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RoboSniper 2x (High) Risk ICM ECN (By FxMasterGuru )

The user has deleted this system.

RoboSniper 2x (High) Risk ICM ECN Discussion

frandi
Oct 28 2016 at 13:19
2 posts
FxMasterGuru (FxMasterGuru)
Oct 28 2016 at 16:22
1608 posts
frandi posted:
Broker? Only IC?


Any decent broker should be fine. As with any other scalper strategy, slippage can harm performance significantly.

My newest broker is the FCA regulated and FSCS insured London based pure ECN/STP VARIASNE broker with practically no slippage, but with slightly larger spreads. This new Varianse account can be found under my profile as RoboSniper 0.5x risk.

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FerruForex
Dec 10 2016 at 17:29
22 posts
FxMasterGuru ,
i love your night scalper, looks great.
keep it up.
FF

FxMasterGuru (FxMasterGuru)
Dec 10 2016 at 19:24
1608 posts
Thanks, FerruForex!

It looks good, but the EA's pip performance is significantly worse on this ICM ''TrueECN'' account than on my recently started account at the FCA regulated (and FSCS insured) London based VARIANSE broker. In other words the performance would look even better should I have started the EA running at Varianse a couple of months ago.

The main reason of the difference is the SIGNIFICANTLY higher spreads on my ''TrueECN'' ICM account during the night sessions, and so the EA's spread filter kicks in very often. Just an example: a couple of days ago the spread on CADCHF was 7(!) pips on my ICM ''TrueECN'' account while only 2 pips on my Varianse account... (It make one wonder why they call it ''True'' ECN...)

Of course, I am not willing to pay a 7 pips spread + ECN commission, while I can get the same trade with a 2 pips spread... Which is why I have moved out most of my funds from ICM and will be depositing it soon to this new Varianse account running the same EA at 1x risk:

https://www.myfxbook.com/members/FxMasterGuru/robosniper-1x-risk-varianse-ecn/1883830


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FerruForex
Dec 10 2016 at 20:09
22 posts
Thanks for your reply FMG,

i feel the same thing ,I'm using ICM ''trueECM' and sometimes spreads goes up to 50 pips During swap time.

and it's not Just ICM ,more brokers that I'm using wide spreads as well like i said up to 50 pips.

 my EA start little bit early so the spreads are wide after I'm already in,

I will consider as well to move with my Funds there....will set up demo with Varianse this weekend.

BTW where is Varianse Servers and what is your Latency?

best regards

FF

ovisun
Dec 11 2016 at 01:58
436 posts
See here the link with all necessary details about Varianse: https://www.forexfactory.com/showthread.php?t=579274
Most probably I'll open myself an account with them.
Regards.

FxMasterGuru (FxMasterGuru)
Dec 11 2016 at 08:35
1608 posts
ovisun posted:
See here the link with all necessary details about Varianse: https://www.forexfactory.com/showthread.php?t=579274
Most probably I'll open myself an account with them.
Regards.


I can only say the best about Varianse so far, other than the ''obvious'': that they are FCA regulated and deposits are insured up to 50k GBP by FSCS.

Excellent spreads, superb execution speeds -- by the way 4x better than of ICM -- (an yes, there is an ''EA'' to test brokers' execution speeds by the milliseconds...) and prompt, polite customer service.

The only areas to improve: more economic (less costly) deposit/withdrawal methods, smaller minimum deposits and larger leverage on ECNpro accounts.

Nevertheless, I received an IB link from someone before opening my account through which I was offered a lower minimum deposit limit ($2.5k instead of $5k) and higher leverage (1:400 instead of 1:200) than advertised for ECNpro accounts on their website. (I can share the IB link for free via PM.)

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Ozzie Matt (aeronthomas)
Dec 12 2016 at 07:38
1557 posts
yes I checked out that broker, shame they don't have deposit fee free option /withdrawal fee free with neteller like most brokers offer these days. What EA do you use to check execution speed between brokers? cheers.

FxMasterGuru (FxMasterGuru)
Dec 12 2016 at 07:54
1608 posts
aeronthomas posted:
yes I checked out that broker, shame they don't have deposit fee free option /withdrawal fee free with neteller like most brokers offer these days. What EA do you use to check execution speed between brokers? cheers.


@aeronthomas

I will send you the execution speed checker EA via PM.

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Ozzie Matt (aeronthomas)
Dec 12 2016 at 07:56
1557 posts
thanks FxMasterGuru. I want to do some tests on tickmill also cheers.

FerruForex
Dec 22 2016 at 19:48
22 posts
Hi FMG,

i disabled my night scalper for the last 2 weeks of the year to avoid SL,

I'm sure you will recover very fast.

best regards

FF



FxMasterGuru (FxMasterGuru)
Dec 22 2016 at 21:57
1608 posts
Hi FerruForex,

You were smarter than me... 😄 As of today I have disabled it, too.

Liquidity was extremely low last night with frequent spread spikes triggering SL as never seen before. Apparently the Holiday Season should be an EA holiday, too.

