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  #21 (permalink)  
Old 01-12-2008, 04:55 AM
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Show us any legal scalping EA in IBFX that has not been filtered yet?

ES
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  #22 (permalink)  
Old 01-12-2008, 04:57 AM
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What does filtered mean?
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  #23 (permalink)  
Old 01-12-2008, 05:03 AM
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I do not know.... heard it the other day....

Quote:
Originally Posted by TheRumpledOne View Post
What does filtered mean?
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  #24 (permalink)  
Old 01-12-2008, 05:33 AM
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Quote:
Originally Posted by simonsmart View Post
thank you
You'll obviously going to get bunch of fcukers come and post some backtest/forward testing statement. When you ask what EA is it, they either ask you PM them, or directly post here its their own EA, not for sale. When you PM/email them, you'll get an answer of something similar to this.

Quote:
"This is my personal EA that I invested many sleepless night. It is so profitable that I unwilling to sell it. After I saw your post, I feel touched. Now I willing to compensate my work for you, but you'll have to bear half of the development cost. Me and my programmer spent 50,000 dollars to develop this EA. I decided to sell to a limitted number of user only. All you need to do is send 500 dollars to my e-gold account. You'll get the EA for XX months, then you'll required to renew the license. Or you pay me 5,000, I'll let you have a life time license.

Sincere,

Scammer"
Familiar aike?

Quote:
Originally Posted by TheRumpledOne View Post
What does filtered mean?
The "filter" ES meant is, atleast 10pips and above as take profit/immediate closure of positions. Legit stop loss that doesn't vary from take profit too much, with extremely high accuracy(preferrable 70% up if RRR is 3:1) Time distance from 1 trade to another is more then 3 minutes. These are the minimum requirement for InterbankFX.

So, you'll need to have an EA that have atleast 10pips take profit, stop loss lesser then 30pips, with 70% above of accuracy. Trade doesn't issue too often.

Regards

David
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  #25 (permalink)  
Old 01-12-2008, 05:37 AM
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I once have spoken to IBFX cs, and he said that IBFX recommend that a customer should hold position in 90 seconds before closing it. However, he clearly stated that if a customer decided to close position before 90 seconds, IBFX have nothing against it as it is done not via dealing desk. I ahve done this in live trading by taking 1 pip as the TP and it works just fine. So, scalping is allowed in IBFX. Probably the main risk would be slippage though.
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  #26 (permalink)  
Old 01-12-2008, 05:41 AM
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Quote:
Originally Posted by davidke20 View Post
The "filter" ES meant is, atleast 10pips and above as take profit/immediate closure of positions. Legit stop loss that doesn't vary from take profit too much, with extremely high accuracy(preferrable 70% up if RRR is 3:1) Time distance from 1 trade to another is more then 3 minutes. These are the minimum requirement for InterbankFX.

So, you'll need to have an EA that have atleast 10pips take profit, stop loss lesser then 30pips, with 70% above of accuracy. Trade doesn't issue too often.

Regards

David
Thanks.

So, a EA that has a 6 pips TP and a 7 pip SL and trades once or twice per hour wouldn't be allowed?

I am new to MT4 so I don't know many of the basics.
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  #27 (permalink)  
Old 01-13-2008, 08:44 AM
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Quote:
Originally Posted by TheRumpledOne View Post
Thanks.

So, a EA that has a 6 pips TP and a 7 pip SL and trades once or twice per hour wouldn't be allowed?

I am new to MT4 so I don't know many of the basics.
i think minimum 6 pips is allowed =)
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  #28 (permalink)  
Old 01-13-2008, 08:45 AM
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Quote:
Originally Posted by davidke20 View Post
You'll obviously going to get bunch of fcukers come and post some backtest/forward testing statement. When you ask what EA is it, they either ask you PM them, or directly post here its their own EA, not for sale. When you PM/email them, you'll get an answer of something similar to this.



Familiar aike?



The "filter" ES meant is, atleast 10pips and above as take profit/immediate closure of positions. Legit stop loss that doesn't vary from take profit too much, with extremely high accuracy(preferrable 70% up if RRR is 3:1) Time distance from 1 trade to another is more then 3 minutes. These are the minimum requirement for InterbankFX.

So, you'll need to have an EA that have atleast 10pips take profit, stop loss lesser then 30pips, with 70% above of accuracy. Trade doesn't issue too often.

Regards

David
someone selling the best ea for minimum 5k =)
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  #29 (permalink)  
Old 01-13-2008, 11:53 AM
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hi

Quote:
Originally Posted by simonsmart View Post
someone selling the best ea for minimum 5k =)
wow that's expensive ea ...but it could be cheap if that's proven ea

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  #30 (permalink)  
Old 01-13-2008, 04:32 PM
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Talking Work in progress

It´s just a work in progress.
I do like scalping and has a primary tool i use linuxtroll rainbow. Hard to put it on an EA though.

This working in progress (WIP.EA) is private and it won´t be shared, private or public.

Carllos

==================================

Gross Profit: 5 988.46 Gross Loss: 0.00 Total Net Profit: 5 988.46
Profit Factor: Expected Payoff: 20.23
Absolute Drawdown: 0.00 Maximal Drawdown: 0.00 (0.00%) Relative Drawdown: 0.00% (0.00)

Total Trades: 296 Short Positions (won %): 152 (100.00%) Long Positions (won %): 144 (100.00%)
Profit Trades (% of total): 296 (100.00%) Loss trades (% of total): 0 (0.00%)
Largest profit trade: 100.00 loss trade: 0.00
Average profit trade: 20.23 loss trade: 0.00
Maximum consecutive wins ($): 296 (5 988.46) consecutive losses ($): 0 (0.00)
Maximal consecutive profit (count): 5 988.46 (296) consecutive loss (count): 0.00 (0)
Average consecutive wins: 296 consecutive losses: 0
Attached Images
File Type: gif DetailedStatement.gif (4.8 KB, 3687 views)
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