Steinitz HAS MTF **Theory & EA**

[FXSeo]

Good stuff Don ... keep it going! =)

[steinitz]

Originally Posted by Grahame

Hi All,

First, thanks to all who are helping in this thread - especially STEINITZ.

I have downloaded all the indicators from Post #1. The Heikin Ashi bars are performing beautifully, but the other four windows are just sitting there - all RED or all BLUE, and not changing.

Obviously I'm using MT4 and loaded them into experts/indicators. They are displaying beautifully, but just not doing anything.

Help, please?

Thanks.

Regards,

Grahame

The other colored bars are called "Multiple Timeframes" bars. Tey are a visual representation of the Heiken Ashi Smoothed indicator (HAS). They show you all 4 timeframes at one glance.

They change right along side the HAS indicator. No need to change TF's on your platform when you have the bars to look at.

Cheers!

Don

[Grahame]

Thanks STEINITZ for the reply. But I think something is amiss.

In 4TF-HAS(15,30,60,240) every "dot" is RED.
In 4TF-HAS2(15,30,60,240) every "dot" is BLUE.
In 4TF-HAS(1440,10080,43200,43200) every "dot" is RED.
In 4TF-HAS2(1440,10080,43200,43200) every "dot" is BLUE.

They have not changed in 2 days. And they are exactly the same when scrolling the chart back into history (GBP/JPY).

Any ideas, please?

Thanks.

Regards,

Grahame

[thepipeline]

Wow! I have been trading the Steinitz HAS MTF Robot Trader in 3 demo accounts for a week now. One was $10,000, 1 was approx. $2900 yesterday morning, and the other was a very small $400 demo, just to see how the EA would handle a smaller account.

It kinda went nuts trading during the aftermath of this afternoon's Fed announcement of the rate cut, and when the dust cleared, the $10,000 account ended up at $13125.00, the $400 account is now $535.54 and the account which was $2900 last night is now $7150.31. That last one shook me up so much, that I closed out all the positions and captured that as the actual equity.

These are incredible results! I only wish I was trading the EA with real money.

Regards,

Jerry
http://www.forex-toolbox.com

[steinitz]

Dear members:

Looks like the market shaping up a bit. I've made a small change in my preset file #5 that includes a trigger of 20 pips. I'm going to attach my current statements through today's date which show I'm up approximately $8,000 on $25,000 demo account.

I'm using 12 pairs at 2% per pair being traded. This represents approximately 7.5 days of trading. I'm attaching my modified #5 preset file here.

I'm receiving a lot of e-mails privately from other traders that are experiencing very favorable results.

Cheers!

Don

[steinitz]

I am posting my results for the week ending September 21, 2007. This represents trading from September 7, 2007. Now that we are done with all the version chnages I can leave this run. The only interruption would be an expired demo but I will open up another to keep a constant trail.

Net profit just under 10,000.00 on a 25,000.00 account. Trading 2% per pair with 12 pairs traded concurrently. I little risky as I recommend 10% total risk.

Money management turned on.

Don

[Grahame]

Hi again all, especially STEINITZ,

Well, at last, problem solved. I deleted, then re-loaded indicators. Only after doing this twice do they work properly. Don't know why.

I'm a happy camper now.

Regards to all,

Grahame

[ProfTrader]

Actually newbie, the system is good. When you learn more about the forex and jump on other forums (instead of whinning like a little child), you will find that this system is very popular. I have purchased it and I like it a lot. Keep your negativity to yourself and grow up.

Keep up the great work Don... and don't pay any attention to the inexperience traders like Jay Sheridan.

Originally Posted by jay sheridan

I don't know about the others here, but I thought this place was for sharing ideas, not pandering EA's for sale or other goods which is obviously your intention. I also take exception to a lot of your self righteous and braggard remarks:Steinitz says: "For any of you that have lived in a cave for awhile and don't know me... "Oh, wow...excuse us for having our heads in the sand. How dare we not be intimately familiar with the likes of the famous and epic legend "Steinitz".Steinitz says: "I have decided to allow all traders a chance to read about this method and EA on this forum." I don't know what to say, other than...Sound the trumpets! Herald the day! Ring the bells across the land! Steinitz had decided to allow us to bask in his noble presence whilst he proceeds to give us the hard sell. Simply amazing.Steinitz says: "This is by far the most talked about method and EA anywhere." Really? Hmmmm. Never heard of it. Guess with our heads in the sand, we don't get out much. Anyway, prove it. Prove that this is the most talked about method. What do you base that statement on? Nielson ratings? Door to door polls? Your own personal web sniffer that manages internet discussion traffic about EA's?Steinitz says: "I assure you that my EA is the most sophisticated and most complex set of code anywhere. I intend to discuss the theory of what makes this method and EA stand so far apart from the rest here on this thread."Again, prove it. How do you know it's the most sophisticated and complex EA? Have you personally studied, evaluated, analyzed and compared every single EA ever written...anywhere...anytime....by anyone? I seriously doubt it.Steinitz says: "In accordance with the rules of the forum lets not discuss the commercial aspect of my EA openly on this thread. If you want to talk to me about obtaining the EA please email me personally." Bullshit! You've spent the entire post with a preamble designed to garner interest from the members here so you can hopefully sell copies of your EA for personal profit.Dude, you're nothing but a used car salesman and you have no intention here on this forum of helping anyone in the true and real sense. On top of that, you have an obviously inflated ego and vastly high opinion of yourself. Take your EA and stick it where it belongs instead of trying to blow the proverbial sunshine up our collective asses about your EA. I wouldn't buy the damn thing even if it really was good which I doubt. Word on the street anyway is that it has serious serious drawdowns, horribly absent and unsafe stop loss capability, and worst of all....Steinitz is too busy running his mouth all the time to listen to reasonable feedback and input from people who have bought or tested the EA.

[ProfTrader]

If you have not purchased the system, stop crying like a child. There are medications for your depression. I bet your fun at parties too.

Ignore the whinners who have not purchased the system.

Originally Posted by zupcon

a) You posted a statement in which losing trades had been edited out. Your explanation as to why this was the case came only after those inconsistancies had been spotted.

b) You have yet to show any long term back or forward tests of your EA.

c) You have yet to prove that your risking your own funds on a live account

d) Neither you, nor Mr Pip has published backtests that show how the EA behaves when subject to the "ultimate torture test". If such tests have been undertaken, then publish them.

e) What do you know about programmers, that gives you the right to make an assessment of Mr Pips suitability ?. This EA is a few hundred lines of fairly simplistic code, its micky mouse mouse stuff. It also seams to have its fair share of bugs.

f) Your method is public domain, I am therefore well aware of its limitations. I have no need to purchase your sub standard implimentation of an extremely simplistic, ill thought through strategy.

best wishes
zu

[smarttrader]

well, we trade forex based on technical analysis, so we don't need to actually care abt subprime problem lol