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Powerful Scalping EA | High Risk | Armada Markets (By powerfulscalping )

The user has deleted this system.

Powerful Scalping EA | High Risk | Armada Markets Discussion

uk_max
Jun 23 2013 at 01:07
85 posts
Im also concerned about your backtest - https://www.myfxbook.com/strategies/backtest-dukascopy-tick-data-fixed/38505

You stated a Spread of 0.7 Pip 😇 Not realistic at all.

How about a New backtest with a spread of 1.7 - 2.0?


powerfulscalping
Jun 23 2013 at 11:00
17 posts
Aplmustdie posted:
I am not interested in 3rd party verification that I have never heard of or have cause to trust. I am not attacking your product; I am just stating it like it is. I do not purchase EAs, services, etc. that refuse to run a Myfxbook account. I also advise others to follow this rule.

No need misinform other persons, if you do not have real reasons for this, we showed you the independent monitorings, if you are not satisfied by something - pass by.

powerfulscalping
Jun 23 2013 at 11:00
17 posts
uk_max posted:
Results are good despite the terrible risk reward ratio. Just remember that 1 loss will take about 20 profitable winners to cover the loss.

The profit level is dynamic in our expert, restoration after loss often very occurs much earlier, you need to keep better track of your trade, which is a very risky - https://www.myfxbook.com/members/uk_max/fgt--ilan14-forex-grid/464359 https://www.myfxbook.com/members/uk_max/haruea/505757 https://www.myfxbook.com/members/uk_max/forexgalaxynet-scalper/520118 https://www.myfxbook.com/members/uk_max/forexgalaxynet-scalper/575257 , rather than to teach others :)

powerfulscalping
Jun 23 2013 at 11:00
17 posts
uk_max posted:
Im also concerned about your backtest - https://www.myfxbook.com/strategies/backtest-dukascopy-tick-data-fixed/38505
You stated a Spread of 0.7 Pip 😇 Not realistic at all.
How about a New backtest with a spread of 1.7 - 2.0?

Are you sure that spread is not realistic? But all our monitoring uses the max limitation of spread (0.8pips) and trades normal as you can see. The spread value is most important for any scalper so we added the spread limitation to prevent losses and bad trade conditions.
And about that 1 loss will take about 20 profitable winners to cover the loss, just have a look at monitoring history last week and find the answer to this question.

uk_max
Jun 23 2013 at 15:31
85 posts
spread + commission is the real world. A backtest on under 1.0 pip is unrealistic. ECN average 0.6 + on EURUSD - https://www.myfxbook.com/forex-broker-spreads + Commission. Armada is low commission with lower spreads than most, average on 1 minute bar is still 0.6+commission

Pip expectancy is 2 pips on your system. Average win is 4 pips and average loss is 30 pips. I do apologize for the 20:1 . More like 8:1 r/r

dvejn
Jun 23 2013 at 15:58
92 posts
Forexgalaxy-

 armada markets spread for eurusd is 0-05. average is 0,3. spread +commision is 0,9. this ea is good. Why 2 pip? why payning 2pip?


powerfulsclping use tick data. i am use tick data (0,5 spread a 5 comm = 1pip) and my ea work. spread not problem. problem is slippage and news spread 10+ :)

Best rebate for IC Markets 1,60 RTL+ armada markets 10% commision back + next 30 brokers company only in . Who will give you more?
powerfulscalping
Jun 23 2013 at 20:14
17 posts
While you continue to theorize our system works and makes a profit 😄 Just have a look at real accounts statistic...
PS (uk_max) And to advertise your high-risk-based system of averaging find another way 😁

LTInvestment
Jun 24 2013 at 06:41
25 posts
backtest do not include comissions, 0.8pips spread is very realistic YES, but you have to include broker comission in those backtests to make them reliable..


that of couurse if you wan to be a serious seller.

Simplicity is the ultimate sophistication
pc8multifx (pc8multifx)
Jun 24 2013 at 07:51
879 posts
LTInvestment posted:
backtest do not include comissions, 0.8pips spread is very realistic YES, but you have to include broker comission in those backtests to make them reliable..


that of couurse if you wan to be a serious seller.



the word 'serious' is unknown in this industry..😉

Aplmustdie
Jun 24 2013 at 08:58
305 posts
powerfulscalping posted:
Aplmustdie posted:
I am not interested in 3rd party verification that I have never heard of or have cause to trust. I am not attacking your product; I am just stating it like it is. I do not purchase EAs, services, etc. that refuse to run a Myfxbook account. I also advise others to follow this rule.

No need misinform other persons, if you do not have real reasons for this, we showed you the independent monitorings, if you are not satisfied by something - pass by.


There IS a need to INFORM people. That is what the discussion portion of Myfxbook is for as well as asking questions. You did not answer my original question. Why are so many items hidden in your chart?

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