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av_30

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Posts posted by av_30

  1. Forex Bullet prrof replied that the following:

     

    The FBP robot works fine with all this broker, more over the ATC broker is one of our recommended brokers.

     

    Now the EA need micro lots, but in couple of days, may be even tomorrow we will release the new version of EA, with no micro lots requirement. It will be free for our customers, of course.

     

    We suggest you to open a demo account with FXCM (micro lots) on http://exceptionalfx.com/, and try our EA.

    Regards,

     

    Annie

    Forex Bullet Proof Team

  2. Testtt or any other senior member.

     

    I downloaded the eductaed version ( done by Testtt) in some posts back of Forex Bullet proof. I have applied it on IAMFX and its working very fine. I have started the forward test of Forex Bullet proof and the resulats are shown in url below

     

    h**p://www.fxstat.com/perfomances/view/Bulletproof-1582

     

    However when I run this on ATC Broker I am NOT getting the trades and infact it is generating some open pending orders where the price of open order is current market price divided by 10. So in case EURUSD it opened trade @ 0.12804 where as the current market price is 1.2804. Example is enclosed. If I understand it is primarily due to min. lot size. But If I have change the min lot size setting (changing adapt lots to false and putting value of lot as 0.1) but still this problem occurs. Can somebody tell me what is the problem

     

    09.01.2010 22:49 Buy limit 0.10 EURUSD 0.12793 0.00000 0.00000 09.01.2010 22:50 1.27929 cancelled

    09.01.2010 22:48 Buy limit 0.10 EURUSD 0.12792 0.00000 0.00000 09.01.2010 22:49 1.27933 cancelled

    09.01.2010 22:44 Buy limit 0.10 EURUSD 0.12791 0.00000 0.00000 09.01.2010 22:45 1.27913 cancelled

    09.01.2010 22:43 Buy limit 0.10 EURUSD 0.12790 0.00000 0.00000 09.01.2010 22:44 1.27909 cancelled

     

    Can somebody revert to this problem.

     

    Regards

     

    av_30

  3. are you comparing with Thecollectivefx ?

     

    Yes I lately started it. But collectivefx is closed for new accounts and do wire transfer only (almost 70-80 gets wasted),Based in US but not regulated and fixed amount debited everymonth in commision. These are some of con's for thecollectivefx

     

    Please refer to following which I have posted in other threads :

     

    I have been doing lot of research on brokers for last 1 months. Criteria for choosing broker are as follows

     

    1. Spreads : I have logs of spreads of various broker. The best brokers for spreads are MBTRADING , ATC Brokers , Jadefx , Collective FX , DavisaCapital. They all have fantastics spreads. Buts spreads is just half the story. Also check spreads during your trading window.

     

    Check this website http://www.fxintel.com/live/

     

    2. Execution Time to fill the orders : I tried MB trading. But they are not good. Now I am thinking of trying ATC Broker / Jadefx and if they both fail than Davisa or Collective Fx

     

    3.Withdrwals / Transfer : ATC / MBT are good with fleexible system others require Wire transfer which is costly

     

    4.Commissions : MBT : 5.9 (variable and convert it in USD which increase this to EURUSD to almost 7.5-8 rtl) ATC Broker ($8 rtl) , Jadefx (Fixed 6 rtl) , Davisa (Fixed 6 rtl). Collective charges fixed monthly fees e.g. 45 Lots @ the price of $147 , u trade or donot it does not matter)

     

    5. Another important activty is price movements. Some broker even ECN broker donot move their price quite often e.g. MBTRADING this could disadvantegous. Best in this category is Jadefx /Collective Fx / ATC in order of priority. I checked this with size of log file which gets genertaed with spreads records.

     

    6. Regulations/ country in which they operate.

     

    Happy trading and do your homework well before finalising it. I have checked other brokers like IAMFX , FXCBS , NordMarket , NordFx , FXOPEN , INSTAFOREX , ALPARI UK ,

     

     

    Happy trading and pls revert what you think . Its important decision and need to discussed before finalising it.

