Steinitz HAS MTF **Theory & EA**

[nicesurf]

Iam worried if robot can decide what you have in your mind at a particular time.

Nic

[davidwpenny]

Does this EA come with suggested optimised settings for the various pairs and, if not, does anyone have any they are willing to share that have been productive (either live or demo)?

[zupcon]

Originally Posted by jnr1234

ForexRobotTrader.com Rocks!! [/b][/font]

Yep its rocking along very nicely.

Participant Steinitz - Automated Trading Championship 2007

Please note, that this is the only true unedited forward test of this product. The performance that you see here is the actual performance of this EA, rather than Dons version of events with losing trades conveniently removed LOL

Still its early days, lets wait until the competition ends before we jump to too many conclusions. However a few stats to consider

Currently the average winning trade is worth $586, with the average losing trade almost two and a half times greater at $1377, so the current hit rate of 63% is way too low, but things could change

[zupcon]

Originally Posted by zupcon

Yep its rocking along very nicely.

Participant Steinitz - Automated Trading Championship 2007

Please note, that this is the only true unedited forward test of this product. The performance that you see here is the actual performance of this EA, rather than Dons version of events with losing trades conveniently removed LOL

Still its early days, lets wait until the competition ends before we jump to too many conclusions. However a few stats to consider

Currently the average winning trade is worth $586, with the average losing trade almost two and a half times greater at $1377, so the current hit rate of 63% is way too low, but things could change

Its interesting to note, that over the long term you'd achieve a higher win rate by taking a completely random entry on the toss of a coin using these stop and target sizes

[steinitz]

Testimonials

These are actual testimonials

Due to the size of this post I need to use 3 pages....

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

WOW it's quite amazing what you have developed. I can't believe how this program is able to monitor all these timeframes at once! Its truly a masterpiece. Keep up the great work!

Gary L.

New York


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


I have been trading Forex for 3 years now. I have never seen anything like this before…It's going great, what a relaxing and profitable way to trade. I am up over 500 pips in my first week of trading. I can't wait to trade live with this!

Julie K.

Australia


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

I am very thankful that I purchased your ForexRobotTrader system. It is very interesting to watch it work. I can’t believe how accurate it finds all these trades to enter on.


Thank you very much!

Vince R.

California


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

Your customer service has been fantastic. I don’t know when you have time to sleep? You seem to always be around to answer all my dumb questions!

Thanks from a newbie.

Abid Z.

India


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

I've been so impressed with how fast you answer questions and also that you take the time to explain everything in great detail since some people like myself are beginners. Many thank you!

Lee Y.

China


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


It paid for itself the first day I used your Robot on my live account. It took 5 trades the first day and they all closed in profit for $275.00. Very impressive! I am telling all my friends…..

Andrea E.

Australia


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


I work in a major bank as a trader in the exchange market. Your platform has helped me a lot in my decision-making and I swear I have never seen signals that are as powerful and as good in all my career. I strongly encourage others to use your software. Cheers!

Sydney G.

England


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


Great EA!! I am up $1300.00 in one week on my demo account. I love it !!!! Cindy P.

Texas Three weeks after I purchased your system, my trading account grew by 37.6%.This kind of return is unheard of considering I am not doing anything. You are truly amazing! I am so grateful…

Bill V.

Florida


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


I Just wanted to write and say thank you for the incredible amount of time, work and money that you and your guys have put in to design and perfect your wonderful "Forex Robot Trader EA". I have tested, subscribed and even purchased many other pieces of software for many times the price and I can very confidentialy tell you that nothing else even comes close.

Paul F.

Korea


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


I've submitted a 5 Star revue for you regarding the robot trader, just for your info, I'm trading 5 pairs on a mini account, so far 57 trades, 54 winners for a total of $1055 profit (including swaps and spread) and only 3 losses totalling $14!!!


Unbelievable performance Don!!! Needless to say I am extremely happy with my purchase and the great customer service. Looking forward to the new version being released, but I have to say, that the current version has my vote using your 1.set. As I said in my review, it won't make you rich overnight, but it makes steady profit on a daily basis and DOES NOT put your account at risk.

If you read the above again, you see that these are really the only two things that a trader should be focused on!!

Great work Don, and I'm glad to be onboard with you.

Pete J.

