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MFM5 FXChoice (By ex4systems )

The user has deleted this system.

MFM5 FXChoice Discussion

rob559
Sep 28 2015 at 09:03
1916 posts
anybody having this ea ready to share their experience please come forward😄

bundesrepublik
Oct 15 2015 at 06:07
192 posts
hmm...USDCAD is just loosing...

FXtrader2010
Oct 15 2015 at 16:48
724 posts
rob559 posted:
anybody having this ea ready to share their experience please come forward😄
I have used this EA for a long time, impossible to backtest. I recommend you keep risk VERYYY low. It wins a lot and can build up nice but when the loss comes it gets real messy. It used to not even have a SL and now I think it just exits on the retrace.

berdj1
Dec 01 2015 at 07:35
17 posts
I find you have to check the best winning combinations

niken_16
Jan 03 2016 at 08:21
1 posts
how if i use leverage 1:500 using this MFM5? will it increase the risk? or the EA will auto adjust the trade based on my leverage?

The author said in FAQ of this EA https://mfm5.ex4systems.com/index.php,

'How does the EA manage news releases? I will turn off the EA from the server during significant news releases and some holidays.'

Does it mean that this EA is more like copy signal / signal trading, so when the author stop EA our trades will also stop?

Can we broadcast our trading signal when activating this EA, so that other account may copy trade by signal? If it is possible, is it allowed to sell our signal, for example on MQL5 market.

thanks~

Frank
RedRhinoFX
Jan 06 2016 at 08:35
395 posts
author can stop the EA at anytime remotely since you need to connect to his server.

hishamzz
Jan 12 2016 at 06:34
21 posts
How exactly does this EA work? Does the EA itself generate trades or is it a central server which copies the trades on the EA? And what are the available means of controlling the behaviour of the EA? Risk/Pairs etc? Anyone has any clue?

Zz

FXtrader2010
Jan 12 2016 at 07:20
724 posts
hishamzz posted:
How exactly does this EA work? Does the EA itself generate trades or is it a central server which copies the trades on the EA? And what are the available means of controlling the behaviour of the EA? Risk/Pairs etc? Anyone has any clue?

Zz
EA does all the trading for itself, the optimal settings are downloaded from a main server as well as the pairs which to be trading with. There is lots of settings for you inside the EA in terms of risk

meetkk
Feb 01 2016 at 08:30
14 posts
I just now buy this EA, But the version of mt4 is build 108. one which I am using is verson 4.0 build 950.
Can anybody knows how to deal with this problem?

btw, the version of build 108 is so low......


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