upandgo posted: Extremely dangerous Martingale ! Opens 9.6 lots to recover initial 0.15 lot.. Just a matter of time to crash
That is why FXCharger come with risk controlling. The StopLoss is calculated accordingly to the risks that you specified in settings. For example if you specify 20% risk, EA will calculate initial lotsize and put the StopLoss on the price, which will not allow you to lose more than you set in EA.
What risk setting do you use? Is this MAX? Is this trend follow or means reversion?
On this account we use max risk to show the potential of the system. First trade looking for trend, all other wait for reversion. All trades have smart TakeProfit and StopLoss, to have possibility You determine the size of the risk can be set to close trades in profit and good period of time
Hello everybody! Thank you guys for your interest in FXCharger EA. Glad to let you know, that with this account is everything good 😄 As you know system opens 2 trades at one price - Buy and Sell. So robot opened that trades at 24.05 and still can't close any of the trade, because price didn't reached TakeProfit. These trades just still in market and waiting of TP price. It is a rare situation when it take so much time to reach TP, but sometimes it happens. Screenshot with proofs is attached.
Hello everybody! Thank you guys for your interest in FXCharger EA. Glad to let you know that with this account is everything good 😄 As you know system opens 2 trades at one price - Buy and Sell. So robot opened that trades at 24.05 and still can't close any of the trades because price didn't reached TakeProfit. These trades just still in market and waiting of TP price. It is a rare situation when it take so much time to reach TP but sometimes it happens.
P.S. I tried to attach screenshot with MT4 window, but for some reason post that included attachments don't displayed at this discussion 😞
Hello guys! Yes, it's true. Our AUDUSD account gone 😞. But the problem not in EA. We trade with 100% risk, that is why account was lost. The reason why we use such high risk is in the wish to show you all potential of the FXCharger. If we would used risk that we recommend to our customers, we would lost only 35% of deposit. And after that we clould easy restore it. Martingale has no any problem if you use risk control that FXCharger has.
Because of situation with AUDUSD account, we plan to decrease risk on our EURUSD account soon.
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