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Mbelgedes KW4 (By Hery Setiawan )

Gain : +1820.14%
Drawdown 31.53%
Pips: 335.1
Trades 1533
Type: Real
Leverage: 1:500
Trading: Automated

Mbelgedes KW4 Discussion

Aug 13 2014 at 21:43
267 posts
just used default settings. loss 80% of trades. had to stop using after 4 days.

Aug 20 2014 at 05:44
124 posts
Since the author of the EA recommended the broker OctaFX for his EA, I went to check the Client Agreement from this broker. It raised my concern on clause 4.9. With this clause the broker has the right to null all profits earned by the EA.

4.9. In exceptional cases short-term orders lasting less than 180 seconds can be cancelled should they be considered an abuse.

Here is the link to the PDF:

Closer look at the closed trades done by the EA. Most trades closed shorter than 180 seconds, giving room for broker to null these trades, if they wanted to.

I'm not against this wonderful EA, but on the choice of the broker. Hope the author could test and recommend other brokers that his EA could run profitably on. Thanks.

Aug 26 2014 at 11:21
198 posts
Hi Hery,

Please keep updating myfxbook account to follow up the performance of the EA and to match it to others..
It hasn't been updated since beginning of this week..


Hery Setiawan (yellowhat89)
Aug 26 2014 at 12:13
14 posts
I don't know why myfxbook doesn't update the last trade.
please check this:

Small Deposit, Big Profit
Sep 29 2014 at 06:47
1 posts
Why are you disabled my account, and private messages are not answering?

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