Shivanand

Hi guys, here is the final statment of this EA which was supposed to be run as per willama's system ( http://www.forexpeacearmy.com/forex-...g-system.html*)
*
Its on ALpari Demo at 1:100 leverage with opening balance of 3000.00
*
EA Attached

Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

--- On Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:

From: Eben Brand <eben.brand (AT) gmail (DOT) com>
Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Friday, June 27, 2008, 6:16 AM








As always, very sensible, Charles!!
*
While having said that, there is one thing that does repeat itself, and that’s chart patterns, in the bigger scheme of things, esp on the 4H and D1 TFs, so maybe I can rally some support from likeminded individuals to build an EA that matches chart patterns to a known set of patterns, and then trades on ‘the last leg’ of the pattern, which is essentially what the BIG divergence / gartley traders do. To time entry one could then look at e.g. bollinger and divergence between MACD and price movement, which indicates something is to happen soon.
*
Just musing away here, also a bit disillusioned with the average EA, even with the ‘good’ EA… At the same time I do believe it is possible to develop EAs that are profitable, and that somehow use price action to determine its course of action.
*
I also believe that there are ways to capture market movements with a grid-based system, some brokers will just complain over the large number of orders being placed – not sure why, as it means more profit for them.
*
Regards
Eben
*
*


From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf Of Charles Wilkes
Sent: 27 June 2008 12:16 PM
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Subject: Re: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
*




Wow!** This is certainly radical, yet many have told me exactly the same thing (indicators don't work), and the logic re EAs not working is certainly correct in my experience.** I've got maybe a thousand -- well, at least several hundred EAs, none of which work consistently.** And if they did, the author would be using them, not selling them or giving them away (we are all soft hearted here).** So the comments here are spot on.

*

What to do about it.** I've pretty much given up on EAs, but I do try to use the power of the computer to help me trade manually.** I have also given up long ago on the idea of artificial intelligence -- doesn't work either, and that is what EAs try to implement I think.** But the author of this original note came up with something I hadn't considered -- that they could be a way to use the power of the computer in new ways to "win" that is beyond the power of the brain at least as we know it.** If this is true, then pure math is the only hope to figure that out for sure.* But yet many indicators were written or originally proposed by some of the best math wizards the world has yet produced.** Doesn't mean they were the best that will ever exist -- that is an evolving field as well as everything else that humanity has ever done.

*

So the proposed idea of profit catching is one idea which certainly should be developed.** And time will work it's evolutionary magic and find many other ways as it always has.** But for this to happen, there must be collaboration between idea developers.** It will never happen in the dark by a single individual, no matter what his genius level may be.** So at least in my opinion it's certainly okay*to make a fresh start -- abandon indicators (many have done this already), but don't abandon working together with others of like minds.** Please don't give up on forums -- they are the only hope to find collaborators with common interests.** I'm not proposing myself -- I'm content to be an interested spectator.* But there are many who should be working together on this problem.** Hopefully I'll see the results of this before I'm out of the picture.

*

Charles Wilkes



*

On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com> wrote:

Sam

Shivanand,

Thanks for the head up on Willama system. The result is nice and may be this is the answer to our search.

Sam

----- Original Message -----
From: Shivanand
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Sent: Friday, June 27, 2008 9:28 AM
Subject: [MT_E and I] Mod EA of WIllama system


Hi guys, here is the final statment of this EA which was supposed to be run as per willama's system ( http://www.forexpeacearmy.com/forex-...ng-system.html )



Its on ALpari Demo at 1:100 leverage with opening balance of 3000.00



EA Attached

Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

--- On Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:


From: Eben Brand <eben.brand (AT) gmail (DOT) com>
Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Friday, June 27, 2008, 6:16 AM



As always, very sensible, Charles!!



While having said that, there is one thing that does repeat itself, and that’s chart patterns, in the bigger scheme of things, esp on the 4H and D1 TFs, so maybe I can rally some support from likeminded individuals to build an EA that matches chart patterns to a known set of patterns, and then trades on ‘the last leg’ of the pattern, which is essentially what the BIG divergence / gartley traders do. To time entry one could then look at e.g. bollinger and divergence between MACD and price movement, which indicates something is to happen soon.



Just musing away here, also a bit disillusioned with the average EA, even with the ‘good’ EA… At the same time I do believe it is possible to develop EAs that are profitable, and that somehow use price action to determine its course of action.



I also believe that there are ways to capture market movements with a grid-based system, some brokers will just complain over the large number of orders being placed – not sure why, as it means more profit for them.



Regards

Eben





From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf Of Charles Wilkes
Sent: 27 June 2008 12:16 PM
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Subject: Re: [MT_E and I] Winning EAs= Math based EAs that don't use indicators



Wow! This is certainly radical, yet many have told me exactly the same thing (indicators don't work), and the logic re EAs not working is certainly correct in my experience. I've got maybe a thousand -- well, at least several hundred EAs, none of which work consistently. And if they did, the author would be using them, not selling them or giving them away (we are all soft hearted here). So the comments here are spot on.



What to do about it. I've pretty much given up on EAs, but I do try to use the power of the computer to help me trade manually. I have also given up long ago on the idea of artificial intelligence -- doesn't work either, and that is what EAs try to implement I think. But the author of this original note came up with something I hadn't considered -- that they could be a way to use the power of the computer in new ways to "win" that is beyond the power of the brain at least as we know it. If this is true, then pure math is the only hope to figure that out for sure. But yet many indicators were written or originally proposed by some of the best math wizards the world has yet produced. Doesn't mean they were the best that will ever exist -- that is an evolving field as well as everything else that humanity has ever done.



So the proposed idea of profit catching is one idea which certainly should be developed. And time will work it's evolutionary magic and find many other ways as it always has. But for this to happen, there must be collaboration between idea developers. It will never happen in the dark by a single individual, no matter what his genius level may be. So at least in my opinion it's certainly okay to make a fresh start -- abandon indicators (many have done this already), but don't abandon working together with others of like minds. Please don't give up on forums -- they are the only hope to find collaborators with common interests. I'm not proposing myself -- I'm content to be an interested spectator. But there are many who should be working together on this problem. Hopefully I'll see the results of this before I'm out of the picture.



