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JasonKwok

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Posts posted by JasonKwok

  1. Go Markets is BS. They claimed that they allowed any type of EA to be run on their platform. But later when they found out many are trading this type of EA to earn rebate, they stopped the zero pip Stop/Limit order distance and later stopped the entire rebate program for IB offering cash rebate for their clients.

     

    STP brokers earn from the spread. But some STP brokers like Go Markets, does not like to share portion of the spread with their clients.

     

    Hope ValidShark will share with us the contact of this person so that we could run his EA on other brokers who are truly STP.

  2. I'm not sure the Supertrend indicator here is good, or at least, it seems to do a lot of extra work.

    I believe it loops through the entire history of bars with every tick.

     

    since almost every indicators are derived from prices, it will loop through the history bars to compute the current value. since we are on this EA thread, you can use iCustom function to retrieve the value and use it for SL.

     

    SuperTrend is good for riding the trend because when the price flatten after strong move, itself will flatten too, giving room for price to volatile. But if the price reverse, we would stop out at smaller profit compared to using PSAR, which will move closer to the price even when price has flattened.

     

    You may consider using PSAR to take partial profit and trail the remaining lots with SuperTrend.

  3. easy enough to fix to place ECN orders if you were keen to risk running it.

     

    The version that you shared earlier in the thread is Haru-ichimoku that trade on EURUSD H1.

     

    if you have the version of Haru that trade GBPUSD on M5, please kindly share with us. We won't mind if it is ECN or not as we run on Alpari UK.

     

    Thanks so much.

  4. no moves..no trades..haru will not trade.

     

    what happen?

     

    this version of Haru is not ECN. It issue the ordersend comment with SL and TP that is not zero. Think only Alpari broker can accept this non ECN type. Are you testing on non-ECN type broker platform?

     

    The Haru EA that was shared on this thread is the same found on Haru - Ichimoku EA thread.

    http://indo-investasi.com/showthread.php/5931-Haru-Ichimoku-EA?highlight=haru[/Quote]

     

    Anyone one has the Haru version that is from

    . It trades GBPUSD on M5 according to the statement on his website. Please share. Thanks.
  5. I have been trading live account with them and found they are more reliable and better spread than HotForex and FXPrimus. So far, I do not experience any server disconnection like I used to have with Go Markets.

     

    I've opened the account using Aslan Group as IB and earning 0.30 cash rebate. Payment was fast after month end.

     

    A plus is that they paid interest on balance. The rate was 2% less of interest declared by RBA, which is 4.5% currently. So, we are getting 2.5% interest.

     

    A disadvantage is that their funding methods are very limited and costly. They charged 2% for funding through credit card. But a friend of mine, who was a student from a trading school, had his first funding at no cost and had a AUD 200 credit.

     

    Hope others will share their experience with this broker.

     

    They have two Data centre. One in Australia and the other in Singapore.

  6. Guys, before you test on the lower time frame, please understand that the trigger or signal is generated by slow MACD with settings 24,52,18. Slow MACD works well on higher time frame like H1, H4 and above, for trending pair like EURUSD.

     

    That is why in manual system, the creator recommended time frame H1 and above.

     

    As mentioned earlier in this thread, I used it on H1 and modified the first version of the EA with SL and TP to be exactly the same as recommended by the original creator.

     

    Thanks FX4_Ever for running the back test. Your back test result has added my confidence in this system.

  7. "pip acumulator EA is rubbish...XXXX EA is much better" .....I'm not really disappointed because I expected this to happen.

     

    yeah, I agreed with SoundFX. What we have witnessed is part of the amateur's mentality. When one EA failed, they said another EA better and they will drop this EA and move on to another, when this EA started to perform again, they returned and ask for settings, time frame, time to watch for trade etc etc...they simply too lazy to spend time testing and analyzing the results. They simply waiting for someone to place the "food" on their plate.

     

    Many amateur traders are still searching for the Holy Grail where they expect an EA to win 100% of the trades and not losing a single trade, some could not even tolerate break-even trades. Some can tolerate losing trade but the daily overall result must still be a win. If you have sound money management and still afraid to see one losing trade, you better off putting the money with a bank or buying your own Govt bonds.

     

    I always believe that good trading result is first based on return of hard work before you can count the return on capital. I've done my due diligent and now trading live with this EA, of course, with some modifications. This EA has locked 300 pips of profit on EURUSD.

     

    I'm always grateful to SoundFX who has converted the manual system into this EA. You helped me to save plenty of hours to understand the codes in the original indicators file. I'm new to coding indicator files but I will learn.

     

    Thanks SoundFX.

  8. PuppyPower, in my early posts in this same thread, I've already proven the unreliability of this broker.

     

    You are fortunate to have seen the platform frozen and demanded for a compensation. But what about others who just simply trust them and let their EA runs without close monitoring.

     

    Hope others will not lure by their promotion.

  9. Hi Jason, how did you get the EA to be profitable? I tested like 3 different trailing versions and none of them lasted more than a week. Do you mind sharing your settings?

     

    I attached the EA to EURUSD H1. Use TP as recommended in the manual. The hardest thing to decide in trading is TP.

  10. The manual trading of the system is more secure and successful (psaini). EAs will be always EAs - flexibility of decision making is missing.

    Hermes

     

    Depends.

     

    It's hard to find a good trader who could code the manual system into the EXACT EA. SoundFX has done that and added options which could be easily enabled or disabled on the Input tab.

     

    I'm trading it live using the first version of the EA given by SoundFX and using the settings recommended by the original author, so far, it has been profitable.

     

    Before tweaking the EA or system, I would recommend reading and understand the original system. Personal opinion, keep the system simple.

     

    I would rather let EA (aka robots, aka algo etc ) to trade rather than glue to the screen to look for setup, making decision, enter lot size and trigger the trade. I prefer to make use of technology.

  11. Guess everyone knows why these brokers have aggressive promotions like 50%, 30% or 15% bonus. Now you know where they got the money to pay you. If they are true STP, they need not have these promotions. Personally, I will stay away from brokers who are offering aggressive offers.
  12. hi Guys,

     

    I read the manual from the system and the creator suggest using the system on H1 and above.

     

    I've placed the EA on EURUSD H1 and it has been profitable. Though there are fewer trades, most trades were profitable.

     

    If you switch the chart to H1 with all the original indicators loaded, you can see how profitable it is. Trading on higher time frame require strict with our position sizing due to the larger Stop Loss.

     

    I also used Super Trend, with default settings, to trail stop loss. Super Trend indicator works similar to Parabolic SAR but having a better distance from the price allow us to capture most of the trend by closing the trade when price closed on the other side of the Super Trend Indicator.

     

    Last but not least, Million of Thanks to SoundFX for coding the EA from the manual system!

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