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  #11 (permalink)  
Old 09-18-2007, 03:40 PM
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Its so nice your giving away a free EA, or are you?
Are you trying to make risk free capital to trade it with? Or are you just trying to earn some extra cash from unsuspecting fx noobs?
I dunno about you but both of these seem a little selfish to me.
You know if you were such a programmer, you would know that, you could give out an encrypted version of your EA, with an expiry date etc.
People could test it themselves, on live data micro lots, not demo which is altered to give profits, and of course if it was so grand, they would pay you for it.
This is just another typical thread designed to make the creator rich.
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  #12 (permalink)  
Old 09-18-2007, 03:45 PM
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Thank you

Hello to all,

Thank you for the PM's but i would rather to answer here at the thread if you don't mind, but if you are really going to use the EA on your live account, please take a note that there is NO EA WILL GUARANTEE future performance, i've forward test the EA since 6th August 2007

As you may notice on the trades history of the demo account, the EA should also gives a large drawdowns (arround 50% to 60%), so i would recommend to use the EA at a micro account as i stated the three brokers i recommend on post #1

have been using the EA on
  • 15M TF : EURUSD, GBPUSD, USDJPY, USDCHF, and NZDUSD
  • 5M TF : EURJPY and GBPJPY

All with the same defaults settings :
  • TP : Your take profit value;
  • SL : Your stop loss value;
  • slip : price request slippage;
  • TrailingStop : the name speaks for it self ;
  • Lots : your trade volume please be noted that if you turn on automated money management, this value will be disregarded
  • TimeToStartTrade : the broker server time that the EA should start to take actions (BUYING||SELLING) i recommend to set the value at LONDON OPEN;
  • MaxTrades : Maximum number of trades for one pair;
  • ProtectProfit : (i recommend 400) When the cumulative pip profit on the running trades has exceeds or equals to the ProtectProfit, the EA will close all trades and will not take any trades before a new day open;
  • Method1 : togling the "agresive" mode;
  • Method2 : togling the "learner" mode;
  • AutomatedStart : this will let the EA to start trade at each and every new trading day;
  • AutomatedMM : the EA will increase the LotSize to be traded as your balance grows

Would love to send the live version for FREE under the referals terms of course Thank you for all of the interest.

*Disclaimer :
You should test the EA on your own demo account, i can't guarantee the EA future performance, if you are using the EA on your live account, you should accept and acknowledge that you are using the EA at your own responsibilities and risks
Attached Files
File Type: ex4 TotalEACompound-ver2.ex4 (15.9 KB, 214 views)

Last edited by yohanip; 09-20-2007 at 12:25 PM. Reason: forgot to add the most important setting
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  #13 (permalink)  
Old 09-18-2007, 03:49 PM
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Very interesting result. I'm popping on and off the demo account to see the trades. When can we see the demo version running on our platform. Will you allow us to test your EA on live account? If its as good as the demo platform provided by you, I think few of us dont mind to put it on live account and run for the testing period. If we can confirm its doing well on the live account, you can also take our words as advertisement. I bet you have more and more subscriber too. FYI, can you please go and sign up IBFX's IB programme? Atleast I feel better with a decent broker that are regulated. If your EA do good on the forward testing of my account, for sure the IB status is going to yours. Cheers.

Regards

David
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  #14 (permalink)  
Old 09-18-2007, 03:57 PM
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from the account history of 46 days, about 90% of the profits came from GBP/JPY. EUR/JPY, USD/JPY and EUR/USD provided the rest of profits. the other currencies were at a loss.
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  #15 (permalink)  
Old 09-18-2007, 04:00 PM
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Yohanes,

I presume your name is the same as the platform. Can you please explain why there is 2 trades without trade comment? And the lot size is way to high for your original account size. Besides, I saw a series of trades close all 1 shot without hitting TP/SL. Is there a built in global equity closure function in it? Or you do it by yourself? Please, not criticsm, just to clarify while waitting your pending document to be approve by the admin.



Regards

David
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  #16 (permalink)  
Old 09-18-2007, 04:43 PM
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Red face

Quote:
Originally Posted by ElectricSavant View Post
What does this mean?

