Programmers needed for consistently profitable system

Hello programmer friends,

I would need my approach to be programmed – see results below.

If you are interested, I will take the first three who send me an email. In the email, I want you to tell me about your past as a programmer as well as detailing your experience in Forex trading. Sorry, I need experienced traders only, so do not consider this if you are just starting out. Programmers chosen will need to work in collaboration with each other.

The detailed statement below covers the month of August 2011.

Note that the demo I used to test this expired before the 3 trades still open closed. They all eventually closed before the end of this week, in profit, for a total of 87 additional pips. The only negative trade (GPBUSD –3.30) is my manual mistake, as I entered the wrong TP.

This approach covers 16 pairs. I might lower to 12, still undecided on that point, more analysis is needed.

Best,

Qpip
Qpip@hotmail.ca (sorry I put ".com" in my original post, it's ".ca")

Hi QPip

if the system is profitable why don't you just send a request to the King of EA's here at FF Mr. Steve Hopwood

Regards, John

You need 2 years of data bro.

I had a system that averaged 17% return per month for a year straight. However, when I decided to tack on an extra year going backwards to it just the 2 months before where I had started previously brought the entire average down to just 6% per month.

It's extremely important to get at least 1.5 years of data...a month is a drop in the bucket because the market will sometimes have wide high/lows within each 30min candlestick. Other months on end it will have small build ups with a single hour where all the day's volatility went into. Other months in a row it will have crazy ranging going all over the place and yet other several months in a clump the market will change again and have predictable support and resistance levels for (usually the last 3 months of each year) where anyone could turn 100K into 1mill with it.

You need more data.

You need 500+ trades and at least 1.5years of data to make sure there isn't 1 month makes it mess up.

You also need to open a live trading account with $150 or so bucks and use .1 lots over & over in your testing.

Why use demo when you can test using a live account and only ever use .1 lot or even 1 micro or minilot so that you still have practically infinite testing you could put it through without worrying at all about blowing up the account.

Demo trading can deceive a person greatly because during live trading you may get 20 pips away during a market blip or you'd have a crappy broker where 4 hours the servers were offline, etc.

I once had a system that after 400 trades yielded only an average of 3.81 pips when combining together all the gains and losses. Now what if these 3.81 pips average per trade was based on a demo environment? It would show something like 5pips average gain per win/loss which isn't true. I even added in .8 extra pips to every single trade past what the bid/ask spread averages to allow extra room for error.

There is a very thin line to skate on sometimes and demo trading or testing things in a demo environment is like trying to learn to skate by watching the Olympics instead of going outside and doing it so that your legs get the feel for how much force this or that trick requires, etc.

mmhhhh....

Interesting.... Somebody asks for help and is shut down by somebody else with 2(!) posts, all in this thread......

qpip, please feel free to drop by

http://www.stevehopwoodforex.com/phpBB3/index.php

Cheers

He might not have been shut down and simply got the help he needed via PM or email.

Also consider the last post was almost a year ago.

oops, my bad..... Apologies, hair day.....