SharePosts by kobebeef
| Previous 1 2 3 4 5 .. 10 Next |
|
I've installed the EA on ThinkForex Demo but not having the same trade as show in this MyFXBook. I'm using VPS, running the EA 24 by 7 since early of last week.
I have requested several times the correct settings from William, the developer of this EA, but he turned dumb.
If you have the same trades as shown in this MyFxBook, could you please share the settings. Thanks.
|
|
I bought the version 2.3 and ran back test on several brokers, including Alpari UK, over the past 5 years price data, the equity curve is not what they shown on their website. It's is choppy side way like equity curve, even on Alpari UK. Of course, I ran the back test during the weekdays when the market is opened.
They claimed that they will setup a real money account for forward testing but till now, they have yet to honor their words. They are dishonest. Stay away from them.
|
|
Why do you need to hide the name of the broker?
Why do you need to hide the open trades? We would like to know the draw down.
|
|
Why there isn't any trade after Sep 22?
|
|
[quote]forexma posted:
The concept(MM) of this EA is well known but used in the wrong way.
[/quote]
Yes, agreed.
They've implement the money management wrongly on this EA. The risk % should be based on the worst scenario where the EA open 1x +1x + 3x == 5x. When all these three trades failed, it's still within the intended Risk %.
But the EA used Risk % for 1x trades, this implies when the EA opens 5x (1 + 1 + 3 ) trades, the risk is 5 times more than intended. This has caused the recent huge loss in profit.
Instead of using the risk %, I used the fixed lot size for this EA.
|
|
So far on our Alpari UK real money account, we do not incur any losses on the 3x trades. We also tried SS on Go Markets but there are more 3x trades than on Alpari UK. On Go Markets, the 3x trades ended in losses. But hardly see any 3x trade on Alpari UK account until this week. Between 8 and 9 Nov, SS opened two 1x trades and one 3x trades. But all three trades closed with a small net gain.
Guess the performance of the EA is dependent on broker's data feed.
BTW, I'm using fixed lot size rather than Risk percent that someone has modified and shared on a public forum.
|
|
[quote]videoman555 posted:
сдохни блять со своим сливатором сукка!
[/quote]
I guess you did not purchase the original.
Saw similar id, Videoman555, on one of the forum that shared this EA.
|
|
Do you manually disable the EA before Red coded news affecting EUR and USD? On my Alpari UK account, there was a losing trade that was opened just an hour before Fed rate yesterday but your account does not have the similar trade..
|
|
Seemed like you have disabled trading on Friday. I have a few trades on Fri and ended with a small loss. But your statement does not have any trades open on 29 Oct 2010. My broker is also Alpari UK.
|
|
I'm running Smart Scalper on two instances of MT4 simultaneously on the same machine but different broker accounts. Have no problem.
|
