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Posted

I will start to setup the system, and run it on EURUSD (30 pips grid) and EURJPY (40 pips grid). This is the system that I intend to take it after.

 

his statement

http://prof7bit.mt4stats.com/

 

System download

http://sites.google.com/site/prof7bit/snowball

 

logic and explaination

http://www.forexfactory.com/showthread.php?t=226059

 

live run with picture capture.

http://www.forexfactory.com/showthread.php?t=239717

Posted

snowball not rolling for me,don't see much in the input section to keep it from trading,nor any errors in the journal or experts tab.

 

will wait for a day and get back here.

Posted
i tested a similar system and found that overall it didnt perform too well. the thing about that forward test was that it was during a dynamic market, which provided very good returns. unfortunately the market isnt always like that.

"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

Wow!! I am never in lack of amazement to see what people come up with in the world of EAs. Without commenting too much, the stats on his live demo tell the whole story. 79 losing trades in a row.. way too many trades open at a time which results in excessive risk.. question to ask: how many times can this guy duck and avoid the incoming bullet? He seems good so far right?

 

Cheers

Posted
Wow!! I am never in lack of amazement to see what people come up with in the world of EAs. Without commenting too much, the stats on his live demo tell the whole story. 79 losing trades in a row.. way too many trades open at a time which results in excessive risk.. question to ask: how many times can this guy duck and avoid the incoming bullet? He seems good so far right?

 

Cheers

 

You've got to admit though it did make some change, but like you said way too many losses in a row. To me, it actually trades too much.

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