Profitiser Posted March 16, 2010 Report Share Posted March 16, 2010 Re: ISEA (Investiva Super Expert Advisor) I don't understand, what this all fuss is about. It is not EA, it is piece of crap. .... Hi noone22, on a JadeFX forum I found the following comment: "...If you plan to use any ISEA based technique scalper on AUDNZD on an ECN or STP broker (like JadeFx), read this (my experience, but you do what you want with it ;) ): I made my own implementation of ISEA EA and add some protection to it (equity protection, SL filter, spike detection,etc...) but based on the envelop indicator instead of using a simple moving average. In backtest and forward, no probs to pass a $3000 account to 70K in 3 weeks. Now the LIVE test: If you can live with slippage of more than 10 pips, and orders filled at price that are far from the price you asked resulting of loss pratically all the time, go for it. In my case, I have turned off the EA after 2 hours. Don't scalp intensively on AUDNZD, this pair has not enough liquidity and you'll get this results with any scalper (ISEA or not) on this pair. Try to find a good scalper for major pairs. Chance are that your orders will be filled at the price you ask and slippage will be very small...." Maybe this is a solution. Coders welcome. Quote Link to comment Share on other sites More sharing options...
thesecret Posted March 16, 2010 Report Share Posted March 16, 2010 Re: ISEA (Investiva Super Expert Advisor)Â Aggressive scalping is forbidden on JadeFX since new LP. Quote Link to comment Share on other sites More sharing options...
leefx007 Posted April 7, 2010 Report Share Posted April 7, 2010 (edited) Why is this type of trading strategy "piece of crap"? Don't trash it if you haven't demoed this. All of this broker argument and 1 PIP argument is irrelevant. That is if you have really studied this, is familiar with any form of price action or grid trading, have decent manual trading experience, and appreciate EAs in general and especially those who have recoded this to improve the parameter and performance settings. This is just a rapidly moving price action grid trading. And it works on all platforms, on all brokers. It just does not work on all available pairs that's all. Does something have to be spoon fed to some people in here? Clearly that's the case. At least appreciate those who recoded this EA to make certain parameters available for you to tweak. Also, who said this EA won't work on EURUSD or USDJPY? Two most liquid pairs on any broker and on any platform? Just because the developer whom you are trashing as a scammer and this EA as piece of crap says it is optimized for EURCHF and EURGBP? It's freaking hilarious to on one hand trash the EA and trash the developer and yet believe their manual and recommended pairs. Think about how ludicrous that is. Fact is, grid type of strategy work well on highly liquid pairs with low spreads. That does not have to be EURCHF and on Asian sessions. This will work very well on EURUSD. The thing you have to figure out yourself is the proper SL that you can live with. Don't bitch about risk reward, that is within your control by setting TP and SL to your satisfaction. It's not the fault of the EA or this type of trading strategy if you do not have enough manual trading experience to know what TP and SL combo you are comfortable with for various pairs at your particular chosen broker. Sorry, this is not piece of crap. And stop talking about brokers and 1 PIP issue. It is a non-issue really. As someone already stated, work the settings to make it compatible with your reputable broker rather than look for and compromise by settling with a scam crooked broker because they advertise 1 PIP spreads. And the reason why this EA is better than other grid strategy is that most grid strategy uses static limit orders that stay where it was originally opened irrespective of where the current price line is. This EA's limit orders are dynamic in that it always updates itself and moves along with the current price line. So, if your SL is a decently wide one without being too huge in respective to your chosen Risk/Reward, you will have several wins while the particular order is on its way to possibly hitting the SL. No other grid trading system can say this. So, all other settings can be default but you need to come up with an SL that you know you can live with and you know you did well with when you were manually trading. If you have zero manual trading experience, you will always struggle with the proper SL setting. Don't accept the default while constantly bitching about risk reward. I hate reading that crap on forums the most. TP and SL is within your control. Â Demo this on Dukascopy's MT4 beta and on EURUSD. The way this EA works on Dukascopy's ECN is great. Now, because it is beta, the server does have some occasional issues but once Dukascopy goes live with MT4, this EA on EURUSD will work great. And the spread on EURCHF is less than 1 PIP as well most of the time on Dukascopy. And on EURUSD it is less than 1 PIP great majority of the time. Most is 1 PIP. Â In the meantime, you need to be running this on a non-US brokerage firm and preferably on STP because this EA does fall into hedge category by the NFA morons. So, NFA compliant FIFO following US brokerage firms won't work with this EA effectively as it is designed to work. And the way this EA functions on Dukascopy and on ECN in particular is much more preferable to way it works in all other brokers. You have to demo this on Dukascopy and see what I mean. Edited April 7, 2010 by leefx007 Cyrillic 1 Quote Link to comment Share on other sites More sharing options...
