forexmacc

Send you pm, get back at me.

 

Replied your PM

Stormin, it's not asian scalper. Active trading hours are 15-19 Dukas server time which is GMT+3.

Anyway, 999 Eur + 30% of the monthly profit is very greedy.

Need MQ4 -> Java translation of one EA, ready to pay via PayPal for the service.

 

If anybody's willing to do it please PM me.

Yeah, a very interesting one. What bothers me is that there's no loss on their results, there's no SL either. For me it's a few pips scalper w/o SL which could be VERY VERY dangerous.

Yeah you can start to modify this and that and retest but the bottom line is this. The russians have started development on this EA a while ago and the EA has gone through many, many revisions. I would venture to say that the developers would have already implemented the SL/TP mods if they taught it would help. What one has to ask is if an EA like this which cannot be reliably backtested is worth any development time?

 

Cheers

 

I'd say that this EA is very poorly coded only after 3-4 versions from 13.07.2010 when it became public and that's why it's a poor performer too. I like the idea a lot and those changes are a must. Also it's very broker specific and it needs proper settings for each different broker. Many of us and in the russian forums are focused on many brokers and they all have very different results - from very good to poor which indicates that there's potential and it all depends on the setting. That's why we should focus on 1 single good broker which could allow this type of trading and unite for the success. I still aslo believe that one of the main reasons for this robot to fail is the TS feature which works very stupidly. Bad for me I'm not a coder, otherwise I would make those changes myself.

I see one big problem with this EA and it's the trailing stop. If the setting is set to 6 it starts trailing after we are 6 pips in profit and the initial 6 pips SL is set to break even. It would be much better if the trailing stop moves 1 pip right from the start like this: we are in 1 pip profit and SL is moved 1 pip from initial value, we're in 2 pips profit and we move another 1 pip the SL. That way the EA should have more breathing space and could be much more profitable and the DDs should be lower. Another thing that could be changed is to add TP but this is not so important as the TS issue.

 

Thanx in advance to those who should make those changes.

i am still having problem with non placment of sl.

 

Fxknight's version 5 did not trade for me although it is said to have been rectified with sl problem

 

Make sure your broker allows SL placement 6 pips away from the market price. Ihave this problem with one of my brokers, they have 8 pips prohibited zone for SL from market price.

Could someone modify it so it could recognise its own trades and trade along other EAs?

Ooooh maaan, these people are crazy. Price is ~1000$ and there's less than 2 weeks of trading history.

Other problem is that the site owners are proffessional marketers: VisiTrak Marketing http://www.visitrakmarketing.com/

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Forexpipbank is their product as well(look at the e-mail): http://www.twitbacks.com/member-bio.php?tbid=220584

 

Another catch is their refund policy:

* In order to receive a refund you must provide your trading statement from 90 days of trading. You must also provide your account information and settings you were using. After reviewing this information, we will determine if you qualify for a refund.

 

2 weeks trial costs 97$- exactly the same price of crappy EAs. How could you produce 90 days statement with 2 weeks trial??? So there's no refund policy for trials and payment option is only PayPal.

I believe he's using GCG and probably because the account is too small they leave him trade.

I don't know why and how did you decide that it's martinagale. What I see from open trades it does not double lots and it has very tight SL. It's an ineresting EA.

$25,000 account with -$19,000 floating DD.. hmmm

 

Yes, you just took it from my mouth. Nothing great here, just another pyramid/grid counter trend or a crappy loser in general.

I tried to decompile with the new 225.1 demo but it show the same warning: protected or broken ex4 file. So the problem is not the decompiler's version. Maybe ForexCIO protected.

HUUUUUUUUUUUUGE drawdown there, it's some modified martingale but too risky I think.

I'm monitoring this EA too. Have to admit it's the safest martingale I've ever seen. In fact it's not martingale at all, only doubles the lots with every wrong trade. It's a very interesting concept and I consider buying this EA in the near future. The developers are very knowledgeable and polite and as we saw they even provided investor's pass which is very unlikely to see these days. No marketing, no fake statements. I rarely buy an EA because of the scam problem but this one is worth it I believe.

I took a look at the pdf files documentation, it's not an EA, it's some kind of template and you execute trades manually. Judging by the few samples it will work great in trending markets and you'll get slaughtered in ranging markets. Nothing new or revolutionary according to me.

It had only 1 trade so far, else is backtests - not very useful.

Please take a closer look at the trades, it's a crazy Martinglale.

5000$, these guys must be really kidding. I saw Martingale somewhere.... enough I think. I don't know why all russian are crazy about Mr. Martingale.

1000 eur/year. It ain't cheap but I prefer 1x1000 that works than 10x97 that only lose.

Wow, 10 pips TP and 1000 pips SL. RR is 100:1 which is the most amazing I've ever seen.

I have to admit that this is the best EA for sale I've ever seen and I'm monitoring it from few weeks.

Wake up guys, 120 pips profit in more than 5 months! That's barely 25 pips/month and if it only hits 2-3 SLs the 5-months profit is gone.

I have the same problem too and it looks like that this is a market niche. Brokers think that if they offer nano account they can't earn from us. But I need nano lots not because of the account balance but because of the starting lots, my system is partially martingale.

Stpid martingale robot, nothing that's worth even a dollar.