Forex



Go Back   Forex Trading > Commercial systems > Raw Commercial Ideas






Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
 
Thread Tools Display Modes
  #31 (permalink)  
Old 07-11-2008, 06:40 AM
Senior Member
 
Join Date: Oct 2005
Posts: 175
elepoutre is on a distinguished road
backtest

Quote:
Originally Posted by chrislee View Post
Hi elepoutre, i'm afraid i've not done any back testing of this EA. I'm not a great fan of back testing - i prefer to forward test.

Regards Chris
I dont agree..even if backtest is not 100% reliable it gives you a good idea on how the expert would behave in difficult situations. Then you can analyze the worst case one by one and check whether the trades shown by the backtest were indeed taken following the rules of your expert...

If there is no backtest, then forward test during 2 or 3 years may be necessary to cover all type of markets, and be sure that the experts covers them all.

Especially the PID is working fine during ranging market, but what would happen in case of very strong trending market without any retracement, as we had for euro sooner this year?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #32 (permalink)  
Old 07-11-2008, 06:41 AM
Senior Member
 
Join Date: Oct 2005
Posts: 175
elepoutre is on a distinguished road
backtest

Quote:
Originally Posted by roodstaart View Post
And beside that, how do you test a baskettrader?

I dont understand your point..oyu dont need to bactest a basket of currency..just each pairs, one by one..
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #33 (permalink)  
Old 07-11-2008, 06:44 AM
Senior Member
 
Join Date: Oct 2005
Posts: 175
elepoutre is on a distinguished road
demo trading

Quote:
Originally Posted by peterpalme View Post
hi,

before i pay:

is it possible, and
how can i get the demo version to try?
Before going live...you d better wait how the demo accounts behaves when we get a 500 pip move without any retracement on one of the pairs...then only we will know how safe si the expert...

or wait until the owner of the expert start trading a 50000 usd live account ...not only demo...
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #34 (permalink)  
Old 07-11-2008, 07:39 AM
Senior Member
 
Join Date: Jul 2007
Posts: 148
roodstaart is on a distinguished road
Quote:
Originally Posted by elepoutre View Post
Before going live...you d better wait how the demo accounts behaves when we get a 500 pip move without any retracement on one of the pairs...then only we will know how safe si the expert...

or wait until the owner of the expert start trading a 50000 usd live account ...not only demo...
Well about that live account, mine is now almost at 4500 so pretty close I guess. And about a 500 pip move...this is a basket trader. Do you mean 500 pip all over the 12 pairs or on each pair each. As for the last option: show me in history where did that happen on 12 pairs at the time and for the first: if you think that way, no ea or tradingsystem can be used ever I guess. A DD will always be the case. One has to use good money management always.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #35 (permalink)  
Old 07-11-2008, 09:27 AM
Banned
 
Join Date: Jun 2006
Location: Spain
Posts: 7
peterpalme is on a distinguished road
before i pay.............

i had written mails with questions and never received answers.
to the owners Customer Helpdesk
to the owners Contact Form
to the owners email

more then three days!
is there no service ?


peter
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #36 (permalink)  
Old 07-11-2008, 09:29 AM
mikkom's Avatar
Senior Member
 
Join Date: Oct 2007
Posts: 285
mikkom is on a distinguished road
Quote:
Originally Posted by elepoutre View Post
I dont understand your point..oyu dont need to bactest a basket of currency..just each pairs, one by one..
First of all I need to say that I totally agree with you that backtesting is essential.

However it's very hard to backtest a multipair EA if the trades are dependant of each other **. For example I would like to have situation where only 10% of my account can be affected any time. If the testing is not done with all currencies at the same time, I can never know how big my exposure really is at given time **.

**) Unless you simulate trades on other currencies, that's what I do but it's pain in the ass because you have to do the same work as the MT would do manualy.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #37 (permalink)  
Old 07-11-2008, 05:24 PM
Member
 
Join Date: Mar 2006
Posts: 48
eagle4x is on a distinguished road
PID observations

Been demo trading with PID since the beginning of the week with 50K. So far, up about $4.5K in closed trades and -$1K in open trades. What I don't understand about this EA is why it usually enters trades against the trend. For example, yesterday and today, it has been entering sell orders on EURUSD while the pair has been trending up and increasing the lot size with each trade.As it is, with out any stops or trailing stops incorporated in the EA and esp. because it enters trades against the trend, I would not trade this with a live account.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #38 (permalink)  
Old 07-11-2008, 06:00 PM
Senior Member
 
Join Date: Oct 2005
Posts: 175
elepoutre is on a distinguished road
Quote:
Originally Posted by eagle4x View Post
Been demo trading with PID since the beginning of the week with 50K. So far, up about $4.5K in closed trades and -$1K in open trades. What I don't understand about this EA is why it usually enters trades against the trend. For example, yesterday and today, it has been entering sell orders on EURUSD while the pair has been trending up and increasing the lot size with each trade.As it is, with out any stops or trailing stops incorporated in the EA and esp. because it enters trades against the trend, I would not trade this with a live account.
that s my point..we were in a long sequence on the gbp..closed because the gbp had good move up today...what would have happened it the gbp had dropped to 1.85 without any retracement....expert would have taken position up to level 50 or even more...? and dont mentiont hat it cannot happen..it has happen in the past..and much more than 1000 pips for the gbp...
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #39 (permalink)  
Old 07-11-2008, 06:38 PM
Senior Member
 
Join Date: Jan 2006
Posts: 1,119
omelette is on a distinguished road
I'm slightly confused as to why this is being labeled a basket trader - not saying it isn't, just that the demo (which seems to have expired, as it no longer works) was perfectly happy with just the one pair. And as I posted previously, this resulted in margin calls for every major apart form EU. Interesting to hear that the commercial product apparently trades without stops...
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #40 (permalink)  
Old 07-11-2008, 08:12 PM
Senior Member
 
Join Date: Jul 2007
Posts: 148
roodstaart is on a distinguished road
Well guys, this is the last I want to contribute, for I do not have any connection to the selling of this ea. It is a baskettrader, and I trade it live. Anyone that tells different have not traded this ea the right way demo or live.
If live, then one only has to follow the info that comes with the ea, where one can read which pairs to trade. This ea has no stops? It has, but it is hardcoded. It also has equityprotection and marginprotection and and and. Places trades against the trend? Where have you guys been lately? Carrytrades, ever heard of?
So I as I stated before, some people do not see the pot of gold if sitting on it.
Attached statement of my live account from may 29 till july 7.
I respect everyones opinion, but I like counting my profits more.
Attached Images
File Type: jpg st.jpg (27.1 KB, 507 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
Reply

Bookmarks

Tags
pid forex, PID SP5 EA, PID SP5, pid ea, SimpleDailyRangeBreakExpert, forex, the pid forex, pid sp4

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump


All times are GMT. The time now is 01:36 AM.



Search Engine Friendly URLs by vBSEO 3.2.0 ©2008, Crawlability, Inc.