Diskusija

roguetraders posted:

steevefx posted:
scam scam scam warning.

think before you pay.

Yes, it is fact that Account Doubler is Charter Forex Robot

https://www.myfxbook.com/community/trading-systems/chartered-forex-robot/827657,8#?pt=2&p=1&ts=72&o=827657
He stopped trading Charter because exposed on Forex Peace Army and DonnaForex
https://www.forexpeacearmy.com/public/review/chartered-forex-robot.com

Also Before Charter Forex Robot it was Profit Empire.

Blown - https://www.forexpeacearmy.com/metatrader_expert_advisor/profit_empire_robot/real - 2013 Sept TIL 2014 July (Roboforex Cent )

And before Empire Profit

Blown - https://www.forexpeacearmy.com/metatrader_expert_advisor/king_ea/real 2013 - July

And before

Blown - https://www.forexpeacearmy.com/metatrader_expert_advisor/awais_ea/real -- Feb 2013

and before

Blown - https://www.forexpeacearmy.com/metatrader_expert_advisor/fzami_ea/real - Dec 2012

One thing in common is 1 trader using a trade copier and not EA. You can't backtest a trade copier service now can you.

The question that remains is did he Learn from all the those failures?

@roguetraders, thanks for sharing this with us

I didnt know then before but I can tell you that for now I'm comfortable.. of course I'll withdrawals once in a while in case of blow its a risk with every EA

So what is the best EA stable roguetraders? can you advise?

The average monthly profit is fantastic but I guess it would be a good idea to cut the risk?

@Forex21, Its a good idea also but I think we should do that doing some withdrawls once in a while.... I'm still testing the EA

@roguetraders , Why you are telling that all this EA are the same person?....where are the proof?....I can´t find any coincidence, I only see different EA.

I am happy with this EA. First, I would really like to know where are the proofs that AccountDoubler is Chartered and Empire Profits??? Roguetraders repeats constantly the same, but checking all the links he shows, I could not find any proof about that. Perhaps right, perhaps not, I am a trader with long experience in forex, but I cannot find any similarity between AccountDoubler and Chartered...
Other point: Of course, it is a insanity trading with the leverage of AccountDoubler-Account, I hope that really nobody will do that... I think that the account will fall to zero in the future, almost sure, but in this case, I continue thinking that the EA is quite good. I am trading the signals with a much lower leverage and risk and the profits are good and I feel that the traders are quite professional. I know that the EA will have drawdowns, of course, but I cannot find a too risky strategy, they do not let open trades many days, all trades are closed in less than 24 hours, max open position in the same pair: 3, so there is neither martingale nor unlimited grid. No stops, yes, perhaps a negative point, but the risk is limited with the fix time frame of max. 24 hours. The only error of this EA provider are the too high promises, doubling every month the capital is not possible, it would be better offering a profitable EA with 10 - 20 % profit per month and I really think that this EA can make such profit with reasonable risks.

Regards,
Sonita

sonita posted:
I am happy with this EA. First, I would really like to know where are the proofs that AccountDoubler is Chartered and Empire Profits??? Roguetraders repeats constantly the same, but checking all the links he shows, I could not find any proof about that. Perhaps right, perhaps not, I am a trader with long experience in forex, but I cannot find any similarity between AccountDoubler and Chartered...
Other point: Of course, it is a insanity trading with the leverage of AccountDoubler-Account, I hope that really nobody will do that... I think that the account will fall to zero in the future, almost sure, but in this case, I continue thinking that the EA is quite good. I am trading the signals with a much lower leverage and risk and the profits are good and I feel that the traders are quite professional. I know that the EA will have drawdowns, of course, but I cannot find a too risky strategy, they do not let open trades many days, all trades are closed in less than 24 hours, max open position in the same pair: 3, so there is neither martingale nor unlimited grid. No stops, yes, perhaps a negative point, but the risk is limited with the fix time frame of max. 24 hours. The only error of this EA provider are the too high promises, doubling every month the capital is not possible, it would be better offering a profitable EA with 10 - 20 % profit per month and I really think that this EA can make such profit with reasonable risks.

