NMi Super Scalper v1.9 - v1.16 DMA Discussão

Just demo.😁

The NMi Super Scalper EA system is a prototype modelled off of the Million Dollar Pips entry but is otherwise proprietary product of New Millennium Inc in every other respect and is entirely adjustable (see backtest for settings in strategies section) inclusive of all facets of entry and trailing.

The very simplistic entry trigger is based on identifying very short term oversold and overbought market conditions on a 1 minute timeframe using a single indicator and trading them on a regression to mean basis. It's an extremely profitable concept on paper but the reality of the real market (versus a demo+backtest environment) is that slippage, and the way the system is able to deal with the influence of slip is the difference between between profit and loss. Slippage is further exaggerated by the fast moving nature of the trigger.

The entire demo account trading history of all the variant to date is shown on NMi's Profile page. Roughly it is divided into 3 segments;

1) 1st version (without spread filter it would take trades with such a wide spread that the SL was immediately hit on entry)
2) 2nd version with spread filter (the spread filter completely eliminated re-occurrence of 1st version issue)
(performed without error/100% hands free)
3) 3nd version with best sets selected (has performed without error/100% hands free)

Current testing on real money accounts history reveals on the upside that 3 of the 6 pairs that have traded so far are in the money on most accounts, with the USDCHF pair being positive in every real money test to date. The downside is that inclusive of all 6 currency pairs traded its in the negative overall.

Briefly the plan of action for late January - Feb:

* More testing of different setting seen to be required.
* More code improvement seen to be required to adjust and allow for the major slippage - being the primary challenge *
* More testing at brokers seen to be required.

*Two potentially significant system development with regards slip in the real market have been identified and will be developed/tested as a matter of priority.

Special invitation received to a private non retail feed that is reputed to be second to none (which I am to assume includes the degree of slip) care of both the indicative performance thus far demonstrated in testing and a long standing association with the parties providing the feed. Expected to come online in February 2012.

Primary objective of the EA is a proprietary asset management tool. Also considering a limited model release with a collaborative flavour.

Brief Updates on this system will be posted here on a monthly basis (approximately). More detailed updates and information about this and any other systems/trader collaborations may also be posted at our blog https://new-millenniuminc.com/blog/

Questions and constructive feedback/comments are welcome 😄

mir: NMI
i want to get this expert
may u tell me how can i get it
thank you

   semsmheba posted:
   mir: NMI
i want to get this expert
may u tell me how can i get it
thank you

Hi there - thanks for your interest - best practice is to submit an inquiry via the contact us page @ https://new-millenniuminc.com/contact/ - but I shall PM you directly on this in the next 24hrs.

Cheers, Adam 😄

Very interesting project. Will keep an eye on your progress. Good luck!

hi...
please keep me informed when you release
i will surely be interested to take part

regards

Live account please?

Edit: I read your report aftwards. I understand you're doing the job of testing this live privately. Well done, well explained. Thanks

29-2-2001 UPDATE

The live FWD demo test was not running thus far this week due to technical difficulties at www.fxpig.com

This did cause the demo to otherwise miss some profitable trading opportunities. Also due to an older build being used, requiring a manual start on Monday the demo also missed a nice bunch of USDJPY and EURJPY trades not long after the open that were profitable on a real money account being tested that was started earlier enough to get those trades (nice work Jeff).

I believe the issues are sorted now with the fwd demo test account and I expect we'll see more trades into the week, and most especially this coming NFP Friday.

We also are accumulating some decent records on a small live test account of ours (which we'll be sharing soon) and are satified enough with the system now that we will be increasing the leverage used on our larger real money accounts. These larger accounts have also been placed on FXPIG's NEW ECN feed so I actually expect improved performance over the current real money test being conducted on the STP/DMA feed.

Slowly but surely we're inching our way towards an official release after several months of testing and development.

If you've any question or would like to express your interest in being on the 'first contact list' please use the contact us page @ https://new-millenniuminc.com/contact/ :)

   NewMillenniumInc posted:
   29-2-2001 UPDATE

The live FWD demo test was not running thus far this week due to technical difficulties at www.fxpig.com

This did cause the demo to otherwise miss some profitable trading opportunities. Also due to an older build being used, requiring a manual start on Monday the demo also missed a nice bunch of USDJPY and EURJPY trades not long after the open that were profitable on a real money account being tested that was started earlier enough to get those trades (nice work Jeff).

I believe the issues are sorted now with the fwd demo test account and I expect we'll see more trades into the week, and most especially this coming NFP Friday.

We also are accumulating some decent records on a small live test account of ours (which we'll be sharing soon) and are satified enough with the system now that we will be increasing the leverage used on our larger real money accounts. These larger accounts have also been placed on FXPIG's NEW ECN feed so I actually expect improved performance over the current real money test being conducted on the STP/DMA feed.

Slowly but surely we're inching our way towards an official release after several months of testing and development.

If you've any question or would like to express your interest in being on the 'first contact list' please use the contact us page @ https://new-millenniuminc.com/contact/ :)

NFP release is next week, not this Friday

I contacted you and didnt get any answer so far..

Hi ForexPro,

Thanks for the correction...........I thought it was the first Friday of the month......so put me down for this weeks 'Doh' award..... Anyways, I hear on the grapevine there will be some big news on the next chapter Greek bailout/default tonight unless I am again, mistaken.

