The Money Tree (Genom leapfx )
Förstärkning : | +7783.91% |
Uttag | 23.27% |
Pips: | 3120.8 |
Trades | 500 |
Won: |
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Förlorad: |
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Typ: | Verkligt |
Hävstångseffekt: | 1:200 |
Handel: | Automatiserad |
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Mark Watson
(getrichsoon1978)
Medlem sedan Jul 11, 2019
41 inlägg
Oct 19 2022 at 13:31
FYI, its making money dude, so this Money Tree EA really works.
leapfx
Medlem sedan May 22, 2018
141 inlägg
Oct 19 2022 at 17:13
Yes, we had similar, many trades on EURUSD that yielded profit.
Mark Watson
(getrichsoon1978)
Medlem sedan Jul 11, 2019
41 inlägg
Oct 25 2022 at 15:19
Well it turns out that this Money Tree EA is a complete pile of rubbish. Sure it can make money, but its very broker sensitive because it would not trade with Global prime whom is one of the best brokers in the world, they have low spreads + low commissions and great execution, and they are a true ECN.
So I opened a Pro account at Blaze Markets, and ran the Money Tree EA on a VPS in London where the trading servers are located for Blaze Markets. There was a bunch of trades in the last week, and I had everything the exact same as Leap FX, the same account, the same brokers, the same leverage with very fast execution times. But there was only one trade that was the same entry time as the vendor, the rest of my trades were way off.
One sell on EU was 15 mins late, another was 9 mins late, and a third one was 7 mins late in comparison to the vendor’s entry times. On top of that I also had extra sells on the EU which the vendor never got. What this means is that this EA is not very stable at all. The vendor’s sells on the EU were all better entries of course than the 3 sells that were all late on my Blaze live account. When an EA is not stable, it means that the programmer was not that good, or experienced for that matter. The one & only sell that was the same entry time was the exact same outcome as my account.
When you program any logic or strategy, it should open the exact same trades providing it’s with the same broker, the same account type, and the same leverage, although the leverage would never effect the entry time one bit. The other major issue that I discovered, was that 80% of his trades have a 40 pip hard stop loss, except for a handful which closed at a loss of, 75 pips, 192 pips, 122 pips, 63 pips & 97 pips which everyone can all see in the trade history.
So I opened a Pro account at Blaze Markets, and ran the Money Tree EA on a VPS in London where the trading servers are located for Blaze Markets. There was a bunch of trades in the last week, and I had everything the exact same as Leap FX, the same account, the same brokers, the same leverage with very fast execution times. But there was only one trade that was the same entry time as the vendor, the rest of my trades were way off.
One sell on EU was 15 mins late, another was 9 mins late, and a third one was 7 mins late in comparison to the vendor’s entry times. On top of that I also had extra sells on the EU which the vendor never got. What this means is that this EA is not very stable at all. The vendor’s sells on the EU were all better entries of course than the 3 sells that were all late on my Blaze live account. When an EA is not stable, it means that the programmer was not that good, or experienced for that matter. The one & only sell that was the same entry time was the exact same outcome as my account.
When you program any logic or strategy, it should open the exact same trades providing it’s with the same broker, the same account type, and the same leverage, although the leverage would never effect the entry time one bit. The other major issue that I discovered, was that 80% of his trades have a 40 pip hard stop loss, except for a handful which closed at a loss of, 75 pips, 192 pips, 122 pips, 63 pips & 97 pips which everyone can all see in the trade history.
leapfx
Medlem sedan May 22, 2018
141 inlägg
Oct 26 2022 at 19:47
Sounds like something may be off on your end I recommend contacting our support email. Because for most people using same setup. The results are essentially same. There's certain scenarios where it can be different, such as a poor VPS that is slow. Mess up in setup, conflict with another software, etc. Money tree is in no way unstable or poorly designed it literally has thousands upon thousands of lines of code, it's very complex.
leapfx
Medlem sedan May 22, 2018
141 inlägg
Oct 27 2022 at 15:25
Yeah sorry but these claims are not true. This Jozsef Mark guy, was abusive to our support so we chose to not work with him. And we refunded him within a few days of purchase and he did receive the refund and he confirmed it. The guy is a liar and has issues he needs help with. Sprint777 you are clearly the person who keeps making fake accounts and posting fake garbage, we will continue to block you.
