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| Automatic Loss Recovery System (ALR) - read this first https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3682 |
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| Author: | PipPoppy [ Wed Jul 09, 2014 1:09 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
Testing this EA on all pairs - 4H charts. Three trades have just opened - AUDCAD & EURCAD both short and CADJPY to the long side. Looking at the charts all trades opened as per system rules. Pending Buy stop and Sell stop ALR trades also placed with increased lot sizes. The EA appeared to have a few issues opening the initial trades and then modifying the pending orders as a result of the platform (GP) losing connection at the same time. All looking good so far and will keep you posted with results. |
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| Author: | PipPoppy [ Wed Jul 09, 2014 1:12 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
Now I am confused - Wealthmaster has just posted a second EA. Which EA are we meant to be testing - SpiderX or Wealthmaster??? |
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| Author: | Dewey McG [ Wed Jul 09, 2014 1:29 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
Awesome! It is amazing how much talent there is on this forum! Please start a new thread under EA's with this. I would also suggest sending Steve a PM so he can tell everyone. |
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| Author: | Dewey McG [ Wed Jul 09, 2014 1:31 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
We3althmaster'S EA is a trade manager. You can use it with your own strategies. The other 2 are similar. test any and all, just don't try on a live account yet. |
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| Author: | SpiderX [ Wed Jul 09, 2014 1:47 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
i am gonna be a party pooper here... but in my book, if the orginal owner of this: Dustin has not given consent for wealthmaster to distribute this, it constitutes as stealing when we download it. If you have sold an EA to someone without giving him any permission to distribute it, then you find him distributing it for free in forums....how would you feel ? That doesnt sit quite right with me, so will pass on this. But if it is fine with you, please do not let my thoughts on this impose on you. I will work on an alternative stand-alone over the weekend. Cheers |
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| Author: | Dewey McG [ Wed Jul 09, 2014 1:54 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
You may be right, but I understood it differently. If the EA Wealthmaster posted is an exact copy of Dustin's he stole hos code, that would be a problem. From his other posts I assumed he and his programmer were taking the concept, which Dustin did NOT originate, and were able to code a trade manger to do the same thing. Hopefully Wealthmaster can clear this up |
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| Author: | SpiderX [ Wed Jul 09, 2014 1:55 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
Agreed. |
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| Author: | tex [ Wed Jul 09, 2014 2:18 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
Ah perfect ! Thanks Wealthmaster, will have a look |
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| Author: | kotsh [ Wed Jul 09, 2014 2:43 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
Thanks to all for sharing the EA with us! I don't think wealthmaster has shared the ORIGINAL ALR EA from Dustin Pass. First, wealthmaster has mentioned that he has been working with his programmer for 2 weeks to create this EA. Second, he shared the source code of the EA which I am sure Dustin wouldn't have done. last, if you attended one of Dustin's webinars, there he explained how this EA will not work if it is attached to an account other than the original buyer. The license that comes with the EA is bound to an Ip address (VPS) and account number/broker. Somehow like windows license, even if you have the original CD, it is useless without the license. |
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| Author: | SpiderX [ Wed Jul 09, 2014 2:44 pm ] |
| Post subject: | Automatic Loss Recovery System (ALR) |
Hi all, On second thoughts, it is quite likely that i have made a mistake and jumped the gun. It is quite unlikely that wealthmaster have source code from Dustin. My misunderstanding was when he mentioned "Paid EA". Apologies for any alarm caused and to all concerned ! Cheers |
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