MIDAS1 (By MIDAS )
The user has deleted this system.
Steve B
(stevetrade)
Member Since Oct 28, 2009
1415 posts
Feb 10 2010 at 12:26
This system looks amazing, just one question.
How did you lose 2250 pips on November 27th and still come out with a profit?
How did you lose 2250 pips on November 27th and still come out with a profit?
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
dubaitrader
Member Since Oct 28, 2009
1 posts
Feb 10 2010 at 13:19
Good question Steve, good question indeed. It seems almost all of these settings produce losses in terms of pips but positive £ growth.
judging by the logarithmic growth and the positive balance growth vs. negative pips expectancy, i would guess he is scaling into positions and doubling up on positions as he goes. other than that i see no other way to accomplish this.
anyway, excellent result!
anyway, excellent result!
Sleep is for the weak.
Somewhat odd that every day is measured in multiples of 50 pips. Also that only about 60% of the trades are verified.
My guess is he had one big earned trade and some smaller lost trades (ex. 1 lot x (+15pips) + 5x0.1 lot x ( -20pips) = -5pips but you are in money).
duplicate post(deleted!)
When everything else out there is just not good enough, design your own! MIDAS
zorba_g posted:Myfxbook's response - 'Our systems cannot verify trades which were already deleted by broker. Nevertheless, our systems use other parameters such as account balance, profit, etc' to determine if it's verified or not.'
Also that only about 60% of the trades are verified.
When everything else out there is just not good enough, design your own! MIDAS

Mar 11 2010 at 18:37
hi,
can you please unlock the history trade section?
Regards,
SIM
can you please unlock the history trade section?
Regards,
SIM
The history information is provided to our subscribers ony. You may try it, you can't lose with our 30 day money back guarantee - https://www.midasrobot.co.uk/track/2
Also, you will notice on the site that we are now publishing results of a strategy we are testing on MIDAS, whereby you can enter the market with MIDAS with just a few hundred dollars! https://www.midasrobot.co.uk/track/2
Results also published on Myfxbook, just search for MIDAS Low Deposit
cheers
Also, you will notice on the site that we are now publishing results of a strategy we are testing on MIDAS, whereby you can enter the market with MIDAS with just a few hundred dollars! https://www.midasrobot.co.uk/track/2
Results also published on Myfxbook, just search for MIDAS Low Deposit
cheers
When everything else out there is just not good enough, design your own! MIDAS
well this low deposit depot was blown a couple days ago, but I stay impressed with this account!
RainerN posted:
well this low deposit depot was blown a couple days ago, but I stay impressed with this account!
Your not wrong there! Try a search for Low Deposit Doubler, we have 3 new live tests up, 3 different settings on the USD/DKK, so far so good, fingers crossed!😉
When everything else out there is just not good enough, design your own! MIDAS
forexeurostocks
Member Since Mar 28, 2010
2 posts
Mar 30 2010 at 21:33
Hello
Just a moment please
Just a moment please
I do not understand your questions, sorry!
When everything else out there is just not good enough, design your own! MIDAS
forexeurostocks
Member Since Mar 28, 2010
2 posts
Mar 30 2010 at 22:30
Yesterday I sent an e-mail to you, you can answer please?
I did not receive your message! You can send me email by clicking message in my post below!
thanks
thanks
When everything else out there is just not good enough, design your own! MIDAS
Hi, Can you send me the history of your system?
Thanks in advance.
Thanks in advance.
No, this information is only available to our customers. Sorry.
You can see our web page in my profile on how to subscribe if you with.
Thanks
You can see our web page in my profile on how to subscribe if you with.
Thanks
When everything else out there is just not good enough, design your own! MIDAS
Well I have to say I have many doubts that what you have on these tests is real money.
Yes FxBook can be hacked not a easy job but certainly doable.
One of the main reasons why has to do with a answer to a email question I sent to Midas. It was very apparent by Midas answer that they knew nothing at all about EA(s) or trading.
I designed my own EA and it is doing very well. However if what you show on fxbook is true which I very much doubt it is then you would blow your account many times over.
Do the math you see very very few people have a EA that would make 40% a month after month.
And if you ever had a EA like this you would never sell it or lease it to anyone. So one or 2 things is true here 1. Your ea makes lots of money but bows the account at least as much as it makes or the EA does nothing and it's all a clever fabercation9which I believe it is)
Now to back up what I say here so some of the people reading this will not be conned into giving there money away look at this example.
start with a $5000 seed end of 1 month of tradind is
1. $7000
2. $ $9800
3. $13720
4. $19208
5. $26891
6.$37647
7.$52705
8 $73787
9. $103301
10.$144621
11$202469
12.$ 283,456 1-year
The above is with a EA that only makes 40% per month at the end of only 1 year you would have $283,456
in 2 year it would be high in the millions and remember only 40% per month.
Now your tests show even more than this but my point is very simple no one that has a EA that can do this would ever put it on the market. You keep EAs like this and tell nobody for obvious reasons that if you were to market it in a short time it would not work anymore so it's just very basic common sense people . Do not be fooled by these guys or anyone claiming such a EA..
This is why most people loose in the Forex market like 99%.
They never have the odds stacked in their favor and they believe most anything that sounds too good to be true.
I hope this post helps some folks here Do not be conned. These people would never market a EA that does what they say. They are betting on the greed factor which kills more people in Forex than anything else.
Sure they may make millions off the EA but not because the EA can make profit like this but because of you and thousands of others that will buy it..
A great game if you can sell it.
Best
Randy
Yes FxBook can be hacked not a easy job but certainly doable.
One of the main reasons why has to do with a answer to a email question I sent to Midas. It was very apparent by Midas answer that they knew nothing at all about EA(s) or trading.
I designed my own EA and it is doing very well. However if what you show on fxbook is true which I very much doubt it is then you would blow your account many times over.
Do the math you see very very few people have a EA that would make 40% a month after month.
And if you ever had a EA like this you would never sell it or lease it to anyone. So one or 2 things is true here 1. Your ea makes lots of money but bows the account at least as much as it makes or the EA does nothing and it's all a clever fabercation9which I believe it is)
Now to back up what I say here so some of the people reading this will not be conned into giving there money away look at this example.
start with a $5000 seed end of 1 month of tradind is
1. $7000
2. $ $9800
3. $13720
4. $19208
5. $26891
6.$37647
7.$52705
8 $73787
9. $103301
10.$144621
11$202469
12.$ 283,456 1-year
The above is with a EA that only makes 40% per month at the end of only 1 year you would have $283,456
in 2 year it would be high in the millions and remember only 40% per month.
Now your tests show even more than this but my point is very simple no one that has a EA that can do this would ever put it on the market. You keep EAs like this and tell nobody for obvious reasons that if you were to market it in a short time it would not work anymore so it's just very basic common sense people . Do not be fooled by these guys or anyone claiming such a EA..
This is why most people loose in the Forex market like 99%.
They never have the odds stacked in their favor and they believe most anything that sounds too good to be true.
I hope this post helps some folks here Do not be conned. These people would never market a EA that does what they say. They are betting on the greed factor which kills more people in Forex than anything else.
Sure they may make millions off the EA but not because the EA can make profit like this but because of you and thousands of others that will buy it..
A great game if you can sell it.
Best
Randy