PipJet (by birt) Quick Stats
Gain: +30.24%
Drawdown: 20.05%
Pips: 214.6
Trades: 130
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

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PipJet Discussion
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fxsuper

Member Since Feb 19, 2010  19 posts fxsuper Jul 03 2012 at 11:01
This EA uses hidden SL and TP, so if the VPS goes offline, would be dangerous ... right?

No PAIN= No GAIN!!!
birt

Member Since Aug 26, 2009  153 posts Birt (birt) Jul 03 2012 at 11:02
Yes, indeed. However it is possible to configure it to send the SL & TP to the server by setting the Stealth parameter to false.

http://eareview.net
fxsuper

Member Since Feb 19, 2010  19 posts fxsuper Jul 03 2012 at 11:05
In your opinion Birt, this EA is safe and reliable?
It seems like Hyper-EA, but has a winratio% higher ...

No PAIN= No GAIN!!!
birt

Member Since Aug 26, 2009  153 posts Birt (birt) Jul 03 2012 at 13:32
It has taken no trades on my account so far so it's rather hard to tell at this point. It's basically Megadroid on a different currency; read more at http://eareview.net/live-forward-test/pipjet

http://eareview.net
phil

Member Since Oct 15, 2011  62 posts phil (phil) Jul 17 2012 at 03:50
I'm on a commision account with hotforex. It's usually been good but with this EA it's only beat the commision 2 out of the 6 times. I guess I'll have to look for another broker, any suggestion. Do you know of anyone who's had success with this EA and with what broker. Thanks for the great work Birt.

phil

Member Since Oct 15, 2011  62 posts phil (phil) Jul 23 2012 at 23:49
Seems unusual for 2 trades to be opened so close in price and time.

johannothnagel

Member Since May 11, 2012  17 posts Johan (johannothnagel) Jul 24 2012 at 07:56
Hi all,

Just had a big loss of $1,437.38 this morning !!!!!!!!!!!!!! - I am not very happy at all !!!!!!!!!!!!!!!!!cry

Johan.

Your attitude determines your altitude
birt

Member Since Aug 26, 2009  153 posts Birt (birt) Jul 27 2012 at 09:10

phil posted:
Seems unusual for 2 trades to be opened so close in price and time.


This scenario actually happens quite often. Check out the backtests at http://eareview.net/live-forward-test/pipjet

http://eareview.net
birt

Member Since Aug 26, 2009  153 posts Birt (birt) Jul 27 2012 at 09:15

johannothnagel posted:
Just had a big loss of $1,437.38 this morning !!!!!!!!!!!!!! - I am not very happy at all !!!!!!!!!!!!!!!!!cry


I've looked around a bit and most Pipjet accounts (including mine) did not experience that loss so perhaps you're using the wrong broker. Other than that, the number of exclamation marks featured in your post makes me think that you are severely overleveraging your account so I will reiterate the advice that many are happy to give but few are actually following: 'don't trade what you can't afford to lose'.

http://eareview.net
johannothnagel

Member Since May 11, 2012  17 posts Johan (johannothnagel) Jul 30 2012 at 14:11
Hi Birt,

I closed that deal too soon - hahahahaha. 4 hours later in went into profit. 1 Big lesson learned - do not close the deal just because you are emotional. wait a bit more. I did place Pipjet on recovery mode. lets see ...........

Your attitude determines your altitude
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