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FXMath Trader v2.0 (By fxmathtrader)

Gain : -96.34%
Drawdown 98.99%
Pips: 523.9
Trades 62
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

FXMath Trader v2.0 Discussion

ddr555 (ddr555)
Nov 04 2015 at 08:31
176 posts
Hi,
The EA was taking one side trade and now has taken hedge trades, what is logic behind it?

Be Vegan, Make Peace
wells84
Nov 05 2015 at 07:23
10 posts
ddr555 posted:
Hi,
Can you share the name of brokers have identical results with vendor's account. My FortFS cent account have identical results.
Any one is using Pepperstone? can you share results please.


Hi!!

My broker is Activetrade

wells84
Nov 05 2015 at 07:24
10 posts
ddr555 posted:
Hi,
The EA was taking one side trade and now has taken hedge trades, what is logic behind it?


First of all....my mt4 has sold...after a couple minutes it has bought...so, I cancelled the long position. A 1 minutes ago i got gain

ddr555 (ddr555)
Nov 19 2015 at 02:22
176 posts
Hi
The reward risk ratio of this EA will reduce profit in the account. Now the symptoms of loss due to high stop loss is just started. So we need to have human intervention for closing in profit or small loss based on technical analysis.

Be Vegan, Make Peace
ddr555 (ddr555)
Nov 26 2015 at 16:25
176 posts
Hi,
The lossing ticks started now! Is there any updated version to reduce loss available???

Be Vegan, Make Peace
ddr555 (ddr555)
Dec 03 2015 at 03:09
176 posts
Main reason for losses is High stop loss i.e. Reward to Risk Ratio is very low (RRR=0.29). ALL EAs having low RRR have failed measurably.
Please revise your logic before account is wiped out.

Be Vegan, Make Peace
ddr555 (ddr555)
Dec 04 2015 at 02:28
176 posts
Last three losses are due to news release and bigger lot size causing more loss. You are increasing lot size as capital is reducing.
EA should have built in mechanism to stop trading well before high impact news release.
Do not increase lot size when capital is reduced.

I had hedged every time the this EA took trade so I had minor losses.

Be Vegan, Make Peace
FXtrader2010
Dec 04 2015 at 06:01
724 posts
Math will not survive such a low balance account, in order to survive FX trading based on math you need AT LEAST 10k. *IMO

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