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Gain : +2554.88%
Drawdown 6.88%
Pips: 1277.0
Trades 431
Type: Real
Leverage: 1:500
Trading: Unknown

FXMAXIMAL V2.03 - REAL Discussion

Apr 22 2017 at 05:31
272 posts
This is a night scalper. I wonder why this weekend trades are staying open over the weekend. This had not happened before.

Apr 23 2017 at 07:22
16 posts
Anyone using this EA? The stats is just very good.

Apr 25 2017 at 12:37
25 posts
I was considering buying it because the stats look quite promising. However it makes me suspicious that they state on their web site that they never refund money if you're not satisfied. (see - 'In case of (ECN EA) or any outer expert advisor or any payment outer then this, all our sales are final. We do not refund the payments in any case.')

What's also strange is that they claim it to be a non-martingale EA - why do they hide the lot sizes here on MyFxBook?

incometrader (incometrader)
Apr 26 2017 at 06:00
157 posts
I agree - hiding the lot sizes tells me it's a martingale or at the very least using position sizing to make up for losses. Which is not necessarily a problem but the fact they hide it tells me the vendor has something to hide and is not trustworthy.

Apr 26 2017 at 11:26
10 posts
Actually it doesn't appear to be a Martingale? You can see the FPA test with all transactions and lot sizes - they seem to be consistent, unless it's a reverse martingale?

I am suspicious of its high win rate though (95%) and also the bulk of its profits were made in its first month (490%), and since then it has been averaging far less (20% per month). Tactics changed?

That's still quite good, but not the 11% per week that you would expect based on its total average P/L.

Apr 26 2017 at 11:26
10 posts
Also it doesn't appear to be a night scalper - I see trades taken all times of the day. It would be nice to have a review from someone.

Apr 26 2017 at 11:34
10 posts
The terms also make this seem like a signals service? Why do you need a 'subscription'? Why would they be sending orders to your account?

'You should provide the data necessary for our system to send orders to your account (Metatrader4 account number for each system).

That while you are subscribed you can change your Metatrader account number, from a demo account to a real account, by example. not going to cancel your subscription at the Payment Gateway. If the Payment Gateway charges you a receipt for us, after the trial period, is not obligated to return back this amount. You are responsible for the status of your subscription and payments.'

Apr 26 2017 at 13:50
25 posts
I have the impression that the terms are copied from somewhere and not edited carefully.

Anyhow. If I read 'all our sales are final. We do not refund the payments in any case' this prevents me from 'trying' it.

Apr 26 2017 at 13:50
25 posts
Also to mention: The last update was Apr 22 at 03:02 - so the french election's gap is not yet visible...

robrob (robrob)
Apr 28 2017 at 11:09
7 posts
but it been on market quite a while? but how come no users have posted their results?

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