Thor Forex (de forex_trader_56410)
El usuario ha borrado este sistema.
Discusión Thor Forex
Dec 19, 2011 at 00:20
SmoothHedge posted:
There seem to be multiple (perhaps 3) strategies. One is definitely MDP, the others will be copies of someone else's work also. They probably do a little better than break even in a perfect demo environment, which bolsters the overall gains a little over MDP alone, but the MDP clone will be where most of the gains are coming from.
I think you guys are missing the point. It may be similar to MDP in certain aspects, but I don't think it uses the same logic. At least not yet I don't. I have checked the BTs. It is noticeably different. Not drastically, just noticably. Plus, as I pointed out, Thor was more proitable in the tests. Granted, these are nothing more than just backtests, and since both MDP and Thor are super scalpers, the tests are virtually meaningless.
Anyway, I will be finding out this next week just how similar MDP and Thor are in live environments. After they both initiate trades, I will be able to go in and load the trades onto a 1 minute chart and compare the closed trades. If they match up....well....we will just see what happens and go from there. 😀 I don't want to start calling fake until i have some solid proof.....even though there is plenty of suspicious evidence.
Make losses, but always come out a winner at the end.
Miembro desde Jun 18, 2011
posts 52
Dec 19, 2011 at 00:55
fughe posted:
SmoothHedge posted:
There seem to be multiple (perhaps 3) strategies. One is definitely MDP, the others will be copies of someone else's work also. They probably do a little better than break even in a perfect demo environment, which bolsters the overall gains a little over MDP alone, but the MDP clone will be where most of the gains are coming from.
I think you guys are missing the point. It may be similar to MDP in certain aspects, but I don't think it uses the same logic. At least not yet I don't. I have checked the BTs. It is noticeably different. Not drastically, just noticably. Plus, as I pointed out, Thor was more proitable in the tests. Granted, these are nothing more than just backtests, and since both MDP and Thor are super scalpers, the tests are virtually meaningless.
Anyway, I will be finding out this next week just how similar MDP and Thor are in live environments. After they both initiate trades, I will be able to go in and load the trades onto a 1 minute chart and compare the closed trades. If they match up....well....we will just see what happens and go from there. 😀 I don't want to start calling fake until i have some solid proof.....even though there is plenty of suspicious evidence.
'MDP 1.2.0' comments were attached to trades in the live account for Thor, posted right on their home page. How much more evidence do you need?
Dec 19, 2011 at 01:07
SmoothHedge posted:
'MDP 1.2.0' comments were attached to trades in the live account for Thor, posted right on their home page. How much more evidence do you need?
Yeah, I find that to be incredibly suspicious. But that doesn't prove anything. It could have been that he was comparing the two EAs and posted the wrong test. I find it to be a bit odd, because when I do the same test, i get way better performance than what that test shows. Anyway, like I keep saying, we will find out shortly. i figure MDP and Thor will probably hit a trade this week and i will be able to start comparing them from live trades. I'm not going to sweat it.
If it is legit, he will be vindicated when i prove it. If not, then the appropriate actions will be taken. I am not going to cry wolf until I see one though.
Make losses, but always come out a winner at the end.
Dec 19, 2011 at 01:53
fughe posted:
SmoothHedge posted:
'MDP 1.2.0' comments were attached to trades in the live account for Thor, posted right on their home page. How much more evidence do you need?
Yeah, I find that to be incredibly suspicious. But that doesn't prove anything. It could have been that he was comparing the two EAs and posted the wrong test. I find it to be a bit odd, because when I do the same test, i get way better performance than what that test shows. Anyway, like I keep saying, we will find out shortly. i figure MDP and Thor will probably hit a trade this week and i will be able to start comparing them from live trades. I'm not going to sweat it.
If it is legit, he will be vindicated when i prove it. If not, then the appropriate actions will be taken. I am not going to cry wolf until I see one though.
Now he has changed the comment to say 'Thor 1.2.1' instead of 'MDP_EURUSD_1.2.0' so the only mistake he made was not changing the comment in the first place...not that he posted the wrong test.
