check this EA out peeps… I purchased this software licence from the forex police and given all that ive read in this forum you want to check this out. it shows over 19,000 pips on a strategy tester with a max drawdown of 2,000 pips!
a few things you should know… It runs on meta trader 4 through IBFX. load a daily line chart GBPJPY (it only runs on this currency paring).
i have tried many ea’s and found that most are sh*t. i’ll let you make up your mind on this one.
Just taking a guess yes it does. I would imagine it’s coded in a way that it uses the IBFX suffix on the GBP/JPY pair so it doesn’t work on other brokers. It’s an ex4 file so I can’t decompile it and check it out.
It is set to use only IBFX
Here is the source code. You will have to change the extension to .mq4 and then change the IBFX part and then compile it if you want it to work with a different broker.
I just noticed besides the broker restriction, looks like it expires 4/3/2010 look near the top and you’ll see that date and a time. Change it to the year 2013… According to the History chanel and Nostradamus and the Aztecs we should all be dead by then. How come they knew so much? lol
i tried to run back test but i don’t get the 19000pips as claimed (i’m not sure if i did the right way to back test)… below is by back test on each yr since 2004
ops you are right, i don’t actually remember i did the previous back test…
probably something is not right on my settings… will try again and post later…
I asked the forex police this very question 5ive5… they told me that due to strict regulations enforced on them they could only allow the EA to perform a strategy test from 2007 because it was all that they could provide proof for live testing. apparantly regulated EA companies must provide evidence of real live results. strategy testing is not valued.
the performance is not too bad… it closed from a buy position this morning with 94 pips profit and is now in a sell at 142.03 - fingers crossed (keep you posted). I am considering going for their virtual hosting option… my pc is red hot! :eek: :eek: :eek: could fry an egg on it mmm.
oh… i didn’t know that… i remembered i came across lots of EA ad were advertising on demo acc…
the performance is not too bad… it closed from a buy position this morning with 94 pips profit and is now in a sell at 142.03 - fingers crossed (keep you posted). I am considering going for their virtual hosting option… my pc is red hot! :eek: :eek: :eek: could fry an egg on it mmm.
laters!
Jay
i have another EA but this is def much better in term of demo testing. well, i still don’t have a pc to test it… will try to get one soon…
fry egg? one sunny side plz…