PID SP4 EA

PID stands for Proportional Integral Derivative

The primary reason why the PID system is trading 12 pairs simultaneously is to create the "buffer effect" when one or two pairs decide to take a dive to the other direction. The profits covered by the other pairs will be enough to cover the losses by the loosing pairs. This is why you will notice on the statements generated, the equity curve has a smooth climb. The group take profit mechanisms are handled internally by the EA.

"PID SP4", This EA give high return in the last 3 months and many traders are happy with it. So I decide to stop my live account with Shark EA and Jiterbug EA, replace it with PID SP4.

Many of my friend got return about 40%-50%/month using PID, than I go live since 1 August and I think this is my bad luck. In one week I loss almost $500. All my profit using Shark and Jitterbug EA is eaten. The $500 loss is I close manually, as many my friends don't close it and the result is margin call.

After that I decide to withdraw remaining of the funds and not trade PID SP4 EA for the time being.

This is my live statement graphic using PID SP4 EA since 4 August 2008


You can download my live statement dated 10 August 2008