Steinitz HAS MTF **Theory & EA**

[steinitz]

I have a $1000 demo Alpari account that was down to about $525.

on 9/17 I switched to 2.51 & Don's earlier 5.set, and changed the upper/lower - high to 3/8 - 1.

That account now is:

1806.78 balance
1730.28 equity
-76.50 (or so. It fluctuates) float

27 trades in a row...winners. no losses yet (not a claim of never loses, folks, just the facts)

.1 lots

Isn't that over 300% in 8 days (or whatever) I shut it off for the weekend. And had it off for a good part of a day or so in between.

Don's earlier 5.set became a first of (2) new 1.set

This is from the FIRST new 1.set with a few changes (like upper TF=3 / Lower TF=8 / High TF= 1)

I made a few other little changes as I recall, but you will have to look.

I know this is not a perfected .set and maybe only on Alpari for the market 9/17 until now, and never again...or is it?

these 8 pair: (the usd/jpy AND the eur/gpb did NOT enter a trade so if we take them from the list it makes 6 pair. Could add them back in if you want.)

usd/cad
usd/chf
eur/usd
eur/chf
gbp/usd
aud/usd

Maybe not too bad to try on your $1000 account?

\o/ all the best to all,
Ron

[zupcon]

Originally Posted by steinitz

I believe I gave you a free demo. Why don't you post your results? They would be more meaningful then mine.

Everybody is a pure skeptic and 3rd party results would be better served for the paranoid.

Don

Why don't you just answer the questions ? they seam simple enough to me, or has the cat got your tongue ?

[zupcon]

Originally Posted by steinitz

I have a $1000 demo Alpari account that was down to about $525.

on 9/17 I switched to 2.51 & Don's earlier 5.set, and changed the upper/lower - high to 3/8 - 1.

That account now is:

1806.78 balance
1730.28 equity
-76.50 (or so. It fluctuates) float

27 trades in a row...winners. no losses yet (not a claim of never loses, folks, just the facts)

.1 lots

Isn't that over 300% in 8 days (or whatever) I shut it off for the weekend. And had it off for a good part of a day or so in between.

Don's earlier 5.set became a first of (2) new 1.set

This is from the FIRST new 1.set with a few changes (like upper TF=3 / Lower TF=8 / High TF= 1)

I made a few other little changes as I recall, but you will have to look.

I know this is not a perfected .set and maybe only on Alpari for the market 9/17 until now, and never again...or is it?

these 8 pair: (the usd/jpy AND the eur/gpb did NOT enter a trade so if we take them from the list it makes 6 pair. Could add them back in if you want.)

usd/cad
usd/chf
eur/usd
eur/chf
gbp/usd
aud/usd

Maybe not too bad to try on your $1000 account?

\o/ all the best to all,
Ron

You see Steintz, its posting junk such as this that leads to people critisising you. Your pimping product, on the basis of a few days results.

Imagine this scenario. I'll use your EA, and I'll start 4 new demo each and every day. Every time I get a few really bad days in a row, I'll jump onto all of the forums, and I'll post the results, and I'll scream and shout just how appallingly bad the results are.

Would you think I was being fair if I where to do that. And of course, if the market turned in my favor, and I recovered some of the losses, well Id forget about those results, because they didn't meet with my agenda to paint you in the worst possible light.

Would that be fair ?, well of course it wouldn't, but that's exactly the trick your using, we can see through it, and we'll continue to call you on it.

Now if you'd please be so kind as to answer the moderators questions, you know, why you lied about moderating at TSD, your live account, your back tests and your forward tests.

[steinitz]

Originally Posted by bossxero

To Steinitz

I want to point out my view on whats going on... Till now, what I can conclude is the Steinitz is indeed escaping from the pertinent and important questions of Zupcon. I would like to give steinitz another chance to answer these question with some direct answers and not evade the questions once more.

I took time to read the posts at TSD and indeed, came to know that Steinitz was never a Mod there, so WTF?? Why such a lie here ??

As for the demo accounts, i can find some similarity with my own experience, which is, when testing Forex Strategies and Systems, I more than often blew a demo account in a week or two and has to get a new one on and on. So I also think that this is whats happening with Steinitz EA.

So Stein, you got one more chance to defend you. Post concrete, direct and clear answers especially in regards to:

1. Your Live Account

My own business

2. Your long term forward tests

I have plenty from me and others. I will attach a zip file with TONS of forward tests from March 2007 on.


