FXCharger (de forexstore)
The user has made his system private.
Discussion FXCharger
Membre depuis Feb 22, 2011
posts 4862
Jun 15, 2017 at 11:52
togr posted:
It is clear martingale.
All martingale ends up badly
You can never say when and that is the key.
It can end up badly very next week you use it on your account...
11.21.2016 14:15 11.23.2016 07:11 AUDUSD Buy 2.30 0.73746 0.74305 55.9 1289.88 1d 9.53%
11.22.2016 14:15 11.23.2016 07:11 AUDUSD Buy 3.45 0.74059 0.74305 24.6 851.84 16h 56m 5.75%
11.18.2016 14:15 11.23.2016 07:11 AUDUSD Buy 1.53 0.73913 0.74305 39.2 603.93 4d 4.67%
11.11.2016 14:15 11.23.2016 07:11 AUDUSD Buy 0.20 0.75868 0.74305 -156.3 -310.79 11d -2.09%
11.16.2016 14:15 11.23.2016 07:11 AUDUSD Buy 0.68 0.74769 0.74305 -46.4 -311.18 6d -2.29%
11.14.2016 14:15 11.23.2016 07:11 AUDUSD Buy 0.30 0.75505 0.74305 -120.0 -357.56 8d -2.46%
11.17.2016 14:15 11.23.2016 07:11 AUDUSD Buy 1.02 0.74660 0.74305 -35.5 -358.38 5d -2.70%
11.15.2016 14:15 11.23.2016 07:11 AUDUSD Buy 0.45 0.75615 0.74305 -131.0 -586.22 7d -4.13%
and account gone!
Jun 15, 2017 at 16:38
Sure it's agressive martingale, no doubt about it.
But if the account was gone, how would they know upfront and stopped logging it?
What I want to say, there is no proove it has gone.
From my understanding, the account just stopped trading or logging the trades and my question is: Why?
BTW
As we all agree this is lottery, what should we do with this 'Risk of ruin' statistic of myfxbook:
Loss Size 100% 90% 80% 70% 60% 50% 40% 30% 20% 10%
Probability of Loss <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% 0.06% 2.9%
Consecutive Losing Trades 120 108 96 84 72 60 48 36 24 12
It's useless in the end, cause 5 consecutive loss trades will kill the account.
Mic
But if the account was gone, how would they know upfront and stopped logging it?
What I want to say, there is no proove it has gone.
From my understanding, the account just stopped trading or logging the trades and my question is: Why?
BTW
As we all agree this is lottery, what should we do with this 'Risk of ruin' statistic of myfxbook:
Loss Size 100% 90% 80% 70% 60% 50% 40% 30% 20% 10%
Probability of Loss <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% 0.06% 2.9%
Consecutive Losing Trades 120 108 96 84 72 60 48 36 24 12
It's useless in the end, cause 5 consecutive loss trades will kill the account.
Mic
Membre depuis Feb 22, 2011
posts 4862
Jun 16, 2017 at 06:43
MicF posted:
Sure it's agressive martingale, no doubt about it.
But if the account was gone, how would they know upfront and stopped logging it?
What I want to say, there is no proove it has gone.
From my understanding, the account just stopped trading or logging the trades and my question is: Why?
BTW
As we all agree this is lottery, what should we do with this 'Risk of ruin' statistic of myfxbook:
Loss Size 100% 90% 80% 70% 60% 50% 40% 30% 20% 10%
Probability of Loss <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% <0.01% 0.06% 2.9%
Consecutive Losing Trades 120 108 96 84 72 60 48 36 24 12
It's useless in the end, cause 5 consecutive loss trades will kill the account.
Mic
check the equity it is less then 100%
check open trades zero
how would you explain that?
Jun 16, 2017 at 06:52
Are we looking at the same account?
Balance: $21277.31
Equity:(99.79%) $21232.21
Highest: (May 23) $21277.31
Profit: $19277.31
Interest: -$769.54
Deposits: $2000.00
Withdrawals: $0.00
Updated: 10 Minutes ago
Sure there are no trades, that's my question, they stopped, but account is IMHO healthy and current (updated 10 minutes ago).
Balance: $21277.31
Equity:(99.79%) $21232.21
Highest: (May 23) $21277.31
Profit: $19277.31
Interest: -$769.54
Deposits: $2000.00
Withdrawals: $0.00
Updated: 10 Minutes ago
Sure there are no trades, that's my question, they stopped, but account is IMHO healthy and current (updated 10 minutes ago).
forex_trader_305974
Membre depuis Feb 16, 2016
posts 74
Jun 18, 2017 at 07:01
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.
forex_trader_305974
Membre depuis Feb 16, 2016
posts 74
Jun 18, 2017 at 10:17
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 😞
P.S. I tried to attach screenshot with MT4 window, but for some reason post that included attachments don't displayed at this discussion 😞
Membre depuis Jul 26, 2010
posts 88
Jul 17, 2017 at 13:04
Hi all
The fxcharger for AUDUSD is closed because this system is marginal and we do not know the turn of fxcharger for The eurusd so take care
The fxcharger for AUDUSD is closed because this system is marginal and we do not know the turn of fxcharger for The eurusd so take care
forex_trader_305974
Membre depuis Feb 16, 2016
posts 74
Jul 18, 2017 at 06:15
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.
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.
Membre depuis Nov 18, 2015
posts 247
Jul 18, 2017 at 16:25
why dont we have the chance to backtest it?
forex_trader_305974
Membre depuis Feb 16, 2016
posts 74
Jul 19, 2017 at 06:44
successwill posted:Hi! What do you mean? Every our customer has possibility to make backtests, trade on demo and real accounts after purchasing.
why dont we have the chance to backtest it?
Membre depuis Nov 18, 2015
posts 247
Jul 19, 2017 at 16:42
fxcharger posted:successwill posted:Hi! What do you mean? Every our customer has possibility to make backtests, trade on demo and real accounts after purchasing.
why dont we have the chance to backtest it?
i mean testing before purchasing
Jul 20, 2017 at 07:10
(édité Jul 20, 2017 at 07:11)
The whole EA market seems to work like this.
You have to purchase an EA, have more or less 30 or 60 days money back guarantee.
Better would be, if demo accounts and backtests would be for free, without any money flow.
So one can make a decision based on its own tests.
This would kick out all the scammers.
In the case of FXCharger this is a matter of taste.
My backtests shows drawdowns every 2 to 3 years. Which is not suprising as it's using martingale technologies and will happen with mathematical certainty.
The drawdown is limited by the risk you choose. So default value is 35%.
If it's profitbale overall then, I don't know, but at least it won't crash your account.
You have to purchase an EA, have more or less 30 or 60 days money back guarantee.
Better would be, if demo accounts and backtests would be for free, without any money flow.
So one can make a decision based on its own tests.
This would kick out all the scammers.
In the case of FXCharger this is a matter of taste.
My backtests shows drawdowns every 2 to 3 years. Which is not suprising as it's using martingale technologies and will happen with mathematical certainty.
The drawdown is limited by the risk you choose. So default value is 35%.
If it's profitbale overall then, I don't know, but at least it won't crash your account.
Membre depuis Dec 03, 2012
posts 9
Aug 06, 2017 at 06:15
hi
anyone try this ea guys ?
thank you
anyone try this ea guys ?
thank you
