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Tom'sEa WPFX LIVE (Od TomsEaWPFXlive)
Uživatel odstranil tento systém.
Tom'sEa WPFX LIVE diskuse
Členem od Sep 12, 2009
312 příspěvků
May 14, 2012 at 17:28
REady to blow i think
History automatically goes into hide mode
after some tme account will be deleted
History automatically goes into hide mode
after some tme account will be deleted
Členem od Apr 08, 2012
10 příspěvků
May 14, 2012 at 21:36
I think not. A difficult period happens to every work & trading system.
Bet? ;-)
Bet? ;-)
FOREX IS...ARITHMETIC!
Členem od Sep 12, 2009
312 příspěvků
May 14, 2012 at 22:34
i think when you look at history you see some trades closing in seconds ,that means there is no margin
if these open trades go some more negative broker close all trades
if these open trades go some more negative broker close all trades
Členem od Apr 22, 2011
42 příspěvků
May 15, 2012 at 00:49
Something happened with this EA on the 14th.... Come on support team! Whats going on?
Členem od Dec 07, 2011
1 příspěvků
May 15, 2012 at 00:49
HI,
this images shows trades with SL & TP on TOMSEA account?? How come?
The image below taken from this account shows positions which looks like they have been manually closed (or by broker x lack of equity)
Could someone explain?
Thanks
this images shows trades with SL & TP on TOMSEA account?? How come?
The image below taken from this account shows positions which looks like they have been manually closed (or by broker x lack of equity)
Could someone explain?
Thanks
Přílohy :
Členem od Aug 22, 2010
23 příspěvků
May 15, 2012 at 01:48
We could use an explanation for all these closed negative trades. Something doesn't look right as the EA would not normally close those positions.
forex_trader_53345
Členem od Nov 13, 2011
53 příspěvků
May 15, 2012 at 02:30
Guys
I wouldn't expect a direct response here - after all, look at the genius that created Trade Vantage?!?!
These guys are marketers, they make money from traders buying their EA's, their software, their courses, their 'daily analysis'...
I'm sure there are a whole bunch of people (me included) that are disappointed that this EA has not been updated to work with MT4.19 yet? I'm certain resources have been taken away from TEA to deal with the newer 'money making opportunities' on behalf of Dustin Pass et al.
The question many have posed in the past is why something that costs so much is supported in such a chicken-wire break fix method? These guys are making enough to have dedicated support staff, not some random Wordpress site, with what seems like one individual that sits behind it and answers 'when they have the time or can catch up'.
Let's hope this thing doesn't blow up in all of our faces, and remember, minimise your risk and don't trade too many pairs - at least this way it has a chance to recover from these heavy DD periods.
GL all.
I wouldn't expect a direct response here - after all, look at the genius that created Trade Vantage?!?!
These guys are marketers, they make money from traders buying their EA's, their software, their courses, their 'daily analysis'...
I'm sure there are a whole bunch of people (me included) that are disappointed that this EA has not been updated to work with MT4.19 yet? I'm certain resources have been taken away from TEA to deal with the newer 'money making opportunities' on behalf of Dustin Pass et al.
The question many have posed in the past is why something that costs so much is supported in such a chicken-wire break fix method? These guys are making enough to have dedicated support staff, not some random Wordpress site, with what seems like one individual that sits behind it and answers 'when they have the time or can catch up'.
Let's hope this thing doesn't blow up in all of our faces, and remember, minimise your risk and don't trade too many pairs - at least this way it has a chance to recover from these heavy DD periods.
GL all.
Členem od Oct 05, 2011
60 příspěvků
May 15, 2012 at 02:39
(Upravené May 15, 2012 at 02:46)
The EA had the 40% drawdown protection set to on so when the EURGBP dropped it closed out these trades to protect the account. We did find an improvement out of this. The drawdown was from the EURGBP trades and we would have preferred it closed eurgbp trades so that these other trades could have kept working. I think we will make a change that will have it close trades from the pair that has the highest drawdown. In any case the EA did its job to protect the account. I think once we manage out of the EURGBP trades we will probably stop trading that pair until the account is a bit bigger. Even at risk level one it is almost double the risk because of the pip value. Taking losses is all part of trading. To put everyone at ease, the software is working the way it was designed.
