Forex Envy modified (By vortex6)
| Gain : | +123.66% |
| Drawdown | 67.45% |
| Pips: | -9298.6 |
| Trades | 8501 |
| Won: |
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| Lost: |
|
| Type: | Real |
| Leverage: | 1:500 |
| Trading: | Automated |
Forex Envy modified Discussion
Mar 22, 2013 at 15:56
610 Views
8 Replies
forex_trader_145891
Member Since Aug 24, 2013
9 posts
Sep 01, 2013 at 18:33
Lovely Work
can we speak about it?
best regards
Pierre
can we speak about it?
best regards
Pierre
Sep 04, 2013 at 06:10
Sure, what would you like to know? I had to take a hit the past 24 hours because for some reason this EA is no longer trading correctly using 4 digit forex quotes. It just kept opening up multiple trades almost every minute and just got lucky to catch it and closed them out for a loss. After lots of testing I moved everything over to 5 digit quotes and it seems to be taking trades normal again. This leads me to think that something changed on my broker because I had been running this for months and then all of a sudden it stopped working properly and on multiple accounts too. Ask any questions you want.
Member Since Dec 22, 2011
18 posts
Oct 07, 2013 at 12:52
Whta mode did you use? LV,HV or Power. Thanks.
forex_trader_110458
Member Since Feb 03, 2013
21 posts
Oct 08, 2013 at 10:04
vortex6 posted:
Sure, what would you like to know? I had to take a hit the past 24 hours because for some reason this EA is no longer trading correctly using 4 digit forex quotes. It just kept opening up multiple trades almost every minute and just got lucky to catch it and closed them out for a loss.
After lots of testing I moved everything over to 5 digit quotes and it seems to be taking trades normal again.
This leads me to think that something changed on my broker because I had been running this for months and then all of a sudden it stopped working properly and on multiple accounts too. Ask any questions you want.
The broker can change the 4 digit price feed to 5 digit price feed without a MT4 restart and the problems starts there.
All indicators and expert advisors get init() when we drag and drop onto our charts. This only happens once and most coders only set the 'Special Sauce' to check the brokers data feed on init().
We experienced the same corky situation as @vortex6 with our RC Channel indicator lastweek, we concur.
Oct 17, 2013 at 14:23
iamfxfapturbo posted:
Whta mode did you use? LV,HV or Power. Thanks.
It's not really any of those. I've come up with a combination of all 3 plus custom multipliers in order to keep my drawdown lower. I don't make as much per month but I feel the account is safer. I also use my own money management rules and do intervene at times. I would say its 90% automated.
Oct 24, 2013 at 21:15
Looks like myfxbook has stopped reporting for this account. This happened on another account last week. I know how to fix it and will take care of it his weekend. I don't like to mess with stuff through the week especially if everything is working except the reporting. No, the account hasn't crashed.
Jan 19, 2014 at 08:44
Hi vortex6
I also use some software in order to manage drawdown and keep it lower. I use the Power long cycle setting with all 9 pairs and it works like charme. Finally I found someone out there who is also able to control 'beast' Forex Envy which is extremely profitable.
Thinking of showing my results here on myfxbook.
Best
I also use some software in order to manage drawdown and keep it lower. I use the Power long cycle setting with all 9 pairs and it works like charme. Finally I found someone out there who is also able to control 'beast' Forex Envy which is extremely profitable.
Thinking of showing my results here on myfxbook.
Best
Jan 24, 2014 at 09:29
I agree, it can be profitable if done right. I mean there's always that chance it could blow but with my settings hopefully no more than 1 or 2 times a decade. I should have way more profit than losses if that's the case. I've seen some martingales running for 5 years but they don't get greedy. Steady and slow wins the race.
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