MFM5 (Oleh ex4systems)
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MFM5 Perbincangan
Ahli sejak Feb 22, 2015
82 hantaran
Jun 27, 2015 at 19:16
Ahli sejak Feb 22, 2015
82 hantaran
Yes I know, but I think that if we put Download settings TRUE, this work to put buy or sell will be made by the vendor...I want to believe that....
Ahli sejak Jul 20, 2012
87 hantaran
Jun 27, 2015 at 19:17
Ahli sejak Jul 20, 2012
87 hantaran
Currently (June 27), the following pairs are on a downtrend (sell): EUR/CHF, EUR/CAD, CAD/CHF.
"Risk means more things can happen than will happen."
Ahli sejak Jul 20, 2012
87 hantaran
Jun 27, 2015 at 19:24
Ahli sejak Jul 20, 2012
87 hantaran
fer_LF posted:
Yes I know, but I think that if we put Download settings TRUE, this work to put buy or sell will be made by the vendor...I want to believe that....[/quote
That may be. However, MFM4 almost always traded long. We need clarification from the vendor.
"Risk means more things can happen than will happen."
Ahli sejak Jul 23, 2014
22 hantaran
Jun 27, 2015 at 19:52
Ahli sejak Jul 23, 2014
22 hantaran
fer_LF posted:
That may be. However, MFM4 almost always traded long. We need clarification from the vendor.
If Download_Settings is set to true "Side" is downloaded. You do not need to adjust any of the settings, the EA is fully automated.
If you are going to use your own settings I would recommend against only buying in an up trend and selling in a down trend. Markets range most of the time, if the market is high, it is in danger of falling and not returning. It would be a better idea to short then (counter trend trading) The strategy has nothing to do with trend, trend is unreliable unless you have some fundamental reason to beleive that the market is going to keep trending.
Ahli sejak Feb 22, 2015
82 hantaran
Jun 27, 2015 at 20:18
Ahli sejak Feb 22, 2015
82 hantaran
Ok, so, Download_Settings will be "true"
Personally I have shutdown all my EA´s until monday by this week
Personally I have shutdown all my EA´s until monday by this week
Ahli sejak Mar 31, 2014
192 hantaran
Jun 28, 2015 at 03:18
Ahli sejak Mar 31, 2014
192 hantaran
I left everything to default except stop loss. ( changed to 1 ). Not having stop loss is just wrong.
ben@
Ahli sejak Jun 26, 2015
8 hantaran
Ahli sejak Jun 22, 2015
15 hantaran
Jun 28, 2015 at 06:44
Ahli sejak Jun 22, 2015
15 hantaran
I have a question for you guys. In Time_Start the correct format obey UTC notation? I ask because the time zone changes, like you know
Ahli sejak Jul 23, 2014
22 hantaran
Jun 28, 2015 at 23:20
Ahli sejak Jul 23, 2014
22 hantaran
bracker posted:
I have a question for you guys. In Time_Start the correct format obey UTC notation? I ask because the time zone changes, like you know
Time_Start is an integer, you only type numbers. (0-2359)
You time zone is not relevant, if your Time_Offset has been set properly, a Time_Start of 0 (00:00) will always equal 5pm New York time.
Ahli sejak May 20, 2011
694 hantaran
Jun 29, 2015 at 01:16
Ahli sejak May 20, 2011
694 hantaran
MFM5 in today ! Very excited for this !
Ahli sejak Jun 22, 2015
15 hantaran
Jun 29, 2015 at 06:40
Ahli sejak Jun 22, 2015
15 hantaran
Very strange, my MFM5 didn't put any order till now.
Ahli sejak Jun 22, 2015
15 hantaran
Jun 29, 2015 at 06:40
Ahli sejak Jun 22, 2015
15 hantaran
In EA setup wy have this information: "If Download_Settings is set to true the EA will automatically determine the proper Time_Offset and display it on the chart screen." These means that I don't need to setup the Time_Offset no?
Ahli sejak Mar 31, 2014
192 hantaran
Jun 29, 2015 at 08:48
Ahli sejak Mar 31, 2014
192 hantaran
My MFM5 lost about 2% with 3 stop losses... Im using default settings with stop loss set to 1.. Vendor account had profit...any idea why?
Was it just me or it did happen to he rest?
