View this page "Demo Account Results for the Triangular Arbitrage Calculator"

[SVP]

Click on
http://groups.google.com/group/rgmorrisnet-ultimate-mt4-client/web/demo-account-results-for-the-triangular-arbitrage-calculator
- or copy & paste it into your browser's address bar if that doesn't
work.

[Stu]

These results are amazing! Almost too good to be true though. What
kind of challenges would one face trading this on a live account vs. a
demo.

Do you think IBFX would be a good broker for this? Would you somehow
need to send different legs of the trade to different brokers at the
same time?

I would think IBFX would catch on real quick and slippage, spreads,
etc. would cuase headaches. Are you planning to test this live soon?

I am very interested in trying this out. May I ask why you are
offering this tool for free at the moment?

[SVP]

The profits are not achieved in matter of micro-seconds but depends on
the minimum
profit set. For example, a $10 minimum profit would take about 15
minutes to achieve,
$50 minimum profit would take about 55 minutes to achieve, while a
$150 minimum
profit setting takes about 11 hours and 25 minutes to achieve. To any
broker, you are just
opening three simultaneous trades.

You are not really catching arbitrage opportunites as they are rare
instead using the
correlation of the arbitrage currencies and a reliable trend indicator
to make trades.

The arbitrage calculator included in the Forex ITE uses the Triangular
Arbitrage formula for
calculation.

Since the demo account balance has been doubled as per my requirement,
I will begin live
testing and post the results. Have to warn you that you should have a
minimum of $500 balance
to start anything less will trugger margin calls and wipe out your
account.

Only one set of currencies are offered free, a registration fee is
required to gain access to
all the currencies provided.

The Forex ITE manual updates the trading strategy used to achieve
these gains.

[Stu]

When you say 'reliable trend indicator', what are you referring to?
Which set of currencies are free right now? How much is the
registration fee?

I'll read over the Forex ITE manual before I ask any more questions.

> > offering this tool for free at the moment?- Hide quoted text -
>
> - Show quoted text -

[Stu]

OK I read the manual. Another question: Do I have to close the trad
emyself manually or will it be closed automatically? What about a stop
loss level?

On Mar 4, 9:10 am, SVP <phkcorp2...@gmail.com> wrote:

[SVP]

The trades close automatically when the total profit for the three
currencies (the same magic number/id) exceeds
the minimum profit set in the paramater settings of the EA.

Even I cannot close 9 nine trade manuals and manage to have the same
time stamp.

No stops unless you set them manually after the trade is accepted by
the broker.

I suggest log in as an investor and watch active trades so you can get
a feel of how the system behaves
with the market.

> > - Show quoted text -- Hide quoted text -

[SVP]

Suggest to wait after my live testing is complete and results are
posted before conducting your evaluation?

On Mar 4, 10:44 am, Stu <stuartandmelodyas...@gmail.com> wrote:

> > - Show quoted text -- Hide quoted text -

[Stu]

Thanks for the update and answering my questions. I am eagerly
awaiting your live results. If all goes well I will play with a small
amount of money to start, maybe $1,000 intially.

What kind of returns are you anticipating?

[FAB4X]

Is there a specific time to enter your trades? Or it doesn't matter
when as long as the calculator shows a postive profit result

[SVP]

You will need to use your own knowledge and skills to decide when to
place a trade.
The ArbCalc gives you the ability place 3 simultaneous trades in 3
different currency pairs
at 3 different lot sizes.

[SVP]

Conducting a Demo account test against Forex.com with an initial $500
deposit. Will post results upon completion of test, which is either
double the initial account balance or deplete the account.

[SVP]

If you wish to monitor the test, you can log in as an investor using
the following login credentials;

Broker : Forex.com
Server : Forex.com-Demo
Login : 90164522
Investor : 6htjthx (read only password)

[Stu]

I tried to log in to watch the Forex.com testing but received the
'invalid login' message. I called Forex.com and they informed me that
they had a server issue and that some demo accounts had been deleted.
They said yours is one of the demo accounts that was deleted. Are you
planning to start a new demo run on Forex.com MT4?

