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conglo

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Posts posted by conglo

  1. You can't have tested it much.

     

     

    The trade logic is in the first post.

     

     

    Settings are whatever you choose.

     

     

    I share this stuff for you guys to play with and find what works for you.

     

     

     

    it is not profitable as I tested,but thanks for sharing.

    can you tell me what are the settings,tf and currency?

    I noticed that the EA opened about 100 positions without closing one!whats the strategy?

  2. 95% of all forex traders lose.

     

    Therefore it's a fair bet that 95% of traders on this forum lose.

     

    You can then assume that 95% of everything you read on this forum is from losing traders.

     

    Think about it.

     

     

    If you're going to succeed you need to think for yourself.

     

     

    Keep it as simple as possible.

    If you need more than 1 indicator to successfully trade you're making it too complicated.

     

    Go here and download the FREE Strategy Builder software:

     

    http://forexsb.com/

     

    Just play with the software for a good while and see what you come up with.

     

    If you want to try your strategy out then download the automatic trading software (also free).

     

    Now you're already ahead of the game and it hasn't cost you anything.

     

    Have fun!

  3. Here's one that I had coded (thanks to hiachiever) to trade the breakout of the daily high/low.

     

    http://www.mediafire.com/?c4brzlqtq77bjnu

     

    There was quite a bit of interest about daily breakouts on another forum some time ago, I forget which, but none of the EAs that were posted worked, this one does.

    You can, however, use it on any TF. It has potential.

     

    It does not set stops for entries so it needs to remain active.

     

     

    The "Profit" variable is a global closure mechanism that works well in conjunction with the TP.

     

    The lot-sizing algorithm is a D'Alembert; it's very simple to change the code to a Martingale if you want.

     

     

    Substantive improvements are welcomed but I will probably ignore suggestions; I do not have the time and I am not a programmer.

  4. I created this by accident; it wasn't planned but it produces some very interesting (PROFITABLE) results.

     

    http://www.megaupload.com/?d=CGAGUDO6

     

    Trade logic: Close moves above/below an SMA

     

    However,the EA will continue with each new signal to take entries in both directions (hedged) until either TP or SL is reached.

     

    AND we can employ either no lot sizing changes or Martingale (and variations) or D'Alembert (and variations) AND in either direction.

     

    That means you can use a variety of progressions in a negative or positive mode.

     

     

    The trade logic was arbitrary; play with it, change it, post anything interesting, but give it a shot, this produces some very nice backtests.

  5. Alright !!

     

    I very much enjoy spewing shite when I believe in it but I also respect anyone that doesn't just take it sitting down.

     

     

    Buy you a beer? ;)

     

     

    i dont give a f*** about your opinions and comments about martingale or any anything else . You are just a f***** s** of a b***

     

     

    once again take your negativity towards me and shove it up your a***

     

    you f***** a*****

  6. I agree (imagine that..!) @-)

     

    Fractals have enourmous potential.

     

    I like the idea of entering on a fractal breakout (after a signal), although I am not adept at programming to be able to incorporate this concept into the EA. Still the concept appears sound because it requires the Market to prove itself prior to entry.
  7. What a bunch of bull.

     

    Over way too many years I've seen this way too many times.

     

     

    Add this. Add that. Change this to that, and change that other thing while you're at it.

     

     

    The original rules work, so stick to them and just tweak them a little.

     

    Stop trying to turn this into something it's not.

     

    This kind of BS eventually begins with every new decent method and you (all) always end up turning it into a LOSER.

     

     

    Sorry, soundfx, you're doing the yeoman's work here but while the "committee" idea sounds good in principle it does not seem to work well in practice.

  8. Obviously you haven't bothered to read all my posts.. @sshole.

    What a surprise.

     

    Some of my posts are constructive.

    Some are not, like this one.

     

     

    I do not suffer fools gladly.

     

    "Civil and courteous?" If you don't understand that sometimes people need to be knocked on their @ss (verbally) for their own good then you are indeed ignorant.

    You must not have children.

     

    If you do, I feel pity for them.

     

     

    Where are you getting this martingale stuff?

