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Forex Flex EA Real1 ForexFBI (By forexfbi )

The user has deleted this system.

Forex Flex EA Real1 ForexFBI Discussion

kantor (kantor)
Apr 18 2014 at 12:47
33 posts
Clean water Martingaile. Multiplier = (sqr(5)+1)/2.
Sooner or later everything will merge!

Apr 19 2014 at 08:49
192 posts
good or bad???

kantor (kantor)
Apr 21 2014 at 07:26
33 posts
This is very bad. Sooner or later ends Deposit drain

forexfbi (forexfbi)
Apr 22 2014 at 08:55
24 posts
First off, this is not just a martingale EA. You can set it up to trade any style you want! I myself have a thing for marty's because I know what I'm doing with them. Flex offers an entirely fresh approach to automated in general which has also given me a fresh approach to marty trading. That's why I'm running Flex the way I am.

They've allowed you to essentially cut the risk down substantially over your traditional martingale EA's because of the more accurate entry points.

Could this account blow up? No, because I have the DD_StoplossPct set to 40 so I would only ever lose 40%. Even for that to happen with the risk I'm running it would take one hell of a movement on multiple pairs.

This is only the half-marty aspect of this EA we're talking about here, there are a million + 1 other ways you can set this thing up to trade which I've barely dabbled into.

If you want to disregard an EA because it's 'capable, but not limited to' trading martingale, then go right ahead.

Apr 22 2014 at 08:58
795 posts
Im also a martigale grid king...

Click on my Name to see My Live Charts and Bio.
Apr 29 2014 at 13:39
48 posts
Expectancy 6.3 Pips tells us that there is more than martingale. I would call it position averaging. Fund managers also use this technique and there is nothing wrong with it as long as DD is in control.

What goes up, must go down
May 08 2014 at 00:56
94 posts
what setting do you use for this account?

forexfbi (forexfbi)
May 21 2014 at 04:57
24 posts
drsong123 posted:
what setting do you use for this account?

Just the default settings it comes with

Jun 02 2014 at 16:38
136 posts
I am not sure about this EA as I have bought it & been 2 weeks & not a single trade although we did have some good volatility especially with the AUDUSD & GBPUSD. I dont know what those virtual trades do but they seem to constantly reset their values (Meaning a fat chance having to see a trade with the default settings.

I am running it on my VPS with zero interference. Not impressive I might say compared to other cheaper EA's which do perform for a fraction of the price

Also the drawdown on the Real account of 40% on the EURUSD is not a very encouraging site.

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