Charles Wilkes





On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com> wrote:

Shivanand

Frankly Sam, I agree with you This does look like the answer. According to willama, the author of this EA made a few errors in implementing the strategy -*Perhaps that was a good error! This robot seems to work amazingly well.
*
My last statment posted here must have showed an equity of 3 799.29 - But now when I write this it is 3 946.05 !*All trades closed with a few pending orders.
*
I intend to let*this EA run my live account*from Monday using micro lots*at*1 cent per pip (Tempted to do it with a full lot though lol )*

Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

--- On Fri, 6/27/08, Sam <cci2fx (AT) gmail (DOT) com> wrote:

From: Sam <cci2fx (AT) gmail (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Friday, June 27, 2008, 9:19 AM







Shivanand,
*
Thanks for the head up on Willama system.* The result is nice and may be this is the answer to our search.*
*
Sam
*

----- Original Message -----
From: Shivanand
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Sent: Friday, June 27, 2008 9:28 AM
Subject: [MT_E and I] Mod EA of WIllama system








Hi guys, here is the final statment of this EA which was supposed to be run as per willama's system ( http://www.forexpea cearmy.com/ forex-forum/ forex-trading- systems-strategi es/2397-williama s-trading- system.html*)
*
Its on ALpari Demo at 1:100 leverage with opening balance of 3000.00
*
EA Attached

Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradeguide. cn

--- On Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:

From: Eben Brand <eben.brand (AT) gmail (DOT) com>
Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Date: Friday, June 27, 2008, 6:16 AM






As always, very sensible, Charles!!
*
While having said that, there is one thing that does repeat itself, and that’s chart patterns, in the bigger scheme of things, esp on the 4H and D1 TFs, so maybe I can rally some support from likeminded individuals to build an EA that matches chart patterns to a known set of patterns, and then trades on ‘the last leg’ of the pattern, which is essentially what the BIG divergence / gartley traders do. To time entry one could then look at e.g. bollinger and divergence between MACD and price movement, which indicates something is to happen soon.
*
Just musing away here, also a bit disillusioned with the average EA, even with the ‘good’ EA… At the same time I do believe it is possible to develop EAs that are profitable, and that somehow use price action to determine its course of action.
*
I also believe that there are ways to capture market movements with a grid-based system, some brokers will just complain over the large number of orders being placed – not sure why, as it means more profit for them.
*
Regards
Eben
*
*


From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf Of Charles Wilkes
Sent: 27 June 2008 12:16 PM
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Subject: Re: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
*




Wow!** This is certainly radical, yet many have told me exactly the same thing (indicators don't work), and the logic re EAs not working is certainly correct in my experience.** I've got maybe a thousand -- well, at least several hundred EAs, none of which work consistently.** And if they did, the author would be using them, not selling them or giving them away (we are all soft hearted here).** So the comments here are spot on.

*

What to do about it.** I've pretty much given up on EAs, but I do try to use the power of the computer to help me trade manually.** I have also given up long ago on the idea of artificial intelligence -- doesn't work either, and that is what EAs try to implement I think.** But the author of this original note came up with something I hadn't considered -- that they could be a way to use the power of the computer in new ways to "win" that is beyond the power of the brain at least as we know it.** If this is true, then pure math is the only hope to figure that out for sure.* But yet many indicators were written or originally proposed by some of the best math wizards the world has yet produced.** Doesn't mean they were the best that will ever exist -- that is an evolving field as well as everything else that humanity has ever done.

*

So the proposed idea of profit catching is one idea which certainly should be developed.** And time will work it's evolutionary magic and find many other ways as it always has.** But for this to happen, there must be collaboration between idea developers.** It will never happen in the dark by a single individual, no matter what his genius level may be.** So at least in my opinion it's certainly okay*to make a fresh start -- abandon indicators (many have done this already), but don't abandon working together with others of like minds.** Please don't give up on forums -- they are the only hope to find collaborators with common interests.** I'm not proposing myself -- I'm content to be an interested spectator.* But there are many who should be working together on this problem.** Hopefully I'll see the results of this before I'm out of the picture.

*

Charles Wilkes



*

On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com> wrote:

Shivanand

Something went wrong with my last post lol
*
Frankly Sam, I agree with you This does look like the answer. According to willama, the author of this EA made a few errors in implementing the strategy -*Perhaps that was a good error! This robot seems to work amazingly well.
*
My last statment posted here must have showed an equity of 3 799.29 - But now when I write this it is 3 946.05 !*All trades closed with a few pending orders.
*
I intend to let*this EA run my live account*from Monday using micro lots*at*1 cent per pip (Tempted to do it with a full lot though lol )*


Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

--- On Fri, 6/27/08, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:

From: Shivanand <shivanund (AT) yahoo (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Friday, June 27, 2008, 10:51 AM











Frankly Sam, I agree with you This does look like the answer. According to willama, the author of this EA made a few errors in implementing the strategy -*Perhaps that was a good error! This robot seems to work amazingly well.
*
My last statment posted here must have showed an equity of
3 799.29- But now when I write this it is
3 946.05 !*All trades closed with a few pending orders.

*
I intend to let*this EA run my live account*from Monday using micro lots*at*1 cent per pip (Tempted to do it with a full lot though lol )*



Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradeguide. cn

--- On Fri, 6/27/08, Sam <cci2fx (AT) gmail (DOT) com> wrote:


From: Sam <cci2fx (AT) gmail (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Date: Friday, June 27, 2008, 9:19 AM





Shivanand,
*
Thanks for the head up on Willama system.* The result is nice and may be this is the answer to our search.*
*
Sam
*

----- Original Message -----
From: Shivanand
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Sent: Friday, June 27, 2008 9:28 AM
Subject: [MT_E and I] Mod EA of WIllama system








Hi guys, here is the final statment of this EA which was supposed to be run as per willama's system ( http://www.forexpea cearmy.com/ forex-forum/ forex-trading- systems-strategi es/2397-williama s-trading- system.html*)
*
Its on ALpari Demo at 1:100 leverage with opening balance of 3000.00
*
EA Attached

Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradeguide. cn

--- On Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:

From: Eben Brand <eben.brand (AT) gmail (DOT) com>
Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Date: Friday, June 27, 2008, 6:16 AM






As always, very sensible, Charles!!
*
While having said that, there is one thing that does repeat itself, and that’s chart patterns, in the bigger scheme of things, esp on the 4H and D1 TFs, so maybe I can rally some support from likeminded individuals to build an EA that matches chart patterns to a known set of patterns, and then trades on ‘the last leg’ of the pattern, which is essentially what the BIG divergence / gartley traders do. To time entry one could then look at e.g. bollinger and divergence between MACD and price movement, which indicates something is to happen soon.
*
Just musing away here, also a bit disillusioned with the average EA, even with the ‘good’ EA… At the same time I do believe it is possible to develop EAs that are profitable, and that somehow use price action to determine its course of action.
*
I also believe that there are ways to capture market movements with a grid-based system, some brokers will just complain over the large number of orders being placed – not sure why, as it means more profit for them.
*
Regards
Eben
*
*


From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf Of Charles Wilkes
Sent: 27 June 2008 12:16 PM
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Subject: Re: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
*




Wow!** This is certainly radical, yet many have told me exactly the same thing (indicators don't work), and the logic re EAs not working is certainly correct in my experience.** I've got maybe a thousand -- well, at least several hundred EAs, none of which work consistently.** And if they did, the author would be using them, not selling them or giving them away (we are all soft hearted here).** So the comments here are spot on.

