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[req]ibands-fx.com


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Re: [req]ibands-fx.com

 

yes. looks their concept is go for around 20 pips short term trading, using bollingerbands. which is reasonable.

here is their image from their site. I bet not so many people buy it and sharing. If we are group buying it, I will join.

trading timeframe is M15, stoploss is from 80 pips to 110 pips, TP is around 20 pips. I suspect this one is using bollingerband + gimmee bar concept or someting simular like that.

 

http://www.ibands-fx.com/images/index_clip_image003_0000.gif

 

http://www.ibands-fx.com/images/index_clip_image005_0000.gif

 

http://www.ibands-fx.com/images/index_clip_image004_0000.gif

 

it is bit expensive, around $766 (yen price to USD). so group buy would be nice.

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which pairs does it trade?

a manual would be fine...

 

Pro: best info is at the link listed below, the manual was in japanese

 

http://forexfreesystems.com/forex-new-systems-and-robots/ibands-fx/

 

there was at one time a 5 month demo report that showed good profit, however now not available the brokers it trades on. It will run Live & demo I have traded it live at FXDD, I trade it four times a week I am in Houston USA so I trade it on Monday-Thursday time is just at near end of NY sesssion, I think Forex Multivers is a clone of this somewhat, as some trades open nearly exactly the same, one demo 2 weeks ago trading 0.16 lots $1.60 pip made $180, very few losing weeks, best to avoid trading if major report near end of NY session. This EA is not being sold anywhere currently, basically somewhat of an Asian scalper but very good in my opinion, trades on 15 minute TF at curriencies listed at link, as stated they did have a 5 month report at FXDD that looked very good,I believe that this is a worthwhile EA, with Limited Risk. The complete IBANDS website has been removed for about 2 months now.

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Pro: best info is at the link listed below, the manual was in japanese

 

http://forexfreesystems.com/forex-new-systems-and-robots/ibands-fx/

 

there was at one time a 5 month demo report that showed good profit, however now not available the brokers it trades on. It will run Live & demo I have traded it live at FXDD, I trade it four times a week I am in Houston USA so I trade it on Monday-Thursday time is just at near end of NY sesssion, I think Forex Multivers is a clone of this somewhat, as some trades open nearly exactly the same, one demo 2 weeks ago trading 0.16 lots $1.60 pip made $180, very few losing weeks, best to avoid trading if major report near end of NY session. This EA is not being sold anywhere currently, basically somewhat of an Asian scalper but very good in my opinion, trades on 15 minute TF at curriencies listed at link, as stated they did have a 5 month report at FXDD that looked very good,I believe that this is a worthwhile EA, with Limited Risk. The complete IBANDS website has been removed for about 2 months now.

 

thx, great update! I guess the restriction to the listed brokers has to do with the GTM offset time for this EA

Edited by pro
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This would be a hard one. It has many broker options, and completely different settings for each, mostly trading hours and months, as well as a couple other little things. We would have to make all those things external, and also make it 4/5 digit and ECN compatible,etc....

 

Thx stovedude, I should have been more precise about what I want.... I would like to run it on VarengoldBank MT4. Their 4 digit platform has the same GTM offset as the Alpari UK (5 digit) hard-coded in the EA. Would it be possible to make these changes for the purpose of backtests? This way I could compare the past performances on both broker at least.

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