EA with over 500% profit in first week

https://www.myfxbook.com/members/Master_Kiwa/scalping-kiwas-way/804483

 Please have a look at those stats. We have developed an EA which is able to catch engulf patterns with extreme entry accuracy. Please leave any questions or concerns over this EA. We estimate a total profit this month of 10,000%

why you hide your investment...im sure its not more than $100..you will be a millionaire within a month or simply ruin your account ...good luck

Money management is the key to success. By not showing the investment, it allows one to focus on what truly matters. The actual draw-down of the position which was opened. The lower your 'PIP-DRAWDOWN' the more accurate your position is. This way you spend almost no time in red, and you can simply trail stop your profit to your money management rules. 500% is 500% even if you deposited 15 usd. Were you even aware that one could have 'negative net-pip count' (-120 pips) but +% change. We don't need to know how many pips you gained, all we need to know is how accurate is your entry. That is what this account reveals.

Looks amazing, will you sell it? How much % is risked for each trade?

Your EA appropriate for USA traders? If yes, please let me know when you are ready to sell it. Thanks.

enjoy it nothing that good is ever disclosed to public

Hello all. Well no the Ea isnt for sale. It is still in the testing phase. The market last week was pretty one side so i assume that is why the ea worked well. Should we reach 5000% profit then we will make the EA avaiable so everyone can copy trade. As for US residents the Ea would work for you as well. Although US residents are limited to leverage that shouldnt effect the ea at all being that it has its own risk management bases on market conditiona. This ea has been created to wager on 6 different engulf patterns.

An EA that good for sale is a big mistake!

airborn_trading posted:
An EA that good for sale is a big mistake!

\

 Agreed, which is why once the goal is met this EA won't be for sell.

Beautiful trade result buh as you rightfully pointed out, the market condition was pretty one sided and EA need be tested over time. I do come to wonder what your back test results are like, however inaccurate i find that(back testing that is). And one thing came of notice to me, your trades averagely last 12mins? most closed within the first three mins, that i find pwety risky, you'd yet again as you rightfully noted, would need a nice money management policy as i believe your system trends after a breakout at the middle of a momentum and closes at the slightest leap back. In all, congrats in 'advance' for i believe it is too early to celebrate nor profile this. Happy Trading

GrandFS posted:
Beautiful trade result buh as you rightfully pointed out, the market condition was pretty one sided and EA need be tested over time. I do come to wonder what your back test results are like, however inaccurate i find that(back testing that is). And one thing came of notice to me, your trades averagely last 12mins? most closed within the first three mins, that i find pwety risky, you'd yet again as you rightfully noted, would need a nice money management policy as i believe your system trends after a breakout at the middle of a momentum and closes at the slightest leap back. In all, congrats in 'advance' for i believe it is too early to celebrate nor profile this. Happy Trading

 Thank you so much for showing interest in our trades. This EA has been designed to only scalp the market. Most of the positions which you have noted closes within 3 mins are the successful scalps. Being that our system is only set to identify certain engulfing patterns once those patterns are confirmed and the order placed we simply have to cover the spread which typically occurs within 60 seconds. Apart of the money management rules is to have a very tight stop loss once in green x amount of pips. Being that one never knows where the price will truly go, we have decided to trail tight for small pip profit, then hold out for the big return which are far and few. On avg every 3 pips profit is about 1% of our total account, where as our sl is about 6-12 pips. I am pretty sure that one may say the risk is to high, but your risk should be based on the formation which your trading. If that position has a higher probability of closing you in profit with a 1:1 R:R ratio then you take that trade. As you can see for the positions which we close in profit we end up risking 1 pip and gaining about 4.

 Note: This system is setup to catch market reversals on the 1m chart.

Master_Kiwa posted:

airborn_trading posted:
An EA that good for sale is a big mistake!

\

 Agreed, which is why once the goal is met this EA won't be for sell.

What goal and for who?
If you make 500% you actualy don't have to sell it.
Why would you sell if it works for you?
If you have knowledge about trading, it is easy for you to test and manage the robot, but not for a noob who buys and is new to the market.

