DeathStar Posted December 19, 2011 Report Posted December 19, 2011 Does anyone have any information about the Vengeance EA which trades the EUR/USD?, shown in the MyfxBook listed below? http://www.myfxbook.com/members/Kookoo/scalper-ea--vengeance-ea/189450 Quote
swordfish Posted December 21, 2011 Report Posted December 21, 2011 I think they closed down the website and the sales of the EA to preserve it's effectiveness. Does anyone have any information about the Vengeance EA which trades the EUR/USD?, shown in the MyfxBook listed below? http://www.myfxbook.com/members/Kookoo/scalper-ea--vengeance-ea/189450 Quote
Stormin_Norman Posted December 22, 2011 Report Posted December 22, 2011 yep. its a martingale system which goes along happily then at some point loses 6 months worth of profit in one go. to get around this the developers hard coded those stop losses out of the backtest and don't let you test it before 2010. ingenious. http://www.multiupload.com/YMJVD8KK0C Fmfx and DeathStar 2 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
DeathStar Posted December 22, 2011 Author Report Posted December 22, 2011 Thank you for the Share Quote
123456781 Posted December 22, 2011 Report Posted December 22, 2011 The EA says on my demo account "Free Margin is dangerously low, Vengeance will not open new ord." Now what can I do now? Quote
sammy Posted December 22, 2011 Report Posted December 22, 2011 The EA says on my demo account "Free Margin is dangerously low, Vengeance will not open new ord." Now what can I do now? Forget about it ;-) tomislav 1 Quote
steadywinner Posted December 22, 2011 Report Posted December 22, 2011 It is a dishonest copy of SteadyWinner EA. The coder changed the code to make V5.0 to open many trades. He also put in some cheating code so that the EA does not trade on certain days. Quote
Stormin_Norman Posted December 23, 2011 Report Posted December 23, 2011 It is a dishonest copy of SteadyWinner EA. The coder changed the code to make V5.0 to open many trades. He also put in some cheating code so that the EA does not trade on certain days. and did a completely shithouse job at it. 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
123456781 Posted December 23, 2011 Report Posted December 23, 2011 I made in my backtest 10.000$ to 2.000.000$ in 1 year with no lose trade and drawdown 4%. So can somebody tell me if it is working on real or demo account? Quote
Stormin_Norman Posted December 23, 2011 Report Posted December 23, 2011 incase you missed it: yep. its a martingale system which goes along happily then at some point loses 6 months worth of profit in one go. to get around this the developers hard coded those stop losses out of the backtest and don't let you test it before 2010. ingenious. 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
VladimirM Posted December 23, 2011 Report Posted December 23, 2011 It is a dishonest copy of SteadyWinner EA. The coder changed the code to make V5.0 to open many trades. He also put in some cheating code so that the EA does not trade on certain days. SteadyWinner EA using indicators, MA 605 & MA 700 & WPR & Stoch & ATR. Vengence uses MA 20,50,100,200,300,400,500 & CCI & Hull MA, HMA. Quote
samansaeine Posted December 23, 2011 Report Posted December 23, 2011 SteadyWinner EA using indicators, MA 605 & MA 700 & WPR & Stoch & ATR. Vengence uses MA 20,50,100,200,300,400,500 & CCI & Hull MA, HMA. SteadyWinner V4 under is using indicators, MA 605..... and V5 using MA 50,100,200,300,400,500 WPR MFI AC Vengence uses V5 and CCI & Hull MA, HMA Quote
nico1969 Posted December 25, 2011 Report Posted December 25, 2011 I checked the source code and it's not using HMA, Hull MA, ... because it's inside a if statement that is always false. It really is a copy of SteadyWinner. Quote
stellar Posted December 27, 2011 Report Posted December 27, 2011 do you know best setting for this EA? Quote
steadywinner Posted December 28, 2011 Report Posted December 28, 2011 This is Ming from steadywinner.com We have found that Vengeance EA is a clone of SteadyWinner but with many trades. Actually we are developing a Pro version of SteadyWinner which is similar. Many people write and ask about the Pro version, and I answer all questions. The scammer also stole this idea from me. He made SteadyWinner open 9 trades at a time , but could not make it profitable. So, he decided to cheat. He added a day filter to ask the EA not to trade on certain losing days. The coding of Vengeance EA is actually very poor, when the cheating code is removed, the backtest is like this: http://steadywinner.com/Vengence-modified.gif Please visit http://www.steadywinner.com/signal.html You will see the difference between the genuine SteadyWinner EA and this Vengeance EA. Quote
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