$10k to $21 million

[leeb]

Indeed your question is very pertinent, I am not a millionaire because I have only just finished developing and testing the system (last month) and I am trading it live but would like to raise more capital so I can see a quicker increase in lot size etc.. I have faith in this system, you need to be patient though as it may only trade 2-6 times a month but I believe it can perform as well in the forward test. Anyone interested should check out www.peakprofit4x.com and draw their own conclusion, I realise everyone (including me) has had many bad experiences with EA's I believe this one to be the best I have seen and very different.

[mcbalta]

Hello,

Your back tests are on 5 min. eur charts. Bt you also show a one hour euro chart on the web site. What is the main period of this expert?

thanks.

[leeb]

It works well on 1min up to 1hr but should be attached to 5min charts for best results. the 1hr chart is shown just as the timeframe is more condensed to show signals it generated.

[mangman]

I have taken a look at the backtests.

They seem honest. They also seem not to have been curve fitted.

If you notice the results show dips and flatlines in the account balance and equity.

The results show 40 maximum consecutive losses. Despite that, it is able to recover from it and come up a winner in the long term because of the money management it uses. This EA will produce periods of drawdown. In other periods it more than make up for it.

You could have a forward tests that show 90 day period of good results. That does not mean a lot. The backtest posted shows what the EA is capable of doing in the long term.

Since the EA is sold through Paypal, and if the seller sends you an EA other than the one for which backtests represented, you can get your money back.

There was a scammer earlier who posted forward results of MOM EA Auto was selling. He received payment through through E-Gold and delivered an EA that was crap, and not the EA that produced the good results. Since E-Gold does not refund people who did not receive the proper products/services, those who got scammed did not get the money back.

As with any EA that is based on a good strategy, you have to be patient and let it do its thing. You will have to check your account ocassionally to see if any of the losses were due to bad ticks.

[leeb]

Hi, anyone purchasing the system can be assured this is the EA they will receive, there are a lot of scammers like AutoFX but this system is unique and I have been interested in trading for many years. Regarding consecutive loses, it may seem large as the aggressiveness of the EA for backtests was set to maximum, you can start with less aggressive settings and have much less drawdown. I have spent a long time backtesting the system to ensure results are honest.

[SirKhan]

How about a trial?

[leeb]

Hi SirKhan, as I have stated the system only trades a few times a month so a trial period would be too short. I have already shared forward test results so far as well as offering 90% modelling quality reports - could you do the same for your system ?

[SirKhan]

Originally Posted by leeb

Hi SirKhan, as I have stated the system only trades a few times a month so a trial period would be too short. I have already shared forward test results so far as well as offering 90% modelling quality reports - could you do the same for your system ?

More than that currently I'm doing a Live trading week besides the backtest results and performance images of course.
Well it's hard to imagine that a system is capable of doing what you say but $200 is too much for me just to get an answer Sorry.

[leeb]

OK, SirKhan thanks for the feedback sorry the price is too high for you. Wish you all the best with your trading method. Kind Regards

[mrv]

I see some people are really into it I have created EA that turns 1k USD to ~700k in 6 months (2006.08 - 2007.01) and runs on D1 timeframe. Of course, to reach such a wonderful result I had to optimize it on this time period and then apply maximal reinvestment ratio After optimisation it even has ~95% of winning trades, so you have everything you need to be ecstatic about it. Other periods - to be frank, results may vary
Conclusion - guys, no matter how much you want it and how much you believe in it, there is no holy grail. Can there exist an EA, that multiplies starting capital 2100 times in 6 years? Maybe. Does it work without all these tricks (overoptimisation, wild reinvestment etc)? I really doubt that. After all, if I had such an EA, I would borrow money to trade with it. Banks can give you credit, if not banks - your mother or this bad ganster will surely give you some, and no matter what interest rate you will get, with such return you only need time to become new Bill Gates.
Conclusions? Let everyone make its own. And for those really impatient ones - I can sell you mine piece of art, if you still want it