Steinitz HAS MTF **Theory & EA**

[steinitz]

Because of my extremely popular method and most talked about "Expert Advisor" I have decided to allow all traders a chance to read about this method and EA on this forum.

I have come very far from the conceptual to the near finished product. My objective is to taech all of you interested how to trade this manually. If you find this method to be extremely profitable and desire an EA that is available.

This EA does not lose. It either opens a position and closes it out very quickly or holds that trade in DD until it comes back to profit. Most trades last only a few hours to a day. Some in very rare instances can last months.

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 any anywhere else.

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 PM or email me personally.

Let's start off by having you download these indicators so we can all get on the same page and get into a discussion on how this method works in detail.

I can be reached at: steinitz@cox.net

[steinitz]

Version 2.2 features

1. Automatically searchs for counter trends between the monthly and 5 minute timeframes.
2. HAS moving average variables fully modifiable
3. Self checking logic when/if you set an input incorrectly
4. User adjustable to set to trigger on closed or unclosed candles!
5. Ability to enter on alert TF or alert TF - 1 TF color change
6. Can enter on a fresh signal when EA is first turned on (switchable)
7. Money management available to trade a % of free margin or account balance
8. Intelligent lot fractional sizing based on what broker you use.
9. Take profit with fixed pip amounts that you decide for each timeframe
10.Take profit can be selected to use % ATR for each individual timeframe
11. All TP and SL are invisible to broker. (no hunting allowed)
12. A safety SL & TP can be set as a fail safe if power is lost (will be displayed to broker)
13. Partial close option to take 1/2 profit automatically when 1/2 TP is reached.
14. Stop loss can be set at a fixed pip amount or % of ATR.
15. Trailing stop loss can be set for 1. Normal 2. Breakeven 3. none
16 Trailing stop trigger and stop fully adjustable
17. Broker spread detection allowed to hault entries if spread widens by "X" amount.
18. "Trading hours only" available to trade based on your times you choose.
19. All text and font size adjustable
20. Four different de-bug inputs to analyze all your backtesting and forward trading!!!
21. Upper TF feature to use as a filter for trading desired TF to help avoid head fakes.
22. Break even setting with a guaranteed lock in pip amount.

[steinitz]

I am posting a backtest on GBP/JPY to show you near 90% modeling tick data with no losses from 1/02/2006 to 6/13/2007. I tried to upload html but this forum doesn't support that so I copied it into a word doc. If you can't read and word doc files please contact me.

The last trade on the backtester is where it stopped and doesn't count as aosing trade.

Cheers!

Don

[steinitz]

Here attached are my forward trading results that I started to keep track of by the week. I have plenty more forward trading statements that you cam look at which are available upon request.

Don

[Libros]

what??????
only buy???why?

[jay sheridan]

Originally Posted by steinitz

Because my extremely popular method and most talked about "Expert Advisor" I have decided to allow all traders a chance to read about this method and EA on this forum.

For any of you that have lived in a cave for awhile and don't know me I started off on this Forum months ago discussing this method in its premortal stages. You can still read some threads on here scattered around that I moderated in the early days.

I have come very far from the conceptual to the near finished product.This is by far the most talked about method and EA anywhere.

It would be a shame to not let all traders read and see what all the talk is bout. This EA does not lose. It either opens a position and closes it out very quickly or holds that trade in DD until it comes back to profit. Most trades last only a few hours to a day. Some in very rare instances can last months.

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.

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.

Let's start off by having you download these indicators so we can all get on the same page and get into a discussion on how this method works in detail.

I can be reached at: steinitz@cox.net

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:>> "For any of you that have lived in a cave for awhile and don't know me... ">" I have decided to allow all traders a chance to read about this method and EA on this forum." > "This is by far the most talked about method and EA anywhere." > "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."> "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."

[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.

[droesparky7]

Hey Jay Im just wondering what tripped your trigger about steinitz post, there has been several on here that are selling stuff like the banker post that has just shown up. Why did you not lash out at it, there is no attempt to teach any thing on it, at least steinitz is willing to discuss his method openly and give out the indicators.

Just wondering if it personal between you and steinitz?

[steinitz]

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.

Jay.....

How do you realy feel about this?

Don

[steinitz]

Originally Posted by droesparky7

Hey Jay Im just wondering what tripped your trigger about steinitz post, there has been several on here that are selling stuff like the banker post that has just shown up. Why did you not lash out at it, there is no attempt to teach any thing on it, at least steinitz is willing to discuss his method openly and give out the indicators.

Just wondering if it personal between you and steinitz?

I absolutely want to teach others this method since it is powerful. If anybody benefits from this thread and trades based on what they learn then I have helped.

This thread is multi dimentional. Take from it what you want. Sounds to me like you have a lot of personal issues. Surely I could just sell this EA but I was taught to not memorize the answers to questions but to learn how to solve them.

Maybe somebody here doesn't like Robot trading and wants to learn this method manually. I am here to help. By the way just because I choose not to use stops doesn't mean that everybody is following my trading styles. There are plenty if users that do employ a stop. In fact if you actually had this program you would see that there are several unique ways to exit out of a trade based on:

1. Color change of the HAS Bars on alert TF or alert Tf +1

2. Traditional stop loss

3. Trailing stop loss

4. Breakeven stop loss

5. Breakeven stop loss w/ guaranteed pip amount as take profit

So again before you try to send out miss information maybe you should at least check your facts first.

Regards,

Don

P.S. Maybe you should calm down and see if this method can make you money or better yet financialy independent.