MFM4 (By ex4systems)
The user has deleted this system.
MFM4 Discussion
Feb 19, 2015 at 07:28
Are you running all the pairs prescribed by the vendor? Also what are the logic behind the trades of this EA? How does it enter and exit a trade? I started the EA on a Live account with just a small fund first. Hope it performs well.
If anyone is performing better on a custom setting please care to share here.
Thank you. Good luck to everyone! =)
If anyone is performing better on a custom setting please care to share here.
Thank you. Good luck to everyone! =)
Member Since Jan 25, 2010
1360 posts
Feb 19, 2015 at 10:27
(edited Feb 19, 2015 at 10:32)
mikemeng posted:
I use manual settting. m15,m30
You didn't answer my question: WHY do you trade M15 Demo and M30 Live? 😕
Could it be because:
a) you have optimised for both found M30 works well, but are unsure of M15?
b) you have two accounts and cannot be bothered opening a second Demo account to test?
c) ...another good reason?
I find your strategy strange and would like to better understand the reasoning behind your decision to do this, as I (and others) are inclined to take your advice into consideration.
sparco21 posted:
Are you running all the pairs prescribed by the vendor? Also what are the logic behind the trades of this EA? How does it enter and exit a trade? I started the EA on a Live account with just a small fund first. Hope it performs well.
If anyone is performing better on a custom setting please care to share here.
Thank you. Good luck to everyone! =)
You should not start ANY EA on a real money account until you understand how it works FIRST! Haven't you looked at my profile yet? My profile is littered with failed accounts because I was once like you and every EA I tried I thought 'This is definitely going to work! Programmers always know what they are doing: they created this EA with knowledge and skills, and default settings are the optiimum settings to use.' 😲
I look back now and had I saved my money until I found a decent strategy that worked I would: a) no longer be hanging out on forums, b) enjoying my life, and c) helping others out in the REAL world. 😞
Please use new EAs on a DEMO account until you can answer those questions you ask! You should KNOW (not HOPE) it will perform well before trying a REAL account.
Member Since Jan 25, 2010
1360 posts
Feb 20, 2015 at 23:31
(edited Feb 20, 2015 at 23:31)
ex4systems posted:
MFM3 and MFM4 are two different EAs... There is no upgrade.
MFM3 and MFM4. Either:
a) This IS an upgrade, or
b) Vendor has little imagination and can't name his EAs uniquely (1, 2, 3, 4, etc.)
But to his credit he has relented and provided MFM3 customers with MFM4 access. Is this in fact an upgrade...?
Perhaps he is correct: 'there is no upgrade' - he just renamed MFM3 to MFM4 and hopes no one will notice... 😉
It is too soon to know whether this is any improvement on his MFM3...
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