FXJETBOT

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FXJETBOT Discussion

Feb 09, 2023 at 22:54
4,694 Views
73 Replies
Member Since Sep 24, 2018   22 posts
Feb 11, 2023 at 07:02
What a risky strategy, with those super-sized trades you each time risk blowing the account. Is it possible to disable them in the EA?
Member Since Jan 25, 2022   165 posts
Feb 13, 2023 at 08:33
Indeed, the drawdown of this strategy is not very competitive.
Member Since Sep 24, 2018   22 posts
Feb 13, 2023 at 18:30
That's true, it's just for one order. But it happens quite regularly in backtest (for AUDUSD 15x in 5 years), and each time the risk is the complete account. Still considerable because of the impressive growth. But still a super high risk. You've got courage not to withdraw even the deposit ;)
Member Since Sep 24, 2018   22 posts
Feb 15, 2023 at 19:49
Well, you risked 27.8 k$ with a 10.9 k$ balance. So if you use 20% the risk and the big trade fails, you have less than 50% in the account.
So is there an option to disable the kamikaze trade?
Member Since Sep 24, 2018   22 posts
Feb 18, 2023 at 20:18
In the backtest I can see that those big trades have a TP of 100 pips and a SL of 1200 pips. Assuming that the strategy is the same for the live account, it's just simple math. That's not a 30% risk, but a 255% risk. Or do you have an additional drawdown protection active that is not there in the backtests? From the EURGBP backtest I can see a 85.6% relative drawdown, so you fixed the numbers well there to ever so slightly not blow up the account - but if you would put a 30% DD stop in place, the numbers would certainly look a lot different.
Member Since Feb 23, 2021   10 posts
Feb 19, 2023 at 03:54
Hi, is there anyone here using this bot and happy share the results privately??.
Member Since Apr 12, 2019   1 posts
Feb 20, 2023 at 13:32
Please can you share the bot.
Thank you
Member Since Jun 28, 2012   56 posts
Feb 26, 2023 at 07:17
Do we get access to the actual ea or is this just a copier service?
Member Since Feb 25, 2023   1 posts
Feb 27, 2023 at 12:59
What is the risk limit of the EA you are currently running?
Member Since Jul 30, 2018   1 posts
Mar 10, 2023 at 07:12
Newb question-

Are there any US fx brokers that are suitable for use w/fxjetbot? Just wondering how the US leverage limitations will affect results.

Thanks.
Member Since Mar 18, 2023   20 posts
Mar 18, 2023 at 17:34
Hi, i have a question,
If you using min deposit for 0.01 lot that will give us around 30% risk for each of the 5 EA's.
This would meen that the total combine risk would be 5 x 30% = around 150% of the balance.
Calculated this way at the begining you used a combined risk of 500% and now a 190% risk.
I am using the recomended 20% risk for each EA's that gives me a 100% risk.

My question is: can we safely use a 30% risk for each EA? Meaning that the probability of all EA's going on max DD is low enuff for that to work.
Ty
Member Since Mar 18, 2023   20 posts
Mar 21, 2023 at 06:28
Hi JET,
Ty, it realy helps me run EA in best conditions and with best settings.
Member Since Mar 27, 2023   2 posts
Mar 27, 2023 at 21:38 (edited Mar 27, 2023 at 21:42)
Hello Jet,
I‘d ask about the risk of the account. It’s currently 30%, is it from the beginning in November 2022 like that or was it changed ?
Member Since Mar 27, 2023   2 posts
Mar 27, 2023 at 21:50
Can I use the bot for one Oder two pairs?
Member Since Apr 10, 2012   1 posts
Apr 15, 2023 at 11:29
Why this count sometimes shows the message 'Track record not verified'?
Member Since Mar 18, 2023   20 posts
Apr 15, 2023 at 14:53
Pls be specific when you post cuz others will belive you without test it out.
We who put $ in it and runing it with profit like the live account can atest to the EA performence.
Member Since Nov 29, 2020   12 posts
Apr 15, 2023 at 15:13
FineTrader774 posted:
m0rius posted:
Pls be specific when you post cuz others will belive you without test it out.
We who put $ in it and runing it with profit like the live account can atest to the EA performence.
NO PROBLEM!
The Grid Martingale without a stop-loss having a drawdown of 46 % .... Do you like it that way ?


Thats the beginning when risk was higher, he said that multiple times.. its reccomended and current risk is at 20% so if things were to go bad you would only lose 20%..
Member Since Mar 18, 2023   20 posts
Apr 15, 2023 at 18:06
When the EA cuts losses the next positions it opens will get back that loss. Look in history for these events.
EURUSD loss will be regain in next open positions this month cuz is bad for bussiness to have a negative month.
Member Since Nov 29, 2020   12 posts
Apr 16, 2023 at 03:19
I noticed the track record verify thing keeps changing, is there a reason for this?
Member Since Sep 24, 2018   22 posts
Apr 16, 2023 at 09:24
Is there anybody other than the author of the bot here running it on a real money account?
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