MellyForex

Joined Mar 22, 2011

Posts: 13

Connections: 0

Experience: More than 5 years

Location: United Kingdom

Profile

Bio

For honest, down to earth Forex articles, news and EA reviews, please visit my website at www.mellyforex.com

Trading style

The trend is my best friend!

Motto

One day, one step at a time

Systems by MellyForex

Name

Gain

Drawdown

Performance

Forex Gale (2)

Demo

MetaTrader 4

-99.55%

99.92%

Forexbody Money Printer (2)

Demo

1:200

MetaTrader 4

-99.73%

100.00%

Recent Posts

Forex Thor

Hi James,Without knowing more information such as your broker and the details of the differences between the two sets of trades, that's a very difficult question to answer. Could you please start a thread to raise those questions on the MellyForex forum here:https://www.mellyforex.com/forum/comm...

1654

Mar 01, 2012 at 09:43

Fast Forex Millions

No, I haven't adjusted the filter depth, and I didn't receive the email from FFM support either. They possibly only sent it to users and not to affiliates.My copy has only been trading so far for a few days, so it's a bit too soon to be adjusting any of the settings in my opinion. Even so, I do...

1270

Jan 27, 2012 at 16:36

Fast Forex Millions

Hi, yes they're the defaults although I've lowered the risk to 3%. There's more about it here:https://www.mellyforex.com/reviews/item/2012-01/fast-forex-millions-ea---expert-advisor-in-forward-test

1270

Jan 27, 2012 at 14:33

Forex Gale (2)

No problem, I've edited the settings.

1101

Dec 21, 2011 at 17:07

Forexbody Money Printer

Hi Alex,Thanks for the kind words.The problem with the EA is that it can carry a large open drawdown which can exceed the profit it's already banked. So far, the open drawdown has peaked at around 75%. When you look at an MT4 statement, all of the statistics only reflect the closed trades and l...

2164

Nov 07, 2011 at 09:03

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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.

EURUSD	1.1613	GBPUSD	1.3521
USDJPY	156.246	USDCAD	1.3836