Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time). Click here to register and get more information
newdigital, is this thread only open to people who have purchased the commercial system or are a paying member of a commercial group?
Many sane people have not, and never intend to purchase some of the scams (imo) that are being actively perpetrated in this forum, but still may have an opinion...
PS - I was referring to all of the 'Evaluation' threads, not just this one.
Now some kind of sorting is going on. As a results for this sorting we will have just ... i don't know ...may be ...5 or 15 commercial threads only.
Some new commercial people are preparing themselves the evaluation trying to get in contact with senior members of our forum who are the specialists on some subject. That is why you did not see any new commercial threads: they are preparing their own evaluation. For example, some member wants to sell martingale EA so he will try to find someone on our forum who will be well-known and reputable for us and who is the specialist on martingale EAs. We are having many specialists on the forum so they can evaluate and it is always the subject of an agreement between the vendor and person who is going to evaluate. It will help us to protect the forum from the scammers and persons (who are evaluating) will get something from vendors. Those persons must be well-known and reputable for us.
Commercial threads are acting as a property for vendor and those evaluation threads are something related to our forex tsd forum. Evaluation threads will help us to regulate this commercial subject on the forum in very easy way without any attacking and so on. It is much better then rely on administrator's opinion because sorry I feel that i am specialist but I am not specialist for all the sciences and forex subjects. It is impossible to rely on one opinion only even if this opinion is my opinion.
Evaluation threads are our forum threads and everybody can post. Every post on this section is moderated by me but later on it will not be moderated. We all will see how this thing will be going on ...
Everything that I am doing now generally for commercial and other sections i am doing with one global purpose only: I want for this forum to be self-regulated by our community as much as possible. I am having good health but ... one person can not do everything and can not regulate everything.
Commercial section is something we needed to start with.
Last edited by newdigital; 11-21-2007 at 06:47 PM.
Thanks.
That's not a problem: you can start, many people can join and continue. How can I evaluate if I knew nothing about your system? People will ask me and i will say "i don't know" they will say "how you don't know?" and "don't you know?" I will reply "I don't know" and they will say to me "and who are you do you remember: name for examle?" ... Joking (it was real talking by PM today with some member who asked me).
Besides this evaluation thread is permanent thread and this thread is related to our forex tsd forum. Every commercial thread will have additional evaluation thread.
You refer severall times to the public zorro system.
But actually the system that we use is based on the T_S_R system FXiGoR-(T_S_R) very effective Trend Slope Retracement system
The rules that we use in our system are 100% identical of those that can be found on that topic. But with an other exit strategy.
We are using only a very small portion of the zorro system.
The rules that we use on the zorro system have changed in a very big way that one can nearly find anymore valuable information on the zorro topic.
So one could say it is 50% T_S_R system and 50% zorro system but the zorro revised in big way.
The key element of the succes of the zorro trading group or the results that the group produces is based on trading severall pairs to deversify the risk and the money managenment that we use in taking in 2 lots and taking profit on T/P levels. After taking out the T/P levels we have emmidiatly B/E levels that come in to play. That sort of money management makes that we boost up the hitrate in a big way BUT without having the problem of a low reward/risk ratio.
Because systems that have a hitratio well above 50% have the caracteristic that the stoploss becomes severall times bigger then the profit target. Or that the average losing trades is severall times biger then the average winning trade.
With the system (or money management) that we use that is not the case.
We have a hitrate above 60% but the average winning trade is still bigger then the losing trade.
Hopefully this gives a bit more information about the system we use in the zorro trading group. I still use the name "ZoRRo" because our system is based on Zigzag indicators and on the principle Reversall and Retracements.
Regards...iGoR
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) MT Intelligence - Stats for fxigor1
1) how the commercial indicators were coded? It is some improvement of someone else public indicators?
2) what are the differencies between public Zorro indicators and commercial Zorro indicators?
3) will the members have the possibility to trade Zorro system using public Zorro indicators and their own trading technique/rules if they don't want to pay for commercial?
4) how long this commercial system was tested before posting on the thread? Forward testing? backtesting? Any statements?
[quote]
Anwers:
1) The 2 most important indicators that are used is a HULL MA and a zigzag indicator.
Those 2 indicators are inbedded in 2 new indicators that are the compleet system and contain all rules and idicators that are invented and develloped by me and that were programmed in MQL by Alex_winner.
There is no way that one can say that what we use is some sort of existing public indicator or setup or system that is improved.
50% of our system is to be seen on the T_S_R trading method and can be learned true the education videos that are posted here : http://www.forex-tsd.com/49358-post2.html
Be awere that the times frames and the exit rules and some of the values are totaly different.
