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

Full Report

User's Page

Message

Rating: Full Star Full Star Empty Star Empty Star Empty Star
FXCharger Discussion
Previous 1 2 3 4 5 6 7 8 .. 29 Next
Irishmist

Member Since Oct 20, 2013  136 posts Irishmist Mar 03 2017 at 07:50
userpro1 posted:
Its true i bought it and wish i had not- manage your own money or copy traders EAs do not work its a myth


Thanks for the heads up from your feedback seems like the same forex-incontrol developers which now has vanished from myfxbook

Time is Money
adwrn

Member Since Dec 31, 2014  6 posts adwrn Mar 07 2017 at 07:27
fxcharger posted:
RedRhinoFX posted:
fxcharger posted:
upandgo posted:
Extremely dangerous Martingale !
Opens 9.6 lots to recover initial 0.15 lot..
Just a matter of time to crash


That is why FXCharger come with risk controlling. The StopLoss is calculated accordingly to the risks that you specified in settings. For example if you specify 20% risk, EA will calculate initial lotsize and put the StopLoss on the price, which will not allow you to lose more than you set in EA.


What risk setting do you use? Is this MAX? Is this trend follow or means reversion?


On this account we use max risk to show the potential of the system. First trade looking for trend, all other wait for reversion. All trades have smart TakeProfit and StopLoss, to have possibility
You determine the size of the risk can be set
to close trades in profit and good period of time

adwrn

Member Since Dec 31, 2014  6 posts adwrn Mar 07 2017 at 07:28

You determine the size of the risk can be set

adwrn

Member Since Dec 31, 2014  6 posts adwrn Mar 07 2017 at 07:28
很喜欢你的ea,但不知道你风控如何

MicF

Member Since Nov 26, 2016  73 posts MicF Jun 15 2017 at 11:11
Last trade recorded is 23th May.
Has anything happened?

togr

Member Since Feb 22, 2011  4518 posts vontogr (togr) Jun 15 2017 at 11:52
togr posted:
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...
11.21.2016 14:15 11.23.2016 07:11 AUDUSD Buy 2.30 0.73746 0.74305 55.9 1289.88 1d 9.53%
11.22.2016 14:15 11.23.2016 07:11 AUDUSD Buy 3.45 0.74059 0.74305 24.6 851.84 16h 56m 5.75%
11.18.2016 14:15 11.23.2016 07:11 AUDUSD Buy 1.53 0.73913 0.74305 39.2 603.93 4d 4.67%
11.11.2016 14:15 11.23.2016 07:11 AUDUSD Buy 0.20 0.75868 0.74305 -156.3 -310.79 11d -2.09%
11.16.2016 14:15 11.23.2016 07:11 AUDUSD Buy 0.68 0.74769 0.74305 -46.4 -311.18 6d -2.29%
11.14.2016 14:15 11.23.2016 07:11 AUDUSD Buy 0.30 0.75505 0.74305 -120.0 -357.56 8d -2.46%
11.17.2016 14:15 11.23.2016 07:11 AUDUSD Buy 1.02 0.74660 0.74305 -35.5 -358.38 5d -2.70%
11.15.2016 14:15 11.23.2016 07:11 AUDUSD Buy 0.45 0.75615 0.74305 -131.0 -586.22 7d -4.13%


and account gone!

I like what I trade, I trade what I like
MicF

Member Since Nov 26, 2016  73 posts MicF Jun 15 2017 at 16:38
Sure it's agressive martingale, no doubt about it.

But if the account was gone, how would they know upfront and stopped logging it?
What I want to say, there is no proove it has gone.

From my understanding, the account just stopped trading or logging the trades and my question is: Why?

BTW
As we all agree this is lottery, what should we do with this 'Risk of ruin' statistic of myfxbook:

Loss Size 100% 90% 80% 70% 60% 50% 40% 30% 20% 10%
Probability of Loss <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% 0.06% 2.9%
Consecutive Losing Trades 120 108 96 84 72 60 48 36 24 12

It's useless in the end, cause 5 consecutive loss trades will kill the account.

Mic

togr

Member Since Feb 22, 2011  4518 posts vontogr (togr) Jun 16 2017 at 06:43
MicF posted:
Sure it's agressive martingale, no doubt about it.

But if the account was gone, how would they know upfront and stopped logging it?
What I want to say, there is no proove it has gone.

From my understanding, the account just stopped trading or logging the trades and my question is: Why?

BTW
As we all agree this is lottery, what should we do with this 'Risk of ruin' statistic of myfxbook:

Loss Size 100% 90% 80% 70% 60% 50% 40% 30% 20% 10%
Probability of Loss <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% 0.06% 2.9%
Consecutive Losing Trades 120 108 96 84 72 60 48 36 24 12

It's useless in the end, cause 5 consecutive loss trades will kill the account.

Mic


check the equity it is less then 100%
check open trades zero
how would you explain that?

I like what I trade, I trade what I like
MicF

Member Since Nov 26, 2016  73 posts MicF Jun 16 2017 at 06:52
Are we looking at the same account?

Balance: $21277.31
Equity:(99.79%) $21232.21
Highest: (May 23) $21277.31
Profit: $19277.31
Interest: -$769.54
Deposits: $2000.00
Withdrawals: $0.00
Updated: 10 Minutes ago

Sure there are no trades, that's my question, they stopped, but account is IMHO healthy and current (updated 10 minutes ago).

MicF

Member Since Nov 26, 2016  73 posts MicF Jun 16 2017 at 07:09
... but you are right, I can't explain the $45,10 between equity and balance.

On the other hand, my personal account (fully verified) had a gap of $3000.
So it might be a bug.

Previous 1 2 3 4 5 6 7 8 .. 29 Next
Loading
Loading
EURUSD 1.11174 GBPUSD 1.33352
USDJPY 109.351 USDCAD 1.31719

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2019 Myfxbook Ltd. All Rights Reserved.
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.