Is it just your way of saying you do not have any risk capital?...or are you saying this EA requires a large deposit and when it loses you need to fortify it...what actually are you saying? because if the results are achieved that you publish..just through the power of compounding you will have the capital you need in under one year...where vending your EA will take much longer.

ES


but still the trades needs a good source of deposits, i don't have the ability to fill those deposits.
ow please, should i brigin in my curent economic situation on such a nice public forum, some of us did live the day with debts, and some of us is strugling to survive by using one treasure which is called..knowledge, if i have something good to spread, i would bring them in, hope this will clarify something

Quote:
Originally Posted by kjhfdgjfhdghdf View Post
This is just another typical thread designed to make the creator rich.
te-he, thank you for your opinion, but, getting rich is not my goal. i could tell you that.. my answer to ElectricSavant should give a clear thought of what am i doing here..
And about Giving away something free, let's take a look at a good example, the Linux system, for some people, the Linux may proves to be good, and some people did not like them at all, but what's the point here? if you don't like the Free things that are offered here and there, it'is just as simple..don't take it

Quote:
Originally Posted by davidke20 View Post
...I think few of us dont mind to put it on live account and run for the testing period. If we can confirm its doing well on the live account, you can also take our words as advertisement...
Thats is a very great sugestion, Thank you..

i've apply an IB to IBFX, but for now, they need some very hard terms, i should have a minimal amount of capital to be shown to them, for now.. i think it is at a great distance..
IF Anybody here is an IB for those respected NFA/CFTC MT4 Brokers, i would be glad to know if there is any chance to discuss for a solutions?

Quote:
Originally Posted by davidke20 View Post
Yohanes,

I presume your name is the same as the platform. Can you please explain why there is 2 trades without trade comment? And the lot size is way to high for your original account size. Besides, I saw a series of trades close all 1 shot without hitting TP/SL. Is there a built in global equity closure function in it? Or you do it by yourself? Please, not criticsm, just to clarify while waitting your pending document to be approve by the admin.



Regards

David
yes!you are right, my name is Yohanes, it's known as "John" on the Bible

There are two or more trades at the very begining of the test phase of the EA, it goes with a big trade sizes, i tweak the code a little to it's maturity up until today

You have a sharp eyes there, yes, if you saw on the descripton on post#12, there is a variable called "ProtectProfit", those trades are closed because the EA have reached its 'goal' i.e the ProtectProfit variable, and because of that, the EA will signal there is no furthur trades need to be taken, and it will close all trades at once (on each pair tick-by-tick)
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  #17 (permalink)  
Old 09-18-2007, 04:43 PM
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hi, interesting result
i am interested

thank you ver much

giapel
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  #18 (permalink)  
Old 09-18-2007, 05:29 PM
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How can I download this EA
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  #19 (permalink)  
Old 09-18-2007, 05:32 PM
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Are you really interested in 50 or 60% drawdowns...really? (do you think trading micro's will solve this fundemental problem...hint: you have they same amount of capital but you reduce your trade size...thus your yield also..you can't have it both ways)

I share for free...I am in it for the "knowledge of the thing"...oh and by the way I am smart.


Head BS'r..trading programmist Team delta

ES


Quote:
Originally Posted by giapel View Post
hi, interesting result
i am interested

thank you ver much

giapel

Quote:
As you may notice on the trades history of the demo account, the EA should also gives a large drawdowns (arround 50% to 60%),

Last edited by ElectricSavant; 11-14-2007 at 11:08 AM.
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  #20 (permalink)  
Old 09-18-2007, 05:43 PM
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Quote:
Originally Posted by ElectricSavant View Post
Are you really interested in 50 or 60% drawdowns...really? (do you think trading micro's will solve this fundemental problem...hint: you have they same amout of capital but you reduce your trade size...thus your yield also..you can't have it both ways)

I share for free...I am in it for the "knowledge of the thing"...oh and by the way I am smart.


Head BS'r..trading programmist Team delta

ES
If the drawdown is with 5 to 6 pairs ,it may be acceptable but any system that can have a drawdown of 50% could also have a drawdown of 90 %

1 MONTH testing is not enough ,a few years may be acceptable

EL cID
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