2) The difference is that the indicators that are used in the zorro trading group can be purchased and used if one pays his monthly subscription and that the ones who pay the subsrciption can freely use the ones on the public topics
3) A bit of a strange question..but of course people who only use the indicators that can be found publicly, can never trade the same setup or system that is used in the privat group.
Aagin can someone ask for a free glas of perrier in a bar because at home water is running for free from the tap?...
4) This system is based of a combination of systems setups methods that were used over a long period of time in the paltalk room and that were partialy tested on Metastock professional.
The system as used now was not backtested and is now forworth traded every day. It is the result of nearly 12 years experience.
Every day or at least at the end of the week the results are published according the signals that apear on the MT4 platform of each member of the group.
If a member of the group wants to post his results that is his choise. If he wants to keep them privat that is his choise also.
I personally do not trade the forex but take trades on cme currency futures. I do not have the possibility to trade G/J, E/J and NZD because of not available or way to much spread.
So my personal results can NEVER match the results that one can trade with those pairs included.
ex. today the total result was + 690 pips.
The G/J made a profit of +225pips, the E/J was responsible for + 121 pips and the NZD made a + 86 pips profit.
If one deducts these profits from the overall profit that would leave it to +258 pips.
If I claim in an excel sheet that we make +690 pips based on all the positions taken and I show a statement that would make + 258 pips how serious will people take me ?...
I can not say this enough: the results that I post are 100% accurate and according the signals that apear between 07.00gmt and 17.00h gmt on the trading platform of each member of the trading group.
If a member would see that I post results that do not correspond according what he saw on his screen I ask explicitly to repport this even here on this public section.
I can always make a mistake but the results are made with the help of a excel spreadsheet. That spreadsheet is the DDE link that is in the main folder of each MT4 folder. The results are calculated by an REAL TIME update of the prices that are provided by MT4.
This way we have a continous overvieuw of the profits and losses of the closed and open positions in RT.
I have always defended in a very strong way, here on this forum, the fact that newbies need to be protected and that scammers or bullshiters should be banned or trown off this forum. I can ashure you that I would be the very last to attracked people in the zorro group based on fake results or tricked results or results that do not correspond whit what people could make if traded each of the entry and exit signals.
I warn people very explicitly in the beginning of the month that if the system ends up with a profit at the end of the month and someone would end up with a loss instead, that he should make the conclusion that he is not made for trading and should better pick up a normall 9- to 5 job. Where others with commercial intentions would say: don't worry it will get better in the future in a couple of months you will see that it will change.
regards..iGoR
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) MT Intelligence - Stats for fxigor1
Evaluation of the Zorro trading system, ok
It is made up of already existing free indicators available on here, maybe they have some altered settings/colors etc but usually people share there setting on here not sell the settings.
Its made up of lots of moving averages etc high lows etc ZZ, PCS, HAS etc etc
In combinations they can be good.
However the data they work from is important, are any of the trades being generated from these indicators remade for e-signal on good data on e-signal? Or are they all being done on MT4 broker data?Because these indicators always seem to fail on that.
The people all trading together, a good thing of course exchange ideas and views increase confidence etc, but many people already do that for free all over paltalk, skype, yahoo etc they don't need to pay for it.
Is it a good system?Its not an extremely crappy bad one, thats for sure, but then many can be made up like this for free, that come and go, and are not worth paying money for.If it was something new, something unique then sure its probably worth some money but, this system is not.
Ok so we have free indicators, free chat room, not worth paying money for.
Doesn't mean it doesn't work just isn't worth paying for.
1)Results posted are for all signals provided and not traded by everybody due to individual circumstances
2)Refund conditions if iGoR is absent or misses sessions.It does not matter if he does not give any refunds.He needs to state it.This will save adminstrator any headache in the future.
3) A free trial period of one week should be provided and infact like a good businessman , he should offer one free month to all newbees to decide if his trading room is for them.
Now some kind of sorting is going on. As a results for this sorting we will have just ... i don't know ...may be ...5 or 15 commercial threads only.
Some new commercial people are preparing themselves the evaluation trying to get in contact with senior members of our forum who are the specialists on some subject. That is why you did not see any new commercial threads: they are preparing their own evaluation. For example, some member wants to sell martingale EA so he will try to find someone on our forum who will be well-known and reputable for us and who is the specialist on martingale EAs. We are having many specialists on the forum so they can evaluate and it is always the subject of an agreement between the vendor and person who is going to evaluate. It will help us to protect the forum from the scammers and persons (who are evaluating) will get something from vendors. Those persons must be well-known and reputable for us.