sirxl Posted April 8, 2010 Report Share Posted April 8, 2010 futron, the link at h**p://www.4shared.com/file/117855505/af5f4108/ISEA_4or5_digits_no_limitorder.html is not working anymore   Matias, Here is the update. Don't know know how this happened but it seems my mod is more profitable than the original ISEA. On the backtests on Sigma from 2009/07/03 - 2009/07/10 Original ISEA with 0.01 Lot $50.00 Broker - Sigma MoneyManagement = false lotsize = 0.01 UseHourTrade=false All other setting Default Net Profit = 361.64 Maximal DD = 5.79% Relative DD = 5.79% Modified ISEA MoneyManagement=false lotsize = 0.01 UseHourTrade = false Slippage = 0 TakeProfit = 2 StopLoss = 29 MA_PipsAway = 2 Net Profit = $ 705.49 Maximal DD = 0.05% Relative DD = 0.05% You will notice I set Slippage to 0 this caused The EA to miss a few trades. Attached is the new version it works like a bomb !! Still need to test and optimize for other brokers will post the .set as soon as I am finished with it. h**p://www.4shared.com/file/117855505/af5f4108/ISEA_4or5_digits_no_limitorder.html ENJOY !! Man this is getting to be fun ! Edit : :) yeah you are right Matias SLIPPAGE was the culprit !! micutzu 1 Quote Link to comment Share on other sites More sharing options...
testman Posted April 8, 2010 Report Share Posted April 8, 2010 Yeah please reupload Quote Link to comment Share on other sites More sharing options...
Pheniox Posted April 8, 2010 Report Share Posted April 8, 2010 Why is this type of trading strategy "piece of crap"? Don't trash it if you haven't demoed this. All of this broker argument and 1 PIP argument is irrelevant. That is if you have really studied this, is familiar with any form of price action or grid trading, have decent manual trading experience, and appreciate EAs in general and especially those who have recoded this to improve the parameter and performance settings. This is just a rapidly moving price action grid trading. And it works on all platforms, on all brokers. It just does not work on all available pairs that's all. Does something have to be spoon fed to some people in here? Clearly that's the case. At least appreciate those who recoded this EA to make certain parameters available for you to tweak. Also, who said this EA won't work on EURUSD or USDJPY? Two most liquid pairs on any broker and on any platform? Just because the developer whom you are trashing as a scammer and this EA as piece of crap says it is optimized for EURCHF and EURGBP? It's freaking hilarious to on one hand trash the EA and trash the developer and yet believe their manual and recommended pairs. Think about how ludicrous that is. Fact is, grid type of strategy work well on highly liquid pairs with low spreads. That does not have to be EURCHF and on Asian sessions. This will work very well on EURUSD. The thing you have to figure out yourself is the proper SL that you can live with. Don't bitch about risk reward, that is within your control by setting TP and SL to your satisfaction. It's not the fault of the EA or this type of trading strategy if you do not have enough manual trading experience to know what TP and SL combo you are comfortable with for various pairs at your particular chosen broker. Sorry, this is not piece of crap. And stop talking about brokers and 1 PIP issue. It is a non-issue really. As someone already stated, work the settings to make it