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Posted

Re: (REQ) Forex Slasher EA

 

Where you see, 40% DD? At the website I read, max. drawdown 26.33%, what is good. And profit factor 3.05 and expected payoff 2222.64. The results are great!

 

Thanks,

 

megainvest

Posted

Re: (REQ) Forex Slasher EA

 

what is important is the risk he was using, if he was using 40% risk for the trades is normal havind 40% DD, 26DD is good has long you choose 25% lrr, if you choosed 10% risk its very bad 26dd.

Posted

Re: (REQ) Forex Slasher EA

 

I think too, that the 40%DD in the video is because they have settings max. Risk, I think 25% or higher...

 

But the result are impresive, at the end of 7 months, 10k Dollar reached 378k Dollar...what is very cool...

 

Thanks,

megainvest

Posted

Re: (REQ) Forex Slasher EA

 

But the result are impresive, at the end of 7 months, 10k Dollar reached 378k Dollar...what is very cool...

 

yes. curve fitting is an amazing thing.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

Posted

Re: (REQ) Forex Slasher EA

 

@Stormin_Norman

 

Maybe this EA is curve fitting, you have right... But what is, if this not curve fitting and this one is really so good? I think we should give them a try before we can give a verdict...

 

Thanks,

megainvest

Posted

Re: (REQ) Forex Slasher EA

 

definetly. dont know till its been tested.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

Posted

Re: (REQ) Forex Slasher EA

 

@Stormin_Norman

 

Maybe this EA is curve fitting, you have right... But what is, if this not curve fitting and this one is really so good? I think we should give them a try before we can give a verdict...

 

Thanks,

megainvest

 

This not curve fitting, Forex Slasher EA - scalping.

Posted

Re: (REQ) Forex Slasher EA

 

This not curve fitting, Forex Slasher EA - scalping.

 

curve fitting can be dome for any type of method.

 

this EA = fail. but eu 5m is a better timeframe.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

Posted

Re: (REQ) Forex Slasher EA

 

It trades during certain times of day, but the manual doesn't describe what they should be. It has default settings, but they don't show what the GMT settings should be, only what the setting was when they tested it with "their" broker. I think they will probably make a correction to the manual and clarify, since it does not "auto-calculate" GMT offset, the way that Megadroid and Fapturbo does.

Posted

Re: Forex Slasher EA

 

slashbot basically, runs on psar (0.02,0.2), psar(0.05,0.05), then use the fib high/low relatino to set the profits goal.

 

back tested on my broker real account data at atcbrokers.com (ECN), and on GBPJPY H4 data, has good results. only on H4 has nice result.

 

settings, risk=80, lot =1, and no time control, so timecontrol=0, and trailstop=10.

 

test on GBPUSD H4. is ok as well.

 

no good result on EURUSD, no matter which time frame

--

so this bot is ok to use, however, you need to use it on much higher timeframe.

------

if you get order send error 4051, then it is normally the lot size calculation is not right, then you can set the risk=80 or 100, and check it.

Posted

Re: Forex Slasher EA

 

this is a copy of ParabolicEA (Transformer/Conqueror/Vampire/Espionage/Slasher). got this info from 4xproject.

can get a free copy of ParabolicEA (Transformer/Conqueror/Vampire/Espionage/Slasher) at 4xproject forum.

Posted

Re: Forex Slasher EA

 

I got this message from the guys who made Fractals4:

 

Is Forex Slasher modification from other EA ?

 

Almost 2 weeks, I have not send update.

 

Beside I have been busy with Forex Bling project, our Fractals-4 EA continue making profit.

 

It's 30% since since it's launched.

 

There is new EA Forex Slasher in the market.

 

I found in many forums that the Forex Slasher EA actually the same program with several EAs that has been released in the past: Forex Transformer EA, Forex Conqueror EA, Forex Vampire EA, Forex Espionage EA.

All of those EA's above came from free EA: Parabolic EA.

 

If you want to download the EA free, go to this link below:

http://forexbreakthrough.com/performance-review/forex-slasher-review/

 

In few days, I will send you technical report with forward test performance for our Forex Bling program.

 

Sincerely,

 

 

Yohanes R. Gagahlin

http://www.fxhope.com

http://www.forexbreakthrough.com

  • 3 weeks later...
Posted

Re: Forex Slasher EA

 

The best result I found it is on H4 timeframe. Here are the all data EURUSD H4 backtest results. results are also very good on GBPJPY H4. you can download my optimized settings on

http://www.formulatrader.com/download/slashersettings.zip

http://www.formulatrader.com/download/bild/slasherEURUSDH4.gif

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