California


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


Just wanted to write and say thank you for the incredible amount of time, work, and money that you and your guys have put in to design and perfect your wonderful "Forex Robot Trader EA". I have tested, subscribed, and even purchased many other pieces of software for many hundreds times the price and I can very confidently tell you that nothing else even comes close. ( I realize you already know this but I just wanted to say thanks and let you know that your efforts are sincerely appreciated.)

Paul F.

France

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


Don you my friend (sorry for the language) are the S**T, the bomb, the man, the last Jedi, all that. Before i went to sleep last night i had about 17 different trades with a high draw down going thinking there wouldn't be a profit. I woke up this morning with 100% winners on all 17 and there are now 17 more ready to go. I cant believe this i feel like I'm dreaming. I freaking love you man and i don't know you. I know this is about to change my financial status here very shortly and you are the reason. I wish you were around the Bay area i would take you and the whole family out to eat or somthing just for the appreciation. Dude I'm going to every forex forum i know of telling people about your EA. You can put this on your testimonial page also . Once again THANK YOU!!!!!!!!!!!!!!!!!!!!!!!


Gabriel B.

California


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


I've been using Don's EA for 6 months now and I am ahead 20 percent. There are drawdowns but if you're patient, it will pay off. Fortunately, I got in early and paid only $50 and as far as I'm concerned, we have a winner.

Snowman

Forestville


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


For the moment its working well on my real account since this week. I trade actually with a 0.2 lot on 6 pairs together.

Rolf

Switzerland


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


I bought ForexRobotTrader.com on 10/04/07. I receive it the same day. I opened a demo account on 10/10/07. Up today, 10/25/07, I have made 18 trade with 16 winners and 2 loses. I have profit over $600 with just a mini lot size trading. That is two week of no stress. With this program I don't have to spend hours at my computer deciding what I should trade or having the fear of make a trade.

M. Jones

New York
__________________

[steinitz]

Testimonials

These are actual testimonials

Due to the size of this post I need to use 3 pages....

--------------------------------------------------------------------------
In my opinion, the Steinitz Robot trader is a very sophisticated and far above-average EA that has demonstrated to me that it can take some amazing trades. In my tests, it has performed very well during trending markets. There are occasions when it will not do as well in choppy markets, but I understand there is a new version about to be released that will be more discriminating of those times.

I can tell you that Don is very responsive to service requests, and does answer his e-mails. I am looking forward to good things from this EA as he continues to improve it further.

Jerry B.

Georgia - USA


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


His software made it possible for me to implement a sound strategy without constant monitoring. I don't have enough time to check the markets every five minutes so I let his software do that for me.

The customer service is great. I get a response within minutes usually and he has a voice chat system setup if you would rather be talked through a problem. He also has another service (though I have not used it) where you grant him control over your computer so he can fix a problem/set up the software. He only charges for that service if he succeeds.

Great program, great customer service.

James B.

USA


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


I have only good things to say about Don and his (robot trader), but like all EA's it is not the end all to be all holy grail. The thing I liked the most is the dedication and support that don has given to all his members and the only thing he asks in return is to give honest feed back.

With version 3.0 coming out and it just keeps getting better and more refined. I would say to all it is worth a look and definetly worth adding to any portfolio.

Thanks to Don and all forum members who helped with the a great product.

Thanks A Million

E. O. W.

Florida

------------------------------------------------------------------------- Just started with this and it look great so far. My demo account with Interbankfx started at $50K on 10/8 and is now (10/25) at 75K plus. Real account started at $9200 and is now $12000 plus with open trades plus 2K. His system uses multiple time frames and looks for reversals at lower time frames which seems to be valid. You have to hold onto your hat and watch closely because his back testing says no stop loss works best. From his statement that he was only down in late July and early August but those who stuck in out are back and way up. The software and support material are very professional and he answers my email questions right away.

I have tried putting a mirror image trade with a very tight SL on trades that don't go my way. That way you are protected on the loss except for the gap. I move to BE when I can and the trade goes away when the short term swing comes back to the long trend. I don't catch all of these soon enough but the few losers seem to all come back. I think this is better than SL anyway.

Tommy M

West Coast of Michigan


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

I have been running this EA for about a month and its results has me intrigued. I like how the program can be customized by adjusting its operation settings. It does very well during trending moves. I hope with some adjustments and further testing it will perform equally as well during ranging moves.
Customer support is excellent. Don has been available and willing to answer questions through out my experience with his Robot EA.

Ron G.

