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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

alimertin172
Jul 23 2015 at 21:37
61 posts
I wrote doug he will solve it ı believe.
alimertin172
Jul 25 2015 at 19:22
61 posts
I am a member of CTP and client OF doug price since friday morning he sent me paypal.com link and i purchased Ctp sure i set it on my EA and get My id number. But when i login in members area . i can only see one to one trading coach education issues and i need a trade copying way and waiting for it , Doug Please help me and describe how can i copy your trades or send me a link ))) Have a restful and comfortable weekend Captain Price and Yours sincerely ,
channeltraderpro
Jul 26 2015 at 00:40
41 posts
alimertin172 posted:
I am a member of CTP and client OF doug price since friday morning he sent me paypal.com link and i purchased Ctp sure i set it on my EA and get My id number. But when i login in members area . i can only see one to one trading coach education issues and i need a trade copying way and waiting for it , Doug Please help me and describe how can i copy your trades or send me a link ))) Have a restful and comfortable weekend Captain Price and Yours sincerely ,

Scroll down further, download link is there. Everything is in members area, please email me for support, I don't actively watch here and provide support here.
swolf02
Jul 27 2015 at 06:54
6 posts
Just a general observation of the few decent few losses CTP has had since it started. Twice after the 4th July weekend, one on Christmas Eve and one that was at the same time of a FOMC meeting. Would it be of any benefit to switch off the EA during times of lower trading volume around US market holidays and the unpredictability of the market's reaction to FOMC details to err on the side of caution? Is CTPs coding and parameters ever adjusted as market conditions change or is it set permanently?
koerthis
Jul 28 2015 at 12:38
4 posts
Hello

A question which risk management is be used for this demo account?
I see that the Lot sizes are always risen up to 05/14/2015.
Thereafter, the Lot sizes are smaller again.
What have you changed on 05/14/2015?
alimertin172
Jul 30 2015 at 07:11
61 posts
WHAT happened ? dear does your 200 pips stop-loss and more than 24 hours PATİENCE strategy changed ? ,it seems interesting for EUR/JPY trade -out yesterday evening :)) 😄 is it about EA or Market price movement
swolf02
Jul 30 2015 at 07:42
6 posts
I turned the EA off 24hrs before the FOMC meeting as I noticed that a previous big loss happened around an FOMC meeting. Glad I did as I can't see the AUD rallying from this point. Q1 US GDP figures are probably due to be revised upwards tonight. Hopefully I'm wrong, but I see another 200 pip stop-loss for the current AUD/USD buy trade.
alimertin172
Jul 30 2015 at 09:23
61 posts
ardikabaskarafx ARE YOU DOUG PRİCE ASİSTANT WHO ARE YOU ? this a very nice HUNTER strategy and patience needed. also you gain 1 million usd in some years I HOPE MORE in this STRATEGY,... SOME STUPİD PEOPLE SAY 500 DOLLAR CAN NOT BECOME 1 MİLLİON THEY ARE GAMBLER AND LİARS .patience and risk management is needed 1 to 4 years :))
alimertin172
Jul 30 2015 at 09:32
61 posts
if you put a risk with more than %10-20 and a losin under %90 strategy you lose. if you take %10-20 risk with over %90 winning startegy you win 50 to 100 times a year.so trade is for living nor for hobby or being famous being best trader and having many rich clients and members. TRADE is for MONEY making . I am fed out with childish egos blaming pro-signal EA's HERE. AMATEUR signals are more than %95-98 maybe here and all web sites but %2- 5 are in pro area EA ı meant and channel pro trader a legend and will make more money to its followers.
Preeda76
Jul 30 2015 at 11:41
34 posts
swolf02 posted:
I turned the EA off 24hrs before the FOMC meeting as I noticed that a previous big loss happened around an FOMC meeting. Glad I did as I can't see the AUD rallying from this point. Q1 US GDP figures are probably due to be revised upwards tonight. Hopefully I'm wrong, but I see another 200 pip stop-loss for the current AUD/USD buy trade.

I got SL 110 pips from VTP last trade.

I got SL 200 pips from CTP previous big loss.

Wait to see, I will get SL again?
Preeda76
Jul 30 2015 at 11:44
34 posts
ardikabaskarafx posted:
Our EA makes realistic profits from 100-500% monthly, no hype and Demo trading, only Real accounts. Check myfxbook to make sure!

