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Please remove that pdf file. It is copyrighted and I don't want newdigital to get into trouble. This is a great site that needs to keep on going.
I coded an EA based on that system but it did not work on backtests. If you own the system then let me know by PM and I will send you the EA. If you can't prove that you bought the system, I will not send the EA. I have to respect the author. Thanks. |
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Apologies. Spot on Maji. Removed.
However the method cannot be copyrighted because it's common sense and has been around for years, just made into a fancy ebook and being sold on eBay. I personally thought of this method before I read the ebook, and the only reason why I attached the ebook was because it was easier to attach something I already have, rather than having to type out the whole thing. Last edited by fx_geezer; 01-23-2007 at 12:23 AM. |
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Fx_G,
Yes this is an old system, but becareful, because as I can see the statment that the guy post at the webpage, doesn`t macht the reality. You can see at 30 min charts and compare that many times the trade will be stopout at +10 pips and the others 2 lots will be a breakeven, and will not have the greats results that they show PartyPips Last edited by PartyPips; 01-23-2007 at 01:17 AM. |
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Geezer, Partypips,
I don't think the system works really. He probably uses discretion and that is why he has some success. A breakout system with a stoploss of 90 pips for a target of 60 pips (for the 3 lots) appears to be unprofitable from the Risk reward ratio. I actually sent the developer a copy of my EA. It is not worth fighting with him, but I think the system is not profitable |
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