- #8
- Jul 25, 2009 8:40am Jul 25, 2009 8:40am
- Joined Jun 2009 | Status: <-That's how u gonna b, in the END! | 1,509 Posts
Some things to notice :
- All Trades on Same pair
- Every Trade has been closed within the same minute of open
- Only Losing trade is some 300+ and not closed within 1minute (hit SL)
- Average Per trade Lot size seems to around 1.20
- TP 5pips SL 25pips So Risk:Reward 5:1 .... is that any where close to NORMAL?
Btw what was the purpose of this thread?
- All Trades on Same pair
- Every Trade has been closed within the same minute of open
- Only Losing trade is some 300+ and not closed within 1minute (hit SL)
- Average Per trade Lot size seems to around 1.20
- TP 5pips SL 25pips So Risk:Reward 5:1 .... is that any where close to NORMAL?
Btw what was the purpose of this thread?
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
- #9
- Jul 25, 2009 11:12am Jul 25, 2009 11:12am
Some things to notice :
Btw what was the purpose of this thread?
he create this thread in programming section,
but none of us talking about programming such EA XD
- #12
- Jul 25, 2009 9:12pm Jul 25, 2009 9:12pm
Actually most are 2-3 pips scalps. results look good but you'd have a hard time finding a executing broker thats not a ECN. Actually a bucket shop would be the best spot but they'd eventually stop covering the trades since they lose. - The results are very impressive and I'd like to see a 30 day run on this puppy. - too bad the scalps are so small because that means the signals could never be sold - the lag between you -->> master server -->> clients is just too great but at least you could grow direct-trade accounts quite nicely.
I wonder if an MM brokers saw a live result like this will they still allow withdrawal
most of them probably freeze the account or deletes some of the trades
- #17
- Jul 28, 2009 5:49am Jul 28, 2009 5:49am
- Joined Sep 2006 | Status: ... | 8,112 Posts
I don't understand how any EA can work this profitably. 
As far as I can tell..........
There are only 3 losses in ~750 trades, a > 99.5% win rate. It is scalping 2-3 pip wins with a starting TP=5 and SL=25. Even if the broker's spread was zero, there's still approx a 2/25 (8%) probability of hitting a 25 pip SL before a 2 pip target, with random entries/exits. Hence the analysis has got to be phenomenal, way beyond what the world's best human trader could hope to achieve. And then it's got to somehow be programmed into a robot.
There are times the EA is placing consecutive trades without any cooldown time. Hence it's not being very selective about its entries. That must surely raise further questions about the analysis that's being applied.
There's nothing exceptional with the MM, it's risking a conservative 2%-3% per trade, hence the exceptional profit is not the result of over-leveraging across a few 'lucky' trades. I don't see any need to test it for 30 days. 3 losses in 750 trades falls way outside any kind of statistical 'deviation'.
In trying to evaluate scenarios like this, I try to make some plausible real-life comparisons. $10k to $1m is 10,000% return in 3 (market) days. If the world's best traders can't achieve a return of several hundred percent in a day, then what hope is there for a robot? Unless the EA is running with a broker that offers a negative spread (LOL), ......... well, draw your own conclusions.
As far as I can tell..........
There are only 3 losses in ~750 trades, a > 99.5% win rate. It is scalping 2-3 pip wins with a starting TP=5 and SL=25. Even if the broker's spread was zero, there's still approx a 2/25 (8%) probability of hitting a 25 pip SL before a 2 pip target, with random entries/exits. Hence the analysis has got to be phenomenal, way beyond what the world's best human trader could hope to achieve. And then it's got to somehow be programmed into a robot.
There are times the EA is placing consecutive trades without any cooldown time. Hence it's not being very selective about its entries. That must surely raise further questions about the analysis that's being applied.
There's nothing exceptional with the MM, it's risking a conservative 2%-3% per trade, hence the exceptional profit is not the result of over-leveraging across a few 'lucky' trades. I don't see any need to test it for 30 days. 3 losses in 750 trades falls way outside any kind of statistical 'deviation'.
In trying to evaluate scenarios like this, I try to make some plausible real-life comparisons. $10k to $1m is 10,000% return in 3 (market) days. If the world's best traders can't achieve a return of several hundred percent in a day, then what hope is there for a robot? Unless the EA is running with a broker that offers a negative spread (LOL), ......... well, draw your own conclusions.
I don't understand how any EA can work this profitably.
I'm not insane; my mother had me tested.
- #20
- Jul 28, 2009 12:12pm Jul 28, 2009 12:12pm
I do thinx this EA result is fake, for example look at the trade on 2009.07.23 14:42 it open and close a buy and sell at the same minute.
Also this result seems to be sorted by opening time, but the ticket numbers did sorted according it (where ticket numbers usually increases everytime)
while in the result the number sometime higher and sometime lower than previous order.
So i thinx its suspicious
Also this result seems to be sorted by opening time, but the ticket numbers did sorted according it (where ticket numbers usually increases everytime)
while in the result the number sometime higher and sometime lower than previous order.
So i thinx its suspicious