Any details on your backtests. I tried to replicate your results bu ea showed a hard time and strugle in most of the years prior to 2016. I know broker data can differ, but maybe you could share which settings did you use for eurusd. Any info on this topic eiuld be very appriciated. Thanks.
Hello, Yes, results must be the same on any broker with a slight difference. Please contact our support department, they will help you to find the problem.
fmlbfx2010 posted: Hey, This is due in 2 errors, First time you do not keep the ea to place trade for the 4 raw, And secondly you revenge now by placing the 3 loses trades against the trend. Thank you you are really expert in forex!
Hello, I believe you talk about EURGBP settings. 1. Settings that we use is calculated according to history. We find the best risk / reward ratio and for EURGBP it was 3 trades maximum. For EURUSD it is 4 trades. I can say you, that in this case 4 trades will not helped, only drawdown will be bigger, because EURGBP very unstable because of brexit and has so big trends. We don't recommend our clients to trade with EURGBP until Brexit will be finished, because it has such price movementm that there are was no such before - unpredictable.
2. I hope you joking about any revenging?😄 We always trying to do the best for our customers. At the moment EURGBP setting open 3 trades, because we still have these trades on our account (our account didn't lost all the money and keep the trades in market). If price will go down, all clients will get huge profit. But we don't recommend to trade with EURGBP as I told before. Of course, there is no question of any revenge, and for what we need to revenge and to whom?😲
Sorry if you got a bad experience with trading on EURGBP, we really sorry about that. I hope you used recommended risks or lower and you will be able to recover the loss by trading EURUSD and AUDUSD, because they works very good. Brexit period brought us many problems and we don't recommend to use GBP pairs for a while (especially EURGBP).
fmlbfx2010 posted: Hi traders The fxcharger for the instrument audusd crushed, so in what the owner is proud on it by the price around 500$?
fmlbfx2010 posted: we do not trust this ea fxcharger max no more!
my FXCharger on AUDUSD did not crash... it was close, but the EA worked well and turned the loss into a win. Maybe you are using the wrong broker or the wrong type of account. If you are using a STP broker your wins are the losses of your broker and your losses are the broker's wins, so it's better using an ECN broker... Oh... and the ECN broker does not have that high spread which makes it possible to reach the SL price in situations a STP broker would not reach that price. Therefor you pay a small commission for each trade with an ECN broker, but can be sure that there is no collision of interests between you and your broker.
Btw: You should also be attentive in situations your EA deals with big open positions... mostly there is a chance to close those positions manually (with a small win) before the chart turns the other way around and crashes your account... leaving the market is also a part of risk management. :) This year I did this two times, because it went too risky for my liking... I got out of the market and made less win, but in my opinion it was the only right way.
Well, you have learned a lot with this account crash, but if you quit now you can't use that knowledge anymore. So stand up and try again and you will do better now. :)
A final question: How much of the account was gone? only 25% or did you turn off the drawdown control of the EA and blew the account? :/
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