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Old 12-19-2007, 07:27 PM
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dmbsys dmbsys is offline
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Evaluation : EA Shark

Hello,

Do you know this EA : it works very good.

Here's my life account.

Michel
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Old 12-20-2007, 11:28 AM
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Bonjour Michel,

Est-ce un ea trouvé ou est-ce un ea provenant d'une de tes stratégies personnelles ?
Une évaluation serait la bien venue
ou proposes-tu autre chose ?

Hello Michel,

This is a found ea or is this a ea coming from one of your personal strategy?
An evaluation would be it come well
or do you propose another thing?
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Old 12-20-2007, 01:46 PM
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Bonjour,... Hello

It's not a EA from me ; I found it on ebay.

I've test it on demo account and now, I use it on a real account.

My first post is from my real account.

I like it but I don't know how it works.

I see that in this forum, nobody knows this EA. (I think)

I open this thread only to inform all members.

(Toujours pas terrible mon anglais )

Michel
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Old 12-21-2007, 01:50 PM
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Quote:
Originally Posted by dmbsys View Post
(Toujours pas terrible mon anglais )

Michel
Hello michel,

je te rassure, c'est la même chose pour moi, merci les plugins de firefox lol.

je suis surpris, moi aussi, que personne ne connaisse cet ea mais si tu as décidé de le mettre sur ton compte réel c'est que tu as dû faire un certain nombre de tests et d'analyses et que les résultats étaient cohérents et profitables d'autant qu'il vient d'ebay.

Hello Michel:

I reassure you, it is the same thing for me, thank you the plugins for
firefox lol.

I am surprised, me as, as nobody knows this ea but if you decided to
put it on your account real it is that you had to make a certain
number of tests and analyses and that the results were coherent and
advantageous the more so as it comes from ebay.
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Old 12-21-2007, 01:53 PM
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L'as-tu acheté ? veux -tu qu'on le teste a notre tour ou autre chose ?

Did you buy it? want - you that it is tested our turn or another thing has?
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Old 12-21-2007, 03:56 PM
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Disons que je le teste pour vous tous... à vous de voir après...

Je publierai régulièrement mes résultats en réel.

Backtest very good (from 1999 to... today), my demo test good too and good on my real account.

Michel
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Old 12-21-2007, 04:00 PM
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Quote:
Originally Posted by dmbsys View Post
Hello,

Do you know this EA : it works very good.

Here's my life account.

Michel
I have seen this EA on this forum before.

Does it belong to Bongo?

OILFXPRO
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Old 12-21-2007, 05:06 PM
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Hi

I really liked the system at first presentation by Dumbsys.I nearly bought it

.Look closely at the risk reward of 1 to 4 ,reward 1 /risk 4. If the market was to become very volatile ie up 35 pips and down 35 pips ,then this system will faily horribly and lose a lot of money.

60 losing trades out of 400 .If you count the risk reward ratio of 1 to 4 and multiply 60 * 4 =240 the real losing trade %..Net effect is 40 % win rate compare to 60 % loss rate.It is still good.This is a commercial EA presented to sell .It is still better ALL THE COMMERCIAL EAS SOLD ON THIS FORUM or ON THE INTERNET

700 pips a year is the performance which is good , sadly it is not my style

OILFXPRO
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Old 12-22-2007, 01:00 PM
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Quote:
Originally Posted by oilfxpro View Post
Hi

I really liked the system at first presentation by Dumbsys.I nearly bought it

.Look closely at the risk reward of 1 to 4 ,reward 1 /risk 4. If the market was to become very volatile ie up 35 pips and down 35 pips ,then this system will faily horribly and lose a lot of money.

60 losing trades out of 400 .If you count the risk reward ratio of 1 to 4 and multiply 60 * 4 =240 the real losing trade %..Net effect is 40 % win rate compare to 60 % loss rate.It is still good.This is a commercial EA presented to sell .It is still better ALL THE COMMERCIAL EAS SOLD ON THIS FORUM or ON THE INTERNET

700 pips a year is the performance which is good , sadly it is not my style

OILFXPRO
Oilfx, where did you get this statement from?

I gotta say, I think those trades look pretty good. This is basically a scalper, so a 35 pip SL is reasonable imo, if only to account for the volatility you speak of - afterall, that same volatility is great if price moves in your favour. Also, the frequency of trading is very low and evenly distributed (for a scalper) so your fear of getting wiped out by volatility seems unfounded - volatility has been huge recently, and this has done very well!
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Old 12-23-2007, 10:10 PM
oilfxpro oilfxpro is offline
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Originally Posted by omelette View Post
Oilfx, where did you get this statement from?

I gotta say, I think those trades look pretty good. This is basically a scalper, so a 35 pip SL is reasonable imo, if only to account for the volatility you speak of - afterall, that same volatility is great if price moves in your favour. Also, the frequency of trading is very low and evenly distributed (for a scalper) so your fear of getting wiped out by volatility seems unfounded - volatility has been huge recently, and this has done very well!
These figures look to good to be true.Aprroximately 150 pip drawdown and 750 pip risk reward

The backtests show 6.5 % drawdown using 30 m charts

Anybody (no accomplices please) use this software?

Regards

OILFXPRO

Last edited by newdigital : 01-06-2008 at 07:21 AM. Reason: Forexeasystems website link was deleted: members reported about some action which website is doing with PC trying to be in to
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