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Thread: "Drain the banks" scalping method by TRO

  1. #11
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    Quote Originally Posted by thesecret25 View Post
    It seems that this is retrace scalper. I looked at m15 chart. What it does is placing pending orders 2 pip below(for buy) and above(for sell) current candle and keeping it until they are triggered. Funyoo can u check and confirm...?

    Hi there,

    This would appear to be the next best thing to owing your own mint and printing your own money. Of course, "its too good to be true" comes to mind.

    I have had it running for a little over 24 hours and have posted the report for all to see. The SL sits at 29 pips and the TP is 5. The pending orders fluctuate between 2 and 5 pips from each other. Most brokers would have a min TP of 5 plus the spread. At this moment, for example, a demo I have on Interbank indicates a 5 pip spread for that pair. So, this puppy would have to be 10 pips in the money. And, there is the obvious risk of being labeled as a scalper with all the associated limitations, etc. Still, I would share your views and would like to see this one disected by anyone who is capable of doing so.

    Regards,

    G.F.
    Attached Images Attached Images "Drain the banks" scalping method by TRO-detailedstatement-gif 

  2. #12

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    How do u mean U got it running, do u own it? Anyway, a broker with low spread is needed for sure.

  3. #13
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    i would love to dissect it and have a close look at it. I actually know tro system pretty well, and i am very curious to look at this ea, because it looks a lot like d.t.b system. Do you know if it has been compiled by v220 version or v223?


    if you feel so, send me the uncompiled ver at jackdan35 at gmail.com


    regds


    jackdan

  4. #14
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    Quote Originally Posted by thesecret25 View Post
    How do u mean U got it running, do u own it? Anyway, a broker with low spread is needed for sure.

    Hi

    What I meant by "I have it running" is that I downloaded the platform you posted and have had it running since then (see below). There is no way to see anything regarding the EA since any parameters/code, etc. is not visible. My guess is that it is based on the system you referenced and that someone might be able to create a new EA that would closely follow those indicators. I would do it and post if I knew how. Anyway, since I posted the report above, it is now at $13,000+

    (MT4 - http://www.sigmaforex.com/downloads/sf4setup.exe

    Login : 5045314
    Password: llc8fqy
    Server : SigmaForex-Demo)


    If anyone else has input and/or info based on the actual EA that they feel they can share, please do.

    Regards,

    GF

  5. #15

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    BUYZONE ring a bell? just opposite buy/sell rules....hmmmm

  6. #16
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    Quote Originally Posted by thesecret25 View Post
    BUYZONE ring a bell? just opposite buy/sell rules....hmmmm

    Sure does! I thought about that one too. By the way, the EA is now up to $18,500

    I can imagine the look on your broker's face if you showed him a statement like that.

    GF

  7. #17

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    Why are all of the start and close times the same in the statement above?? :-|

  8. #18
    Junior Member BlackWolf's Avatar
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    Default Wow!

    Now I see why all of the other broker ad-financed forums keep booting TRO off their sites! DTB or BuyZone, no matter. What ever this is, it certainly is a major threat to them if it holds up to be true.

    Like you, thesecret25, I have always dreamed of owning a D.T.B. EA. Count me in for testing! Interesting little method of your own you got there too

  9. #19
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    Quote Originally Posted by bnbb2004 View Post
    Why are all of the start and close times the same in the statement above?? :-|
    Good question. I had not noticed that until you pointed it out. There is not much that one can see besides what is visible on the test chart. All EA info is greyed out.

    I recorded a portion of the EA in action earlier today and have posted a link to it for all to see. As of this post, it is now up to $50K and trading 4+ lots.

    Maybe someone can code something similar for us to have some fun with(?).

    Here is the video: CLICK HERE TO WATCH THE VIDEO

    GF
    Last edited by Goingforward; 05-16-2009 at 04:18.

  10. #20

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    I am sure if someone would post entry and exit rules for this system
    then I would think Funyoo would try to do it. Just asking anyone to say look at this and can an ea be coded from it will never work. At least you can do some work and give Funyoo or another coder entry and exit rules to look at. Also, All anyone has to do to see that demo account would never work on a live account is just get an account copier ea (use google search and you will find one) and try to copy
    it on your live account. Then you will see it will never work on a live account.

    Regards,
    Jeff
    Last edited by AZJeff; 05-14-2009 at 13:57.

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