Hmm.... It indeed trades without any stoploss, and he just added another 500 deposit just minutes ago to keep it from margin calling. I expected more from this developer as he had so much enthu and was so energetic in the early stages when we were discussing Forex Identity. Now he just ignores all e-mail requests and just tells people to hop on to bitcoin just to fulfill his NO REFUND POLICY.
If you are releasing such an EA that could potentially wipe accounts, of course you'd want NO REFUNDs on it.
I'd still appreciate if you would clear yourself up on this.
I have no idea why he's gone down this path, but I'm pretty sure his only concern is $$ sales thru EA in his bank, and not trading.
I think he is trading to the limits of this EA. But seriously, even if you divide the risk with 4 the profits are still ridicillously big. That is a good way to lower drawdown. But I will test this after I have this. Everything what I've discussed with the developer, I think he is a very talented and good vendor.
Hi villus, I do agree that he's quite a developer and probably trader, it probably got to me that he's ignoring my emails and Skype requests. I've bought identity back in November but has never used it yet because I still thinks that there's gonna be better improvements. He's said to wait for January for the new releases and I've waited all this while in good faith. Still I do not find Identity to my liking, but that is another story for another time. I still believe he has the skills and knowledge to get things right with it.
For this super Renko scalper, I'm putting renewed faith seeing the extraordinary returns, but I'll prefer get more information on it. Secondly, I've to spend about 160Usd in my country to get that 8 Bitcoins and wait a week for the transaction to go thru. Despite mailing him requests for alternatives, I've been working my way to getting those Bitcoins and hopefully secure this EA as part of my folio.
I also notice that the only way to find out more information regarding is Renko Scalper is to purchase it, as there isn't much technical information regarding the EA on the site. But the purchase process is what is bothering me, It's not the price, it's the process and difficulty in securing it. And least to say no support from Will.
I like Bitcoin because it is based on true Supply and Demand and I'm also heavily invested in bitcoin. Selling Software allows me to acquire more without the merchant fees associated with regnow, or click2sell.
@PureLife - My account bal was 800 and Equity at 400 at 1 point ( 50% DD ). I didn't need more funds to stay alive but having extra funds allows me to not worry about the account. I've been extremely busy today and I haven't had time to do much monitoring. I turned off the EJ Shorts right before the huge spike on JPY, then I just checked the account a few times in the last hours to adjust the lotsize. I wasn't using a trend filter, which I should have. I wasn't expecting a massive retrace but only some choppy action for the rest of the week. That wasn't the case. If I haven't responded on skype, it probably means I have way too many PMs and I'll do it when I can. I sent out an email blast yesterday that summed up all the questions about ERS therefore I didn't respond to any direct emails. Check your spam folder, as It may have ended up in there from all the External Links. Also for Singapore Bitcoins - --> https://www.sgitcoin.com/
As Far as Forex Identity I think the latest setting and version is doing very well. -https://www.myfxbook.com/members/pipinvestmentbot/forex-identity-x9-tf/460753 I can't ask for anymore from a Margrid system. I've tried all the Hedging Theories through out December even your idea Alan. However, in a Backtest, results were never a good confirmation. The best idea is running several Logics on the same currency pair. like have 3 EURUSD charts all with different setting therefore the Basket Levels are skewed.
If you have any questions about the scalper, please ask through PM. I'd like to keep the setting + Manual private.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.