Advertisement
FXMower
El usuario ha borrado este sistema.
Discusión FXMower
Miembro desde Sep 14, 2015
posts 70
Aug 31, 2017 at 14:36
Be careful, any martingle in the end will kill your account. I already live test this EA. If it hits a SL, it will open another bigger trade against the previous trade.Very dangerous
Miembro desde Feb 25, 2017
posts 28
Sep 03, 2017 at 12:29
many thanks to you for opening my eyes with this EA that sadness that in the end the vast majority end up being junk systems .... and the sellers promising heaven and earth thanks to your comments I was able to retain my money and avoid a bad investment in this evil and dangerous system
Miembro desde Feb 08, 2013
posts 57
Sep 06, 2017 at 10:47
To the author : to proce no scam please Enable Make magic analysis on myfxbook account so we can verify there are no 0 magic manual trades. Please also post here the exact set file you use on the live account thanks best regards
Miembro desde Apr 26, 2016
posts 7
Sep 07, 2017 at 14:53
I currently trade this on my real-account... together with other systems. The last week the FxMower opened a Long-Trade on EURUSD after two little losses. The lot-size was very big and the SL would have meant to wipe out 70% of my account capital. Up to this day i did not know wether to end the trade or not. I decided to let it go - also after 60% DD on my account. Today it finally hit th TP and banked in some profits. I would only trade this with low risk and a bigger account. I would have closed this EA down when it had hit the SL which it did not. I will move on with this EA... because i like the profits...
forex_trader_391622
Miembro desde Jan 11, 2017
posts 29
Sep 10, 2017 at 06:15
ckdorgay posted:
Still fighting to get my refund. I also noticed the discrepancy in trades with the master account.
Hello! Well, it's not about fighting for refund, it's about is your situation correspond to our refund policy or not. If yes, we return money immediately, if no, we do all our best to help you to resolve the problem that you faced. Some vendors say that they provide unconditional refund, but they lying and you get nothing in any case. We are honest and we publish at our website our refund policy and told you in what cases we provide refunds. I hope you will give a chance to our EA and I think you will be satisfied.
forex_trader_391622
Miembro desde Jan 11, 2017
posts 29
Sep 10, 2017 at 06:16
Hello everybody! Yes, looks like at some of brokers, EA sometimes can open different trades, but usually it's very rare situation. Looks like on some brokers it happens more often. Well it depends on quotes that broker provided, so unfortunately we can't do nothing with it. But it not means that your results will be worse then ours. Sometimes our results will be better, sometimes yours at another broker - it's all about lucky. Anyway system works good and will recover loss especially if you specify wise risk.
forex_trader_391622
Miembro desde Jan 11, 2017
posts 29
Sep 10, 2017 at 06:17
frenchtrader7 posted:
To the author : to proce no scam please Enable Make magic analysis on myfxbook account so we can verify there are no 0 magic manual trades. Please also post here the exact set file you use on the live account thanks best regards
Hello! Big thanks for good idea to prove our honesty. I have shared Magic analysis to this account and you can easily see that we had no even one manual trade for all the time. Talking about set file of settings, you can ask it at our support department [email protected] , they will provide it to you. We share it only with our customers.
P.S. You will see many Magic numbers, but it because it use different Magics for trades in different market situations. It's necessary for the system.
Sep 14, 2017 at 06:23
"but it because it use different Magics for trades in different market situations. It's necessary for the system."
This is weird, did you specific this when the people bought your EA?
Is funny you keep info for you, and settings and you expect that the people will have succes with this ea"Is all about luck", in forex is nothing about luck is about hard work and market analysis
This is weird, did you specific this when the people bought your EA?
Is funny you keep info for you, and settings and you expect that the people will have succes with this ea"Is all about luck", in forex is nothing about luck is about hard work and market analysis
forex_trader_391622
Miembro desde Jan 11, 2017
posts 29
Sep 20, 2017 at 06:33
remaxis14 posted:"but it because it use different Magics for trades in different market situations. It's necessary for the system."
This is weird, did you specific this when the people bought your EA?
Is funny you keep info for you, and settings and you expect that the people will have succes with this ea"Is all about luck", in forex is nothing about luck is about hard work and market analysis
Hello! I think you don't know how Magic number works, that is why your comment looks weird 😄. Magic number has no any effect on trading (it's just interior ID of EA), it has unique number that can't coincide with Magics of other EAs. We don't provide such info, because nobody wants to know it - this is unnecessary information for 99.5% of traders."forex is nothing about luck is about hard work and market analysis" - yes and it's all about FXMower. But you never knows what brokers can do, when they want more profit. And when broker will show you not honest quotes - that is luck or unlucky.
Miembro desde Jan 25, 2010
posts 1288
Sep 20, 2017 at 08:04
(editado Sep 20, 2017 at 08:21)
Seems FX Mower has a strategy which "works" (for now) - it is making profits. However, I don't like the increasing lot size used to recover a losing trade. Consider the following when analysing its trading history:
A loss of 10% requires a gain of 11.11% to recover;
A loss of 20% requires a gain of 25% to recover;
A loss of 30% requires a gain of 42.86% to recover;
A loss of 40% requires a gain of 66.67% to recover;
A loss of 50% requires a gain of 100% to recover.
Lot sizes follow a compounding increase in size until recovery, as recent trading activity has shown:
- 1st trade = 0.19 Lots
- 2nd trade = 0.43 Lots (226% increase in trade volume)
- 3rd trade = 1.63 Lots (380% increase from 0.43 Lots, or 858% from 0.19 Lots)
- 4th trade = ??? Lots (????% increase in trade volume)
- 5th trade = etc. etc.
