Thursday, 28 August 2008

 

v3 10pipspro settings

I strongly urged those who demo the v3 use this settings.

Broker FXDD. If you use other brokers, please change the server time.

1. EURUSD (this setting is good if u like to scalp 20 pips a day)

TakeProfit = 20
StopLoss = 154
UseHourTrade = true
StartHour = 5 (IBFX time=2)
EndHour = 23 (IBFX time=20)
OnlyOneOrderPerDay = true

2. USDJPY
TakeProfit = 25
StopLoss = 69
UseHourTrade = true
StartHour = 7 (IBFX time=4)
EndHour = 9 (IBFX time=6)

OnlyOneOrderPerDay = true

3. EURGBP
TakeProfit = 16
StopLoss = 161
UseHourTrade = true
StartHour = 12 (IBFX time=9)
EndHour = 23 (IBFX time=20)
OnlyOneOrderPerDay = true

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Comments:
Correlated Hedge Trading System

I have spent countless hours of Trading Forex, spend a heck amount of time reading all kinds of materials, saving and testing all kinds of Indicators. I have loss quite a lot of money before, and have throughout time, learned and unlearned, have the patient, to go through all the difficult time and good time.

I have developed and distributed freely my profitable trading system in some forex forums.

Later, when I am capable to develop an EA, my analysis of the whole Forex Trading system has changed, especially when it involves BackTesting and ForwardTesting.

The Problem with normal EAs


I have tested numerous EA, commercial, non-commercial and especially my own EAs based on ALL KINDS of Trading Systems and Rules, backtested and forwardtested. The Result ? Almost all EAs fail miserably during RANGING times. In fact, the amount of losses in the RANGING time, even though is quite small compared to gain during TRENDING time, but it is those SMALL LOSSES that will eat up the profit in the long run. A tweak here and there in backtesting will work beautifully, but when forwardtesting, again, if fails miserably.

Nonetheless, there are, I believe, few EAs in the market that work but One has got to really test it out OR One got to fully understand the Rules and When to Intervene into the EA OR the owner of the EA will create A Technical Support Team to support the operation of the EA and this defeat the purpose of having an EA.

That’s why I have spent a lot of time in analyzing all kind of trading systems, developed all kinds of EA based on those trading systems including my own, until I finally spend a lot of my time in studying the BEHAVIOUR of the Correlation and the Pseudo Hedge of EURUSD and USDCHF Pairs. That SIMPLE thing is finally found! The rest is history to be taught.


Currently, there is one EA that works, consistently, and with minimal drawdown, it is truely a winner. And, it uses Correlated Hedge as its main principal in its calculated algorithm to take profit and control drawdown.

It is stress free, it is automated and with proper configuration, you are set to your financial freedom, finally.


Please log on to www.caireono.com to see what I am talking about.
 
will you be releasing a new demo version of autopips as this one has expired?
 
when will you have a new 10 pips demo available?
 
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