     

    av_30

  4. I have done enough investigation to believe that their spreads are lowest. I have compared it by recording spreads (I have Indicator which does that) in a log file and comparing them. I have compared Jadefx / ATC / MBT / IAMFX / FXOPEN / Alapri

     

    Spreads are best in Jadefx($6 commission) followed by MBT($4.95) and then ATC ($8 commission)

    Regarding trade hitting SL, this is no reason to reject a broker as lesser the spreads more would be trade and soething may hit SL.

     

    I am NOT promoting Jadefx but the data says what is written above.

     

    Also they are regulated by very active body in Belize.

     

    In trading "DONOT BELIEVE WHAT YOUR HEART SAYS BELIEV WHAT YOUR DATA SAYS"

     

    AV

  5. Nishant,

     

    I have 2 question if you can reply with your experience.

     

    1. Do u know which broker Forex-Megadroid people use. I want to replicate their results published on website. With best of my knowladge they use broker with GMT offset -4 or -5 and commission is flat $8 per trade. I donot know broker will have this setting. They donot use any broker like IAMFX , JADEFX, FXCM, Alpari. I am making this conclusion based upon their trade time i.e. 16:00 Hrs to 18:00 Hrs as per their statement. and if megadroid trades from 20:00GMT or 21GMT this translates to -5 OR -4 GMT offset.

     

    2. Also do you think they have switched agressive setting off. Recovery is off thats sure.

     

    Problem is that my trades are lesser than their trades and donot macth 100%

  6. I was nagetiive in my post about Jadefx. But there are enough resons to have account

     

    1. Just Faboulous feeds (spreads). I have spread recorder indicator which records anytime. I am comparing spreads with ATC Broker , MBT and IAMFX. Jadefx spreads are in comparison with MBT or some time better.

    Spreads during 20 GMT to 24 GMT (Megadroid / Fapturbo Time of trade) ignore some high spike in in 15 min i.e. 21 GMT (Just 15 min)

     

    EURCHF : Consistently less than 2.5

    EURGBP : <1.5

    EURUSD : <1

    GBPCHF : <3 (During change over time it was as high as 15-20)

    USDCHF : <2

     

     

    I have spread log file.These spreads are recorded / noted from it. So other than change over time i.e. just 15 min everything else is good. Now slippage etc can only be identified in demo. But if spreads in feed are low , slippage cannot he high.

     

    Compare this your broker and confirm your thinking.

     

    Jadefx is approved by IFSC (regulating body in Belize). It got its license from IFSC in March 2010 and there is no complaint pening against Jadefx in IFSC. I got this information from IFSC.

     

    Also company like GCI Trading (well known name in Forex) is also in belize and they have been issue warning message from IFSC.(REFER IFSC WEBSITE) so this proves that IFSC is active body in belize.

     

    Yes transfer (withdrawls / funding) are not very friendly in Jadefx (only wiretransfer available even incomming ahs fees of $17)

     

    I think its worth a look.

     

    Regards

     

    Av

  7. Nishantforex,

     

    I did some backtest with ADT as suggested by you and other than GMT(Default) -1 all other turned out to big failure in backtest from 1.1.2009 to 30.04.2010. Ofcourse most profitable and stable results were that of GMT (Default Offset Value ). So becareful.

