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MFM5 (By ex4systems)

The user has deleted this system.

MFM5 Discussion

Jan 27, 2015 at 22:09
6,861 Views
130 Replies
Member Since Mar 31, 2014   192 posts
Jun 19, 2015 at 15:04
Hi,

on vendors acc says ' MFM5'... Is there a new version ??.. Mine is MFM4....???
ben@
Member Since Sep 08, 2010   54 posts
Jun 19, 2015 at 18:44
No news here. Still see version 507 on the web site.

Where do the see MFM5?
Member Since Mar 31, 2014   192 posts
Jun 20, 2015 at 01:10
Account history ' the yellow bubble in the comment section'
ben@
Member Since Oct 02, 2014   16 posts
Jun 20, 2015 at 01:17
I hope he is not changing, or is at least offering it to those who purchased in last two months and who suffered losses along the last few as well. If he reads these messages he should alert us if the MFM5 version is included for those who purchased this year at least
Member Since Sep 08, 2010   54 posts
Jun 20, 2015 at 01:59
bundesrepublik posted:
Account history ' the yellow bubble in the comment section'

Good find. Seems to have much better performance than V4. Guess the Vendor is testing it out now.

As you say Jared.. hope there is some upgrade path to V5, with some reasonable upgrade cost, as I have stopped trading V4 for the time being until some news about upgrades come out.
Member Since Mar 31, 2014   192 posts
Jun 20, 2015 at 07:37
todompoll posted:
bundesrepublik posted:
Account history ' the yellow bubble in the comment section'

Good find. Seems to have much better performance than V4. Guess the Vendor is testing it out now.

As you say Jared.. hope there is some upgrade path to V5, with some reasonable upgrade cost, as I have stopped trading V4 for the time being until some news about upgrades come out.

hmm.... why stopped? I think the new v507 works very well.... what was your problem that you stopped?
ben@
Member Since Jul 23, 2014   22 posts
Jun 20, 2015 at 10:33
todompoll posted:
bundesrepublik posted:
Account history ' the yellow bubble in the comment section'

Good find. Seems to have much better performance than V4. Guess the Vendor is testing it out now.

As you say Jared.. hope there is some upgrade path to V5, with some reasonable upgrade cost, as I have stopped trading V4 for the time being until some news about upgrades come out.

The upgrade will be free.

I feel that I over updated MFM4. It was trading less but still hitting all of the losses. The EA did much better back in December and January when the strategy was simpler. I'm improving and simplifying MFM4 and releasing it as MFM5, probably this weekend. After that, the EA will not change, except for settings.

The first week test went very well, 22% in one week. I wasn't going to update the fxbook account until I was done with MFM5, because I knew people would start asking me about it, but it took longer than I thought.
Member Since Mar 31, 2014   192 posts
Jun 20, 2015 at 10:53
ex4systems posted:
todompoll posted:
bundesrepublik posted:
Account history ' the yellow bubble in the comment section'

Good find. Seems to have much better performance than V4. Guess the Vendor is testing it out now.

As you say Jared.. hope there is some upgrade path to V5, with some reasonable upgrade cost, as I have stopped trading V4 for the time being until some news about upgrades come out.

The upgrade will be free.

I feel that I over updated MFM4. It was trading less but still hitting all of the losses. The EA did much better back in December and January when the strategy was simpler. I'm improving and simplifying MFM4 and releasing it as MFM5, probably this weekend. After that, the EA will not change, except for settings.

The first week test went very well, 22% in one week. I wasn't going to update the fxbook account until I was done with MFM5, because I knew people would start asking me about it, but it took longer than I thought.

Thanks... Should we stop the EA until the new MFM5?
ben@
Member Since Jul 23, 2014   22 posts
Jun 20, 2015 at 10:56
bundesrepublik posted:
ex4systems posted:
todompoll posted:
bundesrepublik posted:
Account history ' the yellow bubble in the comment section'

Good find. Seems to have much better performance than V4. Guess the Vendor is testing it out now.

As you say Jared.. hope there is some upgrade path to V5, with some reasonable upgrade cost, as I have stopped trading V4 for the time being until some news about upgrades come out.

The upgrade will be free.

I feel that I over updated MFM4. It was trading less but still hitting all of the losses. The EA did much better back in December and January when the strategy was simpler. I'm improving and simplifying MFM4 and releasing it as MFM5, probably this weekend. After that, the EA will not change, except for settings.

The first week test went very well, 22% in one week. I wasn't going to update the fxbook account until I was done with MFM5, because I knew people would start asking me about it, but it took longer than I thought.

Thanks... Should we stop the EA until the new MFM5?

No. MFM4 still works, MFM5 is better...
Member Since Jun 08, 2015   18 posts
Jun 20, 2015 at 10:57
results looks good...:))
Member Since Mar 31, 2014   192 posts
Jun 20, 2015 at 10:58
so we should let the EA run for another week until the new Update comes.
ben@
Member Since Jul 23, 2014   22 posts
Jun 20, 2015 at 10:58
You can shut it down if you would like, but there is no reason to.
Member Since Mar 31, 2014   192 posts
Jun 20, 2015 at 11:00
na..I personally think v507 works well, but I thought I ask you since you better about your EA
ben@
Member Since Mar 31, 2014   192 posts
Jun 20, 2015 at 11:01
you know better*
ben@
Member Since Mar 31, 2014   192 posts
Jun 20, 2015 at 11:07
and also could you please tell what was the reason for those big losses in may and this month? I personally did not lost like your account.. was it on the new MFM5 or old MFM4 ?

Regards
ben@
Member Since Jul 20, 2012   87 posts
Jun 20, 2015 at 22:52
bundesrepublik posted:
and also could you please tell what was the reason for those big losses in may and this month? I personally did not lost like your account.. was it on the new MFM5 or old MFM4 ?

Regards

According to the trading history, MFM5 was started June 15.
"Risk means more things can happen than will happen."
Member Since Sep 08, 2010   54 posts
Jun 21, 2015 at 01:33
bundesrepublik posted:
todompoll posted:
bundesrepublik posted:
Account history ' the yellow bubble in the comment section'

Good find. Seems to have much better performance than V4. Guess the Vendor is testing it out now.

As you say Jared.. hope there is some upgrade path to V5, with some reasonable upgrade cost, as I have stopped trading V4 for the time being until some news about upgrades come out.

hmm.... why stopped? I think the new v507 works very well.... what was your problem that you stopped?

I did hit those SLs and things did not seems as stable as I would like, so decided to wait for news from the vendor before proceeding further. Nice to see the MFM5 updates and better performance. Seems like it is back to its normal self with v5. Will wait for that to begin trading again.
Member Since Jun 15, 2015   8 posts
Jun 21, 2015 at 12:51
it seems a good system
Member Since Mar 31, 2014   192 posts
Jun 22, 2015 at 06:15
I have a question.

my broker is charging me $7 commission per lot ( In and Out ) . Do I have to put just ' 7 ' in the ' Commission Point ' section? My EA will just open 0.8 lot so the broker will charge me accordingly.

What do I need to put in the ' Commission_ points ' field? Would that be still 7 ?

regards
ben@
Member Since Sep 08, 2010   54 posts
Jun 22, 2015 at 18:24
' I'm improving and simplifying MFM4 and releasing it as MFM5, probably this weekend. After that, the EA will not change, except for settings.'

Kindly make a note here or send an email if possible when MFM5 becomes available.

Thanks.
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