LION FX TRADER (Od lionfxtrader)

Zisk : +1051.44%
Čerpání 38.78%
Pipy: 2485.6
Obchodníci 868
Vyhraná :
Prohraná :
Typ : Reálný
Páka: 1:500
Obchodování : Automaticky

LION FX TRADER diskuse

Feb 28, 2016 at 19:15
25,242 zobrazení
683 Replies
Členem od Nov 09, 2012   19 příspěvků
Apr 26, 2016 at 06:31
sniperb0t posted:
thriftysigns posted:


The backtest of alex shows a risk factor of 0.07 with 97$ deposit. 7 times higher than his recommendations of 0.01 per 100$.
Perhaps he does it because he can't adjust the riskfactor inbetween the test when the balance is rising.


The risk factor is not the same as the lot size. Alex's backtest is at a rick factor of 0.07 (7% = 0.01 lots per $140.00) which is actually less then the recommended risk factor of 0.1. (Risk factor of 0.1 or 10% = 0.01 lots per $100.00)

I don't get it quite, he recommends 10.000Deposit = 1.00 Lotsize, 1000 = 0.10 and 100 = 0.01

How you get 140$ at 0.07 lots?
What is it at 1000Deposit with 0.10? 10% ?

The risk factor is a percentage of your account that you want to risk per trade. It is not the lot size.
So it is not $140 at 0.07 lots.
It means it will trade 0.01 lots per $140 dollars, or another words it will risk only 7% of your account. (risk factor 0.07)
Alex recommends trading 0.01 lots per $100 dollars. That is equivalent to 10% (risk factor 0.10)
With a 1000 deposit and a risk factor of 0.10 (10%) it will trade 0.1 lots.

You can confirm this by playing with the settings in the strategy tester.
kevin@
Členem od Apr 26, 2016   3 příspěvků
Apr 26, 2016 at 06:45
Hi Can someone please help me with the correct imputs , i would like to keep the default settings that is recommended. My account size is US2300 and my broker gmt is +3. I currently have my risk factor at 0.1 and my lot size at 0.1 , and i have gmt offset at 3. Does this look ok or should i change something.

Also magic number is 5899777 and other 3 settings are moving period at 90.0 , slow ema at 36 and signal period at 55.

If someone can see something that needs adjusting can they please let me know.

Thanks
Členem od Apr 14, 2016   25 příspěvků
Apr 26, 2016 at 10:51
@thriftysigns thanks got it now!

Unfortunately I couldn't get the strategy tester to work, always no history data, I downloaded from many sites tried with different brokers but still didn't work.

In the other forum forexpeacearmy someone posted this backtest results, looking bad...

https://www.forexpeacearmy.com/community/threads/lionfxtrader-com.44183/page-12#post-240588

@AussieNorm looks good to me.
Get Rich or Die tryin'!
Členem od Feb 16, 2011   222 příspěvků
Apr 26, 2016 at 11:55
There's a test for the pair EURUSD only.
LION trades on the pair EURCHF.
As they say, feel the difference.
Členem od Feb 16, 2011   222 příspěvků
Apr 26, 2016 at 11:55
Sorry, I talked about the other advisers :)
Členem od Apr 21, 2016   3 příspěvků
Apr 27, 2016 at 06:41
Anyone from the US using this ea and how are you dealing with FIFO?
Členem od Jun 15, 2012   1 příspěvků
Apr 27, 2016 at 14:34
has anybody used different pairs? GBPUSD looks promising on the backtests.
Členem od Apr 05, 2016   37 příspěvků
Apr 28, 2016 at 06:06
Phoenixobx posted:
Anyone from the US using this ea and how are you dealing with FIFO?

I would like to know also. Do you have a max number of trades open at any given time? What's your SL/TP?

Thanks,
Plan the Trade. Trade the Plan
Členem od Sep 19, 2013   13 příspěvků
Apr 29, 2016 at 06:29
Maybe this can be useful to someone else...
https://www.myfxbook.com/members/mickse/lion-mxe-demo/1604166/8KAwVy9ah1Qe2cZv3Kip

I'm trying the EA on Activtrades demo with standard setting, risk factor 0.07, but with different GMTOffset:

You can use the Custom Analysis at the top right of the page to see the different performances...start from 04/26/2016 because only GMT+2 started one day earlier...and choose Magic

GMT +2 as it should be.
GMT +1 (-1 compared to what it should be)
GMT +3 (+1 compared to what it should be)

Is there anyone who is trying the EA on different cross?
Can he post the link here please? 😄
Forex is a huge cashmachine..please give me the pin number!!
Členem od Apr 21, 2016   3 příspěvků
Apr 29, 2016 at 06:51
Daveski posted:
Phoenixobx posted:
Anyone from the US using this ea and how are you dealing with FIFO?

I would like to know also. Do you have a max number of trades open at any given time? What's your SL/TP?

Thanks,


the ea runs with out a stop loss, don't know how it or the tp is calculated. the most i had at one time was 3 trades and due to fifo 2 was closed in profit and 3rd was closed as a loss, if it was not for fifo it should of closed as profit. Looking into offshore brokers so this problem can be avoided
Členem od May 20, 2014   20 příspěvků
Apr 29, 2016 at 06:56
Anyone with a good system will invest a very large amount which should be a key factor to consider when looking for a successful system.
Členem od Apr 02, 2016   22 příspěvků
Apr 29, 2016 at 07:01
Hello !

I was stopped out again and lost money. My balance is now lower than I started with. This is now the 3rd times I LOST MONEY.