Master_Kiwa posted:

airborn_trading posted:
An EA that good for sale is a big mistake!

\

 Agreed, which is why once the goal is met this EA won't be for sell.

I hope you will test it for a longer period, only march is to short.
What will the ea do if eur/jpy or eur/usd drops a 100 pips?
If it works on a longer period and produce 500% a month steady, then you could say it something good.
good luck with the ea. :-)

airborn_trading posted:

Master_Kiwa posted:

airborn_trading posted:
An EA that good for sale is a big mistake!

\

 Agreed, which is why once the goal is met this EA won't be for sell.

What goal and for who?
If you make 500% you actualy don't have to sell it.
Why would you sell if it works for you?
If you have knowledge about trading, it is easy for you to test and manage the robot, but not for a noob who buys and is new to the market.

 Well yes I would agree that only a week of trading is way to short of a sample, but I simply posted this system so the trades and be broken down.

airborn_trading posted:

Master_Kiwa posted:

airborn_trading posted:
An EA that good for sale is a big mistake!

\

 Agreed, which is why once the goal is met this EA won't be for sell.

I hope you will test it for a longer period, only march is to short.
What will the ea do if eur/jpy or eur/usd drops a 100 pips?
If it works on a longer period and produce 500% a month steady, then you could say it something good.
good luck with the ea. :-)

 As for this system it's a mixture of many different patterns of high probability trades on the 1m chart. So even if what ever pair drops 100 pips it won't effect the EA as the ea gets into positions before the breakout occurs. Almost right before. That is confirmed by the 'low-drawdown' This system will never get you 100 pips on a trade or even 50, but it can get you a 1:6 R:R with a very tight sl. That is what the scalpers are aiming for.

Master_Kiwa posted:

This EA has been designed to only scalp the market. Most of the positions which you have noted closes within 3 mins are the successful scalps. Being that our system is only set to identify certain engulfing patterns once those patterns are confirmed and the order placed we simply have to cover the spread which typically occurs within 60 seconds.

Very nice performance. You may set to identify the medium and long term engulfing patterns because the engulfing patterns are very good: https://www.myfxbook.com/community/experienced-traders/c%E1%BB%99ng-%C4%91%E1%BB%93ng-vi%E1%BB%87t-traders/717962,5

ProTradersGroup posted:

Master_Kiwa posted:

 Thank you so much for showing interest in our trades. This EA has been designed to only scalp the market. Most of the positions which you have noted closes within 3 mins are the successful scalps. Being that our system is only set to identify certain engulfing patterns once those patterns are confirmed and the order placed we simply have to cover the spread which typically occurs within 60 seconds. Apart of the money management rules is to have a very tight stop loss once in green x amount of pips. Being that one never knows where the price will truly go, we have decided to trail tight for small pip profit, then hold out for the big return which are far and few. On avg every 3 pips profit is about 1% of our total account, where as our sl is about 6-12 pips. I am pretty sure that one may say the risk is to high, but your risk should be based on the formation which your trading. If that position has a higher probability of closing you in profit with a 1:1 R:R ratio then you take that trade. As you can see for the positions which we close in profit we end up risking 1 pip and gaining about 4.

 Note: This system is setup to catch market reversals on the 1m chart.

It's quite understandable now how it works(scalping on 1mins), and built in generic algorithm to monitor traded pairs on tight leash. That's good, and i do understand every trade system as it's own rules or should on money management. The question no denials i think lies in everyone should be : how long would this stay profitable? I guess we'd all have to wait and see right? Sure you are going to keep us all up to date? Well nice and pwety spot on. I mean regardless of how long your trade system last in open orders and what timeFrame it trades, the major goal in FX trade is 'less risk more profit' and so far your system as been able to achieve that. That only is B.E.A.Utiful

There are just couple of trades and pips
Let's wait for couple of months:)

togr posted:
There are just couple of trades and pips
Let's wait for couple of months:)

True, and only first trades was successful.