compatible with your reputable broker rather than look for and compromise by settling with a scam crooked broker because they advertise 1 PIP spreads. And the reason why this EA is better than other grid strategy is that most grid strategy uses static limit orders that stay where it was originally opened irrespective of where the current price line is. This EA's limit orders are dynamic in that it always updates itself and moves along with the current price line. So, if your SL is a decently wide one without being too huge in respective to your chosen Risk/Reward, you will have several wins while the particular order is on its way to possibly hitting the SL. No other grid trading system can say this. So, all other settings can be default but you need to come up with an SL that you know you can live with and you know you did well with when you were manually trading. If you have zero manual trading experience, you will always struggle with the proper SL setting. Don't accept the default while constantly bitching about risk reward. I hate reading that crap on forums the most. TP and SL is within your control.  Demo this on Dukascopy's MT4 beta and on EURUSD. The way this EA works on Dukascopy's ECN is great. Now, because it is beta, the server does have some occasional issues but once Dukascopy goes live with MT4, this EA on EURUSD will work great. And the spread on EURCHF is less than 1 PIP as well most of the time on Dukascopy. And on EURUSD it is less than 1 PIP great majority of the time. Most is 1 PIP.  In the meantime, you need to be running this on a non-US brokerage firm and preferably on STP because this EA does fall into hedge category by the NFA morons. So, NFA compliant FIFO following US brokerage firms won't work with this EA effectively as it is designed to work. And the way this EA functions on Dukascopy and on ECN in particular is much more preferable to way it works in all other brokers. You have to demo this on Dukascopy and see what I mean. Perhaps if you did not hit the Return button every ten words or less it word be easier to read. As it is I get sore eyes and simply ignore what might be a good statement Quote Link to comment Share on other sites More sharing options...
micutzu Posted April 9, 2010 Report Share Posted April 9, 2010 can someone please reupload?! Quote Link to comment Share on other sites More sharing options...
chankl78 Posted April 9, 2010 Report Share Posted April 9, 2010 It has been a long time I never use it. Cos lose too much in this pair. Try this site. Hope it still works. If it is not working, too bad. Grail 2 - http://www.mediafire.com/?sofmzgj5zbn IAPE (This is aggressive version) - http://www.mediafire.com/?gqgyzzj4al1 ISEA with no limit order - http://www.mediafire.com/?yi3ngmhdzmo  Please do not ask me for settings & templates, as I have already deleted mine. Not using it for more than 6 months. Thanks. Enjoy. Smile Chankl78 micutzu and Fmfx 2 Quote Link to comment Share on other sites More sharing options...
leefx007 Posted April 9, 2010 Report Share Posted April 9, 2010 Then don't freakin' read it. Â Clearly you did not. Â Some moronic comments in here just makes me laugh out loud. Oh, but let me get this... long string of comments going all the way to the right is easier to read? Â Ignore me and shut the hell up then! Quote Link to comment Share on other sites More sharing options...
