Thank you for your question. No, it is not grid or martingale. To protect our accounts, we shut down on Thursday due to Greece and closed all trades, as most brokers worldwide have been warning of extreme spreads and reduced margin over the weekend. As can be seen by viewing our trades on the chart, there are no grid patterns that can be lined up and The Forexpert does not open and close trades on a grid. It does trade on cycles, and sometimes numerous cycles line up near the same time, which only means a stronger set-up.
kjen17. I and my team have put our whole lives into this for the past 5 years, not just the money it took to fund this project for that 5 years, but 16 hours of time and effort almost every day, so I hope that is reassuring. We have two live accounts publicly published and may be adding more. We have made many sacrifices, even placing healthcare and personal needs on hold to complete this. We are all in I promise you.
ralphbayo Also, please use your settings if you are not comfortable with the current market atmosphere. You can set a spread limit if you choose not to participate in these spikes. Under the EA parameters, you can select MaximumSpreadPips and enter the spread amount you are comfortable with trading. I hope this helps. I want you to be successful.
Why is there so much difference between brokers? Your live tallinex account closed a basked of winning trades today at about 65 pips each whereas your live SmartTradeFX closed a basket at 132 pips each.
Obviously brokers have different spreads & execution, but that is a big difference - can you say the reason?
Yes. I am trading The Forexpert and The Forexpert live. I run the EA for subscribers. The Forexpert Live 2 is run by a different trader on our team. My stops are different than his. Please view my Tallinex and Smarttrade accounts (The Forexpert, Tallinex Demo, and The Forexpert Live, Smarttrade, and those will compare more closely. Thank you for your question.
Highly impressive recovery. I never expected the EA to bounce back so quickly with such a magnificent result. As at now, I have made over 500 pips today. EA is doing great now. I hope and pray it continue this way for a very long time. Thanks Forexpert Team
We have a new policy: We want all subscribers to be comfortable with The Forexpert before paying us any money. We want subscribers to know it works, and matches the published results, so we will activate accounts first and make sure the subscriber is set up and satisfied that the system is trading correctly before we accept the subscription fee. We have also added a live subscriber account to the website starting today for further comparison.
Please see the instructions page on our website for complete info.
Wishing everyone an excellent week & good trading.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.