Thor Forex Discussion

Can you please show the trade history instead of hiding it? I would like to be able to see that this system will work in a real account by seeing that the trades aren't happening during news events where slippage will kill a trade in a live account.

Hello,
Go to home page of Forex Thor and learn the numbers of performance. You will find there all needed information as dates, profits, losses, etc.

Best regards,
Alex

Can you please specifiy the website so i know for sure where to go to? Thanks!

Alex, why don't you be honest and show us a real money account? A system that makes split second trades for 2 or 3 pips on a demo account is less than useless. You are acting like a con man. The regulators in the US are getting fed up with this sort of thing, you had better be careful.

Here's a link for you: http://news.yahoo.com/mont-man-gets-25-years-prison-investment-scam-233625915.html

All this guy did was exaggerate how much money he could help his members make, are you doing that?

Where's the forward test that started in Jan 2011...you do show it in the video, but it's not here.

Did the account blow up? Did something go wrong? Was curve not smooth enough?

Also agree with SmoothHedge: nice backtests, but NOTHING beats a forward test on a LIVE account.

So....where's the LIVE account?

Yeah, I gotta agree with SmoothHedge. A real account would be a lot more believable. Things always work better on a demo account. Things that will fail horribly on a real account.

This account is really suspicious. It hasn't traded since Dec 5th, 10 days ago. Its as if he's running it till he's got a good set of trades then trying to sell as many copies of EA as he can.

Alexander:
I need to see history ¡¡¡

Thanks

Hello again,

Thor's official website - http://forexthor.com/

Best regards,
Alexander

thorforex posted:
Hello again,

Thor's official website - http://forexthor.com/

Best regards,
Alexander

LOL....that's all you have to post...? No answers to our questions?

Starts to reek like another marketing hype based on air...

It trades similarly to Million Dollar Pips, which only trades on news spikes. Finding a broker that executes fast enough with such a system is nearly impossible, MDP has already dried up the liquidity during spikes.

I'm surprised people are still hyping demo results and trying to sell off that. Show a real account that is still currently trading rather than a demo that has a winning streak for a month or 2 and hyping that as the next best thing.

Alright.....I figured someone was going to have to test it. Here is my analysis so far...using tick data from dukas.

MDP on steroids. I am seeing orders opened, many modifications, and close out in less than a second. This will require the ultimate in speed for a broker. Slippage in ANY amount will murder you profit. DO NOT use this on an ECN account. You will require MM speed of order execution. I am seeing lots of positions closed out at breakeven, or plus a few tenths of a pip....so when I say slippage will kill it, i am serious. Every now and then it will catch a big win. Not entirely uncommon, but I don't know that it will be often enough to offset the loss that slippage will incur. It trades a lot, so maybe the rebates will help recover some of the losses.

The positive....It trades a LOT, so rebates.... Also, the losses are always small. ALWAYS. The only thing that may adversely affect this is.......wait for it.............slippage.

So, since the site offered a 100% guarantee for 90 days PLUS...if it isn't profitable within 90 days they will add an extra $100 to the refund.....I am going to open an account and put $100 in it. The worst that can happen is i will lose the $100 (minus the margin requirement) and the get my refund plus $100 if it turns out to not be a profitable system.

When I get the live account up, I may decide to make it public so everyone can watch the profits roll in, or the slaughter commence. Either way, i win! 😀

SmoothHedge posted:
Alex, why don't you be honest and show us a real money account? A system that makes split second trades for 2 or 3 pips on a demo account is less than useless. You are acting like a con man. The regulators in the US are getting fed up with this sort of thing, you had better be careful.

Here's a link for you: http://news.yahoo.com/mont-man-gets-25-years-prison-investment-scam-233625915.html

All this guy did was exaggerate how much money he could help his members make, are you doing that?

Hi SmoothHedge, actual i run two public accounts. Both updated in real time and published. So, everybody can follow them. The average gain per trade is 8.26 pips. Not 2-3 or any other random number!

Trading is general risky, specially forex trading. If you are not willing to take any risk...dont trade, specially dont trade forex.

san4x posted:
Where's the forward test that started in Jan 2011...you do show it in the video, but it's not here.

Did the account blow up? Did something go wrong? Was curve not smooth enough?

Also agree with SmoothHedge: nice backtests, but NOTHING beats a forward test on a LIVE account.

So....where's the LIVE account?

Hi san4x,
results from both accounts are published on publishing websites and also on the homepage. Follow them if you are interested in. Greetings, Alex

rodragon posted:
Alexander:
I need to see history ¡¡¡

Thanks

Forward results can be viewed on the homepage. (links to publisher sites included) Tests can be viewed here:

Real ticks - 5 years: http://www.myfxbook.com/strategies/forex-thor-real-ticks/10893

Metaquotes data: http://www.myfxbook.com/strategies/forex-thor/10894

SmoothHedge posted:
It trades similarly to Million Dollar Pips, which only trades on news spikes. Finding a broker that executes fast enough with such a system is nearly impossible, MDP has already dried up the liquidity during spikes.

Hi again, well, when you take a closer look to it you will see that the system you talk about an thor trade quite different. The order execution problem you talk about is in many cases homemade. Example: EAs using one channel to place orders (one by one), EAs use monster ex4 files, User uses slow VPS server and many more. As result traders sit with 1 second or more execution time. However, when you optimize the order process, compress the code and kick everything out what is not needed and use a quality VPS (not to far from the broker server) you can cut the execution time by min. 50%.

If you would like to learn about liquidity, please visit the website from dukascopy. Although it shows only a small part from the whole volume, you will see, a liquidity problem is the last thing you will have when you trade forex.

Have a nice weekend!
Alex

@ fughe ...well, when you use a 56k modem, intel penium 1 with 256 mb ram, trade with a dealing desk broker what is on the other side from the globe. Yes, slippage will may kill it. But in this case you was not trading. At least i would not call it so.😄

thorforex posted:
@ fughe ...well, when you use a 56k modem, intel penium 1 with 256 mb ram, trade with a dealing desk broker what is on the other side from the globe. Yes, slippage will may kill it. But in this case you was not trading. At least i would not call it so.😄

I agree, this was only a test run with tick data from dukascopy. Since I don't know the inner workings of the EA, I stayed on the safe side and rendered the data for 1m, 5m, 15m, 30m, and 1hr for the 11-30-2010 thru 12-05-2011 period. If it happens to specifically call different timeframes, the data will be available to the tester. Anyway....my results turned up an avg win of $6.74, avg loss of $2.74. Using fixed 0.1 lot, so that gives a pseudo look into the pip win avg. Biggest loss was $5.90, and the biggest win was $59. The win rate is 53.62%.

So.....if you get slipped on a trade for a worse fill (had that happen a lot during high volatility in live trading), that will eat into your profit. If you get slipped on the close, that will eat into your profit. 940 trades total....so that gives about 504 wins and 436 losses. Does your broker slip you 1 pip during high volatility? Then the avg win becomes $4.74, and avg loss becomes $4.74 (-1 pip on entry, and -1 pip on exit.)

Now....to clarify....this system is NOT the same system that MDP is based on. It is a different beast entirely. There is a LOT, LOT, LOT of potential. But, it could have the same weakness that hurts so many that have tried MDP, which is slow broker execution speeds and slippage.

That said....the odds are on my side to have a winning account. MDP shows that my avg speeds are <400ms across the board and my slippage stays under 1 pip. I have been running MDP for about a couple months, so those figures should be fairly accurate. I haven't seen anyone with a faster account than mine yet.

The odds are definitely stacked against it, but after having seen an entire years BT and looked over it thoroughly, I remain optimistic! 😀