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First look at Ematrader's latest EA

  • #121
  • Dec 25, 2009 11:48am Dec 25, 2009 11:48am
Could you supply a little more information on jadeFX such as where they're located, funds required to open an account, etc.? Thanks.
  • #122
  • Dec 25, 2009 11:55am Dec 25, 2009 11:55am
Quoting johnthom
"more than 50 people using the EA will have all brokers looking for it and disrupting trades" -- now that's the dumbest thing I've ever heard. Did you just fall off the turnip truck yesterday?
I agree 100% with you! LOl
Merry Xmas to all of us at FF.
Bomi, Houston, Tx
Looking forward for this FREE EA in the New Year 2010. May Godd Bless Us LOOSERS all the money that we have lost in the past! LOL
AMIN!
  • #123
  • Dec 25, 2009 12:22pm Dec 25, 2009 12:22pm
Quoting mary4x
Could you supply a little more information on jadeFX such as where they're located, funds required to open an account, etc.? Thanks.
You can find the full info here... http://www.jadeinvestments.com

Originally I opened a small $500 account just to check them out. You can not trade micro lot as they have no dealing desk. Smallest lot size is .1 standard lots. Margin for .1 lot on EURUSD is $80.

So far my experience has been good. Even during news time you rarely see more and a pip or two change in spread and that usually very quick. On average their EURUSD spread is around .4 to .7 pips during regular hours. Commission is 50 cents on .1 lot.
  • #124
  • Dec 25, 2009 12:49pm Dec 25, 2009 12:49pm
Thanks, John.
  • #125
  • Dec 25, 2009 2:55pm Dec 25, 2009 2:55pm
Quoting ematrader
Hi,

This EA is based on my "Trade the Slope System" and my Multi EMA system.
link to TTS System http://www.forexfactory.com/showthread.php?t=52355

EA will be posted here on 01-01-10 @12AM

New test video (if the video is not clear play in few min. Read more info on my youtube channel)
http://www.youtube.com/watch?v=Hjz88ET4PwQ


Preview my EA on YouTube
Link: http://www.youtube.com/watch?v=UqCyrz09HC0

Thanks,
EMATRADER
Hi EMATRADER!

There are only 5 days ! I hope that will be a historical day!
If you need some help, just ask for it.

Merry Christmas and God bless you!
  • #126
  • Dec 25, 2009 3:36pm Dec 25, 2009 3:36pm
ema, I have been working with mt4 for the past few months and realised that the tester is extremely unreliable because often the data is corrupt.

I messed around with mql for a while, then finally realised the best way to have a solid system (for testing first, then trading), is to have another program monitor the price feed from mt4 (by creating a bridge), save the data into a database, then run tests on that data.

These systems are not easy to design at all, need to take into account things like spikes (lasting for seconds) in the prices from your broker, If you are not a seasoned programmer, you will find great difficulty in coding it - espeically with Mql.


Anyways, just thought I would comment because I'm using a similar system but the slopes are decided by the parabolic sar indicator.

Best wishes, merry xmas and a happy new year.

PS. I am also "certain" as I can be from the work i've done so far, to make a profitable expert advisor, you need to have some form of human input/part in the decision making, even if it is only to help the program understand whether the market is trending etc etc.
  • #127
  • Dec 25, 2009 11:56pm Dec 25, 2009 11:56pm
Quoting johnthom
"more than 50 people using the EA will have all brokers looking for it and disrupting trades" -- now that's the dumbest thing I've ever heard. Did you just fall off the turnip truck yesterday?
Says the guy with 39 posts.

Here's an excerpt from a PROFESSIONAL EA coder...

"by limiting the licenses will ensure that all those who purchase this EA don't suffer liquidity issues by everyone trading the same pair as their accounts grow. As had happened with other famous EAs. The smaller the foot print this EA makes on the market, the better it is for all of us."

Call me an idiot if you want...wait till you start trading LIVE (which most of you won't) after 3 consecutive winning trades your broker will start dumping the connection, canceling your trades etc... there are hundreds of these stories...just use GOOGLE
  • #128
  • Dec 26, 2009 12:03am Dec 26, 2009 12:03am
Here's some great trading insight I found in one of your WHOPPING posts (only a few were NOT in the C4-Scalping thread...yeah you got suckered in on that didn't you?)

http://www.forexfactory.com/showthre...76#post2709076

johnthom
Member

Member Since Apr 2009
36 Posts
I have an improvement on this system
1) Get a coin.
2) Flip the coin.
3) Heads go long.
4) Tails go short.
5) Don't bother with a stop loss.
6) Let trade run until hell freezes over.

No wonder you're hoping for the HOLY GRAIL to just be GIVEN to you.

Pathetic...have you tried creating YOUR OWN strategy or do you just surf the Factory ragging on other peoples thoughts.?
  • #129
  • Edited 2:32am Dec 26, 2009 1:03am | Edited 2:32am
Interesting. Signing up to thread.