to Paulrozza, we cant please everyone and I am sorry you are one that is apparently not pleased. Toms EA is working fine for us and it is important to me and is far from being neglected. I have a LOT of my own money being traded by it. We have a lot of support staff manning tickets, phones, and live chats but even then we can get behind. We are not perfect but always work diligently to make things right. Most of you following this thread are probably aware of that and know that our support staff go above an beyond at all hours sometimes to help everyone get squared away. Hoping this EURGBP turns around before it eats my lunch :)
Dustin
to Paulrozza, we cant please everyone and I am sorry you are one that is apparently not pleased. Toms EA is working fine for us and it is important to me and is far from being neglected. I have a LOT of my own money being traded by it. We have a lot of support staff manning tickets, phones, and live chats but even then we can get behind. We are not perfect but always work diligently to make things right. Most of you following this thread are probably aware of that and know that our support staff go above an beyond at all hours sometimes to help everyone get squared away. Hoping this EURGBP turns around before it eats my lunch :)
Dustin
Členem od Jan 24, 2012
60 příspěvků
May 15, 2012 at 02:53
(Upravené May 15, 2012 at 03:22)
Thanks for replying, Dustin
Good idea on "dd monitor" for individual fx pair, Crane :)
To automate "dd protection" for individual pair, how we derive that?
e.g. (amount/n) x %dd protection selected ?
i.e.
amount = balance OR highest equity
n = no. of fx pairs for the a/c
OR just (amount x %dd protection) ... thinking aloud...
Good idea on "dd monitor" for individual fx pair, Crane :)
To automate "dd protection" for individual pair, how we derive that?
e.g. (amount/n) x %dd protection selected ?
i.e.
amount = balance OR highest equity
n = no. of fx pairs for the a/c
OR just (amount x %dd protection) ... thinking aloud...
forex_trader_53345
Členem od Nov 13, 2011
53 příspěvků
May 15, 2012 at 04:30
HI Paul, do you have any idea once the Euro drop heavily? shall we set up the selling order as cretical level?
Manual hedging of trades is something I practice all the time with these EA's - the problem is, is where do you start the manual hedge, and what lot size do you use with which risk factor?
e.g. I have manually hedged EURUSD for the last week or so, starting with a single microlot, and progressively adding increasing size micro lots as it has headed down. If I were to close my manual trades today, my losses on EURUSD would be minimal but, and this is a big BUT - I have done this many times previously, so have a feel for what I need to do in line with MY risk tolerance.
Obviously, at this point, if you were to hedge against the EURUSD falling further by opening shorts and it did reverse, then you stand to tie up more capital with the hedges.
All I can say is that I have decided against manually closing out of trades and placing hedges instead, as I feel I have more control, but I also keep a very close eye on these trades several times daily.
forex_trader_53345
Členem od Nov 13, 2011
53 příspěvků
May 15, 2012 at 04:35
GlobalProfit posted:
to Paulrozza, we cant please everyone and I am sorry you are one that is apparently not pleased. Toms EA is working fine for us and it is important to me and is far from being neglected. I have a LOT of my own money being traded by it. We have a lot of support staff manning tickets, phones, and live chats but even then we can get behind. We are not perfect but always work diligently to make things right. Most of you following this thread are probably aware of that and know that our support staff go above an beyond at all hours sometimes to help everyone get squared away. Hoping this EURGBP turns around before it eats my lunch :)
Dustin
No Dustin, this is not the case - for the MOST part, I am happy with this EA, but am unhappy with the fact that you have published a version for MT4.19 that is deficient and that has been being 'talked about' being fixed for weeks? Where is the fix?
Users have suggested rolling back my MT4's, but I have other EA's running on the server, and I do not want to do this. I want a fix, pure and simple. Where is it?
I too have a lot of my own money riding on this, and am concerned that I paid $2000 for a piece of software that is not being updated as it should be. I am in the software business, and I can tell you my clients would string me up by my short and curly's if I did not provide timely fixes and great communication - something I think is lacking here.
Show some customer love, get us the fix we need and improve your channels of communication - that is all I ask. Global Profits are talked about in many different circles, and it would be good to see positive feedback for you and your team - after all, isn't your business all about the customer?
Členem od Aug 22, 2010
23 příspěvků
May 15, 2012 at 05:09
Paul I reverted to 1.89 weeks ago when the problems were found with 1.92 and it is running on the MT4 419 build with no problems whatsoever. I don't see any need to upgrade at this time since its working fine as it is. Have you tried ver 1.89 on the 419 build? It should work ok.
