MQLme Expert Advisor Omówić

majamivice posted:
Hello MQLme
Is there any security option where your EA stop trading if floating drawdown (%) is under value which we can choose? And do you recommend it according to risk setting we have?

Dear @majamivice

Currently the EA does not have such option but we try to consider it in the next updates.

Regards

Hello MQL me: I could not activate EA with registered account number, pls check support email.

ozboy posted:
Hello MQL me: I could not activate EA with registered account number, pls check support email.

Dear @ozboy

We have not received any email from you.

Please contact our support. You may use our website contact form too.

https://www.mql.me/#Contact-Us


Regards

Hello MQLme supporter
                          I'm deciding to buy MQL Me EA. I want to know If my broker is Weltrade , My leverage is 1:1000 ,
My balance is 2,000 USD , Usually spread of EURUSD is 0.9-1.2 pips.
- Can I use this EA with risk = 15 or 30 ?How much maximum floating loss or Drawdown ? How much the profit that can expected for 1 month?
- If I use default risk = 10 , How much maximum floating loss or Drawdown ? How much the profit that can expected for 1 month

- I like concept for this EA that has the master who take care decision to trade. It will safer more than only EA without human intervention. From last friday with GBP Crisis that GBPUSD drop about 5,000 point. it's so terrible. If this situation occur on EURUSD
What do you think MQL Me can survive with situtation look like this ?
                                                                                     
                                                                                                Thank you in advance for you reply

kitty33421 posted:
Hello MQLme supporter
                          I'm deciding to buy MQL Me EA. I want to know If my broker is Weltrade , My leverage is 1:1000 ,
My balance is 2,000 USD , Usually spread of EURUSD is 0.9-1.2 pips.
- Can I use this EA with risk = 15 or 30 ?How much maximum floating loss or Drawdown ? How much the profit that can expected for 1 month?
- If I use default risk = 10 , How much maximum floating loss or Drawdown ? How much the profit that can expected for 1 month

- I like concept for this EA that has the master who take care decision to trade. It will safer more than only EA without human intervention. From last friday with GBP Crisis that GBPUSD drop about 5,000 point. it's so terrible. If this situation occur on EURUSD
What do you think MQL Me can survive with situtation look like this ?
                                                                                     
                                                                                                Thank you in advance for you reply

Dear @kitty33421

Thanks for your interest in MQL.me Expert Advisor.

We have not tried your broker but our EA works under all MT4 supported brokers.

With your account you may use the Risk up to 30 as our live account.

- We use Risk 30 for our live test. Please notice that this is aggressive setting and you need at least 1:200 leverage. The maximum DD in worst case could be up to 90% of the account balance. There is no fixed value for monthly return but our history shows something about 60% a month.

- We recommend Risk 10. The max possible DD would be about 30% and monthly return about 15% to 20%.

- MQL.me never open a new position on Fridays but no EA can survive from such a huge sudden move if it happens during the trading days.


Regards

MQLme posted:

ozboy posted:
Hello MQL me: I could not activate EA with registered account number, pls check support email.

Dear @ozboy

We have not received any email from you.

Please contact our support. You may use our website contact form too.

https://www.mql.me/#Contact-Us


Regards

The support contacted me yesterday and the issue fixed.

Thanks.

MQLme posted:

kitty33421 posted:
Hello MQLme supporter
                          I'm deciding to buy MQL Me EA. I want to know If my broker is Weltrade , My leverage is 1:1000 ,
My balance is 2,000 USD , Usually spread of EURUSD is 0.9-1.2 pips.
- Can I use this EA with risk = 15 or 30 ?How much maximum floating loss or Drawdown ? How much the profit that can expected for 1 month?
- If I use default risk = 10 , How much maximum floating loss or Drawdown ? How much the profit that can expected for 1 month

- I like concept for this EA that has the master who take care decision to trade. It will safer more than only EA without human intervention. From last friday with GBP Crisis that GBPUSD drop about 5,000 point. it's so terrible. If this situation occur on EURUSD
What do you think MQL Me can survive with situtation look like this ?
                                                                                     
                                                                                                Thank you in advance for you reply

Dear @kitty33421

Thanks for your interest in MQL.me Expert Advisor.

