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Gain : +458.43%
Drawdown 27.30%
Pips: 14341.5
Trades 7842
Type: Real
Leverage: 1:500
Trading: Automated

ForexRealProfitEA_ICMarkets Discussion

Jul 15 2016 at 10:00
60 posts
I'm out, been using this EA for 7 months - nothing to show for it. boring

Jul 15 2016 at 17:58
227 posts
gobias posted:
looks like the recent addition of another volatility breakout system have increased the risk. You said the risk was going to be split between the 2 vol BO systems but clearly the opposite has happened....

I think what was meant is that the same risk (i.e. position size) will instead of being allocated to one breakout strategy, will be split between two different ones that open positions at the same time. From what I have been told, one strategy has a set SL, while the other has a higher TP with a more dynamic SL dependent on market activity.

July's poor performance definitely came down to some insane volatility where the price pitched massively up and down in a very short period of time due to mixed, high impact US economic data.

This EA is very much long term orientated, but I can understand your discouragement if you have nothing to show after seven months.

Aug 20 2016 at 14:07
1916 posts
don't hear any complaints..

Mar 22 2017 at 07:45
1916 posts
FxMasterGuru posted:

This strategy has not made any net, i.e. 'REAL' profit for the past 8 months... (except for the broker)

So what is excellent about it...??

Do I miss anything...??

show me better if you can...

incometrader (incometrader)
Mar 30 2017 at 08:24
157 posts
Looking pretty good to me. I use IC Markets too. Can you please tell me: Is your Account ECN or standard? Which VPS do you use and what is the ping to broker in milliseconds? I ask because forexgermany also uses IC Markets but his performance (especially on EUR/AUD) is better. Thanks.

fxrealprofitea (fxrealprofitea)
Mar 30 2017 at 20:38
27 posts
I recommend ecn accounts.
Tight spreads (ECN) and good price feed (many partner banks) can improve the long term performance.
We use SWVPS / USA (East C), it's cheap ($200 per year) and reliable, but not the best support though.
Kind regards,
FRPEA team.

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