ForexMostWaned.com High Risk (By aforexmostwanted)

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ForexMostWaned.com High Risk Discussion

Mar 04, 2013 at 11:51
1,226 Views
24 Replies
Member Since May 24, 2010   371 posts
Mar 29, 2013 at 12:26 (edited Mar 29, 2013 at 12:32)
This is not grid or martingale!!! Use LotMultiplier. Backtest only 2 years with modeling quality 25%. Backtest can not view only image. NO Drawdown on closed trades for 2 YEARS - according to image must have a big DD! This EA does not have a long life.

Member Since Feb 07, 2013   9 posts
Mar 29, 2013 at 16:35
Hi Jarora,

1. EA do not use LotMultiplier, it Adds lots to next position, not multiplies.
2. Yes for 2 years, as it is optimized on that period (not with MT4 optimizer).
3. 25% - well, with 1M data it took 1.5 weeks to do backtest with tick history would took around a month or maybe more I suppose.
4. Sorry, I will put the backtest soon, there is problem with my hosting company.............
5. Where you found big DD ? Actually on website means DD on closed trades, but if you are talking about Equity, even on image you can see that it was not higher or almost like 13%.

Kind Regards,
ForexMostWanted.com team.
Member Since Mar 03, 2010   27 posts
Mar 29, 2013 at 16:59 (edited Mar 29, 2013 at 17:20)
Heya,

I have just purchased the EA, check your email. When can I await the EA ;-)

The backtest should be put on asap, yes :-D

I don't see any figures for SL (STOP LOSS) in the forward tests. Is the HARD STOP LOSS hidden?

Please explain this: https://www.fxstat.com/th/forum/discuss/ForexMostWanted_High_risk-14721

Best :-D
Member Since May 24, 2010   371 posts
Mar 29, 2013 at 17:21
korporal posted:
Heya,

I have just purchased the EA, check your email. When can I await the EA ;-)

The backtest should be put on asap, yes :-D

I don't see any figures for SL (STOP LOSS) in the forward tests. Is the HARD STOP LOSS hidden?

Best :-D

Hi korporal,

Please publish backtest from 2008 to 2013. Thanks. I'm curious on HARD STOP LOSS
Member Since Mar 03, 2010   27 posts
Mar 29, 2013 at 17:22
Ok, I will do. I haven't received the EA yet though
Member Since May 24, 2010   371 posts
Mar 29, 2013 at 17:26
Member Since Mar 03, 2010   27 posts
Mar 29, 2013 at 17:30
https://www.fxstat.com/th/performances/view/ForexMostWanted-14719

@Jarora, I will give the vendor a chance, the two accounts are the past.

We will see

Member Since May 24, 2010   371 posts
Mar 29, 2013 at 17:34
korporal posted:
https://www.fxstat.com/th/performances/view/ForexMostWanted-14719

@Jarora, I will give the vendor a chance, the two accounts are the past.

We will see


In the martingale strategy will lose all the money. For that money you could buy a better EA.
Member Since Mar 03, 2010   27 posts
Mar 29, 2013 at 17:36
@Jarora: which one(s) do you propose? Many thanks in advance
Member Since Feb 07, 2013   9 posts
Mar 30, 2013 at 05:17
Hello,

 Hard Stop Loss not always is ment S/L script in MT4. Stop Loss is when your minus positions are stopped at certain leve. EA has Stop Loss calculated by compounded minus equity on all positions.

Kind Regards,
ForexMostWanted Team.
Member Since Feb 07, 2013   9 posts
Mar 30, 2013 at 05:20
Jarora posted:
korporal posted:
Heya,

I have just purchased the EA, check your email. When can I await the EA ;-)

The backtest should be put on asap, yes :-D

I don't see any figures for SL (STOP LOSS) in the forward tests. Is the HARD STOP LOSS hidden?

Best :-D

Hi korporal,

Please publish backtest from 2008 to 2013. Thanks. I'm curious on HARD STOP LOSS

 Well actually there is no sence in this. EA will underform on this period of time (like 2008...2009... years) with these particular settings. If you want these years to be profitable you need other settings. At those times GBP/USD could move 50 pips in 1 minute bar, there would be no sence using current settings. EA is optimized to gain on particular market conditions (as is stated on website), however its optimized not with MT4 optimizer.

