LION FX TRADER Discussion

I have had no troubles with the demo that I did not bring onto myself.

I am now live and sharing that info/experience just as openly here on myfxbook.

Cheers, I hope my settings pay off the same way as the demo because if it does wooo hooooo


My live account:

https://www.myfxbook.com/members/SnapDragon2016/octafx-lionfx-real/1930453

successwill posted:
Well i closed all with %25 loss.. A bearable loss...

The last day of trading on my demo account I woke up to three trades going, total almost 500 in the red.
I almost had a heart attack.

I left it alone because I swore that no matter what would be proven about this EA, it would be ALL on the EA to open/close trades.

If you look at the last three trades closed Dec 22 (that fateful morning) you will see that they closed at profit.

15.50
78.50
136

I understand that its freaky but you should NEVER be trading with money you are not willing to loose.

You can't count those losses against the EA, you said you closed them.

Had I panicked and done the same thing I would have lost almost $500 from the demo account.

Set your EA so that it can afford some DD during a trade and let it do its job.

I am so excited to see my live account grow, if it does half as well I will be jumping for joy.

Cheers all and may the pips be with you

yeah i panicked because i set recommended risk and faced a DD like %48..And this happened at the beginning.. Now i reduced the risk to 0.03.. i will watch how it performs

Although the short term trend is up, it's hitting a large resistance zone. Furthermore I see a head and shoulders pattern forming on the half hour. So chances are that it will move down a bit. But as always, trading is no prediction. Just probability. Hope this helps.

For any of you. Most trades tend to risk not more than 1% per trade and 10% of the total account. At most.

FXdog posted:
Hey everybody!
Guys i have just purchased this EA and i would like to asure you this developer is a real person and friendly communicative!
He at once has sent me a robot file pack after my payment confirmed and i want to say its not a Scam and a developer is NOT a scammer!
I have installed this EA on Real CENT account and for now it runs the same as it runs here (on Myfxbook).
How will it run in the future?...it remains to be seen😉!
Profit to all of you!

Hi everyone,

and where is this account now?

RedRhinoFX posted:
I see that the vendor doesn't update their account when in drawdown. What was peak drawdown on this round of trades for the followers? GRid endless is dangerously simple, but often get out of trouble most of the time.

he doesnt say what risk he is using but my estimation is 0.05 and he got around %25 DD yesterday..One more thing i noticed is the equity curve. it was showing yesterday and all of a sudden it disappeared while the positions were not closed..i dont know what it means

The suspicious website and it is not a company, just a private person from RU. Keep max caution.

Rank2017, your comment is not even worth dignifying with a response.

I love the way some people don't reads previous comments.

The EA DOES use a SL and TP but it is based on the indicators, not an hard limits that a broker can abuse.

You set the risk yourself so please stop talking like the EA is responsible for your choices.

I actually sit here and LAUGH when I read comments like this is a grid, I have been using it for months and it is not a grid.
I got suckered into a EA when I was new and it was a grid, so I know how they work.
Thank god I was smart enough that it never got a chance to loose my money.

Its amazing how a a little DD and everyone gets screaming 'back to the chalk board and reprogram the whole thing'.

I wonder how many of them are just trying to sabotage this EA?
Sometimes when you try to improve it, you kill the magic.

Alex for the love of god, do NOT change a thing.

May the pips be with you.

@SnapDragon2016
Dear Dragon,
your lion system (where is the manticore:)) facts:
Is clear grid. It does not mean it is bad system. The max DD vs. monthly profit ratio is almost fine.

+ It has nice history for more than year
+ It is verified by MFB

- the broker sucks, it is good just for cent account. Is your account cent?
- you lied about not being a grid. This is clear grid.

All in all one of the better systems here on MFB.
To be really good
- trade it with reputable broker
- dont lie about system.

togr posted:
@SnapDragon2016
Dear Dragon,
your lion system (where is the manticore:)) facts:
Is clear grid. It does not mean it is bad system. The max DD vs. monthly profit ratio is almost fine.

+ It has nice history for more than year
+ It is verified by MFB

- the broker sucks, it is good just for cent account. Is your account cent?
- you lied about not being a grid. This is clear grid.

All in all one of the better systems here on MFB.
To be really good
- trade it with reputable broker
- dont lie about system.

I am not here to argue.
People can think what they want and that's okay.

I said from the beginning that I am only speaking of MY experience with Lion FX.

I am not the creator/owner of this EA.
I have no vested interest in lying as I do not nor ever will see a nickel from sales.

This does not appear to be a grid to me, but hey think what you want.

My broker is reputable, check with the forex peace army for yourself.

https://www.forexpeacearmy.com/

Take the results of the testing as you will, I have nothing to prove to anyone.

Cheers

I am not sharing my experiences with Lion FX to prove anything to anyone.

I am doing it because like most other traders I will take peoples experiences over 'flashy chart pages' any day of the week.

I am a registered member of forex peace army and the whole point to that site is for traders to share their experiences and help one another.

Calling me a liar does nothing.

I can't even be bothered to be offended.

TRADEFX2016 posted:
so golden goose is not giving gold eggs?

hhmm sorry to hear that.

Is that really how Trade FX Signals wants to be viewed?

How very professional of you.

TRADEFX2016 posted:
so golden goose is not giving gold eggs?

hhmm sorry to hear that.

really bad adviser. I have earned since September only 570% on my account. It is HORROR. It is SCAM ?

integrafx posted:

TRADEFX2016 posted:
so golden goose is not giving gold eggs?

hhmm sorry to hear that.

really bad adviser. I have earned since September only 570% on my account. It is HORROR. It is SCAM ?

then you are using high risk?

today again i have 7 open trades right now while the author's account and snapdragon's account closed with stoploss.. am i doomed to failure... fxopen not working with this EA?

My last trade was only one with a small loss..why you guys have so many trades?

I'm on ICMarkets

bundesrepublik posted:
My last trade was only one with a small loss..why you guys have so many trades?

I'm on ICMarkets

i really dont know.. i went to fxopen website and asked the representator in live chat what the GTM of fxopen and learned that it is 2

and other settings we know from the email sent by the author after purchasing the EA...is there any other setting?

I also have 8 trades open now.
What are your settings?
When did your first trade open today/yesterday?
My first one opened at 21:02 GMT yesterday at 1.06031.

bundesrepublik posted:
My last trade was only one with a small loss..why you guys have so many trades?

I'm on ICMarkets

I am just using the recommended settings and manually adjusting my lot size.

I was having a lot of trouble to until I used an EA to get my GMT offset value.

drive.google.com/folderview?id=0B4lU05RGpJKtM3MydFdkMXdrR0E&usp=sharing
Just run this once on a separate chart and you will get a pop up window with your GMT offset value.
I did not create this EA, it was pointed out in the forex peace army forums.

Until I fixed that it was not working.

If that does not fix it, then I have no idea what to tell you.


All I know is it's working for me as you can see.