Channel Trader PRO (By channeltraderpro)

Gain : +2137.11%
Drawdown 33.68%
Pips: 2948.2
Trades 589
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

Channel Trader PRO Discussion

Jun 19, 2015 at 00:46
25,292 Views
391 Replies
Member Since Aug 12, 2011   104 posts
Oct 05, 2015 at 23:51
Ahmed808 posted:
Well, I didn't predict this move you smart!! because I am not the expert here!!

That's why - you full of brain - I paid 800 usd to this EA!! okey! and evensted lot's of lost money!!! and now huge DD!!!!

and I won almost 1200 usd and I lost 10,000, now you do the calculations!! and it might be with lost another 5000 usd!!!

You lost by EA. It's a classic. The naivety can be costly. The entity earning EA is always just a developer, because it is not liable for any losses caused by the product sold.
aleksander.polanski@
Member Since Apr 25, 2015   67 posts
Oct 06, 2015 at 03:30
It looks like this AUD trade lost momentum in the direction it was heading judging by the stochastic oscillator on the higher timeframes 4hour and daily. Soon it will be in the overbought area and it should start to come down which is good for us. I think it's gonna wind up to be a nice profitable trade

I'm seriously thinking of getting Dougs Swing Trader EA it's a manual system but looks very good and teaches you to trade manually. Is anyone here using it?
Member Since Jun 21, 2015   25 posts
Oct 06, 2015 at 10:53
Dionysus231 posted:
It looks like this AUD trade lost momentum in the direction it was heading judging by the stochastic oscillator on the higher timeframes 4hour and daily. Soon it will be in the overbought area and it should start to come down which is good for us. I think it's gonna wind up to be a nice profitable trade

I'm seriously thinking of getting Dougs Swing Trader EA it's a manual system but looks very good and teaches you to trade manually. Is anyone here using it?

I'm not as optimistic as you... with 140pips DD as I speak. With the recent lost of 200pips just a few weeks back, it really came to me as reliving the slow painful impending death sentence which eventually took place.

Not sure what happened to CTP, after it went on commercial. It's performance hasn't been the same as it did before it was live. Can the market really take a sudden turn, after 1 1/2 years of positive result?

Aanyway... fingers cross, hope AUDUSD can reverse 😭
Member Since Jan 03, 2015   36 posts
Oct 06, 2015 at 15:00
I hope this trend changes this week otherwise my account is pretty much blown.
This slow up trend is painful...
Member Since Mar 28, 2015   12 posts
Oct 06, 2015 at 15:01
People what's going on with this EA!!! huge DD and losses!!!

09.29.2015 21:59 AUDUSD Sell 4.53 0.69818 -6369.18 -140.60 -228.89 -4.36%
Total: 4.53 -$6369.18 -140.60 -228.89 -4.36%
Member Since Apr 20, 2012   134 posts
Oct 06, 2015 at 15:08
From my experience every EA has a End of life and this EA is close to that
Sooner or later market kills it be it this EA or Keltner or Revtrader Pro or Pivotal etc.
Manual is the best way to trade however most of us are full time employed and rely on piece of code to make some extra money for us which looks like a distant dream at least to me. After spending nearly 5 years on trying various EA my conclusion is better to trade only high volatility news manually which at least makes you something.
Anywyay tc and all the best
 
Member Since Aug 04, 2014   10 posts
Oct 07, 2015 at 06:22
If the D1 downward trendline doesn't hold, this trade is toast. Luckily the bullish EOD price action rejected off of it, but we will see how the position unfolds in the next couple of days.
Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing.
Member Since Aug 04, 2014   10 posts
Oct 07, 2015 at 06:34
Broke the trendline and tagged the SL.....ouch....
Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing.
Member Since Jan 03, 2015   36 posts
Oct 07, 2015 at 06:34
Dammit, SL hit. Sobbing on the inside now...
I bet the whole trend will change direction now.
Going to increase my SL to -220 pips for future trades.
Member Since Sep 04, 2013   33 posts
Oct 07, 2015 at 12:00
Dionysus231 posted:
I'm seriously thinking of getting Dougs Swing Trader EA it's a manual system but looks very good and teaches you to trade manually. Is anyone here using it?

Would like to try it also but it is not free... and the try out is too short ...
Would be nice if it could be available on a monthly membership basis and based on performance...
Would be also nice to get it at a cheaper rate for the ones that have already invested in the CTP and the VTP...
Member Since Jun 21, 2015   25 posts
Oct 07, 2015 at 12:45
webdude2000 posted:
Dammit, SL hit. Sobbing on the inside now...
I bet the whole trend will change direction now.
Going to increase my SL to -220 pips for future trades.

If you did, then it will hit you at -220pips.

Now I'm doubtful about the success of this product. 2 big DD... very painful...
Member Since Mar 28, 2015   12 posts
Oct 07, 2015 at 12:56
People, this EA Forex system made us lost huge amount of money with no or little returns.

Save and protect your money.

first before you buy this for 800 usd and 2nd to protect your hard working money in your account!!
Member Since Aug 20, 2011   588 posts
Oct 07, 2015 at 13:34
Ahmed808 posted:
People, this EA Forex system made us lost huge amount of money with no or little returns.

Save and protect your money.

first before you buy this for 800 usd and 2nd to protect your hard working money in your account!!
why a Scam? any proof?
its not because an EA suffer bad trades = scam!
the EA worked fine for months and can suffer loosing trade (which is good)
Member Since Jun 19, 2015   41 posts
Oct 07, 2015 at 15:59
people declare scam.. because they can't handle risk.

Anyway, market went on a rampant trend. Here's my solution, I'm adding a trend verification to Channel trader pro, it will automatically update for everyone.
forex_trader_58816
Member Since Jan 05, 2012   51 posts
Oct 07, 2015 at 16:03
I'm adding a trend verification to Channel trader pro.

Thank you Doug for looking out for your clients.
There are many of us who greatly appreciate it.
LL
Member Since Jun 19, 2015   41 posts
Oct 07, 2015 at 16:17
Thank you
Member Since Sep 15, 2014   37 posts
Oct 07, 2015 at 17:54
Doug is very honest and very good trader.I stoped forex,because of other bad signals and when i ask for refund i get my money in 2 days.Thank you
Member Since Apr 25, 2015   67 posts
Oct 07, 2015 at 18:14
That sounds good Doug. When do you think that feature will be added?
Member Since Jun 19, 2015   41 posts
Oct 07, 2015 at 18:27
I'm already working on it, hopefully within a day or two max.
Member Since Aug 20, 2011   588 posts
Oct 07, 2015 at 18:32
dont make too many changes, this can have bad effects. specialy if the current problem is a temporary problem caused by specific moves on the market... when the market will move normaly again (normaly for your EA for sure) then we'll miss a lot of opportunities or we'll have new bad trades...
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