Flex EA 3x Retrace (Por forexfbi)
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Discussão Flex EA 3x Retrace
Membro Desde Jun 22, 2015
2 postagens
Jun 23, 2015 at 06:47
Membro Desde Jun 22, 2015
2 postagens
I am keeping an eye on this EA. Looks promising but, I dont know what the long term profitability will look like.
Better to make little profit than to loose.
Membro Desde Jul 14, 2015
7 postagens
Jul 16, 2015 at 07:39
Membro Desde Jul 14, 2015
7 postagens
right now, Michael, it is down 27%, 3 trades on 3 pairs tanking. Hope the guy has a DD cutoff.
I have this same strategy on my live account. It took the same trade as this account yesterday on eur/cad, but mine has not opened these 3 trades on 3 pairs.
I also have a 100 pip stop loss. 0.03,0.06.0.12 so I would lose about $210 per pair failing. Or $630 on a $1500 account.
MY VT=8
I have this same strategy on my live account. It took the same trade as this account yesterday on eur/cad, but mine has not opened these 3 trades on 3 pairs.
I also have a 100 pip stop loss. 0.03,0.06.0.12 so I would lose about $210 per pair failing. Or $630 on a $1500 account.
MY VT=8
Membro Desde Nov 02, 2012
4 postagens
Jul 24, 2015 at 08:30
Membro Desde Nov 02, 2012
4 postagens
Are we able to get the Flex EA settings for this?
Membro Desde May 20, 2011
724 postagens
Jul 27, 2015 at 08:31
(editado há Jul 27, 2015 at 08:34)
Membro Desde May 20, 2011
724 postagens
Wow this has had a great run so far! Really impressed with this. Watching
Membro Desde Jun 22, 2015
2 postagens
Jul 27, 2015 at 14:34
Membro Desde Jun 22, 2015
2 postagens
bradmanfx posted:
right now, Michael, it is down 27%, 3 trades on 3 pairs tanking. Hope the guy has a DD cutoff.
I have this same strategy on my live account. It took the same trade as this account yesterday on eur/cad, but mine has not opened these 3 trades on 3 pairs.
I also have a 100 pip stop loss. 0.03,0.06.0.12 so I would lose about $210 per pair failing. Or $630 on a $1500 account.
MY VT=8
I see that the three trades are still open. I have to say that it can get quite scary to think of loosing $610 out of $1500 ... that's close to half the total equity.
Will keep watching the EA though to determine if I'll invest my money in it.
Better to make little profit than to loose.
Membro Desde Jul 14, 2015
7 postagens
Jul 29, 2015 at 06:37
Membro Desde Jul 14, 2015
7 postagens
I guess the USD CAD was closed out manually at about 9% loss.
The very same second the 3 floating trades closed, it opened another USD CAD position.
So I am not sure what was happening, if something was programmed into the EA or if something manual happened.
Either way, my default took the same EURNZD that this 3X took.
If anyone is thinking of trying this strategy, I suggest you stick to default. That's my 5 cents...
😕
The very same second the 3 floating trades closed, it opened another USD CAD position.
So I am not sure what was happening, if something was programmed into the EA or if something manual happened.
Either way, my default took the same EURNZD that this 3X took.
If anyone is thinking of trying this strategy, I suggest you stick to default. That's my 5 cents...
😕
Membro Desde May 20, 2011
724 postagens
Jul 29, 2015 at 08:12
(editado há Jul 29, 2015 at 08:13)
Membro Desde May 20, 2011
724 postagens
bradmanfx posted:hmmmm interesting! He was earning good swap on it LOL
I guess the USD CAD was closed out manually at about 9% loss.
The very same second the 3 floating trades closed, it opened another USD CAD position.
So I am not sure what was happening, if something was programmed into the EA or if something manual happened.
Either way, my default took the same EURNZD that this 3X took.
If anyone is thinking of trying this strategy, I suggest you stick to default. That's my 5 cents...
😕
Since when does this trade EURNZD? Not on recommended pairs list.
