This may not be a holy grail but it is as close as it can get | Forex Factory

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This may not be a holy grail but it is as close as it can get

  • #1
  • First Post: Edited Feb 20, 2015 9:59pm Feb 19, 2015 6:30am | Edited Feb 20, 2015 9:59pm
000
  • #2
  • Feb 19, 2015 6:57am Feb 19, 2015 6:57am
what matters most is a 2014-2015 backtest... when most action happened.

2008-2013 backtest are very unrealiable..markets were not that volatile..
practising coitus interruptus
  • #3
  • Feb 19, 2015 6:57am Feb 19, 2015 6:57am
For the same period, EUR/JPY got about 8.3 million.
Attached File(s)
File Type: xls Taorex_EURJPY.xls   1.6 MB | 617 downloads
  • #4
  • Feb 19, 2015 7:15am Feb 19, 2015 7:15am
Another thread for dreamers ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #5
  • Feb 19, 2015 7:15am Feb 19, 2015 7:15am
I googled Taorex and found a myfxbook page, only to discover "this system has been deleted by the user"

Do you have a copy we can test?
  • #6
  • Feb 19, 2015 7:16am Feb 19, 2015 7:16am
Try it on a real account...
  • #7
  • Feb 19, 2015 7:18am Feb 19, 2015 7:18am
For GBP/JPY, From 01/09/2014 ~ 19/02/2015 (today), it turns 500 dollars into 1.2 million so far (peaked at about 3.5 million in December last year).
Attached File(s)
File Type: xls Taorex_GBPJPY.xls   392 KB | 577 downloads
  • #8
  • Feb 19, 2015 7:25am Feb 19, 2015 7:25am
My Friend
I too have a EA like this but the problem is when the price starts to play ups and downs within minutes { High Fluctuations and latency between platform and server.}

Solution : got a VPS server latency 10Ms to my broker but still I the account went on to Zero .


SO please be carefull . So some forward testing as well
Mastering the Pair
  • #9
  • Feb 19, 2015 7:30am Feb 19, 2015 7:30am
I'm a believer in anything is possible especially when people say it can't be done. This however, is a little too good. Lets see the EA and let the public decide.
  • #10
  • Feb 19, 2015 7:33am Feb 19, 2015 7:33am
I am testing it is on VPS. I have so far set up two accounts, one with Axitrader (GBP/AUD) and one with Pepperstone (EUR/AUD), both starting with 500 AUD. You can see it on myfxbook. https://www.myfxbook.com/portfolio/taorex-ps/1162982. https://www.myfxbook.com/portfolio/taorex-axi/1159989. For some reason, myfxbook is not updating in time. I will give them a few months up to a year to work out, at least it does not look like I will lose too much.
  • #11
  • Feb 19, 2015 7:36am Feb 19, 2015 7:36am
Quoting 10double
I am testing it is on VPS. I have so far set up two accounts, one with Axitrader (GBP/AUD) and one with Pepperstone (EUR/AUD), both starting with 500 AUD. You can see it on myfxbook. https://www.myfxbook.com/portfolio/taorex-ps/1162982. https://www.myfxbook.com/portfolio/taorex-axi/1159989. For some reason, myfxbook is not updating in time. I will give them a few months up to a year to work out, at least it does not look like I will lose too much.
Good stuff.. all the best mate!
practising coitus interruptus
  • #12
  • Feb 19, 2015 8:12am Feb 19, 2015 8:12am
Quoting 10double
I am testing it is on VPS. I have so far set up two accounts, one with Axitrader (GBP/AUD) and one with Pepperstone (EUR/AUD), both starting with 500 AUD. You can see it on myfxbook. https://www.myfxbook.com/portfolio/taorex-ps/1162982. https://www.myfxbook.com/portfolio/taorex-axi/1159989. For some reason, myfxbook is not updating in time. I will give them a few months up to a year to work out, at least it does not look like I will lose too much.
Hi.
It can be a tester grail or demo grail.
What I would do now is test the same period as the live deals and compare and also start demo as ASAP to compare the three.
You can easily see if it's a gold mine or fuckall.
  • #13
  • Feb 19, 2015 8:26am Feb 19, 2015 8:26am
new link for Axitrader account. https://www.myfxbook.com/portfolio/taorex-axi/1163147
  • #14
  • Feb 19, 2015 9:36am Feb 19, 2015 9:36am
Quoting 10double
new link for Axitrader account. https://www.myfxbook.com/portfolio/taorex-axi/1163147
Any links to vendor's site?
  • #15
  • Feb 19, 2015 11:52am Feb 19, 2015 11:52am
Quoting avibe
what matters most is a 2014-2015 backtest... when most action happened. 2008-2013 backtest are very unrealiable..markets were not that volatile..
How did you came up with that? From a EUR/USD perspective only, the volatility between 2014-2015 was very low. At Oct-Nov-Dec it began to accelerate. However I would not say it Overall was more volatile than the years before.
Forex is a losers game.
  • #16
  • Feb 19, 2015 1:36pm Feb 19, 2015 1:36pm
What is the purpose of this thread?
If You Can't Join Them, Beat Them!
  • #17
  • Feb 19, 2015 2:24pm Feb 19, 2015 2:24pm
OK, now how does it work? Or is that an ancient Chinese secret? I don't do EA's, but always curious to learn a better way to trade!!!
  • #18
  • Feb 19, 2015 4:21pm Feb 19, 2015 4:21pm
Quoting hrwn47
What is the purpose of this thread?
MT4/MT5 EAs/Indicators/Alerts coder
  • #19
  • Feb 19, 2015 6:01pm Feb 19, 2015 6:01pm
If that was the case, the EA would be worth zillions of whatever currency you wanted
  • #20
  • Feb 19, 2015 6:03pm Feb 19, 2015 6:03pm
The purpose of this thread is to test a promising EA. I do not want to say too much about it at the moment because it may not play out in the end. As we all know back testing can fool you easily. There is no secret indicator in this EA, not as I thought 7 years ago when I first stepped into Forex. I have gone through the process of some sort of "enlightenment" during this 7 years. I come to realise that the holy grail may be not a golden one but rather a wooden cup. What I mean by that is there is, as far as I know, no EA can sustain continuous growth, a good EA has to take chances, so the secret is in the art of money management. That is all I can say at the moment. Let this EA play out by itself. I will tell you more if it can make it like the back testing.
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