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trendchaser super ea

  • #281
  • Mar 6, 2008 11:57am Mar 6, 2008 11:57am
oh i dont recommend going live immediatly

i recommend you demo untill you completely understand how the ea works
the ea on the site is for ibfx mini

especially dont go live if your using a diferent broker, no telling the results

Quoting ElectricSavant
Hello there orion70 and everybody,

I got a PM on another site to check out the work here and I want to Thank trendchaser for making the reseach so interesting. Sometimes posting in academic ways becomes relentlessly tiresome. I am convinced that trendchaser can use either writing style and I am glad he chose the entertaining one in superEA.

I started reading this thread from the beginning and I fell asleep as I was so tired and I stayed logged into this thread (as I might of thought I was dreaming). This is why you saw me logged in for so long orion70 (can we please just forget about Steinitz...gawd I still get his sales emails).

From what I gather this EA should be downloaded from the website on a live account. I usually do not do that and I already know this is the way I wish to trade.

My question is I feel uncomfortable downloading straight to live from the get-go, but using the demo is absolutley worthless. so my question: will the defaults allow me the SMALLEST trade size possible so that the few bucks I risk will be meaningless (I can later return to the defaults after I get confidence if I change them to a smaller lotsize).

I plan on using a 1K live account and I can post my experiences here if the readers wish me to do so...however our thread author and others may not like to draw too much attention to this method. I gather there is a little apprehension to making this a popular, well-known method that can get filtered...etc...

ES

P.S. Please excuse the review of the material in this thread that my post reiterates...but I believe there should be a LIVE DEMO setfile..
  • #282
  • Mar 6, 2008 12:00pm Mar 6, 2008 12:00pm
that version will run live or demo, they all de exept the demo only version on the first post

all ea's have a expiration date

Quoting M4X
I am using the Beta version found in the attachments section... my question is... can this version be used live? is it a full working version? does it expire?
please TC fill me in on what the Beta version may or may not do in the future..

thanks
  • #283
  • Mar 6, 2008 12:03pm Mar 6, 2008 12:03pm
trendchaser,

I know you don't broadcast publically or condone going live blindly...who would want that responsibility (every trader should know by now that it is YOUR OWN responsibility and no one elses...but our thread author does not want to lead anybody down the wrong path)

But normally

1) I test in Demo for 3-6 months

then..

2) I go live with nanolots...(0.01 in a mini IBFX usually with a 1K test balance as that is what I am accustomed to)

then...

3) I calibrate to the DD I can tolerate...

I am a forward tester and do not backtest.

I was thinking if there were setting risking just a few bucks it would not hurt to cut tot he chase and straight to live...but being that this is mathematically progressing model...it may not matter much if one starts out a progression at the minimum of 0.01 lotsize.

Is there a minimalistic approach for me to jump to step 2 immediatly?

ES


Quoting trendchaser
oh i dont recommend going live immediatly

i recommend you demo untill you completely understand how the ea works
the ea on the site is for ibfx mini

especially dont go live if your using a diferent broker, no telling the results
  • #284
  • Mar 6, 2008 12:03pm Mar 6, 2008 12:03pm
i dont follow you on the setfile
setting i use is default on live and demo

i tried something new on a demo im running, maybe you read that, but it has greater dd

default settings is the best so far

Quoting ElectricSavant
Hello there orion70, trendchaser and everybody,

I got a PM on another site to check out the work here and I want to Thank trendchaser for making the research so interesting. Sometimes posting in academic ways becomes relentlessly tiresome. I am convinced that trendchaser can use either writing style and I am glad he chose the entertaining one in superEA.

I started reading this thread from the beginning and I fell asleep as I was so tired and I stayed logged into this thread (as I might of thought I was dreaming). This is why you saw me logged in for so long orion70 (can we please just forget about Steinitz...gawd I still get his sales emails).

From what I gather this EA should be downloaded from the website on a live account. I usually do not do that and I already know this is the way I wish to trade.

My question is I feel uncomfortable downloading straight to live from the get-go, but using the demo is absolutley worthless. so my question: will the defaults allow me the SMALLEST trade size possible so that the few bucks I risk will be meaningless (I can later return to the defaults after I get confidence if I change them to a smaller lotsize. I think this was covered, but I wish to confirm with the latest version posted on the website, which may different than the one here).

I plan on using a 1K live account and I can post my experiences here if the readers wish me to do so...however our thread author and others may not like to draw too much attention to this method. I gather there is a little apprehension to making this a popular, well-known method that can get filtered...etc...

ES

P.S. Please excuse the review of the material in this thread that my post reiterates...but I believe there should be a LIVE DEMO setfile.. Perhpas trendchaser migh post a second DEMO LIVE link on the website.
  • #285
  • Mar 6, 2008 12:07pm Mar 6, 2008 12:07pm
actually theres not, with 1k your already betting 0.01 lots

at bout 1300 youl advance to 0.02 lots

there isnt a way to only risk few bucks without hindering the performance
at the moment this is a trade untill you winn, or lose 50% of your account ea

so i think you dont wanna skipp step 1 just yet

Quoting ElectricSavant
I know you don't...who would want that responsibility

But normally'''

1) I test in Demo for 3-6 months

then..

2) I go live with nanolots...

then...

3) I calibrate to the DD I can tolerate...

I am a forward tester and do not backtest.

I was thinking if there were setting risking just a few bucks it would not hurt to cut tot he chase and straight to live...but being that this is mathematically progressing model...it may not matter much if one starts out a progression at the minimum of 0.01 lotsize.

Is there a minimalistic approach for me to jump to step 2 immediatly?

