Primeval-EA_Alpari-UK (By primevalea)

The user has deleted this system.

Primeval-EA_Alpari-UK Discussion

Jan 21, 2010 at 17:03
4,924 Views
65 Replies
Member Since Sep 04, 2009   879 posts
Mar 02, 2010 at 16:07 (edited Mar 02, 2010 at 16:08)
Chip4Pips posted:
    Yeah, how about setting up a demo on an STP broker like Go Markets, or an ECN for that matter? Scalpers typically have done well on these brokers, so why not.

You don't get it... Demo acc. are useless when it comes to show the real performance of these scalping EAs, no matter what sort of broker.
Member Since Sep 04, 2009   879 posts
Mar 02, 2010 at 16:11

primevalea posted:
    
This will be done soon, we'll start showing results with real money account with different Brokers, In April one or two Brokers with real money account will be added and later we'll add more.

pc8multifx posted:
    Since your product is a pretty expensive one you should run it at least on two brokers LIVE accounts to convince me...

Your DEMO performance means nothing when it comes to real money trading... requote, slippage, spread widening in Asian session... you name it.

You need a month to set up a live account???? Usually its done within 2-3 days inclusive the account funding...
Chip4Pips
forex_trader_366
Member Since Aug 28, 2009   10 posts
Mar 02, 2010 at 16:17 (edited Mar 02, 2010 at 16:18)
pc8multifx posted:
   You don't get it... Demo acc. are useless when it comes to show the real performance of these scalping EAs, no matter what sort of broker.

I don't find demos on traditional dealing desk accounts to be worth anything, and ECN/STP demos to be only slightly better than worthless. That's why I requested an ECN/STP demo, as it would be better than what we are currently looking at, but again, still not worth much.

I have personally experienced slippage live of as much as 10 full pips on entry using a scalper on an ECN that shall remain nameless, while the same trade on parallel demo executed flawlessly. So, actually I do get it. I would be all for the provider to show a real money live account at ECN/STP broker. Only then will we see what it can really do in what should be an optimum environment. Frankly, I think it's a reasonable request given the price of the EA.
Member Since Jan 14, 2010   449 posts
Mar 07, 2010 at 05:42 (edited Mar 07, 2010 at 05:50)
What is the hurry? It will be in a month and that's it ...
I don't need to convince you, the EA works great and far better
than any other commercial EA found currently on the Internet.

Smart people have already bought it and are trading successfully
with it on their real money accounts, I know because I get comments
from them and they're happy with the performance on backtests,
forwardtests and live trading.

Also the price of the EA will increase on April 1st.

pc8multifx posted:
    
primevalea posted:
    
This will be done soon, we'll start showing results with real money account with different Brokers, In April one or two Brokers with real money account will be added and later we'll add more.

pc8multifx posted:
    Since your product is a pretty expensive one you should run it at least on two brokers LIVE accounts to convince me...

Your DEMO performance means nothing when it comes to real money trading... requote, slippage, spread widening in Asian session... you name it.

You need a month to set up a live account???? Usually its done within 2-3 days inclusive the account funding...
Money makes more money $ ... $$$
Member Since Nov 13, 2009   24 posts
Mar 08, 2010 at 02:59
Hi primevalea,

Do this EA have SL?
Why i saw your account have EURCHF open since Feb 5 holding more than 200 pips of losses?
Member Since Jan 14, 2010   449 posts
Mar 08, 2010 at 03:19
Yes, all scalping trades use SL and TP values but most of the times the EA close them.

Those trades you mention belong to the grid strategy which doesn't use SL.

Lionmi posted:
    Hi primevalea,

Do this EA have SL?
Why i saw your account have EURCHF open since Feb 5 holding more than 200 pips of losses?
Money makes more money $ ... $$$
Member Since Nov 12, 2009   19 posts
Mar 08, 2010 at 05:15
Hi,

If I purchase now, will I get the so called 'next version with more active and profitable Asia Session' for free, or do I have to pay more to receive any updates?

