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What do you think about this EA?
Membro Desde Mar 25, 2015
94 postagens
Jun 11, 2015 at 06:49
Membro Desde Mar 25, 2015
94 postagens
Hi guys,
What do you think about this EA?
https://www.myfxbook.com/members/applesia1990/trendscalpingea/1235239
287 trades throught last 3 months without single losing trade. Need to say i haven't seen such performance yet.
What do you think about this EA?
https://www.myfxbook.com/members/applesia1990/trendscalpingea/1235239
287 trades throught last 3 months without single losing trade. Need to say i haven't seen such performance yet.
forex_trader_165856
Membro Desde Dec 03, 2013
631 postagens
Jun 11, 2015 at 09:05
Membro Desde Dec 03, 2013
631 postagens
Looks good. Maybe some sort of grid that closes trades in profits and holds the losses indefinitely. Time will tell.
Membro Desde Apr 15, 2015
4 postagens
Jun 12, 2015 at 08:49
Membro Desde Apr 15, 2015
4 postagens
RedRhinoLab could be right. Heavy equity drop on Friday (USD spike after US data publication), recovered on Monday. One big rally against taken positions and account is burned. As Joe DiNapoli said 'All non-judgmental systems eventually fail (stop making money). Your hope is to be using one while it is working.'
Membro Desde Apr 15, 2015
4 postagens
Jun 12, 2015 at 08:52
Membro Desde Apr 15, 2015
4 postagens
Look at Advanced Statistics --> Summary. This EA trades NZDUSD long (!!!) and GBPJPY short (!!!). How could it be named anything but 'TrendScalping' :) Looks like it holds losing trades on EURGBP, NZDUSD and maybe other pairs too. Just imagine if they launched it one month later. There'll be no equity in few days...
Here is similar EA, also constant profits but holds losing trades forever thus equity not growing but stable:
https://www.mql5.com/en/signals/104308#!tab=trading
Here is similar EA, also constant profits but holds losing trades forever thus equity not growing but stable:
https://www.mql5.com/en/signals/104308#!tab=trading
Membro Desde Mar 25, 2015
94 postagens
Jun 12, 2015 at 11:50
Membro Desde Mar 25, 2015
94 postagens
Guys, don't know how much normal trading system delivers per year (would say around 20%, if it's good year, correct me if i'm wrong), but that trendscalpingea delivers 50% in average per month! I don't how you, but i would rather undergo higher risk, then to stay poor for the rest of the life.
Membro Desde Mar 25, 2015
94 postagens
Jun 12, 2015 at 11:54
Membro Desde Mar 25, 2015
94 postagens
@ovo_sapiens what's wrong trading NZDUSD long (oversold) and GBPJPY (overbought) now? Both offer good reward/risk opportunities.
Membro Desde Apr 15, 2015
4 postagens
Jun 13, 2015 at 15:13
Membro Desde Apr 15, 2015
4 postagens
JojoW posted:Nothing wrong. But look at this EA as a whole, not just at growth graph:
@ovo_sapiens what's wrong trading NZDUSD long (oversold) and GBPJPY (overbought) now? Both offer good reward/risk opportunities.
- Best Trade (Pips): 49.0
- Average Win: 22.09 pips
- Maximum Drawdown: 57.30%
- Drawdown yesterday: 39%
In my opinion this system risks everything (no SLs at all) in order to scalp small retracements in main trend. In case they launched this system not at the end of April but between May 20 and June the 1st, this account will survive 3-10 days with max. profit 10% then equity down to 0. Risk not acceptable for me. Wait for FOMC decision next week, we'll see what this EA will show the day after. Best EA from signaltrader.com - SignalCable reached 500%+ profit then lost everything in one week. And there were about 2000 followers of its signals...
Membro Desde Mar 25, 2015
94 postagens
Jun 13, 2015 at 15:14
Membro Desde Mar 25, 2015
94 postagens
@applesia1990 your EA kicks ass, 400% in 3 months WAU WAU WAU 😂
Membro Desde Apr 15, 2015
4 postagens
Jun 18, 2015 at 08:48
Membro Desde Apr 15, 2015
4 postagens
As I predicted: drawdown 69% and counting (despite so many winning positions). It holds losing positions forever. If trend doesn't change, only few days left...
forex_trader_139412
Membro Desde Jul 16, 2013
385 postagens
Jun 18, 2015 at 10:54
Membro Desde Jul 16, 2013
385 postagens
Also trading live with 'straight line EA's'
I just can't get my growth % on that level. It considerately increases risk.
I just can't get my growth % on that level. It considerately increases risk.
Membro Desde Mar 25, 2015
94 postagens
Jun 18, 2015 at 11:49
Membro Desde Mar 25, 2015
94 postagens
Even if the account will be gone, with 400% profit earned, that trader can open new 3 accounts. 😄
forex_trader_186239
Membro Desde Apr 15, 2014
224 postagens
Jun 19, 2015 at 13:19
Membro Desde Apr 15, 2014
224 postagens
Some work on max DD is necessary
forex_trader_38771
Membro Desde Jun 10, 2011
60 postagens
Jun 20, 2015 at 08:54
Membro Desde Jun 10, 2011
60 postagens
just another rubbish grid trading system, doomed to fail
Membro Desde Apr 26, 2015
9 postagens
Jun 20, 2015 at 10:57
Membro Desde Apr 26, 2015
9 postagens
70% DD... 😲
Disaster waiting to happen...
Disaster waiting to happen...
Make Money!
Membro Desde Jun 18, 2015
18 postagens
Jul 23, 2015 at 11:27
Membro Desde Jun 18, 2015
18 postagens
Our EA works with all MT4 and MT5 brokers. Spread can be up to 4.0 pips and it can still make money every day. Our EA makes realistic profits from 100-500% monthly, no hype and Demo trading, only Real accounts. Check myfxbook to make sure!
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