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inControl (By FXinControl )

Gain : +1077.09%
Drawdown 38.84%
Pips: 2893.1
Trades 172
Won:
Lost:
Type: Real
Leverage: -
Trading: Automated

inControl Discussion

CryptoLife786
Jun 26 2020 at 08:08
32 posts
robvdmeer posted:
Hi CriptoLife786,

Can you indicate which EA is attractive? They don't fake you, the account is absolutely correct. They take great risks that can be seen in history. They do this to show what is possible. But hey 3% per month at which bank do you get that? If you study their account the way you do, you will see what you get. Anyway I'm curious about your better system.


 I am not talking about profits, i am talking about Claims, when i was about to buy they said ' Run the standard setting and you will get the same results of our live account ' , well i did run and my results were not same as them, trades were identical, but gains were not so I emailed them again they said ' We are running at 100% risk of our deposit, we donot recommend you do that and run 35% risk' , If i Run with 35 % risk i get 2-3 % profit which is not that claimed, They lied and cheated , its not about profits.

and about banks and stuff, buddy there are some systems who give 5-10% gains and are running for more then 3 years, The whole point is ' YOU SHOULDN'T MIS GUIDE YOUR CUSTOMERS, AND TELL THEM WHAT THEY ASK OPENLY AND HONESTLY'.

marco_mmbiz
Jun 26 2020 at 08:58
363 posts
CryptoLife786 posted:
robvdmeer posted:
Hi CriptoLife786,

Can you indicate which EA is attractive? They don't fake you, the account is absolutely correct. They take great risks that can be seen in history. They do this to show what is possible. But hey 3% per month at which bank do you get that? If you study their account the way you do, you will see what you get. Anyway I'm curious about your better system.


 I am not talking about profits, i am talking about Claims, when i was about to buy they said ' Run the standard setting and you will get the same results of our live account ' , well i did run and my results were not same as them, trades were identical, but gains were not so I emailed them again they said ' We are running at 100% risk of our deposit, we donot recommend you do that and run 35% risk' , If i Run with 35 % risk i get 2-3 % profit which is not that claimed, They lied and cheated , its not about profits.

and about banks and stuff, buddy there are some systems who give 5-10% gains and are running for more then 3 years, The whole point is ' YOU SHOULDN'T MIS GUIDE YOUR CUSTOMERS, AND TELL THEM WHAT THEY ASK OPENLY AND HONESTLY'.


I don't think they really lied. Look on their results from January to April (see attached screenshots): 1.9% - 4% profit/month, more than 35% drawdown.
And with a different broker you can never get the exact same results as the original system. Every broker works different (with spreads, slippage, margin etc.).

But yeah, everyone needs to test and check things first. That's why I recommend people to ask for EA's with a free testing period or a 100% money back guarantee (e.g. via Paypal business payment). Never ever blindly buy good looking things and hope it will be some kind of a holy grail. 😉

Attachments:


patience is the key
bulldozer420
Jul 23 2020 at 14:01
6 posts
Please beaware, I am using this expert advisor they blocked me from commenting, DONOT BE FOOLED BY the straight line of equity/balance.

They turn off the Update as soon as they go into 20% D.D, if they recover from it which they normally have uptill they turn auto update on, thats why they have managed to hide the normal DRAWDOWNS.

This time they went into more then 45% of D.D so they turned auto update off, now as soon as the d.d is cleared up they have updated it again.


FXinControl
Jul 24 2020 at 14:54
15 posts
CryptoLife786 posted:
robvdmeer posted:
Hi CriptoLife786,

Can you indicate which EA is attractive? They don't fake you, the account is absolutely correct. They take great risks that can be seen in history. They do this to show what is possible. But hey 3% per month at which bank do you get that? If you study their account the way you do, you will see what you get. Anyway I'm curious about your better system.


