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I have been watching this ea. It did good at first but now has tanked. It currently is sitting at a 7% drawdown on the original deposit after a whole month which is terrible result. It is back to the drawing board. I think the steinitz ea is much more promising.
in Post#1, Forward Test results updated June 29, 2007.
To date, 40 wins and 4 loses. Because of concern over large Float p/l in V4.0, I started a 2nd demo with Bogie-Daily-V4.1 on June 25, 2007. Below is a simple analysis of results.
If you can find an EA that consistently makes a profit each week and each month, that is the EA where active traders should invest time and money. If you are looking for an EA that will make big profits all the time, Bogie-Daily EA is certainly not for you. This EA will have good and bad trading times as Forex Market changes from trending to ranging and back again.
TP's seem to be 20-40, but unpredictable.
Losses are 175
Float has been as high as -130 pips....
Although it is closing PROFIT, it is a bad risk/reward ratio. 2 losers in a row wipe out weeks of gains.
I have the trial. I have it running. Yes, I can prove it.
RealTime Demo Trial Results attachment will be updated frequently
4 Weeks' Results ROI (Return on Investment) = 6.93%
For traders familar with MetaQuotes MT4 Automatic Trading Platform, posting Strategy Tester results does not confirm actual LIve Trading results. In fact, MT4 Strategy Tester results never match Live or Demo results. If seller is only posting Strategy Tester results, you should take a cautious Due Dilegence before buying.
During May 2007, I have coded a MT4 Expert Advisor (EA) to run Daily Chart on the four (4) major pairs (gbpusd, eurusd, usdjpy, usdchf). The concept is to calculate price trend, up (long) or down (short), at start of each trading day. Then take a quick small profit before daily trend reverses. If trend continues in existing buy or sell order, EA utlilizes a new trailing stop routine to take more profit before trend reverses.
I started Demo Testing on May 23, 2007, using FXDD as my broker. The initial results are very good. (see attachment)
What I am selling for $9.95 is the chance to run this Expert Advisor (EA) for one (1) month. If you like your results, you can purchase the fully functional EA price $299.00. Monthly $29.95 subscriptions also available.
I will help all purchasers and subscribers, who need assistance, in setting up the MetaQuotes MT4 Platform and selecting a Broker.
Note: Attached demo results updated June 29, 2007. To date, 40 wins and 4 loses. Concern over large Float p/l.
DISCLAIMER: This risk disclaimer is meant to inform the purchaser of the potential financial risks of engaging in foreign exchange trading. The transaction of such financial instruments known as forex, fx, or currency, and dealt on a valued basis known as 'spot' or 'forward', 'day trading' and 'option', can contain a substantial degree of risk. Before deciding to undertake such transactions, a user should carefully evaluate whether his/her financial situation is appropriate for such transactions. Trading foreign exchange may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital. The definition of risk capital is funds that are not necessary to the survival or well being of the user. Opinions and analysis on potential expected market movements contained within this Ad are not to be considered necessarily precise or timely, and due to the public nature of the Internet, I cannot at any time guarantee results. Trading online, no matter how convenient or efficient it may be, does not necessarily reduce the risks associated with foreign exchange trading, and I do not accept any responsibility towards any customer, member or third party, acting on such information contained on the website as to the accuracy or delay of information such as quotations, news, and charts derived from quotations.
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Hi Wackena,
If you want to keep this thread in commercial section so it may be good if someone can evaluate your service (if not so just ignore this post).
Linear Mode