Commercial threads are acting as a property for vendor and those evaluation threads are something related to our forex tsd forum. Evaluation threads will help us to regulate this commercial subject on the forum in very easy way without any attacking and so on. It is much better then rely on administrator's opinion because sorry I feel that i am specialist but I am not specialist for all the sciences and forex subjects. It is impossible to rely on one opinion only even if this opinion is my opinion.
Evaluation threads are our forum threads and everybody can post. Every post on this section is moderated by me but later on it will not be moderated. We all will see how this thing will be going on ...
Everything that I am doing now generally for commercial and other sections i am doing with one global purpose only: I want for this forum to be self-regulated by our community as much as possible. I am having good health but ... one person can not do everything and can not regulate everything.
Commercial section is something we needed to start with.
Hi Newdigital,
I was contacted a few days ago by a guy who wanted to sell his product here and who was told by you to contact me in order to evaluate it,I explained to him why ,in that particular case,I was not the more appropiate person to do the evaluation...In any case,thanks for considering me for the task...I lend myself to be one of the testers/evaluators for future products..and I suggest that you open a thread looking for evaluators,forum members that voluntarily offer themselves as evaluators of commercial products..subject to acceptance either by a public poll or by your personal decision.
I believe that what you are trying to do requires voluntary help of senior members,and that it should be organized and public,so,for example,instead of having to reject that specific proposal I could suggest an alternative evaluator from the public list,and this will help everybody in reaching a conclusion about the specific product.
I believe that most commercial products are not worth the price ,BUT that you can find some gold in the rubbish,and that the people/companies selling a product in which they believe,should be glad to have a public evaluation from a forum member since this will lead for better commercial results,and,probably will result in some product improvements too.
Now,the particular case of this thread..You have said and written more than once that you wanted the respected members of this Forum to have some sort of commercial potential if they wished to,in a clean environment,so,you are cleaning the environment,and that`s ok ...I believe that,besides your particular opinion of the personal style of Igor(mine is slightly positive with lots of understanding of what does it mean to be subject to constant attacks),he is a Senior Member with 639 posts,several threads open where he has invested lots of time helping others for free,his public systems might or might not be liked but even people criticising him(most of them) agree that he is not a scammer and that the main critic(besides the personal issues) lays in the systems not being profitable enough versus being very profitable...SO,in my book ,he is a respected member of our community,just the kind you wouldn`t want to lose..and,if he posts his excel sheets,daily or weekly,with his results..and there is no disagreement by any of the members of his group ..he should be allowed to do so in the commercial thread.
I believe that it is not the same case when you evaluate a total stranger of this Forum,than when you evaluate somebody that has shown a previous committment and whose defects and virtues have been exposed for everybody to see..In my opinion,as long as none of his members disagrees with his excel results..they are valid
BTW,I have no vinculation whatsoever with Igor,besides sending him a pm once giving him my moral support which he politely thanked
I was contacted a few days ago by a guy who wanted to sell his product here and who was told by you to contact me in order to evaluate it,I explained to him why ,in that particular case,I was not the more appropiate person to do the evaluation...In any case,thanks for considering me for the task...I lend myself to be one of the testers/evaluators for future products..and I suggest that you open a thread looking for evaluators,forum members that voluntarily offer themselves as evaluators of commercial products..subject to acceptance either by a public poll or by your personal decision ...
I was contacted a few days ago by a guy who wanted to sell his product here and who was told by you to contact me in order to evaluate it,I explained to him why ,in that particular case,I was not the more appropiate person to do the evaluation...In any case,thanks for considering me for the task...I lend myself to be one of the testers/evaluators for future products..and I suggest that you open a thread looking for evaluators,forum members that voluntarily offer themselves as evaluators of commercial products..subject to acceptance either by a public poll or by your personal decision.
I believe that what you are trying to do requires voluntary help of senior members,and that it should be organized and public,so,for example,instead of having to reject that specific proposal I could suggest an alternative evaluator from the public list,and this will help everybody in reaching a conclusion about the specific product.
I believe that most commercial products are not worth the price ,BUT that you can find some gold in the rubbish,and that the people/companies selling a product in which they believe,should be glad to have a public evaluation from a forum member since this will lead for better commercial results,and,probably will result in some product improvements too.
Now,the particular case of this thread..You have said and written more than once that you wanted the respected members of this Forum to have some sort of commercial potential if they wished to,in a clean environment,so,you are cleaning the environment,and that`s ok ...I believe that,besides your particular opinion of the personal style of Igor(mine is slightly positive with lots of understanding of what does it mean to be subject to constant attacks),he is a Senior Member with 639 posts,several threads open where he has invested lots of time helping others for free,his public systems might or might not be liked but even people criticising him(most of them) agree that he is not a scammer and that the main critic(besides the personal issues) lays in the systems not being profitable enough versus being very profitable...SO,in my book ,he is a respected member of our community,just the kind you wouldn`t want to lose..and,if he posts his excel sheets,daily or weekly,with his results..and there is no disagreement by any of the members of his group ..he should be allowed to do so in the commercial thread.