Was it just me or it did happen to he rest?
ben@
Ahli sejak Oct 02, 2014
16 hantaran
Jun 29, 2015 at 08:58
Ahli sejak Oct 02, 2014
16 hantaran
No it happened to me as well. $10,000 lost on a demo account over night on the new one, and I too had used a stoploss setting thinking it would be safer (as previous month I lost 28k on a demo in ONE trade without stop loss).
If the vendor can explain if stop loss is not set correct, would be good. I have removed SL for now on demo mode. If we set no stop loss, how is this EA protecting us against 28k drops like I suffered previous?
If the vendor can explain if stop loss is not set correct, would be good. I have removed SL for now on demo mode. If we set no stop loss, how is this EA protecting us against 28k drops like I suffered previous?
Ahli sejak Sep 08, 2010
54 hantaran
Jun 29, 2015 at 11:27
Ahli sejak Sep 08, 2010
54 hantaran
I started up MFM5 version over the weekend and had great trades last night with Tallinex. Several excellent TP hit for some nice pips.
I am using the auto downloaded settings....I am not changing the default settings at all. Would expect others should do the same.
I am using the auto downloaded settings....I am not changing the default settings at all. Would expect others should do the same.
Ahli sejak Mar 31, 2014
192 hantaran
Jun 29, 2015 at 12:27
Ahli sejak Mar 31, 2014
192 hantaran
Could vendor come please and explain? todompoll says he had great trades and Jared77 and myself had stop losses? how is that happen? ( the only point here is I put the stop loss to Automatic (the rest is just the same ).
Should not the system be more standard? Now we are getting quite different results than Vendor. ( during MFM4 I had more similar trades than on MFM5)
Regards
Should not the system be more standard? Now we are getting quite different results than Vendor. ( during MFM4 I had more similar trades than on MFM5)
Regards
ben@
Ahli sejak Jul 23, 2014
22 hantaran
Jun 29, 2015 at 13:09
Ahli sejak Jul 23, 2014
22 hantaran
bundesrepublik posted:
Could vendor come please and explain? todompoll says he had great trades and Jared77 and myself had stop losses? how is that happen? ( the only point here is I put the stop loss to Automatic (the rest is just the same ).
Should not the system be more standard? Now we are getting quite different results than Vendor. ( during MFM4 I had more similar trades than on MFM5)
Regards
As I said in the setup tutorial, stop hits are rare, but if you are using a hard stop it will happen sometimes. I also stated that I do not use a hard stop and I do not recommend that you do.
Exit strategies are often more complicated than a simple stop loss. The EA is not a "pray for return" EA, it will cut losses. If you are not comfortable with the risk, reduce your lot size, the EA will not blow the account at default lot sizes.. I only put a hard stop feature into the EA because many of you will complain about not having a hard stop. Listen to me and leave the Stop_Loss set to 0.
The EA was designed to use a hard stop, so if you choose to, you will still make money, however the results will be slightly different. Also, the EA looks at the broker's recent spreads, so trades will vary from broker to broker.
I've been busy setting up the New EA and missed the Yen news release yesterday, significant news releases are rare on Sundays. Had I seen them, I would have shut the Yen's down. That's what caused the volatility in the market yesterday. Fortunately most of you benefited, I had one trader that made 30% yesterday with ICMarkets.
Ahli sejak Mar 31, 2014
192 hantaran
Jun 29, 2015 at 16:10
Ahli sejak Mar 31, 2014
192 hantaran
Thanks ...
I will set all the stop losses to " 0 " and put customes lot sizes. I think at the same time we would have the same settings as yours with lower lot sizes.
Thanks again for your support ex4systems.
I will set all the stop losses to " 0 " and put customes lot sizes. I think at the same time we would have the same settings as yours with lower lot sizes.
Thanks again for your support ex4systems.
ben@
Ahli sejak Oct 02, 2014
16 hantaran
Jun 29, 2015 at 20:18
Ahli sejak Oct 02, 2014
16 hantaran
agreed ex4sysytems, but what do you think of 2 x 28,000 losses on my 100k demo from previous version due to no stoploss? should we have to monitor this EA or put a very large stop loss in to try and limit those risks or do you think your new EA is vastly improved?
Ahli sejak Jul 23, 2014
22 hantaran
Jun 29, 2015 at 21:46
Ahli sejak Jul 23, 2014
22 hantaran
jared77 posted:
agreed ex4sysytems, but what do you think of 2 x 28,000 losses on my 100k demo from previous version due to no stoploss? should we have to monitor this EA or put a very large stop loss in to try and limit those risks or do you think your new EA is vastly improved?
What was your lot size?

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