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Leo Trader Pro (Od rayong1)

Uživatel odstranil tento systém.

Leo Trader Pro diskuse

Dec 12, 2010 at 18:52
15,112 zobrazení
220 Replies
Členem od Nov 26, 2010   126 příspěvků
Dec 22, 2010 at 20:25 (Upravené Dec 22, 2010 at 20:34)
Hi Guys,

Found out from another forum that you don't need to attach the EA to both the EURUSD and GBPUSD chart. Just the EURUSD chart will do. It will execute trades in both eurusd and gbpusd from that setup.

If you attach the EA to both charts it will crash your MT4.

Someone had it running on just eurusd only and still got the gbpusd trade that opened earlier. He was trying to attached EA to both charts and kept crashing so he just ran it from the eurusd chart and its working.
Členem od Nov 26, 2010   126 příspěvků
Dec 22, 2010 at 20:38
Guys, when the trade closes can you report the broker you're using, the type of account you're running (ECN, fixed or variable spread, mini or standard) and the slippage you're experiencing.
Členem od Nov 15, 2010   183 příspěvků
Dec 22, 2010 at 21:36
I have another set up, I opened a second demo (demo B) from Fin FX and attached the Leo Trader EA to a EU chart and then attached the EA to an GU chart on demo A and there are both working fine.

 I figured that its best to use Fin FX as a broker so that we can see it the trades are duplicated from there live account.
Členem od Jun 02, 2010   20 příspěvků
Dec 22, 2010 at 21:42
opened gbpusd trade on smarttradefx currently in -14pips negative, lets see how it goes
Členem od Nov 06, 2010   27 příspěvků
Dec 23, 2010 at 01:43
why have they changed the lot size so dramatically?
Členem od Nov 26, 2010   126 příspěvků
Dec 23, 2010 at 02:30 (Upravené Dec 23, 2010 at 02:36)
leozdnbr posted:
    why have they changed the lot size so dramatically?

It hasn't changed in live a/c. What did you get?

What's the slippage after the first trade?

The trade was profitable.
Členem od Nov 06, 2010   27 příspěvků
Dec 23, 2010 at 02:43
they were trading 1 lot and 0.9 lots, and started decreasing lots to 0.4 and 0.2 while account was growing
why?
Členem od Jun 02, 2010   20 příspěvků
Dec 23, 2010 at 03:13
Closed in Profit ,but it took 8hrs for 9pip profit. Forgot to change the lot site so the default lot it took was 0.39.

12.23.10 01:08 GBPUSD Buy 0.39 1.50683 1.54083 1.53993 1.54083 9.0 35.10 8h 23m
Členem od Nov 06, 2010   27 příspěvků
Dec 23, 2010 at 04:21
I heard some comments that this is not a robot. it receives trading signals from a server. if it receives signals, how are you supposed to back test it?
anyone who purchased this can verify this information?
Členem od Jun 02, 2010   20 příspěvků
Dec 23, 2010 at 04:38
Yes the trade is triggered by the LEO server.You cannot backtest this EA
Členem od Dec 23, 2010   10 příspěvků
Dec 23, 2010 at 07:06

duzyfx posted:
    so do they require the customers to pay monthly ??? I couldn't find that anywhere on the first landing page ...

Others who have bought the EA may be able to confirm that. But to me it's no surprise that they turn it into a cash machine for themselves. I have a few months back bought the 'Automated Pips' EA for USD77,- (I don't know what hit me but I guess the name attracted me and I thought I'd be able to earn money while sleeping). Anyway, after having paid that amount, I got to the next page which asked me to sign up for a 87,- USD per month subscription to receive MONTHLY updates... because you know market conditions change and so on... Well, they change every tick. So the story is that I immediately asked for a refund (because of unethical business practices) which took me 2 weeks to achieve, playing the game refund on, refund off and again... So much about clickbank refunds.
Členem od Nov 15, 2010   183 příspěvků
Dec 23, 2010 at 07:32

rplust posted:
    
duzyfx posted:
    so do they require the customers to pay monthly ??? I couldn't find that anywhere on the first landing page ...

Others who have bought the EA may be able to confirm that. But to me it's no surprise that they turn it into a cash machine for themselves. I have a few months back bought the 'Automated Pips' EA for USD77,- (I don't know what hit me but I guess the name attracted me and I thought I'd be able to earn money while sleeping). Anyway, after having paid that amount, I got to the next page which asked me to sign up for a 87,- USD per month subscription to receive MONTHLY updates... because you know market conditions change and so on... Well, they change every tick. So the story is that I immediately asked for a refund (because of unethical business practices) which took me 2 weeks to achieve, playing the game refund on, refund off and again... So much about clickbank refunds.

buddy I guess you have no clue as to how click bank works. If the vendor trys to talk you out of the refund which they usually will, then just call Click bank and explain the reason for calling and they will give you a refund right away, any refund with click bank should not take more than lets say 2 days, happy trading.
Členem od Nov 26, 2010   126 příspěvků
Dec 23, 2010 at 08:00
My refund wasn't as fast as 2 days, more like 5 but important thing was that the refund was issued in a reasonable time.