[Stu]

Is the old IBFX test still running? I tried to log in with the
following:
You can view this account from the Investor login provided:

Broker : InterbankFX
Server : InterbankFX-MT4 Demo Accounts 2
Login : 5511499
Investor : co7jzdp (read only password)

But received an invalid account message.

Did you abandon that test once you doubled the account balance? If so
I will try to access the new Forex.com test.

How is the LIVE test going?

On Mar 10, 7:29 am, SVP <phkcorp2...@gmail.com> wrote:

[Stu]

OK nevermind I was able to log on and see that the last trade for the
IBFX test ended 03/04/09 and the final balance was 1121.73.

On Mar 10, 7:29 am, SVP <phkcorp2...@gmail.com> wrote:

[frito]

Whats up with IBFX demo account have u stopped it? Doesnt make sense
to test something for a week or two...says nothing...

On Mar 13, 8:37 pm, SVP <phkcorp2...@gmail.com> wrote:
> Will be making changes to the TAC to include the choice of 3 separate
> MT4 sessions (thus providing a workaround for Interbank)
> This also will ad three separate TAC EX4 files. The CUA will remain
> similiar functionality that everyone has famaliarity.
> With the separate MT4 sessions for each ccy pair, opens the
> possibility of using seperate MT4 brokers or the same broker.
>
> Changes are targeted for release after March 20 for user evaluation
> and system testing.

> > > Investor   : 6htjthx (read only password)- Hide quoted text -

[SVP]

My goal for doubling the account balance was met, then would move to
live testing, but that
has been delayed when I discovered the block by IBFX from making cross
trades from a single chart.

However, I am resolving this issue in code changes and once complete
will re-test on the demo account
(the same one -- if not deleted?) and meets my requirement, then move
to live testing.

If necessary, I rather my account be depleted to correct and tune the
trading application so your account will not suffer
a similar fate.

Development on the FXNewsHunter, 4-REX and FXTrafiker have been
suspended while the TAC is undergoing improvements and changes.

Any critical fixes needed for FRF will be treated as a high priority.
FRF is the only production-ready for live trading and will receive
this level attention. All others are consider RC (release candidates)
as wll aa the Forex ITE. There were minimal changes made to FRF when
it was integrated into the Forex ITE (this being the addition of the
Volume and MFI values for the market stream) as well as receiving
status from MT4 in response to trade submissions to the broker, som
changes made in the EX4 (but the improvements were backed out as they
were causing problems), other than these, the FRF os the same as the
last single,independent release. Technically, you should be able to
use the previous FRF with the new DLL and EX4 files and operate the
same with the exception of not receiving MT4 messages, but have not
verified this configuration?

The TAC is not a true arbitrage but after performing searches, closely
resembles the "Impeccable Hedge", though the TAC was not designed
after this and totally independent. Has a lot of potential as proven
by the previous test session.

Thank you being patient with me.

> > > - Show quoted text -- Hide quoted text -

[Stu]

How has the FRF been performing live, do you have extensive results to
report? I just signed up for the Forex Raptor Freeware Support group,
are there any other Google groups you guys have or just this one and
that one - 2 total?

Looking forward to the live testing results of the TAC. Good idea to
enable sending trades to 3 different brokers. But, two questions: 1)
Doesn't the impeccable hedge model require that each leg of the
triangle be opened at the exact same time in order to exploit any
ineffiiciency? and 2) Don't the broker spreads eliminate any gains
that are possible?

Keep up the great work!

[SVP]

closely resembles the impeccable hedge but doesn't.

not worry about the spreads because you are not really arbitrage
trading as the
ccy pairs remian open until the minimum profit has been breached.
the advantage and usefulness of TAC is the ability to open 3
simultaneous trades within one
chart session for 3 independent ccy pairs except with Interbank for
which a work around is in progress

True Arb Trading is to open and close the pairs immediately to take
the difference, for which is not possible
unless you are a bank or first level trader.

