Not updated for 23 hours. So this myfxbook is turned off on this account while it has open trades. When trades are closed, it is turned on and trades show in history. This way it avoids showing the true degree of drawdown while trades are open.

hi,
market was sideways last 24 hours, EA should not be hurting.
Where Can I get this EA?

Same EA is here on myfxbook, updating properly it seems.

https://www.myfxbook.com/members/MRTFX/mrtfx-power-live-synergy/374548

Website here, https://www.mrtfx.com

Not sure why both Synergy and this vendor are both providing it but it's free from Synergy and $487 from the vendors page.

It is not free from Synergy it costs U$ 97 and minimum deposit is U$ 1000.

hi,
Cant find it on synergy website at all!

muzzamcc posted:
Same EA is here on myfxbook, updating properly it seems.

https://www.myfxbook.com/members/MRTFX/mrtfx-power-live-synergy/374548

Website here, https://www.mrtfx.com

Not sure why both Synergy and this vendor are both providing it but it's free from Synergy and $487 from the vendors page.

Muzzamcc is correct, the above link is the same EA, but it is updating correctly. But the only way to get the EA is through opening up a funded trading account with Synergy FX. The EA won't work on other servers, it will come up with an error. I know this because I introduce clients to Synergy FX through my rebate company, Rebates Forex. Rebates Forex has worked out a special promotion with Synergy FX to give the first 50 clients to open a funded account this EA for free, rather than paying $97 for it. Also, you would receive .35 pips back on all your trades. Spreads/Commission/Execution are exactly the same as opening up an account through Synergy FX directly.

I'm not necessarily trying to promote Rebates Forex, I just wanted to give everyone on this thread the right information because this EA looks promising! If you were looking to trade with Synergy FX and want the EA for free and rebates, then here's the link: https://www.rebatesforex.com/brokers/synergy-fx

Hope this helps 😄

Hi all,

Apologies on the auto update, my firewall has been blocking the outbound calls to update to myfxbook and hadn't determined the problem, so had to do this manual - by posting the statement file to myfxbook client directory. This problem has now been rectified - aka firewall port allowed.

The EA running is running on risk level 2 which is the default. With risk 4 the return was 2-3 times this higher though at a greater risk.

This EA isn't for everyone, please read the FAQ at:
https://www.synergyfx.com.au/Ichi/Ichi_faqv101.pdf

Jsantos - we mention in the FAQ that this EA can have large drawdowns, we are not trying to hide this.

IchiFX is sometimes rebranded, also call white-labelled by other Introductory Brokers (they are like distributors/resellers) to Synergy - hence the example above.

I hope that clarifies things :)



 

Hi TacticalFX,

I'm on existing SynergyFX client, and I opened up an account through their link the other day (although I'm yet to purchase the EA). Is there any way that I cn use this account to qualify for your rebate program and receive the EA for free?

Thanks

I am putting up a risk level 5 and a new currency feature we are testing in the next couple of days.

What is the worst-case scenario of stop loss and number of open trades? At which point will the EA take a loss if there is no retracement in a trend against open positions?

good job with your EA

thx young chang.

Jsantos - have you read the FAQ? It states how the lot size is determined and how many trades there will be. There is a maximum of 10 trades, by 10 trades the lot size is high and needs only a small move in it's direction. If it gets a large move against it after 10 trades then this could loose a your account. There is an equity protection flag. On backtesting depending on the year there are 5-10 days a year where the EA would have lost your account. Minimum equity protection we suggest is 40% as in larger trades 20-30% drawdown is normal. Currently we are experiencing a really good sideways market, hence the very low drawdown.

How can we backtest the EA when the Backtesting is Disabled ?

can you verify your account to show it is REAL.

Also this EA is a Tweaked version of ILAN1.4 - https://codebase.mql4.com/4546 with Ickimoku Indicator and Their Risk setting.

find it free on WWI

Trick or Treat - no it's not the same EA - good luck with that one!

hi ichi,
I get slightly different open/close trades on demo account.
I use Icih_5Mv55
Have also Tried Ichicalper.ex4

Why demo is different than your live?

I have verified the account :)

https://www.myfxbook.com/members/fxdme/asset-management-program/402240/NmOvnhYNHsdKE3tz3GlJ

Do you work with this company. Their advertising the IchiScalper for account management.

its the same account as yours

https://www.myfxbook.com/members/tiag/ichi-scalper-live-risk-level/370017

But they haven't verified their trading privileges. Can I get investor password too 😁

https://www.fxdme.com/managed.html