Cheers


primevalea posted:
    
As you said, it's a scalper and pips gained in every trade are small but if you sum the amount of pips earned with that big amount of trades made by the EA, the number is very big, it gained almost 1500 pips between all pairs in 5 weeks, you can take a look at our trades summary in myfxbook.

It works a little similar to Megadroid and fapturbo except for the big amount of trades (and pips) and great accuracy our EA shows everyday, furthermore money management and the way risk is split up between all pairs is much better.

Next version will be even more active & profitable during Asian Session and a new strategy will be presented, this is far from being ready and released yet.

Philbot44 posted:
    Most wins seem very small amout of pips and yes I realise its a scalper but if like Alpari the tend to increase spreads even on demo to 5 or 6 pips then it must be difficult to acheive decent pips wins?

Isnt this stratedgy similiar to Megadriod or fapturbo or can you explain the differences?

Thanks

Member Since Jan 14, 2010   449 posts
Mar 08, 2010 at 05:24

Small updates will be for free but if we really get better the EA and include new strategies, the upgrade won't be for free.

Regards,

Bill_New_2FX posted:
    Hi,

If I purchase now, will I get the so called 'next version with more active and profitable Asia Session' for free, or do I have to pay more to receive any updates?

Cheers
Money makes more money $ ... $$$
Member Since Sep 18, 2009   2 posts
Mar 08, 2010 at 22:43
Hi, some people are complaining that the EA is crushing the platforms on Vista.
Is there an issue with that?

Cheers
Member Since Jan 14, 2010   449 posts
Mar 09, 2010 at 02:30
Hi I'm not sure as I have not tested it on Windows Vista, it works fine on Windows XP and Windows 7 (currently using it) even on Ubuntu using our Tutorial explaining how to make it run on it.

Pluto2 posted:
    Hi, some people are complaining that the EA is crushing the platforms on Vista.
Is there an issue with that?

Cheers
Money makes more money $ ... $$$
Member Since Feb 17, 2010   88 posts
Mar 09, 2010 at 11:07

Pluto2 posted:
    Hi, some people are complaining that the EA is crushing the platforms on Vista.
Is there an issue with that?

Cheers

Hi
As far as I knows is that a problem of virus-tester in Windows Vista. not only with Primeval but generally with DDL files.Primeval is a very complex system and need a good running windows. Best is You running only Primeval at a fresh MT4.
that can you reach by adding your MT4 setup into another directory and then you have 2,3,4,.... Live or Demo MT4 and your EA has space to work.
this and other matters about new EA, etc. .. you can read next time on our side www.fxsystemstest.com
casually asked is this a good name for a site or better www.forexrobottests.com?
write me a mail here in my fxbook 😉
Member Since Mar 07, 2010   257 posts
Mar 09, 2010 at 22:17
If I get your EA via affiliate link ... do I get an ECN account with or without commision ?
Also am I treated then as a regular customer who purchased the EA ?
Member Since Mar 07, 2010   257 posts
Mar 09, 2010 at 22:24
Your affiliate broker's website looks rather SCARY ... is it not possible for you to form relationships with better presenting brokers ??? I'm not familiar with them, are they trustworthy ?
Member Since Jan 14, 2010   449 posts
Mar 10, 2010 at 02:01 (edited Mar 10, 2010 at 02:01)
What do you mean with 'scary', the site has a good presentation, read this info from them:


'Fienex Group headquarters are now located in Dubai, United Arab Emirates. FXCBS is a subsidiary of the Fienex Group which has been granted regulatory status by the Government of Dubai within the Dubai Multi Commodities Center under the name Fienex DMCC. We are conveniently situated in one of the world’s most important financial centers. Adhering to the strictest regulatory standards mandated by our seat with the DGCX(Dubai Gold & Commodity Exchange), and as a member of the DMCC(Dubai Multi Commodities Center). Fienex DMCC also adheres to SCA (Securities and Commodities Authorities) jurisdiction. FXCBS is proud to announce new regulatory arrangements with European regulators. In order to maintain the security and integrity of FOREX trading practices, we are in the process of concluding regulatory agreements with the following European Regulatory Agencies: MIFID, CYSEC, and FSA concluding with imminent membership status. '

So they are trustworthy.