    You must be pulling it out of your arse.

     

    Well, that would figure, wouldn't it.

     

     

    Anyone who uses a Martingale is A F***ING 1d1ot.

     

     

    And, you 1d1ot, a MARTINGALE means ONE THING AND ONE THING ONLY:

     

    A DOUBLING of a losing bet. Nothing else. Martingale = double.

     

    If it doesn't double, it's not a Martingale.

     

    You and most of your ignorant colleagues here have been throwing that term around without knowing its meaning.

    What a surprise.

     

     

    Look it up in the dictionary.

     

    OOPS!! I'm sorry; for you it would be the D1CKtionary..

     

     

     

    Over and OUT, d1ckhead.

     

     

     

     

     

     

     

     

     

     

    It seems that you're the moron and the ***** who doesn't know how to be civil and courteous on this forum ! Who said anything about an EA allowing 40% drawdowns and me agreeing with it . Martingale strategy doesn't necessarily have to be DOUBLING of losing lot sizes. It can be INCREMENTAL also ! That is still martingale in my book !!

     

    It appears to me that you practice martingale in your own trading which would explain why you reacted offensively. I guess that makes you a GAMBLER and not a trader. Keep your offensive opinions to yourself .

     

    Obviously you don't understand anything and you are unable to offer any positive commentary here on this forum. Please take your negativity and offensiveness somewhere else and offer something constructive and meaningful here on this thread.

     

    TAKE YOUR NEGATIVITY AND SHOVE IT !!

  9. The fewer indicators the better.

    The fewer rules the better.

    Candles make no difference.

     

    My best methods use no indicators whatsoever.

     

    H4, no indis:

    http://www.myfxbook.com/members/ammo/heyma-h4/152937

     

    If you're curious read some of my earlier posts, I've posted the rules.

     

     

     

    If there were such a system then almost everyone would be using it and not bothering with these threads.

    Look for Fozzy, Lindencourt, 3 or 5 bar reversal, Dean Saunders 10 min Wealth Builder...

    Conglo's suggestion is similar to others that wait for the price to move towards the sma then breaks away again with an important candle.

     

    Loads of systems that can be seen as successful in history but are just a hopeful bet at the hard right edge.

  10. It seems you're a moron.

     

    The EA is what it is.

     

    If the EA permits a 40% DD, all by itself, and you agree with that, God help you for being an 1d1ot.

     

    Maybe, but not if the strategy is solid and profitable and ofcourse if the risk is managed conservatively with the correct lot sizing then you never see drawdowns like 40% of account balance !

     

    40% drawdowns are a result of one or a combination of the following :

     

    A. Account is over leveraged meaning that the lot sizes used and risk setting is too high !

     

    B. The trading strategy is flawed and not profitable long term.

     

    C. The trading strategy uses martingale !

     

    The first choice is ultimately the traders decision but the remaining two options separate the great trading systems from the rubbish. I hope that Auto fx Millionaire doesn't fall in the rubbish category. So far it looks great and i have heard similar results from traders on other Forex forums trading both live micro lot accounts and demo accounts. But it has only been the first week of trading and too early to judge this trade replicator !

  11. A Martingale is BY DEFINITION a DOUBLING of a losing lot;

     

    If it DOES NOT DOUBLE IT IS NOT A MARTINGALE.

     

    Get your facts straight.

     

     

    Maybe, but not if the strategy is solid and profitable and ofcourse if the risk is managed conservatively with the correct lot sizing then you never see drawdowns like 40% of account balance !

     

    40% drawdowns are a result of one or a combination of the following :

     

    A. Account is over leveraged meaning that the lot sizes used and risk setting is too high !

     

    B. The trading strategy is flawed and not profitable long term.

     

    C. The trading strategy uses martingale !

     

    The first choice is ultimately the traders decision but the remaining two options separate the great trading systems from the rubbish. I hope that Auto fx Millionaire doesn't fall in the rubbish category. So far it looks great and i have heard similar results from traders on other Forex forums trading both live micro lot accounts and demo accounts. But it has only been the first week of trading and too early to judge this trade replicator !

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