FxPapa Expert Advisor (by FxPapa) Quick Stats
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FxPapa Expert Advisor Discussion
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Member Since Jul 24, 2011 87 posts
Alec
Feb 08 at 17:59
Anyway, the equity fall is not showing on the chart. So it's like it never happened! Not good
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Member Since Nov 06, 2009 28 posts
reinerh
Feb 08 at 18:25
   Alec posted:    Anyway, the equity fall is not showing on the chart. So it's like it never happened! Not good yes myfxbooks drawdown feature sucks, it only shows dd in closed negative trades. but what really matters how low the equity was from the all time high, thats what i consider the real drawdown. i will send them a mail maybe a future improvement to their site. |
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Member Since Jul 24, 2011 87 posts
Alec
Feb 08 at 18:40
   reinerh posted:        Alec posted:    Anyway, the equity fall is not showing on the chart. So it's like it never happened! Not good yes myfxbooks drawdown feature sucks, it only shows dd in closed negative trades. but what really matters how low the equity was from the all time high, thats what i consider the real drawdown. i will send them a mail maybe a future improvement to their site. Yes, that would be better. Meanwhile, the FxPapa people may be waiting for everyone to have their 3 trades closed before they send the next signal. So there are no violations of the max 3 simultaneous trades rule. |
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Member Since Jul 24, 2011 87 posts
Alec
Feb 08 at 18:50
(edited Feb 08 at 18:53 )
   reinerh posted:    yes myfxbooks drawdown feature sucks, it only shows dd in closed negative trades. And yet, open drawdown is just as important as closed DD. Equity curve versus balance or profit curve. Floating (open) DD is what can blow an account. |
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Member Since Nov 26, 2011 115 posts
FxPapa (FxPapa)
Feb 08 at 20:09
Hi
We are creating an update for the EA to solve the SL problems. It will be ready this weekend. Thanks for all comments. We are doing our best to keep the EA on success. Best Regards http://www.fxpapa.com |
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Member Since Jul 24, 2011 87 posts
Alec
Feb 09 at 00:26
FxPapa! So glad you're back.
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Member Since Nov 26, 2011 115 posts
FxPapa (FxPapa)
Feb 09 at 00:29
   Alec posted:    FxPapa! So glad you're back. Thanks :) http://www.fxpapa.com |
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Member Since Oct 15, 2011 2 posts
yoshida99
Feb 09 at 07:17
The creator of Fxpapa is not honest. He hide drawdown period in BACKTEST. It is clear. Do not trust!
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Member Since Nov 20, 2010 82 posts
rgmann
Feb 09 at 12:27
I requested a refund, due to the fact that FxPapa is advertised as an 'Expert Advisor,' when it is acutally a signal service. And also because of the dishonest claim of the 15% 'equity loss' feature on the vendor's live test, which is actually much higher than that and makes its performance look much better than it should. But my request for a refund was denied by the vendor. So be aware of that before you decide to purchase it. I will now escalate a dispute with PayPal and go from there...
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Member Since Nov 26, 2011 115 posts
FxPapa (FxPapa)
Feb 09 at 12:35
Dear Roger
Of course this is an expert advisor. We are honest. Read the Manual and it has completely described the SL level. Regards http://www.fxpapa.com |
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