*

What to do about it.** I've pretty much given up on EAs, but I do try to use the power of the computer to help me trade manually.** I have also given up long ago on the idea of artificial intelligence -- doesn't work either, and that is what EAs try to implement I think.** But the author of this original note came up with something I hadn't considered -- that they could be a way to use the power of the computer in new ways to "win" that is beyond the power of the brain at least as we know it.** If this is true, then pure math is the only hope to figure that out for sure.* But yet many indicators were written or originally proposed by some of the best math wizards the world has yet produced.** Doesn't mean they were the best that will ever exist -- that is an evolving field as well as everything else that humanity has ever done.

*

So the proposed idea of profit catching is one idea which certainly should be developed.** And time will work it's evolutionary magic and find many other ways as it always has.** But for this to happen, there must be collaboration between idea developers.** It will never happen in the dark by a single individual, no matter what his genius level may be.** So at least in my opinion it's certainly okay*to make a fresh start -- abandon indicators (many have done this already), but don't abandon working together with others of like minds.** Please don't give up on forums -- they are the only hope to find collaborators with common interests.** I'm not proposing myself -- I'm content to be an interested spectator.* But there are many who should be working together on this problem.** Hopefully I'll see the results of this before I'm out of the picture.

*

Charles Wilkes



*

On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com> wrote:

Shivanand

Hope this comes out corrent!!
*
Frankly Sam, I agree with you This does look like the answer. According to willama, the author of this EA made a few errors in implementing the strategy - Perhaps that was a good error! This robot seems to work amazingly well.
*
My last statment posted here must have showed an equity of 3 799.29 - But now when I write this it is 3 946.05 ! All trades closed with a few pending orders.
I intend to let this EA run my live account from Monday using micro lots at 1 cent per pip (Tempted to do it with a full lot though lol )


Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

--- On Fri, 6/27/08, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:

From: Shivanand <shivanund (AT) yahoo (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Friday, June 27, 2008, 10:58 AM











Something went wrong with my last post lol
*
Frankly Sam, I agree with you This does look like the answer. According to willama, the author of this EA made a few errors in implementing the strategy -*Perhaps that was a good error! This robot seems to work amazingly well.
*
My last statment posted here must have showed an equity of
3 799.29- But now when I write this it is
3 946.05 !*All trades closed with a few pending orders.

*
I intend to let*this EA run my live account*from Monday using micro lots*at*1 cent per pip (Tempted to do it with a full lot though lol )*




Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradeguide. cn

--- On Fri, 6/27/08, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:


From: Shivanand <shivanund (AT) yahoo (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Date: Friday, June 27, 2008, 10:51 AM









Frankly Sam, I agree with you This does look like the answer. According to willama, the author of this EA made a few errors in implementing the strategy -*Perhaps that was a good error! This robot seems to work amazingly well.
*
My last statment posted here must have showed an equity of
3 799.29- But now when I write this it is
3 946.05 !*All trades closed with a few pending orders.

*
I intend to let*this EA run my live account*from Monday using micro lots*at*1 cent per pip (Tempted to do it with a full lot though lol )*



Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradeguide. cn

--- On Fri, 6/27/08, Sam <cci2fx (AT) gmail (DOT) com> wrote:


From: Sam <cci2fx (AT) gmail (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Date: Friday, June 27, 2008, 9:19 AM





Shivanand,
*
Thanks for the head up on Willama system.* The result is nice and may be this is the answer to our search.*
*
Sam
*

----- Original Message -----
From: Shivanand
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Sent: Friday, June 27, 2008 9:28 AM
Subject: [MT_E and I] Mod EA of WIllama system








Hi guys, here is the final statment of this EA which was supposed to be run as per willama's system ( http://www.forexpea cearmy.com/ forex-forum/ forex-trading- systems-strategi es/2397-williama s-trading- system.html*)
*
Its on ALpari Demo at 1:100 leverage with opening balance of 3000.00
*
EA Attached

Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradeguide. cn

--- On Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:

From: Eben Brand <eben.brand (AT) gmail (DOT) com>
Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Date: Friday, June 27, 2008, 6:16 AM






As always, very sensible, Charles!!
*
While having said that, there is one thing that does repeat itself, and that’s chart patterns, in the bigger scheme of things, esp on the 4H and D1 TFs, so maybe I can rally some support from likeminded individuals to build an EA that matches chart patterns to a known set of patterns, and then trades on ‘the last leg’ of the pattern, which is essentially what the BIG divergence / gartley traders do. To time entry one could then look at e.g. bollinger and divergence between MACD and price movement, which indicates something is to happen soon.
*
Just musing away here, also a bit disillusioned with the average EA, even with the ‘good’ EA… At the same time I do believe it is possible to develop EAs that are profitable, and that somehow use price action to determine its course of action.
*
I also believe that there are ways to capture market movements with a grid-based system, some brokers will just complain over the large number of orders being placed – not sure why, as it means more profit for them.
*
Regards
Eben
*
*


From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf Of Charles Wilkes
Sent: 27 June 2008 12:16 PM
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Subject: Re: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
*




Wow!** This is certainly radical, yet many have told me exactly the same thing (indicators don't work), and the logic re EAs not working is certainly correct in my experience.** I've got maybe a thousand -- well, at least several hundred EAs, none of which work consistently.** And if they did, the author would be using them, not selling them or giving them away (we are all soft hearted here).** So the comments here are spot on.

*

What to do about it.** I've pretty much given up on EAs, but I do try to use the power of the computer to help me trade manually.** I have also given up long ago on the idea of artificial intelligence -- doesn't work either, and that is what EAs try to implement I think.** But the author of this original note came up with something I hadn't considered -- that they could be a way to use the power of the computer in new ways to "win" that is beyond the power of the brain at least as we know it.** If this is true, then pure math is the only hope to figure that out for sure.* But yet many indicators were written or originally proposed by some of the best math wizards the world has yet produced.** Doesn't mean they were the best that will ever exist -- that is an evolving field as well as everything else that humanity has ever done.

*

So the proposed idea of profit catching is one idea which certainly should be developed.** And time will work it's evolutionary magic and find many other ways as it always has.** But for this to happen, there must be collaboration between idea developers.** It will never happen in the dark by a single individual, no matter what his genius level may be.** So at least in my opinion it's certainly okay*to make a fresh start -- abandon indicators (many have done this already), but don't abandon working together with others of like minds.** Please don't give up on forums -- they are the only hope to find collaborators with common interests.** I'm not proposing myself -- I'm content to be an interested spectator.* But there are many who should be working together on this problem.** Hopefully I'll see the results of this before I'm out of the picture.

