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The LMD-Multicurrency

  • #21
  • Feb 21, 2010 2:12pm Feb 21, 2010 2:12pm
I think people should look at the statements on LMD and see what trades it took and how many losers were a certain size and and how many winners were a certain size. Have a look at how many trades made up the profit compared to the losses.


I really don't see it as anything special. If anything wait a while and if it is released it will be decompiled by someone and available free but by which point they will have release a "new and improved" version. Unfortunately these EAs are usually not made by traders but marketers.
Trading is my life
  • #22
  • Feb 21, 2010 2:46pm Feb 21, 2010 2:46pm
Quote
Ciao, Do anybody start use LMD ? how it's good for the value of $999 ??

http://www.forex-robot-world-cup.com...-Multicurrency

999 is not a price for LMD, it is a price of whole package (10 EAs + Fusion)
  • #23
  • Feb 22, 2010 2:34am Feb 22, 2010 2:34am
I want buy only the Eirider how can I do ? thank you
  • #24
  • Feb 22, 2010 4:47am Feb 22, 2010 4:47am
hi, i actually bought the whole package on feb 16th.....and now i'm already +12%......so for my account (10000) i've already covered the cost!
i'm trying to decompile it so i can use it in myultiples account (my clients's accounts...) let see if it happens something!
  • #25
  • Feb 22, 2010 7:02pm Feb 22, 2010 7:02pm
Quoting The flame
hi, i actually bought the whole package on feb 16th.....and now i'm already +12%......so for my account (10000) i've already covered the cost!
i'm trying to decompile it so i can use it in myultiples account (my clients's accounts...) let see if it happens something!
Are you using that Fusion too?
  • #26
  • Feb 23, 2010 1:51am Feb 23, 2010 1:51am
Quoting The flame
hi, i actually bought the whole package on feb 16th.....and now i'm already +12%......so for my account (10000) i've already covered the cost!
i'm trying to decompile it so i can use it in myultiples account (my clients's accounts...) let see if it happens something!

12% in less than a week....mmmmm... and you don't see the problem in that:-)
Trading is my life
  • #27
  • Feb 23, 2010 2:46am Feb 23, 2010 2:46am
should i? i'm a full time trader so what's strange in that? i average 1-1.5% a day with a leverage of 2 for every order (and i'm not even working hard actually....let's say sometime i take my time for a coffee.)....so tell me what's the problem of watching what's going on on a demo account and convert those order in a live account with a dedicated mirror?(used by tons of professional trading floors....)
i'm just testing the fusion with a 0.2 lot....so i'm not even using an incredible leverage! and of course these results don't come from a couple of orders but by more than 80! should i be worried? by now actually no... as i'm getting the source code..step by step...
but what i saw posting here is that tons of non professional traders (that of course doesn't mean not good, most of the time is the contrary..!) are willing to say that nothing works apart from what they use...
is fusion a scam? let's see in the future, but saying that right now is of course wrong...
am i saying that we found the holy grail? of course not! i'm just saying that is behaving pretty good, even with wrong orders that turned in losses as a normal strategy..
try to trade all day long and then tell me that averaging 1-2% a day is impossible...please!!
if u want to see some statement just to get what i said ask!
  • #28
  • Edited 4:10am Feb 23, 2010 2:52am | Edited 4:10am
Quoting Hooya
I think people should look at the statements on LMD and see what trades it took and how many losers were a certain size and and how many winners were a certain size. Have a look at how many trades made up the profit compared to the losses.


I really don't see it as anything special. If anything wait a while and if it is released it will be decompiled by someone and available free but by which point they will have release a "new and improved" version. Unfortunately these EAs are usually not made by traders but marketers.

actually a couple of those ea's were made by traders that usually post here!!!!!!!!!.....are u really saying that they're only marketer and not traders...??
  • #29
  • Feb 24, 2010 2:19am Feb 24, 2010 2:19am
We are all full time traders are we not? Been full time for the last 7 years. Full time or part time makes no difference. The point is more often than not these EAs use silly risk to reward ratios. Stops are often 2-4 times tragets and thus is you can make 2% in a day then the are often risking 4-8% to achieve that.

LMD may be really good on the R:R I don't know but the statement they provided does not make me jump out and think wow this is a better system/method than I am already using?


I never said 2% was impossible? In fact if you are like me and traded on only a £25k account you are going to need to trade to make that in order to make a living. The point I was making is trading the way we have to to make a living is risky enough. To do it using a FX robot that has a poor risk to reward ratio, an odd looking trading statement I don't think is a great idea. But the fact that it is an EA that makes 10% in a week then yes I would question it.

