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  #11 (permalink)  
Old 11-22-2006, 09:24 PM
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Join Date: Sep 2005
Location: Athens
Posts: 93
Yannis is on a distinguished road
Come on guys, no weakness? We all wish.
Of course it has weaknesses. Those of us long enough in the market and I mean live accounts, know too well that all systems in this market, manual or automated will suffer losses, have bad days and will need “adjustments” as time goes by. What we mean with adjusting to all market conditions is exactly that, its ability to dynamically change the params in ways suitable to each market situations. The concept remains the same but the core mechanism works differently when we ‘tweak’ certain parameters. You want to know what we believe makes Artemis Breakout better than other ea’s? Well it is what we ‘ask’ from the expert to deliver and the way we have coded it to do so. We try to do what might seem funny and obvious to many of you, we try to have small but very consistent gains, and keep as much as possible the loosing trades from slowly bleeding our accounts. We prefer staying aside than risking big losses. If you search for grid trading, huge / no SL, hundreds of trades, return around 500% a month, well Artemis is not for you, as it isn’t for us either. We don’t want an EA (and we all know many really good out there), that will double our account in no time. If an EA can do that, we are sure it will also do the opposite soon or later and before we realize, our account will suffer terribly (our health along with it).
An EA that can deliver +100 pips per month / pair on a constant base is all we need.
The rest is a matter of Mathematics only and it’s the easy part.
We are confident that Artemis Breakout can deliver that much, at least results so far are really backing up our position.

Speaking of bad days, yesterday was a very bad, very thin day as you all noticed, and as a breakout system Artemis did suffer, more or less depending on the settings used. Allow me to post one of our registered users comment today (email at anyone's disposition):

"As I posted yesterday, I am running GBPUSD, USDCHF & USDJPY on 5 minute timeframe plus NZDUSD, USDJPY & USDCHF on 15 minute timeframe, all running with the recently recommended settings. The account is viewable live by anyone wishing to access it to validate any trades, as per my earlier posting. Whilst it has only been running a couple of days, fully automated, hands off, yesterday as we all know it pretty universally produced disasterous results, with my account being no exception and drawing down well over 10%. The good news today is that it has recovered those losses in todays trades. It is good so see it is capable of performing in this manner.
If there are more good days than bad days, we might make some money long term.
Well done Artemis and well done Yannis for your efforts."
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  #12 (permalink)  
Old 11-22-2006, 11:01 PM
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Quote:
Originally Posted by Yannis
Really?
And this is your expert opinion?
Get serious. These are forward test results whether you like them or not. If you visit the non-registered members group you will see all the messages, results (good and bad) from registered members and you'll see we NEVER use backtests for any result.

No mate, this is not my expert opinion, it's was just my sincere one. Ok fair enough I was probably mistaken, but bottom line is that an EA should work 24/5 and should be able to withstand any major news releases. So tell me Yannis, does your EA milk out pips when running during the NFP report? Or does it just go into massive drawdown mode like the rest of the EA's.

I am not saying your EA doesn't work in totality, but I advise everyone on this board to exercise caution with EAs in general. They can be very dangerous.

In addition, these guys at Artemis have been accusing the guys over at WSS of posting fake results. Either you should provide the proof, or either you should keep quiet. Everyone go to:

http://winning-solution.net/indo/eng...rmance.php?id=

and see how good the results are. AND THAT'S ON ONE CURRENCY PAIRING. So mate, if your EA can match the performance of WSS, then yes, I will agree with you that it's a good EA. But if you're saying Artemis can get around a 100 pips per month, then this pales in comparison to WSS.
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  #13 (permalink)  
Old 11-23-2006, 05:01 AM
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Ok I think we all understand much better now, where your expertise comes from as well as your totally unbiased opinion for Artemis Breakout expert, so I will rest my case.
You're right, our expert and we are dangerous, and we too advise people too be very cautious.
You’re also right, how stupid of us to try and match these amazing results. Not a single loss within weeks and months, how can one compete with that in this market and match those results?
Believe me, NO ONE and as you said, their results DO speak for them, as do their registered users coming over to us. Amazingly enough, they changed their results page and start showing more losses just when we started posting that their results were fabricated, meaning simply, they conveniently take or deny trades on same conditions from days to days as they see fit.
Do you seriously believe that we want to match compounded, so called news results traded (?) manually, and manually traded (?) daily entries?
FYI, we DO handle news events with restricted hours within the ea, with which our users can let the ea run without taking any trade during that time.
Can yours do that? I’m sorry I meant theirs.
Unlike you, we don't loose our calm, i'm not in here to fight or to throw mud on anyone. We are all entitled to our opinions, you have yours, we have ours, both of us are judged by what we say or write.
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  #14 (permalink)  
Old 11-23-2006, 06:27 AM
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Posts: 127
Tross is on a distinguished road
Hi,

I'm going to try the 30 day demo on VelocityFX.
I've got a live account in the works. Mini not micro.