ES
  • #286
  • Mar 6, 2008 12:08pm Mar 6, 2008 12:08pm
Why should I test an EA with an expiration date?

ES


Quoting trendchaser
that version will run live or demo, they all de exept the demo only version on the first post

all ea's have a expiration date
  • #287
  • Mar 6, 2008 12:11pm Mar 6, 2008 12:11pm
trendchaser

you have already exhaustively proven that IBFX demo is an utter waste of time with your screenshots and transcripts from the IBFX help desk..

So am i to waste my time with an EA that expires anyways?

ES


so i think you dont wanna skipp step 1 just yet
  • #288
  • Mar 6, 2008 12:12pm Mar 6, 2008 12:12pm
i guess the expiration date gives me some control at the time being, im pondering the consequences if i remove it

my main concern is if thousands of ppl use this until it doesnt work anylonger

i would like to hear others thoughts on this subject

i dont really see the ea changing because of how it works ?


Quoting ElectricSavant
Why should I test an EA with an expiration date?

ES
  • #289
  • Mar 6, 2008 12:12pm Mar 6, 2008 12:12pm
Maybe i should make a donation to get a liftime EA without an expiration and upgrades?

I know that would just thrill you to death trendchaser...

ES
  • #290
  • Mar 6, 2008 12:14pm Mar 6, 2008 12:14pm
I think that when you take it public, you ruin your own chances at profitability...that is just the way it is and all of these Forums are a huge waste of time...

There you have it....in a handbasket...

ES


Quoting trendchaser
i guess the expiration date gives me some control at the time being, im pondering the consequences if i remove it

my main concern is if thousands of ppl use this until it doesnt work anylonger

i would like to hear others thoughts on this subject

i dont really see the ea changing because of how it works ?
  • #291
  • Mar 6, 2008 12:14pm Mar 6, 2008 12:14pm
Quoting ElectricSavant
Maybe i should make a donation to get a liftime EA without an expiration and upgrades?

I know that would just thrill you to death trendchaser...

ES
Yeah, cool idea! But he will surely not die by that.
Any constructive comments?
  • #292
  • Mar 6, 2008 12:16pm Mar 6, 2008 12:16pm
Quoting ElectricSavant
I think that when you take it public, you ruin your own chances at profitability...that is just the way it is and all of these Forums are a huge waste of time...

There you have it....in a handbasket...

ES
Received with interest! Now go home. If you want to pick a fight for nothing, go out in the streets and find a handful of nice partners.
  • #293
  • Mar 6, 2008 12:18pm Mar 6, 2008 12:18pm
gnat,

if I recall trendchaser solicatred comments...truth hurts?

Quote
ES

i guess the expiration date gives me some control at the time being, im pondering the consequences if i remove it

my main concern is if thousands of ppl use this until it doesnt work anylonger

i would like to hear others thoughts on this subject

i dont really see the ea changing because of how it works ?



Quoting Gnat
Received with interest! Now go home. If you want to pick a fight for nothing, go out in the streets and find a handful of nice partners.
  • #294
  • Mar 6, 2008 12:18pm Mar 6, 2008 12:18pm
i hope it dont kill me

my hangover is coming close lol
  • #295
  • Mar 6, 2008 12:20pm Mar 6, 2008 12:20pm
i agree with that if the system were to simple, like a ma cross

but i dont know with the way this system works?


Quoting ElectricSavant
I think that when you take it public, you ruin your own chances at profitability...that is just the way it is and all of these Forums are a huge waste of time...

There you have it....in a handbasket...

ES
  • #296
  • Mar 6, 2008 12:21pm Mar 6, 2008 12:21pm
Quoting trendchaser
i hope it dont kill me

my hangover is coming close lol
Vitamin B and lots of water, that should help... LOL

Quite a night huh?

Scott
  • #297
  • Mar 6, 2008 12:22pm Mar 6, 2008 12:22pm
...has forexfactory been reduced to readers like gnat? that are quick to post without considering objective contributions?...

must I post to trendchaser only what this Forum chooses to hear...only one-sided and biased?

ES

P.S. when you are ready to get out of Denial...lets talk about trading and why Forex does not work...
  • #298
  • Mar 6, 2008 12:23pm Mar 6, 2008 12:23pm
did i miss something?
i am interested to what happens to a system if many ppl use it
id think it could eventually ruin it
but what do i know?

Quoting Gnat
Received with interest! Now go home. If you want to pick a fight for nothing, go out in the streets and find a handful of nice partners.
  • #299
  • Mar 6, 2008 12:24pm Mar 6, 2008 12:24pm
trendchaser has two posts in this thread that are absolutly the truth and from the observations of an astute trader...I suggest those of you in denial re-read this thread and search for those two posts..

ES
  • #300
  • Mar 6, 2008 12:25pm Mar 6, 2008 12:25pm
Quoting ElectricSavant
gnat,

if I recall trendchaser solicatred comments...truth hurts?

ES
By taking his EA out into a public forum, TC is ruining his chances of trading his own creation sucessfully! If that is the truth it really hurts - big time? How can that be? Is he going to find so many followers that in the end the whole market is trading his EA and as the EA wants to buy there will be no liquidity anywhere to take the other side?
And all these forums suck - well, then, why bother? What are you doing here, when you have already received higher blessings and have fully understood the way the world turns in Forex? And why just spit out "smart" murmurings and make fun about donations?
As you are on the other hand convinced that the EA will move the whole market - why not make a HUGE donation and buy the rights off TC? And if you want a version without expiration - what about asking for one and the corresponding conditions?

Edit: Just read your other post. Forget it. Denial ... this denial pays may bills and has done for a long time... Foxtrot Oscar! I'm off!
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