1. I had the wrong GMT settings!
2. I traded the wrong pairs!
3. ????

Too risky? To less money on my account? Slow internet? Wrong leverage?

What is the next excuse for this b...s... Lion ?

Kind Regards
Tini Tina
Členem od Apr 07, 2016   4 příspěvků
Apr 29, 2016 at 10:33
Tiniwi2 posted:
   Hello !

I was stopped out again and lost money. My balance is now lower than I started with. This is now the 3rd times I LOST MONEY.

1. I had the wrong GMT settings!
2. I traded the wrong pairs!
3. ????

Too risky? To less money on my account? Slow internet? Wrong leverage?

What is the next excuse for this b...s... Lion ?

Kind Regards
Tini Tina

Seriously this is just a grid ea and not a good one at that...
Členem od Feb 22, 2016   102 příspěvků
Apr 29, 2016 at 10:59
Tiniwi2 posted:
   Hello !

I was stopped out again and lost money. My balance is now lower than I started with. This is now the 3rd times I LOST MONEY.

1. I had the wrong GMT settings!
2. I traded the wrong pairs!
3. ????

Too risky? To less money on my account? Slow internet? Wrong leverage?

What is the next excuse for this b...s... Lion ?

Kind Regards
Tini Tina

What is the next excuse for this b...s... Lion ?

TAKE ANY ADVISER AND USE MAD RISKS AT TRADE.
AFTER TELL THAT EA THIS SHIT .
 AT ME MAXIMUM DD 10% IN 3 MONTHS.
IF YOU DON'T USE THE RECOMMENDED RISK. IF YOU ARE THE USED MADMAN OF LOT.
it is the PROBLEM of my ADVISER?
Členem od Mar 31, 2014   192 příspěvků
Apr 29, 2016 at 13:30
Dear Alex,

Could you please tell, what sort of strategy your EA is using?

Thanks
ben@
Členem od Apr 14, 2016   25 příspěvků
Apr 29, 2016 at 16:03 (Upravené Apr 29, 2016 at 16:06)
My trades so far...

.25095" target="_blank" rel="noopener noreferrer nofollow">www.forexpeacearmy.com/community/attachments/lion-trades-jpg.25095

EDIT: Some issues to input that link? Copy complete from 'www' till the end with 25095
Get Rich or Die tryin'!
shaan295
forex_trader_167232
Členem od Dec 12, 2013   13 příspěvků
Apr 30, 2016 at 20:55
I would like to add something here which i noticed about this EA,

this is not a best EA but this one is the better one,

it only trades 3 days a week, Tuesday, Wednesday and Thursday .. it doesn't trade when market opens on monday and when market close on friday.

it only trades at night time after 21:00GMT when there is no news data or less news data, when everything is calm and it takes 10 15pips profit.

when there is news data it will get crazy like today, today it opens 5 trades 2 with loss and 3 with profile overall just little loss.

i believe this is good EA not as bad as people say, we should give a chance for a month or more.
what you say guys ?

**sorry for my ENGLISH**
Členem od Aug 22, 2009   390 příspěvků
Apr 30, 2016 at 21:42 (Upravené Apr 30, 2016 at 21:43)
shaan295 posted:
I would like to add something here which i noticed about this EA,

this is not a best EA but this one is the better one,

it only trades 3 days a week, Tuesday, Wednesday and Thursday .. it doesn't trade when market opens on monday and when market close on friday.

it only trades at night time after 21:00GMT when there is no news data or less news data, when everything is calm and it takes 10 15pips profit.

when there is news data it will get crazy like today, today it opens 5 trades 2 with loss and 3 with profile overall just little loss.

i believe this is good EA not as bad as people say, we should give a chance for a month or more.
what you say guys ?

**sorry for my ENGLISH**

You are right. but it trade on monday too.
We have to prepare for margin call when the price move more than 120 pips against the open positions. so adjust the risk level you feel comfortable.
and when it makes trend against the position, you have to prepare for bust your account.
Let's hope and pray for not happen that.

PS: Shaan, your English is better than me


youngchang@
Členem od Dec 27, 2015   9 příspěvků
May 01, 2016 at 06:27
At least for me, up to now, this EA is working very well, slow but steady.

I hope that Alex will keep it updated in case of market changes, and that he will contact us, his costumers, to send any new version (free of charge, of course).

Good work, Alex. Thanks a lot.
Členem od Nov 09, 2012   19 příspěvků
May 01, 2016 at 06:31
lionfxtrader posted:
Tiniwi2 posted:
   Hello !

I was stopped out again and lost money. My balance is now lower than I started with. This is now the 3rd times I LOST MONEY.

1. I had the wrong GMT settings!
2. I traded the wrong pairs!
3. ????

Too risky? To less money on my account? Slow internet? Wrong leverage?

What is the next excuse for this b...s... Lion ?

Kind Regards
Tini Tina

What is the next excuse for this b...s... Lion ?

TAKE ANY ADVISER AND USE MAD RISKS AT TRADE.
AFTER TELL THAT EA THIS SHIT .
 AT ME MAXIMUM DD 10% IN 3 MONTHS.
IF YOU DON'T USE THE RECOMMENDED RISK. IF YOU ARE THE USED MADMAN OF LOT.
it is the PROBLEM of my ADVISER?

I am using the recommended lot size and my drawdawn yesterday never exceeded 15% and all the trades closed nearly breakeven, and still in profit for the week. If your account was stopped out, you are trading at a ridiculous risk.
kevin@
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