Actually my VARIANSE account - running the same EA - has been doing much better, still in profit for December:
https://www.myfxbook.com/members/FxMasterGuru/robosniper-1x-risk-reference-account/1883830

As of 2017 I will start the EA after the daily rollovers (which happen at 22:00 GMT) as there have been many SL triggering spread spikes over the past weeks happening specifically during the FIRST TWO MINUTES after the daily rollover, i.e. between 22:00 and 22:02 GMT. Be careful with those 2 minutes if you have open trades...

Happy Holidays!

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FerruForex
Dec 22 2016 at 22:06
22 posts
live and Learn ,

I'm 100% sure that you recover in the first 2 weeks of January....

FF

FxMasterGuru (FxMasterGuru)
Dec 22 2016 at 22:10
1608 posts
FerruForex posted:
live and Learn ,

I'm 100% sure that you recover in the first 2 weeks of January....

FF


Thanks! This ICM account (at 2x risk) is just for continuity with minimal residual funds left on it, as the EA has been performing MUCH MUCH better at the pure STP/DMA VARIANSE broker where I have $10k+ total running on the EA, not to mention the additional $40k+ client funds.

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forex_gain
Dec 26 2016 at 07:43
2 posts
-S-C-A-M- -ALERT-.

Every one I want to share my nightmare experience here. After sending so many messages to mr FXMASTERGURU but he is not reply me any more and now I can not see any other way but to come here and ask help of every one.

I asked the price ofRoboSniperEA 2x Risk via PM. 1st Mr FXMasterGURU said it's for his personal use and if I am really eager then he can sell me a copy for $500. When I agreed to pay $500 then he said he can give me free of cost if I can agree to use his suggested Broker with minimum balance of $10,000. He asked me to open account in https://varianse.com/ and send my account number to him.
I agreed to start with $5000 then he said that he can manage my money for him and he asked me to transfer him the money and he will pay me 5-10% return on my money every month. After I transfer him the money he just said to wait for 1st month.
Now that he have lost enough money in his account now he is telling me that my money is gone and that it is part of business.
I have no where to go and complain.
MR FXMASTERGURU i am not asking you to return my all money today but please try to understand my situation it was my hard earned money. if you want then i can wait for another 3 months and then you can start paying me back.
I am waiting for your suggestion on this matter.

EVERY ONE, IF YOU DON'T SEE ME ANY OTHER MESSAGE FROM ME THEN IT MEAN FXMASTERGURU HAS BLOCKED ME AND EAT MY ALL MONEY.

MR FXMASTERGURU i will edit this message if you agree to start paying me the money that you promised. You can not some one's money like this and run away. This is era of computer.
I am not posting bank transfer proof here this time but i will post it if you request.

Thank You

forex_gain
Dec 26 2016 at 09:11
2 posts
MR FXGURU

you will pay my money or not?
don't fool people with your cheap tricks. start with some honesty you old timer.

FxMasterGuru (FxMasterGuru)
Dec 26 2016 at 09:12
1608 posts
I will not go too far commenting on these lies.

Just to put everything in place. I have never run any account for this liar, not to mention accepting funds from him illegally. My Varianse reference account is in profit for December, where I have most of my personal funds and funds of my clients.

https://www.myfxbook.com/members/FxMasterGuru/robosniper-1x-risk-reference-account/1883830

As the most 'Vouched' senior member and ''Scam Hunter'' of MyFxBook it was expected that one of the hunted scammers - or their 'aliases' like Forex_Gain - will retaliate. It is surprising that it had not happened sooner and more often as I have put a few of them out of business over the past years. Giving and getting punches is part of working in the ''Scam Hunter business''.

P.S. As mentioned in my post above the liar's attack: ''This ICM account (at 2x risk) is just for continuity with minimal residual funds left on it, as the EA has been performing MUCH MUCH better at the pure STP/DMA VARIANSE broker where I have $10k+ total running on the EA.''

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tqforex
Jan 15 2017 at 08:51
73 posts
forex_gain posted:
MR FXGURU

you will pay my money or not?
don't fool people with your cheap tricks. start with some honesty you old timer.



Guys

what a cheat.

Please do not subscribe to 'FxMasterGuru'.

He runs around myfxbook trying to be holier than thous saint but runs a commercial system which has blown and lost ppl money.

Read the above report.

He is scamster.


FxMasterGuru (FxMasterGuru)
Jan 15 2017 at 11:09
1608 posts
No commercial advertisements, whatsoever.

No blown accounts. Just profitable months - with unavoidable occasional drawdowns - on BOTH reference accounts:

https://www.myfxbook.com/members/FxMasterGuru/robosniper-1x-risk-reference-account/1883830

https://www.myfxbook.com/members/FxMasterGuru2/roboscalper-ea/1924198

@tqforex: You are banned because of unfounded claims and malicious libeling. Good luck to your struggle make a living from Forex trading!

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Stop Scam (marus88)
Jan 30 2017 at 12:41
20 posts
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