Sharei007 Hedge - Closed (by pipinvestmentbot) Quick Stats
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i007 Hedge - Closed Discussion
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Member Since Mar 28, 2011 1008 posts
ForexScam
Nov 17 2011 at 16:15
(edited Nov 17 2011 at 16:19 )
BlueBull EA
I launched a live account today! A little about BlueBull EA.... It trades only EURCHF 24 hours a day. It buys the Dips and Sells the highs. It will hold a loss and exit on a retracement. It currently enters only 1 position per signal. It has the ability to enter more than 1 trade if conditions are extreme( averaging down). It will close out and reverse the trade if current trade was at a loss. Lot size is fully adjustable: Currently designed for NON FIFO Hedging OK Brokers. You can use FINFX or HOTFOREX if you're in the USA We highly recommend using a REBATE Company as this EA can make 30 trades a day. __Features that will be introduced shorty__ Multiple Positions ( No Limit) Time Filter ( Trade Different Time Zones with Different Lot Sizes) Dynamic Stoploss US Broker - FIFO - Non Hedging Will be supported shortly. And few other features that I'll keep a secret for now. ---- For More Information ----- http://www.pipinvestment.com/software/bluebull0-2-0 One Pip At A Time: Pipinvestment |
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Member Since Apr 11, 2011 19 posts
linc
Nov 18 2011 at 03:59
-no backward/forwad testing results.
-very risky business holding loss and waiting for retrace before stopping. What if there is no retrace for long time? Account will be bust. -all information is locked. how can we see real danger hidden in ea? -how much dollars you have in this ea account? why are you locking? you put small money to get us and we then lose all our money? -why in so much hurry to sell without using your own money to see if ea is good before selling to us? we know lot of ea's make profit for short time and lose all money after that. so you want to sell quickly before ea start to lose all money. -you say you have copy channerl surfing ea. someone else hard work you copy and resale? Same as robbing. -you think we are fools to buy with eyes closed such risky ea you have? -and we need to use rebate provider IB to recover loss from ea? is this joke? -if this ea as good as you say why not you use to make money for you? enough of all this scams. WARNING everyone- do not get caught to this. you will lose all money for sure. give money for charity if you have money to lose. at least someone needing help will have benefit. |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Nov 18 2011 at 08:02
Hi Linc, thanks for your concern and for your questions. Answers are below.
Backtesting was performed for functional test only. Forward Test in progress. You can look at Channel Surfer for a longer forward test. Stoploss: Currently using fixed stoploss and Dynamic stoploss will be finished shorty. I've never meant to Hope and Hold on any trade. This method of using a retracement to exit is only performed if trade does not hit the SL first. Remember that my Free EA - Discipline Trader can always be used with ANY MT4 system for complete risk management. I understand RISK very well. Trading History will always be Locked and FInFX doesn't have Cent accounts, so no worries there. I'm Not selling the EA, but only hosting Accounts for signals. Logic is Locked away this way and its much safer for clients than using Rent-A-Signal. This current range on EURCHF will not last forever. Volatility has already changed since I started to Follow the ChannelSurfer EA and I'm already testing solutions to minimize loss and adapt to the market.. This is another reason why I do not Sell the EA. Optimizing will always be needed. If you understand the challenges of making an EA or designing of the logic to make a system work, than you will understand that that there is no such thing as ROBBING some one else hard work. I've put much effort forward in the last month to built my OWN EA. Every Line of code is SOLELY MINE. ChannelSurfing can be accomplished in MANY WAYS and there are so many versions of this IDEA and honestly MOST scalping EA's use similar logic. Remember that this is 2011 and every Indicator, EA, strategy has BEEN there and DONE that... Its all about Timing and understanding how to use it. This isn't Set and Forget. RISK- - It is a scalping system so yes a 50 Pip stoploss is quite large for an average TakeProfit of 5-10 pips, but overall the system is making pips. You can see all the Important System stats to make a good judgement of the system - Duration Chart - Summary - Profit Factor - Average Gain/Loss etc. Plus This account is Verified for Trading History and Trading Privilege at a Broker that you have heard of =). It's making money for me as I Write this. One Pip At A Time: Pipinvestment |
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Member Since Apr 11, 2011 19 posts
linc
Nov 23 2011 at 12:58
Thank you for answers.but not satisfactory.
