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4X-DAT.com

  • #1
  • First Post: Aug 16, 2014 4:11am Aug 16, 2014 4:11am
Hello fellow traders.

I have seen a webinar on youtube with Joseph Nemeth. The Strategy and "trading system" he uses looks good and its easy.

Inserted Video


But in the end of the webinar he shows a Automated trading "platform" called 4X-DAT. I searched the internet, but have not fund any good information or result from this system. The net is full of affiliate reviews and that BS.

Have anyone tried this system, or have heard anything about it?

PS. This is not a affiliate crap link or affiliate thread!

4x-dat.com <-- website
  • #2
  • Aug 18, 2014 3:00pm Aug 18, 2014 3:00pm
I programmed a system like that a while ago. It's a losing system. He assumes he will never need more than X turns. (I think he said 6). The truth of the matter is, sometimes the market just DOES go into a losing streak, going back and forth many many times (ranging) before it breaks out in the desired direction. Every added position "freezes" a floating loss.

The floating loss is the product of the total exposure (all longs - all shorts) times the distance of the "recovery range". It will eat your margin and in the end your account alive in a ranging market. And as we all know, trends don't last forever, they turn into periods of ranging up and down, sometimes for extended periods of time. This will blow up. Be warned.
  • #3
  • Sep 8, 2014 4:08pm Sep 8, 2014 4:08pm
I'm testing 4x-dat recovery zone strategy manually . It is working for me. It will help you, if after 2 turns you start managing your profitable trades and take 25-35 pips from profitable trades off the table. I is a lot of work (depends how big or small your Recovery zone is) but taking profits when they appear it will help you will not have more than 2-3 turns or hedges opened, so you will not get margin call. My profit 37% in 8 months of using Recovery zone strategy for trades, which will be losing trades, if i will using normal fixed stop loss.
  • #4
  • Sep 8, 2014 9:55pm Sep 8, 2014 9:55pm
I've been using 4X-DAT software since Feb 2014, Strategy 5 on a live account. No losing sequences to date and account growth of 5.2%/month. Strategy 5 algorithm was amended in July to trade trending and ranging markets. I'm quite pleased.
  • #5
  • Sep 11, 2014 4:10am Sep 11, 2014 4:10am
Quoting Elhemano1
But in the end of the webinar he shows a Automated trading "platform" called 4X-DAT. I searched the internet, but have not fund any good information or result from this system. Have anyone tried this system, or have heard anything about it? PS. This is not a affiliate crap link or affiliate thread! 4x-dat.com <-- website
Take a look at Thread: 4X-DAT in Commercial forums on FF.
  • #6
  • Sep 11, 2014 4:12am Sep 11, 2014 4:12am
Quoting Elhemano1
But in the end of the webinar he shows a Automated trading "platform" called 4X-DAT. I searched the internet, but have not fund any good information or result from this system. Have anyone tried this system, or have heard anything about it? PS. This is not a affiliate crap link or affiliate thread! 4x-dat.com <-- website
Take a look at the Commercial Thread: 4X-DAT
  • #7
  • Jan 13, 2015 10:19pm Jan 13, 2015 10:19pm
Quoting ExForX
I programmed a system like that a while ago. It's a losing system. He assumes he will never need more than X turns. (I think he said 6). The truth of the matter is, sometimes the market just DOES go into a losing streak, going back and forth many many times (ranging) before it breaks out in the desired direction. Every added position "freezes" a floating loss. The floating loss is the product of the total exposure (all longs - all shorts) times the distance of the "recovery range". It will eat your margin and in the end your account alive in a ranging...
I am agree with you, I also make and have EA working almost the same, I create hedge and martingale, the main problem is when the price move up and down in range limit many times, the equity and margin will decrease very fast.
Nice to hear from you too.
Happy trading
  • #8
  • Apr 27, 2015 5:01pm Apr 27, 2015 5:01pm
i have not used his software but i am manually playing with the strategy he says by using heiken ashi charts along with macd. from my own idea i have attached parabolic sar and 8 and 50 period ema to my charts . his strategy is working especially in futures market till now. they are much better for the swing traders.
  • #9
  • Last Post: Jan 9, 2022 2:59pm Jan 9, 2022 2:59pm
Good day all... I just stumbled on this video by Mr. Jeremiah Nemeth last month and I have tried to follow his guidance. But have have been having serious loss my account is almost empty. Who has his direct contact. I think I might not be doing something right. Attached is a screenshot of my live account. Please help me guys.
N/B: Not with money but how to turn my trades to profit. Thanks in advance
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