I no longer use FX Mower because of this. There will come a time when a succession of losing trades will blow the account - guaranteed. Not "if", but "when".
A loss of 10% requires a gain of 11.11% to recover;
A loss of 20% requires a gain of 25% to recover;
A loss of 30% requires a gain of 42.86% to recover;
A loss of 40% requires a gain of 66.67% to recover;
A loss of 50% requires a gain of 100% to recover.
Lot sizes follow a compounding increase in size until recovery, as recent trading activity has shown:
- 1st trade = 0.19 Lots
- 2nd trade = 0.43 Lots (226% increase in trade volume)
- 3rd trade = 1.63 Lots (380% increase from 0.43 Lots, or 858% from 0.19 Lots)
- 4th trade = ??? Lots (????% increase in trade volume)
- 5th trade = etc. etc.
I no longer use FX Mower because of this. There will come a time when a succession of losing trades will blow the account - guaranteed. Not "if", but "when".
Archivos adjuntos:
Miembro desde Feb 22, 2011
posts 4573
Sep 21, 2017 at 06:48
+ it is long term
+ it is verified account
broker is not best but at least it is known broker
- it is martingale
------------------------------------------------------------------------
Might be wort trying it with small capital
+ it is verified account
broker is not best but at least it is known broker
- it is martingale
------------------------------------------------------------------------
Might be wort trying it with small capital
forex_trader_391622
Miembro desde Jan 11, 2017
posts 29
Sep 21, 2017 at 06:49
BluePanther posted:
Seems FX Mower has a strategy which "works" (for now) - it is making profits. However, I don't like the increasing lot size used to recover a losing trade. Consider the following when analysing its trading history:
A loss of 10% requires a gain of 11.11% to recover;
A loss of 20% requires a gain of 25% to recover;
A loss of 30% requires a gain of 42.86% to recover;
A loss of 40% requires a gain of 66.67% to recover;
A loss of 50% requires a gain of 100% to recover.
Lot sizes follow a compounding increase in size until recovery, as recent trading activity has shown:
- 1st trade = 0.19 Lots
- 2nd trade = 0.43 Lots (226% increase in trade volume)
- 3rd trade = 1.63 Lots (380% increase from 0.43 Lots, or 858% from 0.19 Lots)
- 4th trade = ??? Lots (????% increase in trade volume)
- 5th trade = etc. etc.
I no longer use FX Mower because of this. There will come a time when a succession of losing trades will blow the account - guaranteed. Not "if", but "when".
Hello. I'm sorry, but it's not work that way. FXMower has only three possible trades and all of them you have saw at our account (you mentioned them as 1st, 2nd, 3rd). There are no 4th and 5th. After 3rd, we reset trade to 1st. Our strategy works, has 15 month of live trading and 5 years of backtests. But you are right all trading systems works some time and day of loses can come any moment. Nobody knows when it will be, but it happens absolutely with any system. For that situation, we have drawdown control and you will not lose much money. Also we provide free updating and your system will have current settings according to the market.
Miembro desde Jan 25, 2010
posts 1288
Sep 21, 2017 at 11:29
fxmower posted:
Hello. I'm sorry, but it's not work that way. FXMower has only three possible trades and all of them you have saw at our account (you mentioned them as 1st, 2nd, 3rd). There are no 4th and 5th. After 3rd, we reset trade to 1st. Our strategy works, has 15 month of live trading and 5 years of backtests. But you are right all trading systems works some time and day of loses can come any moment. Nobody knows when it will be, but it happens absolutely with any system. For that situation, we have drawdown control and you will not lose much money. Also we provide free updating and your system will have current settings according to the market.
I stand corrected. Thank you for clarifying this.
In this case, perhaps I will continue its use.
Sep 24, 2017 at 06:34
BluePanther posted:
Seems FX Mower has a strategy which "works" (for now) - it is making profits. However, I don't like the increasing lot size used to recover a losing trade. Consider the following when analysing its trading history:
A loss of 10% requires a gain of 11.11% to recover;
A loss of 20% requires a gain of 25% to recover;
A loss of 30% requires a gain of 42.86% to recover;
A loss of 40% requires a gain of 66.67% to recover;
A loss of 50% requires a gain of 100% to recover.
Lot sizes follow a compounding increase in size until recovery, as recent trading activity has shown:
- 1st trade = 0.19 Lots
- 2nd trade = 0.43 Lots (226% increase in trade volume)
- 3rd trade = 1.63 Lots (380% increase from 0.43 Lots, or 858% from 0.19 Lots)
- 4th trade = ??? Lots (????% increase in trade volume)
- 5th trade = etc. etc.
I no longer use FX Mower because of this. There will come a time when a succession of losing trades will blow the account - guaranteed. Not "if", but "when".
That´s it: After a bigger losing there is a little little little change to recover the balance.
Nov 06, 2017 at 15:35
That´s it: After a bigger losing there is a little little little change to recover the balance.
it's very strange, I've been trading the FXMover since August 25, and I do not have big unprofitable trades, on the contrary, mostly in profits ...
it's very strange, I've been trading the FXMover since August 25, and I do not have big unprofitable trades, on the contrary, mostly in profits ...
forex_trader_472416
Miembro desde Nov 03, 2017
posts 19
Nov 07, 2017 at 07:48
hikow posted:
That´s it: After a bigger losing there is a little little little change to recover the balance.
it's very strange, I've been trading the FXMover since August 25, and I do not have big unprofitable trades, on the contrary, mostly in profits ...
Please real monitor in studio!
forex_trader_472416
Miembro desde Nov 03, 2017
posts 19
Nov 07, 2017 at 07:49
Blocked Users: 7
What for?
What for?
