Discussion Forex Envy Power Edition

paltalk posted:

thank you Mr. willgart to your replay ..
i am not sad of the money they took .. only they took money from my visa without my permit .. it feel me not safe .. that is all .. but money not important to me

about that i did not get profit from the ea >> may be my luck is not good .. i feel that indeed

please i am thinking to raise risk to 3 .. what do you see about that

thank you very much .. you let me feel calm ..

a risk of 3 for the short cycle is too high, 1 movement like last week on eurusd and you got a MC in few hours. I'm using the risk 1 for the short cycle and 2 for the long cycle (but I'll change this)
I have 2 accounts now 1 v2 and 1 v3, the v3 is 3 times lower in capital and I got now the same amount from it. I prefer to still safe for the moment has there is certainly few bugs in the EA, but everything is ok for me now.
and for info I got a MC in february with FE and from here I was able to recover everything and got 400% (my capital was withdrawn there is 2 months ago)
so ... withdraw at a regular basis, after a big move on the market and when the free margin is high to not impact the EA.
and be safe as the market will start moving again normally next week (august was very flat!)

Thank you very much
i understand your reply except 2 words .. sorry for that .
' MC and FE '
thanks again and what shall you change risk to .

MC= margin call (you currently loosing your account...)
FE= forexenvy
:)

You have to pay four times per year for using Envy. How can you own this EA and not know this? Don't you guys read the agreements and stuff....

willgart posted:
MC= margin call (you currently loosing your account...)
FE= forexenvy
:)

Thank you .. i appreciation your advise very much ..
my best regards

and i discover that they took 30usd from my visa without my knowlage
i send email to them .. they dont reply
can any tel me about that
thanks

They did samething to me On Aug/26, With $45USD from my Mastercard, Why you paid only $30 but I paid $45?

willgart posted:

paltalk posted:
when i get that ea i did not agree to quaterly fees .. i dont know any thing about that
it is very bad think to take money from my visa without my knowlage
what can i do now ?
i dont get any profit from that ea ..
please tel me what to do now

Contact regnow to know how to cancel a recurring payment. and post in the FE forum.
sorry to ear that you dont get any profit... very strange in fact, today its the most profitable EA I got (400% in 6 months)

I paid $45 quaterly fee more than your $30.

I have had this EA for 2 months now, I am even worse than you without profit, After margin call with V3 power short fail exist on slightly higher exist point, I have a big hole which need a while to paid back and not even sure that I can be able to make it breakeven.

After one week learning on V3, I find that broker datafeed and/or internet connection do impact on profit exist point, When market is really hot, In some case, it might not able to exist due to profits taking point is too high.

I am hoping some nice guy, who is able to do compare on VPS and home computer in real world with V3.

On other hand, I am trying to improve my manual trading skill and hoping that I can make some money as well.



 

I am testing FE 3 Power long and Short, Power long pairs seem very safe, Power short pairs are questionable.

I am running few FE power long and short default on different broker.

Today, EURUSD trend up quickly like Last week similar to my account Margin call at level 15, 2 hours After USA market open.

Broker 1 sell side stuck at level 12
Broker 2 sell side stuck at level 10
Same Broker 2 on other computer sell side at level 2 only
Broker 3 sell side at level 0

At the end, both can exist on only 1 pip above profit taking point with slightly retracement last less than 30 seconds, then market head up 20 pips.

if you are user of FE, you will know what I mean level 0 or level 12, it is strange that it behave quite difference on difference broker and internet connection.

welcome Rickyv101
they said here that FE is Profitable .. i don;t get profit and you loose some
may be we are bad luck ..

do you advise to cancel short pairs ?
what risk do you use ?
why you don't ask to refund ?
my regards

Hi Paltalk:

So far, I feel that if I run V3 power long without power short with twice more than their min required money, it is profitable.

for refunded, you need to register your live account and run it with long cycle only, I am not looking for refund anyway.

If you look at performace in Forex envy website, you will see 4 live charts.

Running power long and short - monthly return 70%
Running long and short cycle - monthly return 12.3%
Running Long cycle - monthly return 8.9%

They seem very safe, Base on those charts, Which one will you pick, It make sense to pick power long and short with 70% monthly return.

