Freddie Posted September 21, 2010 Report Share Posted September 21, 2010 hie Freddie... so the statements are fake. That is what others have said on this thread and what Mark Fric has said in his e-mail. I reply to those e-mails to tell them that they are scammers and crooks along with the Auto-pips crew are. Quote Link to comment Share on other sites More sharing options...
indo37 Posted September 29, 2010 Report Share Posted September 29, 2010 (edited) Is there upgrade 3.1? Thanks and regards indo37 Edited September 29, 2010 by indo37 Quote Link to comment Share on other sites More sharing options...
Freddie Posted September 29, 2010 Report Share Posted September 29, 2010 Had an e-mail today from MF giving the latest info about his system... Manual trading was better than the EA last month. ...and the advice that a later EA does better. I think that an ordinary BO would do better but cannot be bothered to test it. Quote Link to comment Share on other sites More sharing options...
Gaugas Posted September 29, 2010 Report Share Posted September 29, 2010 Please upload EA 3.1 Quote Link to comment Share on other sites More sharing options...
joeytrader Posted September 29, 2010 Report Share Posted September 29, 2010 The FMT EA, unfortunately, is still on the "Black Book List" in the "Expert Advisors" section of the forum. But, fortunately, the author seems to indicate manual trade has actually been doing better than the EA anyway. So we are not losing that much trading without it. Personally, since I cannot use EA on my live account broker, so I have not tested the author's claim. Quote Link to comment Share on other sites More sharing options...
hedgehog Posted September 29, 2010 Report Share Posted September 29, 2010 I guess the EA does what you do manually anyways. But from experience, when I put the EA on different platform, at times, some get triggered and others don't. It depends on the servers I suppose. Also there are times I close the trades manually instead of letting it hit TP and that has saved me from losses on several occasions. I sincerely believe trading needs judgement and discretion, and cannot be left solely to an EA, unless of course you don't really care if you can make money or not and just like to be entertained by a robot :-) On a different note, perhaps the EA was coded for people who live in time zones that are inconvenient for them to be up and about at that trading hour. I count myself lucky because I am in a time zone that allows me to actually observe price action hours before the trade takes place. Hope that helps. Quote Link to comment Share on other sites More sharing options...
FreddyFX Posted September 30, 2010 Report Share Posted September 30, 2010 NOTHING beats trading manually, otherwise the banks could send thousands of white collar workers home. hermes 1 Quote Link to comment Share on other sites More sharing options...
Zoki Posted September 30, 2010 Report Share Posted September 30, 2010 In case of manual trade yesterday at GMT 4:30 on some brokers platform the trade has been triggered (momentum clearly above 100), but on some other brokers platform not triggered (momentum clearly below 100). What could be the reason for the mentioned difference in momentum value in different MT4 platforms? Quote Link to comment Share on other sites More sharing options...
torito1 Posted September 30, 2010 Report Share Posted September 30, 2010 so what broker do you use? In case of manual trade yesterday at GMT 4:30 on some brokers platform the trade has been triggered (momentum clearly above 100), but on some other brokers platform not triggered (momentum clearly below 100). What could be the reason for the mentioned difference in momentum value in different MT4 platforms? Quote Link to comment Share on other sites More sharing options...
Zoki Posted September 30, 2010 Report Share Posted September 30, 2010 E.g. at FX Pro triggered, at MIG Bank not triggered. Quote Link to comment Share on other sites More sharing options...
hedgehog Posted September 30, 2010 Report Share Posted September 30, 2010 It's a server thing..... Different server print prices differently over time, therefore the Momentum and CCI indicator compute differently. The slightest difference will do that to the indicators. Quote Link to comment Share on other sites More sharing options...
joeytrader Posted September 30, 2010 Report Share Posted September 30, 2010 In case of manual trade yesterday at GMT 4:30 on some brokers platform the trade has been triggered (momentum clearly above 100), but on some other brokers platform not triggered (momentum clearly below 100). What could be the reason for the mentioned difference in momentum value in different MT4 platforms? Not directly related to your question, but I thought I want to mention that, I may be wrong, but I thought the trigger time is 6:30 am London time, which currently is 5:30 GMT, and not 4:30 GMT? Gaugas 1 Quote Link to comment Share on other sites More sharing options...
indo37 Posted September 30, 2010 Report Share Posted September 30, 2010 Yes, the manual expressively says 5:30 GMT indo37 Quote Link to comment Share on other sites More sharing options...