Sure thing I would like to see trading statements....email me at [email protected]

"u really saying that they're only marketer and not traders"

Well if they are more willing to sell it than trade it then maybe?? But more often than not I would be right with that statement.

I am sure they will be happy knowing that the Flame is decompiling it though:-)
Trading is my life
  • #30
  • Feb 24, 2010 3:09am Feb 24, 2010 3:09am
Quoting Hooya
We are all full time traders are we not? Been full time for the last 7 years. Full time or part time makes no difference. The point is more often than not these EAs use silly risk to reward ratios. Stops are often 2-4 times tragets and thus is you can make 2% in a day then the are often risking 4-8% to achieve that.

LMD may be really good on the R:R I don't know but the statement they provided does not make me jump out and think wow this is a better system/method than I am already using?


I never said 2% was impossible? In fact if you are...
actually not THEIR robot.....as the real owners are from serbia and south africa...!
  • #31
  • Feb 24, 2010 6:36am Feb 24, 2010 6:36am
cool.

Look forward to the statements when you get a chance.
Trading is my life
  • #32
  • Feb 25, 2010 2:50am Feb 25, 2010 2:50am
there you go!
mt4i.com/users/ikonforex2
it's an old one (updated in dec but it's still valid as a strategy!)
  • #33
  • Feb 25, 2010 8:18am Feb 25, 2010 8:18am
Quoting Ronald Raygun
I'm trying to see if I can reduce the patterns detected from two to one.
LMD fires off trades every day at 0:00. It would be easy to capture with webpage download from MyFXBook into a CSV file and load it into MT4. Just don't know if its worth the effort. Its much more fun to try to reverse engineer it.
  • #34
  • Feb 25, 2010 11:22am Feb 25, 2010 11:22am
Quoting Ronald Raygun
I managed to reverse engineer maybe 50% of LMD multicurrency. Almost all the trades are taken either after marching soldiers or a piercing candle.

Still trying to reduce it to one.
Hey there, RR, any further progress on this one? I'm still working on it too.

Thanks,
Ed
  • #35
  • Feb 25, 2010 12:12pm Feb 25, 2010 12:12pm
msg me via skype.
  • #36
  • Feb 26, 2010 2:45am Feb 26, 2010 2:45am
Quoting The flame
there you go!
mt4i.com/users/ikonforex2
it's an old one (updated in dec but it's still valid as a strategy!)

I was thinking a real account not a demo but more importantly I was thinking the trades of LMD et al since you started trading it Feb 16th.
Trading is my life
  • #37
  • Feb 26, 2010 4:01am Feb 26, 2010 4:01am
ah! ok! wait a little....i was thinking mine client statements..... (actually that one is the real one because i trade directly on a demo account and then i let an API mirror to convert the order in the real account! (is so great seeing the robots behaving good both on demo and real!)
In this way i don't have problems related to live account and robot designed only for demo!
  • #38
  • Feb 26, 2010 10:00am Feb 26, 2010 10:00am
Quoting The flame
ah! ok! wait a little....i was thinking mine client statements..... (actually that one is the real one because i trade directly on a demo account and then i let an API mirror to convert the order in the real account! (is so great seeing the robots behaving good both on demo and real!)
In this way i don't have problems related to live account and robot designed only for demo!

client statements? I thought you only started trading a few months ago (according to previous posts on this board) how did you manage to get clients.

Anyway if they are real trades then you should be trading several $million accounts not $100k. Because your returns are better than any fund manager in the industry.
Trading is my life
  • #39
  • Feb 27, 2010 3:16am Feb 27, 2010 3:16am
You never enter a new place yelling that you already know how to do something.. That was my approach... Better letting people think you're a newbie so you can choose the ones that really help you instead of saying bs... However that was the result not of a single trader, but actually of three different managers trading with several strategy and letting the mirror send those order to a single account... It was just to give the idea i was talking about ie gaining more than 1-2% a day (it's actually 1.78% compounded).. But it was of course a very very very lucky period for the huge movement of the dollar! And it was a very risky client profile...
  • #40
  • Edited 7:37am Feb 27, 2010 3:20am | Edited 7:37am
However talking again about fusion BOT the point was that as it has been created merging 5 BOT i don't get particularly amazed or scared seeing a 12% in a small time period because it's like seeing 2% on a normal BOT! Time will tell... By now it's doing its job..
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