New version Project Rainbow v2.6 risk 0,1 lot for each 1000$ Discussion

asset_developer posted:

 I can tell I need education in your forex education lol I don't posses scamming skills yet but I will try and learn from the trolls.

OK, agreed. Goodbye! 😀😀😀

i want to say 'whoaa'

IXBONE posted:
once again:
99% backtesting quality minimum!
but only a >6 month live track record is useful, everything else ist hypothetical, because there are no real buyers and sellers in backtesting and forward demo!!!
maybe your drawdown can be better with 99% quality

even 99% backtesting still meaningless i just dont get why no one asking for live account?
apparently noobs looking for robots around here.

forex4anime posted:

IXBONE posted:
once again:
99% backtesting quality minimum!
but only a >6 month live track record is useful, everything else ist hypothetical, because there are no real buyers and sellers in backtesting and forward demo!!!
maybe your drawdown can be better with 99% quality

even 99% backtesting still meaningless i just dont get why no one asking for live account?
apparently noobs looking for robots around here.

I agree totally, without a live account implies the EA does not work live. Most created EA's if not tested live it is for a reason BECAUSE they don't work live, and they use all sorts of scams on them and make all sorts of excuses where they avoid live testing. Either spreads or slippages limit their capability or they develope them in operation of the current bar which makes backtests look sensational but don't work in the live market.
But I think Sergey's EA might be ok when he get's his head out of his but and works with us here!

goldbullfx11 posted:
i want to say 'whoaa'

😀😁😀

As planned, from 11 January to begin monitoring the real account.
Account type 'cent' specifically chosen to show that the robot
can work on all types of accounts and are not afraid of spreads and slippage.
https://www.myfxbook.com/members/Sergey5x5/project-rainbow-ea/1474648

The version 'Project Rainbow EA v 2.0' .
Now it passes moderation in Market
and will be available on Monday and Tuesday.
Improved control of opening orders.
The logic of trade has not changed.
Request to customers - please update your software version.

On January 15, the monitoring will be 'Project Rainbow EA v 2.0'
the same risks.

Dear Clients.
Released versions of Project Rainbow 2.0.
Please update EA.

Video instructions for upgrade:

Anyone for $ 10 a month can try on your
real and / or demo account of one of the top sellers in the store:

https://www.mql5.com/en/market/product/11916

Upgrading to version 2.5.

1. Fixed auto-detection 4-5 valued quotations for cent accounts.
In conventional (dollar) accounts for this error was not.
Because of this error 3 transactions were missing on the official monitoring.
When you compare the real deal with backtest. please take this into account.
We apologize for the inconvenience.

2. At the request of customers for easy setup shifted base to calculate GMToffset.
 Now it is necessary to expose value GMToffset as follows:
 - If your broker time in the terminal coincides with the GMT,
it is necessary to put GMToffset = 0.
- If your broker terminal time more than GMT 2 hours, it is necessary to put GMToffset = 2.
Important! Time is necessary to determine in the winter calendar!
This setting is determined once and never need to be changed.
it is not necessary for daylight saving time. EA algorithm itself will do everything.

For example, for Alpari, Tikmill, ICM, Roboforex value GMToffset must always be = 2.

@Sergey5x5

Where is the promised REAL LIVE account 'from January 11th'...?

Can we get the MyFxBook link to that account...?

FxMasterGuru posted:
@Sergey5x5

Where is the promised REAL LIVE account 'from January 11th'...?

Can we get the MyFxBook link to that account...?

https://www.myfxbook.com/members/Sergey5x5/project-rainbow-ea/1474648

@Sergey5x5

Thanks, Sergey!

So if I interpreted the results well, the strategy is making +2.80% profit a month with a max. drawdown of -11.85%.

In other words the DD is about 4x higher than the profit you would expect in any given month. Correct?

No, wrong. For this analysis we need much longer period.
You can look at the tests. Or wait until the monitor will work for a long time.

@Sergey5x5

Yes, you are right. So why are you selling the EA without reliable forward tested statistical results?

I guess the answer is: 'Why not?' (if someone is willing to pay for it...)

Oh .... Very boring and no one to talk? 😇

There are specialists who know the specifics of the MT4 terminal and features of testing in it. And they can understand by the tests, the robot is good or not. After that, they take rent for a month and check it in their accounts, then buy. They do not have to wait a few months (or years) to understand - good robot or not. 😎

I look forward to the next question: why sell profitable robot? 😁

Will you be supplying the .mq4 and the .ex4 to anyone who buys your EA?

Professional4X posted:
Will you be supplying the .mq4 and the .ex4 to anyone who buys your EA?

Under the rules of the organizer of trading platform, through which sold a EA 'Project Rainbow',
the customer downloaded file 'exe4'.
https://www.mql5.com/en/market/rules
Open source is not available in 'mq4' format.

Sergey5x5 posted:
Under the rules of the organizer of trading platform, through which sold a EA 'Project Rainbow',
the customer downloaded file 'exe4'.
https://www.mql5.com/en/market/rules
Open source is not available in 'mq4' format.

Metaquotes is the developer for mt4 and they do not restrict the distribution of .mq4.
Are you saying the metaquotes developed and is selling project rainbow?

Or are you the developer of the EA?