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PowerFlow EA (3rd acc) (by Forex21)

The user has made his strategy private.
Forex21
Aug 12 2014 at 07:32
414 posts
Detailed information about this Expert Advisor can be viewed on our website: https://www.forex21.com/powerflow-forex-expert-advisor

way2fx
Aug 26 2014 at 06:17
8 posts
now u are prouding for junk ,which is free on all forex forms ,o man its pure bullshit
ur all rabbit jumps from kinetics to profx now poweflow margneal ea ,u must feel some shame selling ur crap stuff in fx mkt

Forex21
Aug 26 2014 at 08:41
414 posts
Dear Sir or Madam,
thank you very much for your comment. As you believe that you can generate +500% with free EA's, it is probably the best for you to do just that. I wish you all the best.
Regards, Alexander

lakis
Aug 26 2014 at 15:02
29 posts
500% is never achievable from those stats. you deposited your account more than once so you must count only the absolute gain with is 178%. which is not something exeptional for all that period of trading. so dont try to impress with wrong stats. FOR THOSE WHO REDEPOSIT THEIR ACCOUNTS ONLY THE ABSOLUTE GAIN MATTERS...END. although you have a winning system with low DD at an affortable price, but it will never give 500% for a year dont fool newbies.

Forex21
Aug 27 2014 at 07:02
414 posts
Hello Lakis,
thank you very much for your comment. Please inform yourself before you claim that their is something wrong with the stats. Thank you very much!

Regards, Alexander

George_W
Aug 27 2014 at 08:50
12 posts
Very interesting Expert Advisor! If I place my order right now, how long will it take until I receive it?

George

FxPhil
Aug 27 2014 at 09:01
88 posts
Hi Alexander,

From looking at the trade history, TP of 60 pips and spacing of 30 pips is very Envy like basket building tech. Also see baskets being built on both Buy and Sell side. Correct?

What is the investment gearing (min investment required to support a maxed out basket) related to leverage, number of pairs traded and starting lot size?

Does the EA support compounding / increasing the lot size as the balance grows? If so does an increased balance only effect the lot size of the level 1 trade or does it allow larger lot sizes of new trades added to already built baskets?

How does the Hedging work? At what level of basket growth does it kick in? It is automatic to open and close hedge or manual like Envy is how doing?

What happens when a basket is maxed out?

Can each pair be assigned a set % of the balance such that if one pair maxes out a basket and dies, it will not MC the entire account?

Will you post the manual?

Regards,
Phil

Forex21
Aug 27 2014 at 09:42
414 posts
Hello FxPhil, thank you for your interest. To your questions:

FxPhil posted:
From looking at the trade history, TP of 60 pips and spacing of 30 pips is very Envy like basket building tech. Also see baskets being built on both Buy and Sell side. Correct?



TP levels are fixed values but can be different for every level. Spacing between levels depends on the market conditions. As example: The EA will open a new buy position when the price is oversold. We found that it helps to keep draw downs low and helps to archive a smooth equity curve.

FxPhil posted:
What is the investment gearing (min investment required to support a maxed out basket) related to leverage, number of pairs traded and starting lot size?


It depends very much of the start lots and the maximum number of levels. With small start lots, 75-100$ per currency pair/instance is enough.

FxPhil posted:
Does the EA support compounding / increasing the lot size as the balance grows? If so does an increased balance only effect the lot size of the level 1 trade or does it allow larger lot sizes of new trades added to already built baskets?


No, the actual version does not support compounding.

FxPhil posted:
How does the Hedging work? At what level of basket growth does it kick in? It is automatic to open and close hedge or manual like Envy is how doing?


Hedging values can be set to different values for each level. Also the start level is adjustable. When the hedge feature is enabled (optional), hedge positions will be automatically placed by the EA.

FxPhil posted:
What happens when a basket is maxed out?


If a SL is set for the last level the basket will be closed by SL. If no SL value is set the basket will be kept open until the user closes the basket manually or in the worst case the basket will be closed by the broker. (Margin Call)

FxPhil posted:
Can each pair be assigned a set % of the balance such that if one pair maxes out a basket and dies, it will not MC the entire account?


It's not supported by the settings but it is something what can be done manually.
 
FxPhil posted:
Will you post the manual?


No, sorry. The manual includes very detailed description about all parameters and how all functions and features work together. To make sure (or at least decrease the chance) that another developer reverse engineer the system, the manual is only available for clients.

Regards, Alex

Forex21
Aug 27 2014 at 09:44
414 posts
George_W posted:
Very interesting Expert Advisor! If I place my order right now, how long will it take until I receive it?
George


Hello George, you will receive the e-mail with the download links within minutes after your order is processed.

Regards, Alexander

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