Comments on: Winalot And EAezGor http://BestForexEA.com/2009/06/winalot-and-eaezgor/ Searching for The Best Forex EA Around Sat, 13 Mar 2010 17:21:08 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: saucebook http://BestForexEA.com/2009/06/winalot-and-eaezgor/comment-page-1/#comment-770 saucebook Thu, 25 Jun 2009 09:31:48 +0000 http://BestForexEA.com/?p=886#comment-770 I am one of the users mentioned in support's email as renewing monthly license, in my case every month since Jan, so you can be sure I'm happy with performance. I just stumped up for the full version of Winalot and will do the same with Eazegor when my account has grown a bit more. Eazegor and Winalot take the top two slots in my Top Ten on thebotfarm - I think the important point is that the developer is constantly re-optimising for current market conditions - and sends updates even to his existing users, so the results from years ago probably aren't really an obstacle. I am one of the users mentioned in support’s email as renewing monthly license, in my case every month since Jan, so you can be sure I’m happy with performance. I just stumped up for the full version of Winalot and will do the same with Eazegor when my account has grown a bit more. Eazegor and Winalot take the top two slots in my Top Ten on thebotfarm – I think the important point is that the developer is constantly re-optimising for current market conditions – and sends updates even to his existing users, so the results from years ago probably aren’t really an obstacle.

]]> By: Michael http://BestForexEA.com/2009/06/winalot-and-eaezgor/comment-page-1/#comment-756 Michael Tue, 23 Jun 2009 08:22:31 +0000 http://BestForexEA.com/?p=886#comment-756 Hello, I am using Winalot on my live account since a few weeks and it is doing very well for me. ;-) Hello,

I am using Winalot on my live account since a few weeks and it is doing very well for me.

;-)

]]> By: Easy EA Support http://BestForexEA.com/2009/06/winalot-and-eaezgor/comment-page-1/#comment-755 Easy EA Support Tue, 23 Jun 2009 06:59:22 +0000 http://BestForexEA.com/?p=886#comment-755 Thanks for the review, Casey. It comes across as being a very honest appraisal. I'm all for constructive criticism because this helps us to improve things. There are probably several points worthy of comment, but I'll try to clarify the situation on just a couple of them for now. Firstly the issue of validating the login through our server. This is something which happens just once a day and takes just milli-seconds. Similarly the licence is rechecked once a day thereafter. It's certainly not dependent upon there being a continuous 24/7 response from our server and it doesn't slow the operation of the EA at all. It's an unfortunate sign of the times that this is necessary simply for authors to protect their intellectual property rights. Believe me, it costs a lot of money to set up and I'd rather that it wasn't necessary, but if anybody's serious about their product .......... That aside, there are a lot of benefits to using this approach. It's certainly not new and the majority of software companies use it. Have you ever wondered how McAfee didtribute their updates and tell you when your AV software is about to expire? The not-so-obvious benefits are that we can renew licences automatically without needing to re-issue files. In future we will be able to provide notification of updates via a pop-up message box and use our server to relay updated optimised settings automatically straight into the EA without the user needing to do anything. I personally feel those benefits far outweigh any perceived downside. Regarding poorer performance in years gone by, I'm not really sure what to make of this in all honesty. The latest versions of Winalot have been optimised over an 18 month period, so I feel that they are very robust. EAzeGor is always going to be optimised to the price action of the last few weeks so that it maintains strong performance going forwards. It's no surprise therefore that the settings for June 2009 didn't work very well 4 or 5 years ago. At that time, however, the users would have been using different settings which would have worked then so the results are really meaningless. As I said to Casey, I think too much emphasis is put on what happened several years ago. The fact is that we're trading TODAY. This is a bit like putting mirrors in cars. Who cares where you've been? It's where you're going that's important! :) If anybody has any other questions, please fire away. I'll be happy to try to answer them. Thanks for the review, Casey. It comes across as being a very honest appraisal. I’m all for constructive criticism because this helps us to improve things.

There are probably several points worthy of comment, but I’ll try to clarify the situation on just a couple of them for now.

