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Forex Envy Power Edition (By forex_trader_47717)

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Forex Envy Power Edition Обсуждение

Apr 16, 2012 at 13:11
28,759 Просмотры
346 Replies
ForexEnvy
forex_trader_47717
Участник с Sep 14, 2011   21 комментариев
Apr 30, 2012 at 13:13

   flopps posted:
   Very interesting EA... have only just started to take a look at it and I have not bought it yet.

At first glance it looks like it would be great for broker that offers a good rebate though an IB like Cashback forex.

Anyone have any opinions on using the EA with a large account size? So that one could stay away from the 'cent' accounts. Still 1:500 leverage but a normal account with lot sizes starting at 0.01 of a full lot. What would be the recommended starting capital? 50K? 75K?

Anyway... think I'll purchase it and check it out on demo.

Cheers




We recommend starting with $240 or more if you are running Power with a pico account.
Please email [email protected] if you have any other specific questions.

Regards,

Team Envy
Участник с Apr 22, 2011   42 комментариев
Apr 30, 2012 at 13:43
Thanks everyone for the quick advice..... will do!
Участник с Dec 29, 2011   9 комментариев
May 01, 2012 at 11:53
really minimum deposit 240$ for running power edition ???

on th base myfxbook poweredtion

take profit 100~400% in month ??? really??

in fact ,, i will buy immediately

SCLLC
forex_trader_13737
Участник с Jun 16, 2010   2 комментариев
May 01, 2012 at 23:57 (отредактировано May 02, 2012 at 00:03)
It Reached 13.54 lot for USDJPY and 12.18 lot for EURUSD which means two more trades to reach maximum lot 50 and it happend in the first two weeks. If it happend in the first week it won't make it. Luckly, USDJPY closed before EURUSD in the second week.

To tackle it, Use backup deposit to run it again if you were unlucky and withdraw initial desposit and use it as a backup. Rinse and repeat.
Участник с Mar 23, 2012   1 комментариев
May 02, 2012 at 06:36
It looks like this account might have been very close to a magin call on April 10th with its 28% drawdown. Doesn't Tradfort only allow a 30% drawdown before magin call on cent accounts?
Always remember to never forget
Участник с Apr 18, 2012   102 комментариев
May 02, 2012 at 08:27
MC when only 30% remains. At 10% remains, all the losing trades are automatically sold.
No ROI in a dead account
Участник с Aug 20, 2011   588 комментариев
May 02, 2012 at 09:50

   cmonchamp posted:
   It looks like this account might have been very close to a magin call on April 10th with its 28% drawdown. Doesn't Tradfort only allow a 30% drawdown before magin call on cent accounts?
not 30% of DD
30% of free margin.
not the same thing.

should be 70% of DD...
Участник с Oct 18, 2011   13 комментариев
May 02, 2012 at 14:51
You can get rebate 2.5$ per round turn standard lot.
Payment method is Liberty Reserve only.

Use the link below to open a new account.
https://my.tradefort.com/registration?b53dbbf

PM me your full name, email, TradeFort account number, and Liberty Reserve account number so I can verify the account.
Участник с Apr 18, 2012   102 комментариев
May 02, 2012 at 15:22

   offride posted:
   You can get rebate 2.5$ per round turn standard lot.
Payment method is Liberty Reserve only.

Use the link below to open a new account.
https://my.tradefort.com/registration?b53dbbf

PM me your full name, email, TradeFort account number, and Liberty Reserve account number so I can verify the account.

I already have a TradeFort Flex Cent account. Can I still receive Rebates?
No ROI in a dead account
Участник с Aug 20, 2011   588 комментариев
May 02, 2012 at 16:37
generally its not possible once the account is created.
you have to create it usng the link provided...
but do some search on the net...
this rebate program is 4$/round turn
https://www.bestforexrebates.net/
Участник с Sep 21, 2011   12 комментариев
May 05, 2012 at 09:27

   roger11 posted:
   cant wait to try out the power edition :D

This so called power edition on vendors site they just mention 1 system i think the account showing %300+ month is just a new account of the current system which is still @ 35% month w/ 50% Drawdown?!
Участник с Sep 21, 2011   12 комментариев
May 05, 2012 at 09:27
no my mistake power edition is a new not yet released system
Участник с May 24, 2010   371 комментариев
May 18, 2012 at 07:53
Be careful! This EA is similar strategy as EA Toms. It is to short time.

