LION FX TRADER (By lionfxtrader)

Gain : +1051.44%
Drawdown 38.78%
Pips: 2485.6
Trades 868
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

LION FX TRADER Discussion

Feb 28, 2016 at 19:15
25,193 Views
683 Replies
Member Since Mar 31, 2014   192 posts
Dec 30, 2016 at 09:11
hi, thanks for the update..I have swited the EA off... so will run it again on the 2nd of January
ben@
Member Since Nov 18, 2015   247 posts
Dec 30, 2016 at 15:22
bundesrepublik posted:
hi, thanks for the update..I have swited the EA off... so will run it again on the 2nd of January

so you switched the EA off while there were 19 trades open? and you didnt burn the account?
Member Since Mar 31, 2014   192 posts
Dec 30, 2016 at 15:33
no, bcz my risk is only 0.005...so there was not much damage..I'm running this EA along many others
ben@
Member Since Nov 18, 2015   247 posts
Dec 30, 2016 at 16:04
bundesrepublik posted:
no, bcz my risk is only 0.005...so there was not much damage..I'm running this EA along many others

hmm i see.. hows the performance with that risk?
Member Since Nov 12, 2016   14 posts
Dec 30, 2016 at 16:24
a questions to Alex:
why the EA don't use stop loss, so it want blow the account?
why it continues to open many positions over and over against the trend?
where is the logic of this EA?
Eagles and Falcons will not be accepted as a members in the Cuckoos club
Member Since Mar 31, 2014   192 posts
Dec 30, 2016 at 17:53
successwill posted:
bundesrepublik posted:
no, bcz my risk is only 0.005...so there was not much damage..I'm running this EA along many others

hmm i see.. hows the performance with that risk?

well... its not much, but I'm running few EA's so the Profit of this EA is just a slice of the PIE.

ben@
Member Since Mar 31, 2014   192 posts
Dec 30, 2016 at 17:54
dan1b posted:
a questions to Alex:
why the EA don't use stop loss, so it want blow the account?
why it continues to open many positions over and over against the trend?
where is the logic of this EA?

Good question..
ben@
Member Since Sep 04, 2016   102 posts
Dec 30, 2016 at 18:25
It does use a stop loss of sorts.

I noticed that the stop point is inconsistent.

It seems the SL is triggered by changes in the indicator rather than a set number.

That is good because it makes it hard for the broker to push you to stop loss.

They would have to be able to control the indicators.
That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
Member Since Nov 14, 2015   3 posts
Jan 02, 2017 at 15:20
Hello Alex
Thx for your Excellent robot
But why you use macd and moving average ?
 

Attachments:

Member Since Feb 22, 2016   102 posts
Jan 05, 2017 at 08:45
abidicivil posted:
Hello Alex
Thx for your Excellent robot
But why you use macd and moving average ?
 

Dear, It doesn't work in a tester of strategy. But is important very much in real trade
Member Since Feb 22, 2016   102 posts
Jan 06, 2017 at 19:19
dan1b posted:
a questions to Alex:
why the EA don't use stop loss, so it want blow the account?
why it continues to open many positions over and over against the trend?
where is the logic of this EA?


I am many time, already answered this question here.
Stop level individual depends every day on open positions in the market.
It to pay off not on balance, and on algorithm indicators. also can be different depending on a market situation
Member Since Sep 04, 2016   102 posts
Jan 07, 2017 at 16:12
Alex HAS answered this many times my friend.

I like that this EA bases its SL and TP on the indicators.

When you set a hard SL or TP on your chart the broker can see that.

I assure you that trades will hit SL and TP, it just won't be obvious to your broker when it will happen.

There are a lot of cases of brokers manipulating the system to make sure you hit SL, but if they can't see it then they can't do it.

Alex, please don't change a thing.

I am almost there to start with my live account, just having a little trouble setting up with my broker.


That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
Member Since Nov 25, 2015   2 posts
Jan 08, 2017 at 08:32
Really super adviser! thanks for your work Alex
Member Since May 03, 2011   17 posts
Jan 09, 2017 at 13:58
Hi, I just purchased this EA. Looks promising. My question: Which GMTOffset setting should I use for my VPS located at the CST (Chicago) time zone? Is it -6?
Member Since Feb 22, 2016   102 posts
Jan 10, 2017 at 08:52
bbulcsu72 posted:
Hi, I just purchased this EA. Looks promising. My question: Which GMTOffset setting should I use for my VPS located at the CST (Chicago) time zone? Is it -6?

GTM not you or you VPS. ONLY you broker
Member Since May 03, 2011   17 posts
Jan 10, 2017 at 15:17
Ah, ok. Got it.
Thanks!

lionfxtrader posted:
bbulcsu72 posted:
Hi, I just purchased this EA. Looks promising. My question: Which GMTOffset setting should I use for my VPS located at the CST (Chicago) time zone? Is it -6?

GTM not you or you VPS. ONLY you broker
Member Since Nov 18, 2015   247 posts
Jan 10, 2017 at 16:49
Alex, does this use DLL? i am asking because ill use mql vps and mql doesnt allow DLL imports.
Member Since Sep 04, 2016   102 posts
Jan 10, 2017 at 17:50
successwill posted:
Alex, does this use DLL? i am asking because ill use mql vps and mql doesnt allow DLL imports.

I already asked him that and he said its not needed.
That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
Member Since Nov 18, 2015   247 posts
Jan 10, 2017 at 18:27
SnapDragon2016 posted:
successwill posted:
Alex, does this use DLL? i am asking because ill use mql vps and mql doesnt allow DLL imports.

I already asked him that and he said its not needed.

you mean mql is fine?
Member Since Sep 04, 2016   102 posts
Jan 10, 2017 at 19:35
I use MQL5.com for my VPS

I unchecked the .DLL box as well and it works fine.
That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
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