  8. Testttt : Do u experience the error in Expert folder folder after turing this educated version on. Here is the code error saved in text file. I suggest all wo have turned this version 1.3 live on their MT4 check for text file saved in experts folder by the name of megadroid. I donot know how significat this this:

     

    1;39;;;Function "Base36Decode" is not referenced and will be removed from exp-file

    1;39;;;Function "Base36Encode" is not referenced and will be removed from exp-file

    1;39;;;Function "StringUpper" is not referenced and will be removed from exp-file

     

     

     

    http://www.4shared.com/file/zgFQuY3F/MegaDroid_13_edu.htm

  9. These are actual setting of FAPTURBO EXPERT GUIDE

     

    Try these parameter settings. Subject to your broker you may wish to order the max spread value to below <6

     

    EURCHF

     

    UseScalperStrategy true

    Scalper_UseMM true

    Scalper_LotRiskReductor 15

    Scalper_UseAutoGMTOffset true

    Scalper_StartWorkTimeHour 20

    Scalper_StartSessionMinute 0

    Scalper_EndWorkTimeHour 0

    Scalper_EndSessionMinute 30

    Scalper_EURCHF_TakeProfit 6 (5 if spreads are above 3)

    Scalper_EURCHF_StopLoss 50

    Scalper_OneTrade 0

    Scalper_OneOpenTrade false

    Scalper_MaxSpread 6

    Scalper_UseCustomLevels true

     

    EURGBP

    UseScalperStrategy true

    Scalper_UseMM true

    Scalper_LotRiskReductor 10

    Scalper_UseAutoGMTOffset true

    Scalper_StartWorkTimeHour 20

    Scalper_StartSessionMinute 30

    Scalper_EndWorkTimeHour 23

    Scalper_EndSessionMinute 30

    Scalper_EURGBP_TakeProfit 6 (5 if spreads are above 2.5)

    Scalper_EURGBP_StopLoss 35

    Scalper_OneTrade 0

    Scalper_OneOpenTrade false

    Scalper_MaxSpread 6

    Scalper_UseCustomLevels true

     

    USDCAD

     

    UseScalperStrategy true

    Scalper_UseMM true

    Scalper_LotRiskReductor 10

    Scalper_UseAutoGMTOffset true

    Scalper_StartWorkTimeHour 20

    Scalper_StartSessionMinute 30

    Scalper_EndWorkTimeHour 23

    Scalper_EndSessionMinute 30

    Scalper_USDCAD_TakeProfit 9

    Scalper_USDCAD_StopLoss 55

    Scalper_OneTrade 0

    Scalper_OneOpenTrade false

    Scalper_MaxSpread 6

    Scalper_UseCustomLevels true

     

    USDCHF

     

    UseScalperStrategy true

    Scalper_UseMM true

    Scalper_LotRiskReductor 10

    Scalper_UseAutoGMTOffset true

    Scalper_StartWorkTimeHour 20

    Scalper_StartSessionMinute 0

    Scalper_EndWorkTimeHour 0

    Scalper_EndSessionMinute 0

    Scalper_USDCHF_TakeProfit 7

    Scalper_USDCHF_StopLoss 65

    Scalper_OneTrade 0

    Scalper_OneOpenTrade false

    Scalper_MaxSpread 6

    Scalper_UseCustomLevels true

     

     

    GBPUSD

     

    UseScalperStrategy true

    Scalper_UseMM true

    Scalper_LotRiskReductor 10

    Scalper_UseAutoGMTOffset true

    Scalper_StartWorkTimeHour 20

    Scalper_StartSessionMinute 30

    Scalper_EndWorkTimeHour 23

    Scalper_EndSessionMinute 30

    Scalper_GBPUSD_TakeProfit 8

    Scalper_GBPUSD_StopLoss 62

    Scalper_OneTrade 0

    Scalper_OneOpenTrade false

    Scalper_MaxSpread 6

    Scalper_UseCustomLevels true

  10. Just an update yesterday I asked my friend to visit IAMFX office mentioned on website.

     

    https://www.iamfx.com/contact.php

     

    IamFX Inc.

     

    280 Madison Avenue

    Suite 912

    New York, NY 10016

     

     

    Surprise : There is not company by the name of IAMFX in that building .He visted them on Thursday @ 4:30pm. First the guard told clearly that there is no company by the name of IAMFX. So my friend opened his iphone showed the address printed on their website. Than guard allowed him to go upstairs and found room locked and that room mentioned NY time (I donot know what is this)

     

    BEWARE

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