Rich Owl (By richowl)

Pieaugums +431.61%
Kritums (Drawdown) 66.54%
Pipi: 15077.1
Darījumi 1275
Uzvaras
Zaudēt
Tips Reāls
Kredīta plecs: 1:200
Tirdzniecība Automatizētā

Diskusija

Jan 30, 2012 at 19:04
2,255 Views
18 Replies
Biedrs kopš   371 ieraksti
Feb 02, 2012 at 08:15
Hello,

You can make a backtest since 1999? This is weak backtest for so expensive EA. PayPal is no refund!!!
Biedrs kopš   371 ieraksti
Feb 02, 2012 at 16:24
That's incredible. This is the same vendor: https://fourx.me/

https://www.myfxbook.com/community/trading-systems/fourxme/190729, 1

https://www.forexpeacearmy.com/metatrader_expert_advisor/fourx_ea/real

The EA has big profits but eventually you will lose everything. Hands off this vendor.
Biedrs kopš   55 ieraksti
Feb 02, 2012 at 21:38
That is one expensive EA. Yes, looks like it is from Fourx.me the one that failed and even the vendor has removed the live test from his sales site.


Plan your trade, trade your plan
Biedrs kopš   12 ieraksti
Feb 03, 2012 at 04:03
You guys are right. I couldn't remember that EA that failed a couple of months ago. I looked at the site and the way it traded and it reminded me of fourx.me .....and your right it is...its a recycled EA. It just has a new name.
Biedrs kopš   46 ieraksti
Feb 18, 2012 at 00:34
Martingale. No SL=No account in no time.
Keep that damn Kryptonite away from me!
Biedrs kopš   7 ieraksti
Feb 18, 2012 at 09:46
Hi George.

The EA has very solid SL which is margin based and set in the external parameters of the EA.

Please let us know if you have any questions.

Thanks.
Biedrs kopš   34 ieraksti
Feb 24, 2012 at 17:43
can you tell me what is the cost of this ea
Biedrs kopš   14 ieraksti
Feb 28, 2012 at 18:49 (labots Feb 28, 2012 at 18:50)
😈 DD, account killer
Biedrs kopš   7 ieraksti
Mar 21, 2012 at 06:52
Please let us know if you have any questions about the EA.
Biedrs kopš   7 ieraksti
Mar 21, 2012 at 06:52
We are glad that our EA has been performing so greatly.
Biedrs kopš   86 ieraksti
Mar 22, 2012 at 07:53
Website is no longer available, I guess they closed shop: https://fourx.me/
gusrix
forex_trader_51376
Biedrs kopš   22 ieraksti
Mar 29, 2012 at 11:41

   richowl posted:
   Please let us know if you have any questions about the EA.

Hi Richowl, can you tell me about your EA Money management? $100 / 0.01 lot?
What's broker do you recommend?
Biedrs kopš   7 ieraksti
Mar 29, 2012 at 18:24

   gusrix posted:
   

   richowl posted:
   Please let us know if you have any questions about the EA.

Hi Richowl, can you tell me about your EA Money management? $100 / 0.01 lot?
What's broker do you recommend?

Hi Gusrix,

Thanks for your interest.
We started the EA with 0.02 lot on a $100.00 micro account.
Later we decided to lower the risk and as a result the lot size is currently lower than what it could have been based on the initial settings.
We are not using the Money Management capability of the EA, yet the EA does have Money Management system.

Please let me know if you have any further questions.

Thanks.
Biedrs kopš   72 ieraksti
Apr 02, 2012 at 17:09
Be very careful of trade size vs account size with grid+martingale. For example, on Feb. 23 it was floating -4500 pips. That's roughly -$4500 at 0.1 pips on a U.S. account with 50:1 leverage. As I write this, it has 24 open trades totaling 0.72 lots floating -540 pips. That would be nearly -$3900 with U.S. leverage. I bought FourX.Me and the vendor was very unsupportive. That EA looked to perform a lot like this one and eventually blew their test account. Buyer beware.
Biedrs kopš   7 ieraksti
Apr 02, 2012 at 17:37

   gwrigh posted:
   Be very careful of trade size vs account size with grid+martingale. For example, on Feb. 23 it was floating -4500 pips. That's roughly -$4500 at 0.1 pips on a U.S. account with 50:1 leverage. As I write this, it has 24 open trades totaling 0.72 lots floating -540 pips. That would be nearly -$3900 with U.S. leverage. I bought FourX.Me and the vendor was very unsupportive. That EA looked to perform a lot like this one and eventually blew their test account. Buyer beware.

This EA has nothing to do with Fourx.me.
We are very supportive for our clients and have a great service.
Yes, the EA has experienced drawdown but so does every EA. Yet the return has been so high which explains the excessive drawdown.
Further more, your comment is biased since you are a EA seller.

Let me know if you have any questions.
Biedrs kopš   72 ieraksti
Apr 02, 2012 at 17:41
I am not an EA seller. I'm just a regular trader in Arizona, USA. How did you come up with that? I hope you are not FourX.me. Someone else on this discussion said that. Please prove you aren't.
Biedrs kopš   72 ieraksti
Apr 02, 2012 at 17:43
I would be interested if you would explain how Rich Owl will avoid complete disaster. Is there a drawdown limit in the money management settings? -4500 pips is huge - what's to prevent -10000 pips and blown account? Thanks.
Biedrs kopš   7 ieraksti
Apr 02, 2012 at 17:44

   gwrigh posted:
   I am not an EA seller. I'm just a regular trader in Arizona, USA. How did you come up with that? I hope you are not FourX.me. Someone else on this discussion said that. Please prove you aren't.

Sorry for mistake, I just figured you are not an EA seller. There was a confusion.
Biedrs kopš   7 ieraksti
Apr 02, 2012 at 17:50

   gwrigh posted:
   I would be interested if you would explain how Rich Owl will avoid complete disaster. Is there a drawdown limit in the money management settings? -4500 pips is huge - what's to prevent -10000 pips and blown account? Thanks.

Rich Owl has a rigid StopLoss paramter which is on default set as 20% and all people who are using the EA can confirm that.
On our live account, we have targeted higher profit to presend the capabilities of the EA so the settings are not set as default.
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