Miembro desde Jun 18, 2011
posts 52
Dec 19, 2011 at 13:57
Yeah, probably just a coincidence that it is a spike trader just like MDP, and had MDP comments in the code. And besides, it's not like his last robot, EA Shark, had any controversy surrounding it. And everyone knows a system based on real time level 2 data can be backtested, right?
forex_trader_56410
Miembro desde Dec 12, 2011
posts 47
Dec 19, 2011 at 18:24
(editado Dec 19, 2011 at 18:29)
Hi Forex Traders,
An ex-employer which I had to fire yesterday played a pretty dirty joke with me. The result = Order comments on a html statement was replaced with order comments used by the EA Million Dollar Pips.
Shortly after, the developer from million dollar pips sent a DMCA notification (digital millennium copyright act notification) to our payment processor and contacted me.
After we had a chat conversation where I explained him the situation and offered him to compare code, logic and additional material. As both systems are very different, the issue was straightened out very quickly.
During the chat conversation, he sent another E-Mail to the payment processor, informing them that they should discard the DMCA notification he sent earlier.
However, as regular E-Mails and DMCA notifications are handled from different departments, the case was already reviewed from the payment processor before they had knowledge about the second E-Mail from the million dollar pips developer.
The result from their review was that no copyright violation exists at all. Later, they sent me another E-Mail with information about that the million dollar pips developer asked to discard the DMCA notification he sent in earlier.
Fact is that both systems are short-term trading systems what uses volatility expands. That’s all they have in common. Everything else (analytic method, entry, exit, trailing, order execution, time frame, etc.… are completely different. It is a bit like a banana and apple. Both fruits, but very different.
I am sure many forex trader, who purchased the Thor system also use the million dollar pips ea. So it is easy to compare tests, trades, function and features to understand that they are completely different.
Screenshots attached: MDP Test, Thor Test, Thor-MDP Test, E-Mail, Chat Transcript (partial blurred as we talked about coding stuff as well, what is not topic related)
If somebody would like to ask me additional questions, please contact me at: alexander [at] forexthor.com.
An ex-employer which I had to fire yesterday played a pretty dirty joke with me. The result = Order comments on a html statement was replaced with order comments used by the EA Million Dollar Pips.
Shortly after, the developer from million dollar pips sent a DMCA notification (digital millennium copyright act notification) to our payment processor and contacted me.
After we had a chat conversation where I explained him the situation and offered him to compare code, logic and additional material. As both systems are very different, the issue was straightened out very quickly.
During the chat conversation, he sent another E-Mail to the payment processor, informing them that they should discard the DMCA notification he sent earlier.
However, as regular E-Mails and DMCA notifications are handled from different departments, the case was already reviewed from the payment processor before they had knowledge about the second E-Mail from the million dollar pips developer.
The result from their review was that no copyright violation exists at all. Later, they sent me another E-Mail with information about that the million dollar pips developer asked to discard the DMCA notification he sent in earlier.
Fact is that both systems are short-term trading systems what uses volatility expands. That’s all they have in common. Everything else (analytic method, entry, exit, trailing, order execution, time frame, etc.… are completely different. It is a bit like a banana and apple. Both fruits, but very different.
I am sure many forex trader, who purchased the Thor system also use the million dollar pips ea. So it is easy to compare tests, trades, function and features to understand that they are completely different.
Screenshots attached: MDP Test, Thor Test, Thor-MDP Test, E-Mail, Chat Transcript (partial blurred as we talked about coding stuff as well, what is not topic related)
If somebody would like to ask me additional questions, please contact me at: alexander [at] forexthor.com.
forex_trader_56410
Miembro desde Dec 12, 2011
posts 47
Dec 19, 2011 at 18:30
Forget to attach files :)
Dec 19, 2011 at 18:35
thorforex posted:
Hi Forex Traders,
An ex-employer which I had to fire yesterday played a pretty dirty joke with me. The result = Order comments on a html statement was replaced with order comments used by the EA Million Dollar Pips.