Kind Regards,
ForexMostWanted.com Team.
Member Since Mar 03, 2010   27 posts
Mar 30, 2013 at 06:02
aforexmostwanted posted:
Hello,

 Hard Stop Loss not always is ment S/L script in MT4. Stop Loss is when your minus positions are stopped at certain leve. EA has Stop Loss calculated by compounded minus equity on all positions.

Kind Regards,
ForexMostWanted Team.

Hard stop loss means TOTAL LOSS of the account, so the compounded minus equity is when your account loses 100% 😲

https://www.fxstat.com/th/performances/view/ForexMostWanted_High_risk-14721

Can you explain this a little bit further?
Member Since Mar 03, 2010   27 posts
Mar 30, 2013 at 06:38
Furthermore when you look at this account:

https://www.myfxbook.com/members/aforexmostwanted/forexmostwanedcom-high-risk/501431

there was already a drawdown of 47%!!! Hard Stop Loss is where? At 50% or what?

Please explain
Member Since Feb 07, 2013   9 posts
Mar 30, 2013 at 16:12
korporal posted:
https://www.fxstat.com/th/performances/view/ForexMostWanted-14719

@Jarora, I will give the vendor a chance, the two accounts are the past.

We will see


Hello,

 EA do not use Martingale.

Kind Regards,
ForexMostWanted.com Team.
Member Since Feb 07, 2013   9 posts
Mar 30, 2013 at 16:13
korporal posted:
Heya,

I have just purchased the EA, check your email. When can I await the EA ;-)

The backtest should be put on asap, yes :-D

I don't see any figures for SL (STOP LOSS) in the forward tests. Is the HARD STOP LOSS hidden?

Please explain this: https://www.fxstat.com/th/forum/discuss/ForexMostWanted_High_risk-14721

Best :-D

Hello,

This is a loss that EA made on High Risk.

 As is stated on website its a very high risk and Stop Loss will be executed very often. At this Risk setting you should withdrawal profits faster than you loose :)

Kind Regards,
ForexMostWanted.com Team.
Member Since Feb 07, 2013   9 posts
Mar 30, 2013 at 16:15
korporal posted:
Furthermore when you look at this account:

https://www.myfxbook.com/members/aforexmostwanted/forexmostwanedcom-high-risk/501431

there was already a drawdown of 47%!!! Hard Stop Loss is where? At 50% or what?

Please explain

Hello Sir,

 Yes, you are looking at High Risk. As its told in Manual it has 100% risk - can blow your account, but also can double or triple your account. So the idea behind this (if you want to gamble) you can use this risk setting - then you need to withdrawal profits as they reach +100%.

Kind Regards,
ForexMostWanted.com Team.
Member Since Mar 03, 2010   27 posts
Mar 30, 2013 at 16:40 (edited Mar 30, 2013 at 16:41)
aforexmostwanted posted:
korporal posted:
Furthermore when you look at this account:

https://www.myfxbook.com/members/aforexmostwanted/forexmostwanedcom-high-risk/501431

there was already a drawdown of 47%!!! Hard Stop Loss is where? At 50% or what?

Please explain

Hello Sir,

 Yes, you are looking at High Risk. As its told in Manual it has 100% risk - can blow your account, but also can double or triple your account. So the idea behind this (if you want to gamble) you can use this risk setting - then you need to withdrawal profits as they reach +100%.

Kind Regards,
ForexMostWanted.com Team.

which Manual? I have sent you already two emails and no reply, I haven't received the EA yet. So I had to complain at paypal that I haven't received the EA. While you are posting here you don't send the EA to customers who have ordered and paid the EA. Once again: Which Manual? Check your email account including Spam Folder maybe. I am so annoyed.
Member Since Feb 07, 2013   9 posts
Mar 31, 2013 at 06:13
Hello,

 We send e-mail always to everybody. What is your e-mail?

Kind Regards,
FMW Team.
Member Since Mar 16, 2013   16 posts
Mar 31, 2013 at 06:19
korporal posted:
Ok, I will do. I haven't received the EA yet though

Please put myfxbook link so we can see performance.
Member Since Mar 03, 2010   27 posts
Mar 31, 2013 at 06:37 (edited Mar 31, 2013 at 06:42)
aforexmostwanted posted:
Hello,

 We send e-mail always to everybody. What is your e-mail?

Kind Regards,
FMW Team.

no, you have not. you have not answered my emails I sent to your support address.

I have sent you now a personal message here on myfxbook. check it and send me the EA a soon as possible
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