StatArbPro EA

[statarbpro]

Hi, when I see http://www.myfxbook.com/members/StraturaGroup/statarb/287178 , I find there is much DD, I don't really want to buy.
Also, will the license be COMPUTER-locked?

The DD has been referenced time and again. I won't beat a dead horse.

And yes, the EA will be computer locked. It's far too valuable to distribute any other way.

[statarbpro]

Please, what is the maximum date to get this EA for 300/500USD depending on the license?
What is the maximum DD on last 2 months?
Thanks

Whenever the EA is released the manual system will still be supported, but will no longer be sold. Realistically 30-45 days, but if the trade volume keeps up it could be sooner. Statistically I just need X number of trades to compare my manual entries and the EA entries to call it good. Thus far it's performed flawlessly.

[statarbpro]

Hello everybody,
Just bought it after reading the whole thread. Not yet reply from sales@statarb.pro or support@statarb.pro, but being Sunday I understand, so I'll be patient for now to receive the system.

Cheers and many pips to all

As I stated before and on the thank you page when you check out, it could take up to 24 hours to get the system during the week. I worked all weekend as well, so everyone who provided all of their information has their system. Anyone who has not yet received their system hasn't provided the information that we requested in the welcome email. Anyone who hasn't received their welcome email, it's most likely in your spam folder as we've found to be true in 99% of the cases thus far.

[statarbpro]

Advertisement

Regarding the suspension:

It is temporary. Trying to trade for the funds that I do and enter everyones info in 2 places while answering tech support emails while.... you get it/ It was all just a bit overwhelming. I am surprised and humbled at the response we've received thus far, so thank you. I just want to maintain the best customer service that I can.. I really, genuinely want people to succeed and provide a good service. Part of that is knowing when I'm backed up and not doing it. I felt that I reached that point today.

That said, we're streaming the checkout process to get all info entered in to the right places automagically (yes... autoMAGICALLY) as I have been doing it all by hand. We've migrated to a new, much bigger server to deal with the traffic and all of the connections for licensing. Once this is all in place and the DNS has had plenty of time to propagate and every connection is coming to the new server and the checkout procedure is 100% automated, I'll let it go again, but not before.

[statarbpro]

Will those of us recently frozen out get a chance to purchase?  //Tony

See post above ^^^

[Tekel]

Regarding the suspension:

It is temporary. Trying to trade for the funds that I do and enter everyones info in 2 places while answering tech support emails while.... you get it/ It was all just a bit overwhelming. I am surprised and humbled at the response we've received thus far, so thank you. I just want to maintain the best customer service that I can.. I really, genuinely want people to succeed and provide a good service. Part of that is knowing when I'm backed up and not doing it. I felt that I reached that point today.

That said, we're streaming the checkout process to get all info entered in to the right places automagically (yes... autoMAGICALLY) as I have been doing it all by hand. We've migrated to a new, much bigger server to deal with the traffic and all of the connections for licensing. Once this is all in place and the DNS has had plenty of time to propagate and every connection is coming to the new server and the checkout procedure is 100% automated, I'll let it go again, but not before.

Thanks!  Very reasonable of you.  Looking forward to participating.  Looks like a great system.  //Tony

[Kevin @ FXPIG]

statarbpro,

You mentioned in an earlier post that the MT4 EA is something new...do you currently have or do you plan on coding something that can be connected via FIX? I would be interested in demo'ing this on our FIX API if possible (or MT4) to see if our feed is suitable which I believe it is. I have some calls scheduled with a few of our LPs (ECN) this week and may ask them to stream us some of the more exotic pairings if I see any potential. On our DMA side we already price most of these pairs already...so a test there would be in order as well.

Cheers,

[nick222]

on board with you ,bought it yesterday but still waiting for it (24hres) business day.
must have been one of the later ones to get it, eager to try it

[proscalp]

To those who bought it... Would you like to give me your information / setup for me a demo account so I can have an idea of DD, how does the EA do exactly, before going live?

We must profit as license server is I think not yet ready. I could setup multiple configuration and share with you so we find the better way to maximize profit

Please note I only want to test in DEMO, so no "piracy"...

[littlemax]

FXCM mt4 demo in AUD base currency doesn't work with some exotics at the moment even though they are streaming prices on the platform, and got offquotes on 8 of the exotic pairs:
usdhuf, eurhuf, usdrub, sekjpy, usdczk, eurcxk, usdpln, eurpln. Just been on the phone to FXCM discussing this - it does work ok on a USD base account though, they have noted & will send this to their tech support to be updated. It seems the update for these exotics must be recent & hasn't been fully enabled for the demo platform in all base currencies yet. They said it's working ok on the live platform for AUD base though.
 

[The_Snowman]

@ statarbpro, or anyone who has read the manual, refer page 28, about trade exits, see quote, thanks for discussion 

5. Exit trades either:
a. Winner - At the trigger. There is no need to confirm an exit signal.
b. Loser - If the trade reaches 2X your risk parameter. Meaning:
1. Your risk is set to 1%
2. You have a $10,000 balance.
3. The trade is drawn down $200 or 2%.