Did anyone have that trade executed earlier and how many pips did you make and what brokerage were you on?

The finfx ac had 9.3 pips.
Členem od Nov 26, 2010   126 příspěvků
Dec 23, 2010 at 09:15
Looks like it has made 3 trades so far since official launch. Did anyone get these trades and if so how many pips did you make?
Členem od Feb 16, 2010   1332 příspěvků
Dec 23, 2010 at 09:33 (Upravené Dec 23, 2010 at 09:43)
Guys, WAKE UP!
I'm sure this system does look sexy but you have to realise how dangerous it is.
With the current lot size it takes less than three full SLs to wipe the account. I can't understand are you blind or just blinded by the greed.
Besides, it's a rather expensive toy to blow your account. If you need to blow your account could use some free robots or at least few cheaper options.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Členem od Nov 26, 2010   126 příspěvků
Dec 23, 2010 at 09:58

forexma posted:
    Guys, WAKE UP!
I'm sure this system does look sexy but you have to realise how dangerous it is.
With the current lot size it takes less than three full SLs to wipe the account. I can't understand are you blind or just blinded by the greed.
Besides, it's a rather expensive toy to blow your account. If you need to blow your account could use some free robots or at least few cheaper options.

Solar,

The lot sizes and risk level are user configurable. Anyone who lets his account get wiped out with a couple of 330 pip SL deserves what they get. I would imagine most people would have more conservative settings.
Členem od Feb 16, 2010   1332 příspěvků
Dec 23, 2010 at 10:14 (Upravené Dec 23, 2010 at 10:16)
rayong1 posted:
    
forexma posted:
    Guys, WAKE UP!
I'm sure this system does look sexy but you have to realise how dangerous it is.
With the current lot size it takes less than three full SLs to wipe the account. I can't understand are you blind or just blinded by the greed.
Besides, it's a rather expensive toy to blow your account. If you need to blow your account could use some free robots or at least few cheaper options.

Solar,

The lot sizes and risk level are user configurable. Anyone who lets his account get wiped out with a couple of 330 pip SL deserves what they get. I would imagine most people would have more conservative settings.

No matter what risk settings you use THE RR STAYS @ 22:1. When compounding is used it becomes even more dangerous because obviously your account will grow in a certain period and most probaly you'll be using higher lot size with each new trade. Then we need a big market change which happens quite often in the last few years and few consecutive full SLs could easily take you there where you were coming from. These type of poor RR systems are doomed in the long term.

JUST A SIMPLE LOGICAL QUESTION:
IF THOSE GUYS BEHIND LEO WERE SO SURE THEIR EA IS SO GREAT WHY THEIR REAL ACCOUNT IS NOT $100 000 BUT IT'S $500 INSTEAD. THINK GUYS, THINK. DON'T LET YOURSELVES BE FOOLED BY THOSE SMART MARKETERS!
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Členem od Dec 23, 2010   10 příspěvků
Dec 23, 2010 at 11:59
Yes, Solar, I'm on your side. This 'neural progamming' claim is just a marketing gimmick. The EA trades with no 'brain'. I just was looking at the last trades of the GU. On the 14th it squeezes out a few pips on a few candle sideways move but ignores the easy to trade 300 pip downturn right after that. On the 22nd it opens a trade in the middle of the downturn only for having to sit out 40 pips over a day to make again few pips (9). As the GU is on a quite steep slope downwards this retracement was pure luck as the large short candle today confirms. I do my own EA's which does not mean that I'm not interested to look at others. But this one is a no no,
and rather expensive crap to play with.
Členem od Nov 06, 2010   27 příspěvků
Dec 23, 2010 at 16:32
after looking at the trade history I realized that 0.1 lots is only 10 dollars. and 1 lot is 100 dollars. IT'S A MINI ACCOUNT, 1 mini lot = 100 dollars. when the EA started with 500 dollars it was trading 0.2 lots which is only 20 dollars. so YES IT IS VERY SAFE, THE RISK IS VERY LOW, and if you look the report on myfxbook, on stats tab it will show you that drawdown was only 0.21%. so YES IT IS VERY SAFE.

but you have other reasons to doubt this EA. since it's not really a robot, it receives signals, YOU CANNOT BACK TEST IT. the developers can be sending good signals now to draw people's attention, but who knows when will it start losing money. maybe tomorrow, maybe next week, nobody knows.
Členem od Nov 15, 2010   183 příspěvků
Dec 23, 2010 at 16:44
I only got my Leo Trader working late yesterday, so I only have 1 sell on the GU at 12:55 today at 1.53915 which is still open. This is on Fin FX demo.

 Just looked at there live account and I dont have the 2 sells and 1 buy on the EU, so far it does not look very good. I also read that these are the same guys as the Megadroid EA team, so I will not hold my breath here thats for sure

 
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