"Reliable and constant forex profits"- That's what the authors of the system claim. - page 10

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I have sketched an EA for MT5 which opens and closes an order in the required direction at a given time

like this:

input datetime    starttime   = D'2011.10.27 20:06';  //время открытия ордера
input datetime    stoptime    = D'2012.01.13 16:23';  //время закрытия ордера
input bool        Buy_Order   = true;                 //ордер:Buy=true,Sell=false
input double      lot         = 1.0;                  //объем ордера
 
#include <Trade\Trade.mqh>
 
bool notorder,notcloseorder;
//______________________________________________________________________
int OnInit(){
   notorder = true;
   notcloseorder = true;
return(0);
}
//______________________________________________________________________
void OnDeinit(const int reason){
}
//______________________________________________________________________
void OnTick(){
      CTrade order;
//если нет открытых позиций
      if(notorder){
            if(TimeCurrent()>=starttime){
                  if(Buy_Order) order.Buy(lot); else order.Sell(lot);
                  ulong ticket = -1;         
                  ticket = order.ResultDeal();
                  Print("ticket = ",ticket);
                  if(ticket>0) notorder = false;
            }
//если есть открытая позиция
      }else{
            if(notcloseorder && TimeCurrent()>=stoptime){
               order.PositionClose(_Symbol);
               uint result = order.ResultRetcode();
               if(result==TRADE_RETCODE_DONE) notcloseorder = false;
            }
      }
}
//______________________________________________________________________

We open two demo accounts in USD and EUR on the metaquote server. For the account in EUR, we test Sell with a deposit of 1000 EUR, and for the dollar account, the deposit of 1424.25 USD and open a Buy position. Order will be opened2011.10.27 20:06 and closed 2012.01.13 16:23 or by stop out

For EUR account tester report:

For USD account tester report:

Files:
asd.mq5  2 kb
 

in addition to the previous post:

In the tester report we see that the drain of the dollar deposit will happen at 2011.10.28 12:23, by changing the settings of the expert (position closing time) we have:

For EUR account tester report:

For USD account tester report:

 

OK, what does this prove/disprove, Igor?

2 Meat: thank you. About my epithets "graceful" and "elegant": you should understand that it was a bit of a joke on myself.

 
Mathemat: OK, what does this prove/disprove, Igor?

at the beginning we have two equal deposits: 1000 EUR = 1424.25 USD, because EURUSD rate = 1.42425

after closing the opposite orders on different accounts we have 1 667.95EUR and 453.55USD rate EURUSD = 1.41469

was 2000 EUR became 1 667.95 + 453.55 / 1.41469 = 1988.55 EUR

or was 2848.5 USD became 1 667.95 * 1.41469 + 453.55 = 2813.18 USD

 

OK, one more rebuttal. Is the topic exhausted?

 
IgorM:

at the beginning we have two equal deposits: 1000 EUR = 1424.25 USD, because EURUSD rate = 1.42425

after closing the opposite orders on different accounts we have 1 667.95EUR and 453.55USD rate EURUSD = 1.41469

was 2000 EUR became 1 667.95 + 453.55 / 1.41469 = 1988.55 EUR

or was 2848.5 USD turned 1 667.95 * 1.41469 + 453.55 = 2813.18 USD

IgorM there is an error in your calculations. 1 lot in a EUR account is more expensive than 1 lot in a USD account.

If you open a buy position of 1 lot on a dollar account, the EUR account opens a sell position of 1 lot / Current price of EUR. Thus, the position margins in different accounts are equal. As a result we have, for instance, a loss of $1 000 on the dollar account, and a profit of $1 000 / the current euro price on the euro account minus 2 spreads.

In this scheme, there is no profit. There is a loss equal to the spread from the euro account position plus the spread from the dollar account position. Funds flow from one account to another.

 
kharko: There is no profit in this scheme. There is a loss equal to the spread from the euro account position plus the spread from the dollar account position. Funds flow from one account to the other.
Yes. Exactly the same thing follows from my "theoretical" reasoning.
 
kharko:IgorM there is an error in your calculations. 1 lot in a euro account is more expensive than 1 lot in a dollar account.
I think we sorted out the margin a couple of pages ago, what error is there?
 
sever31:

It is, of course, an old and antediluvian system.
But the important thing is that there is a positive mathematical expectation in the forex market.

I think it's not an old theme. It is a new variation on the locs theme. The MO is more than zero for DCs and less for you.

 

The first strategy was successfully blown to smithereens.

In the same place another strategy was published with supposedly reliable and consistent profits.
To quote:

Возьмите любой график любой валютной пары.Посмотрите на него внимательно без ТА.
Мы увидим такую закономерность.
Дельта максимальной и минимальной цены за сутки будет в среднем около 150 пунктов.
За пять суток(неделю) около 400 пунктов. За месяц в среднем около 800 пунктов.
Это объясняется тем, что цена в 90 процентах случаев возвращается.
На этой закономерности можно делать деньги.
В интернете, в ДЦ нам кричат растите прибыль! А как ее растить если в 9 из 10 случаев она вернется на ноль или минус,
причем вы не знаете,когда это произойдет.
И ставьте стоплосс который сработает в 9О процентах случаев.(О стопе подробнее в спец.разделе)

Что надо делать,так это фиксировать прибыль, причем не где попало, а на определенных рубежах.
от 30 до 70 пунктов.
Итак,ТА и ФА не работает!
Стоплосс не ставим, тейк профит 30-70 пунктов.
Сразу скажу это будет редко,но здесь может возникнуть проблема,когда допустим цена уйдет на 200 пунктов вниз и вы останитесь вне игры.
Это проблема тоже легко решаема. Ставьте не на одну, а на 10 пар и всегда будете в игре. В итоге все равно вы в плюсе.

Anybody out there who would like to smash this strategy to pieces? Blown to bits means either with facts, i.e. with the facts, or with specific mathematical calculations backed up by formulas.

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