Funnel Trader Account 1 (By funneltrader)

The user has deleted this system.

Funnel Trader Account 1 Discussion

May 24, 2016 at 23:19
10,849 Views
198 Replies
Member Since May 24, 2016   51 posts
Jan 05, 2017 at 18:02
Yes it works with pairsuffix
Member Since Nov 11, 2009   38 posts
Jan 16, 2017 at 00:14
Happy New Year!

How does Funnel Trader deal with negative swap that accumulates?

And does Funnel Trader make adjustments if the drawdown approaches 90%?

Thanks.
Member Since Sep 23, 2016   85 posts
Jan 16, 2017 at 00:41
wealthsecrets posted:
Happy New Year!

How does Funnel Trader deal with negative swap that accumulates?

And does Funnel Trader make adjustments if the drawdown approaches 90%?

Thanks.
Hi Mike
With the standard settings, the swap is negligible. Swap would only be an issue on exotics or large volume and funnel is normally low volume.
The DD is based on account size so if you have 90℅ DD, you need much more $$$ in the account. Actually 90℅ would get you stopped out with most brokers! I suggest 3k min. I actually transfer money back and forth when needed. If I have a low DD I put the money in my other account to trade a different strategy but if funnel starts buying more baskets, I send a few $$$ back into it. Best to keep 3k minimum in account and just let it go if you don't want to watch it. I just like to maximize my funds and that is the only reason why I'm constantly transferring.
Choose a good reputation over great riches (PROVERBS 22:1)
Member Since Dec 29, 2016   16 posts
Jan 19, 2017 at 10:58
Hello. How does TP, SL, & TS work? Are they hidden & dynamic? What is the avg TP & SL parameters?
Member Since May 24, 2016   51 posts
Jan 20, 2017 at 08:16
Yes hidden and dynamic. Avg tp and sl isn't really relevant because trades are balanced out by each other. So you could have a trade with -50 pips and another with +60 pips. netting +10pips. The system does a cross currency hedge.
Member Since Apr 20, 2012   134 posts
Jan 20, 2017 at 11:13
This is the most consistent profitable EA I have seen in the recent past , kudos to developers for creating this marvel
Member Since May 24, 2016   51 posts
Jan 22, 2017 at 07:48
Thanks
Member Since Sep 10, 2014   138 posts
Feb 01, 2017 at 14:02
The EA is doing a very good job on my demo $5,000.00 account. It did have a working 40% draw down once in December other than that, it maintains a very low working draw down..

One a $5K account 5-10% a month, will this return per month drop as the balance increases? Just how it opens the lot size hints that the bigger the account smaller the return?
Member Since Apr 20, 2012   134 posts
Feb 01, 2017 at 21:24
this is clear winner in the long run
Member Since Apr 20, 2012   134 posts
Feb 21, 2017 at 09:12
Can you please look into this,its not updating anymore
Member Since May 24, 2016   51 posts
Feb 22, 2017 at 07:39
Yes - not sure why - I contacted support for Myfxbook hopefully they fix it soon.
Member Since Sep 08, 2010   54 posts
Feb 23, 2017 at 09:22
Could try updating the MYFXBook client. Had such a problem in the past where the client was too many version out of date.
Member Since May 24, 2016   51 posts
Feb 23, 2017 at 12:18
It's been fixed
Member Since Apr 20, 2012   134 posts
Feb 23, 2017 at 16:08
yes thanks
Member Since Sep 10, 2014   138 posts
Mar 06, 2017 at 00:47
I'm giving this EA 5 stars, so far it's been doing very well on my demo account. Just put it on my real account.
Member Since May 08, 2012   60 posts
Mar 10, 2017 at 08:14
Hi, is there opposite direction at open trades?
Member Since May 08, 2012   60 posts
Mar 12, 2017 at 07:45
Hi, what is the maximum trade open per pair?
Member Since May 24, 2016   51 posts
Mar 13, 2017 at 19:56
Please go to www.funneltrader.com for details or email support@funneltrader.com for questions. I don't check here everyday.
Member Since Apr 20, 2012   134 posts
Apr 01, 2017 at 12:03
excellent EA , very consistent , thank you
Member Since Aug 07, 2012   19 posts
Apr 05, 2017 at 14:12
Nice, but why stopped?
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