Page 3 of 4 FirstFirst 1234 LastLast
Results 21 to 30 of 40
  16 16 Attachment(s)    

Thread: Q-diamond Expert

  1. #21
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    does anyone know how to disable that annoying pop up or not, it is so annoying i am not going to test this EA!

  2. #22
    Junior Member
    Join Date
    Feb 2009
    Posts
    2

    Default My backtest for this ea

    I have backtested this ea on USDCHF from 1-1-2006 and the result seems to be very sinilar to thos on the provider site. The interesting thing is that I have tested several other pairs from 1-5-2009 until now and all of them made execlent result. any of you made backtest on other pairs?
    Attached Files Attached Files

  3. #23
    Member
    Join Date
    Jan 2009
    Posts
    261

    Default

    this would mean the system has nothing to do with correlation Euro/Chf/Usd LOL
    regards your "backtests", with Mismatched charts errors 636682 !!!! they are pretty worthless

  4. #24
    Junior Member
    Join Date
    Feb 2009
    Posts
    2

    Default My backtest for this ea

    OK! I have repeated the backtest with fresh downloaded history, still excellent result! See the attachment.
    I have started this morning forward testing the 6 pairs and until now all works ok. 0 losing trades with 14 profit trades. See attached statement.
    Attached Files Attached Files

  5. #25
    Member
    Join Date
    Jan 2009
    Posts
    261

    Default

    With this extremely bad and dangerous TP/SL ratio of the system just some lost trades wipe out your account...
    Good luck!

  6. #26

    Default

    There are a lot of profitable EA like this too. Euroblaster is no different. Lots and lots of good trades, and as long as you have an 8 month winning streak, you'll hit 1 million.

    Essentially what you always have to do with EAs is withdraw your initial investment as soon as the EA doubles your money. Usually with EAs like these ones, this doesn't take long. You never know when EAs like this one with a huge TP/SL ratio are going to hit a snag and wipe out half your account

  7. #27
    Member
    Join Date
    Jan 2009
    Posts
    261

    Default

    thats not trading, its gambling on a slot machine.
    when it comes to trade for a living all these EAs are absolute worthless.

  8. #28

    Default

    I Disagree,
    Trading Without A Trading Plan Is Gambling,
    EA Or Not.
    For Example - I Have A 50 pip x 0.05 Stop Per $1000,
    = 2.5% Risk Per Trade.
    Monitor Your EA, If It Approaches The Stop Level Take The Loss
    & Don't Get Emotional, ie - It'll Turn Around! - No It Won't,
    Rules Are Rules, Take It Out Be Disciplined.
    Then You Can Stop Blaming The EA,
    Be Accountable,
    This Way Your Account Will Be A Lot Better Long Term,
    Believe Me I Have Learn't The Hard Way.

  9. #29
    Member
    Join Date
    Jan 2009
    Posts
    261

    Default

    you don't get the point..

    i was referring to all these dangerous ratio (TP/SL) EAs. They use a ridiculous bad risk reward ratio. OK, that's a trading plan too... maybe for desperate housewives searching a part time job LOL, but an absolute NO GO for an account manager

    I m talking about making money for a living, trading on account minimum 50K traded by own EA....not by these commercial crap.

    BTW i m full time trader since 2003 and i ve learnt the hard way too.. we all do

  10. #30

    Default

    Ok, I've got backtest results working now on Alpari.
    For the risks that this bot takes, the profit simply doesn't come in fast enough.

    If you're going to have an EA with a huge TP/SL discrepancy like this, then it should double your initial investment in a month. That period is long enough to risk on an EA assuming that the EA will not wipe out during that month (which it very well might). This EA took something like 4 months to double it, before blowing up and wiping bits of it out. Sure, it went on to make some decent coin over a few years, but the inital risk of starting the bot up is too big for me.

    At least Euroblaster can double $1000 in a month, so I've pulled my money out within a short time frame to avoid risking the eventual blow-up.
    Last edited by Neo-Rio; 06-12-2009 at 05:17.

Similar Threads

  1. EA BankingFX Diamond EUR-GBP
    By edatw in forum Commercial expert advisors
    Replies: 9
    Last Post: 04-19-2013, 00:14
  2. The BEST Expert Advisor on the market, WallStreet Expert Advisor
    By Jacob Godly in forum Commercial expert advisors
    Replies: 0
    Last Post: 03-21-2013, 13:05
  3. Enable/Disable Expert advisor Button By Expert advsior
    By Trint in forum Ideas for expert advisors
    Replies: 1
    Last Post: 10-18-2010, 10:41

Tags for this Thread

100, alpari, atm, backtest, backtesting, broker, change, correlation, demo, eas, expert, forex, forex system, free, high, how to, investment, learn, live, long term, low, main, manual, martingale, mq4, offer, profit, profitable, request, security, simple, stop, support, system, test, thank you, time, tool, trader, trading, usd

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •