Owner: Automated Forex Review URL:http://duyduyfx.blogspot.com/ Join Date: Thu, 10 Apr 2008 06:35:29 -0500 Rating:0 Site Description: Finding Best Expert Advisor in Forex and Expert Advisor review Site statistics:Click here
Shark EA 2008-04-09 09:39:00 Bought this EA on Feb 08, and I go live since March 08.The owner Mr.Alex said it use 12 indicators to filter the signal.From my experience on my live account,Shark
EA sometimes can trade 7 times in a day.Sometimes it doesn't trade at all for 3 days.Why I use it?* It's not a martingale EA.* It has 85% winning ratio.* The live statement provided by the owner give 500% return last year.U can visit the site "Shark EA"This is my live statement graphic.U can download my live statement dated 5 April 08 in hereI update it every week.
Pallada EA 2008-04-08 09:55:00 Pallada is semi automatic EA.It gives signal that will alert you to enter the trade manually,After open trade, then the EA will do the rest.Pallada bank more than 1000 pips every month since September 2007 on EUR/USD pair. U can see the live statement in their site. "Pallada EA"Actually I want to use it on my live account, but I'm too busy with my work in office, so I can't wait for the signal provided by Pallada.Because of my work, I prefer fully automatic EA,But I think Pallada EA is suitable for person who is full time trader in forex.Here is the result provided by the owner in live account.Des'07-Jan'08Feb'08I got email form the owner said that they want to release Pallada 3.0Maybe about this month. Can't wait the release.
Steinitz EA 2008-04-08 08:51:00 Steinitz HAS MTF EA.I bought this EA while under contruction in Forex Tsd Forum.And now it seems Version 3.16 is the last.It has many feature. It makes me confuse the 1st time use it.But Steinitz give great support to answer your question.It give good result because Steinitz EA can automaticly switch if market condition change from ranging to trending and visa versa.I test it for one month only in january 2008 on demo, but I don't use it live.Because of the High Drawdown which the EA produce.So be carefull in using it, Money Management in Forex Trading is the key in using this EA.U can find the EA in "Steiniz HAS MTF EA"This is my last Forward Test graphics from 23 December 2007 until 16 January 2008But don't to excited until u see the detail statement in here. Look at the Floating Loss!
No title 2008-04-08 06:14:00 Winning Solution System is one of successful breakout system in Forex Trading. Winning Solution System have live chatroom, so everyone can discuss about Wining Soluton System live. And WSS forum is good place to find informative news.Winning Solution System work best on GU Pair.It has live statement result since August 2006 and bank 7,036 pips until now 8 April 2008.I join WSS since Sept 2007, and going live since Oct 2007But that's unlucky for me cause Oct 2007 is the 1st month that give high loss.So I stop the live account. That's called "Not Discipline" because in the following month WSS take profit again.U can check the live result on their site "WSS"In order to get the same result like in WSS site, u have to use their WSS EA.Cause manual trading can get different result.In order to us
Why using VPS? 2008-04-07 23:08:00 There is disadvantage using Expert Advisor (EA)If the power of your pc is off or internet connection disconnected, your Expert Advisor won't trade.So if u have floating position, u''ll pray for the power is on or internet connection back to normal,Expert Advisor can't close position while power is off, except u code the Expert Advisor to use TP and SL as they are recorded in broker server. Don't forget about SL hunting by broker if u use this.So I use VPS to overcome unstability of internet connection.VPS is cheaper than dedicated Server and make sure the VPS u choosed is for trading forex. Right now, I use CNS for the VPS. Its for Trader only and have maintenance when forex market is over in the weekend.So far I'm using it for 3 month, without having a single problem. Read more:Why using
Why using EA? 2008-04-07 00:03:00 When u have a system that profitable in forex,U will trade forex by that system manually.But U have to stand by 24/5 day in front of the PC for trading.Maybe U will missed it while u sleeping or take a shower.Rather than that u can code your system become Expert Advisor.The Expert Advisor will do 100% just like your system did (if u coding it right) and u won't missed it while u sleeping.So if your system failed or loss, than your Expert Advisor will loss too.That's what I called it Automated Forex.They are tons of Expert Advisor such as Scalping EA, Trend Ea, Ea for ranging pair, etc...U must choose the right EA for the right market condition, if u r using Trend EA on ranging market, Of course u will lose!So don't take Expert Advisor as holy grail. How good is your system is gonna loss Read more:Why using
