 |
 |
|
|
My name is Don Steinitz. I am the author, developer and owner of "Steinitz HAS MTF" method and EA. This stands for "Heiken Ashi Smoothed Multi Timeframe" I can be presently found on http://www.forex-tsd.com. I am in the commercial section and I actively run my business 16 hours a day 7 days a week. My EA has brought massive attention in just over a month.
The reason I have over 650 paid clients with new membership averaging 7 per days is easy. The program is extremely logical in its approach to beating the markets using PRICE as it's only indicator. The EA works on any pair on any timeframe. None of this curve fitting is performed with my system. What's amazing about this is the "No Losses" performance on any backtest or any forward trading. The secret is to trade multiple timeframes always trading with the major trend and getting in at the right time on the counter trend found by the Robot. Most trades will close out in minutes to hours. Some are held much longer but with trading multiple pairs being well diversified, eliminating any overall long lasting account drawdown this EA is a virtual monster ATM machine! I can be reached at: steinitz@cox.net Skype = donsteinitz MSN = Steinitz website = www.ForexRobotTrader.com (under construction) Yahoo group = http://finance.groups.yahoo.com/group/steinitz/ Forex forum = http://www.forex-tsd.com/commercial-trading-systems-indicators/7795-steinitz-method-scalping-method-ea.html Fxaddict = http://www.fxaddict.com/community/showthread.php?t=212 DailyFx = http://www.learncurrencytrading.com/fxforum/showthread.php?t=13895 This EA is based trend following. The EA looks at whatever maximum timeframe I choose and uses a "top down" approach to find the first counter trend based on the Heiken Ashi Smoothed indicator.
The EA will automatically scan all timeframes from the highest timeframe to the lowest. Once a signal is found it will enter based on a special set on conditions. Aftter the trade is placed there are various methods to exit. The one I will choose is the default pip values for each timeframe found. This EA does not need to be on any special chart timeframe. I prefer to use 30 minutes but again is not necessary for the EA to work properly. 7777 wrote: totally agree this Don belongs in Jail "I HAVE 32 YEARS COMBINED OVER 4 CURRENCIES WITH NO LOSSES." Anybody making a statement like that belongs in a mental institution. Every single participant in this contest (except you) realizes that fact. And anybody selling an EA based on a statement like that belongs in jail. So quit flooding your comment section with with your own sales pitch. Seeing once is plenty disgusting enough! Oh, but I forgot, you're mentally ill... 2008.04.13 08:21
I am glad that we saw the end of this expert, Don used to post lots of misleading informaiton about his expert all over the web, he also tend to fake the results, well not anymore :) everybody can see that this is a very bad expert
2008.04.13 08:19
Steinitz wrote: but if you backtest with optimized paramters this result is possible all the time!
the problem with this overoptimization you got in the championship, near no losses
in the backtest, many losses in real. Email me if you want to hear why my standings are not great. I used a stop loss which I don't practice in live trading and my trigger is set for 60-100 pips in the contest but I use 20 pips trigger that locks in 5 pips on live trading. If you back out the losses due to a SL and use my trigger of 20 pips the results are emensely different. No losses would be encountered and profits would be somewhere in the neighborhood of 40-100 pips. This would place me in the top end of the championship. My email is steinitz@cox.net I will give you a in depth explination of the details. I have returned over 7000 pips in the last 3 months with 1 trade I closed out manually. All other 300+ trades are positive! I have 32 years combined over 4 currencies with NO LOSSES. Check my website at: www.ForexRobotTrader.com and click on the performance link. Thanks Don why you did not use the system like you will sell it in the championship? because now with the forward test you have very big losses. "I HAVE 32 YEARS COMBINED OVER 4 CURRENCIES WITH NO LOSSES."
Anybody making a statement like that belongs in a mental institution. Every single participant in this contest (except you) realizes that fact. And anybody selling an EA based on a statement like that belongs in jail. So quit flooding your comment section with with your own sales pitch. Seeing once is plenty disgusting enough! Oh, but I forgot, you're mentally ill... 2007.11.20 03:17
Email me if you want to hear why my standings are not great. I used a stop loss which I don't practice in live trading and my trigger is set for 60-100 pips in the contest but I use 20 pips trigger that locks in 5 pips on live trading. If you back out the losses due to a SL and use my trigger of 20 pips the results are emensely different. No losses would be encountered and profits would be somewhere in the neighborhood of 40-100 pips. This would place me in the top end of the championship. My email is steinitz@cox.net I will give you a in depth explination of the details. I have returned over 7000 pips in the last 3 months with 1 trade I closed out manually. All other 300+ trades are positive! I have 32 years combined over 4 currencies with NO LOSSES. Check my website at: www.ForexRobotTrader.com and click on the performance link. Thanks Don Email me if you want to hear why my standings are not great. I used a stop loss which I don't practice in live trading and my trigger is set for 60-100 pips in the contest but I use 20 pips trigger that locks in 5 pips on live trading. If you back out the losses due to a SL and use my trigger of 20 pips the results are emensely different. No losses would be encountered and profits would be somewhere in the neighborhood of 40-100 pips. This would place me in the top end of the championship. My email is steinitz@cox.net I will give you a in depth explination of the details. I have returned over 7000 pips in the last 3 months with 1 trade I closed out manually. All other 300+ trades are positive! I have 32 years combined over 4 currencies with NO LOSSES. Check my website at: www.ForexRobotTrader.com and click on the performance link. Thanks Don Email me if you want to hear why my standings are not great. I used a stop loss which I don't practice in live trading and my trigger is set for 60-100 pips in the contest but I use 20 pips trigger that locks in 5 pips on live trading. If you back out the losses due to a SL and use my trigger of 20 pips the results are emensely different. No losses would be encountered and profits would be somewhere in the neighborhood of 40-100 pips. This would place me in the top end of the championship. My email is steinitz@cox.net I will give you a in depth explination of the details. I have returned over 7000 pips in the last 3 months with 1 trade I closed out manually. All other 300+ trades are positive! I have 32 years combined over 4 currencies with NO LOSSES. Check my website at: www.ForexRobotTrader.com and click on the performance link. Thanks Don Email me if you want to hear why my standings are not great. I used a stop loss which I don't practice in live trading and my trigger is set for 60-100 pips in the contest but I use 20 pips trigger that locks in 5 pips on live trading. If you back out the losses due to a SL and use my trigger of 20 pips the results are emensely different. No losses would be encountered and profits would be somewhere in the neighborhood of 40-100 pips. This would place me in the top end of the championship. My email is steinitz@cox.net I will give you a in depth explination of the details. I have returned over 7000 pips in the last 3 months with 1 trade I closed out manually. All other 300+ trades are positive! I have 32 years combined over 4 currencies with NO LOSSES. Check my website at: www.ForexRobotTrader.com and click on the performance link. Thanks Don |
Sponsors
Media Sponsor
Organizer
|
Email me if you want to hear why my standings are not great. I used a stop loss which I don't practice in live trading and my trigger is set for 60-100 pips in the contest but I use 20 pips trigger that locks in 5 pips on live trading. If you back out the losses due to a SL and use my trigger of 20 pips the results are emensely different.
No losses would be encountered and profits would be somewhere in the neighborhood of 40-100 pips. This would place me in the top end of the championship. My email is steinitz@cox.net
I will give you a in depth explination of the details. I have returned over 7000 pips in the last 3 months with 1 trade I closed out manually. All other 300+ trades are positive! I have 32 years combined over 4 currencies with NO LOSSES. Check my website at: www.ForexRobotTrader.com and click on the performance link.
Thanks
Don