Alvin-Trader v1.2 (By AlvinTrader)

The user has deleted this system.

Alvin-Trader v1.2 Discussion

Nov 16, 2015 at 17:28
1,927 Views
33 Replies
Member Since Nov 18, 2015   247 posts
Mar 22, 2016 at 07:09
wkc5657 posted:
The risks are real, but the EA is quite a good one, especially for the asking price. I have it running on a live account and also a demo account. The strange thing was that the EA blew up my demo account but live one is on a profit.

If you're damn unlucky and met with 6 consecutive losing trade, your account is up in smokes...but there's no perfect EA anyway...

So you say its 6x martingale. Then better keep the risk as low as possible..Does this EA ride the trends or catch the retracements?

how does it work?
Member Since Nov 12, 2009   272 posts
Mar 31, 2016 at 06:44
Is it better using a an ECN account with commission and lower spread?
Member Since Nov 06, 2015   91 posts
Mar 31, 2016 at 08:20
I got the robot yesterday.

I am running it on a real account and I got some trades already. the problem is these are different than the ones in the master. For example it just closed a buy EURUSD while I got a sell EURUSD that it is still open.

I would love to know the reason for these discrepancies.
Member Since Nov 18, 2015   247 posts
Apr 01, 2016 at 06:51
This EA seems too good to be true.. And the fact that Open Trades are hidden is a reason to be skeptical..
Member Since Jan 07, 2016   24 posts
Apr 01, 2016 at 07:17
jsantos3 posted:
Is it better using a an ECN account with commission and lower spread?

Up to you. If your account is small, my opinion is better use non ECN for the time being as the ECN commission charges can drown off your trading profit. This robot don't make large profits, most of the time less than 10 pips.
Member Since Jan 07, 2016   24 posts
Apr 01, 2016 at 07:19
Pablo51 posted:
I got the robot yesterday.

I am running it on a real account and I got some trades already. the problem is these are different than the ones in the master. For example it just closed a buy EURUSD while I got a sell EURUSD that it is still open.

I would love to know the reason for these discrepancies.

This robot is not taking signal from the master account. There will be times where your account will be taking positions that the master isn't.

There are a number of factors but better you write to the author for better clarifications.
Member Since Jan 07, 2016   24 posts
Apr 01, 2016 at 07:22
successwill posted:
This EA seems too good to be true.. And the fact that Open Trades are hidden is a reason to be skeptical..

Good to be skeptical, but it is still making me profits steadily and I'm happy with that. You can refer the historical trading records and his master account only showed a handful of a bad trades.

Risk is there and all robots do, but this one in my opinion is not scam. It is rather well written but I do have to stress that you may encounter a situation where your account might blew up. It happened to one of my demo accounts, but my real account is doing fine.
Member Since Jan 05, 2016   1189 posts
Apr 01, 2016 at 07:46
wkc5657 posted:
successwill posted:
This EA seems too good to be true.. And the fact that Open Trades are hidden is a reason to be skeptical..

Good to be skeptical, but it is still making me profits steadily and I'm happy with that. You can refer the historical trading records and his master account only showed a handful of a bad trades.

Risk is there and all robots do, but this one in my opinion is not scam. It is rather well written but I do have to stress that you may encounter a situation where your account might blew up. It happened to one of my demo accounts, but my real account is doing fine.


And then it blew up.....

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Oct 22, 2015   8 posts
Apr 01, 2016 at 07:52
Our account has been hacked and someone removed the system, we will open a new overview with a link to this page in near future.

Best regards AT team!
Member Since Nov 06, 2015   91 posts
Apr 01, 2016 at 10:41


And then it blew up.....


I do not believe so. There was a difficult moment with the GBPUSD this morning. I open even 5 orders but I just closed in profit.

I suppose the same happened with Alvin.
Member Since Jan 07, 2016   24 posts
Apr 01, 2016 at 14:36
Mine too still up, few losing trades but ended up with a profit.
Member Since Jan 05, 2016   1189 posts
Apr 01, 2016 at 22:00
And then it blew up.....

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Nov 18, 2015   247 posts
Apr 04, 2016 at 06:29
better to set the risk as lower as possible. i wonder if you have full control over the settings of this EA. For example i want it to open positions later than default with GBPUSD or sooner..Or i want it to get away with the loss rather than opening bigger lot positions to compensate the losing trade...
Member Since Oct 22, 2015   8 posts
Apr 04, 2016 at 08:30
Here we have restored the statistic:

https://www.myfxbook.com/members/AlvinTrader/alvin-trader-v13/1575217

Best regards AT team!
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