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The Money Tree (de leapfx)

Gain : +11692.37%
Drawdown 46.56%
Pips: 3888.4
Transactions 706
Gagné:
Perdu:
Type: Réel
Levier: 1:200
Trading: Automatisé

Discussion The Money Tree

May 12, 2022 at 17:20
Vues 14,409
238 Replies
Membre depuis Apr 21, 2021   posts 14
May 27, 2022 at 12:27
Foxove posted:
@vcpatt alright bro, when I get home gonna try to do that, thanks 😁😁
@Foxove Very kind of you, be safe otw home 😁.
Membre depuis Oct 10, 2021   posts 12
May 27, 2022 at 13:05
vcpatt posted:
Foxove posted:
What I have to say is with one day I had 9% return, but I also have to say that scares me to see trades open without stop loss..
For now that's the conclusion I can tell, soon i will come with more results, keep strong guys peace ✌️

Thanks for sharing Foxove, 9% is wow... But no stop loss? Was it hidden or we need to define ourself?
I realised it only opens trade when you attach the ea to a new chart than nevwr again .. try close all charts and set them up again .. but set it to at keast 8 pairs
It definitly opens 4-5 right away
Membre depuis Oct 10, 2021   posts 12
May 27, 2022 at 13:37
Foxove posted:
Yes only had those trades yesterday afternoon, was open a bit before NY session, today nothing yet ✌️✌️ good luck [/quote
I bet it was right after you attached the ea on the chart
Becose it does that to me
Membre depuis Oct 10, 2021   posts 12
May 27, 2022 at 13:38
Foxove posted:
Yes only had those trades yesterday afternoon, was open a bit before NY session, today nothing yet ✌️✌️ good luck
What time its happened .. and on wich pair ?
Membre depuis Oct 10, 2021   posts 12
May 27, 2022 at 14:29
SarahMurrell posted:
That's great!

I installed it yesterday but it has yet to execute any trades for me... The company said from the very beginning that it's quite normal to not have trades the first few days after install (though I don't understand why). But I'm curious why your system executed some... weird. I'll keep you posted.
Hi .. did it open any trade since yesterday ..
Membre depuis Apr 15, 2022   posts 3
May 27, 2022 at 14:48
Dont think links can be shared. That's why it's not shared?
Membre depuis May 22, 2018   posts 169
May 27, 2022 at 15:58
samjhyip posted:
Very dangerous EA. Not sure if this is similar to Trade Explorer EA.
When a trade goes wrong, it opens a series of grid entries to compensate with no SL
EA will work well with trend corrections.
But could lead to deep drawdowns in strong trending markets.
When trading 27 currencies, it can get complicated to understand

Please don't spread false rumors about a system. The Money Tree does NOT use GRID. And uses an internal SL.
Membre depuis May 22, 2018   posts 169
May 27, 2022 at 16:00
The software does not trade everyday. We've not had a trade in a few days. It's normal. It has strict trade filters. So some days / weeks, it trades a lot and others it's waiting for the right movement. So that is normal.
Membre depuis Oct 10, 2021   posts 12
May 31, 2022 at 08:45
No trades still
Ethel Febber (SarahMurrell)
Membre depuis May 26, 2022   posts 17
May 31, 2022 at 14:32
So far I have had zero executions and I've had it running since Thursday May 26th. If you look at the updated fxbook for MoneyTree it shows no executions either since then, so at least it's consistent with what I'm experiencing. I've reached out to the company and they said it can go for a bit without trades. The most they've seen so far is around two weeks.

So we wait... :)
Membre depuis Jan 14, 2022   posts 21
May 31, 2022 at 14:47
Exactly the same situation even the starting day..
Just hoooold, I will come with update as soon as we have :))
Membre depuis May 22, 2018   posts 169
May 31, 2022 at 14:51
Yes correct - historically it can have periods of no trades. It has strong filters. So it will filter out until it finds the opportunities and trade a bunch. Then can slow down again. It's consistent with our trading history.
fxpayback (MouPhilip)
Membre depuis Nov 26, 2021   posts 7
May 31, 2022 at 14:58
thanks for the update, I was wondering anyone tried backtest it, if yes, how is the performance?
Membre depuis Apr 21, 2021   posts 14
May 31, 2022 at 15:06 (édité May 31, 2022 at 15:13)
Hi @SarahMurrell @Foxove @JozsefMark, thanks for updating.

Then, it's me only having a trade running? :).
I started yesterday, 5 pairs opened, 2 closed.
Today additional 1 pair opened, 1 closed.
3 pairs left opened since yesterday.
I am at ICMarkets, standard account.

Above pairs straight away opened when EA just being attached.
Hopefully all will go well with for all of us.
Ethel Febber (SarahMurrell)
Membre depuis May 26, 2022   posts 17
May 31, 2022 at 18:13
@vcpatt that's really interesting. This is what the developers said...

Fichiers joints:

Membre depuis Oct 10, 2021   posts 12
May 31, 2022 at 19:14
SarahMurrell posted:
So far I have had zero executions and I've had it running since Thursday May 26th. If you look at the updated fxbook for MoneyTree it shows no executions either since then, so at least it's consistent with what I'm experiencing. I've reached out to the company and they said it can go for a bit without trades. The most they've seen so far is around two weeks.

So we wait... :)
Dont wait too long only 1 mont money back guarantee.. i wait two weeks ..
Ethel Febber (SarahMurrell)
Membre depuis May 26, 2022   posts 17
Jun 01, 2022 at 20:06
@vcpatt did the Money Tree execute anymore trades? Also, have they been profitable?
Membre depuis Apr 21, 2013   posts 272
Jun 01, 2022 at 23:08
SarahMurrell posted:
I just rented it. I'm trying a small account. Happy to keep you updated with feedback.
where did you rent it?
I asked if i could do monthly and was told there were only annual memberships.
Ethel Febber (SarahMurrell)
Membre depuis May 26, 2022   posts 17
Jun 01, 2022 at 23:23
@suttos it's a yearly 'rental.' Unfortunately, it still hasn't taken one trade yet. I've had it for a week. I don't want to force something to trade if the setup isn't right, but when you have a 30 day money back contract, not seeing any trades doesn't give any feedback for it's worthiness. I'm giving it one more week and if nothing, I'm returning my annual 'rental'/'membership.'
Membre depuis Apr 21, 2013   posts 272
Jun 01, 2022 at 23:29
SarahMurrell posted:
@suttos it's a yearly 'rental.' Unfortunately, it still hasn't taken one trade yet. I've had it for a week. I don't want to force something to trade if the setup isn't right, but when you have a 30 day money back contract, not seeing any trades doesn't give any feedback for it's worthiness. I'm giving it one more week and if nothing, I'm returning my annual 'rental'/'membership.'

I think that's a good idea. If you look at a few reviews of LeapFX there is a pattern of them asking people to 'wait a bit longer'. Which of course then cancels out your Money Back Guarantee.

Also, the history that has been provided doesn't show any periods of two weeks without a trade.
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