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MIDAS6 (By MIDASUser)

The user has deleted this system.

MIDAS6 Discussion

Oct 22, 2009 at 11:17
2,019 Views
24 Replies
Member Since Dec 30, 2009   26 posts
Feb 05, 2010 at 07:47
hi there can you tell me alittle about your performance - what pairs and wether you are open to managing money? thx
Survival of the Fittest
Member Since Oct 22, 2009   84 posts
Feb 05, 2010 at 09:15
Hi, You can view the pairs MIDAS has been running on by clicking the bar graph at the bottom of the stats. page where you will also see the performance! You can also do a search for MIDAS to see other customers performances and the returns they are achieving.

We do not manage money, sorry.

Thanks for your questions.
When everything else out there is just not good enough, design your own! MIDAS
Member Since Oct 22, 2009   84 posts
Feb 09, 2010 at 09:44

mikerawson posted:
    hi there can you tell me alittle about your performance - what pairs and wether you are open to managing money? thx


New web page now launched - www.MIDASRobot.co.uk
When everything else out there is just not good enough, design your own! MIDAS
Member Since Jan 14, 2010   556 posts
Feb 09, 2010 at 09:55
Well, it's nice to see for a change a verified EA vendor, unlike the rest of them fapturbo and alikes.

Your system does look good, well done!
Member Since Oct 28, 2009   1423 posts
Feb 10, 2010 at 12:30
Hi, theses results look amazing.
However I'm interested to know how you can suffer a 700 pip loss on a day and still make 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.
Member Since Oct 22, 2009   84 posts
Feb 10, 2010 at 16:29

wilkinson posted:
    Well, it's nice to see for a change a verified EA vendor, unlike the rest of them fapturbo and alikes.

Your system does look good, well done!

Thank you for your kind words.
When everything else out there is just not good enough, design your own! MIDAS
Member Since Oct 22, 2009   84 posts
Feb 10, 2010 at 18:00

stevetrade posted:
    Hi, theses results look amazing.
However I'm interested to know how you can suffer a 700 pip loss on a day and still make a profit?


You can try it without any risk to your monies with our 30 day money back guarantee if you wish.
When everything else out there is just not good enough, design your own! MIDAS
Member Since Aug 20, 2009   266 posts
Feb 18, 2010 at 23:28 (edited Feb 18, 2010 at 23:33)
Hi MIDASUser,

Nice results.........I will be watching this one with interest.

I agree that it is nice to see a vendor putting their product up and and also on a real account. It speaks volumes for your system and effort.

That said, and to answer Steve's question, your system has characteristics of a martingdale type of system which would explain the the profits with a negative pip value. Correct me if I am wrong............

The idea of a money back guarantee is nice, but a statement so that we can assess the effect of that 700 pips drawdown and the consequent lot escalation would be even nicer.
Wealth Creation Through Technology
Member Since Feb 17, 2010   33 posts
Feb 18, 2010 at 23:35
Hi

Also if the average win is 7 and the average loss is 10 how can this account show that it is growing or am I missing something?

Cheers
Member Since Aug 20, 2009   266 posts
Feb 18, 2010 at 23:43
Phil,

The winrate is 73%, so that far outweighs the average trade win/loss. So by way of example, on 100 trades, the profit would be 511(73 x 7) and the loss would be 270(27 x 10) for a nett profit of 241.
Wealth Creation Through Technology
Member Since Feb 17, 2010   33 posts
Feb 18, 2010 at 23:56 (edited Feb 18, 2010 at 23:57)
Arrr yes I forgot to allow for that thanks for pointing it out, well might give this a spin see how it goes as it all seems above board here as its verified account, I see its a monthly subscription but not a great deal, not many EA request payment this way so my bet it works and you get 30 day trial.
Never used a martidale EA before is that one that goes crazy and always has trades open..lol
Will the levearge 500 to 1 matter?
Member Since Feb 17, 2010   33 posts
Feb 23, 2010 at 23:53
If its so good why is the history of trades hidden?
Member Since Nov 02, 2009   13 posts
Feb 27, 2010 at 04:28
Could you please specify the pairs it trades and also its trading hours, its important for me also would a copy of backtest be available for this ea somewhere from 2006 - 2010? Since its black box subscription will i be able to backtest the ea or will i get an ea that gets signals from your sever. Thank you.
If it can't be bought its not worth my time...
Member Since Oct 22, 2009   84 posts
Feb 27, 2010 at 10:40

Cyrillic posted:
    Could you please specify the pairs it trades and also its trading hours, its important for me also would a copy of backtest be available for this ea somewhere from 2006 - 2010? Since its black box subscription will i be able to backtest the ea or will i get an ea that gets signals from your sever. Thank you.

Pairs are published on this site.
The subscribers choose their own pairs to trade.
We will be publishing in our members area various strategies on how you can use MIDAS as it has various capabilities.
You can back test.
When everything else out there is just not good enough, design your own! MIDAS
robw135
forex_trader_5776
Member Since Jan 17, 2010   140 posts
Feb 28, 2010 at 15:23
Congratulations......A first consistent EA on quite a long time frame that I've seen.

Now that you found a way to print money you have to very careful, FED doesn't like competition

Keep up the great work.
Member Since Oct 22, 2009   84 posts
Mar 03, 2010 at 23:30

robw135 posted:
    Congratulations......A first consistent EA on quite a long time frame that I've seen.

Now that you found a way to print money you have to very careful, FED doesn't like competition

Keep up the great work.

Thank you for your kind words. We'll try and stay one step ahead of big brother!
When everything else out there is just not good enough, design your own! MIDAS
Member Since Feb 17, 2010   33 posts
Mar 04, 2010 at 13:23
Could you kindly allow more access to the trades so we can appreciate what its trading, when and size of lots etc?

Many thanks

Member Since Oct 22, 2009   84 posts
Mar 04, 2010 at 13:53
Sorry no, this is privileged information for our customers only.

Become a member risk free with our 30 Day money back guarantee, you will also have exclusive access to winning strategies we continue to run with and update as we enhance it's abilities. https://www.midasrobot.co.uk/track/2

Whilst MIDAS works straight out of the box, our robot is not fixed in how it can be used, as you can change the settings depending on your risk and strategy style to suit.

https://www.midasrobot.co.uk/track/2
When everything else out there is just not good enough, design your own! MIDAS
Member Since Feb 16, 2010   1332 posts
Mar 07, 2010 at 22:42
It could only be some Martingale, 134% profit with only 170 pips.... speechless.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Mar 15, 2010   16 posts
Mar 17, 2010 at 03:54
what do you mean ?
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