ForexSeven

The user has deleted this system.

ForexSeven Discussion

Dec 03, 2015 at 17:22
5,028 Views
80 Replies
Member Since Aug 22, 2009   390 posts
Jan 29, 2016 at 06:50
I think ForexSeven is worse than Martingale. DD is too big and very hard to bear.
Lost about $3K and closed out all open positions.
Member Since Jan 01, 2011   16 posts
Jan 29, 2016 at 08:19
forex7 now is down .... 45% down now
Member Since Sep 27, 2013   76 posts
Jan 29, 2016 at 16:03
Oh, Martingale 😎



Attachments:

rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Jan 29, 2016 at 16:15
let's see how long it will last
Member Since May 20, 2011   724 posts
Jan 29, 2016 at 19:40
RedRhino posted:
I am not happy about seeing the Forex7 turn into a martingale grid system. The lotsize is doubling after each new Basket and continues to add to the losing baskets. Vendor account not updated for past 2 days... indicating some drawdown ahead.



+1
Member Since Dec 11, 2009   95 posts
Jan 30, 2016 at 16:34
I can only say WOW n then awwwww after watching the comments who bought this.
Member Since May 20, 2011   724 posts
Jan 31, 2016 at 08:52
bhanu545 posted:
I can only say WOW n then awwwww after watching the comments who bought this.
some people just not the demo god like you are
Member Since Apr 03, 2015   3 posts
Feb 01, 2016 at 07:33
The account just blow up , can you tell why ? in your view what went wrong ? https://www.fxblue.com/users/forex-seven
Member Since Jan 27, 2013   447 posts
Feb 01, 2016 at 11:03
Most probably he used too big lots
Member Since Mar 31, 2014   192 posts
Feb 03, 2016 at 08:39
ovisun posted:
Most probably he used too big lots

Vendors account stopped and your lost a lot..you think this EA works?
Member Since May 20, 2011   724 posts
Feb 03, 2016 at 09:57
Well we see if it can recover the 35%, I will likely say yes as you look at the run it has had on vendor. But that is your risk. 35%
Member Since Jan 27, 2013   447 posts
Feb 03, 2016 at 10:52 (edited Feb 03, 2016 at 10:53)
I'm going to let it run alone, no interventions from my side and will see what happens. I believe same as FXtader2010 that it will recover eventually.
Member Since Oct 13, 2015   3 posts
Feb 08, 2016 at 08:12
Forex Seven working wonders. It is bound to take your account to next level. It opens a set of trades and then closes all of them making sure a total in profit..

I have got an extra license for this software if anyone requires it do shoot me an email on [email protected]

I can give you for discounted price.

Thank You
Member Since May 20, 2011   724 posts
Feb 08, 2016 at 09:53
raunakritu posted:
Forex Seven working wonders. It is bound to take your account to next level. It opens a set of trades and then closes all of them making sure a total in profit..

I have got an extra license for this software if anyone requires it do shoot me an email on [email protected]

I can give you for discounted price.

Thank You
The vendors account is blown...
Member Since Jan 03, 2014   220 posts
Feb 08, 2016 at 09:54
It is bound to take your account to next level.😁
forex7
forex_trader_289986
Member Since Dec 03, 2015   3 posts
Feb 08, 2016 at 16:05 (edited Feb 08, 2016 at 16:05)
@FXtrader2010 Our account is still trading! Today the basket has been closed!
Member Since May 20, 2011   724 posts
Feb 09, 2016 at 09:09
I don't understand, how others like ovisun and zara both blow up in less than a month yet you still able to keep running?
Member Since Dec 11, 2009   95 posts
Feb 09, 2016 at 09:19
Its not that i am fighting for this author but this EA lost big time on few pairs like usdcad,gbpusd,audcad. I did some research on individual pairs analysis. Loss was recovered by manual trades instead of EA is what i feel. CADJPY trade was the only one which made 3%+ profit and only 1 trade.
When observed this EA dsnt take 1 big lot. It adds more and more lots to a pair when it goes negative. like for example 0.2,0.4,0.8 etc
But CADJPY 0.8 lot trade went 200+pips negative and still it dint open a same directional trade and only 1 trade on that pair since a month instead of 0.2 lot and so on....which is standard for other pairs.

People should research more on the activity of this EA vs manual trades 🙄
Member Since Jan 03, 2014   220 posts
Feb 09, 2016 at 09:25
ovisun and zara both blow up because they had 7orders*5=35 orders and hit 35% risk sl,about start 0.01 lot hit -1200$
i think vendor's account use a version non stoploss....so when big DD% he stop update myfxbook untill all 35 orders closed in profit...

now can't check the dd% at that time,
https://www.fxblue.com/users/forex-seven-live/stats not update for a long time...
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