*

Charles Wilkes



*

On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com> wrote:

Forex Optimist

Hi Shiva ;-)

Pretty cool statement you have there. I read right throught the FPA
thread (the blue typeface is hard on the eyes!) and just when I
thought I had grasped the concept, i.e. doubling lots in the opposite
direction, out popped that EA with no lot doubling. But apparently
it's normal, for reasons that I will doubtless grasp later lol. Anyway
it seems to work. But we must be careful of over-trading.

Happy live trading with it, keep us posted!

^ Optimist ^




On Fri, Jun 27, 2008 at 8:16 PM, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:
> Hope this comes out corrent!!
>
>
>
> Frankly Sam, I agree with you This does look like the answer. According to
> willama, the author of this EA made a few errors in implementing the
> strategy - Perhaps that was a good error! This robot seems to work
> amazingly well.
>
> My last statment posted here must have showed an equity of 3 799.29 - But
> now when I write this it is 3 946.05 ! All trades closed with a few pending
> orders.
>
> I intend to let this EA run my live account from Monday using micro lots at
> 1 cent per pip (Tempted to do it with a full lot though lol )
>
> Warm Regards
>
> Shiva
> http://www.nyfx.org
> http://www.dubaitradeguide.com
> http://www.tradeguide.cn
>
> --- On Fri, 6/27/08, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:
>
> From: Shivanand <shivanund (AT) yahoo (DOT) com>
> Subject: Re: [MT_E and I] Mod EA of WIllama system
> To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
> Date: Friday, June 27, 2008, 10:58 AM
>
> Something went wrong with my last post lol
>
>
>
> Frankly Sam, I agree with you This does look like the answer. According to
> willama, the author of this EA made a few errors in implementing the
> strategy - Perhaps that was a good error! This robot seems to work
> amazingly well.
>
>
>
> My last statment posted here must have showed an equity of
>
> 3 799.29- But now when I write this it is 3 946.05 ! All trades closed with
> a few pending orders.
>
>
>
> I intend to let this EA run my live account from Monday using micro
> lots at 1 cent per pip (Tempted to do it with a full lot though lol )
>
>
>
>
> Warm Regards
>
> Shiva
> http://www.nyfx. org
> http://www.dubaitradeguide .com
> http://www.tradeguide. cn
>
> --- On Fri, 6/27/08, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:
>
> From: Shivanand <shivanund (AT) yahoo (DOT) com>
> Subject: Re: [MT_E and I] Mod EA of WIllama system
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Date: Friday, June 27, 2008, 10:51 AM
>
> Frankly Sam, I agree with you This does look like the answer. According to
> willama, the author of this EA made a few errors in implementing the
> strategy - Perhaps that was a good error! This robot seems to work
> amazingly well.
>
>
>
> My last statment posted here must have showed an equity of
>
> 3 799.29- But now when I write this it is 3 946.05 ! All trades closed with
> a few pending orders.
>
>
>
> I intend to let this EA run my live account from Monday using micro
> lots at 1 cent per pip (Tempted to do it with a full lot though lol )
>
>
>
> Warm Regards
>
> Shiva
> http://www.nyfx. org
> http://www.dubaitradeguide .com
> http://www.tradeguide. cn
>
> --- On Fri, 6/27/08, Sam <cci2fx (AT) gmail (DOT) com> wrote:
>
> From: Sam <cci2fx (AT) gmail (DOT) com>
> Subject: Re: [MT_E and I] Mod EA of WIllama system
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Date: Friday, June 27, 2008, 9:19 AM
>
> Shivanand,
>
> Thanks for the head up on Willama system. The result is nice and may be
> this is the answer to our search.
>
> Sam
>
>
> ----- Original Message -----
> From: Shivanand
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Sent: Friday, June 27, 2008 9:28 AM
> Subject: [MT_E and I] Mod EA of WIllama system
>
> Hi guys, here is the final statment of this EA which was supposed to be run
> as per willama's system ( http://www.forexpea cearmy.com/ forex-forum/
> forex-trading- systems-strategi es/2397-williama s-trading- system.html )
>
>
>
> Its on ALpari Demo at 1:100 leverage with opening balance of 3000.00
>
>
>
> EA Attached
>
> Warm Regards
>
> Shiva
> http://www.nyfx. org
> http://www.dubaitradeguide .com
> http://www.tradeguide. cn
>
> --- On Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:
>
> From: Eben Brand <eben.brand (AT) gmail (DOT) com>
> Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use
> indicators
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Date: Friday, June 27, 2008, 6:16 AM
>
> As always, very sensible, Charles!!
>
>
>
> While having said that, there is one thing that does repeat itself, and
> that's chart patterns, in the bigger scheme of things, esp on the 4H and D1
> TFs, so maybe I can rally some support from likeminded individuals to build
> an EA that matches chart patterns to a known set of patterns, and then
> trades on 'the last leg' of the pattern, which is essentially what the BIG
> divergence / gartley traders do. To time entry one could then look at e.g..
> bollinger and divergence between MACD and price movement, which indicates
> something is to happen soon.
>
>
>
> Just musing away here, also a bit disillusioned with the average EA, even
> with the 'good' EA… At the same time I do believe it is possible to develop
> EAs that are profitable, and that somehow use price action to determine its
> course of action.
>
>
>
> I also believe that there are ways to capture market movements with a
> grid-based system, some brokers will just complain over the large number of
> orders being placed – not sure why, as it means more profit for them.
>
>
>
> Regards
>
> Eben
>
>
>
>
>
> From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf Of
> Charles Wilkes
> Sent: 27 June 2008 12:16 PM
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Subject: Re: [MT_E and I] Winning EAs= Math based EAs that don't use
> indicators
>
>
>
> Wow! This is certainly radical, yet many have told me exactly the same
> thing (indicators don't work), and the logic re EAs not working is certainly
> correct in my experience. I've got maybe a thousand -- well, at least
> several hundred EAs, none of which work consistently. And if they did, the
> author would be using them, not selling them or giving them away (we are all
> soft hearted here). So the comments here are spot on.
>
>
>
> What to do about it. I've pretty much given up on EAs, but I do try to use
> the power of the computer to help me trade manually. I have also given up
> long ago on the idea of artificial intelligence -- doesn't work either, and
> that is what EAs try to implement I think. But the author of this original
> note came up with something I hadn't considered -- that they could be a way
> to use the power of the computer in new ways to "win" that is beyond the
> power of the brain at least as we know it. If this is true, then pure math
> is the only hope to figure that out for sure. But yet many indicators were
> written or originally proposed by some of the best math wizards the world
> has yet produced. Doesn't mean they were the best that will ever exist --
> that is an evolving field as well as everything else that humanity has ever
> done.
>
>
>
> So the proposed idea of profit catching is one idea which certainly should
> be developed. And time will work it's evolutionary magic and find many
> other ways as it always has. But for this to happen, there must be
> collaboration between idea developers. It will never happen in the dark by
> a single individual, no matter what his genius level may be. So at least
> in my opinion it's certainly okay to make a fresh start -- abandon
> indicators (many have done this already), but don't abandon working together
> with others of like minds. Please don't give up on forums -- they are the
> only hope to find collaborators with common interests. I'm not proposing
> myself -- I'm content to be an interested spectator. But there are many who
> should be working together on this problem. Hopefully I'll see the results
> of this before I'm out of the picture.
>
>
>
> Charles Wilkes
>
>
>
> On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com>
> wrote:
>
>