I believe that it is not the same case when you evaluate a total stranger of this Forum,than when you evaluate somebody that has shown a previous committment and whose defects and virtues have been exposed for everybody to see..In my opinion,as long as none of his members disagrees with his excel results..they are valid
BTW,I have no vinculation whatsoever with Igor,besides sending him a pm once giving him my moral support which he politely thanked
Regards
Simba
Thanks SIMBA.
I moved his thread back to Commercial section.
1)Results posted are for all signals provided and not traded by everybody due to individual circumstances
2)Refund conditions if iGoR is absent or misses sessions.It does not matter if he does not give any refunds.He needs to state it.This will save adminstrator any headache in the future.
3) A free trial period of one week should be provided and infact like a good businessman , he should offer one free month to all newbees to decide if his trading room is for them.
El CID
1) How can I check if some people take all signals (wich some people do but are not interested in posting)...or should I have a rule now that all members of the group NEED to post their results ?...
Or maybe I need to state clearly, if the system goes short and people go instead long that this a highly unprofitable action ?...
Or maybe I need to state also clearly if people would not take any trades what so ever that a the end of the month , that their account will show no changings or action what so ever ?...
Or maby I need to post clearly if people are only 1session in the room ( only the UK session or only the US) that they can not earn back what the other session made while they were abscent ?...
Or maybe I need to state that all people NEED to take the trades and give proof of that to me at the end of the day and in case of not beeing able to show proof that they will be banned for 1 month ?...
People receive the signals and they do with it what they want. In EACH of the postings that I made about the results I clearly state: these results are witnessed by each member IN the room and occured on each members trading platform with the help of the setups and templates.
What people do with these signals is their problem!...
If people are not in the room for personall reasons and this way can not take the positions is not my problem. Reason ?... because it is personall reasons like I said.
2) The refund conditions that I state is that if the system does not make 200pips profit over this month (85pips the previous month) the next month is for free..and the next month and the next month....this way people know I am not doing this for the money.
The way I work is that each member of the trading group receives all the indicators ( that I develloped and that Alex_winner programmed over severall weeks--so not some sort of an improvement of indicators that can be found publicly) and the templates that generate the signals.
I give people a severall hour webinar (with the help of Arctic) so they learn 100% what the system and the money management is about. Each question afterworths, is always answered by me or by other people in the group because people can rely on the group.
I do not call any trades. It is not a room were people just can sit and listen to trades I call and do not have to look to their charts. Wich is very clear in my introductions and and further explaining on the topic.
Each signal that occurs on my platform occurs on each members platform.
Each day I give tons of general trading information and I give personall help to those who wish or seek help.
At the end of the session for those who wish I assist and do a recap on their personal results.
If I WOULD be abscent for 1 week, people should have no problem what so ever in purchasing the signals and the group is helping each other. That was rule nr. 1 from the very beginning.
3) I am not a business man. Again read over my topic what the purpose is of this trading group. It is to suround myself with friends or people that appreciate to learn how to trade. In return they show their appreciation.
I aspecially started this group so I would not be surounded anymore with people who abuse me or take advantage of me.
If I would give as a so called good business man, a free trialing period of 1 month (or 1 week) , then I know for 100% shure that half of the room would be filled with abusers like ghdjdkfhjgj, who would be the first to sit for free in the room and would be the first to refuse a payment next month and would be the first to post tons of crap on the system because suddenly they need to pay.
If some people who contact me ask what the system is about I point them out to the 2 topics I have T_S_R and the zorro system ( where they can watch many hours of education video's 100% for free) so this way they would know what this system more or less is about and who I am and for what I stand. And don't come blindely and completely unknow in the room.
If I would ask 850€ in a month I would indeed give people a trial period but I'm only asking 85€.
The people who contact me to become a member are fully awere who I am and what I stand for. They are people who did a thoroughly checkup on this forum to read what I post and to know what my working methods are.
The fact that there are members in the group who were sitting in the public room for at least 8-9 months ( Like Miko, Like Arctic, Like Leket, like Oceon 169) is proof that I stand for quality and that they learn every day.
Even I still learn nearly every day and the group highly inspires me to get the best out of myself and to improve what we already have...( or maybe I should pay them for that ? )
regards..iGoR
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) MT Intelligence - Stats for fxigor1