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pipspot

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  1. Like
    pipspot got a reaction from syedzain_87 in *EA_Kain_ee version needed   
    News filter version works with FFCAL just use the .dll of the already posted educated version
     
    hxxp://[email protected]/files/443662828/EAKAIN_SCALPER_PRO_2010_v1.05_N1.mq4
  2. Like
    pipspot got a reaction from Sneed in Zulu Trade   
    I know this thread has never really got off the ground and is a bit stale but I'm surprised there isn't a LOT more on II about Zulutrade I thought it would have been right up most peoples street on here.
     
    I've been using ZT since August 2010 with AAAFX who basically are Zulutrade they are even located in the same building and have the same functionality in their Iphone apps its just the look is a bit different. They are on '0' pips commission but you will find that even when your providers also use AAAFX you will see about 3 pips slippage.
     
    ZT has its own very easy to use web interface which you can manually trade through but the layout is such that it turns trading into an online game which I totally don't like. Also it is linked to a LOT of brokers more than any other such service so choice and MT4 compatibility is not a problem.
     
    The biggest problem has already been mentioned and that is phantom trades, some open and don't close some don't open at all and some orders that get cancelled by the provider open on your account. You really have to monitor your account a lot and this can lead to frustration over when to leave trades open and when to close them and this is also broker dependent and slippage can be bloody awful on some brokers. You really need to limit your number of providers and watch for overexposure and drawdown, NEVER EVER EVER use a scalper provider as your trades will trigger too late, close too late and any profit you would make will be lost in commission and slippage so don't go lower than at least 5 pips average profit per trade.
     
    I haven't blown an account...yet but I am down about two thirds of my initial investment even though pretty much all of my providers which I have had show big profits in the same period, and bear in mind that I doubled my money in the first month which kind of smells of letting the punter win syndrome.
     
    The sheer amount of choice when it comes to signal providers leads to a want to chop and change which is the exact opposite of successful trading as you are effectively system jumping. The platform is limited and your trades won't match a provider who uses variable lot sizes/martingale.
     
    I would strongly urge anyone to ignore the comments above that relate to 100% winning percentage traders, you will find that they are pretty much all using demo accounts with limitless money therefore can take limitless drawdown and probably have no pip spread to account for either and can take a fraction of a pip as a winning trade if they want, they will also carry floating loss as long as they want to protect their 100% record, as ever if it looks too good to be true IT IS.
     
    Your usually just indirectly paying to use someone elses robot which is dangerous in itself as you have no idea what it is configured for in S/L until it hits one. Lots of people appear to make money from ZT and I have no intention of removing my remaining stake, but I won't be adding to it either.
     
    Last and certainly not least it is free to add money to your account but NOT to do the same process to remove it, the charge is either €25 or $25 so if you are going to get an account do it in USD, and when (not if) you lose money on phantom trades you will receive NO SUPPORT whatsoever even when it is clearly a fault with the platform and nothing else, they still won't pay you back.
  3. Like
    pipspot reacted to gringoh in Forex Mentor : HOW TO TRADE CURRENCIES LIKE THE 'BIG DOGS' Interactive Videos 12 CDs   
    Hello,
     
    For those who have requested it and for the others, here it is :
     
    http://www.forexmentor.com/forex-training-course.jpg
     
    Here is the link:
     

     
    If you can, please make a mirror for the file.
     
    If you like it just press the Thanks button.
     
    Cheers,
    Gringoh
  4. Like
    pipspot reacted to Freddie in What's the best trading system for a beginner?   
    Lots of good advice here Jeff, only trouble is that it comes from people who have put in the time learning.
     
    There is no system like you are wanting. Not for you, there isn't. The reason is that you have to know things that you cannot answer yet. Conglo has set it out, Freddy - with a Y that is not me (IE) has told you the whole story pretty well (except there is a Holy Grail and I am still looking for it but sush not a word to (Y))
     
    I have gone from 1m charts with simple rules to Day charts. Lots of people end up there.
     
    My preferred system is breakouts on a 15min TF because I cannot alter my EA to trade properly... This is just an EA to open and clost trades at levels set, not a magic robot that will blow my account.
    Since I am awake at the midnight GMT I am looking for an End of Day system while I wait for the London open for my breakout trade to start.
     
    With all due respect to Pipspot, I find the pin bar reversal too difficult whereas the Inside Bar daily system, in the same book is my idea of simple and easy...and time saving. BUT, that is my opinion... Pipspot can use PBs whic I cannot!
  5. Like
    pipspot reacted to dinj in Forex Shocker 2.0XE N1   
    After a reasonable(ok) performance of Forex Shocker on my live account, I decided to mod it and add news filter.
    The version in question is 2.0, nodll, found on this forum. I'm not sure who educated it.
     
    The only broker I have been able to work it or backtest it on, is JadeFX. At first I thought it was weird, but after some months I thought it might have something to do with the GMT offset.
    I looked into the code and found a major bug that only allowed it to work on gmt offset=0 and 1, on some pairs
     
    I fixed it and it should now be able to work and be backtested on any broker.
     
