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Best Automatic Trading System

  • #1
  • First Post: Edited Mar 12, 2014 7:38am Jan 30, 2014 12:30pm | Edited Mar 12, 2014 7:38am
This trading system is using improved version and strategy of free eas like SWB, 10p3, SpikerTrader, ea-coder, Average Cost and Hedging you can download complete system now..

http://www.myfxbook.com/members/jonejone/ea-2014/817539

http://widgets.myfxbook.com/widgets/817539/large.jpg

Download Complete System ( $45 )

Support Mail : [email protected]
  • #2
  • Jan 30, 2014 8:12pm Jan 30, 2014 8:12pm
Do you have any 99% backtested results on this EA?
  • #3
  • Edited Jan 31, 2014 10:25am Jan 30, 2014 11:20pm | Edited Jan 31, 2014 10:25am
Quoting dave888
Do you have any 99% backtested results on this EA?
This is Trading system so cant do back test, forward test only works you can see myfxbook link above to watch forward test result
  • #4
  • Jan 31, 2014 12:11am Jan 31, 2014 12:11am
Ok so its based on your trading system and not a EA,

Does your trading system involve indicators when finding an entry?
  • #5
  • Edited 10:24am Jan 31, 2014 12:32am | Edited 10:24am
Quoting dave888
Ok so its based on your trading system and not a EA, Does your trading system involve indicators when finding an entry?
Using some EA to trade this system but manually manage EA settings one time in a day
  • #6
  • Jan 31, 2014 1:15pm Jan 31, 2014 1:15pm
I think that its pretty obvious but i am going to share this anyway

So the first pic its just three days, you canīt base any results on three days so we can just ignore that

As for the second one, it doesnīt matter what is the win ratio, as long as it is under 100 % the system can be bad.
Your system is obviously bad and leads to final loss, since average profit is only 42 , and average loss is -179.
Let me put a bit of math to this

so combined 503 trades, 73 % long won and 80 % short won that gives us 76,5 win ratio for the 503 trades
lets divide it into winners - 0,765*503 = cca 384 * profit = 16 169 total earnings
the losses are 503-384 times average loss 179, = cca 21 187 loss
so the bottom line is clear - 5 000, (around)

its a simple probability system , forex is 50/50 as long TP and SL are the same from entry point +- equal number of pips. If you donīt put equal pips for your TP and SL you are ruining your 50/50 chance, in this case this systems puts tp closer to the entry, this way the win ratio is naturally very positive as it is canceled by the difference of average loss. In the end the results on a random system should be the same around BE, the fact that this system is even worse off, means the EA or whatever makes bad trades. better system would be little win ratio but one win can cover many losses.

As for the autor of this system i donīt know if he is just unskilled or trying to fool someone, im going for the second option
  • #7
  • Edited 11:36pm Jan 31, 2014 10:25pm | Edited 11:36pm
Quoting david026
I think that its pretty obvious but i am going to share this anyway So the first pic its just three days, you canīt base any results on three days so we can just ignore that As for the second one, it doesnīt matter what is the win ratio, as long as it is under 100 % the system can be bad. Your system is obviously bad and leads to final loss, since average profit is only 42 , and average loss is -179. Let me put a bit of math to this so combined 503 trades, 73 % long won and 80 % short won that gives us 76,5 win ratio for the 503 trades lets divide...
I explained it in my original post so continue watch myfxbook link i posted above to see the equity growth in coming days,

In my experience none of any indicators can make holy grail income but i applied "probability theory with the money management EA" result was great but the importance is how and when we are opening and closing trades ... here many traders trying thousands of trading strategy with indicators, martingale technically same time somebody trading with fundamentally.,

My system is simple as you said but it is profitable, i would like to share it with those who want it or those who missed the best grid probability trading system.
  • #8
  • Feb 8, 2014 12:01pm Feb 8, 2014 12:01pm
@david026 i removed unwanted statements now there is forward test result running currently there is 78% wins in 283 closed trades
  • #9
  • Feb 8, 2014 1:50pm Feb 8, 2014 1:50pm
May I ask why you don't use real money please?
  • #10
  • Feb 8, 2014 2:15pm Feb 8, 2014 2:15pm
Amusing...