Today, EURUSA power short pair ran up to level 12 again quickly like last week, I was able to see the problem with broker, Broker's slippage increase to 2 pips more, it causes profits taking point 3 to 4 pips more than other copy running on other broker, Finally, it was able to exit with only 1 pip more.
 

i see what you mean .. that is very good.
i canceled short pairs for a while and i shall watch to see what to do .
did you make any profit now ?
thanks

profix posted:
the old one with the ugly DD is gone..🙄

https://www.myfxbook.com/members/ForexEnvy/forex-envy-power-edition/284023

and voila- here we are again, ofcourse with half the DD ...😉

ea ea ea ea... 😁

2 months without any profits ..

paltalk posted:
2 months without any profits ..

the market is very flat these weeks, except some few trends. I still have some profits. but this week I break my record of the lowest profit in 1 day.
I hope that the moves will starts in september...

willgart posted:

paltalk posted:
2 months without any profits ..

the market is very flat these weeks, except some few trends. I still have some profits. but this week I break my record of the lowest profit in 1 day.
I hope that the moves will starts in september...

Thank you my friend .
i noticed the ea closed many trades in looses .. very bad thing .
i am not glad with that ea and feel not good Especially when i know they shall take money from my visa every 3 months
 they take money without any profits .
it seemed to me that all expert adviser are a method to take money from us ..
my regards to you .

yes, a lot of loosing trades, and you can see a negative number of pips win... because its a martingale system.
take a look at the constant profits...
for me its my most profitable EA with 400% of profits in 6 months.
august will be the smallest month for me with 'only' 14% on my main v2 account.
my v3 demo account got 30%... and my new account for the v3 started last week got 10% in 10 days...

so if the market become normal in september I except 40% again...

by the way... 1 day of trades pay the quaterly fees.

If you like support, They offer very good support, and for news event, they remotely turn on/off some currency pair, so quaterly fee is worthy. (P.S. due to poor English, I never use their support anyway, just read their posts and learning from their member area).

I am not sure that I am bad luck or some problem in V3 power's set file or broker or other,
I start demo V3 2 months ago with near 50% profits.
Then I start real money 12 days ago in 3+ live accounts with different broker, Very strange that one live account blew up with all money gone, while 2 live accounts passed by a hair line.

I am stuck with this EA now, If I am lucky, it will take me 2 months to break even.

Not sure why, both EURUSA/GBPUSA short pairs are turn off for 2 days now and I guess that they really want to make sure that our money are safe due to news event which is Number 1 in EA world so far.

Hi Paltalk:
<i noticed the ea closed many trades in looses .. very bad thing .>
I guess that you do not see the whole picture, Forex Envy works like this, For each currency pair, It carries 2 baskets, One up ( Buy orders) basket and one down ( Sell orders) basket, They set profits based on whole baseket containing multiple orders, If you set Negative basket protection true, you will never see losing total basket trades.

In order to see those baskets, you need to download/install a indicator named ' Basket Explousure 1.61 or higher' then you can see the whole picture of how Forex envy's basket work.


Hi Willgart:
<so if the market become normal in september I except 40% again...>
Forex envy works like this ' More risk, more return', I find that it makes more money when It has big basket, However, When it basket contains 15 orders( Maxium basket order), It is very scary to see that 50+ lots trades.

I am not sure that I am allow to discuss it here or not.

I just demo test a free program ' Totalgrid', Although it mentioned that it is difference than Forex envy, However, When I demo test it, It uses difference methods to detect market moving but it behaves quite close to Forex envy in different way.

1). They use same currency pairs and more pair and use same basket profits method.
2). They run both long cycle and short cycle trades together.
3). I am using the lowest risk set file, it still make twice more profits than Forex Envy V3 Power, I guess that it might blow up in few weeks. time will tell.




 

don' forget that august has been a very dull month for grid martingale eas,

rob559 posted:
don' forget that august has been a very dull month for grid martingale eas,

Just this few days was bad, For whole Aug, it does profits 20 -28% / month overall, not bad.