TAC is called Traingular Arbitrage Calculator as it uses the formula
for Traingular Arbitrage as describe on the pages in this group and
nothing more.

By thinking outside the box, i have found another use for the TAC that
brings success to the average trader like you and me, by using the
concept of triangular arbitrage. You can do the same thing manually by
calculating the gains/loss from the formula from your choice of the 3
ccy pairs and then open 3 corresponding market trades. The TAC does
this for you quicker and in a more efficient manner.

[Stu]

So the TAC is based on Fractional Product Inefficiency. You make gains
when the FPI moves from one extreme to the other. Is this correct? I
read the Kreslik.com forum on the subject http://kreslik.com/forums/viewtopic.php?t=307

The author says this startegy is impossible with common brokers or
even ECNs. He says "You have to go to a direct interbank market like
EBS or Reuters Matching."

Do you really believe that the impeccable hedge will be possible with
any MT4 broker? I sure hope so, this is an awesome strategy - in
theory!

[SVP]

The ccy pairs in forex trading are not mutually exclusive to each
other. Using the TAC in this manner is
trading with ccy pairs closely related to each other.

You see the demo results that produce a positive gain, account balance
doubled in 4 days by using the TAC to
find the FPI and other indicators to best the determine the trend,
with the FPI to identify the combination that
gives a better probability for the best and quicker gain.

This TAC does not use TA and FPI in the traditional manner. The
results speaks for themselves.

In the US, Interbank and Forex.com are chosen as they are reputable,
located in the US and subject to SEC security laws. Unfortunately, the
current TAC does not work with Interbank and a fix is in progress.

For non-US users, which brokers do your prefer to ensure the TAC
functions as designed with those brokers.

On Mar 17, 10:32 am, Stu <stuartandmelodyas...@gmail.com> wrote:
> So the TAC is based on Fractional Product Inefficiency. You make gains
> when the FPI moves from one extreme to the other. Is this correct? I

> read the Kreslik.com forum on the subjecthttp://kreslik.com/forums/viewtopic.php?t=307

[frito]

I think since the strategy isnt a hedge when used on a small account
compared to the trade position size(like in ur doubling the account
test) it will wipe the account or cause a massive DD.

[Stu]

Is there a current demo test that we can access with an investor
login? I am unable to access the Forex.com demo test with the info you
provided last time I tried.

[SVP]

the interbank login account listed is still valid and the account
which the report was generated.
once changes are completed will create a new test account on forex.com
and post the investor login at that time.

[Stu]

Just wanted to report a discrepancy in the ITE platform with the FPI
listing: There is no Buy-Sell-Buy listed, instead Buy-Buy-Sell is
listed twice. Which one is supposed to be Buy-Sell-Buy, the top one or
the bottom one of the duplicate Buy-Buy-Sell?

On Mar 17, 1:23 pm, frito <tehuber...@gmail.com> wrote:

[SVP]

Thanks,. The first (top) Buy-Buy-Sell should read Buy-Sell-Buy the
calculation is correct,
just the label was incorrect.

[SVP]

The TAC changes are made and currently being tested on the following
account.

[SVP]

The fixes and testing is progressing positively. While a $500 minimum
balance at 200:1 us recommended, did verify
that a $250 account balance with a 500:1 minimum can also be used with
the exception of only one triabgular combo traded
at a time and that you are very accurate in your trend determination.
The TAC does not determine or predict the trend!
Choosing the wrong trend direction, you will have the same fate as the
demo accounts.

An update will be release shortly. This includes new DLL's and EX4
files

> > - Show quoted text -- Hide quoted text -

[SVP]

Also you can trade using the TAC with a minimum balance of $100 by
choosing a 500:1 leverage minimum and trading ONLY 0.01 lots and
nothing larger,
also you should set your target minimum profit to $1 instead of $10.

Also ensure that Margin Level stays near or above 1000%

You can see the demo account with $100 deposit at 500:1 as an
investor:

Broker : InstaTrader
Login : 231184
Investor : xw4orcq (read only password)
Server : ITC-Demo.com