FX Pipster (By Kengen)

Gain : +509507.86%
Drawdown 18.74%
Pips: 16629.0
Trades 6238
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Automated

FX Pipster Discussion

Aug 15, 2011 at 18:28
1,045 Views
5 Replies
Member Since Mar 02, 2010   9 posts
Aug 16, 2011 at 21:41
A fresh kid on the block just left the station.
Member Since Jul 29, 2011   16 posts
Aug 17, 2011 at 03:13
Is the system available for sale?
Member Since Nov 15, 2010   183 posts
Aug 17, 2011 at 06:01
This is an arbitrage system, will never work on real account.
Member Since Mar 02, 2010   9 posts
Aug 17, 2011 at 06:08
You are partially right. Wouldn't produce the same stellar results with brokers publishing more than 1 pip spreads nor on 5 digit quotes.
Member Since Jul 29, 2011   16 posts
Aug 17, 2011 at 06:26

Kengen posted:
    You are partially right. Wouldn't produce the same stellar results with brokers publishing more than 1 pip spreads nor on 5 digit quotes.

What do you mean exactly? may you explain further?
Member Since Mar 02, 2010   9 posts
Aug 17, 2011 at 07:39
The system takes advantage of the VERY BRIEF price aberrations between the interbank quote system and a broker's retail feed. It does not produce good results if the broker offers Ask-Bid spreads greater than 1 pip. The developer of the system is currently investigating a work around to the spread restrictions and will be releasing a new commercial grade version soon.

NOTE: The system is not for sale as is. Meanwhile, lets just enjoy this stellar performance from a distance.
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