Why Forex? 2008-04-05 22:43:00 * Forex
is the world’s largest market.* Forex markets trade 24/5 a day.* The forex market is the most liquid in the world.* Forex offers up to 1:500 leverage* We can automated our system using Expert Advisor (EA) on Meta Trading platform
Forex Auto Pilot 2008-04-10 11:51:00 Forex Auto Pilot
. Is it a scam?Many trader said it's a scam by the look of the website.Maybe because of the 75% off coupon.One think for sure, it's not a scam website.You'll get the EA after the payment. That one think for sure.Here is the site "Forex Auto Pilot EA"Ok let's talk about the EA.Forex Auto Pilot give a recommended set files traded on EUR/USD on 1 minute timeframe.The set files has 20 pips Target Profit but NO STOP LOSS!Be carefull guys of the high DD.If the price on tranding and u don't have enough margin, than u'll be death meat.I don't have time to forward test it.But My friend "Bossxero" forward test it using FXOPEN broker.He is using the recommend m1 set files on EUR/USD.But he add 100 pips Stop Loss.Here is the Graphics until 10 April 2008As U can see there is Big drop in Read more:Forex
Shark EA 2008-04-11 21:49:00 This is my live statement update using "Shark
EA" in Forex Trading.It give good result this week. My Balance is incresing.This is my live statement graphic dated 12 April 2008To download the detailed statement dated 12 April 2008 click here
Pipsland EA 2008-04-15 00:11:00 Actually I want to make review of the EA 1st, but I forget.Maybe some of u ever heard of Pipsland EA in forex tsd forum.Yes. I got Private Message on forex tsd forum about this EA on 25 March 2008.It's quite surprice that I get spam in my inbox.Here it said "PipsLand is a groups of Experience Forex Trader who developing a strategy to make an Expert Advisor. we offer for all visitor about Manage Account with our Expert Advisor. Why we choose trade using expert advisor? because an Expert Advisor (Automated Trading) have no emotion and can solve the human error when we trade self"When I visit the site "Pipsland EA" I see the forward testing account which is quite impressive.Their system is martingle and use pair GBP/USD and USD/JPY with 1st lot is 0.3 lot and balance minimal is $10.000.What I
Shark EA 4.0 ULTIMATE 2008-04-16 22:03:00 I just recieve email about the new "Shark
EA 4.0 ULTIMATE"Here is the email :With this Email we provide you with the new system version from the automatic trading system EA SHARK 4.0 ULTIMATE.NEW:* Improved money management – the system supports now EUR, USD and JPY based accounts.* Improved trade logic – we improved the logic for trending and ranging market conditions.* Fraction lots – when accepted by the broker, the system can increase the lot size in 0.01 lot steps* Automatic update – whenever a new system version is available, the system will alert you to make sure that you are always up do date.* SL TP Pending mode – the system can be now used with MT4 broker who don’t accepts marker order what includes TP and SL order.* Faster order module – we improved the order modul
Forex Auto Pilot EA 2008-04-18 21:45:00 I use Forex
Autopilot EA on FXOPEN / TALKGOLD Forex Cup contest, along with Shark EA.I use the recommended set file on 1 minute timeframe in ForexAutopilot EA.On 18 April 2008 ForexAutopilot EA open buy order on EUR/USD pair.As you all know, EUR/USD down to earth about 200 pips.And my account got Margin Call, because the recommended set files have no Stop Loss.So Be carefull in using it live, unless u have good money management to use ForexAutopilot EA.And here is the graphic statement using 100 pips SL tested on FXOPEN dated 19 April 2008. Read more:Pilot
Shark EA 4.0 Ultimate 2008-04-18 21:18:00 This is my updated live statement using "Shark