    Another bug I found was about the timed closing, also knows as customlevels on fapturbo. What this does is, it closes the trade at a smaller profit, or small loss, after a certain time if it hasn't reached takeprofit yet. The bug only allowed it to work on 4-digit brokers. It's fixed now, even though I might have had more profits with it accidently off.
     
    The news filter is exactly the same that I added to Megadroid, so no big deal.
     
    Now notice I called it XE :D
    About that, I added a couple of costumizable features.
    Where you're supposed to choose the logic, I added a new option, which is 0=custom.
    If you put 0, then you're able to custumize a whole bunch of features to the logic. And here they are:
     
    -Timed_Closing: This is a general option for any logic. Putting this to false, it turns off those custom levels of, which close a trade in smaller profit if it hasn't been able to reach takeprofit after a while.
     
    -News Filter - AvoidNews: This is pretty much the same as megadroid. Turn it on to not trade around news and specify which news and how long before and after.
     
    -Logic: the same as the original but now you can choose 0 to specify your own parameters.
     
    Advanced Settings: here they are.
     
    -Hour_Start_Time and Hour_End_Time: Pretty obvious this one, from when till when you want it to open trades.
     
    -TakeProfit: before, in all pairs, the take profit was always 4 pips. Now you can go wild on it if you want.
     
    -StopLoss: before, the stoplosses ranged around 19-34 depending of the pair. Now you pick it.
     
    -NN1, NN2... NN8: I have no idea what this values are really, but they have to do with the logic of opening a trade. On version 1 you could and had to change this values depending on each pair. The thing is, before there was only NN1- NN5 and they are exactly the same as in version 1. Now there are 3 more values (NN6,NN7,NN8), even though on every pair they seem to be the same values.
     
    -Timed_Buy_TakeProfit: This might be a bit confusing. Remember the Timed_Closing or customlevels? This is to do with that. Here you decide which value of profit you want it to close a buy trade after a certain time.
     
    -Timed_Sell_TakeProfit: The same but for sell/short trades.
     
    -Minutes_Buy: Here you choose how many minutes after the trade opening you want to activate the Timed_Buy_TakeProfit.
     
    -Minutes_Sell: Same, but for sells.
     
    Here's an example for this last part. If you have Timed_Closing as true, Logic as 0, and let's say you are trading AUDUSD. It opens a buy trade at 22:15. Usually it tries to take profit of 4 pips. Let's say you have Timed_Buy_TakeProfit set to "-1" and Minutes_Buy to 75. This means, if after 75 minutes your trade is still open, then the takeprofit will be changed from 4 to -1. As an example, if it bought at 0.9000, the initial takeprofit was at 0.9004 and after 75minutes it will be changed to 0.8999 and the trade will close if the Bid price is equal or higher than that.
     
    So that's it, I'm posting then the nodll version with the ffcal indicator that you have to put on indicators folder if you still don't have it. I'm also sending a picture with the settings for each of the original pairs. You don't need to input those values, as you just need to choose the logic for those original pairs, but it's usefull for your curiosity and if you wanna test differents value.

    http://www.multiupload.com/2OHB9VE2ET
    I just gave it a quick test and it seemed alright. If you find any bugs, post them here. Good luck.
  6. Like
    pipspot reacted to steadywinner in Steady Winner EA   
    Hi everybody. This is Ming, the coder of SteadyWinner. I am also a member of this forum. Thank you for your support.
     
    I have noticed some problems in V3 too. But there is no need to do recoding yourself. Please email me for a beta version of V4. We have solved all the small problems reported by users and have rewritten the Money Mangement part in V4 to make it trade more smartly.
     
    V4 also has a different trading logic which makes it more profitable in the long run. Although V3 is consistent, it is stubborn. Sometimes it does not open trades for days. V4 is more active and has more trades.
     
    I just need some more time to write the user manual, then V4 will be released. Every user will be updated to V4 free.
  7. Like
    pipspot reacted to steadywinner in Steady Winner EA   
    Here is the English manual
    http://www.forexsharing.com/156527
     
    Someone just told me there is a mistake in the download link. It is fixed now.
    Please read the manual to see the trading logic and othere things.
  8. Like
    pipspot got a reaction from ⭐ flathon in *EA_Kain_ee version needed   
    News filter version works with FFCAL just use the .dll of the already posted educated version
     
    hxxp://[email protected]/files/443662828/EAKAIN_SCALPER_PRO_2010_v1.05_N1.mq4
  9. Like
    pipspot got a reaction from fabfive in *EA_Kain_ee version needed   
    News filter version works with FFCAL just use the .dll of the already posted educated version
     
    hxxp://[email protected]/files/443662828/EAKAIN_SCALPER_PRO_2010_v1.05_N1.mq4
  10. Like
    pipspot got a reaction from gege.aig in *EA_Kain_ee version needed   
    News filter version works with FFCAL just use the .dll of the already posted educated version
     
    hxxp://[email protected]/files/443662828/EAKAIN_SCALPER_PRO_2010_v1.05_N1.mq4
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