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EA with 100% gains on live forward account?

  • #1
  • First Post: Sep 22, 2010 7:20am Sep 22, 2010 7:20am
Hi all,

This trading statement is shared by one of my friend, who is trading live with some EA, which i see gave very wonderful result, but he refused to tell me more details like EA used and its settings etc, or even the price at which he bought the EA.

So i need help of experts here to find which EA was used likely and were to find them, i check several EA but no luck, i am not able to find them

This EA made some 100% gain in 3 months of live forward testing and seems very good at using some different strategies and flavors of martingale??

If any one shed light more on it, it is highly appreciated and thanks in advance
Attached File(s)
File Type: zip WhaT EA is this.zip   125 KB | 770 downloads
  • #2
  • Sep 22, 2010 8:28am Sep 22, 2010 8:28am
Any luck to find what ea is this? for me looks like mix of scalper and sort of martingale?

I tried to compare it with hi lo ea from tradingsystemforex and few more using semi and mixed martingale but not able to find as same one similar to it,,,
  • #3
  • Sep 23, 2010 1:38am Sep 23, 2010 1:38am
Any thing found, ? please consider to help and if any one want i can get read only access of one account with live ea running by the fund manager who use it, he don't bother to share it, but he is not willing to share even demo file of EA due to cracking risk?? i am not sure as cracking this is not my intention too, but it is upto him all i what to use it a EA like this and run it on my own with my personal risk definitions....
  • #4
  • Sep 23, 2010 5:28am Sep 23, 2010 5:28am
Quoting amarfx
Any thing found, ? please consider to help and if any one want i can get read only access of one account with live ea running by the fund manager who use it, he don't bother to share it, but he is not willing to share even demo file of EA due to cracking risk?? i am not sure as cracking this is not my intention too, but it is upto him all i what to use it a EA like this and run it on my own with my personal risk definitions....
Are you trying to find out which EA was used just from the statements ?
  • #5
  • Edited 7:28am Sep 23, 2010 7:09am | Edited 7:28am
Quoting amarfx
martingale
If there is martingale involved then you don't want to use it. It will only delay your progress, after half a year you will be thrown back to square one and will realize that you just wasted 6 months for nothing or even worse.

If you don't believe me then you are doomed to experience the pain yourself. You will remember my words and you will hate yourself for not listening.

I hope you will incorporate the experiences that your friend will make into your own decision before it happens to you. He has now doubled his account and is statistically in the region where a little account blow would be appropriate to keep the statistical mean where it is expected to be. On average (and this can be mathematically proven) it will blow the account as often as it doubles. If you are lucky you will be able to watch this spectacle from the front row early enough to revise your own decisions. If you are wise you tell your friend to stop NOW before its too late.

Print out this posting and pin it to the wall and keep it for future reference.
  • #6
  • Sep 23, 2010 7:10am Sep 23, 2010 7:10am
Are you willing to trade a live account with a 50% DD, cuz most people would have a heartattack with that kind of MM on their live acct. Consider that before you spend too much time researching this particular system.
  • #7
  • Sep 23, 2010 8:02am Sep 23, 2010 8:02am
Quoting pipstalker
Are you willing to trade a live account with a 50% DD, cuz most people would have a heartattack with that kind of MM on their live acct. Consider that before you spend too much time researching this particular system.
50% is way to much in my opinion a system only has to have a max of 10% drawdown.

Martingales are interresting to follow (esspecially to see when they blow up)
  • #8
  • Sep 23, 2010 8:09am Sep 23, 2010 8:09am
Quoting 7bit
If there is martingale involved then you don't want to use it. It will only delay your progress, after half a year you will be thrown back to square one and will realize that you just wasted 6 months for nothing or even worse.

If you don't believe me then you are doomed to experience the pain yourself. You will remember my words and you will hate yourself for not listening.

I hope you will incorporate the experiences that your friend will make into your own decision before it happens to you. He has now doubled his account and is statistically...
I agree with your words and i am not big fan of martingales btw i am even unsure does this ea use sort of martingale exactly, what i saw was just some lives accts my friend used with different ea's and he explained me clearly this acct was with max risk setting possible and to be honest he is quite ethical in this regards in explaining the risk of blow out if stuff dont works in a way it need to be.

But he totally refused to me, what ea was used and what are their settings, i am not even sure it is own coded or commercial too, that why i tried to posted the trade log of it to see, can any champs here can crack it, like some idea behind it
  • #9
  • Sep 23, 2010 9:07am Sep 23, 2010 9:07am
Quoting amarfx
I agree with your words and i am not big fan of martingales btw i am even unsure does this ea use sort of martingale exactly, what i saw was just some lives accts my friend used with different ea's and he explained me clearly this acct was with max risk setting possible and to be honest he is quite ethical in this regards in explaining the risk of blow out if stuff dont works in a way it need to be.