If you get the EA (for free) using our affiliate link you get an ECN account which you can choose to be commission based or commission free, if it's commission free spreads are 0.8 pips higher for every pair compared to commission based accounts but the EA should be more profitable on commission free accounts but risk will also be a bit higher because of the 0.8 pips of difference (maybe only for EURGBP, EURCHF and GBPCHF pairs). You will also be treated as a regular customer who purchased the EA.

Recommended initial deposit is $10,000 but from $5,000 it should work fine too.


duzyfx posted:
    Your affiliate broker's website looks rather SCARY ... is it not possible for you to form relationships with better presenting brokers ??? I'm not familiar with them, are they trustworthy ?
Money makes more money $ ... $$$
Member Since Dec 12, 2009   39 posts
Mar 12, 2010 at 05:45 (edited Mar 12, 2010 at 05:45)
What about your GBPUSD hedging strategy? Do you recommend running this? My friend is running this EA now and he isn't using EurChf grid strategy, but thinks he should use GbpUsd Hedging strategy perhaps but doesn't understand completely what it does. Please explain. Also is this account running the GbpUsd hedging strategy? Thanks,


Andrew.
Mass Profits!
Member Since Jan 14, 2010   449 posts
Mar 13, 2010 at 02:39

Hi, I don't recommend running this, this strategy is kind of messy, you could backtest it to see how it works, the grid strategy is also slow bringing profits and lately the EURCHF is not moving not down not up although is tendency is clearly down!
Just stick to the scalping strategy, in future versions we'll provide a better none-scalping strategy that will trade 24/5 but as I said before this is far from being done yet, it will take several months.

freeBY23 posted:
    What about your GBPUSD hedging strategy? Do you recommend running this? My friend is running this EA now and he isn't using EurChf grid strategy, but thinks he should use GbpUsd Hedging strategy perhaps but doesn't understand completely what it does. Please explain. Also is this account running the GbpUsd hedging strategy? Thanks,


Andrew.
Money makes more money $ ... $$$
Member Since Aug 20, 2009   266 posts
Mar 13, 2010 at 05:03 (edited Mar 13, 2010 at 05:07)
Any particular reason you are not running your EA on a live account?

We all know that demo accounts present a somewhat optimistic truth.

If you want to establish credibility here, nothing speaks like a verified live account with a few thousand dollars.
Wealth Creation Through Technology
Member Since Jan 14, 2010   449 posts
Mar 13, 2010 at 15:17
Hi, We understand that and this will be done within a week or two now, in fact, We'll show results with different Brokers along the year, We'll start with a $5,000 live account and maybe another small account of $1,000.


compuforexpamm posted:
    Any particular reason you are not running your EA on a live account?

We all know that demo accounts present a somewhat optimistic truth.

If you want to establish credibility here, nothing speaks like a verified live account with a few thousand dollars.
Money makes more money $ ... $$$
Member Since Dec 12, 2009   39 posts
Mar 14, 2010 at 21:57
Dear Primevalea, CAN ea run on any pairs with low spread?? preferably < 3 pip spread?
Mass Profits!
Member Since Jan 14, 2010   449 posts
Mar 15, 2010 at 01:49
It only runs on the EIGHT supported pairs which are:
EURUSD, GBPUSD, EURGBP, EURCHF, GBPCHF, USDCHF, USDCAD, and USDJPY.

freeBY23 posted:
    Dear Primevalea, CAN ea run on any pairs with low spread?? preferably < 3 pip spread?
Money makes more money $ ... $$$
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