Forex Envy Power Edition (Od forex_trader_47717)
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Sep 01, 2012 at 19:12
Rickyv101 posted:
After I blew up one of my FE Power account for whatever reason, I am thinking to put some money for Their power PAMM account, I got emails from them, It does 13% profits in 2 weeks, It is safer.
why the account blewed up ?
is that because of you raising risk to 5 .. or what ... ?
thanks
Uczestnik z Aug 20, 2011
588 postów
Sep 01, 2012 at 19:38
certainly the big eurusd move... it was a high DD, and for some reasons, some accounts got a MC.
maybe the account were just too small, or too many latency which cause too many slippage.
by the way... currently there is a bug around the audusd in v3, for some reasons, the same lot size are opened 2 times and the TP set to the wrong level causing negative results. their pamm account suffer this issue and my demo one too, my real one didnt suffer this for the moment.
personnaly, I recommend if you have the EA, to continue using it in your own account, which is the exact same EA has the PAMM account, but the big difference: the rebates. the rebates its up to 30% more profits, and you dont have this on a PAMM account.
maybe the account were just too small, or too many latency which cause too many slippage.
by the way... currently there is a bug around the audusd in v3, for some reasons, the same lot size are opened 2 times and the TP set to the wrong level causing negative results. their pamm account suffer this issue and my demo one too, my real one didnt suffer this for the moment.
personnaly, I recommend if you have the EA, to continue using it in your own account, which is the exact same EA has the PAMM account, but the big difference: the rebates. the rebates its up to 30% more profits, and you dont have this on a PAMM account.
Sep 01, 2012 at 19:57
Thanks willgart
i have 2 real cent account (about 5000usd for both) .. and no demo .
do you advise to close audusd chart or remove the EF from it ?
i already use the EF for the both account but i dont know any thing about PAMM account and rebates.
at last tel me about your risk .. is it 1 or what ?
best regards
i have 2 real cent account (about 5000usd for both) .. and no demo .
do you advise to close audusd chart or remove the EF from it ?
i already use the EF for the both account but i dont know any thing about PAMM account and rebates.
at last tel me about your risk .. is it 1 or what ?
best regards
Uczestnik z Aug 20, 2011
588 postów
Sep 01, 2012 at 20:15
currently the risk is 2 for the long cycle and 1 for the short, only power setting mode used.
its your choice to stop using audusd until its solved. I'll monitor my account closely. but when the problem occurs on my demo account it was during the night...
I'll let the audusd trading normally, its not a big deal.
its your choice to stop using audusd until its solved. I'll monitor my account closely. but when the problem occurs on my demo account it was during the night...
I'll let the audusd trading normally, its not a big deal.
Sep 01, 2012 at 21:09
If you start with min. starting money, you can really use risk = 1 setting , it is danger to go to higher setting.
It seems that if your account has more money, It will lower Risk setting, you can find it by baselots size, you might change it higher for slightly more profit.
Willgart, One of my live account using FE power, I had that AUGUSD problem few days ago, It formed a nagitive basket and I lost one day profit. But other live account didn't have problem, very strange.
It seems that if your account has more money, It will lower Risk setting, you can find it by baselots size, you might change it higher for slightly more profit.
Willgart, One of my live account using FE power, I had that AUGUSD problem few days ago, It formed a nagitive basket and I lost one day profit. But other live account didn't have problem, very strange.
Sep 02, 2012 at 19:56
Paltalk ask: and other people
<<<'why the account blewed up ?'>>>>
I am such bad luck guy for FE 3 bugs, Why me? This account started 2 days and blew up.
Well, it seems that they find the problem, I used XEmarket ( tradiing Point), It had to use ' Server friendly mode', When market is really hot, It missed the exist trade at level 15, and it caused Margin call on closed biggest trade with big lose, then FE3 kept on open up big trade again then MC again untill all money gone.
Also I hitted that AUDUSD bug too and I lose one day profits.
I am still in hole and If I am luck, I might get out of hole in one more week.
<<<'why the account blewed up ?'>>>>
I am such bad luck guy for FE 3 bugs, Why me? This account started 2 days and blew up.