Shortly after, the developer from million dollar pips sent a DMCA notification (digital millennium copyright act notification) to our payment processor and contacted me.
After we had a chat conversation where I explained him the situation and offered him to compare code, logic and additional material. As both systems are very different, the issue was straightened out very quickly.
During the chat conversation, he sent another E-Mail to the payment processor, informing them that they should discard the DMCA notification he sent earlier.
However, as regular E-Mails and DMCA notifications are handled from different departments, the case was already reviewed from the payment processor before they had knowledge about the second E-Mail from the million dollar pips developer.
The result from their review was that no copyright violation exists at all. Later, they sent me another E-Mail with information about that the million dollar pips developer asked to discard the DMCA notification he sent in earlier.
Fact is that both systems are short-term trading systems what uses volatility expands. That’s all they have in common. Everything else (analytic method, entry, exit, trailing, order execution, time frame, etc.… are completely different. It is a bit like a banana and apple. Both fruits, but very different.
I am sure many forex trader, who purchased the Thor system also use the million dollar pips ea. So it is easy to compare tests, trades, function and features to understand that they are completely different.
Screenshots attached: MDP Test, Thor Test, Thor-MDP Test, E-Mail, Chat Transcript (partial blurred as we talked about coding stuff as well, what is not topic related)
If somebody would like to ask me additional questions, please contact me at: alexander [at] forexthor.com.
Thank you for clarifying this situation and explaining it publicly. 😄
Make losses, but always come out a winner at the end.
forex_trader_33084
Miembro desde Apr 01, 2011
posts 16
Dec 19, 2011 at 20:06
I'm impressed...first time i've seen a commercial vendor be so open and responsive. Kudos! I wish success to you Mr. Collins.
Happy Holidays everyone!
Happy Holidays everyone!
Dec 19, 2011 at 21:37
Alright, for anyone who is still skeptical about the MDP controversy....I have just finished a through test. There are some instances where MDP and Thor over lap on trades, so I don't recommend trading them on the same account since they will interfere with each other sometimes.
That said, there are multiple instances where MDP takes lots of trades and the Thor remains slient. AND There are lots of times were the Thor is hyper active and MDP remains silent. They are definitely different trading systems. That said.....you will have the same amount of trouble trading profitably with Thor that you will have with MDP.
The two systems have the same handicap, they require speed and low slippage.
Now, to keep from scaring anyone away, you can always trade the less risky core#3. It rarely trades. But from what I can tell, the wins tend to be bigger, so that should offset some of the slippage you WILL experience in a REAL account. If you have traded MDP, expect to see the same slippage with Thor.
That said, there are multiple instances where MDP takes lots of trades and the Thor remains slient. AND There are lots of times were the Thor is hyper active and MDP remains silent. They are definitely different trading systems. That said.....you will have the same amount of trouble trading profitably with Thor that you will have with MDP.
The two systems have the same handicap, they require speed and low slippage.
Now, to keep from scaring anyone away, you can always trade the less risky core#3. It rarely trades. But from what I can tell, the wins tend to be bigger, so that should offset some of the slippage you WILL experience in a REAL account. If you have traded MDP, expect to see the same slippage with Thor.
Make losses, but always come out a winner at the end.
Dec 19, 2011 at 22:00
One further bit of information. If you are trading with 50:1 leverage or worse, and you intend to use all 3 cores, you may as well set the MM to 1%. Even at 1% I see lots of messages in the log that Thor is less than 50% and less than 25% margin and has suspended trading temporarily.
50:1 leverage sucks
50:1 leverage sucks
Make losses, but always come out a winner at the end.
Dec 20, 2011 at 03:50
fughe posted:
One further bit of information. If you are trading with 50:1 leverage or worse, and you intend to use all 3 cores, you may as well set the MM to 1%. Even at 1% I see lots of messages in the log that Thor is less than 50% and less than 25% margin and has suspended trading temporarily.