------------------------------------

For archives of Experts and Indicators from the MetaTrader Experts and Indicators Group
See http://www.forexmt4.com/ or http://www.lightpatch.com/forex
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Shivanand

Lol, I will do that I hope my live trials with this are as good as my demo

Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

--- On Fri, 6/27/08, Forex Optimist <forex.optimist (AT) gmail (DOT) com> wrote:

From: Forex Optimist <forex.optimist (AT) gmail (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Friday, June 27, 2008, 11:38 AM

Hi Shiva ;-)

Pretty cool statement you have there. I read right throught the FPA
thread (the blue typeface is hard on the eyes!) and just when I
thought I had grasped the concept, i.e. doubling lots in the opposite
direction, out popped that EA with no lot doubling. But apparently
it's normal, for reasons that I will doubtless grasp later lol. Anyway
it seems to work. But we must be careful of over-trading.

Happy live trading with it, keep us posted!

^ Optimist ^




On Fri, Jun 27, 2008 at 8:16 PM, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:
> Hope this comes out corrent!!
>
>
>
> Frankly Sam, I agree with you This does look like the answer. According
to
> willama, the author of this EA made a few errors in implementing the
> strategy - Perhaps that was a good error! This robot seems to work
> amazingly well.
>
> My last statment posted here must have showed an equity of 3 799.29 - But
> now when I write this it is 3 946.05 ! All trades closed with a few
pending
> orders.
>
> I intend to let this EA run my live account from Monday using micro lots
at
> 1 cent per pip (Tempted to do it with a full lot though lol )
>
> Warm Regards
>
> Shiva
> http://www.nyfx.org
> http://www.dubaitradeguide.com
> http://www.tradeguide.cn
>
> --- On Fri, 6/27/08, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:
>
> From: Shivanand <shivanund (AT) yahoo (DOT) com>
> Subject: Re: [MT_E and I] Mod EA of WIllama system
> To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
> Date: Friday, June 27, 2008, 10:58 AM
>
> Something went wrong with my last post lol
>
>
>
> Frankly Sam, I agree with you This does look like the answer. According
to
> willama, the author of this EA made a few errors in implementing the
> strategy - Perhaps that was a good error! This robot seems to work
> amazingly well.
>
>
>
> My last statment posted here must have showed an equity of
>
> 3 799.29- But now when I write this it is 3 946.05 ! All trades closed
with
> a few pending orders.
>
>
>
> I intend to let this EA run my live account from Monday using micro
> lots at 1 cent per pip (Tempted to do it with a full lot though lol )
>
>
>
>
> Warm Regards
>
> Shiva
> http://www.nyfx. org
> http://www.dubaitradeguide .com
> http://www.tradeguide. cn
>
> --- On Fri, 6/27/08, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:
>
> From: Shivanand <shivanund (AT) yahoo (DOT) com>
> Subject: Re: [MT_E and I] Mod EA of WIllama system
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Date: Friday, June 27, 2008, 10:51 AM
>
> Frankly Sam, I agree with you This does look like the answer. According
to
> willama, the author of this EA made a few errors in implementing the
> strategy - Perhaps that was a good error! This robot seems to work
> amazingly well.
>
>
>
> My last statment posted here must have showed an equity of
>
> 3 799.29- But now when I write this it is 3 946.05 ! All trades closed
with
> a few pending orders.
>
>
>
> I intend to let this EA run my live account from Monday using micro
> lots at 1 cent per pip (Tempted to do it with a full lot though lol )
>
>
>
> Warm Regards
>
> Shiva
> http://www.nyfx. org
> http://www.dubaitradeguide .com
> http://www.tradeguide. cn
>
> --- On Fri, 6/27/08, Sam <cci2fx (AT) gmail (DOT) com> wrote:
>
> From: Sam <cci2fx (AT) gmail (DOT) com>
> Subject: Re: [MT_E and I] Mod EA of WIllama system
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Date: Friday, June 27, 2008, 9:19 AM
>
> Shivanand,
>
> Thanks for the head up on Willama system. The result is nice and may be
> this is the answer to our search.
>
> Sam
>
>
> ----- Original Message -----
> From: Shivanand
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Sent: Friday, June 27, 2008 9:28 AM
> Subject: [MT_E and I] Mod EA of WIllama system
>
> Hi guys, here is the final statment of this EA which was supposed to be
run
> as per willama's system ( http://www.forexpea cearmy.com/ forex-forum/
> forex-trading- systems-strategi es/2397-williama s-trading- system.html )
>
>
>
> Its on ALpari Demo at 1:100 leverage with opening balance of 3000.00
>
>
>
> EA Attached
>
> Warm Regards
>
> Shiva
> http://www.nyfx. org
> http://www.dubaitradeguide .com
> http://www.tradeguide. cn
>
> --- On Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:
>
> From: Eben Brand <eben.brand (AT) gmail (DOT) com>
> Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use
> indicators
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Date: Friday, June 27, 2008, 6:16 AM
>
> As always, very sensible, Charles!!
>
>
>
> While having said that, there is one thing that does repeat itself, and
> that's chart patterns, in the bigger scheme of things, esp on the 4H
and D1
> TFs, so maybe I can rally some support from likeminded individuals to
build
> an EA that matches chart patterns to a known set of patterns, and then
> trades on 'the last leg' of the pattern, which is essentially what
the BIG
> divergence / gartley traders do. To time entry one could then look at e.g..
> bollinger and divergence between MACD and price movement, which indicates
> something is to happen soon.
>
>
>
> Just musing away here, also a bit disillusioned with the average EA, even
> with the 'good' EA… At the same time I do believe it is possible
to develop
> EAs that are profitable, and that somehow use price action to determine
its
> course of action.
>
>
>
> I also believe that there are ways to capture market movements with a
> grid-based system, some brokers will just complain over the large number
of
> orders being placed – not sure why, as it means more profit for them.
>
>
>
> Regards
>
> Eben
>
>
>
>
>
> From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf
Of
> Charles Wilkes
> Sent: 27 June 2008 12:16 PM
> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
> Subject: Re: [MT_E and I] Winning EAs= Math based EAs that don't use
> indicators
>
>
>
> Wow! This is certainly radical, yet many have told me exactly the same
> thing (indicators don't work), and the logic re EAs not working is
certainly
> correct in my experience. I've got maybe a thousand -- well, at
least
> several hundred EAs, none of which work consistently. And if they did,
the
> author would be using them, not selling them or giving them away (we are
all
> soft hearted here). So the comments here are spot on.
>
>
>
> What to do about it. I've pretty much given up on EAs, but I do try
to use
> the power of the computer to help me trade manually. I have also given
up
> long ago on the idea of artificial intelligence -- doesn't work
either, and
> that is what EAs try to implement I think. But the author of this
original
> note came up with something I hadn't considered -- that they could be
a way
> to use the power of the computer in new ways to "win" that is
beyond the
> power of the brain at least as we know it. If this is true, then pure
math
> is the only hope to figure that out for sure. But yet many indicators
were
> written or originally proposed by some of the best math wizards the world
> has yet produced. Doesn't mean they were the best that will ever
exist --
> that is an evolving field as well as everything else that humanity has
ever
> done.
>
>
>
> So the proposed idea of profit catching is one idea which certainly should
> be developed. And time will work it's evolutionary magic and find
many
> other ways as it always has. But for this to happen, there must be
> collaboration between idea developers. It will never happen in the dark
by
> a single individual, no matter what his genius level may be. So at least
> in my opinion it's certainly okay to make a fresh start -- abandon
> indicators (many have done this already), but don't abandon working
together
> with others of like minds. Please don't give up on forums -- they
are the
> only hope to find collaborators with common interests. I'm not
proposing
> myself -- I'm content to be an interested spectator. But there are
many who
> should be working together on this problem. Hopefully I'll see the
results
> of this before I'm out of the picture.
>
>
>
> Charles Wilkes
>
>
>
> On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@
yahoo.com>
> wrote:
>
>