 I am not talking about profits, i am talking about Claims, when i was about to buy they said ' Run the standard setting and you will get the same results of our live account ' , well i did run and my results were not same as them, trades were identical, but gains were not so I emailed them again they said ' We are running at 100% risk of our deposit, we donot recommend you do that and run 35% risk' , If i Run with 35 % risk i get 2-3 % profit which is not that claimed, They lied and cheated , its not about profits.

and about banks and stuff, buddy there are some systems who give 5-10% gains and are running for more then 3 years, The whole point is ' YOU SHOULDN'T MIS GUIDE YOUR CUSTOMERS, AND TELL THEM WHAT THEY ASK OPENLY AND HONESTLY'.

Hello CriptoLife786!
I am sorry, that you are got not what you expected. Please contact our support department and they gladly l help you to set the risk settings, that will bring you the profitability, that you are want to have.

We never claimed that the profitability of the system will be the same as ours with the default settings of 35% risks. You can even see, that we had even bigger floating drawdown on our account then 35%.
We never lie about the profitability of inControl system and if clients ask us, we always openly telling them what is the profitability according to different risks. Our support always says, that you will get the same trades at your account, as we have on our own (official account). This is the main thing that usually is matters for our customers. When trades are the same, your profitability just depends on the risks you use and all it in your hands. Yes, we recommend not to trade with all the deposit, because the security of your investments is matters for us. Some scammers EAs have good trading results and when you trade with it at your account, you get absolutely different trades compared to their official account, and your trading not profitable. In our case it's impossible and profitability depends on risks that you are willing to bear - it couldn't be in another way.
I would also like to draw your attention to the fact that the profitability of the system can vary from month to month - you also can see it at our account.

FXinControl
Jul 24 2020 at 15:27
15 posts
bulldozer420 posted:
Please beaware, I am using this expert advisor they blocked me from commenting, DONOT BE FOOLED BY the straight line of equity/balance.

They turn off the Update as soon as they go into 20% D.D, if they recover from it which they normally have uptill they turn auto update on, thats why they have managed to hide the normal DRAWDOWNS.

This time they went into more then 45% of D.D so they turned auto update off, now as soon as the d.d is cleared up they have updated it again.



Hello bulldozer420!
Can you provide your email (you can do it in a personal message) so we will be able to identify you as our customer?
You have described some conspiracy theory about us, but fortunately for us 😄 , and unfortunately for you - it does not correspond to reality.
When Myfxbook calculates the drawdown index, it takes the history of trades, quotes history, and compared it all, to calculate exactly accurate drawdown. It doesn't matter when you add the account to myfxbook or did you pause the updating - it will always calculate right drawdown. All these facts that I described, could be easily confirmed by myfxbook support - feel free to contact them about that.
I hope it's just a misunderstanding on your part and now we have with you, everything will be fine 😄

P.S. If what you did announce here, were true, will we allow to show a drawdown of 38% (if we are bad guys as you said)? I think we would prefer to make a drawdown of 15% and never exceed it 😁

bulldozer420
Jul 29 2020 at 13:03
6 posts
FXinControl posted:
bulldozer420 posted:
Please beaware, I am using this expert advisor they blocked me from commenting, DONOT BE FOOLED BY the straight line of equity/balance.

They turn off the Update as soon as they go into 20% D.D, if they recover from it which they normally have uptill they turn auto update on, thats why they have managed to hide the normal DRAWDOWNS.

This time they went into more then 45% of D.D so they turned auto update off, now as soon as the d.d is cleared up they have updated it again.



Hello bulldozer420!
Can you provide your email (you can do it in a personal message) so we will be able to identify you as our customer?
You have described some conspiracy theory about us, but fortunately for us 😄 , and unfortunately for you - it does not
correspond to reality.
When Myfxbook calculates the drawdown index, it takes the history of trades, quotes history, and compared it all, to calculate exactly accurate drawdown. It doesn't matter when you add the account to myfxbook or did you pause the updating - it will always calculate right drawdown. All these facts that I described, could be easily confirmed by myfxbook support - feel free to contact them about that.
I hope it's just a misunderstanding on your part and now we have with you, everything will be fine 😄

P.S. If what you did announce here, were true, will we allow to show a drawdown of 38% (if we are bad guys as you said)? I think we would prefer to make a drawdown of 15% and never exceed it 😁




Then can you explain whenever you go into DRAWDOWN why your account stops updating?
Yes it shows max 38% D.D it is because you got sloppy, your D.D'S are not visible in fxbook account and all we see is a straight equity/balance curve, in reality your trades go into 10-20% D.D on average which we cannot see in Fxbook.