Personally I dont follow the news much, except to view the action around the RED flag news events listed here: https://www.forexfactory.com/calendar.php Generally the RED flagged events cause triggers for this system, but not always - it depends on the deviation form the expected result and how many news trader have their finger on the trigger.

I've responded to every inquiry submitted to the best of my knowledge and always do my best to respond swiftly, and am apologetic whenever an inquiry is not replied to within 24hrs - which I'm sure many reading this will vouch for. If you'd kindly resubmit your message to me then I shall respond today - so long as I see it arrive in my inbox/s that is !

For the record if ANYONE has submitted an inquiry and not received a reply, its certainly not intentional and please keep in mind I receive alot of inquiries about this EA. The best practice is to submit an inquiry via the contact us page as outlined above https://new-millenniuminc.com/contact/ Other methods such as PM via myfxbook or via PM in forums are more likely to slip through the cracks but I will always seek to reply to all messages no matter where the source originates. 😄

FYI I wrote through the above mentioned contact link and didnt get an answer

ForexPro, please check your myfxbook PM inbox 😄

Not work in Live account?

Hi winnerforex,

In my recent testing it has, and so too mostly for the majority of beta testers, depending on choice of broker. In a short while I'll provide some real money performance links but I wish to build a little more real money trade history first, with my own trading and that of others. That's why its not for sale currently, amongst other reasons.

Basically, the short story is if you have MDP working profitably for you then you'll very likely be able to get this EA working for you - thats been the indicative trend with the beta testers to date. Traders using the NMi Super Scalper EA can expect to face the same challenges (slip and lag) as do MDP traders, albeit on different pairs.

Kind regards, Adam 😄

MDP has trade in others currency GBPUSD & USDJPY, but i don't think is profitable.

Hi Fx Capital Management,

I dont trade the UJ and GU with MDP, but I've heard (and seen) they trade infrequently and with mixed results.

My system doesnt trade either of those pairs that frequently either, but so far both have proven profitable on my system in real money testing and I don't plan on discontinuing their use. Actually the UJ is a favourite of mine, although the signals are less common, it generally trades with a high degree of accuracy, perhaps the highest of any pair.

The EURGBP is defnitely a bit lame, very few trades and an indifferent degree of success, so I discontinued that pair in the real money testing. The EURCHF although very profitable on demo, has since been discontinued also on real money testing due it its high relative spread and at times, extreme and unfavourable volatility care of the SNB tugging on side of the equation and the ECN on the other! Ive not seen so much slippage on any other pair but that one...........although I remain optimistic that on good feed it has potential, and will have another shot myself in the coming months now that I have secured a better quality feed.

Kind regards, Adam 😄

Hi,

Simple question. Are you selling this EA? If yes, then why? I mean, if something you develop, which you trust and you trade with on your own account, why to sell it?

Hi Jumper73,

I guess that makes us both 39 this year 😄

Your biases are clearly evidenced in your questions, but dont sweat that, we all have our outlook shaped by the belief's we hold to be true. Certainly I expect to field this type of question so you've provided me with perfect opportunity to respond and elaborate some more.

1) Am I selling it? yes, thats the plan, but it may change if I rustle enough funds as assets under management (AUM) in advance of getting to stage whereby I can launch it commercially. Its my personal preference to avoid the workload associated with selling it en-masse, but I'll come to a final decision at precisely the right time in the best the business interests of NMi and its partners.

2) Why would I sell it ? well, why wouldnt I ?

a) Because I believe that the mass distribution would ruin its edge ? If that was my belief then I wouldnt sell it, I wouldn't want to ruin it for myself. But, thats simply not a belief I subscribe to (although I fully realise that many do), rather I think its a very convenient excuse used by EA system designers or their Vendors to explain a system failure. Basically that its 'been a victim of its own success'.

But how about a case in point: MDP has sold 70k + copies, and it works for plenty still to this day. A truly good strategy doesnt die and MDP is absolute evidence of that.

b) Because I could make more if I kept it private ? If that was my belief then I'd have to be of the position that I can make a great deal more than the 7,000,000 in sales income that MDP has achieved by keeping it private inside of the first 12 months. MM, well I'm not quite sure about that, though if you can suggest a way then I'm all ears.

Essentially I'm selling it raise more cash to trade it with much more capital than we have now - is this such a surprising response given the considerable time and cost invested to develope an EA? I ask you, what better reason should you be hearing from an EA designer?

Add to all of this that Ive taken on board a new EA coding partner recently with whom I feel I can make a significant amount of improvement over what you already see working, so by no means I am letting out the very best that I believe can be built, not by a long shot. But such development takes time, so it will be a while before the benefits of those future concepts make their way to a model you'd be using.

FWIW, Ive seen it working myself on various beta tester accounts at various brokers and almost without exception its positive. My recent testing with a new ECN feed showed fantastic performance on an initial 1k test (with regards slippage and entry, and the feed itself has very low spreads, as low Ive seen at any broker). Keep in mind this testing is to prove the system work to myself, first. I'm actually an extremely harsh critic of most systems and I can name very few I believe are truly profitable - rather fortunately for me its my belief that this is one of them.

Ive since set up a real money USD10k account (yesterday 6th March) on that new ECN feed running at 2 lot per trade per currency X 5 - which is 2 X the risk of the FWD demo. So you can call me convinced and my 10k account will become what I expect will come to convince you, too. I'll link that to myfxbook just as soon as its traded for at least a little while and got some runs on the board, maybe end of this week or next.

Keep an eye on this space.

Kind Regards, Adam 😄