http://championship.mql4.com/2007/users/Better/reports Any idea on the methodology for this? Neural Network concept? How does it work?
Actually, yes. A "complicated" neural network, developed and optimized in C++ (rather than MQL4), combining "three independent subsystems" and utilizing sets of moving averages, of all things. Here's an interview with the EA developer, dated Nov. 20: http://championship.mql4.com/2007/news/303/ Cand. Sc. &asymp Ph.D., almost exact equivalence. "Superb" almost seems like an understatement, after 271 trades and counting...
Wonder if the EA is turned off during economic news release? Otherwise, how does the EA based on Moving Averages deal with spikes all over the place?
You can be the best Forex Trader but if your FX bucketshop runs away then you http://www.youtube.com/watch?v=ALn0GBkM_5c
Is anyone just following his trades telecast 'live' with real money and making close to his record? It's good biz for brokers to organise these tournaments- get to vet through these algorithms, traders depositing funds, and most importantly luring fund management companies to approach organiser secretly to 'pay' for part of the CONcept.
10K -> 100K in 1 month 100K -> 1mil in ~3th month 1mil -> 10mil in ~6th month 10mil -> 100mil in ~9th month 100 mil -> 1bil in ~>1 year! Why bother joining a tournament? How would you distribute your funds along a year to various MT4 brokers?
Hi Scalpmaster I have figured out how he has done it. It is 3 sub systems combined plus a neural network based on probabilities OILFXPRO