Dragon EA (de forex_trader_4196)

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Discussion Dragon EA

Dec 08, 2009 at 11:47
Vues 5,226
66 Replies
Chip4Pips
forex_trader_366
Membre depuis Aug 28, 2009   posts 10
Dec 21, 2009 at 19:48
What I mean is that the perf looks quite similar to an EA called FX Genius, which works great on demo, but is impractical for real world application. It arbitrages the latency between the price feed from two different brokers, and given how fast this one opens and close positions, the trade pattern that Dragon generates looks similar to me. In live trading the 'slave' or slower broker always ends up requoting you to death, and you never get the fill the demo feed got.
Pipseater
forex_trader_4196
Membre depuis Dec 08, 2009   posts 18
Dec 22, 2009 at 08:15

Chip4Pips posted:
    What I mean is that the perf looks quite similar to an EA called FX Genius, which works great on demo, but is impractical for real world application. It arbitrages the latency between the price feed from two different brokers, and given how fast this one opens and close positions, the trade pattern that Dragon generates looks similar to me. In live trading the 'slave' or slower broker always ends up requoting you to death, and you never get the fill the demo feed got.

I've got your point, but please have some patience to wait until we'll release live trading results with various brokers. In fact, we're just waiting the number of trades exceeds 100 to be more conclusive.
Membre depuis Aug 27, 2009   posts 69
Dec 23, 2009 at 06:44

Pipseater posted:
    
veki posted:
    This look really great!
I wonder if the results would be so good at live account...and with broker with spread 4-5...


In fact Dragon EA is a scalping EA and it will work with any broker allowing scalping. Spread 4-5 pips is too great of course, but there is a lot of brokers with a spread of 1-2-3 pips. Profitabilty of a real account would be 50-70% of demo account profitability. And if you want to withdraw your money safely we would recommend you to run this EA for a couple of hours a day only, otherwise you'll be blacklisted.

hi Pipseater,

don't unerstand why you told that 'you to run this EA for a couple of hours a day only, otherwise you'll be blacklisted' if you run whit a broker allowing scalping no problem normaly ! if you don't run with broker allowing scalping you'll have the problems only !

can you explain me why you told 'you to run this EA for a couple of hours a day only, otherwise you'll be blacklis'
alla.rachedi@
Pipseater
forex_trader_4196
Membre depuis Dec 08, 2009   posts 18
Dec 23, 2009 at 08:18
loulou69, brokers may allow scalping, but they will never allow you to bring them down to bancrupcy! Actualy, using our EA we can easily turn $1K to $1M in a few days with a progressive lot, but we will never do this. The fairy tales about 'our profit is the spread only', or whatever else they say, but if they will notice that you are too successful, they will make you a hard life, as Chip4Pips said here, 'they will requote you to death'. They have a lot of other tools serving the same purpose.

Why do I say this? The one having a profitable EA, and this relates not solely to Dragon EA, but to every other EA, shoving outstanding results, should be very careful and limit his profit to reasonable figures. Try to find out what amount is painless to your broker and never exceed it!
Membre depuis Aug 27, 2009   posts 69
Dec 23, 2009 at 08:28

Pipseater posted:
    loulou69, brokers may allow scalping, but they will never allow you to bring them down to bancrupcy! Actualy, using our EA we can easily turn $1K to $1M in a few days with a progressive lot, but we will never do this. The fairy tales about 'our profit is the spread only', or whatever else they say, but if they will notice that you are too successful, they will make you a hard life, as Chip4Pips said here, 'they will requote you to death'. They have a lot of other tools serving the same purpose.

Why do I say this? The one having a profitable EA, and this relates not solely to Dragon EA, but to every other EA, shoving outstanding results, should be very careful and limit his profit to reasonable figures. Try to find out what amount is painless to your broker and never exceed it!

the bancrupcy !! do you think that also for STP broker ?
alla.rachedi@
Pipseater
forex_trader_4196
Membre depuis Dec 08, 2009   posts 18
Dec 23, 2009 at 08:50

loulou69 posted:
    
the bancrupcy !! do you think that also for STP broker ?

Maybe I'm wrong, but I do not believe that STP/ECN brokers are something different from MM brokers in terms of relations 'broker-trader'. But there is a very simple way to check this - try to win $1M in a few days and see if they will give it to you 😁 After tell everybody here!
Membre depuis Aug 27, 2009   posts 69
Dec 23, 2009 at 09:22

Pipseater posted:
    
loulou69 posted:
    
the bancrupcy !! do you think that also for STP broker ?

Maybe I'm wrong, but I do not believe that STP/ECN brokers are something different from MM brokers in terms of relations 'broker-trader'. But there is a very simple way to check this - try to win $1M in a few days and see if they will give it to you 😁 After tell everybody here!

thanks for reply Pipseater, i'm ok to try it, but in first time your EA must work with STP/ECN brokers 😁
it works with STP/ECN brokers ????????
alla.rachedi@
Pipseater
forex_trader_4196
Membre depuis Dec 08, 2009   posts 18
Dec 23, 2009 at 09:38

loulou69 posted:
    
thanks for reply Pipseater, i'm ok to try it, but in first time your EA must work with STP/ECN brokers 😁
it works with STP/ECN brokers ????????

