MFM7 (ex4systems) Discussion | Forex Forum by Myfxbook

nonameb3

Biedrs kopš 7 ieraksti

Oct 24, 2016 at 07:13

Biedrs kopš 7 ieraksti

My account by my own setting : https://www.myfxbook.com/members/nonameb3/real-tickmill/1617817

ryang123

Biedrs kopš 77 ieraksti

Oct 25, 2016 at 07:01

Biedrs kopš 77 ieraksti

I don't blame the EA at all. I should have turned off GBP knowing the risk during this volatile time so my fault on that. It has a stop loss feature that might have saved me from going into the neg but I don't think it would have saved all that much. The gap was so large it would have had massive slippage. Either way anyone with long positions in GBP was done for.
I made 20% the month prior to the crash. The months before that have always been 10% plus. This is using 1.0 as the lot multiplier and using "dynamic lots" with the MM tool on true. Really, you can plug and play this ea. Hoping to get my account back up quick so I can start trading again and MFM (5 and 7 combined) is the only EA I need to do it!!
But I think I'll use Forex Flex too:)

Choose a good reputation over great riches (PROVERBS 22:1)

obatel

Biedrs kopš 9 ieraksti

Oct 26, 2016 at 06:53

Biedrs kopš 9 ieraksti

MFM obviously is a good EA. However, I found discontinuing MFM5 without informing his client as shocking. 90% of the trades shown under MFM7 were done by earlier version he cannot claim the success of 5 and not it's failure.

obatelsystems@

ryang123

Biedrs kopš 77 ieraksti

Oct 28, 2016 at 08:32

Biedrs kopš 77 ieraksti

I was shocked with that too. An email would have been nice!

Choose a good reputation over great riches (PROVERBS 22:1)

tankbeta

Biedrs kopš 169 ieraksti

Nov 22, 2016 at 01:07

Biedrs kopš 169 ieraksti

anyone here still using mfm5? or did everyone switched to new version?

Plan your trades and trade your plans.

ryang123

Biedrs kopš 77 ieraksti

Nov 22, 2016 at 02:31

Biedrs kopš 77 ieraksti

I'm still using it but its not nearly as accurate as 7.

Choose a good reputation over great riches (PROVERBS 22:1)

dan1b

Biedrs kopš 14 ieraksti

Dec 05, 2016 at 08:05

Biedrs kopš 14 ieraksti

is anyone try the MFM7 new system?
what's the impression?

Eagles and Falcons will not be accepted as a members in the Cuckoos club

fastdrive55

Biedrs kopš 98 ieraksti

Dec 05, 2016 at 12:35

Biedrs kopš 98 ieraksti

It is a very passive system. To me it seems this is an effect because of the formidable crash the MFM5 system had a couple of weeks ago.
As I said before, both MFM are strong EA's. But the information policy of the creator is not.

You haven't been around lately.

tankbeta

Biedrs kopš 169 ieraksti

Jan 06, 2017 at 16:09

Biedrs kopš 169 ieraksti

blown 2 accounts with mfm5 and mfm7

its good with range market but with news. it crashes! whats shocking is vendor trade is different from client trades. thats why you can see the vendors is still surviving while other clients accounts already crashed

Plan your trades and trade your plans.

ryang123

Biedrs kopš 77 ieraksti

Jan 06, 2017 at 16:34

Biedrs kopš 77 ieraksti

Asian scalpers do not work during times of high volatility.

Choose a good reputation over great riches (PROVERBS 22:1)

tankbeta

Biedrs kopš 169 ieraksti

Jan 06, 2017 at 16:45

Biedrs kopš 169 ieraksti

ryang123 posted:
Asian scalpers do not work during times of high volatility.

how is your mfm7? is it still running?

Plan your trades and trade your plans.

ryang123

Biedrs kopš 77 ieraksti

Jan 06, 2017 at 19:04 (labots Jan 06, 2017 at 19:05)

Biedrs kopš 77 ieraksti

tankbeta posted:
ryang123 posted:
Asian scalpers do not work during times of high volatility.

how is your mfm7? is it still running?

I like your quote, plan your trades....!
I took mine down at the beginning of december. Had too much volatility going on. It does great when S/R holds but that is only during slow times of the year. If you look at my MAM, NJFX, you can see a huge loss (about 12%) on 11/28. That was partly because I hedged the trade the MFM7 took. Later after that, it totally blew my test account labeled MFM5 and MFM7. I was testing different risk levels with this account and it was somehow left on over Italian referendum. That was just careless on my part, knowing it can not trade during times like that. For now, on the MAM, I'm running Flex EA and some good 'ol discretionary trading! Also running Funnel Trader on a separate account and small test account with Inertia Trader, both doing great.

Choose a good reputation over great riches (PROVERBS 22:1)

tankbeta

Biedrs kopš 169 ieraksti

Jan 08, 2017 at 14:33

Biedrs kopš 169 ieraksti

RedRhinoFX posted:
tankbeta posted:
blown 2 accounts with mfm5 and mfm7

its good with range market but with news. it crashes! whats shocking is vendor trade is different from client trades. thats why you can see the vendors is still surviving while other clients accounts already crashed

It was the GBP flash crash that demolished the clients accounts. How the vendor avoided that spike is unknown to us.

a good review for future buyers of mfm7.

Plan your trades and trade your plans.

SeriyGena

Biedrs kopš 4 ieraksti

Mar 01, 2017 at 07:35

Biedrs kopš 4 ieraksti

I have bought it recently. I didn't set all pairs,on these i set , there is poor matching between my and vendor account. But i am running this for several days only. I had send several questions to support and was not responded.

Tradergena@

fastdrive55

Biedrs kopš 98 ieraksti

Mar 27, 2017 at 12:23

Biedrs kopš 98 ieraksti

MFM7 took a BIG dip March 15, 2017, USDJPY. Ca.12% Not sure what happened there. It is suprising there was no stop active.

You haven't been around lately.

EURUSD	1.13027	GBPUSD	1.32646	AUDUSD	0.64479
USDJPY	144.946	USDCAD	1.38227	USDCHF	0.82551

Reklāma

Diskusija