We have not tried your broker but our EA works under all MT4 supported brokers.

With your account you may use the Risk up to 30 as our live account.

- We use Risk 30 for our live test. Please notice that this is aggressive setting and you need at least 1:200 leverage. The maximum DD in worst case could be up to 90% of the account balance. There is no fixed value for monthly return but our history shows something about 60% a month.

- We recommend Risk 10. The max possible DD would be about 30% and monthly return about 15% to 20%.

- MQL.me never open a new position on Fridays but no EA can survive from such a huge sudden move if it happens during the trading days.


Regards

@MQLme Thank you for your information. I buy your EA already today. Please go on to develope this EA to the best. I'm count on you and your team 😉

after few weeks already, can we buy the actual EA yet? Or only trade copier?

kitty33421 posted:
@MQLme Thank you for your information. I buy your EA already today. Please go on to develope this EA to the best. I'm count on you and your team 😉

Dear @kitty33421

Thanks. Be sure we try our best.


Regards

Sunnyday posted:
after few weeks already, can we buy the actual EA yet? Or only trade copier?

Dear @Sunnyday

Thanks for your interest in our EA. As I said before MQL.me Expert Advisor receives the signals from our server and we are not going to change it.

Regards

Anyone who has had the EA for some time can elaborate how progress is going?

It's doing great for me!

It's doing good, but if you are an emotional trader I wouldn't recommend it. Even with Risk 10 I have gone into drawdowns of -$40/50. I personally feel that the entry points could be better. I think drawdown could be limited with a better entry but that isn't to say the system is doing bad for me, just constructive criticism. I think the best thing this EA could do is re-code their Risk settings to a percentage. For example, Risk 2%, that way the max Risk on your account is 2% even with the 200 pip stop loss. Time will tell how the EA keeps up. But that is all my personal experience. They do have great support team.

Jimmylc15 posted:
It's doing good, but if you are an emotional trader I wouldn't recommend it. Even with Risk 10 I have gone into drawdowns of -$40/50. I personally feel that the entry points could be better. I think drawdown could be limited with a better entry but that isn't to say the system is doing bad for me, just constructive criticism. I think the best thing this EA could do is re-code their Risk settings to a percentage. For example, Risk 2%, that way the max Risk on your account is 2% even with the 200 pip stop loss. Time will tell how the EA keeps up. But that is all my personal experience. They do have great support team.

Agree, I think the entry could be better. And frequently posting is important, at least we know they are monitor the open trade during the drawdown, such as this times, drawdown have been 50pip + and no action or update info.

Hi MQL.me

any plan for hard stop and still waiting?

Thanks for the updates guys, I purchased the EA anyway and am running on a small account that frankly if I lost I would not be that bothered so hopefully things will work out. Although since they advertised the account with risk 30 I am also on that I kind of agree with you on the entry point especially with today's trade but that's forex if I could do better I wouldn't need EA's.

Happy pips all.

fxdummy posted:
Hi MQL.me

any plan for hard stop and still waiting?

Dear @fxdummy

Not yet. We still believe the market goes up and touches our TP.

We are constantly monitoring the trend.


Regards

With coming up FOMC Meeting Minutes, and strong USD, hopefully MQLme would come up with something.
Last three months trades were quite good.

fxdummy posted:

Jimmylc15 posted:
It's doing good, but if you are an emotional trader I wouldn't recommend it. Even with Risk 10 I have gone into drawdowns of -$40/50. I personally feel that the entry points could be better. I think drawdown could be limited with a better entry but that isn't to say the system is doing bad for me, just constructive criticism. I think the best thing this EA could do is re-code their Risk settings to a percentage. For example, Risk 2%, that way the max Risk on your account is 2% even with the 200 pip stop loss. Time will tell how the EA keeps up. But that is all my personal experience. They do have great support team.

Agree, I think the entry could be better. And frequently posting is important, at least we know they are monitor the open trade during the drawdown, such as this times, drawdown have been 50pip + and no action or update info.

I agree, I think it would be better if we could get updated when large drawdowns such as this one are happening. I personally don't understand the entry point on this trade as there showed no signs of price going up. The downtrend was in full effect. Regardless, an update would be nice