Not updated for 23 hours. So this myfxbook is turned off on this account while it has open trades. When trades are closed, it is turned on and trades show in history. This way it avoids showing the true degree of drawdown while trades are open.
Not sure why both Synergy and this vendor are both providing it but it's free from Synergy and $487 from the vendors page.
Muzzamcc is correct, the above link is the same EA, but it is updating correctly. But the only way to get the EA is through opening up a funded trading account with Synergy FX. The EA won't work on other servers, it will come up with an error. I know this because I introduce clients to Synergy FX through my rebate company, Rebates Forex. Rebates Forex has worked out a special promotion with Synergy FX to give the first 50 clients to open a funded account this EA for free, rather than paying $97 for it. Also, you would receive .35 pips back on all your trades. Spreads/Commission/Execution are exactly the same as opening up an account through Synergy FX directly.
I'm not necessarily trying to promote Rebates Forex, I just wanted to give everyone on this thread the right information because this EA looks promising! If you were looking to trade with Synergy FX and want the EA for free and rebates, then here's the link: https://www.rebatesforex.com/brokers/synergy-fx
Apologies on the auto update, my firewall has been blocking the outbound calls to update to myfxbook and hadn't determined the problem, so had to do this manual - by posting the statement file to myfxbook client directory. This problem has now been rectified - aka firewall port allowed.
The EA running is running on risk level 2 which is the default. With risk 4 the return was 2-3 times this higher though at a greater risk.
I'm on existing SynergyFX client, and I opened up an account through their link the other day (although I'm yet to purchase the EA). Is there any way that I cn use this account to qualify for your rebate program and receive the EA for free?
Jsantos - have you read the FAQ? It states how the lot size is determined and how many trades there will be. There is a maximum of 10 trades, by 10 trades the lot size is high and needs only a small move in it's direction. If it gets a large move against it after 10 trades then this could loose a your account. There is an equity protection flag. On backtesting depending on the year there are 5-10 days a year where the EA would have lost your account. Minimum equity protection we suggest is 40% as in larger trades 20-30% drawdown is normal. Currently we are experiencing a really good sideways market, hence the very low drawdown.
No I only work for ichifx.com, this is the ichi scalper. Our trading bot has an exclusive agreement with www.SynergyFX.com.au. It is coded to work only on Synergy FX as a broker.
There are introductory brokers for Synergy that sell to customers and make it look like theirs.
I found the, 'Our firm values integrity, dedication, and the provision of unprecedented opportunity. ....Utilizing a strategy brought to our organisation by our trading team that had been developed over many years, it stipulates a trading approach that targets solid returns while also managing risk.' Quite funny as they are saying they developed it and they integrity. There is a lot of shonkyness out there in the market place.
With our FAQ on www.ichifx.com we give people understanding on how it works and the risks involved. This EA is not for everyone.
I will put up a level 5 risk verified shortly. That is doing over 25% per month, though at a lot higher risk.
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.