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=Tiger 2 EURUSD= Discussion
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Membre depuis Nov 30, 2009  5 messages Mike (mcmalach) Jun 06 2010 at 19:13
i would be very interested in learning some about this system if your interested in sharing it


Membre depuis May 25, 2010  1 messages chartwell Jun 06 2010 at 19:36
Like Mike.
I too would be very interested in learning your system.
Please contact me to discuss further,if you would be so kind.
Ktannetta@aol.com is my alternative email address.


Membre depuis Nov 10, 2009  6 messages STOCKMONEY (alexika) Jun 06 2010 at 20:12
I'm very interested in your strategy / I guess it 's a scalping strategy// Can you sibscribe your system ??


Membre depuis May 30, 2010  1 messages md4RM Jun 06 2010 at 20:17
i think is robot, robo-cap .... =)


Membre depuis Mar 20, 2010  2 messages Trade4you Jun 06 2010 at 20:26

I´m also very interested in your strategy!!!!

Keep it simple! Just trade to get a comfortable live!

Membre depuis Aug 01, 2009  941 messages Elkart (Elkart) Jun 06 2010 at 20:32 (édité à Jun 06 2010 at 20:35 )
I'm pretty sad to see this happen in fxbook. Now it's open season for the scammers.

We're going to have tsunami of crap like this. Real performance will just disappear in all the noise.

For the four of you, if there is anybody in here who is not part of this I'll talk to myself group, this is a control point based back test. It has 0% accuracy or value.

Chang beer is evil.

Membre depuis Dec 10, 2009  24 messages danielfppps Jun 06 2010 at 21:36 (édité à Jun 06 2010 at 21:37 )
Hello Everyone,

I absolutely agree with Elkart, myfxbook will now become a very dangerous place for people new to automated trading systems, managed accounts, etc since most new traders are not aware of all the things that can be done to make backtesting results show incredible, unrealistic results. More over, the authenticity of the backtesting results cannot be verified in anyway since the statements can be modified before uploading and this also puts people at an incredible danger of being ripped off.

As Elkart said, this system uses control points and has absolutely no modeling validity, even systems that explicitely control bar opening do not have accurate simulations using this technique. However having a 90% modeling quality also does not guarantee accuracy, many other things come into play - including hindsight - and therefore GREAT care is needed when you look at these systems.

I have personally added my results for Watukushay FE (2000-2009 backtest), available for free at http://watukushayfe.blogspot.com, an EA I coded for backtesting reliability and for long term profitability. You can download the expert for free and you can also check my live myfxbook results of this system.

I hope that this new feature at myfxbook will not lead to a scammer-party with many people losing their money on worth-less systems. However this might only be wishful thinking :S

I invite those of you interested in reliable trading strategies with live and backtesting results to visit Watukushay FE's website and learn more about the EA, or simply to REALLY inform yourselves about the faults and limitations of backtesting results and what can and CANNOT be infered from them. Thank you for reading this message :)

Best Regards,



Membre depuis Dec 20, 2009  12 messages mandelmus Jun 08 2010 at 15:40
Daniel, your link has an erroneous character (comma) ... here is the corrected link ... http://watukushayfe.blogspot.com/


Membre depuis Apr 20, 2010  812 messages DoubleTrap (ForexSeeker) Jun 08 2010 at 18:23
Hello Elkart, I think you probably have to eat back your own words.

See he got real account corresponding to the back test result.


Information is Gold when come to organised.

Membre depuis Jan 17, 2010  140 messages Robert (robw135) Jun 09 2010 at 02:06
I don't know how you can compare a live system doing 0.52% DAILY with a back tested system doing 65.39% DAILY and claiming them to be the same.


ForexSeeker posted:
    Hello Elkart, I think you probably have to eat back your own words.

See he got real account corresponding to the back test result.


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