Steinitz EA, 15 Weeks Result

This is the 15 Weeks i'm using "Steinitz HAS MTF EA" on live account.

This time Steinitz EA hurt me badly
Yesterday I close all open position in Steinitz because from 24.12.2008 to 02.01.2009 leverage for all accounts in FXOPEN will be reduced to 1:33

Account balance
2 Sep 08 (Start)= 7.385
5 Oct 08 = 10.890 (+18%)
3 Nov 08 = 13.321 (+80%)
1 Dec 08 = 14.034 (+90%)
24 Dec 08 = 7.268 (-1.5%)

All the profit made in 3 months all are gone and I get minus too. This is very bad.This is my live statement grahics since 2 Sepetember 2008

You can download live statement dated 23 December 2008

Steinitz EA, 14 Weeks Result

This is the 14 Weeks i'm using "Steinitz HAS MTF EA" on live account.

Account balance
2 Sep 08 (Start)= 7.385
5 Oct 08 = 10.890 (+18%)
3 Nov 08 = 13.321 (+80%)
1 Dec 08 = 14.034 (+90%)

Today 16 December, Steinitz EA continue to give high DD, Equity is 11.527. Its below Dec starting balance (14.034). Hope this not the 1st lossing month.

This is my live statement grahics since 2 Sepetember 2008

You can download live statement dated 16 December 2008

Steinitz EA, 13 Weeks Result

This is the 13th Weeks i'm using "Steinitz HAS MTF EA" on live account.

Account balance
2 Sep 08 (Start)= 7.385
5 Oct 08 = 10.890 (+18%)
3 Nov 08 = 13.321 (+80%)
1 Dec 08 = 14.034 (+90%)

Today 8 Desember, Steinitz EA give high DD, Equity is 13.148. Its below Dec starting balance (14.034). Let see if Steinitz EA can turn it to postive because it's just 1t week of December.

This is my live statement grahics since 2 Sepetember 2008

You can download live statement dated 08 Desember 2008

Steinizt EA - Update

Just got email from Steinizt about new version "Steinitz HAS MTF EA"

Hello members:

If you have recently upgraded to or purchased version 3.19 please disregard this e-mail completely!

Attached to this e-mail you will find a new version for version 2.0. Prior to this release we were on version 2.75. The new version is 2.76. As always there is no charge for updates for the robot that you purchased.

Here are the highlights of the recent changes:

1. Modified code to handle 5 digit pricing more efficiently. All of our robots were programmed almost a year ago to handle all 5 digit pricing. As time went on it was necessary to keep up with the changes the way brokers handled trading transactions. We found there were phantom trades that had a stop loss that resulted in the occasional trade closing in a loss. This has been fixed.

2. Stronger magic number sequence. This means our robots are even less likely to interfere with any other robots running on the same Meta trader 4 charting software.

3. We eliminated the 30 day automatic close feature along with halting any new trades towards the end of the month in favor of a more efficient treatment for closing down open trades. The new feature allows you to place a numeric value to determine when you want the open currency to close. Now each currency will be monitored individually and close precisely when you choose. If you don't want this feature turned on leave the default with a zero. For example if you choose 20 that currency will close precisely in 20 calendar days. If that day falls on a closed market day it will close on the next trading day opportunity.

Steinitz EA, 12 Weeks Result

This is the 12th Weeks i'm using "Steinitz HAS MTF EA" on live account. This month result is still positive result.

Account balance
2 Sep 08 (Start)= 7.385
5 Oct 08 = 10.890 (+18%)
3 Nov 08 = 13.321 (+80%)

Today 29 Nov 08, balance is 17.961 and have floating minus 3.927,72
Equity 14.034. Steinitz EA will close all position in the beginning of the month. So November result is +713 or 9.65%
Overall since 2 Sept +90%

This is my live statement grahics since 2 Sepetember 2008

You can download live statement dated 29 November 2008

Steinitz EA, 10 Weeks Result

This is the 10th Weeks i'm using "Steinitz HAS MTF EA" on live account. My account balance is increasing.

Account balance
2 Sep 08 (Start)= 7.385
5 Oct 08 = 10.890 (+18%)
3 Nov 08 = 13.321 (+80%)

Today 17.336 with -2.887 floating
So still give positive result

This is my live statement grahics since 2 Sepetember 2008

You can download live statement dated 19 November 2008

Steinitz EA, 9 Weeks Result

This is the 9th Weeks i'm using "Steinitz HAS MTF EA" on live account.
After Steinitz EA close all position in the beginning of the month, seems Steinitz EA start to climb up.

September profit is about 18%
October profit is about 62%
Hope this month result in positive too.

This is my live statement grahics since 2 Sepetember 2008

You can download live statement dated 11 November 2008

Steinitz EA, 8 Week Result

Two month already I go live with "Steinitz HAS MTF EA"

On 7 week result is awesome, but last week have a high Drawdown on Steinitz EA. If only I stop using Steinitz EA on 27 Oct 08. My balance is $18145 with floating minus only $515 at that time. But that is FOREX, U will never know what happened tommorow.

My initial deposit is $7385 since 2 September 2008. After Steiniz EA close all position in the beginning of month, now my balance is $13321 (about 80% in two months) with floating minus $217.70

September profit is about 18%
October profit is about 62%
That still count as a good result

This is my live statement grahics since 2 Sepetember 2008

You can download live statement dated 3 November 2008

Steinitz EA, 7 Week Result

Have u ever heard proverb "Picture show thousands words" ? Well this time "Live Statement shows thousands words" :D

FXOPEN live account using "Steinitz HAS MTF EA" after 7 weeks.


