmages.net/storage/10/1/0/5/1/upload/916071fd.gif

easier for everyone, thanks

Nick Davidson just out of curiosity hope you're not nimrod d'souza are you? Your rumored to have scammed a lot of people out of their money, in managed accounts, I remember you circulating an email about 'new' managed accounts to several people and after you sent the email one of the ppl you sent it to sent out an email to everyone on the list about how you wiped out his 5k account within a month warning everyone not to give money to you.

 

a while back someone sent me this as well apparently its about you admitting you wiped out yet another person through managed a/c's. Please have a look

 

http://www.multiupl0ad.com/VB39KJIDX2

 

If you are Nimrod D'souza is this true? whats the story?

For some reason my mind keeps linking Nimrod to Mr Nims and if i remember correctly he had a Renko System, started to manage peoples money and pissed it up against the wall too. I remember there was something that went down over at TSD on his thread where he lost peoples money, Mr Nims Renko Ashi i believe the name of the thread was.

HAhahahahahahahahahahah Nimrod D whats his face is Mr Nims heres his Blog.

 

http://renko2.blogspot.com/

These two men are not the same [with the surgery though, anything is possible! ;)]

In any case their systems are very similar!

Perhaps, the latter has more flashy colors, but it is a matter of taste!

http://img573.imageshack.us/img573/561/inspirationrenko.jpg

Hey Guys,

 

It is 100% Free. I just want you to open an account in any one of the 3 brokers mentioned in the blog. You do not need to fund it, just open it as formality so i can send you the system.

BTW, I'm not a website programmer , im just a trader. But still it took me quite some month just to make this blog. If response is good, off-course i will pay someone to design a website and a domain. :)

 

Chill friends, I am looking for 10,000 consistently profitable traders in my brokers to generate huge volumes. If you are not profitable its a waste of my time as broker only compensate me for profitable trading. SO its in my best interest to making sure you are profitable :)

 

At-least i am being honest with what i want from you so you can get what you want from me an a win-win situation.

 

Othewise there are those websites thats selling systems and EA's with fake statements and asking you to pay xxx dollars to buy it.

You dont buy anything from me, just open a live account as formality and take my system, I am sure my system itself will impress you so much you will hopefully trade live on my brokers someday :)

You did not answer to my questions. (post#4)

You say :"But still it took me quite some month just to make this blog."

You say:"I am looking for 10,000 consistently profitable traders in my brokers to generate huge volumes."

If I was making 20%/week, I would not bother with making a blog, and writing on any forums to get 10000 traders, .........I WOULD TRADE.

So my thinking, is you don't know how to trade, you just made some nice pics on hinsights, like the one you posted on your blog, but they are not real trades. Very easy to say, i would have bought here and bailed out there, yeah, after the fact, so easy, wether you take Renko charts like you did or with any chart, so easy!

You just want to attract people to get commissions from brokers.

Look at this pic: 20%/Week with start capital of 1000 and the other 5000.

You'd be millionnaire in 30 weeks, instead of loosing your time in blog's making!

As you brag a lot on your blog, I propose, just for fun to take a pic of your today's trades and post it here, perhaps we might be convinced that your system is the holy grail!

If you post your trades, I will post mine.

Cheers

freddy

http://img407.imageshack.us/img407/6282/20byweek.jpg

You have to open an account with one of the brokers he is recommend.

I saw Nordfx is one of them.

Still waiting for my money back, from that one.

Further he,s saying ,$200.00 a day on a $1000.00 account.

My Uncle is 90 years old and flying an F16 jet full loaded!!

Peldoman, lol,

the "he" is ndsouz (Nick Davidson)

and it's not $200/day, it's /week.

But i agree with you, I am ready to fly with your Uncle, if what Nick says is truth! ;)

freddy

http://img443.imageshack.us/img443/2161/70149033.jpg

....BLABLABLA....

To your success!

Nick Davidson

Nick,

I am puzzled, you are promoting your own system but you will only give it to those opening an account through your links:

(because you are an Introducing Broker).

I see you are membe since July 2010, but it is only your 2nd post, and you have never thanked anyone for all the stuff you have downloaded (for free).

So, I have 2 questions for you.

Why do you need to advertise, here, if you can make "20%/week on a regular basis"?

If you make 20%/week, why don't you share your system with us all?

Well, I know in advance, that you won't share anything here!! (and braging is all what 'we' hate, especially without any proof!)

The only thing I like in your post is your dog.

freddy

Description:

 

This one-of-a-kind power resource ............................[/code]

 

If you like my post, please show your appreciation a simple "Thanks" is enough for me..

Hi David,

I give you my thanks, because of your sharing spirit, but before downloading, could you or someone else, tell me if this video course has really improved your trading.

Do you really find things that are unknown and you never found here or elsewhere.

You can respond: "hey man! don't be lazy, download these huge Mbs videos, watch for hours these videos and you will judge by yourself!"

Well I could do that, but it happened to me so many times to loose my time, downloading and watching hours of stuff, for nothing. It tests bitter, if you know what I mean. ;)

Thank you

freddy

This is for the forum as a share.

Also, David, I think what meant Gelan was "is this FROM chris lori" and not for.

Does anyone know why these times are used ?

What is the logic behind the eagle line and the control candle

I would say the logic behind is that before any session you usually get low volatility and Price oscillate between channels. (Consolidation)

When traders come in the market at the beginning of "their" session, volatility grows and Price breaks out of channels, either way)

But only God knows it all!

Hi Freddy,

 

I have removed 2 of the trendlines leaving only the 2 main eagle lines. The one for the Euro session & the one for the NewYork session, This indicator works only on the 15 min timeframe, following the rules. It fires arrows when there is a breakout from the lines. There is a GMT adjust feature, which I find useful.

 

Also you can backtest using show_old input set to 1

 

http://www.mediafire.com/?ajvj4j2tezbom13

Thanks a lot shabz,

will try your version.

About the asian session, here is what I found in the snapshots that I did, before the forum becomes private.

It might give some light!

 

http://img831.imageshack.us/img831/3694/003119jan0841capture.jpg[/img]

 

Does this link need to be adjusted?---doesnt work and I cant quite make it out in your post.

I did a live trade on EU last night(London open) and got the 20 pips--but only just. The 10:15 candle was the signal and I entered short on the 11:15 candle at 1.3561

Hi God,

yes you can do it like Fredd(IE) said or you can also right click and open image in new tab.

Great job for your trade, but it is the minimum, everyone would expect from you. ;)

http://img525.imageshack.us/img525/8291/godrj.jpg

Bill i've just noted you have changed your first post to keep it upto date. that's good. the problem is with this type of EA it trades once per day (if your lucky) and when it does trade its often for BE, so this could take a while before we see real results......if it were a movie you'd fast-forwards it to the end to see what happens:-ss

I tried to PM but:

"kraven has exceeded their stored private messages quota and cannot accept further messages until they clear some space."

thanks :)