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Fx Bringer EUR_AUD_Aggressive (By Fx Bringer )

Gain : -99.86%
Drawdown 99.98%
Pips: -434.7
Trades 492
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

Fx Bringer EUR_AUD_Aggressive Discussion

willgart
Sep 05 2014 at 21:33
588 posts
interesting martingale system to follow.
the pips win is good.
and apparently there is a stop loss setup (280 pips on eurjpy).
so the account may be correctly protected.
but for sure its not possible to handle multiple currency in normal or aggressive mode.
(40% of DD on 2 currencies = margin call...)

can you publish a combined back test? (there is tools to merge multiple back tests in 1 result)
raviluke
Sep 06 2014 at 01:47
167 posts
willgart posted:
interesting martingale system to follow.
the pips win is good.
and apparently there is a stop loss setup (280 pips on eurjpy).
so the account may be correctly protected.
but for sure its not possible to handle multiple currency in normal or aggressive mode.
(40% of DD on 2 currencies = margin call...)

can you publish a combined back test? (there is tools to merge multiple back tests in 1 result)

Well, only one trade is loss. In a martingale system there should be several small lot loses larger lot wins. I think this is something else.
willgart
Sep 06 2014 at 02:14
588 posts
check the back tests...
the lot size increase and closed at the same time = martingale.
the signal used appear to be good most of the time, the martingale is here when the entry point is missed
Fx Bringer (Fxbringer)
Sep 09 2014 at 14:20
21 posts
Hello, Guys! Yes our system have good MM settings and you can set risks suitable for you. All trades are have hard Stop Loss.

willgart posted:can you publish a combined back test? (there is tools to merge multiple back tests in 1 result)
Yes we can, but it can't be loaded to myfxbook strategy reporter, so we decide not to do it.
lilizen
Sep 10 2014 at 06:22
12 posts
i don't have a good feeling about this system it's too risky even for me
trading should'nt be stressful,it should be full of joy
Matt (BluePanther)
Sep 11 2014 at 04:19
1356 posts
I like the looks of this system: 96%-100% win rate on trades - very impressive!

Please explain the difference between Ultimate and Standard - is there any apart from the USDCHF pair?
Fx Bringer (Fxbringer)
Sep 11 2014 at 06:57
21 posts
lilizen posted:
i don't have a good feeling about this system it's too risky even for me
Hi there. It's up to you to decide how to set up the EA. You can choose Conservative mode and if system will face with problem, your loss will be only 15%.
Matt (BluePanther)
Sep 11 2014 at 08:30
1356 posts
lilizen posted:
i don't have a good feeling about this system it's too risky even for me

You're a hypocrite. You think this system is too risky - why are you even interested in forex? 😲

You can't 'have your cake and eat it', meaning 'you can't have high returns without high risk'.

Go back to putting your money in a bank account if you hate risk - even this much risk. 😎
Fx Bringer (Fxbringer)
Sep 13 2014 at 10:20
21 posts
BluePanther posted:
I like the looks of this system: 96%-100% win rate on trades - very impressive!

Please explain the difference between Ultimate and Standard - is there any apart from the USDCHF pair?

Thanks, Matt.

The USDCHF pair is the main difference. Also one additional demo account.
loshabi
Sep 16 2014 at 14:30
2 posts
What is the stop loss of high-lot trading?


Attachments:

loshabi
Sep 16 2014 at 14:51
2 posts
Fx Bringer (Fxbringer)
Sep 21 2014 at 13:36
21 posts
loshabi posted:
What is the stop loss of high-lot trading?


Hi there. The stop loss is different for each logic and each trading pair. But the main thing, that you can't lose more money than you specified in EA. So, if you set conservative settings, your possible loss is 15% from your deposit. In Normal it's 35% from deposit. Aggressive 85% from your deposit.

It's very rare situation, when two trades in row closed by stop loss, but even when it be, you will lose only a small part of deposit and good profitability give you possibility to recover any loss in a small period of time.

This account is a demonstration of higher profitability of the Fx Bringer. We don't recommend to trade with aggressive mode. Only Normal or better Conservative.
philippe (phil09)
Sep 21 2014 at 16:00
56 posts
If the order was closed in a loss, the next one increases, and after that there are no more steps of increasing.

A little bit dangerous, but I've heard the next version coming soon, and the user can switch on/off this feature.
I'm waiting for it.

phil
Fx Bringer (Fxbringer)
Sep 22 2014 at 06:57
21 posts
phil09 posted:
If the order was closed in a loss, the next one increases, and after that there are no more steps of increasing.

A little bit dangerous, but I've heard the next version coming soon, and the user can switch on/off this feature.
I'm waiting for it.

phil

Hi, Phil. Our system can increase lot size only once. 90-95% of orders is trading with fixed lot size and only if orders closed in loss, next order will be increased, but only once.
Yes, we are works on new version, with possibility to trade only with fixed lot size and Super Conservative parameter with the risk only 5%.
goode
Sep 22 2014 at 13:48
220 posts
@Fxbringer
why you didn't reply my e-mail for two days.my e-mail is goodexp[a t]qq.com? and i had report that the third logic of usdchf always show logic-3=off even we set logic=true
Forexprofit1
Sep 22 2014 at 13:49
19 posts
Hi!

So There will be a new version of the EA released, and about when we can expect it?
Or there will be a completly new EA ?

Thanks for your answer!
Matt (BluePanther)
Sep 22 2014 at 14:03
1356 posts
@Fxbringer
Ultimate is on special for same price as Original, yet when I paid to buy, I got Original.

You have not responded to my email request to send Ultimate.

Please send me Ultimate.
Wallace
Sep 22 2014 at 23:08
86 posts
Hello, I got this message in my EA:

Minimum lot size for your broker is 0.01.
You need to increase your deposit or change your risk settings.
Currently the lot size equal to the minimum!

I am currently using the Ultimate version and testing the EA with two pairs (AU and EJ). I deposit USD300 to the account and run it with normal setting (activate two logic for each pair only)

What should I do in response to the above message? thanks!!

Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Wallace
Sep 23 2014 at 03:59
86 posts
Wallace posted:
Hello, I got this message in my EA:

Minimum lot size for your broker is 0.01.
You need to increase your deposit or change your risk settings.
Currently the lot size equal to the minimum!

I am currently using the Ultimate version and testing the EA with two pairs (AU and EJ). I deposit USD300 to the account and run it with normal setting (activate two logic for each pair only)

What should I do in response to the above message? thanks!!

Wallace

I mean't besides increasing the deposit, is that I should alter the EA setting in order to let it to calculate the lot appropriately?
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
velgengni
Sep 23 2014 at 07:03
20 posts
Wallace posted:
Hello, I got this message in my EA:

Minimum lot size for your broker is 0.01.
You need to increase your deposit or change your risk settings.
Currently the lot size equal to the minimum!

I am currently using the Ultimate version and testing the EA with two pairs (AU and EJ). I deposit USD300 to the account and run it with normal setting (activate two logic for each pair only)

What should I do in response to the above message? thanks!!

Wallace

I believe in the manual, it's stated that if you trrade EURJPY, with Auto_Lot = Normal, you need minimum deposit of $365.00
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