Forex Heist EA (by forexheistea) Quick Stats
Gain: +265.63%
Drawdown: 47.03%
Pips: 1414.6
Trades: 81
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Automated

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Forex Heist EA Discussion
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CryptoLife786

Member Since Jul 08, 2019  30 posts CryptoLife786 Jun 27 at 07:43
thankyou daluti

marco_mmbiz

Member Since Jul 20, 2019  168 posts marco_mmbiz Jun 27 at 19:55
What are people talking about here?
The FPA performance test looks much better: https://www.forexpeacearmy.com/forex-strategies/1626/forex-heist-ea-expert-advisor-performance-test

patience is the key
fxheistea

Member Since May 30, 2020  13 posts Forex Heist EA (fxheistea) Jun 29 at 19:15
marco_mmbiz posted:
What are people talking about here?
The FPA performance test looks much better: https://www.forexpeacearmy.com/forex-strategies/1626/forex-heist-ea-expert-advisor-performance-test


I don't know why people are after me, may be because i am not offering free trials any more.
Everyone can see the real performance here : https://www.forexpeacearmy.com/forex-strategies/1626/forex-heist-ea-expert-advisor-performance-test

I never claimed that this EA is a holy Grail, nothing is. But with right money management we can control the risk and we can make sure that we will keep making the money and in the same time we will preserve our capital.
So many people wants to make more money by increasing the Lot size but they often forget that higher lot size can put their account in danger in case of drawdown.
I can not keep every one happy, Key to making more money is to come up with a big trading account but keep lot size small and keep making money on constant basis without any problem.

"Earn Money Like Never Before"
dalutzi

Member Since May 22, 2020  4 posts dalutzi Jun 29 at 19:28
I'm not after you. But it's the truth. We just tell people the truth. There is no Risk or Money Management when Drawdown is so high. It's so easy in trading that the market turns against you. And with your default settings, 50% would be lost. You call this Money Management? Wow. I call it gambling. It's just gambling. A good trader never risks more than 3-5% per Trade. Because the market does what the market does. If the market goes against you, you will only loose 3-5%. With your EA it will be 50% or even more. Because we don't see any StopLoss, we have to trust you. But you don't answer questions

marco_mmbiz

Member Since Jul 20, 2019  168 posts marco_mmbiz Jun 30 at 11:37
dalutzi posted:
I'm not after you. But it's the truth. We just tell people the truth. There is no Risk or Money Management when Drawdown is so high. It's so easy in trading that the market turns against you. And with your default settings, 50% would be lost. You call this Money Management? Wow. I call it gambling. It's just gambling. A good trader never risks more than 3-5% per Trade. Because the market does what the market does. If the market goes against you, you will only loose 3-5%. With your EA it will be 50% or even more. Because we don't see any StopLoss, we have to trust you. But you don't answer questions


What do people expect here? It's a 51$ account. It's very hard to achieve a risk lower than 10% with such a small account, because there are no lot-sizes below 0.01lot available (usually a trader trades with 0.01lot/trade for every 1k$ of your account). So, you'll always get a higher DD at the very beginning of your trading. If you start with 51.000$ instead, and still using 0.01lot, you'd never have a DD of 47%.
Most of the systems here on Myfxbook who have a very low DD started with huge amounts of money, not with 51$ or 100$. Just saying. wink
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patience is the key
dalutzi

Member Since May 22, 2020  4 posts dalutzi Jun 30 at 13:49
I wrote about my own account with 1000 € live and 3000 € Demo. DD always the same because LOT Sizes are bigger. But just try it for yourself and you will see. DD has nothing to do with account size, it depends on the LOT Sizes and they increase with bigger account.

Afron

Member Since Aug 09, 2019  87 posts Afron Jun 30 at 13:53
marco_mmbiz posted:
dalutzi posted:
I'm not after you. But it's the truth. We just tell people the truth. There is no Risk or Money Management when Drawdown is so high. It's so easy in trading that the market turns against you. And with your default settings, 50% would be lost. You call this Money Management? Wow. I call it gambling. It's just gambling. A good trader never risks more than 3-5% per Trade. Because the market does what the market does. If the market goes against you, you will only loose 3-5%. With your EA it will be 50% or even more. Because we don't see any StopLoss, we have to trust you. But you don't answer questions


