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[ForexPopko]

Here are the results so far for July 2009 for S26 and other robots. (MD = Megadroid). The tool used to create this overview is called Trade Analyser by Easy-EA.com.


S26 has done very well so far! 238 trades and a profit of about 42% with respect to the starting capital of 1000 EUROs. Start date for S26 is the 3^rd of July.

-ForexPopko-

Hi ForexPopko,

Many thanks for your information, but I think there is an issue with the pip-results.

Regards

Reinhold

The pips results are multiplied by 10 due to the use of a 5 digit broker. Basically pints are shown and not pips. Is this what you are pointing at or is there something else wrong?

Regards,

-ForexPopko-

[ForexPopko]

i am very interested in this system 26 it appears the creator is kind of a pain to work with but if his system does work i can deal with that. looks like we have one person trading it currently.

forexpopko

my questions so far are. is this a live account or demo you are trading it on. also is it truely as hard as i hear to install and run. im not to worried about support i have yet to use fapt or megadroid support. the trading support he offers did you purchase that aswell.

thanks

This is a real money account at Alpari UK. I did buy the support (Nowadays you can't buy S26 without Support) and made use of it. My questions were answered satisfactory.

Regards,

-ForexPopko-

[someguy]

Dammit, I don't like the new MT4stats. You can't see the magicnumber and comment by mouse-over the date anymore.

Is it s26 that is losing money on forexpopkos account?

[Richo]

I have build 225 and I can see the comment and magic number when I put the mouse on the date.

Richo

Dammit, I don't like the new MT4stats. You can't see the magicnumber and comment by mouse-over the date anymore.

Is it s26 that is losing money on forexpopkos account?

[bertmartin]

Well I made the mistake of buying S26 and took the vendor at his word that it would work on US non-hedging account. Last night my Alpari (US) account cancelled several orders from this EA with the comment "hedge is prohibited". When I e-mailed asking for a resolution or swap to the other EA (MACD) he was inflexible. He stated I could open an account with Alpari (UK) which I can't. He also said to set hedging to false (already did that), and said to pick a direction and trade in that one direction. I responded that the EA was supposed to pick a direction! Anyway just more wasted money for me since a sales are final.
Bert

[bertmartin]

Well, after several (very polite) e-mails to the seller I could get no resolution on using the EA without going to some extremes like trading in one direction only or changing brokers, so I filed for resolution with Paypal. I found that they mainly deal with physical items, not so much software. After I filed for a resolution I got this e-mail from the seller. "For Terms of Service violation your FXB account canceled". I guess that means no support (Which I paid for) and no upgrades when he fixes the problem with hedging. I guess its true that he is vindictive. I wouldn't recommend this EA anyway since it requires a lot of hands on maintenance and optimization is not automatic like he states. It's a scalper which trades EURCHF for a few pips and has a 100 pip SL. Live and learn.
Good trading, Bert

[mikebondi]

sounds like this guyis a blast to deal with. i can deal with that if the product works. guess i will await some more stats to see if  this one works. i like the idea and it appears from the earlier statements that it could be profitable.

i read on forex peace army they tried to buy the product and the owner refused thier payment and didnt sell to them. i have written them asking them to attempt again to see if they could get something going with this ea.

i am almost excited by how much of a tool this guy is its the exact oposite of the others he says he only is looking for 30 percent of his income from sales. and makes the rest from trading his systems. if this is the case his trading would take alot of his time making support a bit tuff. but if he is making 70 percent off of his systems they must work.  i have heard of him turning away folks that is taking 200 dollars out of his pocket. 

i cant imagin if he knew it didnt work i would think he would never stop selling the robot for even an instant.

just my thoughts i could be wrong.

[someguy]

I have build 225 and I can see the comment and magic number when I put the mouse on the date.

Richo

Dammit, I don't like the new MT4stats. You can't see the magicnumber and comment by mouse-over the date anymore.

Is it s26 that is losing money on forexpopkos account?

You can see the magicnumber and ordercomment when holding the mouse over the date at golddigger.mt4stats.com? Really?

[Richo]

Sorry i misunderstood, i thought you were talking about MT4 on your own pc.

Richo

I have build 225 and I can see the comment and magic number when I put the mouse on the date.

Richo

Dammit, I don't like the new MT4stats. You can't see the magicnumber and comment by mouse-over the date anymore.

Is it s26 that is losing money on forexpopkos account?

You can see the magicnumber and ordercomment when holding the mouse over the date at golddigger.mt4stats.com? Really?

[ForexPopko]

I have build 225 and I can see the comment and magic number when I put the mouse on the date.

Richo

Dammit, I don't like the new MT4stats. You can't see the magicnumber and comment by mouse-over the date anymore.

Is it s26 that is losing money on forexpopkos account?

You can see the magicnumber and ordercomment when holding the mouse over the date at golddigger.mt4stats.com? Really?

The old version of MT4stats show the robot name when hoovering over the trades. The new version is missing this functionality 

S26 is making money but still about 25% of the trades end up in a loss. Does not really matter if the end result is positive, as it is 

-ForexPopko-

[erwal]

ForexPopko - is that 25% of trades end up hitting SL and -100 pips? Or is the loss managed somehow to avoid the full SL?

If 25% of trades end up -100 pips, that is pretty tough for a scalper snatching a few pips here and there to stay profitable, I would have thought 

[ForexPopko]

ForexPopko - is that 25% of trades end up hitting SL and -100 pips? Or is the loss managed somehow to avoid the full SL?

If 25% of trades end up -100 pips, that is pretty tough for a scalper snatching a few pips here and there to stay profitable, I would have thought 

So far I did not hit stop loss. Most losses are less then 20 pips. On average you need to have 1.5 winning trades to compensate for 1 loosing trade.

-ForexPopko-

[ForexPopko]

Here are my results for the month of June. S26 has done well but still open trades that could wipe most of the profit obtained by S26 if they hit S/L. As I traded about 60 lots  with S26 the Rebate provided by the Introducing Broker (The Aslan Group e.g.) will be quite  substantial  

-ForexPopko-

[mikebondi]

popko

 would i be correct in saying s26 got 50 percent gain before the floating drawdown and the rebates you gain from this robot.

also how hard is it to set this up i am thinking im gonna buy it next week.

also what broker are you using. i wonder how broker dependand this robot is.

thanks

[ForexPopko]

popko

 would i be correct in saying s26 got 50 percent gain before the floating drawdown and the rebates you gain from this robot.

also how hard is it to set this up i am thinking im gonna buy it next week.

also what broker are you using. i wonder how broker dependand this robot is.

thanks

50% profit for the month of June is correct.

I'm using Alpari UK as a broker. It is important that the broker has spreads at a maximum of 5 pips for EURCHF.
I have not tested S26 with other brokers yet. Have a look at the statements published on Forexbarometer.com to compare brokers.

There are a few ways to operate S26. Only in the auto optimize mode it is more then a 'drag and drop' installation. If you follow the instructions literally it will work. You need to have basic windows skills and some insight which files MT4 uses.

-ForexPopko-