Best Scalper (By forexgermany )
Gain : | +1713.7% |
Drawdown | 59.72% |
Pips: | 3627.9 |
Trades | 3655 |
Won: |
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Lost: |
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Type: | Real |
Leverage: | 1:500 |
Trading: | Automated |
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Gerard Ngawati
(slpanda)
Member Since Jul 31, 2017
38 posts
Jan 23 2019 at 07:40
I used to think this was one of the best strategies on myfxbook. Sometimes I wonder if the successful strategies here are simply just lucky. All the ones that do not succeed simply would be deleted. But this system compared to a lot is still pretty good. Saying that my faith in forex as a long term investment is not that high. Overtime 4 years plus it appears that all strategies eventually go into large drawdown.
the new version has been online, you can upgrade to ver 23.
as you know the hard year in 2018 year, most market situation was so bad , due to BEXIT and abnormal world market economy issue, but we are still alive, not like other strategy go to dead.
as you know the hard year in 2018 year, most market situation was so bad , due to BEXIT and abnormal world market economy issue, but we are still alive, not like other strategy go to dead.
the MT5 BS version has better than MT4 because MT5 market liquidity is more activity, good price stream.
Donald Betcher
(DonaldB)
Member Since Jan 14, 2017
38 posts
Jan 23 2019 at 11:34
EOSFX posted:
the new version has been online, you can upgrade to ver 23.
as you know the hard year in 2018 year, most market situation was so bad , due to BEXIT and abnormal world market economy issue, but we are still alive, not like other strategy go to dead.
And you are completely right. No matter if you have a temporarily loses. The main thing - you are still in the game!
The problem is that EA is good for small accounts only.
Surrealistik
Member Since Apr 28, 2012
231 posts
Jan 23 2019 at 11:39
@RoboFX123 How small?
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LongVision
Member Since Apr 06, 2018
254 posts
Jan 29 2019 at 07:32
slpanda posted:
I used to think this was one of the best strategies on myfxbook. Sometimes I wonder if the successful strategies here are simply just lucky. All the ones that do not succeed simply would be deleted. But this system compared to a lot is still pretty good. Saying that my faith in forex as a long term investment is not that high. Overtime 4 years plus it appears that all strategies eventually go into large drawdown.
Night scalper is a profitable strategy. Best Scalper trade only major pair EURUSD/GBPUSD. But from my experience Night scalpers best suited for cross currency pair. If this EA also trade cross then there may be low volatility and better return on capital.
The market will trade through it’s path of least resistance .
forexgermany
Member Since Oct 04, 2010
146 posts
Feb 06 2019 at 21:51
The account was upgraded to version 2.3 running the new set files last weekend.
Surrealistik
Member Since Apr 28, 2012
231 posts
Mar 28 2019 at 08:54
@forexgermany Did you suspend trading on the 27th in light of the Brexit vote?
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forexgermany
Member Since Oct 04, 2010
146 posts
Mar 28 2019 at 11:09
Nope.
Surrealistik
Member Since Apr 28, 2012
231 posts
Mar 28 2019 at 17:44
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@forexgermany I see your latest trades have different open trade than usual, is there any change on the setfile? If so, what changes are they? Do you mind to share the setfile?
Thanks a lot.
Thanks a lot.
forexgermany
Member Since Oct 04, 2010
146 posts
Dec 10 2019 at 20:08
That wasn't intended - just the old auto EST offset bug (-6 instead of +7).
Surrealistik
Member Since Apr 28, 2012
231 posts
Dec 12 2019 at 22:32
Best Scalper looks like it just opened a bugged position: a killer sell order with no stop loss and no TP which is completely uncharacteristic of the EA during the UK election.
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the price move up too fast then SL the order, the EA did not give the SL or market have passed the SL price , for example, the market did not provide any point price to SL, so the broker give you worst price to close the position.
It is same as with GBPAvenger, Wave Scalper or EOS. Every time you get something so you lose anyway. Not good for long runs.
Note: All belong to the same seller.
Note: All belong to the same seller.
Surrealistik
Member Since Apr 28, 2012
231 posts
Dec 15 2019 at 21:55
@Afron to be fair, the EA is still profitable over time per @forexgermany 's account, even with this factored in.
Having said that though, I advised the maker of the EA to feature a check on positions for their TPs/SLs, and if there are none, to either set the appropriate TP/SL, or close the position if the gain or loss would trigger the TP/SL normally.
Hopefully we'll see a patch/update soon.
Having said that though, I advised the maker of the EA to feature a check on positions for their TPs/SLs, and if there are none, to either set the appropriate TP/SL, or close the position if the gain or loss would trigger the TP/SL normally.
Hopefully we'll see a patch/update soon.
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