FXCharger (by fxcharger) Quick Stats
Gain: +2138.91%
Drawdown: 21.88%
Pips: 1700.9
Trades: 515
Won:
Lost:
Type: Real
Leverage: -
Trading: Automated

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FXCharger Discussion
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JorahanK

Member Since Aug 22, 2016  6 posts JorahanK Jan 02 2017 at 09:47
Irishmist posted:
seems like the last eurusd trade in history has been closed manually? Any reason for that?


I guess the reason is in this message at official website :
'Dear clients, we would like to inform you that the trading of FXCharger will be stopped on our accounts during the winter holidays. The trading will be resumed on January 7.'

Patass

Member Since Oct 03, 2015  8 posts Patass Jan 02 2017 at 12:38
Still no feedback from real people using this EA. Please if you have tested it give us your opinion. Thank you.

fmlbfx2010

Member Since Jul 26, 2010  70 posts fmlbfx2010 Jan 03 2017 at 15:04
How u know the last trade is closed manually?

fxcharger

Member Since Feb 16, 2016  65 posts fxcharger Jan 14 2017 at 16:54
Hi everyone and we are hope you had good holidays! Yes, last trades at 2016 year was closed manually and EA was stopped because of holidays period. Previously was made an announcement on the website about that.

Drolph

Member Since Dec 21, 2015  19 posts Drolph Jan 23 2017 at 13:44
There is one thing, which is irritating:

In your backtests you use a fixed time for opening the first orders based on GMT settings. But a 5 year backtest can not consider the yearly switch between summer- and winter time. So is the backtest based on pure luck, as it uses different entry points during summer and winter time?

fmlbfx2010

Member Since Jul 26, 2010  70 posts fmlbfx2010 Jan 29 2017 at 10:26
Hi,
I bought this ea and unfortunately I am deceived because the ea is marginal and work if the market is in range so this ea is very risky.
Farid

FxMasterGuru

Member Since May 04, 2012  1603 posts FxMasterGuru (FxMasterGuru) Jan 29 2017 at 15:48
Many seniors members have warned readers that it was a MARTINGALE!

I am just curious: Why have you bought it then...? roll

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
fmlbfx2010

Member Since Jul 26, 2010  70 posts fmlbfx2010 Jan 29 2017 at 15:54
Hi
Show me what you tell

FxMasterGuru

Member Since May 04, 2012  1603 posts FxMasterGuru (FxMasterGuru) Jan 30 2017 at 07:53
fmlbfx2010 posted:
Hi
Show me what you tell


Please read ALL the posts from Page #1.

Just for example Post #3 on page #1 from @upandgo who wrote:

''Extremely dangerous Martingale !
Opens 9.6 lots to recover initial 0.15 lot..
Just a matter of time to crash.''

Or you can read the post of @togr on Page #3 who wrote:

''It is clear martingale.
All martingale ends up badly
You can never say when and that is the key.
It can end up badly very next week you use it on your account...''

And it goes on and on and on... In other words: Many people have pointed out how dangerous this EA was before you purchased it.

I got my 31 Vouches on MyFxBook for pointing out dangerous and outright scam strategies over the years and there are many other members who have been doing just the same, but apparently we cannot save everybody from spending money on useless and doomed EAs...

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
userpro1

Member Since Apr 21, 2016  9 posts userpro1 Mar 02 2017 at 14:48
Its true i bought it and wish i had not- manage your own money or copy traders EAs do not work its a myth

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EURUSD 1.11174 GBPUSD 1.33352
USDJPY 109.351 USDCAD 1.31719

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.