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Ken Long Ken Long is offline
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Default 10-19-2008, 11:08 PM

I just posted a series of questions and comments on the board, but I'll try here as well.

mastermindg, and any others who are accually using this robot and not just venting.

Is the robot as versatile as claimed? In its listed features it is said to have many options for exit strategies, from fixed and trailing stops, to Heiken Ashi color change stops and profit targets.

If this robot can be programed to enter on certain parameters, can it also be programed to exit if those same parameters break down.

Why are there complaints of great drawdowns, and why is there a need to close all trades on a time stop, when the program can supposedly close trades itself based on price action as dictated by the Heiken Ashi indicator?

Can this program run a competant trailing stop/profit target based on the Heiken Ashi indicator?

If it enters on a confirmation of two time frames, a greater trend and a minor counter trend reversal, can it not be instructed to exit if either of these time frames changes color? Can it not exit half the position when the minor trend changes, and the other half when the greater trend changes?

If it can do this reliably, then what is the concern about stops, and why is it necessary to close open trades on a time stop? As long as the trend is good, we hold and let our profits accumulate. If the trend fails, exit on the signal.

Unless I am reading something wrong this is all offered in the features list on the web site.

I would really like to test this robot, but there is so much bs in these reviews that it is difficult to know what is real.
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