Členem od Apr 08, 2012
10 příspěvků
May 15, 2012 at 08:42
Managing the DD, for me, its very simple:
I set to FALSE the Liquidation when a pair is before the sixth level.
Instead I set to TRUE the Liquidation when a pair reach the seventh level.
It is a little manual intervention, that requires very little time.
I set to FALSE the Liquidation when a pair is before the sixth level.
Instead I set to TRUE the Liquidation when a pair reach the seventh level.
It is a little manual intervention, that requires very little time.
FOREX IS...ARITHMETIC!
Členem od Nov 30, 2011
41 příspěvků
May 15, 2012 at 16:47
Currently 1.89 works ok under 4.19 MT4, EA version 1.91 had problems, therefor we - as support recommended everyone to revert back to older version.
We've been testing EA 1.92, for the last 1.5 weeks, we don't want to repeat fail with .91 version. So far so good. Most likely it will be released this week
We've been testing EA 1.92, for the last 1.5 weeks, we don't want to repeat fail with .91 version. So far so good. Most likely it will be released this week
Členem od Dec 29, 2011
29 příspěvků
May 15, 2012 at 17:34
PocketGuy posted:
I've been going over my TEA history, and notice that at no point does the EA hedge in the opposite direction to balance a basket of trades, particularly when the EA is turned of for a given pair to manage down the basket. Given the recent events (take Cables' recent run for example), I'm struggling to see why this doesn't happen. Appreciate TEA is primarily a range trading system, but couldn't this be built into the logic, or am I missing something (or perhaps too inexperienced to appreciate the difficulties involved)?
Manually hedging in the hope that the trades pull back isn't really ideal, given the nature of what an EA's supposed to do (particularly one as reliable as this). Esp. when the market goes into freefall, this seems to be a bit of an achilles heel for the system, and (surely...?) not something that's too complex to tackle. Bracketing with a trend EA isn't really a fix, more of a patchwork workaround.
Anyone else have any thoughts or observations on this?
So...my original question was about the EA providing conventional hedging, using matched or increasing longs for short positions, and vice-versa, then closing all trades for a profit or small loss. Dustin talks about the EA working well within its design parameters, if the DD function is invoked, and I wouldn't argue, but that's not the same thing. So, why not extend the design function to cover this? With strong downtrends, such as the EUR, AUS, or NZD, why can't the EA cover this?
Anyone care to chip in on this point? 😄
Členem od Apr 28, 2010
93 příspěvků
May 15, 2012 at 20:23
jprize posted:
paulrozza posted:
Unfortunately, EA's are supposed to be left to run 100% of the time and do well in trends and tend to fail if trends continue on and on. This is why risk factor is vitally important - but again, nothing can be done if a trend continues on for 2000pips.
Now you are STARTING to get it
Markets are usually ranging, so this EA will USUALLY work...Markets ALWAYS stop ranging sooner or later
Good luck
Členem od Sep 14, 2011
139 příspěvků
May 15, 2012 at 20:37
yes, they do. After your account being wiped off by this dangerous EA....
Členem od Apr 22, 2011
42 příspěvků
May 16, 2012 at 00:39
I have set all my pairs to "Activate EA" to False.... as I have hit my 30% DD level that makes me sit up and really take notice. I do not want any new positions (even to Hedge) until the market has calmed down.
I will be manually intervening from now on to protect my account. I believe that Tom and Dustin are doing the same.
I will be manually intervening from now on to protect my account. I believe that Tom and Dustin are doing the same.
Členem od Jan 04, 2012
10 příspěvků
May 16, 2012 at 00:40
Y'know what's funny here... once again the Eur is trending and all of a sudden everyone is posting and getting worried. This happened back in Jan/Feb and people were freaking out then as well. Honestly I think it was trending worse back then too. Thankfully from what I learned back then I modified my risk levels. What am I learning from this particular trend? Based on past history, the amount of money I have made on the EUR/GBP pales in comparison and yet is digging into my margin. So when this thing snaps out I will lose the pair... end of story. But that EUR/GBP has been trending for the last month. Look at it this way... it can certainly get the nerves juiced. :)
Členem od Jul 27, 2010
26 příspěvků
May 16, 2012 at 01:14
They closed postion mannually,but it's meaningless,this account has wiped out,after they sell a lot copy,they will run it on another account,and when it make some profit,they will come out some day with another name ,another website😂
