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HOT Discussion
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Member Since Jul 10, 2010 5 posts
jcksprw
Feb 01 2011 at 17:34
Hi there, nice curves on trades. May i know what Ea is this? Thanks! :)
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Member Since Nov 09, 2010 8 posts
itf4u
Feb 03 2011 at 22:29
Not sure I can tell you wich one it is...
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Member Since Nov 18, 2010 3 posts
Edwardo
Feb 03 2011 at 22:47
I am new to the MYFXBOOK so sorry if I will sound a bit confused.
I understand that you are the creator of few trading EAs and one of them is called HOT, is that right? I would like to be able to take it for dome or purchase it with the ability to refund my $ if the results would be not to my satisfaction. If the EA proves to be good I will be more than happy to purchase it. Could you drop the line to me directly at: edwardiz@telus.net If your EA is martingale, no loss or scalper with STP Loss to TP ration of more than 5 to 1 I wouldn't like to waste your time and mine. Regards, Edward |
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Member Since Nov 09, 2010 8 posts
itf4u
Feb 04 2011 at 06:55
Well. Autmatic trading needs 3 things :
- a good EA - a good broker - a good set The EA I use is a FREE EA you can find here and there on internet. I guess my results are due to tons of back tests and demo tests i made the last 3 years. All I can say is that the EA I use is piplite 2.1 and it's not a commercial one, just a free and opensource one. Regards |
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Member Since Nov 18, 2010 3 posts
Edwardo
Feb 04 2011 at 22:36
Hello;
I was able to locate V 3.1 of this EA. Creator is Jeff, the same guy who coded the Bless. It is excellent show of coding ability but the main principle of his EAs is potential loss of up to 50%. In theory it makes sense and actually gives good profit for months at the time but then inevitable come and the account is decimated. It appears that piplite uses variation of his main theme which is martingale and need to risk large portion of account with every open trade. No STP, just set level of max DD. I promise myself never to touch any martingale or no STP EA. they all eventually blow up. If you have change piplite as to eliminate these draw downs good for you but if you play with martingale good luck and it is rather losing game. Regards, Edward |
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Member Since Oct 22, 2010 7 posts
brownturtle
Feb 05 2011 at 02:31
can i get details on the PAMM account please
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Member Since Apr 25, 2010 3 posts
Genovese Trading (pinillosforex)
Feb 17 2011 at 06:51
Hi please, Can you post the settings more or less? I'm also studying the piplite v 3. Regards and good pips. |
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Member Since Jan 29, 2011 56 posts
budakgetah86
Feb 21 2011 at 14:20
wow...u have a very hot system...i like it...
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Member Since Jan 29, 2011 56 posts
budakgetah86
Feb 21 2011 at 14:47
what broker did you use?
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Member Since Jun 16, 2010 205 posts
Soeren (GridsForPips)
Mar 10 2011 at 09:33
Hi,
I started testing PipLite as well, but with minor change, and on 6 instruments instead of one to diversify: http://www.myfxbook.com/members/GridsForPips/testing-account/36690 This account also runs 2 instances of my grid/pyramidtrader, but you can verify which EA is trading in the comments. Cheers Soeren. Always get cashback - http://www.cashbackforex.com/?aid=2091 |
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