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FXCharger (de fxcharger )

Gain : +1912.72%
Drawdown 57.29%
Pips: 1088.9
Transactions 564
Gagné:
Perdu:
Type: Réel
Levier: -
Trading: Automatisé

Discussion FXCharger

fmlbfx2010
Aug 28 2019 at 17:31
posts 78
The track records is not verified for fxcharger audusd!

dutchdevil
Oct 13 2019 at 14:59
posts 17
Why do the trades all have the same time of opening?

fxcharger
Oct 23 2019 at 13:59
posts 73
dutchdevil posted:
Why do the trades all have the same time of opening?

Hello,
It is the logic, that the system has. I don't know what to add 😄

dutchdevil
Oct 23 2019 at 21:10
posts 17
fxcharger posted:
dutchdevil posted:
Why do the trades all have the same time of opening?

Hello,
It is the logic, that the system has. I don't know what to add 😄


Sounds a bit strange to me that you as the maker cannot explain why the trades are all opened at exactly the same time. It's not that market conditions are exactly the same at these times.

3165
Oct 23 2019 at 22:14
posts 23
fxcharger
Please explain why your AUDUSD acount crashed.
https://www.myfxbook.com/members/fxcharger/fxcharger-audusd-newversion/2664481

Mine (with some shifting) is still profitable.

fxcharger
Oct 25 2019 at 12:22
posts 73
dutchdevil posted:
fxcharger posted:
dutchdevil posted:
Why do the trades all have the same time of opening?

Hello,
It is the logic, that the system has. I don't know what to add 😄


Sounds a bit strange to me that you as the maker cannot explain why the trades are all opened at exactly the same time. It's not that market conditions are exactly the same at these times.


Hi,
Now I understand your question. The trades open at the same time because of logic. Now I understand that you are interested in WHY we decided to open exactly at this time. Well, because our statistics (data) said, that it is the best time (moment) to open trades with our logic. I can't say you all the steps and principals of analyzing the market that we use in developing of the software - it's our intellectual property.
But as you can see it works on our live account for almost 4 years.

fxcharger
Oct 25 2019 at 12:26
posts 73
3165 posted:
fxcharger
Please explain why your AUDUSD acount crashed.
https://www.myfxbook.com/members/fxcharger/fxcharger-audusd-newversion/2664481

Mine (with some shifting) is still profitable.

Hello,
Well, we have crashed our account because of too high risks 😞

Acronotus
Oct 28 2019 at 13:52
posts 5
fxcharger posted:
3165 posted:
fxcharger
Please explain why your AUDUSD acount crashed.
https://www.myfxbook.com/members/fxcharger/fxcharger-audusd-newversion/2664481

Mine (with some shifting) is still profitable.

Hello,
Well, we have crashed our account because of too high risks 😞


Thank you for being that honest. I appreciate that you are a bit transparent and of course machines can't predict future charts and can't completely exclude drawdowns. That's how trading works. There will never be a perfect EA, but it's only necessary that it makes more profit than losses. And i think the FxCharger works pretty good so far (at least at EURUSD and AUDUSD)... :)

Can I ask you how much risk you used? I use a risk of 25% (as written in your manual) and it did not crash.

fxcharger
Oct 29 2019 at 15:08
posts 73
Acronotus posted:
Thank you for being that honest. I appreciate that you are a bit transparent and of course machines can't predict future charts and can't completely exclude drawdowns. That's how trading works. There will never be a perfect EA, but it's only necessary that it makes more profit than losses. And i think the FxCharger works pretty good so far (at least at EURUSD and AUDUSD)... :)

Can I ask you how much risk you used? I use a risk of 25% (as written in your manual) and it did not crash.


Hello Acronotus,
Thanks for your clear understanding of how actually true trading looks like at Forex.
At our EURUSD account, we use a 16% risk at the moment, because it grew really much and we wish to make it safer.
The AUDUSD account traded with all the deposit that is why it was crashed. Most the clients want to see big profitability, that is why we have used such risks at the AUDUSD account. Сonsidering that we selling the software, for good sales we need to resort to such risks. Unfortunately, a really low part of clients looking for safe trading results, most traders want to see really big profitability.

Wayne Ovenstone (WayneO)
Oct 29 2019 at 19:35
posts 53
So if I understand you correctly, you believe that 16% is a good 'safe' risk to apply to EURUSD, correct?
The question asked however was what you believed a 'safe' risk setting would be for the AUDUSD account. Would you mind giving us your opinion please?

It's amazing what you can accomplish if you don't care who gets the credit.
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