Zoki Posted September 30, 2010 Report Share Posted September 30, 2010 Thank you for the feedbacks. The point in connection of the time zone is good (but for me the backtest results are still acceptable for 4:30 GMT, and that time fits better to my daily time schedule). Anyway I have realized that because of discussed slight difference in prices the backtest results are also not the same in the different MT4 platforms (using the same mq4 indicator and adjusting the same time zone). Pobably the momentum indicator is very sensitive to the slight price differences. Quote Link to comment Share on other sites More sharing options...
hedgehog Posted September 30, 2010 Report Share Posted September 30, 2010 London is now in Daylight Savings Time, so that is GMT+1 for London. Get a time indicator. That would help. Quote Link to comment Share on other sites More sharing options...
wareswaldo Posted September 30, 2010 Report Share Posted September 30, 2010 I think there are some programming errors in the EA anyway with respect to 5 digit brokers and the trade limits and trailing features. I get good profits on my 4 digit brokers but the trailing and TP failed on all my 5 digit accounts. I think the idea is solid, but I am going to have to write my own EA for this one to make sure it is doing what it is supposed to do. Maybe the new EA is better, but I haven't purchased yet... saendee 1 Quote Link to comment Share on other sites More sharing options...
indo37 Posted September 30, 2010 Report Share Posted September 30, 2010 On T2W many report September results of more than 250 pips. Outstanding. indo37 Quote Link to comment Share on other sites More sharing options...
saendee Posted October 1, 2010 Report Share Posted October 1, 2010 I think there are some programming errors in the EA anyway with respect to 5 digit brokers and the trade limits and trailing features. I get good profits on my 4 digit brokers but the trailing and TP failed on all my 5 digit accounts. I think the idea is solid, but I am going to have to write my own EA for this one to make sure it is doing what it is supposed to do. Maybe the new EA is better, but I haven't purchased yet... It would be great if U could re-write the EA & share Quote Link to comment Share on other sites More sharing options...
bankroll Posted October 4, 2010 Report Share Posted October 4, 2010 @joeytrader Also, although I can no longer post the link. If your internet searching skill is good enough, you can try to find the author's own trading journal in another forum. It seems to have attracted quite a active following, with already over 140 pages of posts within 1 month since starting. Browsing through their posts may give you a better idea if this system is what you want. Would you post this thread here with Mark Fric's trading journal? I guess it's no trade secret so just feel free to post it! Edit:James, I have sent you a pm, please check before your purchase, I have some supplemental notes you may find useful. You can send this info to me as well or share here on the forum... If it's not too personal. :) Quote Link to comment Share on other sites More sharing options...
joeytrader Posted October 4, 2010 Report Share Posted October 4, 2010 @joeytrader Would you post this thread here with Mark Fric's trading journal? I guess it's no trade secret so just feel free to post it! You can send this info to me as well or share here on the forum... If it's not too personal. :) As i do not know how strict (or not) are the moderators about sharing black-listed stuff here on the open forum, it is just safer for me to not post direct links, and ask interested forum members to do an internet search instead. Or follow the following instruction: The trading journal thread is in the T2W forum. Just navigate to http://[email protected] and look into the "Trading Journ@ls" section. You can't miss that thread within that section, as it is one of the most active ones there. As to my pm to James, it is nothing personal or big secret, I merely suggested James to check into the trading journal thread mentioned just above, as I suggested to him that reading the posts from actual users there may give him a better idea if this system is right for him before his purchase. I am always a believer in doing some research before making a purchase like this. Quote Link to comment Share on other sites More sharing options...
conglo Posted October 5, 2010 Report Share Posted October 5, 2010 You can easily find this if you just Google it. Quote Link to comment Share on other sites More sharing options...
bankroll Posted October 6, 2010 Report Share Posted October 6, 2010 Thanks for the PM joeytrader! Now everything is clear I am sorry I cannot send you a PM, since my number of posts are not sufficient. Quote Link to comment Share on other sites More sharing options...
Guest fxprofits Posted October 9, 2010 Report Share Posted October 9, 2010 which day does London market goes into daylight saving???? please. Quote Link to comment Share on other sites More sharing options...
joeytrader Posted October 9, 2010 Report Share Posted October 9, 2010 (edited) which day does London market goes into daylight saving???? please. Currently London is already in daylight saving, which started in Sunday March 28, 2010. Then, London daylight saving time will end on Sunday October 31, 2010. see here: http://www.timeanddate.com/worldclock/clockchange.html?n=136 So that means, on the first trading day in November, Monday 1 November, depending on your broker's practice of setting its broker's time, you may need to be careful of the starting time for the system. For the first day in November, if in doubt, just check the world clock (you can google it) to be sure what time it is in London. Edited October 9, 2010 by joeytrader Quote Link to comment Share on other sites More sharing options...
Guest fxprofits Posted October 10, 2010 Report Share Posted October 10, 2010 what is the best and tightest stop-loss to be use in this system as per results in back-tests.. please share.. 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.