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MFM7 (By ex4systems )

The user has deleted this system.

MFM7 Discussion

Andy Zatt (fastdrive55)
Dec 05 2016 at 12:35
101 posts
It is a very passive system. To me it seems this is an effect because of the formidable crash the MFM5 system had a couple of weeks ago.
As I said before, both MFM are strong EA's. But the information policy of the creator is not.

You haven't been around lately.
Rustan mallari (tankbeta)
Jan 06 2017 at 16:09
171 posts
blown 2 accounts with mfm5 and mfm7

its good with range market but with news. it crashes! whats shocking is vendor trade is different from client trades. thats why you can see the vendors is still surviving while other clients accounts already crashed

Plan your trades and trade your plans.
Ryan (ryang123)
Jan 06 2017 at 16:34
85 posts
Asian scalpers do not work during times of high volatility.

Choose a good reputation over great riches (PROVERBS 22:1)
Rustan mallari (tankbeta)
Jan 06 2017 at 16:45
171 posts
ryang123 posted:
Asian scalpers do not work during times of high volatility.


how is your mfm7? is it still running?

Plan your trades and trade your plans.
Ryan (ryang123)
Jan 06 2017 at 19:04
85 posts
tankbeta posted:
ryang123 posted:
Asian scalpers do not work during times of high volatility.


how is your mfm7? is it still running?


I like your quote, plan your trades....!
I took mine down at the beginning of december. Had too much volatility going on. It does great when S/R holds but that is only during slow times of the year. If you look at my MAM, NJFX, you can see a huge loss (about 12%) on 11/28. That was partly because I hedged the trade the MFM7 took. Later after that, it totally blew my test account labeled MFM5 and MFM7. I was testing different risk levels with this account and it was somehow left on over Italian referendum. That was just careless on my part, knowing it can not trade during times like that. For now, on the MAM, I'm running Flex EA and some good 'ol discretionary trading! Also running Funnel Trader on a separate account and small test account with Inertia Trader, both doing great.

Choose a good reputation over great riches (PROVERBS 22:1)
Frank
RedRhinoFX
Jan 08 2017 at 09:13
395 posts
tankbeta posted:
blown 2 accounts with mfm5 and mfm7

its good with range market but with news. it crashes! whats shocking is vendor trade is different from client trades. thats why you can see the vendors is still surviving while other clients accounts already crashed


It was the GBP flash crash that demolished the clients accounts. How the vendor avoided that spike is unknown to us.

Rustan mallari (tankbeta)
Jan 08 2017 at 14:33
171 posts
RedRhinoFX posted:
tankbeta posted:
blown 2 accounts with mfm5 and mfm7

its good with range market but with news. it crashes! whats shocking is vendor trade is different from client trades. thats why you can see the vendors is still surviving while other clients accounts already crashed


It was the GBP flash crash that demolished the clients accounts. How the vendor avoided that spike is unknown to us.


a good review for future buyers of mfm7.

Plan your trades and trade your plans.
Sergey (SeriyGena)
Mar 01 2017 at 07:35
4 posts
I have bought it recently. I didn't set all pairs,on these i set , there is poor matching between my and vendor account. But i am running this for several days only. I had send several questions to support and was not responded.

Andy Zatt (fastdrive55)
Mar 27 2017 at 12:23
101 posts
MFM7 took a BIG dip March 15, 2017, USDJPY. Ca.12% Not sure what happened there. It is suprising there was no stop active.

You haven't been around lately.
Stead (ramsey)
Mar 26 2019 at 11:03
22 posts
hello any news on the website and download server being unavailable??
Did this guy get hacked?

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