The Money Tree (By leapfx)

Gain : +15373.13%
Drawdown 46.52%
Pips: 4636.0
Trades 886
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

The Money Tree Discussion

May 12, 2022 at 17:20
20,353 Views
116 Replies
Member Since May 26, 2022   17 posts
Jun 03, 2022 at 12:07
@leapfx I thought this system was not supposed to use any martingale approach?
Member Since Nov 26, 2021   7 posts
Jun 03, 2022 at 12:22
check the attachment, one of the leapfx member said the system is using cost average, which is martingale I think.

Attachments:

Member Since May 26, 2022   17 posts
Jun 03, 2022 at 12:25
@fxpayback @leapfx so it still averages down (losers add to losers...). Hmmm...
Member Since May 22, 2018   197 posts
Jun 03, 2022 at 14:24
No it does not average down loser after loser. It typically limits to 2 trades on a pair. 2nd trade can increase lot size, NOT double. And after that once trades close it goes back to original.
Member Since Oct 08, 2020   20 posts
Jun 03, 2022 at 16:10
My first counter trade, lot x2, now 24h,we will see...

Attachments:

Member Since Oct 08, 2020   20 posts
Jun 06, 2022 at 16:07
Another day without trade, hope is falling for this ea...
Member Since May 26, 2022   17 posts
Jun 10, 2022 at 14:09
Well, as any of you who have purchased Money Tree and have been waiting to see it in action, it finally executed. Almost immediately it went into Martingale mode. Selling one unit and once the first trade reached a certain loss point it then sold 2 more units. This is classic Martingale. Which is a form of doubling down or averaging down. All the while increasing size. Theoretically Martingale can be almost 100% profitable over time, but you have to have virtually unlimited funds for this kind of probability to come to fruition. Which I do not have.

That said, LeapFX has been very responsive to my questions and previous refund requests. Please disregard the negative remarks regarding LeapFX. You can absolutely try their products and utilize their 30 day trial time to see if any of their EAs might be a fit for you. Feedback for LeapFX is they need to reread their directions in some of their EAs because the written logic, primarily timing parameters, is completely wrong and misleading. So read carefully and communicate confusion to them.

Happy trading, and please be kind to others, as you would want them to be kind to you.

Sarah
Member Since Oct 08, 2020   20 posts
Jun 13, 2022 at 15:43
Only losses, bye by money tree :(
Member Since Jan 14, 2022   21 posts
Jun 14, 2022 at 06:16
Since I started 26/5
Had 9 wins and 2 losses
Not in profit yet though
Member Since Jan 19, 2021   6 posts
Jun 17, 2022 at 16:46
I’ve had 3 open trades for USDCHF open for several days.

Hoping they close out soon.

Other trades closed out well though!
Member Since May 22, 2018   197 posts
Jun 29, 2022 at 14:14
Same on our end, no trades. It will trade soon.
Member Since Oct 08, 2020   20 posts
Jun 29, 2022 at 15:51
Money tree ea can't go prop firm, not enough day trading in a month. Sadly, next
Member Since May 22, 2018   197 posts
Jun 30, 2022 at 14:39
Well - you could go with that theory, but in trading nothing is static. We are a) in summer months, hence slower trading, and b) not as many trade opportunities in this period. This does not mean forever. It means temporary. So right now slow to trade. But it will trade A LOT more as we make our way closer to fall.
Member Since Mar 30, 2022   5 posts
Jun 30, 2022 at 14:43
I am very satisfied with the way Tree operates, better slow and profitable than fast and losing. Today he made a profit.
Member Since Jan 14, 2022   21 posts
Jun 30, 2022 at 14:55
@marcosrcfx I agree, people have no patience, they wanna get rich in one day.. go for lotto 🤣🤣
Member Since Jan 14, 2022   21 posts
Jun 30, 2022 at 15:13
Nothing wrong, also didn't trade here 😁
Member Since May 22, 2018   197 posts
Jun 30, 2022 at 15:40
It's possible some brokers can be different not all have same price feed. Assuming no errors in journal and expert tab and set up right, then it's the broker price feed. We do have broker recommendations if needed in members area.
Member Since Jul 12, 2022   4 posts
Jul 12, 2022 at 10:35
there's no trade in my ac in these 12days!! lol, but i saw you have trade in these days lol whats going on man?
Member Since May 22, 2018   197 posts
Jul 12, 2022 at 13:56
Please email support@leapfx.com and our team will help you.
Member Since Jul 12, 2022   5 posts
Jul 25, 2022 at 12:48
How to get you system?
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