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iDRAW semi-automated trading system (free)

Page: 1
Oct 26, 2011 06:25 pm
#1
IPNDASNO User

Posts: 100
Member since: 12/05/2010

What is it?
iDRAW is a great tool for Forex traders who don’t want to be slaves to the market. Stop spending hours waiting for breakouts and constantly monitoring and moving your limit orders. iDraw was built specifically to capture trend reversals and breakouts. All you have to do is draw a few tend-lines, rename the trend-line labels and iDRAW will create limit orders automatically once price comes back and hits your target lines. 

Downloading Instructions here - http://www.pipinvestment.com/Menu/1144

Trading Instructions here - http://www.pipinvestment.com/Menu/979

 


 


 

Oct 28, 2011 05:45 pm
Sasha User

Posts: 836
Member since: 16/05/2011

I think it is a tool that will work according to our directions. Once we indicate the trend lines based on our analysis, it will then enter positions automatically based on our analysis.

A good tool.

Thanks for sharing

Oct 29, 2011 01:02 pm
ironical User

Posts: 734
Member since: 22/04/2011

Originally posted by Sasha

I think it is a tool that will work according to our directions. Once we indicate the trend lines based on our analysis, it will then enter positions automatically based on our analysis.

A good tool.

Thanks for sharing



Yup its a great tool for traders. Users of this tool dont have to sit on their comp for all day and they can do 24 hour trading.

The good or ill of a man lies within his own will. – Epictetus

Nov 12, 2011 09:20 am
Champ User

Posts: 711
Member since: 17/05/2011

How accurate is this tool? has anyone tried it?

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Nov 12, 2011 04:34 pm
ironical User

Posts: 734
Member since: 22/04/2011

Originally posted by Champ

How accurate is this tool? has anyone tried it?



This tool is just copying your strategy. So accuracy has nothing to do with it. If you r accurate then it is accurate and if u r not then it will not be. I havnt tried it but its a popular tool.

The good or ill of a man lies within his own will. – Epictetus

Nov 26, 2011 08:56 pm
IPNDASNO User

Posts: 100
Member since: 12/05/2010

Originally posted by ironical

 

Originally posted by Sasha

 

I think it is a tool that will work according to our directions. Once we indicate the trend lines based on our analysis, it will then enter positions automatically based on our analysis.

A good tool.

Thanks for sharing

 



 

Yup its a great tool for traders. Users of this tool dont have to sit on their comp for all day and they can do 24 hour trading.

 



 

Success really depends on the user.  It can be as simple as drawing trendlines on the chart, but effectiveness of your trendlines will come from years of experience and understanding of the financial market.  

 

In 2009, the orignal idea was to catch the break out of consolidation, but my greatest success with this Trading Tool is placing trendlines above and below Momentum break outs, therefore I miss the Breakout but catch the reversal or retracement.  And if no retracement happens, My orders never get triggered.. If I were to try to trade the break out, my order would be entered indefinately. 

 

Jan 01, 2012 05:46 pm
Jogi User

Posts: 685
Member since: 06/06/2011

Originally posted by IPNDASNO

 

Originally posted by ironical

 

 

Originally posted by Sasha

 

I think it is a tool that will work according to our directions. Once we indicate the trend lines based on our analysis, it will then enter positions automatically based on our analysis.

A good tool.

Thanks for sharing

 



 

Yup its a great tool for traders. Users of this tool dont have to sit on their comp for all day and they can do 24 hour trading.

 

 



 

 

Success really depends on the user.  It can be as simple as drawing trendlines on the chart, but effectiveness of your trendlines will come from years of experience and understanding of the financial market.  

 

In 2009, the orignal idea was to catch the break out of consolidation, but my greatest success with this Trading Tool is placing trendlines above and below Momentum break outs, therefore I miss the Breakout but catch the reversal or retracement.  And if no retracement happens, My orders never get triggered.. If I were to try to trade the break out, my order would be entered indefinately. 

 

 



Do u still use this tool in ur trading?

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Jan 07, 2012 09:24 am
Sasha User

Posts: 836
Member since: 16/05/2011

I searched over google about competitors of idraw but cannot find any. So I think idraw is unique tool which can be very helpful for traders. But drawing correct trendlines can be a challenge. It is not as simple as it looks like.

Jan 10, 2012 07:29 am
IPNDASNO User

Posts: 100
Member since: 12/05/2010

Yes I still use idraw. I'm once again working on some automation for the use of this tool =)

 

I've also added a new feature/ One cancels the other - as a way to filter out Fake Break outs - Its still free of course.  Almost 600 downloads from my website not including the older versions floating around in the forums.  

 

I'd say its a success , unique product and traders will continue to use it for years to come.  I always welcome future development. Be a beta User today. 

 

http://www.pipinvestment.com/software/happy-new-year-2012-free-idraw-ea-1-4-1

 

You can also see an older account from 2011 where I only traded with idraw - 

 

and here is my new account where I use iDRAW with several other EA"s that I've built over the Xmas Vacation - http://www.fxstat.com/en/performances/view/PipInvestmentForex_i007-9088

 

I'm already offering signals from this account above.  Its going quite well.  

Attachements:

iDraw1.4.1_beta.ex4

Jan 19, 2012 06:17 pm
Sasha User

Posts: 836
Member since: 16/05/2011

Originally posted by IPNDASNO

Yes I still use idraw. I'm once again working on some automation for the use of this tool =)

 

I've also added a new feature/ One cancels the other - as a way to filter out Fake Break outs - Its still free of course.  Almost 600 downloads from my website not including the older versions floating around in the forums.  

 

I'd say its a success , unique product and traders will continue to use it for years to come.  I always welcome future development. Be a beta User today. 

 

http://www.pipinvestment.com/software/happy-new-year-2012-free-idraw-ea-1-4-1

 

You can also see an older account from 2011 where I only traded with idraw - 

 

and here is my new account where I use iDRAW with several other EA"s that I've built over the Xmas Vacation - http://www.fxstat.com/en/performances/view/PipInvestmentForex_i007-9088

 

I'm already offering signals from this account above.  Its going quite well.  



Nice, so u have customized the original idraw. The good thing is that u have made it public :). Do u alone do developing or u have team or friends?

Jan 25, 2012 03:21 pm
andieliu User

Posts: 12
Member since: 13/06/2011

hi IPNDASNO a.k.a will scharad 

[grin] nice to meet you at here. i will try your indicator .thk

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