Mt4emarsi is up and running

Well, been out a couple of days with a computer virus, got it all fixed and up graded the hard drive while I was at it. As far as this trade goes; it was in profit, so I'll count it as a win. Had the computer been up and running the trailing stop would have kicked in and the split half close would have also locked in profit. As it stands righ now, its in the whole 60 pips. We'll keep you posted.....Oh and for now we're not selling any copies....I'll keep posting for those of you that are following along and I'll let you know if we decide to sell the EA.

MT4EMARSI is no longer for sale:

US residence can no longer trade with Mig Bank:

Pissed !!!!

Thinking of opening an account with MB Trading.

Wouldn't this have worked with any MT4 br0ker?

Oh yeah...my bad two different issues...

my partner in regard to MT4EMARSI and I have decied not stop sales at this time.

In unrelated to that, Mig Bank shut off my live account, because I'm a US resident.

Up down, up down, then side ways...

Something about NFA rules, and Mig Bank Swiss broker wont let me trade....Tried a demo from MB trading, but they use interface system and my EA wont trade with them.....Looking for broker....The demo with Mig still works and we're on the fourth month with no losses.

with some brokers using MT4 the EA wont trade....not sure why that is..

What authority does the US Fed Gov have to tell me that I can't do Business with Mig Bank? This bullshit.....I think I have to start an offshore corp.

MT4EMARSI one hour EUR/USD has not made any trades this week.

EMARSI takes Fridays Off....Scheduled No trades on Friday....Trades occure between Monday to Thusday 3AM to 5PM GMT...

Testing 4 new brokers, Skyline From Los Angeles says: trading by experts is prohibited. 2PIPFIXED from Panama just isn't making any trades with the EA...?? RVMARKETS from Hong Kong has set a couple of pending orders, so at least its working. Same with IBFX, it has set some pending orders. In other news, I decided to try MT4EMARSI on a 1 minute TF, its pretty interesting, making more trades than the 1 hour TF and so far its in profit. if anyone is trading live with any of the above brokers, let me know what you think of them. I've always been with Mig Bank, and now I can't trade with them...

It looks like I'll go with IBFX as primary and RVMARKETS in Hong Kong, I'll split my funds between those two brokers.

I've contacted SKYLINE twice with no responce as to why the EA is disabled.

The testing on the 1 minute is pretty interesting, its had a couple of losses but its in profit over all...I think it will need some adjustment but it could be a good trader.

I also made a new EA out of the EMARSI....hidden in the code is Candle alignment, so I took off all of the EMA's added the Weekly Candle and adjusted the RSI then put it on a 5 minute TF. It's also in profit !! It's also nice to look at, I hate a chart with a bunch of crap on it.

Other than that, kinda of frustrated with not having any real money trades out there. The Wall Street Reform ACT got me off guard...I had all my eggs with MIG Bank a Swiss broker.

Oh, Almost forgot, the MT4EMARSI on the 1 hour TF, is still going strong with out a loss in four months...it seems to be very conservative.

Testing a 1 minute TF MT4EMARSI, Its working pretty good, made over 1000 pips in tree days, it has had some losses. If you like a lot of trades per day this is a good way to go. I'm running it on five currency pairs from 3 to 1700 Swiss time, its pretty much the same set up as the 1 hour TF. It sure sets a lot of trades, too many to count, most have been in profit. 47 profitable trades, 4 losses, of over 150 pips each.

The 5 min test of the RSI minus the EMA's is looking pretty good too, although many of the trades are being deleted due a lack of money. I started the demo with only $500 just to see what would happen. With the trades that it has made there have been no losses. I actuly like this set up better than the one minute. I'll keep you posted.

The 1 hour MT4EMARSI keeps going on its 5th month without a loss.

The posted chart is from the 1 min...

Four major test at the same time.

Broker; for now IBFX is winning, also looking at RV Markest out of Hong Kong, does anyone have any info on them?

The 1 minute TF, its lookig pretty good, it did have two losses but it made it up plus some. it made another 380 pips...I'm kind-a-suprized, it's not my style of trading. This is set up almost the same as the 1 hour TF but its on the 1 minute, six EMA's one RSI, sets pending order, split trade in profit with the remaining half using a trailing stop. Simple stuff.

The 5 minute test, Candles from the weekly on down and an RSI on the 5 min TF. It only made one trade last night and is currently in a loss, but it might come around. If it does loss it will wipe out the wins. It's selling the GBP/JPY which is at a record low already, had this been real money I probably would have turned off this currency pair...but it could go lower.

