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FX Flash (All Versions) (By FxFlashTeam )

The user has deleted this system.

FX Flash (All Versions) Discussion

arkan1976
Apr 02 2013 at 10:58
3 posts
drsong123 posted:
I bought v1.5 1 wk ago. I have two missed trades comparing with this account.

What Broker do you use ?
I use pepperstone.
I have the same problem,
For example in EURJPY don´t open the last trade because 'my spread' was 10.7 and the expert allows 10.0.
Would be that the problem ?
drsong123
Apr 03 2013 at 01:08
94 posts
What Broker do you use ?
I use pepperstone.
I have the same problem,
For example in EURJPY don´t open the last trade because 'my spread' was 10.7 and the expert allows 10.0.
Would be that the problem ?

I am us resident and use MB trading. I have increased maxspread to 15 having no success. I have sent email to mike rose and did not get further answer.
ibthescottyb
Apr 03 2013 at 11:39
407 posts
It is popular belief that this EA is based off Aladdin5 FX. Aladdin has not traded either. Backtests of Aladdin show long periods of no trades. These Ea's are trend traders. If anyone has been watching the charts themselves, we are ranging at the moment.
drsong123
Apr 03 2013 at 23:24
94 posts
I am testing this ea for about 10 days and has no open trades comparing with 3 trades on this account during same period. Look like I am not only one to have this problem. I just got email from Mike Rose, the developer saying my broker may be bad broker for his EA. I am asking for refund now.
Aplmustdie
Apr 04 2013 at 00:46
305 posts
I had 3 trades on April 1 and one trade just now, same as on the Official account. I'm using FinFX ECN Pro. So far, my trades match the Official account
richbugger
Apr 04 2013 at 06:56
127 posts
Now I get some of the trades on the official account, I miss some of them, and I also get some trades which are not on the official account. I use Armada Exchange account by the way. But all in all, it has resulted in profit for me. I guess it just has to do with different price feeds for the brokers. I just hope that this EA will continue to be profitable and that the vendor will provide an update for us should market conditions change and it no longer continues to be as profitable.
ibthescottyb
Apr 04 2013 at 07:51
407 posts
We hit the AUDJPY trade today. Made 7.8 pips on IBFX - US account. I can be patient for trades as long as they are accurate.😎
ForexPro
Apr 04 2013 at 14:22
382 posts
The MQLLOCK crap doesnt activate the EA after restarting.. Anybody else with this issue?
ibthescottyb
Apr 04 2013 at 15:49
407 posts
I restarted a chart to be sure - mine reset properly
ForexPro
Apr 04 2013 at 15:59
382 posts
OK thx. This was the last time that I bought a MQLLOCK crap protected EA. Nothing else than problems with it , in the past with other EAs as well. Time for refund!
ibthescottyb
Apr 04 2013 at 16:01
407 posts
I hear that. I can understand why people want to protect their work. The problem is what happens when the vendor decides they do not want to deal with the authentication server anymore? Everyone is out?
richbugger
Apr 08 2013 at 10:34
127 posts
I think I can safely say that using default settings, this EA is performing better for me on Armada than the official published account.
Aplmustdie
Apr 08 2013 at 13:22
305 posts
Same here, 22 trades and 22 wins. There were a few nail biters though. This last weekend for example, two trades were open and they went deep in the red, only to recover. Very happy so far
richbugger
Apr 08 2013 at 13:34
127 posts
whew, well I'm glad to see that I'm not the only one who was keeping my fingers crossed about the EURUSD trades which were left open over the weekend. Lets hope the EA continues to be profitable into the future. And I know most ppl say that this EA is a copy-cat of Alladin, which is a copy-cat of WSFR, but I think the fact that it trades on so many different pairs is what makes this EA attractive. You know, when there is no activity from one pair then I have activity from another which is great. I just hope that if market conditions change in the future that the FX Flash team will re-optimise it for us since they promised updates etc on their website. Way to go FX Flash team. Keep up the good performance.
richbugger
Apr 09 2013 at 08:06
127 posts
whoops, I hope I didnt speak too soon. Lost almost about 20% of my account today on EURJPY and AUSJPY trades. Anyway, the EA is now trying to trade to get out of the drawdown. Hope it works.
Aplmustdie
Apr 09 2013 at 11:07
305 posts
After the smoke cleared, I lost 13.8% for a loss of $3,209.52. It recovered $571.61 with a few wins though. The final damage was a loss of 9.9 %. Not a happy day, but to be expected. Losses seem to be about 4 times the wins, so it takes about 4 wins to recover from one loss. Trading a max of 3 orders, can equal 3 losses per currency. So a 9.9% drawdown is acceptable, provided it doesn't start to fall below an 80% win rate.
richbugger
Apr 09 2013 at 12:08
127 posts
Yeah, guess I can also say that too. Was almost down 20% but after recovery I guess I can say I went down 10% today with this EA. Luckily though, I made some profit with another EA so it is as though I had no loss today.
ForexPro
Apr 09 2013 at 17:21
382 posts
If you guys wanna save your accounts from get wiped out you better go for refund.. The EA is poor coded and the BTs not reliable.
Aplmustdie
Apr 09 2013 at 18:39
305 posts
ForexPro posted:
If you guys wanna save your accounts from get wiped out you better go for refund.. The EA is poor coded and the BTs not reliable.

How so? Out of 30 trades, I've had 3 losses. There have been no surprises so far with the EA and it is still profitable for me. All trading has losses. If you can't handle losses, you shouldn't be trading.
ForexPro
Apr 09 2013 at 19:16
382 posts
LOL we talk again when your acc. is toast..
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