California


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

I have looked at many trading methods, and read through several comments on these methods. Word to the Wise don't believe the other guys point of view, find out for yourself. I have been trading this particular system with real money and the results have been great. I have taken a $40k account to just over $6,100 in 3 weeks, approximately 15% ROI. The developers heart is in the right place all you have to be is open minded

Mike L.

Las Vegas


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

I purchased the Steinitz HAS system the end of September. This is a fully automated EA that that requires no thinking but a lot of understanding. While watching it on a demo account I sent numerous emails to Don Steinitz with questions. I also had an opportunity to spend a couple of hours with him on the phone. Let me say this about Don Steinitz. He is without a doubt an honest developer who is truly trying to help people. Too many folks on this site will look at his website or posted results and lable it a SCAM because it looks too good to be true. They couldn't be farther from the truth.

I went live on the system with a sizable account on October 1st. The software has taken 56 trades through last night across 10 currency pairs with only 1 insigificant loss. This method trades in the direction of the monthly trend. It enters trades on countertrends that are created by lower timeframs down to a 30min chart. What you do have to get use to with this method is open positions that are down and can be down for days or weeks. How large open positions are down is directly related to how heavy a person is trading. The tradeoff for me was learning to accept the open positions as they worked their way into 55 wins and 1 loss so far for this month.

If anyone wants to communicate with me directly about this expert advisor, email me at daytrade5@cox.net

Ken P.

Las Vegas


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

This is an excellent EA that you can use on any MT4 platform. The clarity of the instructions in the manual makes loading the software a breeze. ForexRobotTrader costs a fraction of what most EAs are being sold out there and I don't understand why Don sells it for that low as the backward and forward testings exibit the kind of profits that all forex traders dream about. Folks, I don't know who Don is nor have I met him before but if you are seriously considering an EA for your trading I would highly recommend to you Don's ForexRobotTrader. Another thing you can be sure about is Don's excellent support given to everyone who purchases his EA. Don answers all my questions within 24 hours every time. There's no monthly subscription with the system and all upgrades are free to existing members. Awesome!

Holek C.

Australia


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


This is my third attempt with an EA, and my first and only success.
It does exactly what Mr. Steinitz says it will do.
It makes money with its default settings, and more importantly, it can be adjusted, to a degree, to suite your trading style.
It is complex, and it will take some time to learn it inside out, but as I said, it makes money with the default settings.
There have been drawdowns, but trading with the trend keeps them temporary.
I demo'd for six weeks before going live, and that was about four weeks too long. I could have made real money much sooner.
I am pleased with both the EA and the support they have provided.

Ebar

Sweet home Alabama
__________________

[steinitz]

Testimonials

These are actual testimonials

Due to the size of this post I need to use 3 pages....

-------------------------------------------------------------------------
I have had success using this robot by limiting the pairs I trade, using the trigger feature (which locks in profits), and by using a s/l. I can't stress enough, It's all in the way you configure the options. Good customer service via email.

S. Nunes

Raleigh, N.C.

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

I purchased this software (MT4 EA)in August 2007 and have been running it on a Demo account with Alpari UK. The results have been nothing short of AMAZING. From 24 August til 22 October It has had 57 Trades (using 5 pairs).
Total winning trades = 54
Total losing trades = 3

Trading 1 mini lot (0.1) it has produced $1056 clear profit - swaps and spread have been included in this figure.

Total of the three losing trades was $14!!!

The EA has minimal drawdown on the account balance and although I don't understand all the complexities of how it functions, all I can say is WOW!!! Definately a winner in my book, it won't make you rich overnight, but it will steadily grow your account on a daily basis, manage the trades and not put your account balance at risk.

Top stuff Don. You have a winner.

FedFx

Australia

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

I am old and not one of the whiz kids that knows computers, so purchasing and untilizing a forex robot made a lot of sense to me. I do nothing, and the robot works and makes money. How wonderful is that? Don Steinitz carefully sheppards his investors. He's very prompt in answering emails, has a support system in place, updates are at no additional cost, posts his personal account statements so we can see how he's doing, informs us as to any improvements that are in the works, and, in my humble opinion, is one of the smartest men alive.

As you can tell, I'm a big fan and feel very blessed to have found Don Steinitz and his genius ForexRobotTrader.

Stay tuned for success story after success story as I am sure there will be many.

