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  #241 (permalink)  
Old 09-11-2007, 05:55 PM
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Quote:
Originally Posted by omelette View Post
newdigital, could you be more specific about why trading at the Ask and Bid (bar 0) is, 'cheating' so to speak?



Also, one of the 'tell-tale' sign that an EA's results are bogus seems to be what happens during the last 6-9 months of the backtest - usually the equity curve turns down abruptly. This occurs with all of my 'profitable' EA's unfortunately and I have yet to hear a convincing reason as to why this happens - more specifically, why does an inherently unprofitable EA seem very profitable up until the final months of the test? Anyone who has been using Metatrader for a reasonable period will have noticed this last '6-9 month' problem - note that 1 year ago, you had the same poor results for the last 6-9 months even though this period now shows up as profitable in backtests.....

.....
Most of the commercial EAS come out after an EA has done well in the precceding year or two years.The EA trendmasters test the EA on all the brokers .The brokers where the EA performs best on backtests becomes the chosen broker..The E A is optimised for backtests for the last few tears.The buyers buy the EA and use it at different brokers where the performance was inferior and find they start losing money.

Discount all the claims the sellers make and look at the worst performance of the EA AT THE LOWEST PERFORMING BROKER , and if the performance is good buy it.A friend of mine bought an EA from the commercial section ,the Ea makes 1000 pips a year on backtests but the trendmaster EA owner claims it makes 1800 pips.The E A is a similiar copy of an E A available in the Elite forum which costs $100 less .

I test all my EAS on usd/yen and if it performs profitably ,then I consider the EA as robust.In the Elite section Newdigital has very little succes on testing USD/YEN for great results.Usd/yen is not trendy and performs poorly in sideways market...it has very little support and very little resistance

Regards

EL cID
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  #242 (permalink)  
Old 09-11-2007, 06:00 PM
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Please don't understand my posts as guide to action.

It is joking thread so I just remember some case.

I go for a walk. There is small computer shop on the right side. I am turning to the right.
Voice from behind: "Don't turn right!".
I am thinking: "That's funny. 20 hours near computer ... i definitely need to sleep". I am turning right.
Voice from behind me: "Don't turn right!".
I stopped.
I am thinking: "it should be policeman. Otherwise why I stopped? ".
I want to turn round to see this guy.
Voice from behind me: "Don't turn round! Dont turn right! Don't stop!"
I asked: "So what to do?"
Voice from behind: "Go straight!".

And what do you think I did? Yes, I turned right! I just round the house and came to my 'right' street from the other side. And what I see? Many people on very small street. All of them turned right! All! It was some road accident and street is very small. And that guy/voice was a policeman. All of the people turned right during the half a day to see "why"!

The same with EAs. If we are telling the people one time only: "Don't buy EA based on backtesting results only" so that's fine. We said it.
If we say about it 100 times so it will be the same as this voice on the street and many people will be interested to know: "why we don't need to buy it? It is very interesting ... we will buy it and we will see".
And they all will turn right.
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  #243 (permalink)  
Old 09-12-2007, 06:34 AM
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Originally Posted by el cid View Post
Most of the commercial EAS come out after an EA has done well in the precceding year or two years.The EA trendmasters test the EA on all the brokers .The brokers where the EA performs best on backtests becomes the chosen broker..The E A is optimised for backtests for the last few tears.The buyers buy the EA and use it at different brokers where the performance was inferior and find they start losing money.


Regards

EL cID
Guess who their GURU and mentor is ...............the leader who teaches about optimisation with different brokers

El Cid
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  #244 (permalink)  
Old 09-12-2007, 07:46 AM
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Lightbulb

Quote:
Originally Posted by newdigital View Post
It is joking thread so I just remember some case....

If we say about it 100 times so it will be the same as this voice on the street and many people will be interested to know: "why we don't need to buy it? It is very interesting ... we will buy it and we will see".
And they all will turn right.
very nice anecdote ND .. here's another one. This is a real Ad by a system school!
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  #245 (permalink)  
Old 09-12-2007, 08:44 AM
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Quote:
Originally Posted by auto View Post
very nice anecdote ND .. here's another one. This is a real Ad by a system school!
As to my anecdote so it is well-known Russian anecdote about the government (Voice from behind) who is telling "do like that" or "don't do like this" and the nation or people who are doing in exact opposite way all the time. Mainly it is the Russian story.

Last edited by newdigital; 09-12-2007 at 08:53 AM.
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  #246 (permalink)  
Old 10-01-2007, 06:06 PM
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Buy this E A

iT IS GREAYT

YouTube - 1279 PIPS in September 2007 with StrategyBarn.com EA

StrategyBarn.com - Profit Wizard Expert Advisor

tHE FUNNY THING IS THEY ALL CLAIM NOT TO BE SCAMMING AND BEING JEKYL AND HYDE

WOW OVER 1000 PIPS per MONTH

--------------------------------------------------------------------------------

I saw this site strategybarn.com and thier expert does over 1000 pips since July. I emailed the owner and they just put videos up that show it.

Thought I would pass it on since people here have shown me places that I could get good trading material.

No I am not spamming, just trying to help others.

There are so many forum members using double handles on forex factory

Last edited by el cid; 10-01-2007 at 06:12 PM.
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  #247 (permalink)  
Old 10-01-2007, 07:54 PM
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No I am not spamming, just trying to help others.

Re: WOW OVER 1000 PIPS per MONTH

--------------------------------------------------------------------------------

[b]Do you have burgers you have created at your real job as that would probably sound more exciting.


Elscamo Ea Portfolio

--------------------------------------------------------------------------------

More ea s for the ELSCAMO ea portfolio,


LOL,LOL,LOL,




http://www.oilfxpro.com
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  #248 (permalink)  
Old 11-02-2007, 05:05 PM
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Dynamic pivot lines.
Attach this script to the chart.
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  #249 (permalink)  
Old 11-02-2007, 06:37 PM
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Quote:
Originally Posted by newdigital View Post
Dynamic pivot lines.
Attach this script to the chart.
hahahaha.... it looks nice. But it ate up memory as well.

Regards

David
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  #250 (permalink)  
Old 02-17-2008, 05:59 PM
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rend alexcud sig3 joken1.gif
rend alexcud sig3 joken2.gif
......stupid computer....

Last edited by fxbs; 02-17-2008 at 08:20 PM.
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