Regards,
Sonita

I completely agree with you, I'm more than happy with a 10-20% monthly and after see how it trades i think that this ea can handle that. The good thing is that we can set the risk we want according to our approach.

The ones that are claiming that are the same vendors than Chartered and Empire please proof that otherwise let's focus in interesting things about this system.

Good trading for everyone

Cardm3n posted:
My experience with their customer support has also been without a flaw. Great people to deal with and incredibly helpful. They have tried as much as they can to help me with my slippage issues but I guess I will just have to chalk it up to bad luck for having a different broker and it is a signal copier after all. Even so, I am very impressed and very satisfied. My account has actually received about a 3rd less pips then theirs have and I am still making great gains. Very awesome.

If you are interested in the difference in pips in my account from theirs here is the link :

https://www.myfxbook.com/members/Cardm3n/acountdoubler/1148557

Risk setting is at 2x if you are wondering. Reckless? Maybe. Worth it? In my opinion......VERY!

I have just switched my account from micro to pro with my broker so I hope that this helps with slippage as the spreads are much tighter between the two accounts. Trade off is that now my leverage is reduced to 1:300 from the 1:400 from the micro account.

I would love to open a account with hotforex to have better results and closer trade execution to theirs, but I am a US resident and am not allowed unfortunately. Forex trading is not quite as fun for us with all these darn regulations. Oh well.

Hi Cardm3n,
did you changed the Risk or Lot Scaling to 2?

Hi Sonita, Marck and Cardm3n

I agree with your posts. It's up to us to manage our own risk and withdraw profits regularly.

Can I ask you guys how you set your risk levels. I am just about to invest $50k. ( I have funds across several PAMMs, this is my first autotrade account).

 I am ensuring I have a zero spread account with Hotforex and I will withdraw a portion of profits each month. Any information would be really appreciated guys.

Thanks
James

Sent from my iPad

If you are using an EA like this I would suggest using a trade protector ea also to manage open trades with hard SL at a minimum there are a number of free or low cost ones around this will prevent an account blow up.

I had very bad experience with King EA, if the same product is better not to work with, all the same to double the bill or not, the developer of King EA was also very friendly and the support was good but the strategy horrific.
Today with 7 open trades with GBPAUD that has gone against, if any other pair goes against goodbye to the accounts.
    Thanks Roguetraders poir notifying us.

7 trades opened - 360 pips - 24%, 😕
Risk is too high for me ...

I closed all operations with little loss, less GBPAUD I hope to be news down this pair but bad luck, and we notice how dangerous the system. And have stopped the system not open me more operations.

tomazzo67 posted:
I closed all operations with little loss, less GBPAUD I hope to be news down this pair but bad luck, and we notice how dangerous the system. And have stopped the system not open me more operations.

Glad I changed my risk lower, damn, dont know how going to get out of this one.

cyberom posted:
7 trades opened - 360 pips - 24%, 😕
Risk is too high for me ...

Interesting that the FPA account is not showing drawdown and there are no open trades

https://www.forexpeacearmy.com/metatrader_expert_advisor/account_doubler_ea/real

Different broker maybe?

The way that thus EA opens trades is very strange to say the least. It seems to open random trades each midnight , not taking into account forthcoming news events. It was common knowledge that the euro will go down today, yet they went ahead with a long on euro pairs....UK employment rates were expected to be in favour of the pound , yet they opened short orders on gbp....hence the massive drawdown....they trade in an elementary way....i am stopping this ea after midnight as this is the second time that they are having big drawdown due to news events....

If the same trader King EA, traded also nonsensical mansard open operations at 12 PM, 8 PM if I remember correctly and then if he was on the counter also open three operations at most with SL about 150pips, then when he lost some operations anulo stop loss. Again I repeat if the same trader EA King, I'm not sure.

As forexpeacearmy seems to be another account, the chart is different

so many trades open before FOMC .....dont like this