I prefer not to announce something like this before we will release our tests. Draw your attention, we are not in hurry to sell our product because still see the room to improve it, why all around are eager to buy it? Everything in due time...
Elkart
forex_trader_7
Membre depuis Aug 01, 2009   posts 941
Dec 23, 2009 at 13:28
Well, I'm not sure if the link will work, but I reckon Birt got it down.

https://www.myfxbook.com/community/trading-systems/1k-over-1-billion-less/11371#?pt=2&p=1&o=11371

Good luck to those who believe in the box....
Pipseater
forex_trader_4196
Membre depuis Dec 08, 2009   posts 18
Dec 24, 2009 at 09:46
Just have had a look at Birt's 1K to 1B system. It's just funny, but nothing more. Actually it has very little in common with Dragon EA. First of all, even the author admits that it wouldn't work in a live trading. Unlike from our system. It works.

We expected to release our live trading results before the holidays, but regretfully we still haven't reached our goal of 100 trades anywhere, because live trading gives much less signals than demo. In a few hours we are going to shut down everything and commence our vacation, but we will return on the first Monday of 2010 and the release will be coming shortly by then.

MERRY CHRISTMAS TO ALL! WISHING YOU PROSPERITY AND SUCCESS IN 2010!!!
Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 21:05

Pipseater posted:
    <a href= target='_blank'><img src= /></a>

Attention everybody! Dragon EA is not associated by any means with ForexDragon v.9.1. This is completely different EA. It is being prepared for sale presently. Please follow up this thread as the day of the launch will be announced here. Thank you!

Please put me down as an interested customer when you are done perfecting this EA
Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 21:05

rfolgate posted:
    
Pipseater posted:
    <a href= target='_blank'><img src= /></a>

Attention everybody! Dragon EA is not associated by any means with ForexDragon v.9.1. This is completely different EA. It is being prepared for sale presently. Please follow up this thread as the day of the launch will be announced here. Thank you!

Please put me down as an interested customer when you are done perfecting this EA

[email protected]
Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 21:10

loulou69 posted:
    
Pipseater posted:
    
veki posted:
    This look really great!
I wonder if the results would be so good at live account...and with broker with spread 4-5...


In fact Dragon EA is a scalping EA and it will work with any broker allowing scalping. Spread 4-5 pips is too great of course, but there is a lot of brokers with a spread of 1-2-3 pips. Profitabilty of a real account would be 50-70% of demo account profitability. And if you want to withdraw your money safely we would recommend you to run this EA for a couple of hours a day only, otherwise you'll be blacklisted.

hi Pipseater,

don't unerstand why you told that 'you to run this EA for a couple of hours a day only, otherwise you'll be blacklisted' if you run whit a broker allowing scalping no problem normaly ! if you don't run with broker allowing scalping you'll have the problems only !

can you explain me why you told 'you to run this EA for a couple of hours a day only, otherwise you'll be blacklis'


I use STP ECN brokers like IAMfx. Jadefx and One Corp, they just pass through to their major feed so no interference. I can run your EA 24/5 with no problems.
Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 21:12

aicohn posted:
    Pipseater,

If you can make a version that will only run on a demo account, I'd be glad to do it myself. I think others would as well. But as I say, I regard this two week or so period as a treacherous one & I don't think a demo test of dragon would get representative results now anyway.

Collective has spreads on eurusd as low as 0.5 pips, and I've never seen the spread over 2 pips. Executions are instantaneous as well, without requotes or order refusals. It's the ideal place to test this.

MIGBank has 2 pips fixed, but does not allow 'scalpers' and they never say what that means. But regardless of the definition, I think a scalper is what dragon is.

One Corp uses Deutsche Bank and is STP like Collective only you do not have to pay a large monthly fee like you do with Collective. Call Mike ar One Corp and he will tell tell ya ,he doesn't blacklist
Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 21:15

Pipseater posted:
    
cateful posted:
    
If there was some golden secret EA bot it would be found already by someone smarter than you and me long time ago.

Exactly such things were told to ... (put here any name of any pioneer in any field) ... But someone just has to be a pioneer!
<
/quote>

You tell em pipseater. I believe you but make no mistake I will demo your EA for 3 months before i go live. I always say you never know. Thomas A Edison was kicked out of grade school becasue the teachers thought he was an idiot.
Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 21:23

Pipseater posted:
    Aircohn, CollectiveFX is in our list of brokers-to-check, but we cannot provide a timeline for this.

Please check One Corp as they use Deutsche Bank as their feed like Collective. Collective is run out of a litttle house in Cape Coral Florida and their phone is answered in England. i already checked them out
Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 21:24

Pipseater posted:
    
c3x8e posted:
    Elkart.. why dont you just shut the F** up and and mind you own business if you got nothing to offer. People can make up their own mind.

