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THEFOREXSNIPER (BETA) EA developed to trade my manual strategy - 24 hr trading (By forex_trader_59739)

The user has deleted this system.

THEFOREXSNIPER (BETA) EA developed to trade my manual strategy - 24 hr trading Discussion

Jan 16, 2012 at 12:11
1,922 Views
27 Replies
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 17, 2012 at 11:39
Possibly the worlds first EA with the following benefits:

-Trades like a person, NOT a robot.
-No eating away at leverage
-Max 1% risk per DAY on a pair, NOT per trade (Lowest risk EA in existence?)
- High probability, Low Risk, Consistent trading strategy
- Can be trade manually
- NO management needed at all if the EA is used - auto closes un-triggered trades at the end of each London close.
-IMPOSSIBLE to blow an account suddenly (the chief point that makes this beat every other EA out there.... )
- No trading at random points
- You know what it will do before it happens.
- Execution times make NO difference to this EA
- Spreads make no difference to this EA
- No small TPs - Wins are 30 pips
- NO large DRAWDOWNS!!!!!!!!

Follow its performance and subscribe.

Released through either PAMM or its own branded website (www.theforexsniper.com owned) Q3 2012!
Member Since May 12, 2011   65 posts
Jan 17, 2012 at 12:20

   BenjaminNathan posted:
   Possibly the worlds first EA with the following benefits:

-Trades like a person, NOT a robot.
-No eating away at leverage
-Max 1% risk per DAY on a pair, NOT per trade (Lowest risk EA in existence?)
- High probability, Low Risk, Consistent trading strategy
- Can be trade manually
- NO management needed at all if the EA is used - auto closes un-triggered trades at the end of each London close.
-IMPOSSIBLE to blow an account suddenly (the chief point that makes this beat every other EA out there.... )
- No trading at random points
- You know what it will do before it happens.
- Execution times make NO difference to this EA
- Spreads make no difference to this EA
- No small TPs - Wins are 30 pips
- NO large DRAWDOWNS!!!!!!!!

Follow its performance and subscribe.

Released through either PAMM or its own branded website (www.theforexsniper.com owned) Q3 2012!

The link opens a different site. I could not see any relevant info.
don't work for money, let it work for you...
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 17, 2012 at 14:46
Hi there - sorry - the site isnt live as yet - not until Q3 as stated - sorry I should have been more specific.

Please feel free to track its account here though.
Member Since Nov 25, 2011   2 posts
Jan 17, 2012 at 15:33
Hello,

Can you provide us the EA?

Thank you.
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 17, 2012 at 16:30
Hi there joaoff!

Well its not completed the testing phase yet. All bugs have been ironed out and now we are putting it through the actual results testing.

It will be made available once we have some more results on its performance.

It it set to be released when it has made its first 100 trades.

It will be available through a website which is currently being built. There will be a purchase or a pamm account option.

Ben

Member Since Mar 04, 2011   286 posts
Jan 17, 2012 at 16:50
great work lets wait for the release .
good luck
Press F1 for help or Dial 911.
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 17, 2012 at 17:36
Cheers Pakfx :)
Member Since Aug 20, 2011   588 posts
Jan 17, 2012 at 23:05
really interesting.
you plan a PAMM where? instaforex? fxopen? zulutrade?
I'll want it ;)
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 17, 2012 at 23:25
Yup ill be planning a pamm, not sure which one yet though, i'll need to do my research on the best providers.
Ill see how the EA is looking after 100 trades and then decide how to sell it. (Pamm or selling the EA).

:)

BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 20, 2012 at 10:35
Hi huys - 2 things I forgot to mention:

1) The EA is designed for steady low risk growth - im aiming for 5% a month with minimal drawdown.

Also, the current profit should be about 2% not 20% - I accidentally set the lots wrong. Should be 0.02, not 1. This is now corrected.

Also, we THINK we have ironed out any bugs now so its just a case of waiting to see the results. Ill go live with $1500 after 100 demo trades.

Cheers, Ben
Member Since Dec 08, 2010   66 posts
Jan 21, 2012 at 00:36
please put it on real money and real account and yes great work
Member Since Aug 20, 2011   588 posts
Jan 21, 2012 at 01:16

   BenjaminNathan posted:
   Hi huys - 2 things I forgot to mention:

1) The EA is designed for steady low risk growth - im aiming for 5% a month with minimal drawdown.

Also, the current profit should be about 2% not 20% - I accidentally set the lots wrong. Should be 0.02, not 1. This is now corrected.

Also, we THINK we have ironed out any bugs now so its just a case of waiting to see the results. Ill go live with $1500 after 100 demo trades.

Cheers, Ben
so by mistake for the moment only 0.98% of DD... so if you reduce it by 10... the DD should be 0.098%?????? ;)
well... I'll like the 0.98%, even a 9.8%...
Member Since Aug 22, 2009   27 posts
Jan 21, 2012 at 10:41
Hi Ben,

Your EA looks really interesting. Please notify me when you start the selling project.
Cheers,

Chris
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 21, 2012 at 11:15
Thanks everyone. And yep Willlgart - aiming for minimum drawdown on a proven real account within 6 months.... If MDP can sell 88000 on demo results with large drawdown im confident this one will kick up a good storm if the results are satisfactory... the AIM here is for 4-5% a month, but it could be more... steady consistent low risk growth is the aim of ths.

Chrisstoff - ill let everybody know when it is available. Ill be launching a website for it - hopefully ill make my returns before the hackers get busy stealing it :( lol.

If any one has any experience with securing EA files please get in touch and we can do business.
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 21, 2012 at 18:07
hey guys, now all bugs have been ironed out of the EA I am selling a limited number of it as part of the testing phase.

Price is heavily discounted from the release price and the number I am selling is strictly limited to 20.
Also thenbuyers will be required to agree to a confidentially agreement to prevent the EA from being shared further.

Telephone support will be included in the price.

Hopefully you guys are as excited about this opportunity as I am.

Inbox me with any interest.

Ben
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 21, 2012 at 20:12
HI there 77z - youll see im very transparent with no hidden agenda (Ive never heard of Steinitz)

All i can say is a) youll see im not pulling a sales pitch on people and b) ive been very honest here in fact I did state that the account being 20% up was a fault on my half (wrong settings) see above messages... all im looking for is 20 people who have enough interest to test this with me while making back what i spent in development to invest into a real account with this.

Also 100 trades on demo followed by 100 trades on real will take up to 6 months... we arent talking a 2 week test on some scalping ea here... food for thought.

Appreciate your comments here though and all I can say is guys 77z is right - im just offering people who dont mind the risk an opportunity to get in on this early , ultimately im aiming to take this to a higher level (domains etc purchased) which is why im only offering 20 copies.

Hope this clarifies.

All the best

Ben
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 21, 2012 at 20:13
ps MDP has sold 88000 copies with no live account, Ill be putting my money where my mouth is when this goes live officially.
Member Since Aug 20, 2011   588 posts
Jan 22, 2012 at 20:19
how to become a millionaire
lol
:)
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 22, 2012 at 23:20
Exactly - im sure once i have this proven on a real account there is no reason why is won't be more successful....

Hopefully 2012 will be a big year for the Forex Sniper.
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Jan 23, 2012 at 12:49
u include source code? does the ea use dll? Guardian? anything else?> can you upload a backtest to mfb? Some more info would be nice since, your system is a trade old.
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