3. Explanation why you contantly switch to new demo accounts(dont say due to expiry please)

I have had many demo accounts become corrupted and was not able to save a detailed statement. I even resorted to making a print screen of the statement but it looked weird and not believable.

Don't believe me go back to ForexTSD and hunt down my posts that confirm EXACTLY what I am saying here!

I have been developing new versions for 4-5 months rolling out a new versions almost every week to 2 weeks. There was bugs galore and my results were not to be trusted.

This is the first version V2.51 that is BUG FREE and now its on to serious testing as I am doing now.

OPEN MY ZIP FILE TO VIEW MY RESULTS AND 3RD PARTY RESULTS !!!!!!!!

Don

That will be all for now.

[zupcon]

Typical Don Steintz response.

Here's someone who's trying to sell an EA. He has a website that sells this particular EA.

He claims to trade a live account, but when called on it wimps out stating "thats private and my business". So why not open a small account 10K or so, and let the EA trade nano lots. Even the most naive fool who had a profitable EA would do that, anyone with the slightest flair for marketing would have done that, but Steintz doesn't. What does that tell you. The guy who's selling Pip Boxer does exactly that, he has nothing to hide, then again, his experience is 100,000 times greater than donny boy's

As for forward test, how pathetic, "I can send you tons", yes we know, and every single one lasts a few days, thats exactly why you are being critisised for lack of continuous forward tests from a single account.

This guy claims to be a professional developer, but cant keep a demo running for more than a few days. My team have run continuous demos for YEARS, we don't experience problems, my god, there are muppets on the forums without two brain cells to rub together, but they keep demo's running.

This is the the best line in his reply "There where bugs galore and my results where not to be trusted"

Well if the results where not to be trusted, why the hell where you and your shrills flooding the forums with statements, and using those very same results to sell your product ?

Lets run that one by everyone again "There where bugs galore and my results where not to be trusted" Thats pretty much an open admission that his results are not to be trusted. Talk about shooting yourself in the foot !

priceless

Copy of response before Steintz deletes it !


1. Your Live Account

My own business

2. Your long term forward tests

I have plenty from me and others. I will attach a zip file with TONS of forward tests from March 2007 on.


3. Explanation why you contantly switch to new demo accounts(dont say due to expiry please)

I have had many demo accounts become corrupted and was not able to save a detailed statement. I even resorted to making a print screen of the statement but it looked weird and not believable.

Don't believe me go back to ForexTSD and hunt down my posts that confirm EXACTLY what I am saying here!

I have been developing new versions for 4-5 months rolling out a new versions almost every week to 2 weeks. There was bugs galore and my results were not to be trusted.

This is the first version V2.51 that is BUG FREE and now its on to serious testing as I am doing now.

OPEN MY ZIP FILE TO VIEW MY RESULTS AND 3RD PARTY RESULTS !!!!!!!!

Don

[siddeshsd]

Hi,

Don is transforming to diamond from gold with the bursh of ZUPCON.

Keep it up don.

siddeshsd

[zupcon]

Originally Posted by siddeshsd

Hi,

Don is transforming to diamond from gold with the bursh of ZUPCON.

Keep it up don.

siddeshsd

Hey from my perspective the more inexperienced traders who buy Don's product the better, the market always needs fresh meat.

Did you notice how he dodged answering the question about why he lied about his Forex tsd moderator status why do you think he lied about that ?

Also, do you think its possible that if someone lies once, they might just lie again ?

Did you notice how upset the poor thing got over at TSD after someone posted a real statement ?

[bellefemme]

Hi,
I wonder could we use this EA during news time or it is better to close all the open positions before news?

Thanks you..

[ckowyong]

let's give Don a break shall we? i agree that he does over-pimp his product somewhat. character and integrity matters aside, he does have a hell-of-an-EA that's worthy of a forward-test at least. sad thing is that he does not really advocate any optimum settings for best profitability.

anyway, i've been running a forward-test of this EA for about a month now... but only on the GBPUSD. not trading the others as i wanted to see how it trades... and i thought the GBPUSD would be a good start without cluttering it up with too many pairs.

forward-test statement updated every 10 mins : Statement: 1601798 - HAS MTF Demo (1:100, 10K)

so far, win/loss ratio is 6:1 which is quite impressive. but it does not do many trades on the GBPUSD... which may not be a bad thing after all. so far, my forward-test is +24% after 1 month. i'm also forward-testing and reviewing a few other EAs at my blog -> ckowyong.com

*peace*

[bellefemme]

Wow, it looks great to me