I think is a good EA. Have a lost.... its the market rules. I talk to the vender, and he are making a update. Lets wait for the update, the vendor have a great potential, and always respond to the email.
Hey to all using Lion FX Trader EA! I recently asked a vendor about Lion's updates and he asured that new version is almost ready! Besides i would like to share my experience with Lion.May happened very hard for EA and i have got a DD about 40%! But i had very high risk factor.For now i use enough balanced risk value=0.1 as recommended and EA already recovered may loss! I believe the next version will be more safety and profitable! As for past losses i think its absolutely normal thing because other systems got down at 50 and more %% of DD! Good Luck to all!
Could someone has interest for the test of LionFX with much better modelling quality of Birt's tick suite? I have made it for period of 2011-2016(29/05/2016) for 3 risk values - 0.02, 0.03 and 0.04. As you can see the results are very good for risk=0.02, even more impressive for risk=0.03 but with DD ~ 99%, and disastrous with the risk=0.04 (account was fully drained on 11/07/2013). Another things to be remarked are as follows. From the beginning of 2011 till the end of 2014 the strategy was quite OK with annual profit ~ 100%, but in 2015 it was absolutely marvelous giving unbelievable profit. Now, in 2016 it acts acceptable, but not comparable to 2015. That is Forex Life! Certainly, I have tested it on other pairs. The results are much more weak.
Dear guys who still using LION! Yesterday was really risky day-Brexit events! The best way was NOT to trade in this day!But i have made a decision to test the LION on real market extreme conditions! BUT...i have decreased my previous risk factor settings to minimum (i did not want to loose all my account!). And...i have earned very much!!!Almost 25% a day! This all means that LION FX is excellent EA-but needs to set the correct RISK FACTOR and be a little wise as a trader! In critical Market events the best way-NOT to TRADE at all OR be a little smarter and set decreased RISK factor! GOOD LUCK to ALL and to LION FX next version reveal! YOURS FXDog!
To Yury48: Thanks a lot friend but i felt my back the market situation and reduced my risk settings that you all could do as well! The best way would be NOT trade at all on such a market events but i went to risk...weighted risk😀...and WON! For now i have tested Lion FX and can trust it!
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