Just got to decide how much to risk! I mean invest.
Then I'll run through the installation and setup manual.

I plan to post a review of the documentaion supplied with this product. Because I've got great info from this site (TSD), I will also post results for a week or two depending on how it goes. (here)

There looks to be a lively support group at the purchase site also.

Tross
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  #15 (permalink)  
Old 11-23-2006, 06:51 AM
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Yannis is on a distinguished road
Tross,
Posting parts of the documentation is not permitted as you will read though the user's agreement.
But we do encourage all users and by all means, to post their results good or bad in any forum they wish to do so.
Yes we do provide our users (demo included) an immediate entry to our registered members group where we all exchange / verify / discuss about daily live trades, results, best suited pairs and settings.
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  #16 (permalink)  
Old 11-23-2006, 09:24 AM
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Quote:
Originally Posted by Yannis
Ok I think we all understand much better now, where your expertise comes from as well as your totally unbiased opinion for Artemis Breakout expert, so I will rest my case.
You're right, our expert and we are dangerous, and we too advise people too be very cautious.
You’re also right, how stupid of us to try and match these amazing results. Not a single loss within weeks and months, how can one compete with that in this market and match those results?
Believe me, NO ONE and as you said, their results DO speak for them, as do their registered users coming over to us. Amazingly enough, they changed their results page and start showing more losses just when we started posting that their results were fabricated, meaning simply, they conveniently take or deny trades on same conditions from days to days as they see fit.
Do you seriously believe that we want to match compounded, so called news results traded (?) manually, and manually traded (?) daily entries?
FYI, we DO handle news events with restricted hours within the ea, with which our users can let the ea run without taking any trade during that time.
Can yours do that? I’m sorry I meant theirs.
Unlike you, we don't loose our calm, i'm not in here to fight or to throw mud on anyone. We are all entitled to our opinions, you have yours, we have ours, both of us are judged by what we say or write.
Mate, no-one is accussing your EA of being horsecrap, so no need to take what I said personally. I'm just saying that it's always important to provide proof for claims. So if WSS are lieing, then evidence is imperative.

I haven't subscribed to WSS or Artemis. I am still analysing both systems...

By the way, what happened to Olympiacos last night in the Champions League?!

Last edited by fx_geezer; 11-23-2006 at 09:26 AM.
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  #17 (permalink)  
Old 11-23-2006, 09:52 AM
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My team (A.E.K Athens) is more modest than Olympiakos, but we managed to win Tuesday against Milan FC (God only knows how, but nevertheless the result will remain). Olympiakos took 2 well merited goals, they are the team with the larger supporters clubs in Greece, but their results outside the country leaves a lot to desire. Panathinaikos which is their 'eternal' ennemy is also not doing well either, i would say the whole Greek football is way behind. The only ray of sunshine is, as always, coming from the youngsters on the National team, with excellent palmares and results much better than the pros of the men's team.
But we are better on Basketball and 'water' games like polo, windsurfing, boat racing etc.
What is YOUR team btw?
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  #18 (permalink)  
Old 11-23-2006, 10:33 AM
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I don't support any team in particular, just admire any good football being played anywhere.

Mate, forget the fact that AEK beat Milan, because Milan are already through and therefore weren't arsed. What I'm still in shock over, is how on earth did Greece manage to win Euro 2004 in Portugal ?!?!
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  #19 (permalink)  
Old 11-23-2006, 10:59 AM
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Agree on good football. The best of all sports, for me at least.
Hmm... Greece and Euro2004. A very tough one, I don't think anyone will ever be able to answer.
It was something like Time meets Price on GBPUSD, or maybe to prove that the phrase Not in this lifetime must always be used with extreme caution?
Who knows?
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  #20 (permalink)  
Old 11-23-2006, 12:09 PM
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karp29 is on a distinguished road
Is this EA has MM??
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