PowerFlow EA (3rd acc) (By Forex21)
The user has made his system private.
PowerFlow EA (3rd acc) Discussion
Feb 02, 2015 at 15:48
@Forex21
One quick question: why do you trade only AUDNZD on this and your finfx account (https://www.myfxbook.com/members/Forex21/powerflow-ea-finfx-wwwforex21com/1077152) ?
BR,
Moreno
One quick question: why do you trade only AUDNZD on this and your finfx account (https://www.myfxbook.com/members/Forex21/powerflow-ea-finfx-wwwforex21com/1077152) ?
BR,
Moreno
Feb 16, 2015 at 12:13
MRodrigez posted:
@Forex21
One quick question: why do you trade only AUDNZD on this and your finfx account (https://www.myfxbook.com/members/Forex21/powerflow-ea-finfx-wwwforex21com/1077152) ?
BR,
Moreno
It's a low risk account, that's why we use the EA only on one pair on this account.
Member Since May 20, 2011
724 posts
Mar 06, 2015 at 09:21
(edited Mar 06, 2015 at 09:28)
This EA is really scaring me today, positions are not same as vendor which is fine it is an EA meant to run based on stats. However please anyone who uses this run on low lots. I am in AUDNZD and GBPUSD both VERY exposed at the worst possible time.such bad trading. LIKE how is that even possible? The day GBPUSD and AUDNZD both want to run ONE way no retrace.
Member Since Jun 25, 2011
69 posts
Mar 06, 2015 at 09:46
@FXtrader2010 GPBUSD is too dangerous, better drop it, AUDNZD will retrace.
Cheers.
Cheers.
Member Since May 20, 2011
724 posts
Mar 06, 2015 at 10:20
YEP.. LOST HUGE TODAY with this. SUPER RISKY EA
Mar 06, 2015 at 15:17
@ FXtrader2010
Thank you for your comment. If you take a look to the actual stats you will see that the actual DD is about 2.5%. Draw downs are of course never welcome, but they are part of trading and cannot be avoided. What's important is to deal with the risk and not to over trade the account. If you do that, PowerFlow will generate constant profits for.
Best Regards, Alexander
Thank you for your comment. If you take a look to the actual stats you will see that the actual DD is about 2.5%. Draw downs are of course never welcome, but they are part of trading and cannot be avoided. What's important is to deal with the risk and not to over trade the account. If you do that, PowerFlow will generate constant profits for.
Best Regards, Alexander
Member Since May 20, 2011
724 posts
Mar 06, 2015 at 15:32
just run this ea on JUST AUDNZD and you will be fine. gbpusd is a stupid pair to trade with this system,
Mar 12, 2015 at 08:10
I just purchased this EA and am running it on a demo account to test it first. 2nd day in I'm at 20% drawdown from one AUDNZD trade!?!? (See screenshot). I am running the setfile that came with the software. Is this normal? Am I doing something wrong?
https://www.myfxbook.com/members/timjaeger/powerflow-ea/1181830
https://www.myfxbook.com/members/timjaeger/powerflow-ea/1181830
Attachments:
Member Since Jun 25, 2011
69 posts
Mar 12, 2015 at 08:15
@timjaeger your account is underfunded and your start lot is too big, you need at least 2500/3000$ with base lot of 0.01.
Cheers.
Cheers.
Mar 12, 2015 at 08:30
Devastating Angel,
you run the EA with VERY high risk. As result, the account is already more than 50% up, which is great considering that you just started the account a few days ago, but the DD is also very high because of the high risk.
I would recommend that you contact our support desk (support [at] forex21.com). We will be happy to assist you with the setup.
Regards, Alexander
you run the EA with VERY high risk. As result, the account is already more than 50% up, which is great considering that you just started the account a few days ago, but the DD is also very high because of the high risk.
I would recommend that you contact our support desk (support [at] forex21.com). We will be happy to assist you with the setup.
Regards, Alexander
Mar 12, 2015 at 11:23
@ Devastating Angel
One more thing. I just saw that the trades are at the moment not managed by the EA. Perhaps you closed the terminal? If so, please note that PowerFlow can only manage the trades as long as the terminal is up and running and connected with the broker server.
Alexander
One more thing. I just saw that the trades are at the moment not managed by the EA. Perhaps you closed the terminal? If so, please note that PowerFlow can only manage the trades as long as the terminal is up and running and connected with the broker server.
Alexander