EA" in Forex Trading.This week result is not good. My Balance is decreasing.March result +309 pipsApril result until today -48 pips, let's wait for next week result.I don't know if there is differences using Shark 4.0 and Shark 3.0I changed to Shark 4.0 on 17 April and have 3 win and 3 loss since using Shark 4.0That's not good. and if u visit the official "Shark EA Webiste". They haven't update the website. I don't know why.Is there someone still using Shark 3.0 and have different result?I'm using FXDD broker.This is my live statement graphic dated 19 April 2008U can download the detailed statement dated 19 April 2008 Read more:Ultimate
Pallada 3.0 EA 2008-04-25 21:17:00 I got this email on 25 April 2008 GMT +7. It's on Friday US market session about the new Pallada 3.0 EA.Here is the email :Hello,KerryNew version of Pallada is available and You are first to evaluate it. We would appreciate any testimonials from YouChanges in new version -1) indicator PalladaBars is added (colors bars)2) PalladaEntry for 3.0 version- combined MTF CI , MTF WPRSTO andVelocity + additional arrows . All this indicators are combined in 1file to make system work much faster.3)Improved alerts. There will be only alerts of main indicators.4) Email alerts. (Tools-options-email, where you may insert your smtpinformation to receive BB_sig alerts on email)with any questions contact our support teamTradeWays support teamThe email said I'm the 1st to evaluate it, infact my friend Jef
Shark 4.0 Ultimate EA Payback 2008-04-25 20:55:00 This week is payback time for Shark
EA."This week Shark is furious because last week many Shark's friend get caught by the fishermen"Shark EA result this week is great.Shark EA give 13 winning and 1 loss trade this week.March result +309 pipsApril result until today +34 pipsWe still have 3 trading days before April end. Let's see what Shark Ea can do about it.If you visit the official Shark EA website "Shark 4.0 Ultimate
", you will notice the website already updated.This is my live statement graphic using Shark EA from March until 26 April 2008You can download my live statement dated 26 April 2008
PIPMAKER V10 EA 2008-04-29 10:57:00 Pipmaker EA is free EA that you can find in it forex tsd forum.You can download it in "Pipmaker EA"Pipmaker EA is martingale and price action based EA. I try Pipmaker V10 on demo account for 1 month and give good result. But the detail statement of my demo account already deleted. And then decide to go live with Pipmaker V10.I'm using FXOPEN on demo and go live with FXOPEN cent account.The result is good in the 1st week.But something bad happend in my live account."REQUOTE" all the time. I don't know it in the 1st place.I know it when low level martingale close but my high level martingale don't close. But it's already too late... When I check the journal. It's requote and the DD already huge.You know what happened next, It's margin call.The EA have a potential and now already develop to P
SHARK 4.0 EA April Result 2008-05-02 21:53:00 April result is not quite good for Shark EA but still give positive result.This is "Shark 4.0 Ultimate"result since I go liveMarch result +309 pipsApril result +18 pipsAlex, Shark EA owner once told me to turn off Shark EA if there is big news such as Non Farm Payroll and US Interest Rate.I already keep in mind that I want to turn off Shark EA on Thursday, 1 May 2008 at 1:15am GMT+7 (my local time) because of US Interest Rate Announcement. I just remember it on Thursday night. Actually It's on Wednesday after midnight. So I missed it and get two straight loss minus 70 pips.If u see my live detail statement, Actually April result is quite good. It should be +88 pips if I turn off Shark EA before US Interest Rate news.We will see how Shark EA perform in May.This is my live statement graphic Read more:April
, Result
Winning Solution System Pyramid EA 2008-05-06 09:35:00 Winning SolutionSystem
have new ea called WSS Pyramid
EA.WSS Pyramid EA is one of the martingale ea family.WSS Pyramid EA use the original breakout strategy of WSS.Usually martingale ea work best on choppy market or ranging pairs.But WSS Pyramid EA work best on trending market or trending pairs.When using martingale ea, money management is an important key for success.I make a forward test using WSS Pyramid EA on FXDD using demo account. I use setting that recommended by WSS Mr.A.The test don't go smoothly as it appears.I encounter several bug while test WSS Pyramid EA.So I close two position manually in loss because of the bug.And there is one bug which I don't close it manually but I let it run to see what happened. The result WSS Pyramid EA close in loss.U can see it in graphics, there Read more:Winning