Look for the loss:

https://www.myfxbook.com/members/TomsEaWPFXlive/tomsea-wpfx-live/151409
Участник с Mar 27, 2010   10 комментариев
May 24, 2012 at 14:46
hi, when i read profit month: $14407.14 how many money are if it's a penny account?
Участник с Aug 20, 2011   588 комментариев
May 24, 2012 at 15:24

   starlight_fx posted:
   hi, when i read profit month: $14407.14 how many money are if it's a penny account?

144$
Участник с Dec 09, 2011   42 комментариев
May 24, 2012 at 16:38

   Jarora posted:
   Be careful! This EA is similar strategy as EA Toms. It is to short time.

Look for the loss:

https://www.myfxbook.com/members/TomsEaWPFXlive/tomsea-wpfx-live/151409

That's a very naive remark. You should actually look at the comparative drawdowns between the main Forex Envy system and Tom's EA.

The recent Euro free-fall has really shown up the flaws in Tom's EA, while it also serves to enforce how effective Forex Envy is in managing such situations. Largely, this is in Envy's diversification into 9 currencies, and not forgetting the very powerful 'Basket Take Profit' whereby lot sizes are precisely calculated such that no matter how many levels in trades opening, the EA is able to maintain the same low BTP, which helps trades close in profit with a small retrace.

Tom's EA on the other hand, requires a larger and larger retrace (110-150 pips at level 3, close to 200 pips at level 8), which makes their baskets MUCH MUCH harder to close off.

I wrote a 3-part comparison between Tom's EA on my blog. You're welcome to read:
https://www.forexpipmaker.com/2012/05/best-of-the-martingales-3-toms-ea-and-forex-envy-comparative-drawdowns/

Coming from someone who used to promote Tom's EA, I'm telling you now, Forex Envy is a mathematical masterpiece. Tom's EA is the work of a bunch of buffoons.
To live the life of the Professional Bum.
Участник с May 24, 2010   371 комментариев
May 25, 2012 at 06:59

   forexpipmaker posted:
   

   Jarora posted:
   Be careful! This EA is similar strategy as EA Toms. It is to short time.

Look for the loss:

https://www.myfxbook.com/members/TomsEaWPFXlive/tomsea-wpfx-live/151409

That's a very naive remark. You should actually look at the comparative drawdowns between the main Forex Envy system and Tom's EA.

The recent Euro free-fall has really shown up the flaws in Tom's EA, while it also serves to enforce how effective Forex Envy is in managing such situations. Largely, this is in Envy's diversification into 9 currencies, and not forgetting the very powerful 'Basket Take Profit' whereby lot sizes are precisely calculated such that no matter how many levels in trades opening, the EA is able to maintain the same low BTP, which helps trades close in profit with a small retrace.

Tom's EA on the other hand, requires a larger and larger retrace (110-150 pips at level 3, close to 200 pips at level 8), which makes their baskets MUCH MUCH harder to close off.

I wrote a 3-part comparison between Tom's EA on my blog. You're welcome to read:
https://www.forexpipmaker.com/2012/05/best-of-the-martingales-3-toms-ea-and-forex-envy-comparative-drawdowns/

Coming from someone who used to promote Tom's EA, I'm telling you now, Forex Envy is a mathematical masterpiece. Tom's EA is the work of a bunch of buffoons.

I for mathematical calculations do not believe in the martingale strategy. Wait a year and see if I am surprised this EA. I think it is just a happy time.
Участник с Sep 15, 2011   20 комментариев
May 25, 2012 at 12:14
In the mean time keep banking profits as FE suggest -keeping the balance working capital at a reasonable safe level to avoid MC and wait for the crash! It all about probability and some of those FE floating DDs are scary but flying is fun.........
eogorman@
Участник с Mar 30, 2012   43 комментариев
May 27, 2012 at 05:56 (отредактировано May 27, 2012 at 05:57)
work of a bunch of buffoons.

LOL... 😄
Between Pips from SL to TP
Участник с Dec 29, 2011   9 комментариев
May 31, 2012 at 12:47
hi can i buy power edtion ?
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