I give better EAs away for free with a minimum $5 charitable donation...



http://www.myfxbook.com/members/Magix/stoma2/796005
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #11
  • Feb 9, 2014 8:03am Feb 9, 2014 8:03am
Quoting claudia1
May I ask why you don't use real money please?
I have plan
Quoting Magix
Amusing... I give better EAs away for free with a minimum $5 charitable donation... http://www.myfxbook.com/members/Magix/stoma2/796005
wait few days, you can see, it will perform better than your
  • #12
  • Feb 9, 2014 10:47am Feb 9, 2014 10:47am
Quoting FX_James
{quote} I have plan {quote} wait few days, you can see, it will perform better than your
Here is one of my group members, running the same software on a live account.

A little more risk a few more pairs...

And...

Live.

Attached Image (click to enlarge)
Click to Enlarge Name: live.png Size: 48 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #13
  • Feb 9, 2014 11:58am Feb 9, 2014 11:58am
Quoting Magix
{quote} Here is one of my group members, running the same software on a live account. A little more risk a few more pairs... And... Live. {image}
but that is 42% draw down making 2.5% daily profit only
  • #14
  • Feb 9, 2014 12:07pm Feb 9, 2014 12:07pm
Quoting FX_James
{quote} but that is 42% draw down making 2.5% daily profit only
Well...

That is one way to look at it...

But, my forward test account is 18% on $1500 start...

You've managed to nut 16% on $10k with a 5% gain...

Proportionally speaking, your Best EA is a piece of shit next to my freeware.

Seriously Champ...

If you are going to have the BEST of something, shouldn't it actually be better than everything?

You are marginal at best and from what I can see, any random position taken for 15 pips last week would have generated the same results.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #15
  • Feb 9, 2014 12:11pm Feb 9, 2014 12:11pm
Quoting FX_James
{quote} but that is 42% draw down making 2.5% daily profit only
Draw down is high for sure but 2.5% a day would make me around 300k a year and would be happy with that. So what is the plan ?
  • #16
  • Feb 9, 2014 12:14pm Feb 9, 2014 12:14pm
That's not even really mentioning what I can show on 100 bux.

Attached Image (click to enlarge)
Click to Enlarge Name: 100.png Size: 31 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #17
  • Feb 9, 2014 12:33pm Feb 9, 2014 12:33pm
Quoting claudia1
{quote} Draw down is high for sure but 2.5% a day would make me around 300k a year and would be happy with that. So what is the plan ?

I would say that his plan should maybe be a long the lines of...

1. Signing up under a new nick.
2. Starting a New Thread. (hopefully one that doesn't include the word "BEST")
3. Learning a little about market and code...

All before

4. Trying to steal money from people selling another piece of shit.

But...I think he will, instead...

Stick to his guns, fill a few pages with bullshit and hope nobody looks back to these replies.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #18
  • Feb 9, 2014 12:46pm Feb 9, 2014 12:46pm
Quoting Magix
{quote} I would say that his plan should maybe be a long the lines of... 1. Signing up under a new nick. 2. Starting a New Thread. (hopefully one that doesn't include the word "BEST") 3. Learning a little about market and code... All before 4. Trying to steal money from people selling another piece of shit. But...I think he will, instead... Stick to his guns, fill a few pages with bullshit and hope nobody looks back to these replies.
100% correct but it is good entertainment
  • #19
  • Feb 9, 2014 12:54pm Feb 9, 2014 12:54pm
Quoting claudia1
{quote} 100% correct but it is good entertainment
It would be a lot more fun if he at least tried to put up a fight....

Maybe next time, I should box him in a little slower before moving in with a KO punch???
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #20
  • Feb 9, 2014 12:58pm Feb 9, 2014 12:58pm
Quoting Magix
That's not even really mentioning what I can show on 100 bux. {image}
@Magix all your statements showing around 50% draw down.
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