1-first you must complete all testing before you try to sell/rent out.you must show minimum 6month real result. only mad people go to market with new product without finishing testing and trying to sell to get money to finish testing. 2-without history how can we see if you are even using stoploss. or if you are moving stop loss all the time? 3-without history we cannot see risk, how many lots you are opening.maybe you open more lots sometimes?too much levrage? 4-we cannot see how much drawdown the each trade goes into? especially since you have some part of holding-until-profit(or minimum loss) strategy? 5-how can we see if you are not using martingale?for example now for today you have total -6pips for +3.7% gain? negative pips but positive gain?looks like some martingale.very risky. 6-you are not even showing how much dollars in this account?that means you have small money because it is your money but trying to risk our money by renting ea. if you are hiding then there must be some scam about this.that is why you are also in such hurry before even finishing testing using your own money you are trying to sell/rent. if you want to sell service here you must show all information otherwise we cannot analyse how dangerous/risk there is in the system. last of all even if all code is your own code, as you say you copied that other ea. backward engineering some other ea and creating it again with your own code is still same as robbing. then are you hiding history because you afraid someone else will also do same thing you did and copy your ea? my summary- 1.important information locked.seller not transparent. 2.no proper stoploss management and we cannot see because history locked 3.testing not finished. you want us to test with our money and pay you rent at same time? 4.some type of martingale. 5.ea is copied my opinion- this is very dangerous risky system. looks like some martingale type is involved.that is why minus pips for plus gain today for example. seller not transparent.hiding means not honest. there must be some arrangement here in myfxbook so people cannot just come and sell ea, sell signal, rent ea, manage accounts without fulfilling minimum standard. just imagine if everyone go to forum or other seller and copy modify ea's and come and sell/rent here like this? madness and wasting our time only. |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Nov 23 2011 at 14:16
linc posted: Thank you for answers.but not satisfactory. 1-first you must complete all testing before you try to sell/rent out.you must show minimum 6month real result. only mad people go to market with new product without finishing testing and trying to sell to get money to finish testing. If this was a finished product meaning Set and Forget, my account would look like  This isn't my approach to trading and especially not to building an automated system. One Pip At A Time: Pipinvestment |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Nov 23 2011 at 14:18
linc posted: Thank you for answers.but not satisfactory. 2-without history how can we see if you are even using stoploss. or if you are moving stop loss all the time? As I mentioned above, the STOPLOSS is set at 50 pips. It hasn't been hit yet, but when it does you will see that the Largest loss will == 50 pips. One Pip At A Time: Pipinvestment |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Nov 23 2011 at 14:31
linc posted: Thank you for answers.but not satisfactory. 3-without history we cannot see risk, how many lots you are opening.maybe you open more lots sometimes?too much levrage? To simplify this, the EA makes 1 position per signal. All Signals produce the same position size. You choose the position size. One Pip At A Time: Pipinvestment |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Nov 23 2011 at 14:35
linc posted: Thank you for answers.but not satisfactory. 4-we cannot see how much drawdown the each trade goes into? especially since you have some part of holding-until-profit(or minimum loss) strategy? This account is updated every 5 minutes. Equity % will always display this information. Max DD depends on Risk Appetite and as a safety net, the 50 pip stoploss is there. One Pip At A Time: Pipinvestment |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Nov 23 2011 at 14:42
linc posted: Thank you for answers.but not satisfactory. 5-how can we see if you are not using martingale?for example now for today you have total -6pips for +3.7% gain? negative pips but positive gain?looks like some martingale.very risky. It really doesn't matter how or what strategy is used as long as there are precautions taken. I've seen many systems fail because the user doe not address risk management and fail to add a stoploss. Therefore, we've already solved an issue that many overlook. How can I make $ from a negative pip gain? Easy... When I wake up , EURCHF was not ranging and many signals failed. When i noticed that the momentum was over, I doubled the position size and continued trading. One Pip At A Time: Pipinvestment |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Nov 23 2011 at 14:51
linc posted: Thank you for answers.but not satisfactory. 6-you are not even showing how much dollars in this account?that means you have small money because it is your money but trying to risk our money by renting ea. You can start with a $5 cent account if you like and you can test run the service for 5 days. This isn't a PAMM account with a Min Balance and a Lock in period with penalties, nor do I have you sign up under an IB. Our program is quite versatile. As far as my hidden balance, I never show my balance. One Pip At A Time: Pipinvestment |
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