hi all

Can anyone kindly show us forward testing results these EA's have generated so far.

thnaks in advance

The pdf says it expires in Late July. cheers

I will test it,those days.........

Do one have to placed the correlate EA on both GBPUSD and USDCHF charts?
Or placing it on GBPUSD is enough?

Hi,

To answer a few questions posted here:

The correlator can be attached to any currency pair and only needs to be on one chart. I stick it on a currency pair that I would not normally trade. The pair to trade is selected in the input fields. In that way another EA can be set up on one of the primary currency pairs if wanted.

I forgot to change the date in the pdf. This version works until early August.

I don't know about that error message. It is not generated by the EA, and the EA places market orders, with slippage allowed. I've never seen that message on my computer. Perhaps you could try the GBPJPY/CHFJPY to see if it also gives an error message?

I haven't done any forward testing or back testing as I find that to be irrelevant in this kind of system. We don't use indicators to make trades. With the correlator, the primary goal is to stay in the trade to collect/reinvest interest with a secondary goal of grabbing profit on any positive swing action.

With the checkgrid, the goal is to stay in the grid and grind out the profits. To do this effectively we need a very wide grid, and some sort of hedging strategy to protect against price movement to the edge of the grid. That can be stops, the hedge trading feature, options, or possibly trading in only one direction with the market trend. I'm undecided if the hedge trader or the stops is the best choice. One exposes the trader to potential negative interest buildup and the possibility of stop losses being hit on the hedge trader, and the other to a stream of small losses.

I find the options to be too expensive for my budget and one-directional grids violate one of my goals - to write something that is useful to those who cannot read a trading chart.

Take care,
Bill

Why is it that the EA does not put on trades on backtest mode?

I don't know anything about backtest mode. I prefer to let it run live on a demo. That is the only real way to get a feel for the dynamics of a program.

Take care,
Bill

Hi everyone,

All current versions of the CheckGrid and Correlator programs will expire in the next two weeks. They will be replaced by versions designed for live trading. Here is how it will work:

SOFTWARE UPDATES/UPGRADES
Each month a new version of all software will be released. This is to ensure that everyone is using the latest versions of the programs, and will simplify technical support. Each month demo versions will be posted on http://homepage.mac.com/billbarnsley/FileSharing50.html Password: Friend

DEMO SOFTWARE WILL CONTINUE TO BE FREE
There will be no fee to run these programs on demo accounts. However, technical support will be provided first to licensed users.

LICENSED SOFTWARE WILL WORK ON LIVE ACCOUNTS
Licensed, live copies of all my software is available to the first 100 users at this time. This is NOT to create a stampede, or to imply that the market can’t handle as many traders as we can throw at it. It is due to the technical support time limitations. I will provide technical support via email and phone for my licensed users on ANY platform they choose to use. I wish to provide proper technical support, and software development/upgrades to licensed users.

Licensing will entitle a user to the growing collection of software I will provide for one monthly fee. In development for next month are a news-trader designed to eliminate losses due to whipsaws and false spikes; as well as a trending market trader.

The licensing will be $100/month payable through Paypal on a first come/first serve basis the first month. Beginning in the second month, existing users can license their software before any new users are permitted. The Paypal recipient is pacificforexgroup@yahoo.com.

Licensed copies of the software will be distributed to users each month.

These programs have been posted on other forums, but WTA members will have access to live software before it is offered to other groups next week.

LIVE SOFTWARE WILL BE FREE FOR PACIFIC FOREX INVESTMENT CLUB MEMBERS
Those who join Pacific Forex Group will receive all my current and future programs FREE each month.

Pacific Forex Group members receive the benefits of Forex trading with none of the work. I am trading for an investment club using the software I wrote.

Membership in Pacific Forex Group is also limited to 100 members. This is due to SEC investment club regulations. We have room for 50 more members. Please contact me directly for more information if interested.

QUESTIONS?
Just ask and I will do what I can.

Take care,
Bill

Hello,

your first post is from 06-22-2006
you would have to have Results from Demo or Live of your EA

if you can show them please

regards,
Alex

It is ok to charge for something you know works, how can we tell it really works? Anyone have any experience with this apart from the author?