THE FOREX EA REVOLUTION STARTS IN 2012
forex_trader_59739
Member Since Jan 14, 2012
59 posts
Jan 17, 2012 at 16:49
A little project ive been working on over the past few years, finally in BETA testing.
Unique EA -
-Trades like a person, NOT a robot.
-No eating away at leverage
-Max 1% risk per DAY on a pair, NOT per trade (Lowest risk EA in existence?)
- High probability, Low Risk, Consistent trading strategy
- Can be trade manually
- NO management needed at all if the EA is used - auto closes un-triggered trades at the end of each London close.
-IMPOSSIBLE to blow an account suddenly (the chief point that makes this beat every other EA out there.... )
- No trading at random points
- You know what it will do before it happens.
- Execution times make NO difference to this EA
- Spreads make no difference to this EA
- No small TPs - Wins are 30 pips
- NO large DRAWDOWNS!!!!!!!!
Please feel free to follow its performance ready for its Q3 release:
https://www.myfxbook.com/members/BenjaminNathan/theforexsniper-beta-ea-developed-trade/225165
Unique EA -
-Trades like a person, NOT a robot.
-No eating away at leverage
-Max 1% risk per DAY on a pair, NOT per trade (Lowest risk EA in existence?)
- High probability, Low Risk, Consistent trading strategy
- Can be trade manually
- NO management needed at all if the EA is used - auto closes un-triggered trades at the end of each London close.
-IMPOSSIBLE to blow an account suddenly (the chief point that makes this beat every other EA out there.... )
- No trading at random points
- You know what it will do before it happens.
- Execution times make NO difference to this EA
- Spreads make no difference to this EA
- No small TPs - Wins are 30 pips
- NO large DRAWDOWNS!!!!!!!!
Please feel free to follow its performance ready for its Q3 release:
https://www.myfxbook.com/members/BenjaminNathan/theforexsniper-beta-ea-developed-trade/225165
Member Since Feb 09, 2011
7 posts
Jan 20, 2012 at 06:12
Open results
Member Since Jan 25, 2011
2 posts
Jan 20, 2012 at 06:48
It is unlike revolution
forex_trader_59739
Member Since Jan 14, 2012
59 posts
Jan 20, 2012 at 08:02
Exactly thats the point yg10. Im just encouraging people to follow its testing.
The aim is for it to be ready to market in 6 months.
The aim is for it to be ready to market in 6 months.
forex_trader_59739
Member Since Jan 14, 2012
59 posts
Jan 20, 2012 at 08:49
Also as successfxsystems - I appreciate my open orders and trades are closed - this is because I dont want to risk people working out the strategy when my long term plans are to take this thing to the levels of MDP and Fap without it ending up blowing peoples accounts.
Also fxmanagement - its not the revolution yet - far from it..
The plans are 100 trades on demo... then 100 trades on a real $1500 account. If profits and drawdowns (less than 5%) are what I expect, then the revolution begins and I will be launching its own website WITH verified myfxbook results from real money - something even the big players like MDP dont do...
As discussed on other posts this is the very beginning of the project in terms of BETA testing.. but im pretty excited about it as are all the people involved in the development and testing.
Happy Trading everyone
Also fxmanagement - its not the revolution yet - far from it..
The plans are 100 trades on demo... then 100 trades on a real $1500 account. If profits and drawdowns (less than 5%) are what I expect, then the revolution begins and I will be launching its own website WITH verified myfxbook results from real money - something even the big players like MDP dont do...
As discussed on other posts this is the very beginning of the project in terms of BETA testing.. but im pretty excited about it as are all the people involved in the development and testing.
Happy Trading everyone
forex_trader_28881
Member Since Feb 07, 2011
724 posts
Jan 20, 2012 at 11:41
I dunno hey, world ends in 2012. Leaving it a bit late....
Member Since Jun 25, 2011
2 posts
Jan 20, 2012 at 15:06
For a demo revolution DEMO investors are necessary to you.
Ridiculously. Put for real. demo is delirium
Ridiculously. Put for real. demo is delirium
forex_trader_59739
Member Since Jan 14, 2012
59 posts
Jan 20, 2012 at 17:29
I agree but as stated - im doing demo for 100 trades then i go live
forex_trader_59739
Member Since Jan 14, 2012
59 posts
Jan 21, 2012 at 11:18
Lee that seems logical but testing will tell - the aim is 4-5% a month with little to no drawdowns....
Consistent low risk steady growth is the aim with this one.
Im confident that any EA making 10% and above a month suffers high draw downs and has high risk which is something ive worked to avoid.
I really want to release an EA that doesnt blow peoples accounts after a few months which is why I brought in the max 1% risk per day on any pair.
Consistent low risk steady growth is the aim with this one.
Im confident that any EA making 10% and above a month suffers high draw downs and has high risk which is something ive worked to avoid.
I really want to release an EA that doesnt blow peoples accounts after a few months which is why I brought in the max 1% risk per day on any pair.
Jan 23, 2012 at 22:50
i like the idea indeed. it's always too tempting to just go live and turn up the risk, but the markets have a funny way of tripping you up. i will be watching, and i totally agree, 5-10% a month with low drawdowns is a good return. it's what i aim to achieve with my pamm and personal account...... compounding is the seventh wonder of the world!
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Jan 23, 2012 at 23:04
Trades taken January 19 are inconsistent with the others, meaning that you increased position size drastically. Care to explain?
forex_trader_59739
Member Since Jan 14, 2012
59 posts
Jan 24, 2012 at 10:56
Hi there Splexin I did actually explain this on the discussion within the strategy's page:
Ben (BenjaminNathan)Jan 20 at 10:35
Hi huys - 2 things I forgot to mention:
1) The EA is designed for steady low risk growth - im aiming for 5% a month with minimal drawdown.
Also, the current profit should be about 2% not 20% - I accidentally set the lots wrong. Should be 0.02, not 1. This is now corrected.
Also, we THINK we have ironed out any bugs now so its just a case of waiting to see the results. Ill go live with $1500 after 100 demo trades.
Cheers, Ben
Ben (BenjaminNathan)Jan 20 at 10:35
Hi huys - 2 things I forgot to mention:
1) The EA is designed for steady low risk growth - im aiming for 5% a month with minimal drawdown.
Also, the current profit should be about 2% not 20% - I accidentally set the lots wrong. Should be 0.02, not 1. This is now corrected.
Also, we THINK we have ironed out any bugs now so its just a case of waiting to see the results. Ill go live with $1500 after 100 demo trades.
Cheers, Ben
forex_trader_59739
Member Since Jan 14, 2012
59 posts
Jan 26, 2012 at 13:47
www.theforexsniper.com - I will be adding a live account to myfxbook in the next couple of weeks.
forex_trader_62865
Member Since Jan 27, 2012
5 posts
Jan 27, 2012 at 16:30
Damn, I just missed the pre-release. I look forward to seeing the real account Ben. :]
forex_trader_59882
Member Since Jan 16, 2012
31 posts
Feb 01, 2012 at 11:13
LIVE ACCOUNT starting 6th Feb 2012.
Hi guys i've been given an account to rescue (its at 4.70% drawdown) - The Forex Sniper is set up and goes live with the account on Monday so will see real time verified performance..
Keep watch!
Ben.
Hi guys i've been given an account to rescue (its at 4.70% drawdown) - The Forex Sniper is set up and goes live with the account on Monday so will see real time verified performance..
Keep watch!
Ben.
forex_trader_59882
Member Since Jan 16, 2012
31 posts
Feb 06, 2012 at 14:57
Also - new trailer for the EA:
