Febonacci Forex Robot V 2.5.2 Discussion

This account is running the same Febonacci Forex robot for quite long time during testing of the robot, but it was running with old version of our robot V.2.5.1. Today we have applied the new version V.2.5.2 to this account. Let's see.

If anyone interested, he can contact us to our email '[email protected]'

If anyone is interested to subscribe to the signals of this system, then make a comment here in this system thread. If at least 50 traders will show interest in this system to copy the trades, then we will make it available in signalstart.

The reason 50 is because many traders might have multiple myfxbook accounts just to post comments and many of them simply may join and leave the signals after few days. So we don't want to waste our time and money in joining signalstart.

So once 50 comments from 50 serious traders will be here in this thread showing interest to copy trades of this system, we will make it available in signalstart.

@leo23 Besides Signalstart, you may find it of benefit to open a MAM account with a broker and work on a profit share basis rather than a signal subscription basis. Trading like this will easy attract lots of capital and you can retire in a years time!

If you dont mind can you please verify your account to show that these statistics are accurate and true?

Thanks

@leo23 That certainly does sound strange! I have worked in various Dealing departments of brokers in the past as a Dealer and MT4 administrator, and I can assure you that no one can do anything if they have your investor password, so I find your claims a bit wild and without offence foolish.

If you could verify your trade results I would be more than happy to join a MAM or PAMM of yours.

@L3CAP
You might be knowing about mt4 and mt4 broker dealers, but probably you know or don't know that once a mt4 account is accessed through either investor password or login password, the last login IP is detected and once someone gets the IP address of a VPS, he can do almost anything if he is good enough in technical knowledge of computers and networking.

We don't want to stretch on this point, because it doesn't have any value for now, because we are trying to find out the cause of the mt4 problems by monitoring few account performances and this account is one of them and hence, we don't want to take any kind of risk to this particular account. Also, as we said we may publish few more verified accounts in future if everything will be okay.

By the way, we don't offer any PAMM or MAM service to now and we are focusing on making money in our own accounts only which is enough for now. It is just an additional offer for signal service to others if people will be interested.

For those who want to use the system and those who are using the system, here is a list of key features of the robot:

1.The robot uses key febonacci levels for trade entries and redraws the levels automatically on price level change or trend change.
2.It exits the trades based on stoploss, trailing stop or by trend exit
3.It can be used in any number of currency pairs.
4.It can be used in any timeframe since it is based on Febonacci levels. It can be used in higher timeframe as a day trader or it can be used in lower timeframe as a scalper
5.It uses both hard stoploss as well as hidden stoploss and both can be adjusted from the input settings of the ea
6.It uses a built in spread checker to avoid trading during high spread
7.All the febonacci levels are drawn on the mt4 chart as well as values are displayed on the chart

If you create a Darwin at Darwinex broker using this robot I will be happy to invest in it. With Darwinex you can import previous history and trades are public with 3-day delay on the web only.

Aimak posted:
If you create a Darwin at Darwinex broker using this robot I will be happy to invest in it. With Darwinex you can import previous history and trades are public with 3-day delay on the web only.

We just had a quick look on that broker's website and we couldn't find anything significant in that broker compared to other popular brokers.

Regarding history of trades, it has nothing to do with broker. It is myfxbook settings and we have kept everything private.

leo23 posted:
We just had a quick look on that broker's website and we couldn't find anything significant in that broker compared to other popular brokers.

Regarding history of trades, it has nothing to do with broker. It is myfxbook settings and we have kept everything private.

Why kept everything private? Don't you want to sell a robot? Just only dumb people will invest in something that ack of information.

Aimak posted:
If you are truly serious to create a business with your trading, the following webminar will give you basic info about Darwinex and their exchange of trading systems (aka Darwins).



Good luck.

We checked your profile and all most all the posts are about darwinfx. Are you an affiliate with Darwinfx broker?

MutenRoshi posted:

leo23 posted:
We just had a quick look on that broker's website and we couldn't find anything significant in that broker compared to other popular brokers.

Regarding history of trades, it has nothing to do with broker. It is myfxbook settings and we have kept everything private.

Why kept everything private? Don't you want to sell a robot? Just only dumb people will invest in something that ack of information.

Note that buying the EA is an option for traders to use our system, but selling is not the only option for us to make money. We are traders and make money by trading and not by selling our EA.

So you are somewhat correct in saying that 'We don't want to sell our robot'.

Someone has to decide on investing in our system based on the information available to public. If someone is too smart enough, then he should not waste time in searching for a EA or system, he should be able to trade by himself to make money.

Not all my post are related to Darwinex. Anyway, I am not affiliated with Darwinex, just a happy customer that wants to see good traders offering new Darwins for all to profit. If you are interested to open an account with Darwinex you are on your own.

Aimak posted:
Not all my post are related to Darwinex. Anyway, I am not affiliated with Darwinex, just a happy customer that wants to see good traders offering new Darwins for all to profit. If you are interested to open an account with Darwinex you are on your own.

We may look into this broker in details in future.

For now there are plenty of other options for reliable brokers like Pepperstone, IC Markets, Axitrader, FxChoice, Oanda etc.

Few settings Update:
*****************
1.TimeFrame to run the EA has been changed from H1 to M15.
2.StopLoss is set as 10 Pips.
3.Takeprofit is set as 30 Pips.
4.Trailing stop is ignored by setting it to very high value so that all orders will be closed only by stoploss, takeprofit or trend change.

The EA users can manually set the settings in the EA or they can contact our support to get the latest .set file.

IT free EA or for Sell ?

Trading using the Febonacci levels works great in an average trending market where the price bounces back most of the times on key febonacci levels before continuing with the trend. That is exactly our Ea is based upon.

So many times it looks very nice to watch the price move on chart when the price moves exactly from the key febonacci levels without much retracements or drawdowns.

The EA can easily handle the major news events since it uses both static as well as dynamic stoploss.

Also, using Febonacci EA can be a great tool to trade as a scalper in small timeframe in small price ranges. But the spread of the currency pairs should be very low to make profit, otherwise, spread eats all profits.

expert2 posted:
IT free EA or for Sell ?

for sell

only dishonest sellers don't want to verify their accounts. YOu can blah blah blah about how good your product is but nobody trust you if you are so shady

@scambuster
You have no business here in our thread. Looking into your profile name and profile having no system in profile and you created this myfxbook profile to comment and criticise other systems and most probably you are having another myfxbook profile to sell your own products.

So you should better try some other tactics to sell your products not by commenting on other threads. We don't need your trust and we don't want you to buy our EA. .

This account will not be verified as mentioned in previous posts.