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Forex Flex EA Real1 ForexFBI (By forexfbi)

The user has deleted this system.

Forex Flex EA Real1 ForexFBI Discussion

Apr 09, 2014 at 02:15
4,481 Views
28 Replies
Member Since Sep 03, 2010   24 posts
Apr 15, 2014 at 07:38
Member Since Aug 28, 2011   33 posts
Apr 18, 2014 at 12:47
Clean water Martingaile. Multiplier = (sqr(5)+1)/2.
Sooner or later everything will merge!
little by little
Member Since Mar 31, 2014   192 posts
Apr 19, 2014 at 08:49
good or bad???
ben@
Member Since Aug 28, 2011   33 posts
Apr 21, 2014 at 07:26
This is very bad. Sooner or later ends Deposit drain
little by little
Member Since Sep 03, 2010   24 posts
Apr 22, 2014 at 08:55
First off, this is not just a martingale EA. You can set it up to trade any style you want! I myself have a thing for marty's because I know what I'm doing with them. Flex offers an entirely fresh approach to automated in general which has also given me a fresh approach to marty trading. That's why I'm running Flex the way I am.

They've allowed you to essentially cut the risk down substantially over your traditional martingale EA's because of the more accurate entry points.

Could this account blow up? No, because I have the DD_StoplossPct set to 40 so I would only ever lose 40%. Even for that to happen with the risk I'm running it would take one hell of a movement on multiple pairs.

This is only the half-marty aspect of this EA we're talking about here, there are a million + 1 other ways you can set this thing up to trade which I've barely dabbled into.

If you want to disregard an EA because it's 'capable, but not limited to' trading martingale, then go right ahead.
Member Since Dec 15, 2010   795 posts
Apr 22, 2014 at 08:58
Im also a martigale grid king...
Click on my Name to see My Live Charts and Bio.
Member Since Feb 13, 2013   48 posts
Apr 29, 2014 at 13:39
Expectancy 6.3 Pips tells us that there is more than martingale. I would call it position averaging. Fund managers also use this technique and there is nothing wrong with it as long as DD is in control.
What goes up, must go down
Member Since Dec 28, 2011   94 posts
May 08, 2014 at 00:56
what setting do you use for this account?
Member Since Sep 03, 2010   24 posts
May 21, 2014 at 04:57
drsong123 posted:
what setting do you use for this account?

Just the default settings it comes with
Member Since Oct 20, 2013   136 posts
Jun 02, 2014 at 16:38
I am not sure about this EA as I have bought it & been 2 weeks & not a single trade although we did have some good volatility especially with the AUDUSD & GBPUSD. I dont know what those virtual trades do but they seem to constantly reset their values (Meaning a fat chance having to see a trade with the default settings.

I am running it on my VPS with zero interference. Not impressive I might say compared to other cheaper EA's which do perform for a fraction of the price

Also the drawdown on the Real account of 40% on the EURUSD is not a very encouraging site.
Time is Money
Member Since Feb 13, 2013   48 posts
Jun 07, 2014 at 07:46
Forum from Forexflexea web site has disappeared.
What goes up, must go down
Member Since Feb 13, 2013   48 posts
Jul 31, 2014 at 19:53
Your account is not updating anymore. probably DD is now over 70% if you haven't closed the trades yet.. The problem with EURUSD that big boys are predicting it to grind lower as low as 1.24 or even 1.2. It may retrace up though. I am sorry to see it going this way
What goes up, must go down
Member Since Oct 20, 2013   136 posts
Jul 31, 2014 at 21:45
Very expensive EA & complete rubbish. I could have done better things with my money. It simply does not work. Trades against the trend expecting a retracement which can never happen. No stop's or even an equity protection limit for a martingale drawdown
Time is Money
Member Since Feb 13, 2013   48 posts
Aug 06, 2014 at 10:53
It must be cent account to keep positions open to the end.
What goes up, must go down
Member Since Aug 07, 2014   61 posts
Aug 11, 2014 at 06:49

'forex flexea' - 'forex hacked', both are in the account 'forex fbi'
1 on the website of both programs account 'forex fbi' appears
2nd in the website 'forex fbi' analysis makes several programs, it seems clear ... but I doubt it
What do you think?
opinions please
chinchano_1984@
Member Since May 21, 2013   1 posts
Aug 27, 2014 at 06:37
Irishmist posted:
Very expensive EA & complete rubbish. I could have done better things with my money. It simply does not work. Trades against the trend expecting a retracement which can never happen. No stop's or even an equity protection limit for a martingale drawdown

Thanks for the information Irishmist. The best review here, clarify all about this system. It is really very bad and risky to trade against the trends and wait for retracement, much more being martingale o half martingale system.
Member Since Jan 04, 2014   1 posts
Aug 31, 2014 at 06:32
hi forex fbi - what happen with this account - in your 'myfxbook' site - --->'Forex Flex EA Real1 ForexFBI'- now is private - couple weaks ago in this account i see large lots on eur/usd pair 'blow up ?' - is deafult seting you setup ? could you enable this account ?
Member Since Oct 20, 2013   136 posts
Jan 06, 2015 at 19:41
None of the algorithms work. This guy just creates so many different demo accounts & hooks the ones that luckily get into credit. The so called innovative indicator he is using for entering & exiting trades is utter rubbish so is the EA. I am not recommending any EA's but definitely do not waste money on this piece of crock.

The accounts he had blown out have all been deleted & the scam continues to drag people into buying this useless none working system.

Complete Rubbish don't waste your time.

Great looking website. zero working strategy.

Support is terrible once they are sure that you can not refund your money
Time is Money
Member Since May 20, 2011   724 posts
Jan 07, 2015 at 07:00
Irishmist posted:
None of the algorithms work. This guy just creates so many different demo accounts & hooks the ones that luckily get into credit. The so called innovative indicator he is using for entering & exiting trades is utter rubbish so is the EA. I am not recommending any EA's but definitely do not waste money on this piece of crock.

The accounts he had blown out have all been deleted & the scam continues to drag people into buying this useless none working system.

Complete Rubbish don't waste your time.

Great looking website. zero working strategy.

Support is terrible once they are sure that you can not refund your money

dude
https://www.myfxbook.com/members/forexfbi/forex-flex-ea-v20-act/1105539
Member Since Oct 20, 2013   136 posts
Jan 07, 2015 at 13:45
This proves n othing except you did a manual trade to jerk up the profit to 175% in a cent account. How many accounts have you already deleted. You just throw as many darts on the board & keep the ones that made a profit as a part of your marketing scheme for such a worthless EA. I should know better I have tried it on my accounts which came out with disastrous results

Lets see how long the account you provided in the link lasts before you delete it. There are EA's dating back to 5 years & still manage to make a profit. A month to month result does not present a convincing argument for you to prey on users of myfxbook

Time is Money
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