Here is the result of each pair

I made a mistake accidentally by attach Close ALL EA on one of the chart. Luckily there are only two open order. It's USDCHF -132 and EURGBP -619 r. U can see it in the graphics chart, there is turning line and EURGBP result is minus because of that.

You can download live statement dated 27 October 2008

Steinitz EA, 6 Week Result

My FXOPEN live account using "Steinitz HAS MTF EA" after 6 weeks is still growing.

My 1st deposit is 7385, now my balance is 14624 including rebate I received with floating loss about 1800. There is still 2 weeks left, lets see what Steinizt EA "Forexrobottrader" can do.

Here is my live statement graphics since 2 September 2008


You can download live statement dated 17 October 2008

Steinitz EA is EA of the month

What I can say about "Steinitz HAS MTF EA" is amazing.
I use it on live since 2 September with initial balance $7385. Now my balance is $13455 up 75% less than 6 weeks!! Isn't amazing?

Steinitz EA has some DD, but now the floating loss is less than $900.
Remember I use Steinizt 2.75 without hedge.

Here is my live statement graphics since 2 September 2008


You can download live statement dated 10 October 2008

In the detailed statement, u will see
2008.10.02 10:13 balance TRNS8:USD 1.03:33790-> 103.00
That's not add balance, but that's a rebate I recieved.

Steinitz EA, 1 Month Result

Last weeks result using "Steinitz HAS MTF EA" on my live account using FXOPEN have floating minus about 4K.

After I come back from my holiday. Just now I check my balance is now 10.890 from balance 7.385 and floating minus only 379.65 Steinitz EA close all position in the beginning of the month. It seems after closing all losing position, still have some profit. So profit about 18% this month. Not bad at all.

Well if u see the performance result on Steinizt official website "Steiniz HAS MTF EA" still have no losing month. At least the result in the performance page is not a fake result :D

Here is my live statement graphics since 2 September 2008


You can download live statement dated 1 October 2008

Steinitz EA 3 Week Result

This is 3th weeks result using "Steinitz HAS MTF EA" on my live account using FXOPEN.

I use new version 2.75 now. Since 2 September 2008, my balance increase to 10704.75 from initial deposit 7385.00. That means I bank profit 2901.08
But I'm not happy, infact I'm concern now. Why?
The floating Losses is -4732.44!!

One think about Steinitz EA, The EA will close all position in the end of the month. So I hope at the end of month, the floating will reduce, so there is little profit.
Here is my live statement graphics since 2 September 2008


You can download live statement dated 20 September 2008

Steinitz HAS MTF EA one week result

Just receive email from Don about "Steinitz HAS MTF EA".
He release new version
Version 2.75 without hedging capabilities
Version 3.19 with hedging capabilities

I test version 2.74 since 17 August 2008
Since 17 August till 31 August = Balance up 6%
Since 1 September till 9 September = Balance up 19,1%
Total my balance up to 25% with 6% Drawdown less than one month.

Here is my forward test graphics since 17 August 2008

You can download detailed statement dated since 17 August till 9 September 2008

Here is my forward test graphics since 1 September 2008

You can download detailed statement dated since 1 September till 9 September 2008

I decided to go live using "Steiniz HAS MTF EA" on 2 September
Here is my live statement graphics since 2 September 2008

You can download live statement dated since 2 September till 9 September 2008

If u compare the statement
Demo 1 September = up 19.1%
Live 2 Sepetember = up 15.6%
The profit is about 4% difference in one day.

Now I stop my testing on demo account, so next time I only post my live account statement

Steinitz HAS MTF EA

"Steinitz HAS MTF EA" also known as Forexrobottrader.
It has been 8 month since I test Version 2.65 on December 2007 until Januari 2008.

Actually there is two version about Steinitz HAS MTF EA.
The original was version 2.xx which is the update from Forex-Tsd Forum. Later the owner, Don release version 3.xx which has hedging capabilities. For client already purchase version 2.xx, want to upgrade to version 3.xx have to pay upgrade fee. So I don't upgrade it to version 3.xx

The Latest version without hedging capabilities is Version 2.74
The Latest version with hedging capabilites is Version 3.18

Now for new customer who purchase Forexrobottrader, Don will give version 3.xx because the only differences is hedging true/false.

I asked Don about the perfomance result in the official website, He said that result is with hedging set to false.

So I decided to test this EA again. I test version 2.74 since 17 August 2008. I follow Don's advise to close all position in the end of month. U can find Don's advise in the comment in here

Two weeks result make my demo account balance up about 6%
Here is my forward test graphics since 17 August 2008


You can download detailed statement dated 1 September 2008

Steinitz EA

Steinitz HAS MTF EA.
I bought this EA while under contruction in Forex Tsd Forum.
And now it seems Version 2.65 is the last.

It has many feature. It makes me confuse the 1st time use it.
But Steinitz give great support to answer your question.

It give good result because Steinitz EA can automaticly switch if market condition change from ranging to trending and visa versa.
I test it for one month only in january 2008 on demo, but I don't use it live.
Because of the High Drawdown which the EA produce.
So be carefull in using it, Money Management in Forex Trading is the key in using this EA.

You can find the EA in "Steinitz HAS MTF EA"

This is my last Forward Test graphics from 23 December 2007 until 16 January 2008


But don't to excited until you see the detail statement in here. Look at the Floating Loss!