Steinitz HAS MTF **Theory & EA**

[steinitz]

FORWARD TRADING

November 2, 2007

(Total net pips = 348 / Total trades = 26)

October 2007 Statement

(Total net pips = 1744 / Total trades = 109)

September 2007 Statement

(Total net pips = 3003 / Total trades = 109)

August 2007 Statement

(Total net pips = 1483 / Total trades = 132)


Don

[steinitz]

I am closing in on releasing version 2.6 hopefully next week. At the last minute we were informed that Saxo bank uses six digits in your market pricing which will throw many EA's into a tailspin.

There was precisely 26 changes in code that needed to be modified to handle this broker. I asked for this changed since or brokers could adapt the same type of price modeling.

Maybe I'm being paranoid but it almost seems like the brokers are making these changes to either benefit from stop/take profit hunting in half Pip increments to throw monkey wrench into robotic programs.

Anyway, I will be proofreading my instruction manual and testing version 2.6 on Saxo bank next week and if all is well will release.

Don

[royo2001]

My personal opinion, the HAS smoothed lags too much to catch the beginning of a trend. There are others that do much better.

[Frankalde]

Originally Posted by royo2001

My personal opinion, the HAS smoothed lags too much to catch the beginning of a trend. There are others that do much better.

Which are? Do the name and address!
Frankalde

[steinitz]

Hello members!

This new version has the following new features and/or fixes:

1. Upper/higher Loss Timeframe Exit bug fix

2. Code modified to accept brokers that happen to use six digit pricing

3. Inputs rearranged to be a bit more intuitive

4. Exit timeframe function deleted

5. And last but not least robot automatically switches from set #1 to set #2 when market changes from trending to ranging.

Please do not ask for this version to be hard coded with your live account number until we have all decided that there are no issues that need to be addressed with this latest new version. Please allow at least one week for everyone to demo of this version before we decide to give the all clear signal to code your live account number to trade live.

I will make a general announcement when it becomes apparent that there are no serious issues that need to be fixed on this version. I'm not anticipating any problems at all. Because this robot represents a more complex set of functionalities I will dedicate any free time in putting together some videos explaining the functions to be put on my website in the near future.

If anyone desires one on one personal tutoring please inquire within. I had the ability to remotely take over your computer and share our screens together.

As a side note: if signing up on my link page to receive your monthly rebate checks I want to clarify that only FXDD is offering a 3% instant sign-up bonus. Also keep in mind that if your account balance is $5,000 or greater I know least one of these brokers that are being offered requires your micro account to be changed to a mini account.

Once again thank you for making us #1 as the most talked about and profitable EA anywhere!

Don

[steinitz]

Hi guys,

The success of my business started to increase because I found out that there is a way to receive a volume rebate on my trades. This can be done by trading through an introducing broker rather than going directly to the dealing firm.

The way it works is the introducing broker gets paid a rebate for every lot you trade over the month. Nothing comes out of your pocket just the FCM’s, you can live with that right What the introducing broker does is pay a portion of the rebate back to you in the form of a rebate every month. So for example if you trade 50.5 lots per month with a $3 rebate they can pay you out a rebate of $151.5. This is free money in your pocket. There are a few firms that offer this, I found TradersChoiceFX they work with a few MT4 shops.

Here is a link to them if you want to check it out:

http://www.traderschoicefx.com/metatraderea.html



Thanks

Don

[xux99]

I have attached forward test results of Steinitz EA v2.51 on a demo Alpari account. A summary of the pips for each currency and setting is below.

[steinitz]

For those who wish to sign up on our new Forex chat room dedicated to Forex Robot Trader software research and development as well as general Forex chat I invite you and everybody else to:

ForexRobotTrader Chatroom CLICK HERE


See you there!

Don

[ultimaforex.com]

Cool! Everywhere I go, i find steinitz EA thread... good promotion, mate.
I clicked above link, and it's not a chatroom. It's just another forum...
And about rebate, YUP it's really great. One of my client earns $930 rebates this month, just trading mini lot. LOL.

[michael dunbar]

Since you brought it up, here is my own rebate site with slightly higher ($4) rebates: http://www.forex-rewards.com

and for MT4 brokers: http://www.myforexrebates.com ($3.50 on EVERY trade)

There really is no reason to open an account direct with a broker - just throwing money away, money that can help your bottom line.

Originally Posted by steinitz

Hi guys,

The success of my business started to increase because I found out that there is a way to receive a volume rebate on my trades. This can be done by trading through an introducing broker rather than going directly to the dealing firm.

The way it works is the introducing broker gets paid a rebate for every lot you trade over the month. Nothing comes out of your pocket just the FCM’s, you can live with that right What the introducing broker does is pay a portion of the rebate back to you in the form of a rebate every month. So for example if you trade 50.5 lots per month with a $3 rebate they can pay you out a rebate of $151.5. This is free money in your pocket. There are a few firms that offer this, I found TradersChoiceFX they work with a few MT4 shops.

Here is a link to them if you want to check it out:

http://www.traderschoicefx.com/metatraderea.html



Thanks

Don