Well, it seems that they find the problem, I used XEmarket ( tradiing Point), It had to use ' Server friendly mode', When market is really hot, It missed the exist trade at level 15, and it caused Margin call on closed biggest trade with big lose, then FE3 kept on open up big trade again then MC again untill all money gone.
Also I hitted that AUDUSD bug too and I lose one day profits.
I am still in hole and If I am luck, I might get out of hole in one more week.
Uczestnik z Aug 20, 2011
588 postów
Sep 03, 2012 at 15:48
paltalk posted:KangarooEA for sure !
hi
i have Forex Envy 3.0.21 in 3 real account ..i am going to open a new live account and thinking of other expert adviser beside FE .. any advise from my friends here ..
what is the best EA next to FE .. thanks ..
I start testing totalgrid (free, martingale like FE. just paid through IB so no rebates)
also check eareview.net and bestforexrobots.net for a list of EAs.
FX Unicorn, Volatility Factor 4 and Packard Tresor appear to be interesting... as they are new, better to wait a little...
Sep 03, 2012 at 16:57
HI Paltalk:
I think I am lucky, They gave me 6 live accounts, I have 4 of them running on cent live accounts making Aprom 1% per trading day.
I am new and I find that most profitable EA will slowly die out.
I am trying to learn more manual trading skill on side while monitor how Forex Envy doing, so I can make profits myself or made my own EA someday.
I think I am lucky, They gave me 6 live accounts, I have 4 of them running on cent live accounts making Aprom 1% per trading day.
I am new and I find that most profitable EA will slowly die out.
I am trying to learn more manual trading skill on side while monitor how Forex Envy doing, so I can make profits myself or made my own EA someday.
Sep 03, 2012 at 18:06
My live account is still too small near Min starting money.
I use default risk setting which is 1
If It grow little bit more, I might increase it little bit.
I am still very new for it, I do not close the trades for it, normally, it will screw up and lose money. However, If basket's level over level 10, I might decide to set 'negatives basket protection' to 'fail, or bail out, Just want to get out of danger of margin call.
I use default risk setting which is 1
If It grow little bit more, I might increase it little bit.
I am still very new for it, I do not close the trades for it, normally, it will screw up and lose money. However, If basket's level over level 10, I might decide to set 'negatives basket protection' to 'fail, or bail out, Just want to get out of danger of margin call.
Sep 04, 2012 at 15:40
https://umeku.com/fx/basketExposure/ is the link to the basket exposure indicator.
If you are makeing less than 100% a month you aren't doing it right!
Sep 04, 2012 at 17:31
thanks Rickyv101 ,willgart
that is a group of advanced_forexenvy :
https://finance.groups.yahoo.com/group/advanced_forexenvy/
that is a group of advanced_forexenvy :
https://finance.groups.yahoo.com/group/advanced_forexenvy/
Uczestnik z Aug 20, 2011
588 postów
Sep 04, 2012 at 17:59
paltalk posted:
thanks Rickyv101 ,willgart
that is a group of advanced_forexenvy :
https://finance.groups.yahoo.com/group/advanced_forexenvy/
thanks. I join the group (waiting for approbation)
Sep 06, 2012 at 13:15
willgart posted:paltalk posted:
thanks Rickyv101 ,willgart
that is a group of advanced_forexenvy :
https://finance.groups.yahoo.com/group/advanced_forexenvy/
thanks. I join the group (waiting for approbation)
Membership is restricted to licensed Envy purchasers.
You will need to supply your Envy email address for verification.
It does not, however, need to be the email address you use for the Group.
Uczestnik z Aug 20, 2011
588 postów
Sep 06, 2012 at 20:55
paltalk posted:
many trades closed minus profit .. total is minus .. i think there are something wrong with FE in many pairs .
did you say that you have a negative day?
are you using the v2 or v3?
in v2, you have to monitor the account has negative basket could occurs frequently IF your broker is slow or many requotes. else the problem is small
AUDUSD could have a problem in v3. else the megative protection works fine.
Except these 2 cases, I never got any negative batch. its always a success and profit :)
