newbee1713006039 Posted July 31, 2011 Report Posted July 31, 2011 Does s.o. have 1.16 educated? Quote
newbee1713006039 Posted August 1, 2011 Report Posted August 1, 2011 Hello here is the MDP v1.16 at http://www.multiupload.com/W71RR8JZ87 needs to be decompiled and educated. taipan 1 Quote
apple1937 Posted August 3, 2011 Report Posted August 3, 2011 Heard that V1.16 is very hard to be educated.....:( We are waiting for a Genius to help.. Quote
loulou69 Posted August 6, 2011 Report Posted August 6, 2011 somebody can educate this EA ? Thanks Quote
ForexMike Posted August 8, 2011 Report Posted August 8, 2011 Sure would appreciate this one. ForexPeaceArmy shows the best on-going testing results to date. Quote
jamestan1978 Posted August 8, 2011 Report Posted August 8, 2011 No one could educate this I think the encrypting technology is too advance. It would be wiser to buy the original and if 60 days no good then refund. Quote
apple1937 Posted August 9, 2011 Report Posted August 9, 2011 For V1.16, the EA does not have "safe" mode, thus it will open a trade with the preset risk of 1.5%. Bear in mind that the EA can open more than 10 positions during a very short session, if all the trades move in our favor, we will be profiting a lot... :) But as what had happened on last Thursday, the market did not move in our favor and the EA opened sell position for usdJpy in the upward market... so 11 out 13 positions opened by the EA hit Stop Lose and in less than a minute, most accounts down by 18%...:( so be aware... Quote
apple1937 Posted August 9, 2011 Report Posted August 9, 2011 This EA is just like another " Roller Coaster" (Besides FGB) If does not control the risk properly, it will either move your account to heaven or else to hell. :( Quote
mograst Posted August 9, 2011 Report Posted August 9, 2011 they should call it "Russian Roulette" Quote
apple1937 Posted August 9, 2011 Report Posted August 9, 2011 Hahahahaha...:) My friend showed me his account yesterday and I could observed that his balance before this " Russian Roulette" hit was $2.4K.... Within a minute, it was down to $2K... Never prepared to see such a BIG lose in seconds with 1.5% default risk...:) Quote
dandawman Posted August 9, 2011 Report Posted August 9, 2011 1.10 allows safe mode... Ive only had it running 2 days on live so nothing really to go on but its slightly profitable, nothing to write home about, but still to early to say i wont see a bad day like they are complaining about. Quote
dandawman Posted August 10, 2011 Report Posted August 10, 2011 well i had that bad day lol... i mean the stoplosses arent so bad that it really hurt the account but negative is negative... ill give it one day to become positive if not its off Quote
pro Posted August 10, 2011 Author Report Posted August 10, 2011 This EA is just like another " Roller Coaster" (Besides FGB) If does not control the risk properly, it will either move your account to heaven or else to hell. :( this EA comes from the FGB vendor... Quote
krisware Posted August 10, 2011 Report Posted August 10, 2011 I was running 1.1 on live and on demo with one ECN broker ... demo results are impressive, but live ... lossses one after another ... problem is execution time ... prices jump from one place to the other and if it closes is neve the same as EA wants ... this is because my ECN account does not use slippage and closing/opening price are always differen from executed one ... so ... You should try to find realy fast ECN broker or 5digit non-ECN broker with smaller spread than 2pips ... one more thing ... 1.1 opens less orders and so is the risk lower Quote
newbee1713006039 Posted August 11, 2011 Report Posted August 11, 2011 Since when is the risk lower, when you open less orders? It depends not only on the amount of ordes but also on the size of the orders and of course placing the orders at the right time on the right direction! I have used 1.1 and was not really impressed, but the backtest where almost the same like the real trades. So I made a backtest with 1.16 and since the 4th august I only use 1.16 on my ECN broker account. I can say that 1.16 is much better and more successful although I have it set up to open up to 8 orders at one time. Quote
apple1937 Posted August 16, 2011 Report Posted August 16, 2011 Since when is the risk lower, when you open less orders? It depends not only on the amount of ordes but also on the size of the orders and of course placing the orders at the right time on the right direction! I have used 1.1 and was not really impressed, but the backtest where almost the same like the real trades. So I made a backtest with 1.16 and since the 4th august I only use 1.16 on my ECN broker account. I can say that 1.16 is much better and more successful although I have it set up to open up to 8 orders at one time. Watch out for your risk setting. If you put 1.5%, if all the 8 trades open are winners, you will have 12% gain within a minute.... What if all the trades go against and lose... you will have 12% lose the other way round.... Just prepare for the worst happen...:) Quote
apple1937 Posted August 16, 2011 Report Posted August 16, 2011 I have few friends who used V1.16 with 1.5% risk for Usdjpy. On 4th of this month when UsdJpy suddenly shot up and the EA opened 12 trades with 9 losers, they suffered more than 15% lose within a minute.. Such an unforgetable memory to them :( Quote
csa1234 Posted August 16, 2011 Report Posted August 16, 2011 Im using 1.1 live on my IBFX Australia, and the results so far are very promosing. Quote
dandawman Posted August 16, 2011 Report Posted August 16, 2011 csa1234 are you using safe or normal mode? Quote
newbee1713006039 Posted August 17, 2011 Report Posted August 17, 2011 Watch out for your risk setting. If you put 1.5%, if all the 8 trades open are winners, you will have 12% gain within a minute.... What if all the trades go against and lose... you will have 12% lose the other way round.... Just prepare for the worst happen...:) Hi apple1937, it does not always open 8 trades ;-) Quote
apple1937 Posted August 17, 2011 Report Posted August 17, 2011 Yeah.. I know it doesn't always open 8 trades, sometime lesser or more....:) If you set the risk to 1.5%, just prepare that it might hit SL for all the trades whether you can accept that or not... Quote
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