Membro Desde Jul 14, 2015
7 postagens
Jul 29, 2015 at 10:30
Membro Desde Jul 14, 2015
7 postagens
click on 'summary' and you will see that EUR NZD is the pair that has the most trades on this account.
the most longs
& second most shorts
combined: most trades...
the most longs
& second most shorts
combined: most trades...
Membro Desde Aug 07, 2014
9 postagens
Aug 24, 2015 at 13:50
Membro Desde Aug 07, 2014
9 postagens
BOOM. Account Blown. Really didn't see this coming :/
Membro Desde Apr 14, 2011
72 postagens
Aug 24, 2015 at 15:39
Membro Desde Apr 14, 2011
72 postagens
See? Grid, martingale blows accts! How many more examples do you need? It blows accounts!
Never ever ever give up!!!
Membro Desde Nov 04, 2014
33 postagens
Membro Desde May 04, 2012
1608 postagens
Aug 24, 2015 at 19:51
(editado há Aug 24, 2015 at 19:52)
Membro Desde May 04, 2012
1608 postagens
Another Martingale Story...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Membro Desde Dec 28, 2014
6 postagens
Aug 24, 2015 at 21:06
Membro Desde Dec 28, 2014
6 postagens
pblam posted:
What Happened!?!?!
What happened...?? what happened...??
TYPICAL MARTINGALE destruction.
That is what happened...!!!! It looks good until it is destroyed.
Membro Desde Apr 14, 2011
72 postagens
Aug 24, 2015 at 22:01
Membro Desde Apr 14, 2011
72 postagens
3xRetrace did not even last 4 full months. And they took off the link from sales page. This must be a lesson to potential buyers of GRID, MARTINGALE. Grid is bad enough but it is combined with outrageous martingale.
Never ever ever give up!!!
Membro Desde Oct 20, 2013
136 postagens
Aug 26, 2015 at 21:01
Membro Desde Oct 20, 2013
136 postagens
Not all grid traders are bad. I would not trade anything else
look at his https://www.myfxbook.com/members/FX_Hunter_net/fx-hunter-real/694954
It has been consistent for 3 years. The developer updates the strategies constantly. It was a close shave with the audnzd as it did make a drawdown of 69% but then he changed and revised that strategy and made it a lot more conservative with a max drawdown of 18%
Excellent Grid story and I am using it amongst other grid traders that I developed myslef
look at his https://www.myfxbook.com/members/FX_Hunter_net/fx-hunter-real/694954
It has been consistent for 3 years. The developer updates the strategies constantly. It was a close shave with the audnzd as it did make a drawdown of 69% but then he changed and revised that strategy and made it a lot more conservative with a max drawdown of 18%
Excellent Grid story and I am using it amongst other grid traders that I developed myslef
Time is Money
Membro Desde Nov 02, 2012
4 postagens
Sep 01, 2015 at 13:38
Membro Desde Nov 02, 2012
4 postagens
Not the last time a Martingale system blows an account. I've used demo accounts on this for years trying to come up with the magic formula.
The best I can come up with is make as much as you can over several weeks or a month, withdraw the profit and put it aside, make as much as you can again, withdraw, etc.
If you double the account take the profit, if the account blows then add back in what you had already taken out.
Not a very consistent approach to trading, risky as you can blow several accounts in very short succession when the market is crazy and then when you make long term profits the mind-greed takes over and you start to pushing the limits only to have it all taken away very quickly.
Still working on consistent approach to this strategy. I know there is one, just not sure of the rules ....... yet!
The best I can come up with is make as much as you can over several weeks or a month, withdraw the profit and put it aside, make as much as you can again, withdraw, etc.
If you double the account take the profit, if the account blows then add back in what you had already taken out.
Not a very consistent approach to trading, risky as you can blow several accounts in very short succession when the market is crazy and then when you make long term profits the mind-greed takes over and you start to pushing the limits only to have it all taken away very quickly.
Still working on consistent approach to this strategy. I know there is one, just not sure of the rules ....... yet!
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