The 1 hour TF, still doing its thing, boring, five months no losses, very conservative, hardly ever trades.

The chart below is from the 1 minute TF

Gross Profit:2 279.59Gross Loss:1 067.41Total Net Profit:1 212.18Profit Factor:2.14Expected Payoff:17.32 Absolute Drawdown:73.35Maximal Drawdown:349.51 (14.22%)Relative Drawdown:14.22% (349.51) Total Trades:70Short Positions (won %):42 (97.62%)Long Positions (won %):28 (82.14%)Profit Trades (% of total):64 (91.43%)Loss trades (% of total):6 (8.57%)Largestprofit trade:333.76loss trade:-250.00Averageprofit trade:35.62loss trade:-177.90Maximumconsecutive wins ($):19 (623.46)consecutive losses ($):2 (-296.40)Maximalconsecutive profit (count):657.69 (14)consecutive loss (count):-296.40 (2)Averageconsecutive wins:11consecutive losses:1

I'm glad that I got a lot of complants about the 1 hour EA not trading enough. I put this 1 minute test on to blow up the demo and prove that it would not work....OOPPs....guess I was wrong.....at least so far the 1 minute seems to be working out pretty good....But this is only the start of week two, so it could still crash...

The 1 hour keeps going no losses and no new trades last night.

I've stopped the five min test and it is now a 15 min test.

terrible results last night, I did loose Internet for at least three hours so that could have added to the problem......Basically its the USD/CHF.....Swiss is at an all time high and its causing problems for the Swiss economy.

I have confirmed that the loss of Internet connection last night for sure caused two of the losses. So we had four losses two would not have happened if this was on a web host. It still would have been a lousy day for trading.

These loosing trades are messing up my profit factor.....

Total Trades:92Short Positions (won %):52 (86.54%)Long Positions (won %):40 (87.50%)Profit Trades (% of total):80 (86.96%)Loss trades (% of total):12 (13.04%)

BTW; the 1 hour test is still on its 5th month with out a loss. No it does not trade very offten. according to the back test going back ten years it trades about three times per month. I know; its very boring to not have losses.

made a minor up date to the 1 min MT4EMARSI which seemed to help with last nights market, the old set took one loss, the new set up with the up date had no loss. Posted chart is with the up date.

Profit Trades (% of total):82 (86.32%)Loss trades (% of total):13 (13.68%)

Deposit/Withdrawal:1 500.00Credit Facility:0.00 Closed Trade P/L:733.14Floating P/L:0.00Margin:0.00Balance:2 233.14Equity:2 233.14Free Margin:2 233.14

Gross Profit:2 758.97Gross Loss:2 025.83Total Net Profit:733.14Profit Factor:1.36Expected Payoff:7.05 Absolute Drawdown:73.35Maximal Drawdown:659.03 (23.32%)Relative Drawdown:23.32% (659.03) Total Trades:104Short Positions (won %):55 (85.45%)Long Positions (won %):49 (87.76%)Profit Trades (% of total):90 (86.54%)Loss trades (% of total):14 (13.46%)Largestprofit trade:333.76loss trade:-250.00Averageprofit trade:30.66loss trade:-144.70Maximumconsecutive wins ($):19 (623.46)consecutive losses ($):5 (-605.00)Maximalconsecutive profit (count):657.69 (14)consecutive loss (count):-605.00 (5)Averageconsecutive wins:10consecutive losses:2

The one hour test did not make any trades this week. Probably a good thing, I still think the 1 hour Eur/Usd only is the way to go. I mean nearly five months with out a loss; it's hard to beat, kind-a-low stress trading.

As far as the one minute, I'm still monkey-en with the settings and I might be able to tune it up. That first week was sure exciting, got me going; but it seems to be a little too good to be true. In other words the market conditions were perfect for that EA. It's happen before, you know you get something out of the box and it works perfect, and you're like WOW I got it, we'll all be $ RICH $. Then the next week comes and you're like WTF !!!...I've been through this enough times to know its just part of the deal with trading. I have come to believe that it is very easy to make an EA that trades, whats more difficult is to make an EA that only trades when the market is moving. It's a flat sideways market that kills us, EA or manual...

Well; I hope you all have a great weekend. I'll be back next week posting the real results from my EA. If you have comments or questions please feel free to post-em !!!