silverngold Posted June 7, 2010 Report Share Posted June 7, 2010 I have this ea plugged into eur/usd 5m instead of the recommended 1hr. So far, so good. Forex Automatic Sniper Robot http://bestforexsniper.com/ Value: $197 Download: http://rapidshare.com/files/393773320/FXSniper.rar.html http://www.mediafire.com/?zmnmcnmyjcg 8-) baxter, Cruzsurfn, scorpion and 5 others 8 Quote Link to comment Share on other sites More sharing options...
Guest fxprofits Posted June 7, 2010 Report Share Posted June 7, 2010 I'm using this EA as well.. eur/usd m5.. but i thinks theres a problem with the take profit.. with a smaller lot like say 0.01 it gives you about 10pips profit but if the lot is increased to 0.1 it closes trade in only 2-3 pips why? all other settings are default as per set file.. please help me on this.. Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted June 7, 2010 Report Share Posted June 7, 2010 I'm using this EA as well.. eur/usd m5.. but i thinks theres a problem with the take profit.. with a smaller lot like say 0.01 it gives you about 10pips profit but if the lot is increased to 0.1 it closes trade in only 2-3 pips why? all other settings are default as per set file.. please help me on this.. It does this to escape the martingale as quickly as possible. so it takes an overall loss on positions. Quote "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 Link to comment Share on other sites More sharing options...
silverngold Posted June 7, 2010 Author Report Share Posted June 7, 2010 FxProfits and Stormin Norman, thanks for the info on that as I had a similar problem with another ea that did the same Forex Unlimited Wealth. It made no difference if I increased the lot size - all it would do is increase the risk. Quote Link to comment Share on other sites More sharing options...
iwjw Posted June 7, 2010 Report Share Posted June 7, 2010 (edited) I'm using this EA as well.. eur/usd m5.. but i thinks theres a problem with the take profit.. with a smaller lot like say 0.01 it gives you about 10pips profit but if the lot is increased to 0.1 it closes trade in only 2-3 pips why? all other settings are default as per set file.. please help me on this.. Could it be that TP10 is not 10 pips but $10 and the system isn't so fast that it can close after 1 pip ? edit: play around with the SecureProfit property Edited June 7, 2010 by iwjw Quote Link to comment Share on other sites More sharing options...
iwjw Posted June 7, 2010 Report Share Posted June 7, 2010 Did any1 BT this robot for at least 2010? Takes very long to only BT 1 month But for me it looks much safer to run on H1...on M5 the bot needed 25+ lots today to get out of a long position starting with 0.1 and SecureProfit=25 Quote Link to comment Share on other sites More sharing options...
axeps2 Posted June 7, 2010 Report Share Posted June 7, 2010 seem like it can trades other pairs according to the website? do you have the setfiles for them? Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted June 7, 2010 Report Share Posted June 7, 2010 this EA will always blow your account if traded long enough. so be careful. Quote "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 Link to comment Share on other sites More sharing options...
Msdogan Posted June 7, 2010 Report Share Posted June 7, 2010 I wonder there is no such a setting that will not blow account !! Quote Link to comment Share on other sites More sharing options...
hanumanth Posted June 7, 2010 Report Share Posted June 7, 2010 this Ea is the best. When? when it opens the 2nd position you should apply stoploss. For me this stratergy seems to be very good.Surely it will not blow your account as long as you are there infront of the system. stop running this Ea when you are not infront of the computer. Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted June 7, 2010 Report Share Posted June 7, 2010 this EA will always blow your account if traded long enough. so be careful. I prefer EA's like this, that eventually blow your account: because they have a high percentage of growth, you can withdraw your deposit fairly quickly and then keep withdrawing some more every day/week etc, increasing the amount you withdraw as your account grows. This way you will have recovered your deposit and made quite a lot of profit before it crashes out. Then repeat the cycle. Quote Link to comment Share on other sites More sharing options...
