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I will pay the first profit made in usd that I make to a coder who will allow me to trade their own personal EA that they have written themselves that they have the rights to.
So to make this clear...I will pay the first profit with no limits (when reached in full with your submitted and mutually agreed expiration) that I make from the submitted EA, without anything for myself. I start with 1K and IBFX at 400:1. The coder/seller will have the "log-in" to my MT4 platform to view.
If I ever experience a max of 17% intraday drawdown from the highest banked balance ...the deal is off and no money for you...if not I will gladly send the money...no problem....and with the rights to continue to trade it for myself for an unlimited time.
Only serious EA's please...I will put my money on the line and let the EA trade live...
ES
When you submit your EA, you need to identify the setfile and the pairs to be traded with Sample size and the expiration of our arrangement. I have the right to decline any offer at my discretion. Backtest or Forward test results will help me with my decision.
Last edited by ElectricSavant; 12-16-2007 at 01:04 PM.
For some of you....I will let you in on a secret...There is not one EA traded in the Forex market that can meet the "max intraday 17% from highest banked balance DD" criteria in the last years taht yields a meaningful rate...
Prove me wrong...I have 170 bucks to lose (or 17% of highest banked balance) you have nothing to lose...but a lot of free advertising...I do know a few people in the business, but cannot make any promises though.
I can give you references to people that can vouch for me and my ethics. I am from the old school and I do not share any EA that has been entrusted to me. I do not have any program that unencrypts EA's, as I do not need one...EA's cannot consistently make a profit for very long....plus I am not a thief. Trading is my lifes work and traders are my friends. I would never violate their confidence.
ES
Last edited by ElectricSavant; 12-16-2007 at 01:27 PM.
If some of you feel that I am being arrogant....ok name your terms if you have such an EA...
I do not mean to be arrogant or some sort of opportunist....its just that I have searched high and low for such an EA and cannot find it...
I am told by the experienced ones here...silly boy...nothing is for free....
Ok...name your terms...you see this does not exist and I am not scared...and I am not a liar or a theif..
ES
P.S. and vendors...do not insult me with your Charlatan ways...I am looking for a real coder here with an institutional quality EA that has been tested (if there is such a thing in this "Circus of Retail Spot Forex").
P.P.S. 2008 is going to be a banner year...if I could just get a reply to this thread with an EA from a serious taker (s). I have been reading some of your work for years as you have read some of mine....some of you know me and I never used a different handle in the last 5 years on various forums....I am real... this is real...but I guess if I had something that worked, I really would need to trust the person I shared it with. I understand.
Last edited by ElectricSavant; 12-16-2007 at 01:29 PM.
A more honest and ethical man you will be hard pressed to find.
this challenge should prove interesting. If any one does step up to the plate it is doubtful they will let themselves be known UNLESS the challenge is met.
Good luck, hopefully your replies will not remain private.
Here is a chance for all those that run their mouths about profitable EA's they have created but cant share or claim to have but wont share because of it becomming public.
I know if I had one i'd take your challenge and your money.
Most likely the personal EA of a coder that makes him money with little drawdown does not need to be shared....lol....why would he do it?...All I can imagine is that EA's do not work forever and try and get as much as you can....I swear I would never share it or sell it...I am not a vendor...read my blog..if you do not believe me folks...
I am a 48 year old trader that has struggled with trading all of his life...read the blog...
I will give you my personal phone number and we can talk on the phone if you wish...
ES
Quote:
Originally Posted by codybear
A more honest and ethical man you will be hard pressed to find.
this challenge should prove interesting. If any one does step up to the plate it is doubtful they will let themselves be known UNLESS the challenge is met.
Good luck, hopefully your replies will not remain private.
Here is a chance for all those that run their mouths about profitable EA's they have created but cant share or claim to have but wont share because of it becomming public.
I know if I had one i'd take your challenge and your money.
Good Luck ES
Last edited by ElectricSavant; 12-16-2007 at 01:06 PM.
