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Forex Envy Power Edition (by ForexEnvy)

The user has deleted this system.
BealBull
Apr 20 2012 at 08:49
102 posts
Hi,

As far as I know, Envy Power is in test and is not yet ready for sale.

No ROI in a dead account
zyrt
Apr 22 2012 at 10:55
202 posts
Hi, if I want to buy FE now, will I get the new 3.0 power?
thanks

BealBull
Apr 23 2012 at 10:56
102 posts
Envy Power still alive? Last reported trade at 03:59 was when AUDUSD dived for the floor after the bad AU CPI data at 04:00. Nothing since then. Envy Trading also stopped updating about 1 hour later. Did we lose them both? Emailed TE but no replies.

BTW my Envy made money on the AUDUSD dive.

No ROI in a dead account
CB75
Apr 23 2012 at 11:06
34 posts
That's a problem since the account is not constantly updated you do not get a true indication of what is going on with the account - drawdown will only be shown once the orders recover and it is connected again.
 It could also be deleted as the vendor feels the drawdown is not 'correctly calculated'. Heh.

BealBull
Apr 23 2012 at 11:13
102 posts
The Long and Long/Short accounts are being updated. So strange? I did email TE but no replies. They are normally quick to reply. Sure hope the 2 accounts did not die on that AUSUSD dive. Noticed it caused other to have big movements as well and all around the same time. Could be an issue when trading 9 currencies and most move against you.

My Envy has only made 1 trade since the AUSUSD dive. Do TE have the ability to remotely shut down trading? Checked the set files and nothing has changed. I reloaded them from those emailed from TE and still no trades.

No ROI in a dead account
willgart
Apr 23 2012 at 11:32
588 posts
well... I don't have an audusd issue.
it was eurjpy for me, but I hit the TP during the night.

TE is not able to shutdown the EA remotely.
the new version will offer the capability of automatically activate the stop after TP before a news, but not the V2.1

for sure if all 9 currencies going against you you are dead...
but only 2 is enough, I got a margin call with 2 currencies only going against me. but the problem is related to the short cycle, the long cycle can support this with less issues.

for your no trade issue, did you have any error in the logs?

BealBull
Apr 23 2012 at 11:53
102 posts
No errors and no trades. Manually I did 4 trades and picked up around 180 Pips with a Lot size quite a bit bigger than the 0.01 Envy starter.

The Power and Trading accounts started with a HeadRoom of around 4,500. My account has around 45,000 HeadRoom. What this means to me is I have a massive margin reserve at the expense of ROI. I'm tempted to increase the opening Lot size from 0.01 to say 0.05 and still maintain a HeadRoom of around 9,000 or twice the HeadRoom amount of the Power and Trading accounts.

No ROI in a dead account
BealBull
Apr 23 2012 at 11:58
102 posts
Latest Envy Calculator with a few new features and capabilities such as Bonuses.

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No ROI in a dead account
willgart
Apr 23 2012 at 12:21
588 posts

   BealBull posted:
   No errors and no trades. Manually I did 4 trades and picked up around 180 Pips with a Lot size quite a bit bigger than the 0.01 Envy starter.

The Power and Trading accounts started with a HeadRoom of around 4,500. My account has around 45,000 HeadRoom. What this means to me is I have a massive margin reserve at the expense of ROI. I'm tempted to increase the opening Lot size from 0.01 to say 0.05 and still maintain a HeadRoom of around 9,000 or twice the HeadRoom amount of the Power and Trading accounts.

well... its not a good idea.

ask the forexenvy team to get the right setup for your account size. they provides the best setup.
with minimal risk, forexenvy can open 15 trades from 0.01 up to 12 lots (so a total of +-30lots for 1 currency only)
so if you have 2 currencies in this scenario, you'll have a minimum of 30 lots opened + the other currencies... this starts to be big...

you cn do some backtesting to see the result of your setup, and see the level of risk generated.

BealBull
Apr 23 2012 at 13:05
102 posts
Back test trading 14 currency pairs? How?

No ROI in a dead account
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