Guest fxprofits Posted June 8, 2010 Report Share Posted June 8, 2010 this Ea is the best. When? when it opens the 2nd position you should apply stoploss. For me this stratergy seems to be very good.Surely it will not blow your account as long as you are there infront of the system. stop running this Ea when you are not infront of the computer. hi hanumanth, what settings are you using and on which pair?? Quote Link to comment Share on other sites More sharing options...
leonfoo Posted June 8, 2010 Report Share Posted June 8, 2010 I've run the EA in my DEMO account (from 8th April 2010 till today) and notice it enter trade every possibility within 24h. and it's not really recommended in EURUSD where the trade were unpredictable. from what i verify by the given "set" file, the effective winning trade only happen between hour 1 till hour 4. can anyone help to add coding on start trading hour and end trading hour? thanks. Quote Link to comment Share on other sites More sharing options...
Guest fxprofits Posted June 8, 2010 Report Share Posted June 8, 2010 I've run the EA in my DEMO account (from 8th April 2010 till today) and notice it enter trade every possibility within 24h. and it's not really recommended in EURUSD where the trade were unpredictable. from what i verify by the given "set" file, the effective winning trade only happen between hour 1 till hour 4. can anyone help to add coding on start trading hour and end trading hour? thanks. What do u mean by hour 1 to hour 4? what time zone.. which currency pair? Quote Link to comment Share on other sites More sharing options...
save2009 Posted June 8, 2010 Report Share Posted June 8, 2010 This EA is martingale please beware your margin. Quote Link to comment Share on other sites More sharing options...
micutzu Posted June 8, 2010 Report Share Posted June 8, 2010 here ... live results! http://micutzu.mt4live.com/ Quote Link to comment Share on other sites More sharing options...
halcyonn Posted June 8, 2010 Report Share Posted June 8, 2010 micutzu,will you be kind enough to post sets for these trading pairs? the results look quite fine! Quote Link to comment Share on other sites More sharing options...
Mav Posted June 8, 2010 Report Share Posted June 8, 2010 this Ea is the best. When? when it opens the 2nd position you should apply stoploss. For me this stratergy seems to be very good.Surely it will not blow your account as long as you are there infront of the system. stop running this Ea when you are not infront of the computer. Any way to add this condition to the code? Quote Link to comment Share on other sites More sharing options...
Mav Posted June 8, 2010 Report Share Posted June 8, 2010 I prefer EA's like this, that eventually blow your account: because they have a high percentage of growth, you can withdraw your deposit fairly quickly and then keep withdrawing some more every day/week etc, increasing the amount you withdraw as your account grows. This way you will have recovered your deposit and made quite a lot of profit before it crashes out. Then repeat the cycle. Partially agree, it's always a good idea to get your seed money out as fast as possible. But it may blow right when you initially deposit. Quote Link to comment Share on other sites More sharing options...
Mav Posted June 8, 2010 Report Share Posted June 8, 2010 Does anyone have it backtested at least though last 2 years? Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted June 8, 2010 Report Share Posted June 8, 2010 Partially agree, it's always a good idea to get your seed money out as fast as possible. But it may blow right when you initially deposit. True, but you will have demo tested it for at least a few weeks. Therefore, if the system passes your tests, then you will have been extremely unlucky if it blows your account within the first day. You should withdraw the deposit the very second you make 100% profit; the EA will blow your account eventually. Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted June 8, 2010 Report Share Posted June 8, 2010 I go to a casino to gamble :) Quote "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 Link to comment Share on other sites More sharing options...
axeps2 Posted June 10, 2010 Report Share Posted June 10, 2010 anyone got the manual? do timezone need to be changed for different brokers? and what other pairs can be traded? Quote Link to comment Share on other sites More sharing options...
favoured111 Posted June 10, 2010 Report Share Posted June 10, 2010 Please we need the manual for this system please. Thanks Quote Link to comment Share on other sites More sharing options...
hyperdimension Posted June 10, 2010 Report Share Posted June 10, 2010 here ... live results! http://micutzu.mt4live.com/ It looks like you are way overleveraged. You started with around 1500 USD and you have 0.7 lots of GBPUSD open plus 0.1 USDCHF. You should be trading micro lots instead with such small starting equity. Quote Link to comment Share on other sites More sharing options...
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