EA: Forex Derivative 2.0

[erzanza]

Re: EA: Forex Derivative 2.0

 

smartconsultant, Thank to have shared your opinion...

A question,

 

what is a good EA in your opinion?

 

Thanks in advance

[smartconsultant]

Re: EA: Forex Derivative 2.0

 

Can someone educate this crap fully please? It just entered a seemingly good short at EURUSD at 1.3574, in accordance with descriptions and parameters in its manual. I am just getting a bit curious about whether this is waste of time or not.

 

Thanks.

[megainvest]

Re: EA: Forex Derivative 2.0

 

Somebody can please share the newest version FOREX DERIVATIVE PROFESSIONAL?

 

Thanks,

 

megainvest

[erzanza]

Re: EA: Forex Derivative Pro

 

Derivative pro is fully funcional till may, in my case, could be interesting to understand if it's crap or not....

Any help is appreciate!

[megainvest]

This is what I want understand too. I have bought the first version but it was crap. The Professional Version maybe it's better? Can somebody tell us here his experience with this EA?

 

Thanks,

megainvest

[smartconsultant]

I am running this live on a demo (forward test). Only on EURUSD though. So far the robot is not very successful, but EURUSD was making some of the craziest moves. I believe it has a reasonable logic build behind it, but it's support/resistance lines are very preliminary. The Waddah-Attar support/resistance indicator works better. The trade direction indicator in ForexDerivativePro still looks like a joke though, it is not as logical as other parts of the robot. Direction is determined by "price action" -- excuse me, how? No answer yet! Lastly, the profit protection on this robot is very poor -- it was making such a good profit when EURUSD dropped last week, and it gave all of it back to the exact penny and closed the trade at 0 (zilch!) profit! Today it is losing money.

 

This robot has some correct ingredients, but it is not built as well as it was claimed.

[megainvest]

Hi. Many thanks for your honest review. Please keep us updated if the performance of this will change.

 

Thanks,

megainvest

[erzanza]

So, in few words, is another common crap... In forex - teste it has taken 5 stars... quite strange

[smartconsultant]

The robot just lost another big chunk (almost 150pips or 1500 points in 5 digits) on EURUSD. Even a fool sees how EURUSD had a bullish pattern. --- Such a bad performance from this robot in my forward test so far.

[fazli2810]

Here you go:

 

hxxp://xxx.multiupload.com/1F2V1U7ABQ

 

But needs some edu....

 

link is dead. can you mirror this link

[dbz1713006267]

Anybody has derivate pro educated? Mine tells i need to upgrade...