a476713 Posted May 18, 2010 Report Share Posted May 18, 2010 Why is this type of trading strategy "piece of crap"? Don't trash it if you haven't demoed this. All of this broker argument and 1 PIP argument is irrelevant. That is if you have really studied this, is familiar with any form of price action or grid trading, have decent manual trading experience, and appreciate EAs in general and especially those who have recoded this to improve the parameter and performance settings. This is just a rapidly moving price action grid trading. And it works on all platforms, on all brokers. It just does not work on all available pairs that's all. Does something have to be spoon fed to some people in here? Clearly that's the case. At least appreciate those who recoded this EA to make certain parameters available for you to tweak. Also, who said this EA won't work on EURUSD or USDJPY? Two most liquid pairs on any broker and on any platform? Just because the developer whom you are trashing as a scammer and this EA as piece of crap says it is optimized for EURCHF and EURGBP? It's freaking hilarious to on one hand trash the EA and trash the developer and yet believe their manual and recommended pairs. Think about how ludicrous that is. Fact is, grid type of strategy work well on highly liquid pairs with low spreads. That does not have to be EURCHF and on Asian sessions. This will work very well on EURUSD. The thing you have to figure out yourself is the proper SL that you can live with. Don't bitch about risk reward, that is within your control by setting TP and SL to your satisfaction. It's not the fault of the EA or this type of trading strategy if you do not have enough manual trading experience to know what TP and SL combo you are comfortable with for various pairs at your particular chosen broker. Sorry, this is not piece of crap. And stop talking about brokers and 1 PIP issue. It is a non-issue really. As someone already stated, work the settings to make it compatible with your reputable broker rather than look for and compromise by settling with a scam crooked broker because they advertise 1 PIP spreads. And the reason why this EA is better than other grid strategy is that most grid strategy uses static limit orders that stay where it was originally opened irrespective of where the current price line is. This EA's limit orders are dynamic in that it always updates itself and moves along with the current price line. So, if your SL is a decently wide one without being too huge in respective to your chosen Risk/Reward, you will have several wins while the particular order is on its way to possibly hitting the SL. No other grid trading system can say this. So, all other settings can be default but you need to come up with an SL that you know you can live with and you know you did well with when you were manually trading. If you have zero manual trading experience, you will always struggle with the proper SL setting. Don't accept the default while constantly bitching about risk reward. I hate reading that crap on forums the most. TP and SL is within your control.  Demo this on Dukascopy's MT4 beta and on EURUSD. The way this EA works on Dukascopy's ECN is great. Now, because it is beta, the server does have some occasional issues but once Dukascopy goes live with MT4, this EA on EURUSD will work great. And the spread on EURCHF is less than 1 PIP as well most of the time on Dukascopy. And on EURUSD it is less than 1 PIP great majority of the time. Most is 1 PIP.  In the meantime, you need to be running this on a non-US brokerage firm and preferably on STP because this EA does fall into hedge category by the NFA morons. So, NFA compliant FIFO following US brokerage firms won't work with this EA effectively as it is designed to work. And the way this EA functions on Dukascopy and on ECN in particular is much more preferable to way it works in all other brokers. You have to demo this on Dukascopy and see what I mean. Dear Leefx007, Thanks for your statement. I'll give it a try. But were can we find the version you use? And setting file? Regards, Arjan Quote Link to comment Share on other sites More sharing options...
a476713 Posted July 8, 2010 Report Share Posted July 8, 2010 Matias, Here is the update. Don't know know how this happened but it seems my mod is more profitable than the original ISEA. On the backtests on Sigma from 2009/07/03 - 2009/07/10 Original ISEA with 0.01 Lot $50.00 Broker - Sigma MoneyManagement = false lotsize = 0.01 UseHourTrade=false All other setting Default Net Profit = 361.64 Maximal DD = 5.79% Relative DD = 5.79% Modified ISEA MoneyManagement=false lotsize = 0.01 UseHourTrade = false Slippage = 0 TakeProfit = 2 StopLoss = 29 MA_PipsAway = 2 Net Profit = $ 705.49 Maximal DD = 0.05% Relative DD = 0.05% You will notice I set Slippage to 0 this caused The EA to miss a few trades. Attached is the new version it works like a bomb !! Still need to test and optimize for other brokers will post the .set as soon as I am finished with it. h**p://www.4shared.com/file/117855505/af5f4108/ISEA_4or5_digits_no_limitorder.html ENJOY !! Man this is getting to be fun ! Edit : :) yeah you are right Matias SLIPPAGE was the culprit !! Hello Futron, Could you please upload your modified ISEA version once again? Do you trade with it? And what are the results? Thanks, Arjan Quote Link to comment Share on other sites More sharing options...
peleus Posted September 17, 2013 Report Share Posted September 17, 2013 The link doesn't work anymore. Can someone please upload it again? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.