Robot submission discussion - Page 2 - Pip Cop

jsp · 2009-03-10, 01:41 PM

I was going to suggest

http://automaticforexcrusher.com

but they claim it has temporarily "sold out." I'm quite sure they'll sell it again, else they wouldn't keep their website running. Maybe they'd still let you demo it?

The website is typically overhyped, but one thing interested me--the EA supposedly uses Tom Demark's indicators. I'm not sure how good Demark's stuff is, but from reading his books (not easy reading, BTW), they appear to have a lot of thought behind them.

jsp · 2009-03-10, 04:14 PM

Quote:

Originally Posted by pavement

I'm not sure regarding forex-rising.

Please have a look at piptronic. there was one version called piptronicx and this one seems to be the same like forex-rising (scalper, only buy on EUR/GBP).

I'm confused about this. This seems to be a lot of marketing...

There is one guy from new forex systems, please visit his site also...

I wouldn't mind seeing Forex-Rising tested for curiosity's sake.

However, I agree about new-forex-software and "Logan Daily" who promote this. He pushed Pipzu hard. From what I've heard, Pipzu manipulated its backtests to get better results and hasn't been impressive in real-time. Piptronic is yet another Asian hour "scalping" system for EURGBP. It doesn't do as well as FAPTurbo and you need 2-3 pip spreads and no broker

manipulation (good luck) just to break even with it. Piptronic seems nice when you win 10 or 12 trades in a row (1 to 4 pips), but the occasional 50 pip stop-out wipes out all winnings and then some.

In addition, trying to get a refund for Piptronic is about as fun and easy as having your teeth pulled. I emailed "Logan" on several occasions (including once for a bonus I was supposed to get) and he never answered. I suspect Logan/Piptronic/Pipzu and the "reviews" at the NFS site (all positive for their systems) may be the work of the same person...

sergiel · 2009-03-11, 05:20 PM

Quote:

Originally Posted by sergiel

Thanks damodhar

Been running Top Profit Demo for just over 24 hrs now and hasn't made a trade yet. This isn't necessarily a bad thing obviously, but just curious for those of you who have been using it for a while how often does it trade typically?

Thanks

72 hours and still no trades. Its good that the EA keeps you out of bad trades but pretty hard to be profitable if its not trading at all.

sergiel · 2009-03-11, 06:08 PM

Quote:

Originally Posted by Batchboy

hi Pipcop,
Have you tried this one yet? Seems real level-headed statistical method and ................ it's freeeeeeeeee: Maybe 44% annual gain is a bit low, buuuut, compared to so many bloviating EAs not making it all all, that's infinity % better eh?

http://www.earnforex.com/metatrader_...acd_sample.php
jb

Interesting, just curious it says on the site that the average losing position was 196 pips, how is this possible with a 60 pip trailing stop? Are users supposed to set an initial stop manually first?

Thanks

**Batchboy** · 2009-03-11, 06:29 PM

SL

= 60, .3 lots, so 3X the SLs I believe?
jb

sergiel · 2009-03-11, 06:47 PM

Quote:

Originally Posted by Batchboy

SL = 60, .3 lots, so 3X the SLs I believe?
jb

Thanks for the reply, but Im not so sure.... lot size doesn't really have anything to do with pips, and 3 X 60 = 180.

Im just wondering if a straight up 60 pip Trailing Stop would leave enough breathing room for the EA to do its thing.

Thanks again Batchboy

**Batchboy** · 2009-03-11, 08:15 PM

Quote:

Originally Posted by sergiel

Thanks for the reply, but Im not so sure.... lot size doesn't really have anything to do with pips, and 3 X 60 = 180.

Im just wondering if a straight up 60 pip Trailing Stop would leave enough breathing room for the EA to do its thing.

Thanks again Batchboy

I've seen it where the supplier talks like that. I believe this is what he means, but I could be wrong. This couild be rare enough to be worth it, must be or his back-tests wouldn't show 44% gain per year.
Oh well, up to you if you want to try it, just saw it from search-engine search, isn't it amazing all the stuff we find on SEs, never stops eh?

Now if we only could find something close to truly fantastic!

jb

**Batchboy** · 2009-03-11, 08:26 PM

Dear pipcop,
Excuse me for my dummyness, but I always get confused as to the "submission" and the "discussion" and the "suggestion" for new to try EAs, I always look to above link and only one I see always is "submit EA", not being sure that is correct I go there and sure enough it says in blue atop things about SUGGESTION in that thread!!!

Soo, either I got to get some serious edification on this or there should be definition and clarity on links; I hate bothering you like others who put suggestion in submission box, or submissions in suggestion box, but I feel like I see it often and it should be clarified so we don't hassle you often. Perhaps duiscussions are in suggestion box/thread and submissions are in a separate thread? We need this real clear or I feel you'll get this hassle all the time (IMO?).
How about a thread link for "suggestion/discussions" clearly labeled atop and another link for "submit EAs"?
Or I have it all wrong, if so please clarify and sorry for my confusions in meantime.

jb

**PipCop** · 2009-03-11, 09:57 PM

It's easy. In the "Submit robot" thread, just read the first post on the first page and follow the directions. Basically, if you are not EXPLICITLY following the directions to submit a robot, and are talking about anything OTHER than "Here's ABC robot" then all comments go in this thread (where I have moved your comments to).

Thanks!

damodhar · 2009-03-11, 10:18 PM

Quote:

Originally Posted by sergiel

72 hours and still no trades. Its good that the EA keeps you out of bad trades but pretty hard to be profitable if its not trading at all.

hmm...same with me besides the 5 trades on the first day.but I have other ea's that stay idle this days so maybe is indeed the shitty period or something

well it costs nothing to keep it there for a while lnger.
D.