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Metamorphose (By Ashlynne )

The user has deleted this system.

Metamorphose Discussion

Akinwale (leverconsult)
Mar 03 2011 at 10:08
140 posts
Hi,
which EA are you using and how can i get it?

Thanks
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
howie
Mar 03 2011 at 17:22
1 posts
Ashlynne
Mar 06 2011 at 10:32
31 posts
Hi Leverconsult,

The EA is MartingaleHedger. I believe you can't get this EA anywhere cos I coded it myself. 😄
This EA is good for long term passive income.

Thx & regds,
Ashlynne

SolarFX (forexma)
Mar 06 2011 at 10:56
1332 posts
57% DD
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
junglist00
Mar 06 2011 at 21:41
38 posts
assuming all trades open with a SL of 70 ... drawdown may not be calculated properly ...
i have an alternate hedge ea, entry may not be same ... will try to see if i can get similar results ...
2 trades max ... 1 buy ... 1 sell , hedge at 35 pip , stop loss 70 , multiplier 1 , ...
Ashlynne
Mar 07 2011 at 15:34
31 posts
In continuous trending there will be a considerable high DD. It should be very safe to start with a $3K with the settings I used here. This system was designed for long term steady profits and not to get rich fast. With a minimum of $3k initial deposit, I believe this EA would not see a margin call.

Regards,
Ashlynne
junglist00
Mar 07 2011 at 17:31
38 posts
I would think that you would want trending to reduce drawdown ...
Ashlynne
Mar 07 2011 at 17:51
31 posts
Hi,

I'm under the assumption that you are referring to a regular Martingale-Hedging technique, which yo-yo during a ranging market hoping to catch a trend in the US session to break-out a profit. My EA is quite the opposite. 😄

Cheers,
Ashlynne
didi
Mar 08 2011 at 06:25
2 posts
Hey sis,
Ahwern from carigold.

Still waiting your EA and the reply.
Kindly check ya.

Thanks.. =)


Regards,
ahwern
yeemeng (yeemeng)
May 30 2011 at 02:06
4 posts
Could be a bug in your EA recently?

The upwards thrust of USDCHF & GBPUSD is merely 450pips, it should be able to bring the trades to such a big lot size.

What's wrong ?
Small Knife Cut Super Big Tree.
Ashlynne
May 30 2011 at 13:28
31 posts
Hi YeeMeng,

No bugs in my EA. It's due to the increased lot size. I had increased the lot size for GbpUsd and added another 2 more pairs to trade. Didn't last for 2 weeks as that was way over leveraged. Guess I paid the price for being greedy. 😝😝😝

Regards,
Ashlynne
uda (uda7805)
Jun 01 2011 at 16:18
103 posts
sometimes need to accept lost before it getting worst... i learnt the hard way too.... huhuhuhu
Hantam la labuuu. Harap rezeki kat FX nih...
yeemeng (yeemeng)
Jun 07 2011 at 15:12
4 posts
Whats you next plan ? New account and continue running new EA ? :)
Small Knife Cut Super Big Tree.
Ashlynne
Jun 08 2011 at 14:57
31 posts
I've made some modifications to the existing EA. Hedging take-profit would be more aggressive but stop-loss is maintained. Will run this EA soon. 😄

~Ashlynne~

Forex Anadova
Forexanadova
Jun 08 2011 at 15:26
186 posts
The purpose of the EA is to avoid human factors to interfiere. You increased lot and lost all the cash. For next EA, stick to MM and let the EA trade. If indeed it is a long term EA, why risk by increasing lot size?.

Good luck!
Ashlynne
Jun 08 2011 at 16:39
31 posts
The long-term settings had been attained. Sticking to it will only accrue to my benefit. I wanted to explore beyond the comfortable zone, which would render me some insights on the extent this EA could go prior to making the necessary modifications to enhance it. Too bad I pushed it too far and lost the account. 😝 Will run the enhanced EA soon. My intent is to generate 3.5% daily profit. The previous EA was raking in 2.5% daily.

Regards,
Ashlynne
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