Texas Big Mama

Austin, Texas

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

This is one of the best setups i have found it looks at all timeframes so it has a leg up on what is going on ver. 3.0 is comming out and will be evan better.

Sam C.

Florida

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

I've been testing the ForexRobotTrader Steintz HAS for about 3 months now. Take the time to understand the software. Test,test, test and test some more. Can be adaptable to suit your trading style: you will discover that the software is indeed profitable.

JayJay

Canada

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

I have been using this EA for about 3 weeks and it does all the work for me...once I figured out all of my parameters and let it run on 10 currency pairs, I have made about $1800 in 3 weeks on a 8k account with 18 consecutive profitable trades...each trade is about.15 mini lots because of money managment rules...I am very happy about it and Don even returns calls, instant messages and responds to email in a very timely manner...plus we're fellow Red Sox fans!

Keep up the good work Don...definitely worth the $99...he should charge at least $250 for this...lol

Darren S.

Salt Lake City, UT

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

I have used it live for about 2 months and it does perform well during trending periods. But during ranging times, watch out. I'm running with a 75 pip SL which allowed me to catch some good wins. For the month of Sep 07, I doubled my small $1200 account. Stay away from GBP/JPY and GBP/USD on this EA as it will eat your pips for lunch. The best pairs I found are AUD/USD, EUR/JPY and EUR/CHF. EUR/USD, USD/CAD, CAD/JPY, CHF/JPY also had respectable returns.

Mark L.

Los Angeles

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

I PURCHAESED THE FOREXROBOTTRADER SOFTWARE, I have been running 24 currency pairs with the software, 24 hours per day, using a demo account, so i could see results, am very pleased with the results so far. LOOKING for the right pairs with the best results, no doubt in my mind trading with this software will be very profitable, especially for the price of the software. THIS SOFTWARE takes the human emotion factor out of trading, it is a good piece of software.

Lynn B.

Georgia

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

The program that Don Steinitz has designed is both unique and very profitable, the guidelines are very simple and is applicable to all markets. I am having alot of success personally and I have found the support from Don to be fantastic.

George H.

Canada

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

I can hardly wait to start demo'ing v3.0. I am very happy with the results I'm getting on v2.51 using conservative settings. However, I would love to see your personal settings just the same. Thanks so much. I can honestly say that purchasing my first copy (to date) of Robotrader has been the BEST INVESTMENT I have ever made..

Elmer B..

Germany

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

Firstly, many thanks for creating what appears to be a very competent robot, based on sound trend-continuation principles. It certainly takes a whole lot of tedious, repetitive chart-grinding out of the process and establishes a clear, unambiguous entry/exit strategy.

I've become wary of any 'automated' trading system of late, as most are based on a proprietary and/or arbitrary set of criteria that are often exotic and unfounded — products of the slew of indicators that plague our platforms and distract us from the basic truths. Yours, however, is based on a fundamental principle of price/trend behavior that I can relate to and that isn't hidden from me in a blizzard of made up indicator-babble... thank you for that.

Seymor F.

California

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

I discovered the Heiken Ashi Robot, I've stopped stupidly losing money. I can safely say I am on my way to financial independence and hope to quit my day job soon.

Susan B.

Arkansas
__________________

[steinitz]

Hello....

If interested please send your $99.00 by paypal to: https://www.paypal.com


My email address for payment is: steinitz@cox.net


P.S. If you need to run this on more then one LIVE account you need additional licenses which are available for the same price. A maximum of (3) licenses per email address. No additional licenses are needed for multiple DEMO accounts.


Cheers!

Don

[steinitz]

Hello:

In regards to your question about encountering losses or wanting to run the robot with "100% no losses" the following must be understood so that you can operate the expert advisor to perform as advertised.

1. You must not have any stop loss activated in the robot.

2. You must not use any "loss timeframe exit settings". Make sure you set that to zero.

3. You must not use any trailing stop loss that could end up in a possible losing position.

So in summary set up the robot to exit using one of the "profit timeframe exit" settings with stop loss set to zero.

NOTE: In the championship I opted to try a stop loss and obviously it wasn't the best choice.


Thanks

Don

[steinitz]

Over 5500 NET pips WON in less then 3 months !!!!!!

The most sophisticated Forex robot being offered openly to the public.


Live seminars held all week long

Customer service 7 days a week!

Please vist my website to learn more at:

Welcome To Forex Robot Trader

Don