SharePosts by Capella
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FX Unicorn is a copy of an early version of MillionDollarPips. And instead of paying $400 to the scam-artist, download it from free here. It's unprotected. Enjoy :)
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No, it's not for sale. I develop EA's for use on BIG managed accounts, although the risk settings are much lower then. The only reason this EA is here is because I promised a person to publish its performance here. I run this EA on several live accounts. The result differs little depending on spread and other broker-dependent factors, but is in general the same.
Here's a 99% backtest...
http://www.myfxbook.com/strategies/highspeedbreakout/22922
Note: The risk-settings is set to a maximum DD of 30%, which can be regarded as too high. For trading on real accounts I use 1% to 3%.
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Some facts regarding the statement:
FinFX real account numbers consists of 5 numbers, not 7.
FinFX charges $7 in commission per 1.00 pip, not 0$.
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"Forex Grid Trader" could also be a copy of the free EA "Bunny". I'm not sure if "Ilan 1.4" or "Bunny" came first,. Anyway, for anyone interested, I've uploaded Bunny here...
[file removed due to trojan suspecion]
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FXCH - the worst of the worst of all scam brokers out there. All EA's running on their demo-server can use the price differences between them and real brokers price feeds to generate fake profits. BEWARE!!!
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[quote]rtake1221 posted:
Good EA!
Will you please share this EA with me ?[/quote]
No, it's too good to be shared for free ;)
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A new kind of scalping, using "price action" and no technical indicators. SL and TP are calculated dynamically, and SL is always much less than TP (typically 1/3 to 1/8). Number of profitable trades are not higher than 50% but since TP is so much higher than SL, this EA is a guaranteed winner in the long run.
http://www.myfxbook.com/strategies/highspeedbreakout/22922
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[quote]
crashev posted:
Will this EA be available for free? :)
[/quote]
Yes, someday. The drawdowns on this real account is caused by the fact that lowest possible trading size is 0.1 lot, which is too high for tha amount of money (2000+). Compare with the demo-account where the start amount was 10000. So before I release this EA to the public, I will add some broker checks that will not allow it to trade unless it can trade with lots small enough compare to the capital, and also leverage that is high enough (1:200 is too low).
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I've requested a higher leverage for this account, which now is 1:200. A high leverage is necessary due to the fact that the EA can have a very large number of open positions.
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[quote]
reinerh posted:
is the logic such that the ea looks at all open positions, so that if it is in profit on the others it is closing a loosing sequence, and then starting over.
your demo sure is still doing just fine. if we could only get groceries with our demo winnings :)
[/quote]
Yes, the EA calculates different "baskets" with open positions, and will close all position in one such basket to break-even with a small profit. One such basket is for each currency pair, another one is for all open positions.
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