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LION FX TRADER (By lionfxtrader)

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

LION FX TRADER Discussion

jossyfx (jossyfx)
Mar 10 2016 at 07:18
32 posts
I have 2200 with forex4you classic, can i use the ea on it and expect the same result, am really impressed, please gimme realized and candid advise before i purchase the ea

thanks

tonychan (tonychan)
Mar 14 2016 at 09:45
80 posts
it is not worth to buy this EA if this result.
He is using usd 30 to trade 0.01 lot. which give good result for last 3 months (100% profit per month). i dont know usd 100 for 0.01 lots, will it give good % result per month.

didarsd posted:
hey i update to my fxbook

https://www.myfxbook.com/members/didarsd/vedanand/1547787/woDX0HWoDiS5e51La34e


FXtrader2010
Mar 14 2016 at 13:27
724 posts
can someone provide a backtest maybe? 5 year or even 10 year if it isn't too much to ask? thanks

lionfxtrader (lionfxtrader)
Mar 14 2016 at 13:48
102 posts
FXtrader2010 posted:
can someone provide a backtest maybe? 5 year or even 10 year if it isn't too much to ask? thanks


any backtest, doesn't show real trade.
1) backtest it only modeling
2) the adviser is attached to the GTM broker. without automatic transition summer/winter

lionfxtrader (lionfxtrader)
Mar 14 2016 at 13:49
102 posts
tonychan posted:
it is not worth to buy this EA if this result.
He is using usd 30 to trade 0.01 lot. which give good result for last 3 months (100% profit per month). i dont know usd 100 for 0.01 lots, will it give good % result per month.

didarsd posted:
hey i update to my fxbook

https://www.myfxbook.com/members/didarsd/vedanand/1547787/woDX0HWoDiS5e51La34e



There is no difference - what deposit for the adviser.
Work with any. there are only risk levels which need to adhere -
(risk_factor=0.1 - open 0.01 lot (100 USD dep) or open 0.1 lot (1000 USD dep) - open 1 lot (10000 USD dep)

jsantos3
Mar 17 2016 at 07:25
272 posts
didarsd (didarsd)
Mar 25 2016 at 07:07
70 posts
i have this ea .....it trade at mid night...very profitable ea.

My 2 advice for vendor

1.your ea's first trade was always 100% win but 2nd entry 90% time lose as those time more fluctuation and also news impact.
2.As your first trade 100% successful...this trade can make little bigger so 2nd trade not necessary.
thanks

mhm190
Mar 27 2016 at 18:51
15 posts
patrykb
Mar 29 2016 at 12:23
6 posts
Strategy seems to be very resonable. Uses euro-asian session consolidations (at least at the first stage). But one thing makes me worry is max number of grid positions . I've made ​​some tests and got up to 6 positions. Could be more? Did you make any limitation ? Maybe time limit? What if market turn back rapidly against you?. Soon or later it turn back again but if ea open to many positions it may blow up my account. Good thing is that each next order in grid is a bit smaller.

Would it be possible for you to make a 'margin protection' option? This way each user could set his own protection level in the case of bigger drowdowns.

Besides of what I mentioned, strategy seems to be one of the most stable and profitable Ive met since some time.

walteremslie (walteremslie)
Mar 29 2016 at 15:47
96 posts
I am running a EQUITY STOP LOSS EA next to it.

If drawdown in account goes to 20% MAX DD... Then it close all positions and protect account.

Im up 30% already in 1 month... if stop loss gets hit, im still up 10%

Attached is a copy of equity stop loss EA

I have bought many copies and running on many accounts. REAL MONEY !!!

If it works for me it can work for you. Worst thing I hit stop loss. 20% Max Risk or whatever you want you can set.

GOOD JOB ALEX... Well Done

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