So, when I set my initial trade position size, according to what I thought was my RISK eg 1%, now I see that I really need 1/2 that size because my real RISK is 2%

Now, is that 2% for both positions, if not, hey maybe I'm now down 4% due to having 2 trades open correct?

I wonder how the EA is going to make these critical calculations when it goes live, or will is just trade an arbitrary standard size of 0.10 something like that?

No, 2% risk is 2% risk for the entire arb basket.

And no, it can't trade an arbitrary lot size. That would defeat the entire position normalizing / market neutral methodology and skew risk to one side or the other. If you're reading a euro pair, and aussie par and your account is in USD, everything has to come back to USD as that's what your risk is based on. 100K EUR is 126K USD at the moment and 100K AUD is 99K USD, everything is as neutral as we can make it so no, arbitrary lot sizing would not be proper.

And as far as the EA controlling risk, it's really quite simple. A magic # is assigned to any 1 arb trade. PL is calculated for that arb trade and if DD reached the threshold the arb is closed. Same for the overall basket of arb pairs.

Yeah, OK, great answer, but my main point was about the Manual saying "EXIT : When trade is 2 times your RISK" - Why can't it just say Exit: When your 2% Risk is reached? Why does it have to be 2 times something?

Thanks again, hope to have my indicator soon

[statarbpro]

on board with you ,bought it yesterday but still waiting for it (24hres) business day.
must have been one of the later ones to get it, eager to try it

If you've not received it thus far, you haven't provided all of the info we've asked for in the email with the DL link to the manual. Please supply us with that and I'll get it out to you immediately.

[statarbpro]

@ statarbpro, or anyone who has read the manual, refer page 28, about trade exits, see quote, thanks for discussion 

5. Exit trades either:
a. Winner - At the trigger. There is no need to confirm an exit signal.
b. Loser - If the trade reaches 2X your risk parameter. Meaning:
1. Your risk is set to 1%
2. You have a $10,000 balance.
3. The trade is drawn down $200 or 2%.

So, when I set my initial trade position size, according to what I thought was my RISK eg 1%, now I see that I really need 1/2 that size because my real RISK is 2%

Now, is that 2% for both positions, if not, hey maybe I'm now down 4% due to having 2 trades open correct?

I wonder how the EA is going to make these critical calculations when it goes live, or will is just trade an arbitrary standard size of 0.10 something like that?

No, 2% risk is 2% risk for the entire arb basket.

And no, it can't trade an arbitrary lot size. That would defeat the entire position normalizing / market neutral methodology and skew risk to one side or the other. If you're reading a euro pair, and aussie par and your account is in USD, everything has to come back to USD as that's what your risk is based on. 100K EUR is 126K USD at the moment and 100K AUD is 99K USD, everything is as neutral as we can make it so no, arbitrary lot sizing would not be proper.

And as far as the EA controlling risk, it's really quite simple. A magic # is assigned to any 1 arb trade. PL is calculated for that arb trade and if DD reached the threshold the arb is closed. Same for the overall basket of arb pairs.

Yeah, OK, great answer, but my main point was about the Manual saying "EXIT : When trade is 2 times your RISK" - Why can't it just say Exit: When your 2% Risk is reached? Why does it have to be 2 times something?

Thanks again, hope to have my indicator soon

You're correct, I will clarify that in the manual.

And I know I sent your indicator and login details out yesterday. Please check your SPAM folder. A Lot of our stuff gets delivered there for some reason. I'm assuming because it's a relatively new domain and we have a LOT of email traffic coming and going.

[statarbpro]

statarbpro,

You mentioned in an earlier post that the MT4 EA is something new...do you currently have or do you plan on coding something that can be connected via FIX? I would be interested in demo'ing this on our FIX API if possible (or MT4) to see if our feed is suitable which I believe it is. I have some calls scheduled with a few of our LPs (ECN) this week and may ask them to stream us some of the more exotic pairings if I see any potential. On our DMA side we already price most of these pairs already...so a test there would be in order as well.

Cheers,

We've been trading it via a black box /  FIX configuration for quite some time and it's what we do for all of our institutional clients. As it's highly proprietary and a lot more information gets passed over FIX and due to the integration times and efforts, I won't be testing it out anywhere new. The simple fact of the matter is it doesn't need it and I'm concentrating my efforts on supporting the retail clients we've taken on and will in the future. I honestly want some retail traders to have access to this technology and that is where my focus is at the moment. The FIX version doesn't need further development nor testing and is live with quite a large chunk of AUM. The The EA is due out soon so I'd suggest watching for that. If I've totally misread your post's intent or you had something different in mind please email me directly @ mclean@[domainname] and we can discuss.

[XOden]

Dude, spend the money....get it over with.  You make it back in a few trades....geez.

To those who bought it... Would you like to give me your information / setup for me a demo account so I can have an idea of DD, how does the EA do exactly, before going live?

We must profit as license server is I think not yet ready. I could setup multiple configuration and share with you so we find the better way to maximize profit

Please note I only want to test in DEMO, so no "piracy"...