meanreversion
Senior member
- Messages
- 3,398
- Likes
- 538
Sorry but why the hell does it matter what Tom, Dick and Harry do?? Each person needs to work out what they can use. 10% of statistics are meaningul, the other 95% are made up.
u can actually see some of his research papers on an old version of his website...yeh i can't see him hammering away on mt4 at $1 a point
Right, apparently investment bankers are using systems like this on MT4. This should have been a warning sign right at the start he was a BSerThis is your opportunity to experience trading at investment bank .
Oh right, so investment bankers use unprofitable trading strategies to make their money! I don't really see the point in posting unprofitable systems, no knowledge to be gained apart from what to avoid!The version in this threadl are entertainment versions ,and are not expected to make money.I use the professional versions which I do not discuss on forums.
Originally Posted by everyonerich View Post
how come youre not sharing ea that are running on live accounts? can u pls share or are you trolling again..?
-------------
ODT:
I have just shared some of my EAS.If I give out my edge over the rest , I will be unable to use the EAS for myself, because I will be paying 1 extra bar for my own trades.There the edge is gone.
Sorry??? Which one is it. Will the system become a self fulfilling prophecy or will it be a fight of latency?If 10,000 traders were to start using the same expert advisor on oil , trading 10 lots at the same time, you would get , 100,000 lots bid or sold at the same time.The system would start failing or become very successful.
Oh right, so what's that? 1 1/2 years without sleeping? Hang on, you spent $200,000?This thread was not about sharing private property .It took me 10,000 hours and a cost of $200,000 , to develop these EAS.
Wait a minute there chap, you spent $200,000 - why not trade that $100 per point you were on about?The thread was to share some EAS for new traders to help in the experience of automated trading..
If ever I decide to sell EAS , I would contact the admin and sales of this forum to talk serious business.
We do not need to sell EAS , because at $100 per point * 50 points per day,they make $1,250,000 per annum.
O D T
Glad we cleared that one up, so they won't become a self fulfilled prophecy they'll just fail hugely if he was to post them.If the EAS in this thread were profitable, they would cease to remain profitable because 100 k lots bids/offers simultaneously would kill the edge.
Wait, you spent $200,000 on systems, and could be trading $100 a point - but infact you only have $10,000? What's the point in spending 95% of your capital on system creation?!We as small traders have to trade within our account sizes and make money.Our job is to trade with $10,000 , if that is all we have in our accounts.Our job is to follow trends, trends are confirmed in breakout zones .
Oh right, so that's why you have over 50 systems. To send out emails to C2 and Zulutrade. Now I understand why you have that vendor badge and didn't tell us why.I know everybody wants to make real money.
Here is an opportunity to sell signals based on this free system.When signals are generated ,send them out to signal buyers and earn real money.
Go to options and use the email function
What about that $100 ODT? Thought you were making millions!Here is an update on automated currency programs. The programs went on live account on 21 st December 2009 with £ 6,500 and have produced £1532.51 profit in 3 months. The automated programs were trading $1 per pip with real money.
Wait a minute, I thought you said the bigger the size the more the system fails?My automated programs can make around $20 m a year in risk free income for a $300m currency fund .Bill Lipshultz A currency fund manager makes about $15 m a year in risk free income from fund management fees. Over 10 years they can generate $200 m in risk free income.This is why we must keep these programs a secret.
Again, why? It'd be more worthwhile to point someone to a pdf in MQL than posting a non-profitable system.The demo version is entertainment version and learning/experiencing automated trading.It wasn't meant to be a profitable system .
I thought you said previously that only amateurs don't include slippage?Spread is included , commisision does not apply and knock 1 pip off for slippage , still left with a handsome 6 pips per trade
This is easily overcome.I don't back test after 2008, due to lack of data and most brokers switching to 5 digits,but use forward tests and live accounts for testing and trading.
You can't be serious?Can get old data on the net ,but very little data after 2009.I suspect the bucket shops got worried about lawsuits on their fills ,stop hunting and spread widening.
Fundamentals are difficult to program at best but you absolutely have to understand WHY price does what it does for each specific market in order to create an automated program.
Perfect example is the troublesome 4 digit/5 digit problem you were having trying to back test. There is an easy, few lines of code, solution to that. But you have a very poor explanation of why you were having trouble at all.
Another example, you show 30% drawdown, which in itself isn't extreme, but at the rate and size your program wins it takes forever to recover. Even someone using an autopilot program will shut it off after a very long drawdown period even if the drawdown is small. All good manual traders can recover from drawdowns within very reasonable time.
?
Peter
Well, just read this thread from the start and wanted to point a few things out. ODT was trying to show/teach people some of his systems (all of which are apparently posted to be unprofitable - don't really see the point in that).
However along the way he has shown a lot of contradicting posts. Personally I think this is just the mods messing around .
Right, apparently investment bankers are using systems like this on MT4. This should have been a warning sign right at the start he was a BSer
Oh right, so investment bankers use unprofitable trading strategies to make their money! I don't really see the point in posting unprofitable systems, no knowledge to be gained apart from what to avoid!
Sorry??? Which one is it. Will the system become a self fulfilling prophecy or will it be a fight of latency?
Oh right, so what's that? 1 1/2 years without sleeping? Hang on, you spent $200,000?
Wait a minute there chap, you spent $200,000 - why not trade that $100 per point you were on about?
Glad we cleared that one up, so they won't become a self fulfilled prophecy they'll just fail hugely if he was to post them.
Wait, you spent $200,000 on systems, and could be trading $100 a point - but infact you only have $10,000? What's the point in spending 95% of your capital on system creation?!
Oh right, so that's why you have over 50 systems. To send out emails to C2 and Zulutrade. Now I understand why you have that vendor badge and didn't tell us why.
What about that $100 ODT? Thought you were making millions!
Wait a minute, I thought you said the bigger the size the more the system fails?
Again, why? It'd be more worthwhile to point someone to a pdf in MQL than posting a non-profitable system.
I thought you said previously that only amateurs don't include slippage?
This is easily overcome.
You can't be serious?
-------------------
Just a few from the start of this thread, some other threads and the posts created today are crackers. Especially the comment about being more sophiscated IB's. Also the post about each EA costing $500 to make - (200000/500 = 400 EA's to send out false signals ).
Anyways, ODT I hope you recover from your massive 95% drawdown from trading capital due to investing in system creation. Also, good luck on getting past your pocket money phase. I hope you and your "team" bring some more entertainment to trade2win.
Phil.
RespondEnts.. sh*t, I knew that was mis-spelt the instant I sent it.... gazounds
Yeah his name is Andrew F.......
Why aren't you using Chrome, you're living in the stone age.
t. Common sense and logic would suggest that using mt4 to program a system using stochastics and god knows what else is really picking up anything beyond random signals.
.
What is he , some photshop trader?A complete photshop fraud.Last week it was another platform.
What is he , some photshop trader?A complete photshop fraud.Last week it was another platform.
different platform?
yes it is a different platform. thats the futures client centre for tradestatiom, rjobrien.
and its pretty obvious you never went to high school.