Shark Ea

[pippimp]

I see them advertising heavily in this forum..

Has anyone tried this Shark EA? What were your results? Any help is appreciated.

Thanks

Theo

[scorpion]

From what I know, they have been running it since Jan 2007, and they publicize the terminal password for anyone to see all the trade records at an independent broker. Correct me if i'm wrong. You can check its trade records which is updated frequently.

[fishman]

Are you still running this EA
Have you used this EA on a live account
TV

[duyduy]

I run shark on my live acct. u can check the detail statement on my blog duyduyfx

[RebateFX.com]

I got sent version 4.0 but I got a could not find dll error. There was an EA smiley face in the corner of the screen but no trades for several days so I'm not sure if it was running or not.
I just went back to v3.0 until I get some response from support about it.

[elektrance]

I also use Shark EA as one of my robots side-by-side with my manual trading...May was the worst month for Shark in its history...Happens, its a robot, but a damn good one. Hopefully to see a rebound soon...

[Moxy]

What pairs do people trade with the Shark EA? Which ones seem to perform best?

Anyone know what type of trading logic it uses?

[oilfxpro]

Originally Posted by Moxy

What pairs do people trade with the Shark EA? Which ones seem to perform best?

Anyone know what type of trading logic it uses?

Hi

If u spend $269 you will find out


OILFXPRO

[elektrance]

Originally Posted by Moxy

What pairs do people trade with the Shark EA? Which ones seem to perform best?

Anyone know what type of trading logic it uses?

Shark EA only trades eurusd on the m30, it is a scalping EA with fixed SL of 35 points. TP varies between 5 and 9 pips, it adjusts TP automatically. The only parameter you define is the % of risk. I dont advise more than 4%.

I hope to see a rebound soon otherwise I will put this EA in the garbage.

There is nothing like manual trading. I am recovering the DD through manual, but Shark performance is still not improving. I will give it a few more weeks, this year isnt good at all for this bot. EA Griffin (also from the same company) is performing even worst...

You can check my new thread in the "Privilleged" section about this.

If you want to use a bot, learn manual trading first. If the bot screws you, you can always come back by yourself.

Regards and happy trading.

[oilfxpro]

Originally Posted by elektrance

Shark EA only trades eurusd on the m30, it is a scalping EA with fixed SL of 35 points. TP varies between 5 and 9 pips, it adjusts TP automatically. The only parameter you define is the % of risk. I dont advise more than 4%.

I hope to see a rebound soon otherwise I will put this EA in the garbage.

If you want to use a bot, learn manual trading first. If the bot screws you, you can always come back by yourself.

Regards and happy trading.

Electrance

I have tested over 100 systems and conducted over 1,000 backtests.
I have never found any system with a risk reward ratio of less than 1 to 1 to be profitable.Shark takes a risk of 4 and a reward of 1 .Everytime there is a losing trade u need 4 winning trades to make up losses

OILFXPRO