Tom'sEa WPFX LIVE (by TomsEaWPFXlive) Quick Stats
Gain: +130.59%
Drawdown: 46.86%
Pips: 3823.0
Trades: 3836
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Automated

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Tom'sEa WPFX LIVE Discussion
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Anish

Member Since Apr 14, 2012  2 posts Anish Jul 12 2012 at 11:26
Right now, the stat says Gain=140.78%.
Drawdown seems to be stuck at around 46.86% for a few weeks now.
It has been real quiet here. Are many traders still using Tom's EA out there?
 

drsong123

Member Since Dec 28, 2011  84 posts drsong123 Jul 12 2012 at 21:07

   doegie posted:
Hey drsong123,

I respectfully disagree with your attitude. I think it is abundantly clear that Tom will blow out any account eventually, regardless of the risk settings. It's logic is fundamentally flawed, IMHO, and it will keep taking more and more trades in the wrong direction until you go broke.


Hi, Doegie2
If you hate martingale so much, why do you still hang around in this forum? Please check another real account using martingale EA:
http://www.myfxbook.com/members/Jayman007/sig-cent-martin/195905
ss

fughe

Member Since Jan 31, 2011  682 posts Antny (fughe) Jul 12 2012 at 21:24

   drsong123 posted:
   
   doegie posted:
Hey drsong123,

I respectfully disagree with your attitude. I think it is abundantly clear that Tom will blow out any account eventually, regardless of the risk settings. It's logic is fundamentally flawed, IMHO, and it will keep taking more and more trades in the wrong direction until you go broke.


Hi, Doegie2
If you hate martingale so much, why do you still hang around in this forum? Please check another real account using martingale EA:
http://www.myfxbook.com/members/Jayman007/sig-cent-martin/195905
ss


That is the account of a person who knows exactly how dangerous a martingale is. They are making withdraws constantly. That is the only way to trade a martingale system.

Make losses, but always come out a winner at the end.
togr

Member Since Feb 22, 2011  117 posts vontogr@gmail.com (togr) Jul 13 2012 at 10:27 (edited Jul 13 2012 at 10:27 )
guys
i lost demo money in fwd testing on demo with TOMs EA
i lost real money on real account with TOMs EA
THEN i sat up my MT4 for backtesting with tick precision
and you now what no matter what was the starting balance it destroyed the account within 6 months
I am afraid that's the fate of all martingale EAs because i made similar experience with Evolution EA

Of course it would work if EA has no stop losses and you have infinite amount of money to put in
but in such case you do not need to risk them, right? ;)

togr

Member Since Feb 22, 2011  117 posts vontogr@gmail.com (togr) Jul 13 2012 at 10:30

   drsong123 posted:
   
   doegie posted:
Hey drsong123,

I respectfully disagree with your attitude. I think it is abundantly clear that Tom will blow out any account eventually, regardless of the risk settings. It's logic is fundamentally flawed, IMHO, and it will keep taking more and more trades in the wrong direction until you go broke.


Hi, Doegie2
If you hate martingale so much, why do you still hang around in this forum? Please check another real account using martingale EA:
http://www.myfxbook.com/members/Jayman007/sig-cent-martin/195905
ss


Hi,

i checked the link and the lot size of trades does not correspond to the way TEA is calculating it from balance.

asimplify

Member Since Nov 30, 2011  39 posts Ivan G. (asimplify) Aug 07 2012 at 20:24
We are running older version of the EA on dedicated server, therefor lotsize pattern might differ a little from what you see in 1.92 version

Due to extreme amount of messages I had to unsubscribe from myfxbook mailing, so if you feel like you've got a question which deserves attention of the support - feel free to email us at : support@forextradersdaily.com

On the other note - we are expecting to see a major update for the Tom's EA this fall, it should bring more stability and performance in trending market conditions


kevinf

Member Since Dec 30, 2011  5 posts kevinf Aug 09 2012 at 06:13
Does anyone know where I can get a copy of MT4 build 416 or 419?

Thanks..

togr

Member Since Feb 22, 2011  117 posts vontogr@gmail.com (togr) Aug 13 2012 at 08:26
kevinf posted:
Does anyone know where I can get a copy of MT4 build 416 or 419?

Thanks..

http://mnikolic.com/free-indicator-script-library/metatrader-4-build-416-manual-update-t-482.html

kevinf

Member Since Dec 30, 2011  5 posts kevinf Aug 13 2012 at 20:57
togr posted:
kevinf posted:
Does anyone know where I can get a copy of MT4 build 416 or 419?

Thanks..

http://mnikolic.com/free-indicator-script-library/metatrader-4-build-416-manual-update-t-482.html



thank-you,thank-you,thank-you lol

ottawatrader

Member Since Sep 24, 2009  14 posts ottawatrader Aug 17 2012 at 11:10
Hi,

So are there any traders here still using Toms EA live and are getting good results with no high DD?

I have been testing the EA the last two months on pepperstone and seems to be getting good results.
http://www.myfxbook.com/members/ottawatrader/toms-ea-10k/341969

Thanks.

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