Bad Result in Shark EA 2008-05-09 21:13:00 Shark EA start with bad result in May.Anyone who just use Shark EA live in May, will be shock.In 1st week of May Shark EA just make 7 winning trade and make 6 loss trade. Because the risk ratio of Shark EA is 4 winning trade cover 1 loss trade. So the loss is quite a lot.March result +309 pipsApril result +18 pipsUnlike March and April result, since 1st May it give -147 pips dated 10 May 2008.So my net profit should be +180 pips since March.The bad news is, I don't use Money Management in Shark EA.In March I use 0,1 lot but since April until now I use 0,2 lot.So the loss in this week make my account balance almost return to BREAK EVEN.I don't know if the result "Shark 4.0 Ultimate" is same with Shark 3.0That is Forex, No Holy Grail in Forex. Let's see next week result, hope will not disapp Read more:Result
, Shark
Alpha9 EA 2008-05-13 10:11:00 Alpha9 EA is not free EA and it's not commercial EA too.You can find Alpha9 EA if you are member of "elite forex-tsd forum."The Alpha9 EA looks same as "Steinitz EA" because Alpha9 EA use Heiken Ashi engine and MTF engines same as Steinitz EA. But Alpha9 EA has some differences with Steiniz HAS MTF EA.The differences are, beside use Heiken Ashi engine and Multi Time Frame (MTF) Engine, Alpha9 also Read more:Alpha
Shark EA Loss Continued 2008-05-16 21:31:00 This month gonna be a bad result in "Shark
EA"After suffer a loss last week, Shark EA continue give a bad result.The total loss pips is increasing than last weekMy Live result so farMarch result +309 pipsApril result +18 pipssince 1st May it give -163 pips dated 10 May 2008.It seems May result give a negative result, although still have two weeks. It will be good if May result is Break EvenI still
Combination Fxtradepro Clone EA and Pallada 3.0 EA 2008-05-20 06:04:00 For anyone who often visit Forex Factory Forum, maybe know about Fxtradepro EA.It's semi automatic EA that use semi martingale system.You can read more about the original Fxtradepro EA in "Forex Factory Forum". Fxtradepro thread is closed. Maybe the owner Mr. Dan decide to sell Fxtradepro EA which is prohibited to sell EA in Forex Factory. But I'm still not sure about that.I'm a bit fan of Fxtrade Read more:Combination
WSS Pyramid EA Result 2008-05-22 07:40:00 I test WSS Pyramid
EA for one month now. The result is quite good, WSS Pyramid EA give 19% return although still in beta version. Mr. A has fixed the bug I encountered last time. But when I attach the EA, I found new bug. I already post about the bug in WSS Forum. This is my last demo statement of WSS Pyramid EA.I will wait for WSS Pyramid EA fully released and I test it again.I use the recommende Read more:Result
Viseu Open 001 EA 2008-05-25 08:07:00 This week result on Viseu open 001 is better than Shark EA. Viseu open 001 have 8 winning trade and only 1 loss trade.The May result still make loss - 50 pips. But It's better than Shark EA.I have another info of Viseu Open 001.I found it in Bluto private forum posted by casper.There are several incarnations of the EA, all in beta status, as follows (in order of appearance):viseu_open_001 // origi
Pallada EA plus Fxtradepro EA 2008-05-27 21:29:00 I still playing with Fxtradepro Clone EA with Pallada EA on my demo account. The result is quite good.Advantages using Fxtradepro EA:Sometimes Pallada Ea give false signal when market in ranging and Fxtradepro Clone EA done a good job about the false signal. I see many false signal on AUD/USD pair and USD/CAD pair which is not a recommended pair to Pallada.But there is disadvantages using Fxtradep
Pointbreak 5.0 EA 2008-05-29 12:12:00 I heard a lot about Pointbreak EA. My friend said Pointbreak is never loss EA and good in the long term. So I decide to forward test it using Lite Forex demo account.My comment about Pointbreak 5.0 EA after testing it for one month:* Open lots of trade. I counted once, there are more than 40 open trades.* Big floating Drawdown in quite long time. If u download my detailed statement, you can see th
Shark 4.0 EA May Result 2008-05-30 22:00:00 This month is bad result using Shark
EAMy Live result so farMarch result +309 pipsApril result +18 pipsMay result -124 pipsThis week make profit + 37 pips. Better than previous week.Overall is net profit +203 pips, But because I'm using 0,2 lot since April, my balance is about Break Even. I still have confidence in Shark EA can recover next month. So I'll keep reporting the performance of the EA i Read more:Result
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