To use chat, please login.
Back to contacts

LION FX TRADER (By Alex )

Gain : +1051.44%
Drawdown 38.78%
Pips: 2485.6
Trades 868
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

LION FX TRADER Discussion

successwill
Dec 30 2016 at 15:22
247 posts
bundesrepublik posted:
hi, thanks for the update..I have swited the EA off... so will run it again on the 2nd of January

so you switched the EA off while there were 19 trades open? and you didnt burn the account?
bundesrepublik
Dec 30 2016 at 15:33
192 posts
no, bcz my risk is only 0.005...so there was not much damage..I'm running this EA along many others
successwill
Dec 30 2016 at 16:04
247 posts
bundesrepublik posted:
no, bcz my risk is only 0.005...so there was not much damage..I'm running this EA along many others

hmm i see.. hows the performance with that risk?
Dan (dan1b)
Dec 30 2016 at 16:24
14 posts
a questions to Alex:
why the EA don't use stop loss, so it want blow the account?
why it continues to open many positions over and over against the trend?
where is the logic of this EA?
Eagles and Falcons will not be accepted as a members in the Cuckoos club
bundesrepublik
Dec 30 2016 at 17:53
192 posts
successwill posted:
bundesrepublik posted:
no, bcz my risk is only 0.005...so there was not much damage..I'm running this EA along many others

hmm i see.. hows the performance with that risk?

well... its not much, but I'm running few EA's so the Profit of this EA is just a slice of the PIE.

bundesrepublik
Dec 30 2016 at 17:54
192 posts
dan1b posted:
a questions to Alex:
why the EA don't use stop loss, so it want blow the account?
why it continues to open many positions over and over against the trend?
where is the logic of this EA?

Good question..
SnapDragon2016
Dec 30 2016 at 18:25
102 posts
It does use a stop loss of sorts.

I noticed that the stop point is inconsistent.

It seems the SL is triggered by changes in the indicator rather than a set number.

That is good because it makes it hard for the broker to push you to stop loss.

They would have to be able to control the indicators.
That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
LIZAN Trader Pro (abidicivil)
Jan 02 2017 at 15:20
3 posts
Hello Alex
Thx for your Excellent robot
But why you use macd and moving average ?
 

Attachments:

Alex (lionfxtrader)
Jan 05 2017 at 08:45
102 posts
abidicivil posted:
Hello Alex
Thx for your Excellent robot
But why you use macd and moving average ?
 

Dear, It doesn't work in a tester of strategy. But is important very much in real trade
Alex (lionfxtrader)
Jan 06 2017 at 19:19
102 posts
dan1b posted:
a questions to Alex:
why the EA don't use stop loss, so it want blow the account?
why it continues to open many positions over and over against the trend?
where is the logic of this EA?


I am many time, already answered this question here.
Stop level individual depends every day on open positions in the market.
It to pay off not on balance, and on algorithm indicators. also can be different depending on a market situation
SnapDragon2016
Jan 07 2017 at 16:12
102 posts
Alex HAS answered this many times my friend.

I like that this EA bases its SL and TP on the indicators.

When you set a hard SL or TP on your chart the broker can see that.

I assure you that trades will hit SL and TP, it just won't be obvious to your broker when it will happen.

There are a lot of cases of brokers manipulating the system to make sure you hit SL, but if they can't see it then they can't do it.

Alex, please don't change a thing.

I am almost there to start with my live account, just having a little trouble setting up with my broker.


That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
fxglobaltrader
Jan 08 2017 at 08:32
2 posts
Really super adviser! thanks for your work Alex
bbulcsu72
Jan 09 2017 at 13:58
17 posts
Hi, I just purchased this EA. Looks promising. My question: Which GMTOffset setting should I use for my VPS located at the CST (Chicago) time zone? Is it -6?
Alex (lionfxtrader)
Jan 10 2017 at 08:52
102 posts
bbulcsu72 posted:
Hi, I just purchased this EA. Looks promising. My question: Which GMTOffset setting should I use for my VPS located at the CST (Chicago) time zone? Is it -6?

GTM not you or you VPS. ONLY you broker
bbulcsu72
Jan 10 2017 at 15:17
17 posts
Ah, ok. Got it.
Thanks!

lionfxtrader posted:
bbulcsu72 posted:
Hi, I just purchased this EA. Looks promising. My question: Which GMTOffset setting should I use for my VPS located at the CST (Chicago) time zone? Is it -6?

GTM not you or you VPS. ONLY you broker
successwill
Jan 10 2017 at 16:49
247 posts
Alex, does this use DLL? i am asking because ill use mql vps and mql doesnt allow DLL imports.
SnapDragon2016
Jan 10 2017 at 17:50
102 posts
successwill posted:
Alex, does this use DLL? i am asking because ill use mql vps and mql doesnt allow DLL imports.

I already asked him that and he said its not needed.
That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
successwill
Jan 10 2017 at 18:27
247 posts
SnapDragon2016 posted:
successwill posted:
Alex, does this use DLL? i am asking because ill use mql vps and mql doesnt allow DLL imports.

I already asked him that and he said its not needed.

you mean mql is fine?
SnapDragon2016
Jan 10 2017 at 19:35
102 posts
I use MQL5.com for my VPS

I unchecked the .DLL box as well and it works fine.
That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
integrafx
Jan 11 2017 at 15:23
8 posts
SnapDragon2016 posted:
I use MQL5.com for my VPS

I unchecked the .DLL box as well and it works fine.

DLL did not use in this EA
Please login to comment .