What I don't understand is how this account shows so little drawdown. My account is running on the lowest possible risk setting of 1 and I constantly have a huge drawdown.

That is what I have been seeing. I looked at their live account, and never at any point does it show the kind of constant DD I saw.

Matter of fact, based on minimum risk and that it opened a lot size of 0.1 lot in my account, I have seen it carry an open DD of -15,000 pips. Most of the time, the DD would hover around -10,000 pips, and every once in a while it would drop down to less than -1,000 pips. I ran all 6 pairs at minimum risk the entire time.

Now that I have said that, it was not uncommon for it to gain +1,000 pips in a day. There were even a couple times that it gained as much as +3500 pips in a day.....still based on minimum risk and lot size of 0.1.

Also, and this is for anyone checking into it, the supposed -400 pip SL is non-existent. With this type of martingale system, the SL is continually moved further and further from the open price as more positions are opened to recover from a bad open position. What I experienced was during some of the close outs of a recovery group, I would sometimes have several positions in the group closed that were 2000-3000 pips negative. So, if you ever did actually hit a full SL, the loss would be catastrophic....As in FAR MORE than the claimed 10% DD. I would venture to say that a full SL would wipe out 50% of the account.

I wonder if anyone has done a long term test with tick data from dukascopy????

Interestingly enough if people follow the instructions properly they would see that the system produces results - Not fake - This account is live as are many other accounts that have set up their EA properly. The EA does need to run at all times when the market is open. Since most people are in the forex market to 'get rich quick' they don't take the time to set things up properly and lose all of their money. If you look at the history of this account you will see that it does take losses once in a while to keep it from getting into too much DD, but the overall result is that it makes more than it loses. This EA is for those that want to have long term growth in the forex market and is not the answer for those that want to 'get rich quick'. I didn't bring this to market to make a bunch of money from people buying it. As you can see this makes money for me already.
Good luck in your search to find what you're looking for.

   TomsEaWPFXlive posted:
   Interestingly enough if people follow the instructions properly they would see that the system produces results - Not fake - This account is live as are many other accounts that have set up their EA properly. The EA does need to run at all times when the market is open. Since most people are in the forex market to 'get rich quick' they don't take the time to set things up properly and lose all of their money. If you look at the history of this account you will see that it does take losses once in a while to keep it from getting into too much DD, but the overall result is that it makes more than it loses. This EA is for those that want to have long term growth in the forex market and is not the answer for those that want to 'get rich quick'. I didn't bring this to market to make a bunch of money from people buying it. As you can see this makes money for me already.
Good luck in your search to find what you're looking for.


I can see that it works....in your account and mine. What I don't understand is, how does your account show so little DD? Everyone I have talked to that has tested the system experienced a constant huge drawdown. I guess the real question is..... Since everyone else has experienced huge DD with this, but you have not, and instead you show lots of losses, do you manually intervene and close trades out? As long as I have seen this EA in action on several different accounts, i have never seen it take a pure loss, without manual intervention.

I think i have maybe figured it out then. I was using all 6 recommended pairs. The live test account for this EA is not using all the recommended pairs.