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AutobreakoutPRO High Accuracy - Real (By autobreakoutpro )

The user has deleted this system.

AutobreakoutPRO High Accuracy - Real Discussion

autobreakoutpro (mark16)
Apr 27 2016 at 18:42
12 posts
for more information about my ea https://autobreakoutpro.com . noting special.....😁
autobreakoutpro (mark16)
Apr 27 2016 at 19:09
12 posts
Ozzie Matt (aeronthomas)
Apr 27 2016 at 22:11
1557 posts
looks interesting obviously very very short history, but will follow this one. Do you have running on any regulated brokers, Payforex is a well known unregulated scam broker. something like Ic Markets, Pepperstone, FxPro, global prime etc?
Ozzie Matt (aeronthomas)
Apr 27 2016 at 22:23
1557 posts
I notice all trades gained 60 pips, so thought okay you have set a take profit of 60 pips in the EA, but then I see some trades reach max gain of 70-80 pips, but still closed at 60 pips. Can you please explain, and also is there a fixed stop loss? cheers
autobreakoutpro (mark16)
Apr 28 2016 at 05:27
12 posts
aeronthomas posted:
looks interesting obviously very very short history, but will follow this one. Do you have running on any regulated brokers, Payforex is a well known unregulated scam broker. something like Ic Markets, Pepperstone, FxPro, global prime etc?

looking for the best broker is the most difficult. regulation of broker does not guarantee.my account was disabled in one of the broker that you mention .😁 after I got a big profit in 2x news release. my account was disable .. damn...
I tested at some brokers with low deposit funds and withdraw it ,when it works good and success withdraw ,next I deposit with high balances.
Now the important thing for me is choose to broker with good for my ea and success to withdraw my profit.
success withdraw is number #1

mark
fhhamoud
Apr 28 2016 at 06:34
105 posts
rangerfx (forexwitchcraft)
Apr 28 2016 at 06:34
3 posts
wow..look amazing..
Ozzie Matt (aeronthomas)
Apr 28 2016 at 06:48
1557 posts
I don't believe that any of those 4 brokers mentioned would disable your account for profiting on news releases (they may for illegal arbitrage) I have traded with all and made huge gains over news releases and never had my account disabled. They are regulated by ASIC and or FCA, the most stringent regulations in the world, they don't lose money when you gain money, as they hedge your trades, they aren't money maker brokers like payforex. Also you never answer question around Stop Loss? what is it, there is none displaying in history which is very concerning... also if it's a fixed TP of 60 pips, how come trades reached 70-80 pips? can you please explain. thanks.
Ozzie Matt (aeronthomas)
Apr 28 2016 at 06:49
1557 posts
I will keep following to see if you can get it working on a reputable regulated broker, these are the only types of brokers I use and recommend.
autobreakoutpro (mark16)
Apr 28 2016 at 07:16
12 posts
aeronthomas posted:
I don't believe that any of those 4 brokers mentioned would disable your account for profiting on news releases (they may for illegal arbitrage) I have traded with all and made huge gains over news releases and never had my account disabled. They are regulated by ASIC and or FCA, the most stringent regulations in the world, they don't lose money when you gain money, as they hedge your trades, they aren't money maker brokers like payforex. Also you never answer question around Stop Loss? what is it, there is none displaying in history which is very concerning... also if it's a fixed TP of 60 pips, how come trades reached 70-80 pips? can you please explain. thanks.

I am not always online here please discuss via email
this is my email [email protected]

thanks
mark
Ozzie Matt (aeronthomas)
Apr 28 2016 at 07:29
1557 posts
You had read the comment above, you could have responded to the questions as you have read them. What you will find is that most people who see your system on here will want questions answered on here, so that everyone benefits from the answer and increases their understanding of your system. Via email not everyone will be able to see the response...
FxMasterGuru (FxMasterGuru)
Apr 29 2016 at 02:14
1608 posts
Two major red flags:

1. Broker with low reputation, i.e. broker can easily 'handcraft' verified live results.
2. Consistent 60.0 pips profits without even +/- 0.1 pip deviations in rapdily moving markets; suspiciously strange round numbers.

Just read this thread on ForexFactory: https://www.forexfactory.com/showthread.php?t=588456
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
johntrung
Apr 29 2016 at 02:33
494 posts
I bought this EA from mark16.
+The purchase is through Paypal --
+ The EA was delivered with manual after the purchase , you will need to provide your account number for activation though
+ The EA lives up to its name which is applying breakout strategy.
+Performance since yesterday : 6 trades, 4 losses vs 2 wins. I'm still in negative.

Too soon to make any judgement but at least the vendor is honest. Besides, this EA is not broker sensitive, I'm using it at Pepperstone. Will update end of next week
There will always some good opportunities , just don't give up
Ozzie Matt (aeronthomas)
Apr 29 2016 at 03:01
1557 posts
Look forward to hearing of your experience John over time, good to know you have running on a regulated broker like Pepperstone. I assume the 2 wins were for 60 pips exactly no slippage or a 0.1 pip or 0.2 pip difference? Also does it set a Stop Loss on trades (hard or a hidden internal Stop Loss?). If yes, what's the SL? cheers Ozzie
Ozzie Matt (aeronthomas)
Apr 29 2016 at 03:06
1557 posts
Hopefully the vendor keeps account upto date, it's been 19 hours now since an update? you would think they would have on a VPS, so updating every 15 minutes... this then can more accurately reflect intraday drawdown in fast moving markets, if you update to myfxbook less frequently you can lower your intraday drawdown figure... not say this is what is happening, but I do prefer systems updating frequently. Also better for purchasers who can then compare their trades in more or less real time...
FxMasterGuru (FxMasterGuru)
Apr 29 2016 at 03:18
1608 posts
johntrung posted:
I bought this EA from mark16.
+The purchase is through Paypal --
+ The EA was delivered with manual after the purchase , you will need to provide your account number for activation though
+ The EA lives up to its name which is applying breakout strategy.
+Performance since yesterday : 6 trades, 4 losses vs 2 wins. I'm still in negative.

Too soon to make any judgement but at least the vendor is honest. Besides, this EA is not broker sensitive, I'm using it at Pepperstone. Will update end of next week

Brave man...! How much did you pay for it (if I may ask)?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
johntrung
Apr 29 2016 at 03:26
494 posts
The vendor's account should show a few losses like mine. The EA will automatically adjust SL when the trades are in profit.That is why 60 pips are not always hit
There will always some good opportunities , just don't give up
FxMasterGuru (FxMasterGuru)
Apr 29 2016 at 03:28
1608 posts
johntrung posted:
The vendor's account should show a few losses like mine. The EA will automatically adjust SL when the trades are in profit.That is why 60 pips are not always hit

Until now the vendor's account shows ZERO losses, so it will be interesting to see the update on the master account.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Ozzie Matt (aeronthomas)
Apr 29 2016 at 03:51
1557 posts
johntrung posted:
The vendor's account should show a few losses like mine. The EA will automatically adjust SL when the trades are in profit.That is why 60 pips are not always hit
interesting as on the vendor's account all trades have been exactly 60 pips profit, and no losses yet so that's why I wondered if it's one of those systems with huge SL sets like 400-600 pips with a wait and pray approach when price goes against you... cheers Did you mean the Take Profit is not set from the start?, i.e. that's how trades reached a higher of 70-80 pips on here but closed for exactly 60 pips, i.e. the TP was added to the trade after certain conditions, i.e. some trades could close for their next level of TP, unknown at this stage what that could be, TP100. hopefully vendor can post the manual here so we can get a better understanding of the strategy before considering purchase. cheers
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