10 PiPs Pro EA

[noelsforex]

Hi Guys

 

Found this EA - looks interesting worth $340 :-?

 

salespage ( bit cheesy)

 

http://www.10pipspro.com/

 

download

http://rapidshare.com/files/357699214/10_Pips_Pro.rar

 

tell me what you think :-bd

 

kudo's welcome

[Forexpro1713006044]

Re: 10 PiPs Pro EA

 

Thank you for sharing, but the stop is pretty huge for 10 pips of profit.

With a few losses they are about 50% down @-)

 

hxxp://10pipspro.50webs.com/statement.htm

[forexfx]

Re: 10 PiPs Pro EA

 

This latest version only allow maximum of 1 trade per day and works superbly for EUR/USD, USD/JPY and EUR/GBP pairs.

 

If its profitable..we should educate it to trade as many as possible whole day long :-? :)

[mk77ch]

Re: 10 PiPs Pro EA

 

uhm, is this really the correct ea?

it produces many trades each day and seems not to be profitable on my tests.

also the inputs are not the same like described in the manual.

 

best regards,

mike

[collinsmith]

Re: 10 PiPs Pro EA

 

http://rapid*share.com/files/357699214/10_Pips_Pro.rar

Can any kind soul help to mirror this to 4shared? Have a hard time trying to download through rapidshare.

 

Thanks.

 

Regards,

Collin

[Forexpro1713006044]

Re: 10 PiPs Pro EA

 

Try if this works for you

 

hxxp://xxx.multiupload.com/UAOM7EM5V4

[fxeasy5]

Re: 10 PiPs Pro EA

 

Backtest 2009

84% loss of equity.

http://i45.tinypic.com/qz1x10.jpg

 

This latest version only allow maximum of 1 trade per day and works superbly for EUR/USD, USD/JPY and EUR/GBP pairs.

One trade per day is a good idea for this EA.

The losses can be reduced dramatically with that strategy.

 

Example:

23 2009.01.06 00:00 buy 12 11.20 1.3634 1.3334 1.3644 0.00 111565.15

24 2009.01.06 01:49 t/p 12 11.20 1.3644 1.3334 1.3644 1120.00 112685.15

25 2009.01.06 02:00 buy 13 11.30 1.3646 1.3346 1.3656 0.00 112685.15

26 2009.01.06 13:44 s/l 13 11.30 1.3346 1.3346 1.3656 -33900.00 78785.15

First trade of the day hit TP.

Second trade hit SL.

 

Next example:

29 2009.01.06 14:30 sell 15 8.00 1.3318 1.3618 1.3308 0.00 79575.15

30 2009.01.07 10:41 s/l 15 8.00 1.3618 1.3618 1.3308 -23988.00 55587.15

We had TP hit with first trade on Jan-06.

If we let the EA continue to trade it hits SL at 13:44 and opens a "sell" at 14:30 which hits SL next day

at 10:41.

 

Only taking one trade a day - hoping for the best - makes sense.