How much does it cost to write a "complex" EA? - page 12
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If everything is as elementary as you write, open 100-200 (no one is restricting you) demo accounts
And increase at least one of them by 2000% in a month. And I'd love to see how you do it. :)
This is for an illustrative example: https: //c.mql5.com/mql4/forum/2007/08/Statement.zip
(over three hundred trades - 324 - not a single minus).
s.s. If it's that easy, do it!))
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Yes, I finally saw it ! What a class ! Just amazing ! At least give me a hint, but honestly, what kind of system is this ! At least what are you basing it on ?
Respectfully - S.D.
That said, the deposit is 847k. The deposit per lot at fuy is £1,000, i.e. the full deposit is £415,000 ~ $826,000, i.e. on the verge of a margin call. That's not how a normal pro works!
But the entry itself is certainly crosafcheg. For the sake of 6-10 pips you can take the risk!
P.S. I have not analyzed risks and drawdowns yet.
P.P.S. I did:
This is a buy. The left spot is an entry and the right one is an exit. Alex, you are walking the exact waves, I see it now... By the way, the drawdown is really far from a margin call: 65 pips * $8.7 (point price per fooi lot) * 415 (lots) ~ $235,000.
No time, no headache, my grandmother needs a visit, work's been piling up... - it's all excuses :)
Yeah, you shouldn't have said that if I wasn't going to do it.
Now you'll have to answer for the bazaar =)
How, any interest? ;)
and the fifth ace.
If there is a way to close the recurring theme of genius MTS named NYROBA, it is to code his strategy.
But that may not work either, since there is no taskmaster in nature who would not blame the failure of the strategy
in the first place on the programmer.
No time, no headache, my grandmother needs a visit, work's been piling up... - it's all excuses :)
Yeah, you shouldn't have said that if I wasn't going to do it.
Now you'll have to answer for the bazaar =)
How, any interest? ;)
and the fifth ace.
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So you think it's a hoax? What's the point? Do you think the guy just wants to talk?
Respectfully -- S.D.
But Alex claims that his strategy is based on Neely's book. And one single trade (entry and 9 (!) additions, all without a stop loss and for the entire deposit) so contradicts the very spirit of the Wave Principle that I have strong doubts that this statement can demonstrate anything.
The Wave Principle (whether Neely, Prechter or whatever) is first and foremost:
1. Mandatory stop losses based on technical levels (extrema reached earlier)
2. Mandatory Take Profits. There may be several of them, depending on the priorities of the wave objectives
3. A very clear and reasonable MM, which is closely connected with the previous points and the development scenario.
There is none of that here. Although some entries are indeed quite precise, I have already written to Alex about it.
Sart, are you not convinced by my drawing and calculations? I don't think it's a hoax. This kind of trading is only possible on demo. On the real, it will quickly end in a crash.
But Alex claims that his strategy is based on Neely's book. And one single trade (entry and 9 (!) shares, all without stop loss and for the entire deposit) so contradicts the very spirit of the Wave Principle, that I have strong doubts that this statement can demonstrate anything.
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Look Mathematician, then what is he I...nding. If he really has what he is demonstrating, offer to set up a Niroba Ltd, distribute the shares and go ahead.
Meet with him and let him show you his deals live on the demo - sit with him for a day, two or three days, as long as necessary ...
If everything checks out, make up the Articles of Association, the Memorandum of Association, distribute shares, select participants, etc., etc.
Don't forget to include me as a participant (my "legal" 10 percent). If he does not agree to this option, let him not distract people, everyone has enough crap to deal with ...
S.D.
No time, no headache, my grandmother needs a visit, work's been piling up... - it's all excuses :)
Now I'll have to answer for the bazaar =)
On Monday I will make an expert and open accounts (I think 70 pieces will be enough).
On Tuesday-Wednesday I will launch it. The results will be ready in a couple of weeks.
By the way, no desire to "warm up" the discussion financially? ;)
How about a 100 c.u. bet? I make 2000% in a month - I win, I don't make it - I lose.
The money will be given to the trust at the moment of betting and we can withdraw it only by mutual agreement not earlier than in a month.
How, are you interested? ;)
Finally moving on from the demo tanks to real, albeit very modest, money. Respect. Waiting to hear back...
I'll write any advisor for $100.
Write: without reinvestment profit factor 3, mathematical expectation 30 points, drawdown no more than 30%, profitability 100% per month.