JasonKwok Posted June 17, 2010 Report Share Posted June 17, 2010 Anyone can share this EA or experience. They are the same developer team for Smart Scalper. Thanks. hxxp://www.mqlhome.c0m/default.asp?app_id=0012&news_id=1 Quote Link to comment Share on other sites More sharing options...
JasonKwok Posted June 17, 2010 Author Report Share Posted June 17, 2010 A reply from developer about lot sizing. Dear Jason It seems that you are talking about our Tortoise 2.1 Expert Advisor. In this EA there are many parameter to control the risk. You can set the Max increase level of the lots and also max DD. As you said we haven't refund policy. I think Myfxbook.com is the safest MT4 statement publisher. Because they verify all of the trades by checking the account history. When you open an account there, they ask you to enter your account investor password and if you don't they won't verify your trades. I think it's better that you make sure about this issue. If I send you the investor password, after that I should change it and then I have to change my Myfxbook.com account setting too. After all of these if you still want the investor password, kindly send us your request again. Best Regards MQLHome Group Quote Link to comment Share on other sites More sharing options...
junglist00 Posted June 17, 2010 Report Share Posted June 17, 2010 EA uses martingale strategy ... steps 30 pips ... this is guaranteed to blow your account with any big moves .... you will get good results with recent market activity however if was running few weeks back when EUR/USD went for a ride on the drop-zone would have certainly blown your account. ... Quote Link to comment Share on other sites More sharing options...
JasonKwok Posted June 17, 2010 Author Report Share Posted June 17, 2010 (edited) EA uses martingale strategy ... steps 30 pips ... this is guaranteed to blow your account with any big moves .... you will get good results with recent market activity however if was running few weeks back when EUR/USD went for a ride on the drop-zone would have certainly blown your account. ... Have you log in to their account using the Investor Password to see their statement? What makes you so sure that running the EA for the past few weeks will have our account blown? Are you well versed in their strategy used? Please share if you know. What do you mean "Steps 30 pips"? Saw the statement on their website that it does not open multiple trades at the same time. The next trade is open only after the previous has been closed. Please share the EA if you have it. Thanks. Edited June 17, 2010 by JasonKwok Quote Link to comment Share on other sites More sharing options...
JasonKwok Posted June 17, 2010 Author Report Share Posted June 17, 2010 They provided me with the Investor Password, with 15 mins grace only, and I managed to log in and save their account statement. Among all the EA sellers that I've approached, they are the only seller who is willing to provide Investor Password to their MT4 account. hxxp://[email protected]/file/Wg_uv01a/Tortoise.html Please share if you got the EA. Thanks. halcyonn 1 Quote Link to comment Share on other sites More sharing options...
forexmacc Posted June 17, 2010 Report Share Posted June 17, 2010 I'm monitoring this EA too. Have to admit it's the safest martingale I've ever seen. In fact it's not martingale at all, only doubles the lots with every wrong trade. It's a very interesting concept and I consider buying this EA in the near future. The developers are very knowledgeable and polite and as we saw they even provided investor's pass which is very unlikely to see these days. No marketing, no fake statements. I rarely buy an EA because of the scam problem but this one is worth it I believe. Quote forexmacc.mt4live.com Link to comment Share on other sites More sharing options...
litxus82 Posted June 17, 2010 Report Share Posted June 17, 2010 The way it looks is that it uses some type of strategy to predict direction and only then if it does not go as planned it will double up the lots. As any martingale it will get in trouble once market moves a lot in one direction without much retracement. Quote Link to comment Share on other sites More sharing options...
loui_odeh Posted July 11, 2010 Report Share Posted July 11, 2010 anyone got it? Quote Link to comment Share on other sites More sharing options...
hyperdimension Posted July 11, 2010 Report Share Posted July 11, 2010 In fact it's not martingale at all, only doubles the lots with every wrong trade.That is Martingale trade sizing. I think you mean it doesn't have multiple open simultaneous trades like grid EAs, but regardless of whether it holds multiple open simultaneous trades, increasing trade size is Martingale trade sizing. Quote Link to comment Share on other sites More sharing options...
⭐ fxknight Posted July 11, 2010 Report Share Posted July 11, 2010 Their other EA SmartScalper looks a bit less risky even though it loads on trades of the same size when the market goes against it and exits simultaneous trades at the same time (or give away "timestamp of death"). They call it a "Scalper" mind you for whatever reason. Cheers Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted August 14, 2010 Report Share Posted August 14, 2010 has anyone come across this EA? 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...
reza1982 Posted October 1, 2010 Report Share Posted October 1, 2010 plase share Quote Link to comment Share on other sites More sharing options...
iliotest Posted November 8, 2010 Report Share Posted November 8, 2010 not Yet for me Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.