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Sunday, July 5, 2009

PIPTURBO, IS A CLONING OF VS_EURCHF_D01 ?

A new commercial Expert Advisor is releasing during this week and its name PIPTURBO. It is really new, because when I visit their official site and there is nothing out there except their home page. But I find something an interesting when I visited a site that reviews about PIPTURBO http://forex-naked-truth.com/pipturbo_review.html. Here is their statement:
PipTurbo also offers many trading filters that will prevent the ea from trading if certain conditions are or are not met. Some of these are very important and most users will wish they were implemented in ever EA they try.
Time Based Filters:
- Because most of the conditions occur at the closing of American’s Market to Asian’s Session, PipTurbo will include a Time Based Filter.
- Trade time only 21-0 GMT general for all pair. A larger time frame can be used like 21-4 but backtests will show fewer losses if kept at the 21-0 timeframe.
- No trades during the first 2 hours on Mondays. Many surprise moves here.
- No trades on Friday after 8 GMT.
- No trades from 20th of December to the end of the first week of the new year as this is one of the worst periods to trade.

Daily filters:
- No trades if the previous Daily close was above/below 2 deviations of Bollinger Bands.
You can avoid this rule to set TradeOutSideBand’s value to TRUE.
- No trades if current 5 Period of Daily Chart showing above MaxDayAtr.
- No trades if the previous days range is too low. Too low is defined as (yesterday high – yesterday low) is less than the current 5 day ATR. You can avoid this rule by setting TradeLowRangeDay value to TRUE.


I don’t mind if they create this expert from the scratch. It’s possible because all VS_EURCHF logic is explained in the manual. If really they make it from the scratch, and state that it is an EA that base on VS_EURCHF manual, then I am glad to recommend any my visitor to buy this Expert as an improvement of VS_EURCHF. But it’s sad if they just crack any free ea, repackage and then sell it to public.

4 komentar:

Anonymous said...

Thanks FYI

Anonymous said...

it doesn't make back test , need it dll ?

Syarif said...

No, it doesn't need dll. Try use fix lot.

Anonymous said...

I'am not satisfied from this cloning Pipturbo.Demo test are good but not like on VS.
VS is more more more good.Original always win! :) Thank you Volatily!
Regards, frx1234

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