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PowerFlow EA - Low Risk (By timjaeger )

Gain : -65.38%
Drawdown 84.48%
Pips: -1834.7
Trades 340
Won:
Lost:
Type: Demo
Leverage: 1:50
Trading: Automated

PowerFlow EA - Low Risk Discussion

ForexRock
Mar 31 2015 at 06:58
13 posts
hi, i have started something like this but in real...what's your opinion on this EA ?
timjaeger
Apr 04 2015 at 10:38
7 posts
It seems to be good so far
RedRhinoLab
Apr 29 2015 at 07:32
631 posts
AUDNZD would have been the perfect pair for the martingale grid strategy if it continued to have small daily ranges. Markets change and the strategies need to adapt to prevent failures. It is good to know you didn't lose money like the vendor lost 6k of deposit and 6 months of profit already this week on his low risk account. https://www.myfxbook.com/members/Forex21/powerflow-ea-finfx-wwwforex21com/1077152 The markets are extremely volatile these past few weeks. https://www.myfxbook.com/forex-market/volatility
ForexRock
Apr 29 2015 at 08:57
13 posts
There is no 'low risk' when trading is based on grid strategies. What you need is just a big account and a lot of time to pray to see the retracement you are waiting for! Last time i saved my account, closed all trades manually. No more grids for me! :-)
RedRhinoLab
Apr 29 2015 at 12:16
631 posts
Yes I agree. Any system of mine that opens more than 1 order are all hurting badly and waiting for the markets to reverse. It is never joyful until the basket is closed. Five days of momentum without any slowdown can kill small accounts.
FXtrader2010
Apr 29 2015 at 13:00
724 posts
Powerfolw is the classic example of why martingale will never work in long run. Anyone who tries to experiment or make it work is wasting time.
RedRhinoLab
Apr 29 2015 at 15:43
631 posts
@FXtrader2010 The risk is never worth the reward and yes it is always an experiment that turns out to be waste of time and energy.

https://www.myfxbook.com/members/Forex21/powerflow-ea-finfx-wwwforex21com/1077152
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