Forex-ai.com - Pip Cop

**Batchboy** · 2009-03-03, 07:53 PM

RE: Forex-ai.com I couldn't resist their $99 intro price ($200 discount), particularly since I never seen 4 months demo running windows on 3 brokers for an EA site before!

I looked over rules here...... too bad, no referral link from me!

LOL
This is quite an advanced EA that one optimizes (but don't take long) and internally uses Neural-nets with added symbol to help the NN's train. My optimization with GOLD (fxpro metal selection) yields an amazing 10X of an account in 5 months. I've only been running it couple of days live-demo on fxpro, and it already is up from $500 to $630. So it holds so much promise that I'm planning on plunking down $500 asap at fxpro. In the 2 years been looking at EA's out there, this is by far bar-none best & most honest I seen!
I plan to put my publishing link here when I can squeeze the $500, so I open this thread in anticipation.
Thx, jb

**PipCop** · 2009-03-03, 08:31 PM

Be sure to link this journal to your profile!

**Batchboy** · 2009-03-03, 10:47 PM

Quote:

Originally Posted by PipCop

Be sure to link this journal to your profile!

Thanks pipcop, but as much as I'm happy to pursue such, I think unless things on any EA has gone past enough months to be proud "is it worthy of attaching my name to it?", that's why previous invitation to do that hadn't happened. I will eventually put as profile when either or both Invisible_fx_Landscaper and this forex-ai are months proven, thanks for the note. I'm sure many of us will be happy to follow progress whence I put publishment here.
jb

david.jukl · 2009-03-04, 03:14 PM

Forex-ai looks well! I haven´t seen many forward tests on sellers sites. However we don´t know if the trades were realised by EA or manually

If their statements are true, it looks really interesting!

**Batchboy** · 2009-03-04, 09:25 PM

Quote:

Originally Posted by david.jukl

Forex-ai looks well! I haven´t seen many forward tests on sellers sites. However we don´t know if the trades were realised by EA or manually

If their statements are true, it looks really interesting!

There are 3 different broker

forward demo runnings for 4 months on forex-ai site. When was last time you seen that, I'd like to know?
Gary of that site seems honest to me, especially since after 2 days running demo on fxpro it is in its 4th straight winning trade w/o losers yet.
So it seems so far dual neural-network optimization with aided precious metal is the ticket.
jb

**rsmereka** · 2009-03-05, 02:53 PM

Quote:

My optimization with GOLD (fxpro metal selection)

I am using Alpari with no Gold or Crude. I am using the correlation between EURUSD and AUDUSD as suggested in the manual.

Can you think of any other currency

that is tightly correlated or reciprocal.

BTW, I did the Excel test on EURUSD and AUDUSD and I got a 86.85% correlation. You think that is good enough.

Rick

**Batchboy** · 2009-03-05, 03:31 PM

Quote:

Originally Posted by rsmereka

I am using Alpari with no Gold or Crude. I am using the correlation between EURUSD and AUDUSD as suggested in the manual.

Can you think of any other currency

that is tightly correlated or reciprocal.

BTW, I did the Excel test on EURUSD and AUDUSD and I got a 86.85% correlation. You think that is good enough.

Rick

hi Rick,
UK or US Alpari?
What is your 5 or 6 months back-test after optiomization show? I got only $17K off 10K initial for AUDUSD on IBFX, albeit dd was good at only 9%.
Correct me if I'm wrong but does not the manual say we should look for some non-correlating second instrument? Not sure exactly how he worded it, but something along that line?
Gary of the site, when asked by email, will tell you that GOLD does best, even though manual shows this AUDUSD and it being default. My back-test with gold on fxpro got 10X an account ($500 > $5,400) in 5 months and only dd=15.5%, money-management for compounding OFF!

In the few days running live-demo it's doing phenomenal
best,
jb

**rsmereka** · 2009-03-05, 04:02 PM

Quote:

UK or US Alpari?

UK Alpari. They have a birthday credit plan at 10% of any opened account until tomorrow.

Quote:

I got only $17K off 10K

I can top that, I only got a measly 5,700 for six months on 10K.

I appears that one really needs the gold numbers in order for this EA to perform well (at least in backtests). That really peeves me. There is no mention of this requirement in his adverts.

Rick

**Batchboy** · 2009-03-05, 06:50 PM

Quote:

Originally Posted by rsmereka

UK Alpari. They have a birthday credit plan at 10% of any opened account until tomorrow.
I can top that, I only got a measly 5,700 for six months on 10K.

I did a typo, meant it came to 5144. Usually I find if much larger the dd's go larger too.

Quote:

Originally Posted by rsmereka

It appears that one really needs the gold numbers in order for this EA to perform well (at least in backtests). That really peeves me. There is no mention of this requirement in his adverts.

Rick

I'm thankful there is a second instrument that aids the prediction so well, why are you peeved? Maybe because it limits the breoker places we can go? Well, yea, little bit a bummer. But it seems fxpro sure responds faster on any front than IBFX so far to me.
jb

**rsmereka** · 2009-03-06, 09:09 AM

I forgot to mention that in when I optimized for lowest drawdown

, the profit was only 3K in six months on 10K. I had to changed the optimization method to largest profit which identified between 5-6K. The drawdown

in the backtest was low at about 7%.

Since yesterday, the EA has had two major losses for 90 pips each but the EURUSD just spiked upwards and the EA was selling. I think it is/was a news spike.

My demo of EvolutionX is doing much better with the same currency

even though the drawdown

with this EA is much greater (currently 14.82%).

Rick