Forex Envy Power Edition (by ForexEnvy) Quick Stats
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Forex Envy Power Edition Discussion
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willgart

Member Since Aug 20, 2011  385 posts willgart Jul 01 2012 at 15:35
no, HV is another setup.
but is the DD the same?
I don't know its hard to compare every single config. the account should be started the same day with the same initial deposit to have a real comparison.
take a look at the official accounts, the long + short account compared to the PE one.
I think the DD is higher with the PE, but its also a better overall balanced setup.

zyrt

Member Since Feb 15, 2012  160 posts zyrt Jul 01 2012 at 15:41
Ok, thanks, but there is both V2 HV and V3 HV (and V3 power)
I have setup now 3 MT4
V3 HV long cycle
V3 Power long cycle
V3 Power long and short cycle
I'd have liked to setup also V3 HV long+short but I dont have enough license
Maybe you could setup like me a fresh new demo with V2 HV long cycle to compare? I did this on a 600 000USD account as I plan to deposit 6000USD converted in cents

zyrt

Member Since Feb 15, 2012  160 posts zyrt Jul 01 2012 at 15:50
Some other questions!
What broker are you using?

When I will go live, can I use another accounts that the old accounts I used with version 2 that are in 'member profile'? I just fill in 'license manager' with live accounts (actually blank)?

rob559

Member Since Feb 11, 2011  451 posts rob559 Jul 07 2012 at 20:22 (edited Jul 07 2012 at 20:25 )
so willgart sorry for your acc ,it was aggressive trading, are you going to try again,or you will go long cycle?

willgart

Member Since Aug 20, 2011  385 posts willgart Jul 07 2012 at 22:01
not sure which strategy I'll use.
maybe another agressive settings without eurusd, or it at low risk
or another long term with constant profits

grgr

Member Since Apr 19, 2012  31 posts grgr Jul 11 2012 at 10:36
When should we expect the PE to go live?

zyrt

Member Since Feb 15, 2012  160 posts zyrt Jul 11 2012 at 10:38
We dont know, they still have to test, fix bug, we must not be hurry and not put pressure on them, we have to let them the time
So min 1 month max 2 months I think
FE team, take the time you need

(in the meanwhile V2 is ok)

grgr

Member Since Apr 19, 2012  31 posts grgr Jul 11 2012 at 10:42
Well, they've already said that 'we're getting close to go live'. So I expect it to be faster than 2 months ...

Idk about the V2, i just set it for 2 pairs for tests, because i'm a bit afraid of the DD.

zyrt

Member Since Feb 15, 2012  160 posts zyrt Jul 11 2012 at 10:44
V2's DD is not more as V3
Around 12% if you respect balance they advise
Also, if you dont trust their products, maybe you should go to another EA?

willgart

Member Since Aug 20, 2011  385 posts willgart Jul 11 2012 at 10:52

   grgr posted:
   Well, they've already said that 'we're getting close to go live'. So I expect it to be faster than 2 months ...

Idk about the V2, i just set it for 2 pairs for tests, because i'm a bit afraid of the DD.

remember its a martingale system, so for sure you'll get a margin call. so be ready for this first. if you are not ready for this, don't use FE.
its just a question of when.
but the EA is very good and can survive a very long period, which can let you the time to withdraw your capital.
and if you are afraid, just use the long cycle config, you'll reduce your risk, take a look at their official live accounts, the long cycle still get good results and far from a MC.

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Cumulative Industrial Output (1h 40min)
GBP/JPY trapped inside the 149.50/148.50 rang...(11 min ago)
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USDJPY 95.422 USDCAD 1.02278
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