Bravissimo!!! I knew there is a lot of sober people out here! However no matter what malignant persons say, the only thing what matters is this:

<a href= target='_blank'><img src= /></a>

<a href=https://www.myfxbook.com/files/Pipseater/Statement_25368_-_Pipseater.mht target='_blank'></a>

These links come up error no such page

Membre depuis Dec 19, 2009   posts 31
Dec 25, 2009 at 22:21 (édité Dec 25, 2009 at 22:47)
rfolgate posted:
    
Pipseater posted:
    Aircohn, CollectiveFX is in our list of brokers-to-check, but we cannot provide a timeline for this.

Please check One Corp as they use Deutsche Bank as their feed like Collective. Collective is run out of a litttle house in Cape Coral Florida and their phone is answered in England. i already checked them out

I had an account with OneCorp from their earliest days & have spoken with Michael on many occasions. For that matter,I still have a small (for me) account with them that's dormant. After what seemed an auspicious start, their executions quickly became lousy. All my charts and all my price feeds simply disappeared one morning apparently because the symbols were renamed overnight. When I called Michael he was oblivious to the fact this had happened! The final straw came one day when I signed up to trade microlots with them and my leverage was reduced to 1:1 for a period of days. It took at least a week and a half to get my money wired out of them, with repeated phone calls to Michael. Trading with them is an ongoing risk to your trading capital. In a word, they stink!

With collective, I made in round terms $30K last month, at times scalping with position sizes as large as $2-3 million. The executions were flawless, and my routine wire transfers are in my checking account the same business day. I don't care if they do this from a mud-hut in the middle of Death Valley. I'm willing to share. In forex, as in most other things in life, you get what you pay for.

In truth, however there are 7 principals involved in collectivefx (emails e.g., [email protected]). Some are physically located in the US, and some in Great Brittain. When you become a member & get your 'good to go' message, you'll get a list of numbers to call if you should have a trading emergency. These are confidential. And they are located BOTH US & GB.

Life is too short for lousy executions and for lousy forex brokers.

Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 23:47

Pipseater posted:
    loulou69, brokers may allow scalping, but they will never allow you to bring them down to bancrupcy! Actualy, using our EA we can easily turn $1K to $1M in a few days with a progressive lot, but we will never do this. The fairy tales about 'our profit is the spread only', or whatever else they say, but if they will notice that you are too successful, they will make you a hard life, as Chip4Pips said here, 'they will requote you to death'. They have a lot of other tools serving the same purpose.

Why do I say this? The one having a profitable EA, and this relates not solely to Dragon EA, but to every other EA, shoving outstanding results, should be very careful and limit his profit to reasonable figures. Try to find out what amount is painless to your broker and never exceed it!

Yep you withdraw and always keep a fairly low balance. The brokers are like everybody else they only keep so much cash on hand for withdrawals. You just be reasonable and win in intervals and be cool and you won't have any problems
Membre depuis Dec 25, 2009   posts 36
Dec 25, 2009 at 23:53

aicohn posted:
    
rfolgate posted:
    
Pipseater posted:
    Aircohn, CollectiveFX is in our list of brokers-to-check, but we cannot provide a timeline for this.

Please check One Corp as they use Deutsche Bank as their feed like Collective. Collective is run out of a litttle house in Cape Coral Florida and their phone is answered in England. i already checked them out

I had an account with OneCorp from their earliest days & have spoken with Michael on many occasions. For that matter,I still have a small (for me) account with them that's dormant. After what seemed an auspicious start, their executions quickly became lousy. All my charts and all my price feeds simply disappeared one morning apparently because the symbols were renamed overnight. When I called Michael he was oblivious to the fact this had happened! The final straw came one day when I signed up to trade microlots with them and my leverage was reduced to 1:1 for a period of days. It took at least a week and a half to get my money wired out of them, with repeated phone calls to Michael. Trading with them is an ongoing risk to your trading capital. In a word, they stink!

With collective, I made in round terms $30K last month, at times scalping with position sizes as large as $2-3 million. The executions were flawless, and my routine wire transfers are in my checking account the same business day. I don't care if they do this from a mud-hut in the middle of Death Valley. I'm willing to share. In forex, as in most other things in life, you get what you pay for.

In truth, however there are 7 principals involved in collectivefx (emails e.g., [email protected]). Some are physically located in the US, and some in Great Brittain. When you become a member & get your 'good to go' message, you'll get a list of numbers to call if you should have a trading emergency. These are confidential. And they are located BOTH US & GB.

Life is too short for lousy executions and for lousy forex brokers.



Your right about One Corp and their micro's ,he had a problem in July but the problems are worked out. I don't like paying $250.00 in monthly fees with Collective. I called them one day and an Englishman answered and was very rude and said i would lose all of my money in Forex and to forget about joining Collective as I would lose all of my money with them. This is very unusuall behavior for a group of so called friendly traders combining to get good spreads. very wierd. Maybe the trading is good but they are very arrogant people. At least Micheal is cordial.
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