Hi,
I am a developer of algorithmic trading strategies. I'm not a fan of aggressive marketing because I don't want to persuade people to buy stuff and I think everyone should decide 100% for themselves whether an investment is worth the risk or not (and there's always a risk). Still I think that my systems deserve a little more publicity and with this thread I can also help to clarify questions about the strategies.
Here are some links to live accounts and my mql profile:
https://www.myfxbook.com/members/cor...calper/2175846
https://www.myfxbook.com/members/corni
https://www.mql5.com/en/users/corni/seller#products
I will not make any claims about future profits as there are many factors that can reduce the profitability of night scalpers (like bad brokerage conditions or unexpected news events). I am also known to my clients to be very honest and transparent about performance and possible risks/downsides of any strategy.
But my systems have proven to be profitable in live trading so far as well as on real tick backtests with commission and slippage simulation. To reduce the probability of high risk trades, the EAs also have a news filter, a stock market crash filter and even a breaking news filter (only available on personal request). For the latter two, as far as I know, my systems are the only public night scalpers offering such filters. Especially the stock filter can help to reduce the drawdowns in stock market crash phases like 2007/2008 where many night scalpers have big drawdowns in backtests.
I also recently published a product that offers some of those filters for other strategies as a sort of EA manager.
A question I get asked often is: If the EAs are so successful why I am selling the EAs instead of just trading them myself or offering a PAMM solution? This is a valid argument again any public EA system. In my case there are two reason. First, I don't have a large account myself, so I could not live only from trading my own money and selling the EAs helps to grow the account. Also, I will limit the total number of users to a certain number, maybe 100 or 200 to ensure that they will not suffer too much from slippage. I will do that by increasing the price and eventually hiding the products from the market.
The second reason is that especially for night scalpers my theory is that they will work less efficiently on very large accounts (for example a PAMM account with 1-2 million USD) because they are very senstive to brokerage conditions (spread around swap time, execution, slippage). Many brokers offer quite good execution for retail clients, but might put you on another more aggressive feed if you trade a large PAMM account. Therefore, I think it might be more profitable for everyone if users trade it separately on their account (distributed over different MT4 servers and brokers) rather than on a combined large PAMM account.
You can also contact me personally at [email protected] in case you want to discuss some offers outside the mql market or have any questions about the systems.
Kind regards,
Roman
I am a developer of algorithmic trading strategies. I'm not a fan of aggressive marketing because I don't want to persuade people to buy stuff and I think everyone should decide 100% for themselves whether an investment is worth the risk or not (and there's always a risk). Still I think that my systems deserve a little more publicity and with this thread I can also help to clarify questions about the strategies.
Here are some links to live accounts and my mql profile:
https://www.myfxbook.com/members/cor...calper/2175846
https://www.myfxbook.com/members/corni
https://www.mql5.com/en/users/corni/seller#products
I will not make any claims about future profits as there are many factors that can reduce the profitability of night scalpers (like bad brokerage conditions or unexpected news events). I am also known to my clients to be very honest and transparent about performance and possible risks/downsides of any strategy.
But my systems have proven to be profitable in live trading so far as well as on real tick backtests with commission and slippage simulation. To reduce the probability of high risk trades, the EAs also have a news filter, a stock market crash filter and even a breaking news filter (only available on personal request). For the latter two, as far as I know, my systems are the only public night scalpers offering such filters. Especially the stock filter can help to reduce the drawdowns in stock market crash phases like 2007/2008 where many night scalpers have big drawdowns in backtests.
I also recently published a product that offers some of those filters for other strategies as a sort of EA manager.
A question I get asked often is: If the EAs are so successful why I am selling the EAs instead of just trading them myself or offering a PAMM solution? This is a valid argument again any public EA system. In my case there are two reason. First, I don't have a large account myself, so I could not live only from trading my own money and selling the EAs helps to grow the account. Also, I will limit the total number of users to a certain number, maybe 100 or 200 to ensure that they will not suffer too much from slippage. I will do that by increasing the price and eventually hiding the products from the market.
The second reason is that especially for night scalpers my theory is that they will work less efficiently on very large accounts (for example a PAMM account with 1-2 million USD) because they are very senstive to brokerage conditions (spread around swap time, execution, slippage). Many brokers offer quite good execution for retail clients, but might put you on another more aggressive feed if you trade a large PAMM account. Therefore, I think it might be more profitable for everyone if users trade it separately on their account (distributed over different MT4 servers and brokers) rather than on a combined large PAMM account.
You can also contact me personally at [email protected] in case you want to discuss some offers outside the mql market or have any questions about the systems.
Kind regards,
Roman