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Thread: Ilan16_PipStepRSI

  1. #11

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    Quote Originally Posted by wannaberich View Post
    well that maybe so, however when it comes to martingale systems it does not take much for a profit to turn into a huge loss if you are not carful
    For sure. Martingale's turn trading into gambling. Pretty much every backtest I've seen with a martingale has told me that they suck and should NEVER be used on a live account.

    Running with a martingale is like getting married to a beautiful woman. Everything is great for a while, but as soon as she gets upset too many times in a row (and this can happen after months or years), she breaks up with you and takes all your money!

    In demoing, I figure as long as you can guarantee that the EA will win more than it loses, does a martingale become a viable. Having said that, nobody can guarantee anything, and any EA can have a horror month, at any time.

    I feel a little more comfortable about it by at least having some equity management going (so a failing martingale can't blow up the account), and optimizing the bot on a particular pair, on a particular timeframe, for over ten years -- despite how much the optimizing kills my computer for a few days.

    In any case, one only need read the disclaimers for forex trading
    Last edited by Neo-Rio; 05-19-2009 at 03:40.

  2. #12

    Default

    Here a statement from this EA

    Regards
    Attached Images Attached Images Ilan16_PipStepRSI-ilan16-pipsteprsi-h1-fxdd-ootb-gif Ilan16_PipStepRSI-ilan16-pipsteprsi-h1-insta-ootb-gif 
    Attached Files Attached Files

  3. #13
    Junior Member
    Join Date
    Jul 2009
    Posts
    11

    Default i like this ea

    Ilan16_28-30/07/2009
    set 5M
    Attached Files Attached Files

  4. #14
    Junior Member
    Join Date
    Jul 2009
    Posts
    11

    Default Tester Ilan16 for 2009

    very good

    tester for CHF/JPY year 2009 start 10000 cent


    Ilan16_PipStepRSI-ilan16_cj_2009_5m-gif
    Attachment 11780

  5. #15
    Member
    Join Date
    Jan 2009
    Posts
    261

    Default

    Quote Originally Posted by natthavisa View Post
    very good

    tester for CHF/JPY year 2009 start 10000 cent


    Ilan16_PipStepRSI-ilan16_cj_2009_5m-gif
    Attachment 11780
    why only long positions?

  6. #16

    Default

    hello,
    is there someone who use it real account...

  7. #17
    Junior Member
    Join Date
    Jul 2009
    Posts
    11

    Default IlanPipstepRsi for real account

    I run with CHF/JPY at real account this week .

    it Good.



    report from real account Statement.htm

    report from Backtest Attachment 12881

    backtest Ilan16_PipStepRSI-tester-ilad16_50ma_cj_2009-gif


    Natthavisa
    msn : pjhumpa6@hotmail.com

  8. #18

    Default

    Quote Originally Posted by natthavisa View Post
    I run with CHF/JPY at real account this week .

    it Good.



    report from real account Statement.htm

    report from Backtest Attachment 12881

    backtest Ilan16_PipStepRSI-tester-ilad16_50ma_cj_2009-gif


    Natthavisa
    msn : pjhumpa6@hotmail.com
    Would you mind please sharing your version.

    The report states this is a modified Ilan16_PipStep?

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