But not the mud slingers...
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #130
  • Dec 26, 2009 2:14am Dec 26, 2009 2:14am
Quoting pilotui
Here's some great trading insight I found in one of your WHOPPING posts (only a few were NOT in the C4-Scalping thread...yeah you got suckered in on that didn't you?)

http://www.forexfactory.com/showthre...76#post2709076

johnthom
Member...
Ah, I think you missed the point.. this is called sarcasm but if you want to believe it's a strategy, go ahead by all means, start flipping!

Regarding the other non-sense, get a real broker. They don't f with your trades. You are just spreading the same old sore-loser b.s that every one harps on and on about. It's always the brokers fault. Yeah.

I hope you don't consider the number of posts == to successful trading or you will be sadly disappointed.

Go ahead friend, take your next shot. I really don't care about you or what you have to say. The first lesson I learned about trading is to ignore your type.

Happy Holidays.
  • #131
  • Dec 26, 2009 7:48am Dec 26, 2009 7:48am
What has become clear once again is; there will always be vested interests trying to prevent successful strategies and systems from entering public domain. Whatever their interests are, they must take note that consistent performers such as fapturbo and megadroid are being used on live accounts by thousands without affecting liquidity or trade quality.

I have seen such attempts previously on here, for no reason an individual or a group of like minded people suddenly show up on the noteworthy threads and either begin discrediting the system or scaring the developer away.
  • #132
  • Dec 26, 2009 8:18am Dec 26, 2009 8:18am
Quoting pilotui
Aren't you a little concerned with Liquidity issues from all of these people using your EA?

Ask Tim Hayder (if you don't know who it is, then you probably aren't ready to fully automate your account yet) and he'll tell you...more than 50 people using the EA will have all brokers looking for it and disrupting trades.

I appreciate your willingness to help everyone, but in reality you will be hurting yourself.


Just a thought.

Darren
Mainly an issue with low liquidity and hence high spread pairs like EURCAD. Not so much with EURUSD. The EA will need hidden SL/TP and order resend functions, along with the already mentioned emergency SL (as Steve Hopwood calls it, "shirtsaving").

Uber-kudos to ematrader.
TRADE FOR SWAP
  • #133
  • Dec 26, 2009 10:35am Dec 26, 2009 10:35am
I have a feeling that this guy just blew his account
Quoting pilotui
Here's some great trading insight I found in one of your WHOPPING posts (only a few were NOT in the C4-Scalping thread...yeah you got suckered in on that didn't you?)

http://www.forexfactory.com/showthre...76#post2709076

johnthom
Member...
  • #134
  • Edited 5:29pm Dec 26, 2009 1:00pm | Edited 5:29pm
Yes, there are always the paranoid that believe all the lies and stories of other losing traders. Probably naysayers that dont want others to win with a twisted thought that the more that people lose the more money for them, lol. I think I already heard them all in just 3 years of trading. "The broker chases my stops." "My broker reverses the market on me." "My broker dont let the market reach my ea's tp." Fap turbo and megadroid are illegal." "You can't win more than 10 times in a row without a loss." "If you make more than a million in less than a year rest assured you will be investigated by the FBI." "You need to have 4 different brokers and used them randomly if you want to win consistently" and many other funny stories even published by suppossed "pros" that only sell trading books and seminars of their successful strategies, but they never trade.
Just let ematrader post his ea. It's not like everyone will run to their pcs trade live with 100 standard lots and will drain the market in 5 seconds. Most of us know MM and will not keep using an ea that produces more than 5 consecutive losses and no one will be federally prosecuted for using a profitable ea. So relax and wait! Happy Holidays to everyone!

Quoting shiva
What has become clear once again is; there will always be vested interests trying to prevent successful strategies and systems from entering public domain. Whatever their interests are, they must take note that consistent performers such as fapturbo and megadroid are being used on live accounts by thousands without affecting liquidity or trade quality.

I have seen such attempts previously on here, for no reason an individual or a group of like minded people suddenly show up on the noteworthy threads and either begin discrediting the system or...
  • #135
  • Dec 26, 2009 5:06pm Dec 26, 2009 5:06pm
Hey EMA.

Thank you for your generosity.

Now, I was wondering if you are running this EA on a demo account at the moment in preparation for release? If you are, would it be possible to publish some of those results, or a link to MT4Live.com, or similar?

In anticipation,

Invisible
  • #136
  • Dec 28, 2009 1:29am Dec 28, 2009 1:29am
Signing up to thread!
Thanks ematrader!
  • #137
  • Dec 28, 2009 3:39am Dec 28, 2009 3:39am
The results displayed are great. The decidion to give it out free is also very great. Well done ematrader. I await 1st January 2010 to have my copy. Thank you ematrader.
  • #138
  • Dec 28, 2009 3:47am Dec 28, 2009 3:47am
EMA, you seems to have a good system... will check out on 1 Jan 2010... ;-)

Thanks for sharing.. ;-)
  • #139
  • Dec 28, 2009 5:16am Dec 28, 2009 5:16am
Thank you very much, Ematrader!
Waiting Jan, 1.
Happy New Year for everybody!
  • #140
  • Dec 28, 2009 6:29am Dec 28, 2009 6:29am
hi im new here. Personally i enjoy trading so i dont want a robot to be stealing my fun. is there any description on the methodology so that i can trade it manually?
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