------------------------------------

For archives of Experts and Indicators from the MetaTrader Experts and
Indicators Group
See http://www.forexmt4.com/ or http://www.lightpatch.com/forex
Yahoo! Groups Links



http://docs.yahoo.com/info/terms/

Mantorp

Shiva,

have you added the EA to more than one chart at all? I can't get it to work
on more than one at a time.

Thanks
>
>
>
> On Fri, Jun 27, 2008 at 1:51 PM, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:
>
>> Frankly Sam, I agree with you This does look like the answer.
>> According to willama, the author of this EA made a few errors in
>> implementing the strategy - Perhaps that was a good error! This robot
>> seems to work amazingly well.
>>
>>
>>
>> My last statment posted here must have showed an equity of
>> *3 799.29* - But now when I write this it is *3 946.05 !* All trades
>> closed with a few pending orders.
>>
>>
>>
>> I intend to let this EA run my live account from Monday using micro
>> lots at 1 cent per pip (Tempted to do it with a full lot though lol )
>> ****
>>
>> Warm Regards
>>
>> Shiva
>> http://www.nyfx.org
>> http://www.dubaitradeguide.com
>> http://www.tradeguide.cn
>>
>> --- On *Fri, 6/27/08, Sam <cci2fx (AT) gmail (DOT) com>* wrote:
>>
>> From: Sam <cci2fx (AT) gmail (DOT) com>
>> Subject: Re: [MT_E and I] Mod EA of WIllama system
>> To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
>> Date: Friday, June 27, 2008, 9:19 AM
>>
>> Shivanand,
>>
>> Thanks for the head up on Willama system. The result is nice and may be
>> this is the answer to our search.
>>
>> Sam
>>
>>
>> ----- Original Message -----
>> *From:* Shivanand <shivanund (AT) yahoo (DOT) com>
>> *To:* MetaTrader_Experts_ and_Indicators@ yahoogroups. com<MetaTrader_Experts_and_Indicators (AT) yahoogroups (DOT) com>
>> *Sent:* Friday, June 27, 2008 9:28 AM
>> *Subject:* [MT_E and I] Mod EA of WIllama system
>>
>> Hi guys, here is the final statment of this EA which was supposed to
>> be run as per willama's system ( http://www.forexpea cearmy.com/
>> forex-forum/ forex-trading- systems-strategi es/2397-williama s-trading-
>> system.html<http://www.forexpeacearmy.com/forex-forum/forex-trading-systems-strategies/2397-williamas-trading-system.html>
>> )
>>
>>
>>
>>
>> <http://www.forexpeacearmy.com/forex-forum/forex-trading-systems-strategies/2397-williamas-trading-system-post7664.html#post7664>Its
>> on ALpari Demo at 1:100 leverage with opening balance of 3000.00
>>
>>
>>
>> EA Attached
>>
>> Warm Regards
>>
>> Shiva
>> http://www.nyfx. org
>> <http://www.nyfx.org/>http://www.dubaitradeguide .com
>> <http://www.dubaitradeguide.com/>http://www.tradeguide. cn<http://www.tradeguide.cn/>
>>
>> --- On *Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com>* wrote:
>>
>> From: Eben Brand <eben.brand (AT) gmail (DOT) com>
>> Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use
>> indicators
>> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
>> Date: Friday, June 27, 2008, 6:16 AM
>>
>> As always, very sensible, Charles!!
>>
>>
>>
>> While having said that, there is one thing that does repeat itself, and
>> that's chart patterns, in the bigger scheme of things, esp on the 4H and D1
>> TFs, so maybe I can rally some support from likeminded individuals to build
>> an EA that matches chart patterns to a known set of patterns, and then
>> trades on 'the last leg' of the pattern, which is essentially what the BIG
>> divergence / gartley traders do. To time entry one could then look at e.g.
>> bollinger and divergence between MACD and price movement, which indicates
>> something is to happen soon.
>>
>>
>>
>> Just musing away here, also a bit disillusioned with the average EA, even
>> with the 'good' EA… At the same time I do believe it is possible to develop
>> EAs that are profitable, and that somehow use price action to determine its
>> course of action.
>>
>>
>>
>> I also believe that there are ways to capture market movements with a
>> grid-based system, some brokers will just complain over the large number of
>> orders being placed – not sure why, as it means more profit for them.
>>
>>
>>
>> Regards
>>
>> Eben
>>
>>
>>
>>
>>
>> *From:* MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:
>> MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] *On Behalf Of *Charles
>> Wilkes
>> *Sent:* 27 June 2008 12:16 PM
>> *To:* MetaTrader_Experts_ and_Indicators@ yahoogroups. com
>> *Subject:* Re: [MT_E and I] Winning EAs= Math based EAs that don't use
>> indicators
>>
>>
>>
>> Wow! This is certainly radical, yet many have told me exactly the same
>> thing (indicators don't work), and the logic re EAs not working is certainly
>> correct in my experience. I've got maybe a thousand -- well, at least
>> several hundred EAs, none of which work consistently. And if they did, the
>> author would be using them, not selling them or giving them away (we are all
>> soft hearted here). So the comments here are spot on.
>>
>>
>>
>> What to do about it. I've pretty much given up on EAs, but I do try to
>> use the power of the computer to help me trade manually. I have also given
>> up long ago on the idea of artificial intelligence -- doesn't work either,
>> and that is what EAs try to implement I think. But the author of this
>> original note came up with something I hadn't considered -- that they could
>> be a way to use the power of the computer in new ways to "win" that is
>> beyond the power of the brain at least as we know it. If this is true,
>> then pure math is the only hope to figure that out for sure. But yet many
>> indicators were written or originally proposed by some of the best math
>> wizards the world has yet produced. Doesn't mean they were the best that
>> will ever exist -- that is an evolving field as well as everything else that
>> humanity has ever done.
>>
>>
>>
>> So the proposed idea of profit catching is one idea which certainly should
>> be developed. And time will work it's evolutionary magic and find many
>> other ways as it always has. But for this to happen, there must be
>> collaboration between idea developers. It will never happen in the dark by
>> a single individual, no matter what his genius level may be. So at least
>> in my opinion it's certainly okay to make a fresh start -- abandon
>> indicators (many have done this already), but don't abandon working together
>> with others of like minds. Please don't give up on forums -- they are the
>> only hope to find collaborators with common interests. I'm not proposing
>> myself -- I'm content to be an interested spectator. But there are many who
>> should be working together on this problem. Hopefully I'll see the results
>> of this before I'm out of the picture.
>>
>>
>>
>> Charles Wilkes
>>
>>
>>
>>
>>
>> On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com<stevenensign (AT) yahoo (DOT) com>>
>> wrote:
>>
>>
>>
>
>

