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Instant Forex Profit Robot

Professor53
Jun 08 2012 at 16:31
795 príspevkov
Anyone following this new EA? Its looking great and trades multiple pairs. ANyone buy it?
Click on my Name to see My Live Charts and Bio.
Stijn (stijn007)
Jun 09 2012 at 18:34
6 príspevkov
Hello,

i bought this robot and start using it instant. i allready made me 455 pips :-) can't believe it myself. currently testing it on 0.01 lots and if i keeps winning i will increase the lotsize. Made 19 trades and 1 loser only.
zyrt
Jun 10 2012 at 04:44
202 príspevkov
Thanks, any myfxbook Stijn? Does the EA work on 5 digit brokers?
Stijn (stijn007)
Jun 10 2012 at 19:18
6 príspevkov
EA works on 5digit broker yes. i just started a myfxbook it will be shown tomorrow. i'm using 2 EA so keep in mind that it's not only IFX profit robot. Kishore M offers a 60 day refund so if your not happy you get your money back. i have tested many EA's this way. alwasys got my refund so not much risk if you keep the lotsizes low till you are sure you got a winner.
marsie
Jun 11 2012 at 02:42
18 príspevkov

   Professor53 posted:
   Anyone following this new EA? Its looking great and trades multiple pairs. ANyone buy it?

https://www.mt4i.com/users/frr_ifxprofitsrobot/stats
Professor53
Jun 11 2012 at 04:04
795 príspevkov
Lets keep some activity on this EA. Im hoping that it does as well as its looking. That link shows a small DD at this time. https://www.mt4i.com/users/frr_ifxprofitsrobot/stats
TY MArsie for the link and live chart link.

Are there any myfxbook charts posted?

 Is it anyones option, that it works under any condition and any Broker or does it need special conditions?


Garry
Click on my Name to see My Live Charts and Bio.
zyrt
Jun 11 2012 at 05:19
202 príspevkov
I will post my myfxbook in a few days. We have so little information about this robot, we must test on a few months...
paddleplus
Jun 11 2012 at 05:59
12 príspevkov
Is this a monthly subscription or a one time purchase EA?
Professor53
Jun 11 2012 at 07:48
795 príspevkov
It reads like its a one time purchase. Some of the bots being sold recently are breaking the $99 barrier for purchase. If the Robot is under $99, it most likely will have a upsell once you have purchased the basic model. So far, no one has complained of any upsells.

Garry
Click on my Name to see My Live Charts and Bio.
paddleplus
Jun 11 2012 at 12:52
12 príspevkov
I am going to keep my eye on this one it looks like it I might try it if I can find some more feed back. Looking at the trades on the web site the trailing stop cuts winning trades from gaing much although it is making a proffit over all.
Paddleplus
IMylo
Jun 12 2012 at 06:35
34 príspevkov
The backtests on several pairs have negative results!!!
Professor53
Jun 12 2012 at 07:14
795 príspevkov
How can you back test a EA on MT4 that uses many pair? Its impossible. I have my own EA that I built and Im runnning 2 to 5 pair at the same time and its doing well. BUT, If backtested, it would do terrible cause it needs the neggative correlation to balance the trades and much, much more. I dont want to speak to early for or against this EA, but I dont think you can fairly back test a multiple pair EA. If you can, Id love to learn about it so I can optimize my own multipair EA.

Garry
PS.

How can you back test a multiple pair EA on MT4?
Click on my Name to see My Live Charts and Bio.
IMylo
Jun 12 2012 at 08:42
34 príspevkov
Thank you Garry,i think you are right!
Stijn (stijn007)
Jun 12 2012 at 11:09
6 príspevkov
I'm using it now for 3 days and am down for the moment. am doing alot of backtest per pair and only found 1 pair that is profitable AUD/JPY. also i have changed the trailingstop to 5 pips in stead of 15 pips. i'm sure this could be a good Ea since Kishore M is behind it and i like that guy's way of trading.
Stijn (stijn007)
Jun 12 2012 at 19:08
6 príspevkov
I started an practice account on FXprimus, 1 of the recommend brokers. the account is trading the 2 EA's you get when buying IFX profit robot. let's see how it works out. all are standard settings and will let it run 24/5 on my vps
here is the link to follow it https://www.myfxbook.com/members/stijn007/ifx-profit-robot/326281
Professor53
Jun 12 2012 at 21:37
795 príspevkov
https://www.myfxbook.com/members/stijn007/ifx-profit-robot/326281

This is good, we can now follow it live! Thanks so much.
Garry
Click on my Name to see My Live Charts and Bio.
Professor53
Jun 12 2012 at 21:39
795 príspevkov

   IMylo posted:
   Thank you Garry,i think you are right!
Was readlly hoping you knew of a way I could back test my multiple pair EA's.... smile..
Click on my Name to see My Live Charts and Bio.
Equahrefgam
SanandaJmmanuel
Jun 14 2012 at 01:23
27 príspevkov
to be honest , i tested almost 28 robots online. And almost none can work , because its not engineer to trade in real live situation. From my understanding about the forex market, and its volatility.

I think most robots are just written for the sake of selling through marketing, and not really there to help people make money as it claimed.

paddleplus
Jun 14 2012 at 06:22
12 príspevkov
Got that right, buyer beware, what realy sucks is when they start wiorking so you have a little trust in them then when you try real money they crash. Or they work real good on demo taking just a couple of pips but when on real account they lose lose lose!!!!!!!!
PaxForexTrader
Jun 19 2012 at 06:15
8 príspevkov
Does any one know is Instaforex ans Litle forex/UWC have the same owner?
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