[REQ] 4XCB autotrader

[Iceman777]

Hi,

Does anyone have this new EA to share?

 

http://www.forex-robots-tested.com/

[zorinfx]

Re: [REQ] 4XCB autotrader

 

Here you are:

 

hxxp://www.forexsh@ring.com/796007

 

Please leave KUDOS

[manxter]

Re: [REQ] 4XCB autotrader

 

look very good, at least they have real money forward tests, and a forum with happy costumers.!? ;)

[Damodhar]

Re: [REQ] 4XCB autotrader

 

yep....at last we have a serious one,

great results and....they give some proof for a change

 

if somebody has it, please share =D>

[saendee]

Re: [REQ] 4XCB autotrader

 

:-bd any 1 have =D>

[thesecret]

Re: [REQ] 4XCB autotrader

 

Quote from developer:

it is a modified martingale..... Originally, martingale referred to a class of betting strategies popular in 18th-century France. The name is not eponymous; and there is no Monsieur Martingale. The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double his bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake. 
As an example, suppose you have 6,300 available to bet. You bet 100 on the first spin. If you lose, you bet 200 on the second spin, then 400 on the third, 800 on the fourth, 1,600 on the fifth, and 3,200 on the sixth.

If you win 100 on the first spin, you make 100, and the martingale starts over.

If you lose 100 on the first spin and win 200 on the second spin, you make a net profit of 100 at which point the martingale would start over.

If you lose on the first five spins, you lose a total of 3,100 (3,100 = 100 + 200 + 400 + 800 + 1,600). On the sixth spin you bet 3,200. If you win, you again make a profit of 100.

In this example the probability of losing 6,300 and being unable to continue the martingale is equal to the probability of losing 6 times or (20/38)^6 = 2.1256%. The probability of winning 100 is equal to 1 minus the probability of losing 6 times or 1 - (20/38)^6 = 97.8744%.

[Damodhar]

Re: [REQ] 4XCB autotrader

 

oh...so it is a martingale after all:(:(

it wins a lot but one time it blows the account.devil's work...as somebody here put it:)

 

but i was thinking about this strategy,

would it be possible to place opposite orders at the same time and in this was somehow hedging the positions?

like the first round you open 1 lot buy,then 2 buy and 1 sell....and so forth.in this way we could decrease the risk by 50% and with using micro lots or something...

 

anybody have a thought on this?

[Guest dave_rimmer]

Re: [REQ] 4XCB autotrader

 

Link not working can you re-upload and also is this educated

thx

[TraderTero]

Re: [REQ] 4XCB autotrader

 

  Quote

oh...so it is a martingale after all:(:(

it wins a lot but one time it blows the account.devil's work...as somebody here put it:)

 

but i was thinking about this strategy,

would it be possible to place opposite orders at the same time and in this was somehow hedging the positions?

like the first round you open 1 lot buy,then 2 buy and 1 sell....and so forth.in this way we could decrease the risk by 50% and with using micro lots or something...

 

anybody have a thought on this?

 

It is very hard to make that work. The biggest problem is in when the trades in the positive martingale should be closed. It can get very fast into negative territory when the trend turns. Made some tests with that strategy but couldn't make it to work.

 

It is better to reverse the martingale based on indicators. For instance, sell 0.1, sell 0.2 and if the trend continues you make a buy 0.4. You need to have a very good indi in order for that to work.

[mograst]

Re: [REQ] 4XCB autotrader

 

cna somone upload to 4 shared or elswhere? forex sharing seems to be down for some days now...

 

thanks

[Damodhar]

Re: [REQ] 4XCB autotrader

 

It is very hard to make that work. The biggest problem is in when the trades in the positive martingale should be closed. It can get very fast into negative territory when the trend turns. Made some tests with that strategy but couldn't make it to work.

 

It is better to reverse the martingale based on indicators. For instance, sell 0.1, sell 0.2 and if the trend continues you make a buy 0.4. You need to have a very good indi in order for that to work.

 

 

hmm...very interesting thinking,I'll give it a try:)

 

here is the EA uploaded on 4shared

 

http://www.4shared.com/file/142942856/32ca94cb/Forex_Auto_Trader__140.html

 

forexsharing appears to be down for some reason

[manxter]

Re: [REQ] 4XCB autotrader

 

Forex Auto Trader (hxxp://yyy.forex-robots-tested.com/) is NOT 4XCB Auto Trader (hxxp://yyy.forex-robots-tested.com/), right? ;)

[Damodhar]

Re: [REQ] 4XCB autotrader

 

gees...could be...I took it out of a big bundle of EA's from my drive I could have taken the wrong one :?: same name and everything

I'll check and see what happened

[Damodhar]

Re: [REQ] 4XCB autotrader

 

yes, you were right,that was another forex auto trader.ups...my bad.

I've taken down the link.

and cannot find the right one for some reason.

 

can somebody else upload the right one please

[manxter]

Re: [REQ] 4XCB autotrader

 

anyone got test results? It looks promising!? ;)

[fx4a]

Re: [REQ] 4XCB autotrader

 

http://www.myfxbook.com/members/Tazca/4xcb15xdown/497

Suddenly everything is private.

Large withdrawal on a real account. From memory it was about $150,000.

[wvic]

Re: [REQ] 4XCB autotrader

 

The version I had on demo hasn't done so well lately. I mean it wiped more than half the account in 2 days.

[San4x]

Re: [REQ] 4XCB autotrader

 

Before you decide you really want to spend energy

on a "modified Martingale",

check his fxbook account...this is typical

for these types of EAs...sooner or later...

 

http://www.myfxbook.com/members/Tazca/4xcb15xdown/497

 

If that did not convince you...look at the DD...at a mere 88%.

 

Have fun folks! ;)

[fx4a]

Re: [REQ] 4XCB autotrader

 

I think that draw down result is related to the withdrawal.

A few people on the forum though have got blown accounts apparently.

It looks like a particularly risky martingale but profitable in the short term.

[MusicMaker]

Re: [REQ] 4XCB autotrader

 

I downloaded the EA file posted here and placed it on several of my demo accounts and on one live account. It's trading on all the demos but won't trade on live. I get an alert message saying something like " wrong account number, contact vendor."

 

Is there any way I can get it to trade on my live account without buying it? I really can't afford to buy it right now. Why would it trade on demo but not on live?

[MusicMaker]

Re: [REQ] 4XCB autotrader

 

Can anyone help me?

[San4x]

Re: [REQ] 4XCB autotrader

 

  Seeker said:

I downloaded the EA file posted here and placed it on several of my demo accounts and on one live account. It's trading on all the demos but won't trade on live. I get an alert message saying something like " wrong account number, contact vendor."

 

Is there any way I can get it to trade on my live account without buying it? I really can't afford to buy it right now. Why would it trade on demo but not on live?

 

See the code. Open the mq4 file in MetaEditor and find the "Check()" function.

 

Now the next line reads:

int li_0 = 1111111;

 

Change this line as follows:

int li_0 = AccountNumber();

 

Save and press "Compile" in your MetaEditor.

 

Copy the new file to the Metatrader experts folder and start Metatrader.