finimej Posted June 16, 2010 Report Share Posted June 16, 2010 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 halcyonn and taipan 2 Quote Link to comment Share on other sites More sharing options...
halcyonn Posted June 16, 2010 Report Share Posted June 16, 2010 lucky to say thanx first. the whole theme is intriguing ,interesting and perhaps based on sound mathematical equations,let us see! Quote Link to comment Share on other sites More sharing options...
crushmy Posted June 16, 2010 Report Share Posted June 16, 2010 So are you going to be manually entering like he does, or tweaking the ea to automatically take trades based on your spacing above? Quote Link to comment Share on other sites More sharing options...
halcyonn Posted June 17, 2010 Report Share Posted June 17, 2010 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. Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted June 17, 2010 Report Share Posted June 17, 2010 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. halcyonn 1 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...
⭐ fxknight Posted June 17, 2010 Report Share Posted June 17, 2010 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 Quote Link to comment Share on other sites More sharing options...
silverngold Posted June 17, 2010 Report Share Posted June 17, 2010 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. Quote Link to comment Share on other sites More sharing options...
ninpojutsu Posted June 17, 2010 Report Share Posted June 17, 2010 must know that when these 79 offices had closed in losses, equity was positive! this is the system. today generate 120 pips, but is semi-auto EA. Quote Link to comment Share on other sites More sharing options...
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