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(REQ) af159-abuziad-fx-scalper


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what indicator? you mean the camarilla levels on his charts? His EA buys from the lower levels and sells from the higher levels taken based on the one minute chart, which makes these levels much weaker than the ones generated from higher timeframes. And since he does not use ANY reversal indicator (I know that just from watching his videos) if the price shoots up without reversing from the upper levels for example, his account will be wiped out

 

My "Jamal" EA is based on levels that are more powerful than these. it does a good job when manually tested on the charts during a consilidation market.

I could not find a good reversal indicator, but I do have a good indicator which signals a high probability of a breakout, if someone could point me out to a reversal indicator to add into my EA strategy, and add that breakout indicator to restrict the EA from trading during the breakout signals... my EA should see a lot of success and consistancy.

 

I have tried RSI and MACD which are supposed to be good reversal indicators, but they sucked when the strategy was coded based on their reversal signals. Trading on powerful Resistance/Support levels alone will wipe out the account once the currency pair shoots up or down without reversing. So adding a good indicator to filter out the trades is a must.

 

 

Please don't ask to share my EA

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  • 1 year later...

hello .....

 

You can watch the results From here

 

http://www.myfxbook.com/members/abuo_ziad

 

Or from here

 

https://www.ibfxconnect.com/profile/af159/stats

https://www.ibfxconnect.com/profile/af159_1/stats

https://www.ibfxconnect.com/profile/af159_2/stats

https://www.ibfxconnect.com/profile/af159_3/stats

 

But it is not On sale now Because it does not have a reason to sell it after it became Has more of a personal account I am so sorry for this intervention

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Has anyone seen this EA or used it?

I'm not sure if they are even selling it.

 

hxxp://forexaf159.blogspot.com/2010/08/af159-abuziad-fx-scalper-expert-advisor.html

 

what is so interesting about it? The reason why they only showed a backtest for 50 days is because it probably blow up in the period before that

 

Oh Man! Its a Grid counter trend EA strategy, made over 150 trades in 50 days!!

 

No wonder why they're not showing that much of a backtest, its an account blower!

 

ya and i just found out he wants $450 for it and won't provide any more details to a live broker account

 

Thats a big red flag!

 

using that indicator it probably takes FOREVER to backtest too.

 

what indicator? you mean the camarilla levels on his charts? His EA buys from the lower levels and sells from the higher levels taken based on the one minute chart, which makes these levels much weaker than the ones generated from higher timeframes. And since he does not use ANY reversal indicator (I know that just from watching his videos) if the price shoots up without reversing from the upper levels for example, his account will be wiped out

 

My "Jamal" EA is based on levels that are more powerful than these. it does a good job when manually tested on the charts during a consilidation market.

I could not find a good reversal indicator, but I do have a good indicator which signals a high probability of a breakout, if someone could point me out to a reversal indicator to add into my EA strategy, and add that breakout indicator to restrict the EA from trading during the breakout signals... my EA should see a lot of success and consistancy.

 

I have tried RSI and MACD which are supposed to be good reversal indicators, but they sucked when the strategy was coded based on their reversal signals. Trading on powerful Resistance/Support levels alone will wipe out the account once the currency pair shoots up or down without reversing. So adding a good indicator to filter out the trades is a must.

 

 

Please don't ask to share my EA

 

=)) =)) =))

 

 

 

You can watch the results From here

 

http://www.myfxbook.com/members/abuo_ziad

 

Or from here

 

https://www.ibfxconnect.com/profile/af159/stats

https://www.ibfxconnect.com/profile/af159_1/stats

https://www.ibfxconnect.com/profile/af159_2/stats

https://www.ibfxconnect.com/profile/af159_3/stats

 

 

 

But it is not On sale now Because it does not have a reason to sell it after it became Has more of a personal account I am so sorry for this intervention

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