Now, not true for me.
Rob Scelfo (Dionysus231)
Jul 31 2015 at 05:59
67 posts
For those using vortex and channel trader for a while now. Have you seen a trade down by -60 or -70 pips and then come back and be profitable trade? It seems rare

I'm just wondering if it would serve me better to put in a 60 or 70 pip custom stop loss in the settings. The problem is I just have no way of testing my idea because we can't backrest a trade copier. I wish Doug would give us two licenses so I can run one on a real live account and one on a demo account to test different settings since I can only forward test. I don't want to test on a live account.

What do you guys think? I'm only using it a month and I've seen two trades go past -50 pips and hit stoploss and only one that has been down -45 pips and come back and be profitable. There is still an open trade on channel down -45 pips and was as low as -65 pips. I closed it out already on my account because it looked like a buy order on a serious downtrend in the aud.

I wish Doug would backtest smaller stop losses like 50 60 and 70 pips and see what the effect would be on profit. If it doesn't decrease profit substantially but substantially decreases risk and exposure it would be worth doing. I have no way of finding out.
alimertin172
Jul 31 2015 at 06:08
61 posts
DEAR ROB , YOUA RE TOTALLY WRONG MAYBE OUT OF 400 TRADES channel had 100 trades are pull backs from MİNUS 50 TO 130 PİPS AREA İT İS REAL LİFE PLUS , cos you do not look the trade carrying days %15 trades also more then 1 day there are trades up to 2-3-4 weeks waited to hit the profit. so NOT RARE situation .YOUR REVİEW İS unfortunately wrong and misleading . İT İS NOT A 1 MİNUTE 5 HOUR SCALPER EA . you have to udnerstand 1-2-3-4 day movements are key in this EA which can exceed considerably over 20-40 pips up to 130 pips in my understanding . more than 130 pips -150 pips area you can say RARE YES ı agree with you in this range. FRİEND it is just pure math and trade elasticity. never ever fear about it. !!!
Rob Scelfo (Dionysus231)
Jul 31 2015 at 08:11
67 posts
Thank you alimertin. For your honesty and for telling me what I needed to hear about the history. For us new guys all we can see in history is the closed winning trade. We can't see how far it may have been down before it got there.
alimertin172
Jul 31 2015 at 08:41
61 posts
ı am a modest client like you. I learnt DOUG s systems REV,VORTEX AND CHANNEL here, more than 1 week ı observed all details about these systems at janurary 2015 before ı lost many thousand dollars in FUTURE OPTİON STOCKS AND last month with other systems ı can say ı am a middle weight investor .AND all ı can say ı am not advertising DOUG .. if a system with 400 trades and 14 months has only less than %3-4 monthly drawdown and 28 times gain ,decresing risk and %97-99 that is far impressive like ROB s idea ANYUNE CAN MİNİMİze and test STOP LOSS LEVELS to 110-150 pips but this may drop system winning rate to %90 winner or less maybe %87-88 and gain profits may decrease with percentage of total pips decreasing .
also anyone can claim in 2-4 years VROTEX AND CHANNEL tarder win ratio may drop under %85 level and annual gain becoming impossible. BUT scientifically it is not that easy yes there is a possibility but it is not easy .
so you see ı am not %100 optimistic about any system and %100 sure about future .but TRADE İS LİFE .no guarantee we have .just numbers ...😄
alimertin172
Jul 31 2015 at 17:44
61 posts
you see today we go from +15 pips to -164 pips again now to -57 pips and coming back to profit .. it is REAL LİFE AND many hate this kind of swings in forex :)))) ı do not hate it is REAL LİFE 😄😄😄
alimertin172
Jul 31 2015 at 17:44
61 posts
MAYBE you do not take weekend risk and go out , it is your choice :))
alimertin172
Jul 31 2015 at 17:54
61 posts
BY the way doug price SEEMS TO be a time traveler and he probably might come here from 25. century . how can a man KNOW THİS piece of shit in this accuracy ı do not know 😁😁😁 if ı make a million here ı will write a script independent a SCİ FİCTİON MOVİE ABOUT FOREX MAGİCİANS .hero will be doug price for sure :)
WIN (ozboy)
Jul 31 2015 at 20:17
29 posts
Current DD and margin is too risky keep AUDUSD and EURJPY for today trades.
Unfortunately, we have good reports on Euro today.
djbenny1
Aug 04 2015 at 09:58
7 posts
Morning folks I have now bought CTP and it's set up on a VPS I just bought.

What %DD do you have set in MT4? Default is 50%?
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