50:1 leverage sucks
Does Thor open up to 8 simultaneous trades at one time, as MDP does with the default settings? If so, then I can see how that might cause a problem with 50:1 leverage. But if you use simultaneous trades=1 with MDP, you should never have a problem with 50:1 leverage trading at 1% risk...
Anyway, that sucks if Thor interferes with some MDP trades. I definitely don't want to give up MDP to trade Thor or vice versa. I'm testing Thor on my live account now along with MDP, so we'll see what happens...
Dec 20, 2011 at 07:49
thorforex posted:
An ex-employer which I had to fire yesterday played a pretty dirty joke with me. The result = Order comments on a html statement was replaced with order comments used by the EA Million Dollar Pips.
Sure...lmao :D
If you really believe in your own EA, put it on a live real money account and show us the stats.
Dec 20, 2011 at 08:25
Jarora posted:
The seller should be aware that when it comes to sell your EA should present the real account. Like the MDP presents only the demo. It's unreliable.
In 90% cases this is right. However there are exceptions when putting EA on live account is not a good idea, and the demo results could be also achieved on live accounts.
For now Alexander prove to be reliable person. What he has said/written and done so far with his products make me believe in him. Maybe I will burn maybe I will be super satisfied, time will tell. Investing in markets is always about taking risk, however You should always control this risk and look for this edge. It's just life :)
Better to lose an oportunity than a money
Dec 20, 2011 at 08:48
crashev posted:
Jarora posted:
The seller should be aware that when it comes to sell your EA should present the real account. Like the MDP presents only the demo. It's unreliable.
In 90% cases this is right. However there are exceptions when putting EA on live account is not a good idea, and the demo results could be also achieved on live accounts.
For now Alexander prove to be reliable person. What he has said/written and done so far with his products make me believe in him. Maybe I will burn maybe I will be super satisfied, time will tell. Investing in markets is always about taking risk, however You should always control this risk and look for this edge. It's just life :)
Good luck...you're a brave man.
Dec 20, 2011 at 13:10
rgmann posted:
Does Thor open up to 8 simultaneous trades at one time, as MDP does with the default settings? If so, then I can see how that might cause a problem with 50:1 leverage. But if you use simultaneous trades=1 with MDP, you should never have a problem with 50:1 leverage trading at 1% risk...
Anyway, that sucks if Thor interferes with some MDP trades. I definitely don't want to give up MDP to trade Thor or vice versa. I'm testing Thor on my live account now along with MDP, so we'll see what happens...
I do not know. I haven't actually stopped and counted all the simultaneous trades at any given point. The manual is still quite vague, so there is not a lot of help there. Or maybe the info is in the manual and i just missed it.
Make losses, but always come out a winner at the end.
Dec 21, 2011 at 02:00
Alright amigos! The real money test account is live. Go check my profile to see how it runs. I check it randomly throughout the day. If there have been any trades, I will activate the myfxbook EA to update the account. SO....if there haven't been any trades and it hasn't updated in several days.....that means there haven't been any trades in several days. All 3 cores are active. I have used the comments core#1, core #2, and core#3 so that the cores can be tracked fairly easily. The risk is set to 1%. I have sent Alexander and email asking about running them simlutaneously. Currently, each core is being run in its own install of mt4. everything is on my VPS. The execution speed is <400ms for all functions. That is all I can think of to tell everyone.
Make losses, but always come out a winner at the end.
Dec 21, 2011 at 09:37
fughe posted:
Alright amigos! The real money test account is live. Go check my profile to see how it runs. I check it randomly throughout the day. If there have been any trades, I will activate the myfxbook EA to update the account. SO....if there haven't been any trades and it hasn't updated in several days.....that means there haven't been any trades in several days. All 3 cores are active. I have used the comments core#1, core #2, and core#3 so that the cores can be tracked fairly easily. The risk is set to 1%. I have sent Alexander and email asking about running them simlutaneously. Currently, each core is being run in its own install of mt4. everything is on my VPS. The execution speed is <400ms for all functions. That is all I can think of to tell everyone.
Gracias Amigo :)
Better to lose an oportunity than a money
