Funnel Trader Account 1 (de funneltrader)
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Discussion Funnel Trader Account 1
Membre depuis May 24, 2016
posts 51
Membre depuis Jul 19, 2017
posts 13
Feb 07, 2018 at 05:46
Membre depuis Sep 23, 2016
posts 85
Funnel trader could very well be the greatest system created ever. It's hard to believe a grid system this simple could do this well. Drawdown can get annoying at worst. All you have to do is monitor your system and add funds when drawdown gets high. Lately it's been doing extraordinary. I went to sleep last night with a drawdown and woke up today with a good size profit.
Choose a good reputation over great riches (PROVERBS 22:1)
Feb 07, 2018 at 13:52
Membre depuis Sep 08, 2010
posts 54
Could not agree more Ryan. The balancing of the pairs, and how it escalates the trades into trends and counter to trends, while not being over aggressive with the lots increase, seems to allow it to always survive and come out on top. Possibly Fibo in its processing in some way.
If anyone is wondering if the published account is valid, it is. My trades closely match that of the published account. Follow the recommendations for the lots in the documentation when you start, best to begin with $5000, and then sit back and enjoy the ride. At times the basket can be open for a while, but the logic has always worked to close in profit.
I got the same slight DD (5%) turned nice profit. Seems this system is not too broker or spread sensitive which is nice to see.
If anyone is wondering if the published account is valid, it is. My trades closely match that of the published account. Follow the recommendations for the lots in the documentation when you start, best to begin with $5000, and then sit back and enjoy the ride. At times the basket can be open for a while, but the logic has always worked to close in profit.
I got the same slight DD (5%) turned nice profit. Seems this system is not too broker or spread sensitive which is nice to see.
Mar 15, 2018 at 06:50
Membre depuis Dec 07, 2010
posts 201
hi @funneltrader , have you other stats? other accounts to see? some backtest?
Follow the momentum
Mar 19, 2018 at 05:16
Membre depuis Sep 23, 2016
posts 85
I'm seeing a possible large move south for most JPY pairs which effects funnel. Make sure your accounts are prepared with enough funds to cover a large move if you have open a long basket (short eurusd). I made this mistake once and never again! Got stopped out overnight when I was away on vacation. Need to keep a good amount of funds handy for drawdowns.
Choose a good reputation over great riches (PROVERBS 22:1)
Rogger Ladislau (roggerladislau)
Membre depuis Feb 20, 2016
posts 11
Membre depuis May 24, 2016
posts 51
Rogger Ladislau (roggerladislau)
Membre depuis Feb 20, 2016
posts 11
May 07, 2018 at 17:06
Membre depuis Sep 08, 2010
posts 54
roggerladislau, only one chart is needed, EURUSD (15 Min).
See in the Manual:
STEP 3.
Click File -> New Chart -> EURUSD. Look at the top of the platform and click M15 at top. (NOTE: Put the software on EURUSD ONLY.)
Only add the EA to EURUSD. The EA will then handle opening trades on all pairs it needs, even though only attached to the one EURUSD chart.
See in the Manual:
STEP 3.
Click File -> New Chart -> EURUSD. Look at the top of the platform and click M15 at top. (NOTE: Put the software on EURUSD ONLY.)
Only add the EA to EURUSD. The EA will then handle opening trades on all pairs it needs, even though only attached to the one EURUSD chart.
Rogger Ladislau (roggerladislau)
Membre depuis Feb 20, 2016
posts 11
Membre depuis May 24, 2016
posts 51
Jun 17, 2018 at 12:15
Membre depuis Sep 08, 2010
posts 54
roggerladislau, please check the Manual. The EA only requires to be on one EURUSD/M15 chart, even though it opens trades on 5 pairs. Give it enough time open trades and confirm the chart shows 'Funnel Trade is Activated and Operating', with a :-) on the top right corner.
Jun 25, 2018 at 06:09
Membre depuis Feb 26, 2018
posts 3
davidoff9 posted:Yes, the EUR and USD are ALMOST cancelled out. You have to remember that one pip when the JPY is the quote currency is not the same as one pip when the USD is the quote currency so ALMOST is the key word. Because of that, buying the AUDJPY and the NZDJPY or shorting the same would not be the same as what you have here with funnel.
hello , since the trade basket is always the same, eurusd one side, usdjpy, audusd, nzdusd, eurjpy the other side , why not open audjpy and nzdjpy, it will be the same?
thanks

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