Ichi Scalper Live (Risk level 2 out of 5) (By forex_trader_77493)
The user has deleted this system.
Ichi Scalper Live (Risk level 2 out of 5) Discussion
Member Since Dec 08, 2010
140 posts
Nov 09, 2012 at 16:43
tiag posted:hi,
thx young chang.
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.
you mean with this ea, one can lose the entire account when equity protection is not used right?
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
forex_trader_77493
Member Since May 14, 2012
24 posts
Dec 02, 2012 at 00:27
Please read the FAQ this EA is not for everyone.
During a sideways market this EA has returned substantial gains, when this sideways market ends is anyone's guess - the fundamental reason why they are in sync is still in tact - the underlying the commodities market (gold, ore, etc) and the stability of the AUD dollar with the fall of the EURO. If America goes into hyperinflation this would cause a strong trending market and thus this EA would loose your account.
I would put the equity protection at 50% at level 5 and 40-45% at level 2.
At level 5 it has made over 25% per month, at level 2 it's about 7% gain per month.
I also say that wear possible realise your gains then use these gains as what you end up risking.
During a sideways market this EA has returned substantial gains, when this sideways market ends is anyone's guess - the fundamental reason why they are in sync is still in tact - the underlying the commodities market (gold, ore, etc) and the stability of the AUD dollar with the fall of the EURO. If America goes into hyperinflation this would cause a strong trending market and thus this EA would loose your account.
I would put the equity protection at 50% at level 5 and 40-45% at level 2.
At level 5 it has made over 25% per month, at level 2 it's about 7% gain per month.
I also say that wear possible realise your gains then use these gains as what you end up risking.
forex_trader_77493
Member Since May 14, 2012
24 posts
Dec 09, 2012 at 16:03
Hi Gevsilent,
Currently it is exlusive to Synergy.
Currently it is exlusive to Synergy.
Member Since Aug 22, 2009
390 posts
Dec 28, 2012 at 17:59
tiag posted:
Hi Gevsilent,
Currently it is exlusive to Synergy.
Did you stop trading with your EA?
No trade since 12/21/2012
youngchang@
forex_trader_77493
Member Since May 14, 2012
24 posts
Dec 28, 2012 at 21:04
Hi All,
The EA is trading well, I am on holidays.
Logging in read only to my accounts: Ichi 2 out of 5 is up 67% and 5 out of 5 is up 87%.
For some reason my server is not sending updates to myfxbook - i have had this issue a couple of times. I cannot access my home server remotely, I will be back on the 14th of Jan and resync it then.
The EA is trading well, I am on holidays.
Logging in read only to my accounts: Ichi 2 out of 5 is up 67% and 5 out of 5 is up 87%.
For some reason my server is not sending updates to myfxbook - i have had this issue a couple of times. I cannot access my home server remotely, I will be back on the 14th of Jan and resync it then.
forex_trader_77493
Member Since May 14, 2012
24 posts
Jan 09, 2013 at 06:18
It has not blown up. I am back from overseas this monday. I logged into the accounts and 2 out of 5 is at 69.33% and risk 5 out of 5 is at 95.3% up.
Member Since Aug 22, 2009
27 posts
Jan 12, 2013 at 18:19
IchiFx site is unavailable. Is it a planned maintenance period now?
forex_trader_77493
Member Since May 14, 2012
24 posts
Jan 14, 2013 at 06:24
Ichifx.com is up. Back from overseas, finding out what the connection issue is to myfxbook. Gevsilent - just because we only sell it through Synergy no need to be so disrespectful - otherwise I will report you. You have asked to buy the software so you can use any broker and we don't do this currently.
forex_trader_77493
Member Since May 14, 2012
24 posts
Jan 14, 2013 at 06:44
Ok the Risk 2 out of 5 is working properly for reporting. I have raised an issue with Myfxbook for the 5 risk. It is showing the right values but now showing unverified, even though in the manage accounts it is verified. When Myfxbook fix problem, so I can perform a full sync with my metatrader and comparison with broker.
This should be fixed shortly
This should be fixed shortly
Member Since Aug 22, 2009
27 posts
Jan 14, 2013 at 08:36
tiag posted:
Ichifx.com is up.
Thank you for your reply. I have just checked it again and I still cannot reach ichifx.com from Europe. My browser says the possible reason is 'Your DNS server might be unavailable.' Please help me, how I could get your website.
Regards,
Chrisstoff
forex_trader_77493
Member Since May 14, 2012
24 posts
Jan 14, 2013 at 11:55
Hi Chrisstoff,
Can you get someone else to check www.ichifx.com, preferably someone who has a mac and on a different ISP. I have tested the site from US and Australia and it is working.
Is anyone else having this problem? Maybe the hosting service ichifx is using is stopped by your ISP
cheers,
andrew
Can you get someone else to check www.ichifx.com, preferably someone who has a mac and on a different ISP. I have tested the site from US and Australia and it is working.
Is anyone else having this problem? Maybe the hosting service ichifx is using is stopped by your ISP
cheers,
andrew