Firstly the issue of validating the login through our server. This is something which happens just once a day and takes just milli-seconds. Similarly the licence is rechecked once a day thereafter. It’s certainly not dependent upon there being a continuous 24/7 response from our server and it doesn’t slow the operation of the EA at all.

It’s an unfortunate sign of the times that this is necessary simply for authors to protect their intellectual property rights. Believe me, it costs a lot of money to set up and I’d rather that it wasn’t necessary, but if anybody’s serious about their product ……….

That aside, there are a lot of benefits to using this approach. It’s certainly not new and the majority of software companies use it. Have you ever wondered how McAfee didtribute their updates and tell you when your AV software is about to expire? The not-so-obvious benefits are that we can renew licences automatically without needing to re-issue files. In future we will be able to provide notification of updates via a pop-up message box and use our server to relay updated optimised settings automatically straight into the EA without the user needing to do anything.

I personally feel those benefits far outweigh any perceived downside.

Regarding poorer performance in years gone by, I’m not really sure what to make of this in all honesty. The latest versions of Winalot have been optimised over an 18 month period, so I feel that they are very robust. EAzeGor is always going to be optimised to the price action of the last few weeks so that it maintains strong performance going forwards. It’s no surprise therefore that the settings for June 2009 didn’t work very well 4 or 5 years ago. At that time, however, the users would have been using different settings which would have worked then so the results are really meaningless.

As I said to Casey, I think too much emphasis is put on what happened several years ago. The fact is that we’re trading TODAY.

This is a bit like putting mirrors in cars. Who cares where you’ve been? It’s where you’re going that’s important! :)

If anybody has any other questions, please fire away. I’ll be happy to try to answer them.

]]> By: onur http://BestForexEA.com/2009/06/winalot-and-eaezgor/comment-page-1/#comment-754 onur Mon, 22 Jun 2009 21:33:13 +0000 http://BestForexEA.com/?p=886#comment-754 @ square root U could use VPS, B U T the real problem is, as Casey said, the worst case on the providers server side.... I would never ever risk my money with such an EA @ square root
U could use VPS,

B U T

the real problem is, as Casey said, the worst case on the providers server side….
I would never ever risk my money with such an EA

]]> By: SquareRoot http://BestForexEA.com/2009/06/winalot-and-eaezgor/comment-page-1/#comment-752 SquareRoot Mon, 22 Jun 2009 17:22:22 +0000 http://BestForexEA.com/?p=886#comment-752 I tried a previous version of WinALot for the one month fee. It places one trade during the asian session with SL and TP near excellent S/R levels. It is profitable until the market starts to reverse. One trade will remain open while a second trade is placed in the opposite direction. This is a problem for US brokers since hedging has been forbidden. Regarding the server connection on newer version ... I prefer a standalone EA. My broadband hiccups every once in awhile. I tried a previous version of WinALot for the one month fee. It places one trade during the asian session with SL and TP near excellent S/R levels. It is profitable until the market starts to reverse. One trade will remain open while a second trade is placed in the opposite direction. This is a problem for US brokers since hedging has been forbidden. Regarding the server connection on newer version … I prefer a standalone EA. My broadband hiccups every once in awhile.

]]> By: J Santos http://BestForexEA.com/2009/06/winalot-and-eaezgor/comment-page-1/#comment-751 J Santos Mon, 22 Jun 2009 14:14:27 +0000 http://BestForexEA.com/?p=886#comment-751 Very honest review. The problem with backtesting is we will never know whether those bad curves from a few years back is really how the EA would have performed in such market conditions or just an inherent limitation of MT4 in backtesting longer history. I wish the code could be programmed in EasyLanguage for TradeStation and get a "second opinion" of charting platforms. Very honest review. The problem with backtesting is we will never know whether those bad curves from a few years back is really how the EA would have performed in such market conditions or just an inherent limitation of MT4 in backtesting longer history. I wish the code could be programmed in EasyLanguage for TradeStation and get a “second opinion” of charting platforms.

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