What do people expect here? It's a 51$ account. It's very hard to achieve a risk lower than 10% with such a small account, because there are no lot-sizes below 0.01lot available (usually a trader trades with 0.01lot/trade for every 1k$ of your account). So, you'll always get a higher DD at the very beginning of your trading. If you start with 51.000$ instead, and still using 0.01lot, you'd never have a DD of 47%.
Most of the systems here on Myfxbook who have a very low DD started with huge amounts of money, not with 51$ or 100$. Just saying. wink


Maximal Drawdown in FPA it was never accurate.

https://www.forexpeacearmy.com/forex-reviews/17637/forexheistea-trading-robots

marco_mmbiz

Member Since Jul 20, 2019  168 posts marco_mmbiz Jun 30 at 14:22
dalutzi posted:
I wrote about my own account with 1000 € live and 3000 € Demo. DD always the same because LOT Sizes are bigger. But just try it for yourself and you will see. DD has nothing to do with account size, it depends on the LOT Sizes and they increase with bigger account.


That's what I said... for a 1k account I'd just use 0.01lot if the max. account leverage is at 1:500. Just saying. If the EA is using higher lot-sizes I guess the original creator used a bigger account, or something is wrong with the programming. The original author should leave a comment about this here (and on FPA aswell).

patience is the key
fxheistea

Member Since May 30, 2020  13 posts Forex Heist EA (fxheistea) Jun 30 at 14:39
marco_mmbiz posted:
dalutzi posted:
I wrote about my own account with 1000 € live and 3000 € Demo. DD always the same because LOT Sizes are bigger. But just try it for yourself and you will see. DD has nothing to do with account size, it depends on the LOT Sizes and they increase with bigger account.


That's what I said... for a 1k account I'd just use 0.01lot if the max. account leverage is at 1:500. Just saying. If the EA is using higher lot-sizes I guess the original creator used a bigger account, or something is wrong with the programming. The original author should leave a comment about this here (and on FPA aswell).


There is nothing wrong in Programming, in fact the EA has a built in Lot sizing and Risk management system. We always send a user manual and a guide as to how user can control Lot size, Max DD, and the number of Max Positions.
Most of the traders like to get the same % of profit in Master account. It is certainly achievable but it involves risk of DrawDown.
If you only cut the lot size to half in your account then you will get the DD of only 23% which is not too high.
Please always and always make sure that you read the user manual and set the Lot size wisely, don't take extra risk.
and if some one claims that they blew their account because master account has 47% DD then it is only possible if they set the lot size too high.

"Earn Money Like Never Before"
Afron

Member Since Aug 09, 2019  87 posts Afron Jun 30 at 21:56
forexheistea posted:
Afron posted:
Zhuravkov posted:
a year will last, then you might think, but in the meantime, just luck.


Yes, it's a just luck when I see a small account with a grid strategy without SL.

05.15.2020 16:30 05.18.2020 12:16 EURUSD Sell 0.01 0.00000 0.00000 1.08401 1.08007 39.4 3.94
05.15.2020 15:50 05.18.2020 12:16 EURUSD Sell 0.01 0.00000 0.00000 1.08251 1.08010 24.1 2.41
05.15.2020 12:00 05.18.2020 12:16 EURUSD Sell 0.01 0.00000 0.00000 1.08105 1.08010 9.5 0.95
05.15.2020 08:00 05.18.2020 12:16 EURUSD Sell 0.01 0.00000 0.00000 1.08044 1.08011 3.3 0.33
05.15.2020 04:15 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.08037 1.08011 2.6 0.26
05.15.2020 00:30 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.08027 1.08011 1.6 0.16
05.14.2020 23:30 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.07984 1.08011 -2.7 -0.27
05.14.2020 17:00 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.07897 1.08011 -11.4 -1.14
05.14.2020 16:00 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.07882 1.08011 -12.9 -1.29


It calls Position building to harvest maximum profit out of small amount of Pips.

As we mentioned on our website, EA uses Hidden SL & TP to avoid any SL hunting of our customers, so please rest assured that their is always a SL behind every trade.

I suggest you try our EA and see it your self.
Even you could make some good Money.
I understand your feelings, once I was like you and when ever I saw an EA i always believed that it is going to blow. and back at that time i used to do only Manual Trading, and now when I know how to code EAs, I can see the power of automation.
I am not selling some thing which people can take and then it's theirs either it works or not.
I am selling a service that means i only get paid if the service is good. I believe in my EA because this strategy works best in real life as well.

if you want you can sign up for our service and see yourself if it really work or not.

I wish you well.

Forex Heist EA


None very Low DD and Hidden SL does not exist. Many have been deceived by such statements.

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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.