New trading system shows good results

Hi there,

Just to inform you people, that i am developing a new EA and Trading Strategy guide and will be available in a near future...

I need your opinions and critics,

Thx all and best regards,

Pedro

www.forexfarmer.net

400 € ... really ?

400 € of donation!!!! you dont have to make the donation if you dont want to... i need to pay a lot of things before i can start up with my project and right now i can't afford those things... i will need to wait for next month when i get my salary again cos i'm not rich!

If you can't or dont want to donate fine! we still friends! but plz, dont qualificate things before know their reasons!

I just want to put my project on and to have sucess with it.. that's all!

It is so hard these days to have and idea and put it available?

Christ, help me!

Pedro

Copyright registration!

120 usd for US registration!
250 euros for portuguese registration!

I will not turn it available before i have the code securely registrated!

If i will need to wait 1 more month, no worries, keep watching live demo results!

Pedro

Well, I've been on your site and I'll tell you that no one is going to pay for an EA that uses a martingale strategy (according to your myfxbook account), so I wouldn't waste your time here trying to sell it. Don't get me wrong, I love to play around with martingale strategies, but in order to trade this your account would have to be huge to be able to handle the massive drawdowns. Just because you are profitable for a few weeks on a demo account does not provide anyone, unless they're totally ignorant, proper proof that it is viable for the long haul. Hell, I've got an EA that turns $25K into $57 million in 3 yrs, that doesn't mean it will work that way on a truly "live" account with real money.

Hey mer071898,

First thx for you comment about my EA.

Second you are totally right on everything you said.

The EA i am using is working some kind of "martingale" for sure, but we have taken care of the times the EA will repeat the "double" order, and with that, we have something new that i can't reveal yet, and that's why it is on testing now... it has like you said a huge account to hold any kind of drawdown, the "martingale" is slightly modified and i it has, at some times, manual intervention like, to avoid those complicated days! I know the drawdown could happen anyday, anytime but, they have more probability to happen on certain days of week, according to news and results that gonna be revelead...

All tests were passed in last months, even some medium drawndows that happened during this time. My final test to correct and make the final adjustments is to handle a huge one but, at least and knowing my code, i can always trying to do my best and stay away of those severe trading days! It's all strategy... well lets see how it works!

Best regards,

Pedro

The movement up of more than 300 pips today was a good test to the improvements that i've been made on my EA. It was consistent placing recovery orders and he stopped to double the uptrend orders when it should do that. With that and till now he made more than 5k just today!

Let's keep the tests!

Good news at all!

Regards

Pedro

Just to inform that ForexFarmer EA v1.0 is now available on our website www.forexfarmer.net

Join us and test it...

Regards

Pedro Grilo

Martingale Strategies never work in the long run.
I once lost $8000.00 with a Martingale based EA.
It was making me money everyday and I trusted it
and put it on a VPS and never had the time to go
back and look where my account stands.

After a week I went on the VPS and to my utter
disgust I found that my account has lost $8000.00
besides all the profits that were made.

You can never trust the Martingale Strategy.

You will waste your money on Registrations.
My Sincere advice. Do not register until you
check the live performance for at least a year.

Back Testing and Live tradings give you different results
Never trust back testings either.

Hi Johnblake,

Thx for your comments and yes, i totally agree with you.

Martingale strategies are very powerful but need to be sustained at some point. I know almost every EA's using it and i've used what i've learned with them to create something better..

There are rules applied on my EA, there is a book to follow and it was not designed to work totally in automatic mode. It needs some human intervention sometimes.

The fact is that combining a few rules with it you have something real profitable... you can't use it with accounts smaller than $5000 at least this is my recomendation.

The fact is that i have statements for 1 year or more working good that i've decided not to post because i want you all to see the new statements being published every single day.

You will have a trial version soon where you can learn how to personalize and adapt it to your trading profile.

I have the opinion to not run from scary things... i try to turn them into less scary till i've got a charm result and honestly i did it and you are free to test it...

Feel free to send me an email so we can discuss this further..

Regards

Pedro Grilo
ForexFarmer EA
www.forexfarmer.net

We are sharing a huge live account on our website since 1st of March, the date we start recovering that account with our tools and strategy.

Keep an eye on it....

Pedro Grilo
ForexFarmer EA
www.forexfarmer.net