Charles Wilkes

Sounds to me like a magic number problem. Has anyone checked for this?
Charles Wilkes

On Fri, Jun 27, 2008 at 11:00 AM, Mantorp <mantorp (AT) gmail (DOT) com> wrote:

> Shiva,
>
> have you added the EA to more than one chart at all? I can't get it to work
> on more than one at a time.
>
> Thanks
>
>>
>>
>> On Fri, Jun 27, 2008 at 1:51 PM, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:
>>
>>> Frankly Sam, I agree with you This does look like the answer.
>>> According to willama, the author of this EA made a few errors in
>>> implementing the strategy - Perhaps that was a good error! This robot
>>> seems to work amazingly well.
>>>
>>>
>>>
>>> My last statment posted here must have showed an equity of
>>> *3 799.29* - But now when I write this it is *3 946.05 !* All trades
>>> closed with a few pending orders.
>>>
>>>
>>>
>>> I intend to let this EA run my live account from Monday using micro
>>> lots at 1 cent per pip (Tempted to do it with a full lot though lol )
>>> ** **
>>>
>>> Warm Regards
>>>
>>> Shiva
>>> http://www.nyfx.org
>>> http://www.dubaitradeguide.com
>>> http://www.tradeguide.cn
>>>
>>> --- On *Fri, 6/27/08, Sam <cci2fx (AT) gmail (DOT) com>* wrote:
>>>
>>> From: Sam <cci2fx (AT) gmail (DOT) com>
>>> Subject: Re: [MT_E and I] Mod EA of WIllama system
>>> To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
>>> Date: Friday, June 27, 2008, 9:19 AM
>>>
>>> Shivanand,
>>>
>>> Thanks for the head up on Willama system. The result is nice and may be
>>> this is the answer to our search.
>>>
>>> Sam
>>>
>>>
>>> ----- Original Message -----
>>> *From:* Shivanand <shivanund (AT) yahoo (DOT) com>
>>> *To:* MetaTrader_Experts_ and_Indicators@ yahoogroups. com<MetaTrader_Experts_and_Indicators (AT) yahoogroups (DOT) com>
>>> *Sent:* Friday, June 27, 2008 9:28 AM
>>> *Subject:* [MT_E and I] Mod EA of WIllama system
>>>
>>> Hi guys, here is the final statment of this EA which was supposed
>>> to be run as per willama's system ( http://www.forexpea cearmy.com/
>>> forex-forum/ forex-trading- systems-strategi es/2397-williama s-trading-
>>> system.html<http://www.forexpeacearmy.com/forex-forum/forex-trading-systems-strategies/2397-williamas-trading-system.html>
>>> )
>>>
>>>
>>>
>>>
>>> <http://www.forexpeacearmy.com/forex-forum/forex-trading-systems-strategies/2397-williamas-trading-system-post7664.html#post7664>Its
>>> on ALpari Demo at 1:100 leverage with opening balance of 3000.00
>>>
>>>
>>>
>>> EA Attached
>>>
>>> Warm Regards
>>>
>>> Shiva
>>> http://www.nyfx. org
>>> <http://www.nyfx.org/>http://www.dubaitradeguide .com
>>> <http://www.dubaitradeguide.com/>http://www.tradeguide. cn<http://www.tradeguide.cn/>
>>>
>>> --- On *Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com>* wrote:
>>>
>>> From: Eben Brand <eben.brand (AT) gmail (DOT) com>
>>> Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use
>>> indicators
>>> To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
>>> Date: Friday, June 27, 2008, 6:16 AM
>>>
>>> As always, very sensible, Charles!!
>>>
>>>
>>>
>>> While having said that, there is one thing that does repeat itself, and
>>> that's chart patterns, in the bigger scheme of things, esp on the 4H and D1
>>> TFs, so maybe I can rally some support from likeminded individuals to build
>>> an EA that matches chart patterns to a known set of patterns, and then
>>> trades on 'the last leg' of the pattern, which is essentially what the BIG
>>> divergence / gartley traders do. To time entry one could then look at e..g.
>>> bollinger and divergence between MACD and price movement, which indicates
>>> something is to happen soon.
>>>
>>>
>>>
>>> Just musing away here, also a bit disillusioned with the average EA, even
>>> with the 'good' EA… At the same time I do believe it is possible to develop
>>> EAs that are profitable, and that somehow use price action to determine its
>>> course of action.
>>>
>>>
>>>
>>> I also believe that there are ways to capture market movements with a
>>> grid-based system, some brokers will just complain over the large number of
>>> orders being placed – not sure why, as it means more profit for them.
>>>
>>>
>>>
>>> Regards
>>>
>>> Eben
>>>
>>>
>>>
>>>
>>>
>>> *From:* MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:
>>> MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] *On Behalf Of *Charles
>>> Wilkes
>>> *Sent:* 27 June 2008 12:16 PM
>>> *To:* MetaTrader_Experts_ and_Indicators@ yahoogroups. com
>>> *Subject:* Re: [MT_E and I] Winning EAs= Math based EAs that don't use
>>> indicators
>>>
>>>
>>>
>>> Wow! This is certainly radical, yet many have told me exactly the same
>>> thing (indicators don't work), and the logic re EAs not working is certainly
>>> correct in my experience. I've got maybe a thousand -- well, at least
>>> several hundred EAs, none of which work consistently. And if they did, the
>>> author would be using them, not selling them or giving them away (we are all
>>> soft hearted here). So the comments here are spot on.
>>>
>>>
>>>
>>> What to do about it. I've pretty much given up on EAs, but I do try to
>>> use the power of the computer to help me trade manually. I have also given
>>> up long ago on the idea of artificial intelligence -- doesn't work either,
>>> and that is what EAs try to implement I think. But the author of this
>>> original note came up with something I hadn't considered -- that they could
>>> be a way to use the power of the computer in new ways to "win" that is
>>> beyond the power of the brain at least as we know it. If this is true,
>>> then pure math is the only hope to figure that out for sure. But yet many
>>> indicators were written or originally proposed by some of the best math
>>> wizards the world has yet produced. Doesn't mean they were the best that
>>> will ever exist -- that is an evolving field as well as everything else that
>>> humanity has ever done.
>>>
>>>
>>>
>>> So the proposed idea of profit catching is one idea which certainly
>>> should be developed. And time will work it's evolutionary magic and find
>>> many other ways as it always has. But for this to happen, there must be
>>> collaboration between idea developers. It will never happen in the dark by
>>> a single individual, no matter what his genius level may be. So at least
>>> in my opinion it's certainly okay to make a fresh start -- abandon
>>> indicators (many have done this already), but don't abandon working together
>>> with others of like minds. Please don't give up on forums -- they are the
>>> only hope to find collaborators with common interests. I'm not proposing
>>> myself -- I'm content to be an interested spectator. But there are many who
>>> should be working together on this problem. Hopefully I'll see the results
>>> of this before I'm out of the picture.
>>>
>>>
>>>
>>> Charles Wilkes
>>>
>>>
>>>
>>>
>>>
>>> On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com<stevenensign (AT) yahoo (DOT) com>>
>>> wrote:
>>>
>>>
>>
>
>