I am getting PM's proclaiming hey Electric!...I thought you were out of the EA business!....
I am...
There is not one EA with this criteria....thus my earlier statements stand...EA's are gambling...
Yes I like to gamble...but my friends are helping me to remember what an EA is...it is a gamble...I do believe that trading can be "not gambling"...I have just not been able to discover how...
ES
Last edited by ElectricSavant; 12-16-2007 at 01:31 PM.
The only EA competition where every EA will have the possibility to show it's best performance. Registration starts on the 1st of January 2008 and the competition on the 1st of March 2008.
All EAs are welcome to the competition, free and commercial.
# First Place wins 48% of the total license fees.
# Second Place wins 28% of the total license fees.
# Third Place wins 16% of the total license fees.
The more EAs that compete the more money the winners will get!
Join the ForexRobotSupport.com forum, read the rules, the instructions and we will answer any questions you may have ASAP.
The only EA competition where every EA will have the possibility to show it's best performance. Registration starts on the 1st of January 2008 and the competition on the 1st of March 2008.
All EAs are welcome to the competition, free and commercial.
# First Place wins 48% of the total license fees.
# Second Place wins 28% of the total license fees.
# Third Place wins 16% of the total license fees.
The more EAs that compete the more money the winners will get!
Join the ForexRobotSupport.com forum, read the rules, the instructions and we will answer any questions you may have ASAP.
Michael
Last edited by ElectricSavant; 12-16-2007 at 01:31 PM.
Do not mislead anybody. THERE IS NOT ANY PUBLISHED EA THE CAN MAINTAIN A 2:1 ElectricSavant Ratio™ (max 17% DD) for an extended length of time in Retail Spot Forex.
Thus
I go private and search...but no takers yet...
ES
ElectricSavant Ratio™ (max 15% DD) = ROI Annual % : Intraday drawdown in % of highest banked balance and Sample size
Last edited by ElectricSavant; 12-16-2007 at 01:32 PM.
Please read carefully what I post. I am not misleading anybody.
This simply is not possible. There are not any takers, as they cannot do it..
I already know this and I am not scared. Anybody can look at the last two years and understand the market cannot be put in a "can" to preserve yield and at the same time limit DD. It just cannot be contained, unless you can accept a yield less than a CD rate.
The ElectricSavant Ratio™ is not dependent on initial equity or leverage...or trade size... or mm... or method. It is simple and does a fine job of identifying how much risk is necessary to get the yield.
I will tell you martingale or long term carry for swap or gridding and such cannot achieve the ElectricSavant Ratio™. I believe you must trade with stops! and lagging indicators carry no magic.
Price Action methods or some sort of scalping that IBFX would permit may come the closest and be the most logical to use to attempt to meet my criteria.
You holy grail seekers and feeders on this board...you will not find anything...I know what I am talking about.
ES
P.S. NOT ONE CODER HAS ANYTHING TO OFFER (not even a portfolio of EA's to offset one another)..BUT THOSE CHARLATANS REMAIN, MY INBOX IS GETTING FILLED.
P.P.S. This amazes me (not really)...what a wonderful opportunity for someone to be recognized...they do not even need to tell me their code...Hell I will even extend my offer to a managed account of 1K...ok? you can trade it discretionarily without an EA ok? You can have an LPOA....but the criteria stands...can you do it? are you up to it? read my Blog there are 14 funds in there all exceeding 15% DD from the highest banked balance at one time or another (some of them are net profitable, but that is not the point)...
When you submit your EA, you need to identify the setfile and the pairs to be traded and the expiration of our arrangement. I have the right to decline any offer at my discretion. Backtest or Forward test results will help me with my decision... All I need is your Yield to Risk Ratio, Sample Size and Expiration.
If you submit an MA offer, I need you to be established with other clients and up and running with some sort of a performance record no matter how long it is with a dealer that is CFTC licensed & NFA registered.
Last edited by ElectricSavant; 12-16-2007 at 01:35 PM.
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