Now the only logical explanation is which i observed myself is you stop the updating and when the D.D is cleared up you start it again, some how its working for your account, and fxbook is not even considering your usual drawdowns but only the max drawdown even that is not visible if we click on drawdowns in your official account.

So the question is ' WHY DO YOU STOP UPDATES' ??????

nogster
Aug 10 2020 at 00:27
1 posts
Why does backtesting not work with M30 TF? Keeps saying to use 1H but your BT example is using M30?

2020.08.10 08:07:06.472 2020.06.12 11:30:00 Forex inControl Full AUDUSD,M30: Alert: You are able to make backtest only on H1 Period

FXinControl
Sep 01 2020 at 14:17
15 posts
bulldozer420 posted:
FXinControl posted:
bulldozer420 posted:
Please beaware, I am using this expert advisor they blocked me from commenting, DONOT BE FOOLED BY the straight line of equity/balance.

They turn off the Update as soon as they go into 20% D.D, if they recover from it which they normally have uptill they turn auto update on, thats why they have managed to hide the normal DRAWDOWNS.

This time they went into more then 45% of D.D so they turned auto update off, now as soon as the d.d is cleared up they have updated it again.



Hello bulldozer420!
Can you provide your email (you can do it in a personal message) so we will be able to identify you as our customer?
You have described some conspiracy theory about us, but fortunately for us 😄 , and unfortunately for you - it does not
correspond to reality.
When Myfxbook calculates the drawdown index, it takes the history of trades, quotes history, and compared it all, to calculate exactly accurate drawdown. It doesn't matter when you add the account to myfxbook or did you pause the updating - it will always calculate right drawdown. All these facts that I described, could be easily confirmed by myfxbook support - feel free to contact them about that.
I hope it's just a misunderstanding on your part and now we have with you, everything will be fine 😄

P.S. If what you did announce here, were true, will we allow to show a drawdown of 38% (if we are bad guys as you said)? I think we would prefer to make a drawdown of 15% and never exceed it 😁




Then can you explain whenever you go into DRAWDOWN why your account stops updating?
Yes it shows max 38% D.D it is because you got sloppy, your D.D'S are not visible in fxbook account and all we see is a straight equity/balance curve, in reality your trades go into 10-20% D.D on average which we cannot see in Fxbook.

Now the only logical explanation is which i observed myself is you stop the updating and when the D.D is cleared up you start it again, some how its working for your account, and fxbook is not even considering your usual drawdowns but only the max drawdown even that is not visible if we click on drawdowns in your official account.

So the question is ' WHY DO YOU STOP UPDATES' ??????


Hello,
Sometimes we can stop updating because of some technical work or sometimes we have in-house reason to do it. How exactly drawdown is calculated and showing here is depends on the myfxbook, not from our actions. Following your logic, our account must be stopped updating for almost all the time. You can't see floating drawdown at graph because myfxbook for some reason can't determinate it. Possibly because of the way how our robot works and we are not an exception - there is much monitoring of trading systems, that have no floating drawdown graph. Anyway, if this could be helped us somehow make lower drawdown, our drawdown would be shown as 17%, like it is in our MT4 history - I have attached a screenshot.




Attachments:


FXinControl
Sep 01 2020 at 14:25
15 posts
nogster posted:
Why does backtesting not work with M30 TF? Keeps saying to use 1H but your BT example is using M30?

2020.08.10 08:07:06.472 2020.06.12 11:30:00 Forex inControl Full AUDUSD,M30: Alert: You are able to make backtest only on H1 Period


Hello nogster,
For our robot, it's no matter what TimeFrame to use - it could be any because we coded it inside our EA. But some of our clients kept asking us -'but which one is better?', that is why we have specified only one as recommended (H1), so our clients could be calm that they use the best TF 😄

caringloriana
Sep 07 2020 at 05:59
26 posts
I’m not completely with EAs on the trust factor. I prefer trading at a time when I’m absolutely free to monitor the price movements myself.

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