--

Shivanand

No Mantor, for some reason it wont work with any pair other than GBPJPY. Went through the code and couldnt figure out where this could be changed/

Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

--- On Fri, 6/27/08, Mantorp <mantorp (AT) gmail (DOT) com> wrote:

From: Mantorp <mantorp (AT) gmail (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Friday, June 27, 2008, 11:00 AM






Shiva,

have you added the EA to more than one chart at all? I can't get it to work on more than one at a time.

Thanks







On Fri, Jun 27, 2008 at 1:51 PM, Shivanand <shivanund (AT) yahoo (DOT) com> wrote:











Frankly Sam, I agree with you This does look like the answer. According to willama, the author of this EA made a few errors in implementing the strategy -*Perhaps that was a good error! This robot seems to work amazingly well.
*
My last statment posted here must have showed an equity of
3 799.29
- But now when I write this it is
3 946.05 !*All trades closed with a few pending orders.

*
I intend to let*this EA run my live account*from Monday using micro lots*at*1 cent per pip (Tempted to do it with a full lot though lol )
*





Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradeguide. cn

--- On Fri, 6/27/08, Sam <cci2fx (AT) gmail (DOT) com> wrote:

From: Sam <cci2fx (AT) gmail (DOT) com>
Subject: Re: [MT_E and I] Mod EA of WIllama system

To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Date: Friday, June 27, 2008, 9:19 AM






Shivanand,
*
Thanks for the head up on Willama system.* The result is nice and may be this is the answer to our search.*
*
Sam
*


----- Original Message -----
From: Shivanand
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Sent: Friday, June 27, 2008 9:28 AM
Subject: [MT_E and I] Mod EA of WIllama system











Hi guys, here is the final statment of this EA which was supposed to be run as per willama's system ( http://www.forexpea cearmy.com/ forex-forum/ forex-trading- systems-strategi es/2397-williama s-trading- system.html*)
*
Its on ALpari Demo at 1:100 leverage with opening balance of 3000.00
*
EA Attached

Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradeguide. cn

--- On Fri, 6/27/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:

From: Eben Brand <eben.brand (AT) gmail (DOT) com>
Subject: RE: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Date: Friday, June 27, 2008, 6:16 AM






As always, very sensible, Charles!!
*
While having said that, there is one thing that does repeat itself, and that's chart patterns, in the bigger scheme of things, esp on the 4H and D1 TFs, so maybe I can rally some support from likeminded individuals to build an EA that matches chart patterns to a known set of patterns, and then trades on 'the last leg' of the pattern, which is essentially what the BIG divergence / gartley traders do. To time entry one could then look at e.g. bollinger and divergence between MACD and price movement, which indicates something is to happen soon.
*
Just musing away here, also a bit disillusioned with the average EA, even with the 'good' EA… At the same time I do believe it is possible to develop EAs that are profitable, and that somehow use price action to determine its course of action.
*
I also believe that there are ways to capture market movements with a grid-based system, some brokers will just complain over the large number of orders being placed – not sure why, as it means more profit for them.
*
Regards
Eben
*
*


From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf Of Charles Wilkes
Sent: 27 June 2008 12:16 PM
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Subject: Re: [MT_E and I] Winning EAs= Math based EAs that don't use indicators
*




Wow!** This is certainly radical, yet many have told me exactly the same thing (indicators don't work), and the logic re EAs not working is certainly correct in my experience.** I've got maybe a thousand -- well, at least several hundred EAs, none of which work consistently.** And if they did, the author would be using them, not selling them or giving them away (we are all soft hearted here).** So the comments here are spot on.

*

What to do about it.** I've pretty much given up on EAs, but I do try to use the power of the computer to help me trade manually.** I have also given up long ago on the idea of artificial intelligence -- doesn't work either, and that is what EAs try to implement I think.** But the author of this original note came up with something I hadn't considered -- that they could be a way to use the power of the computer in new ways to "win" that is beyond the power of the brain at least as we know it.** If this is true, then pure math is the only hope to figure that out for sure.* But yet many indicators were written or originally proposed by some of the best math wizards the world has yet produced.** Doesn't mean they were the best that will ever exist -- that is an evolving field as well as everything else that humanity has ever done.

*

So the proposed idea of profit catching is one idea which certainly should be developed.** And time will work it's evolutionary magic and find many other ways as it always has.** But for this to happen, there must be collaboration between idea developers.** It will never happen in the dark by a single individual, no matter what his genius level may be.** So at least in my opinion it's certainly okay*to make a fresh start -- abandon indicators (many have done this already), but don't abandon working together with others of like minds.** Please don't give up on forums -- they are the only hope to find collaborators with common interests.** I'm not proposing myself -- I'm content to be an interested spectator.* But there are many who should be working together on this problem.** Hopefully I'll see the results of this before I'm out of the picture.

*

Charles Wilkes



*

On Fri, Jun 27, 2008 at 2:27 AM, StevenEnsign <stevenensign@ yahoo.com> wrote: