PowerFlow EA (3rd acc) (By Forex21)
The user has made his system private.
PowerFlow EA (3rd acc) Discussion
Sep 09, 2014 at 10:17
Hello Double Trap,
I don't know how PowerFlow would perform when used as martingale trading system and to be honest, I also dont want to find it out. There is a VERY large difference between grid trading/price averaging and martingale trading. Personally I have no interest in martingale trading as described by you.
Best Regards, Alexander
I don't know how PowerFlow would perform when used as martingale trading system and to be honest, I also dont want to find it out. There is a VERY large difference between grid trading/price averaging and martingale trading. Personally I have no interest in martingale trading as described by you.
Best Regards, Alexander
Sep 09, 2014 at 14:17
Published closed trade says this Martingale that increase lot size of each level as price moves the wrong way. What price averaging occurs? None in the closed trades. What do you mean not Martingale?
Backtest trade record shows very big Marti basket happened that would blow account if compounding occurred. Not do compounding allows built up profit to buffer DD from big Marti basket. If withdraw done just before big Marti basket occurs, account may fail. Can't rely on built up profit to make Marti PowerFlow safer.
Is Marti. Just look at backtest or live log to see.
Backtest trade record shows very big Marti basket happened that would blow account if compounding occurred. Not do compounding allows built up profit to buffer DD from big Marti basket. If withdraw done just before big Marti basket occurs, account may fail. Can't rely on built up profit to make Marti PowerFlow safer.
Is Marti. Just look at backtest or live log to see.
Sep 10, 2014 at 06:31
FxPhil posted:
Published closed trade says this Martingale that increase lot size of each level as price moves the wrong way. What price averaging occurs? None in the closed trades. What do you mean not Martingale?
Backtest trade record shows very big Marti basket happened that would blow account if compounding occurred. Not do compounding allows built up profit to buffer DD from big Marti basket. If withdraw done just before big Marti basket occurs, account may fail. Can't rely on built up profit to make Marti PowerFlow safer.
Is Marti. Just look at backtest or live log to see.
Totally Agree!
Stable 20% per month without manual intervention...
Sep 10, 2014 at 07:37
@FxPhil
Martingale trading means that you double your position size ever time. And while it can be very profitable, it is as you mentioned correct, very risky.
PowerFlow EA picks entries based on technical analyzes and uses different position sizes to close baskets in profit. If the market keeps moving in the wrong direction without looking back, the basket will be closed by SL. However, as you mentioned, when the margin is to low and the risk to high, it is of course possible that the account will face a margin call. It is the same for all other known trading methods.
Martingale trading means that you double your position size ever time. And while it can be very profitable, it is as you mentioned correct, very risky.
PowerFlow EA picks entries based on technical analyzes and uses different position sizes to close baskets in profit. If the market keeps moving in the wrong direction without looking back, the basket will be closed by SL. However, as you mentioned, when the margin is to low and the risk to high, it is of course possible that the account will face a margin call. It is the same for all other known trading methods.
Sep 15, 2014 at 11:45
(edited Sep 15, 2014 at 12:07)
For a limited time, PowerFlow EA is available with 20% Discount. For more information, follow this link: https://www.forex21.com/powerflow-forex-expert-advisor
Oct 02, 2014 at 09:54
Here are some more user results: https://www.myfxbook.com/members/Mad_Matt/powerflow-robot/1033835
Member Since Sep 04, 2009
879 posts
Oct 06, 2014 at 18:04
Dangerous Marti EA!
Oct 20, 2014 at 11:57
pc8multifx posted:
Dangerous Marti EA!
As the system allows you to set a max limit and also SL I don't see what should be dangerous.
tellanup posted:
what is the minimum balance required ?
The absolute minimum is 200 USD. However, on accounts with standard lots (100k) and low leverage, I recommend to use a higher start balance.
Member Since Aug 07, 2014
61 posts
Oct 21, 2014 at 02:31
REFOUND? CONDITIONS?
chinchano_1984@
Oct 21, 2014 at 09:57
chinchano_1984 posted:
REFOUND? CONDITIONS?
Hello Luis Alberto,
all purchases are covered by our unconditional refund policy. For detailed information about our terms and conditions, please visit our website. (www.forex21.com)
Best Regards, Alexander
Member Since Sep 25, 2013
24 posts
Oct 22, 2014 at 09:51
This seems to be a really great robot. On how much currency pairs can it be used?
Oct 28, 2014 at 08:02
Remind_later posted:
This seems to be a really great robot. On how much currency pairs can it be used?
Hello Remin_Later,
yes, it is. We use the EA at the moment on 3 currency pairs (USDCAD, GPUSD, AUDNZD) but you can use it also on any other instrument.
Best Regards, Alexander