But he totally refused to me, what ea was used and what are their settings, i am not even sure it is own coded or commercial too, that why i tried...
Martingale or not its impossible to tell how an EA or trader trades just by looking at statements...
  • #10
  • Sep 23, 2010 1:20pm Sep 23, 2010 1:20pm
Quoting Chunnel
50% is way to much in my opinion a system only has to have a max of 10% drawdown.

Martingales are interresting to follow (esspecially to see when they blow up)
I am prepared to take such risk on small account of 5k size max, i don't mind it when it have hidden chance to double up every quarter.
  • #11
  • Sep 23, 2010 1:24pm Sep 23, 2010 1:24pm
i'm telling you now, don't waste your time.
  • #12
  • Sep 23, 2010 1:24pm Sep 23, 2010 1:24pm
oh, and he can't be much of a friend if he won't tell you.
  • #13
  • Sep 23, 2010 1:32pm Sep 23, 2010 1:32pm
Quoting witsnpips
oh, and he can't be much of a friend if he won't tell you.
Or the other way around. What kind of friend would post his friends trading statements on the web?

Amar obviously cant be trusted, I wouldnt tell him anything either!
  • #14
  • Sep 23, 2010 11:57pm Sep 23, 2010 11:57pm
Quoting traderjai_inhi
Or the other way around. What kind of friend would post his friends trading statements on the web?

Amar obviously cant be trusted, I wouldnt tell him anything either!
I have taken due permission from the friend who manage this fund to post records and he obviously challenged me, it is not possible to find what system or methods he is using, so i put up here to see, any luck out there, if its any popular free or commercial system to which he might added some tweaks, but he is not generous enough to sell or offer it, at same time he don't bother if i am able to find, how and what basis he makes trades...

traderjai, i don't see i did any kind of misuse or breached any trust either, its all your poor understanding..
  • #15
  • Sep 24, 2010 5:12am Sep 24, 2010 5:12am
Quoting amarfx
I have taken due permission from the friend who manage this fund to post records and he obviously challenged me, it is not possible to find what system or methods he is using, so i put up here to see, any luck out there, if its any popular free or commercial system to which he might added some tweaks, but he is not generous enough to sell or offer it, at same time he don't bother if i am able to find, how and what basis he makes trades...

traderjai, i don't see i did any kind of misuse or breached any trust either, its all your poor understanding.....
Hi Amar,

From the glance on the statement, it is for sure not a martingale!
But increasing lotsize based on the equity increase.

And it is kind of high frequency trades + closeall function when reach some target profit.

Within same minutes, it can trigger few trades when signal found.

I can reverse engineering from the statement to make it into EA if i want.

I have kind of similar EA and it can reach 100% even within a month if the trend signal is correct.
But it can blow the account within a month too
  • #16
  • Oct 14, 2010 12:18am Oct 14, 2010 12:18am
Any luck on reverse engineering it so far?
  • #17
  • Sep 7, 2017 12:23pm Sep 7, 2017 12:23pm
Is there any EA which can provide 10% gain daily or 300% monthly using 20,000K account. Lot size should not go above .50 and it should use martingale.
And max DD of 40%
  • #18
  • Edited 8:48am Sep 12, 2017 7:44am | Edited 8:48am
Quoting comeback2000
Is there any EA which can provide 10% gain daily or 300% monthly using 20,000K account. Lot size should not go above .50 and it should use martingale. And max DD of 40%
YOU made my day!

-YES, there are many robots with exactly these settings.
And the trustful advertising will lead you there.

Danke.. lost my coffee

PS:
Don t get me wrong. there are ordertools with these configurations, low DD I use. ( see pipc, a 5 week trade Multi Entry and Multi Exit)
But.. itīs never a stand alone bot that gains like hell and survive.

Guido
Attached Image (click to enlarge)
Click to Enlarge Name: Forwardtesting ..12.9..gif Size: 7 KB
Risiko birgt immer auch die Chance.
  • #19
  • Sep 12, 2017 8:22am Sep 12, 2017 8:22am
i use exact live real money's setting convert to tester. can't share the settings here. a bit surprise, live result better than tester's result. live result is around 380 pips but tester we see is just around 360 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: live july.jpg Size: 181 KB
SVT refer to mql5 link
  • #20
  • Sep 12, 2017 8:22am Sep 12, 2017 8:22am
Quoting comeback2000
it should use martingale.
And max DD of 40%
Those are two conflicting statements
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