Hello,
Quick question on the EA. so the live account is 8 month old. i see some pairs there are like 7-8 trades only vs 30 on other pair. Are those single digit pairs like, that's all you get for trades opened in 8 months? or did the seller turned that pair off and on?
And i was wondering about the DD at what balance was the account for a -21% DD.
Thank you for the info.
Quick question on the EA. so the live account is 8 month old. i see some pairs there are like 7-8 trades only vs 30 on other pair. Are those single digit pairs like, that's all you get for trades opened in 8 months? or did the seller turned that pair off and on?
And i was wondering about the DD at what balance was the account for a -21% DD.
Thank you for the info.
Mark Watson
(getrichsoon1978)
Medlem sedan Jul 11, 2019
41 inlägg
Oct 27 2022 at 16:10
Why is there no trades from yesterday or today on this account as I got them on my live account ??
brazilman37
Medlem sedan May 02, 2020
4 inlägg
Oct 27 2022 at 17:19
something is off. on this site they block the lot sizes used.
leapfx
Medlem sedan May 22, 2018
141 inlägg
Oct 27 2022 at 17:52
omgitzluc posted:
Hello,
Quick question on the EA. so the live account is 8 month old. i see some pairs there are like 7-8 trades only vs 30 on other pair. Are those single digit pairs like, that's all you get for trades opened in 8 months? or did the seller turned that pair off and on?
And i was wondering about the DD at what balance was the account for a -21% DD.
Thank you for the info.
1. Some of the pairs just rarely trade. We didn't turn them off and on. The software doesn't trade everyday some weeks can have few trades. So normal to have lower frequency on some pairs.
2. The DD that hit highest was when our account was smallest.
brazilman37 posted:it becoz the system is using lot size averaging system, similar to martingale
something is off. on this site they block the lot sizes used.
leapfx posted:omgitzluc posted:
Hello,
Quick question on the EA. so the live account is 8 month old. i see some pairs there are like 7-8 trades only vs 30 on other pair. Are those single digit pairs like, that's all you get for trades opened in 8 months? or did the seller turned that pair off and on?
And i was wondering about the DD at what balance was the account for a -21% DD.
Thank you for the info.
1. Some of the pairs just rarely trade. We didn't turn them off and on. The software doesn't trade everyday some weeks can have few trades. So normal to have lower frequency on some pairs.
2. The DD that hit highest was when our account was smallest.
Ah ok, thank you for a fast reply.
So its a small account that gives -20%, I assume 3-5k. Basically with 0.5-1 lot i need to recalculate to have an approx., if you have lets say an account 50k or 75k, the dd should be less than 10%? with, i assume you have set file for it, with lower risk setup?
And i see lev is 1:200, and the suggested broker has a good review too, thats great then. But is it highly broker sensitive? I saw some people saying there a few trades that are not the same as the providers history.
leapfx
Medlem sedan May 22, 2018
141 inlägg
Oct 28 2022 at 19:26
Yes we used high risk when the account was smaller so the drawdown tended to go higher in some cases. .5 for 3k to 5k isn't unreasonable. But the manual gives clarity in the risk section.
Yes it can be broker sensitive in some cases. While it can work well on multiple brokers the results can vary in terms of frequency of trades.
Yes it can be broker sensitive in some cases. While it can work well on multiple brokers the results can vary in terms of frequency of trades.
what type of account do you use for this account at blazemarkets?
leapfx
Medlem sedan May 22, 2018
141 inlägg
Nov 10 2022 at 14:21
PRO account
getrichsoon1978 posted:
Well it turns out that this Money Tree EA is a complete pile of rubbish. Sure it can make money, but its very broker sensitive because it would not trade with Global prime whom is one of the best brokers in the world, they have low spreads + low commissions and great execution, and they are a true ECN.
So I opened a Pro account at Blaze Markets, and ran the Money Tree EA on a VPS in London where the trading servers are located for Blaze Markets. There was a bunch of trades in the last week, and I had everything the exact same as Leap FX, the same account, the same brokers, the same leverage with very fast execution times. But there was only one trade that was the same entry time as the vendor, the rest of my trades were way off.
One sell on EU was 15 mins late, another was 9 mins late, and a third one was 7 mins late in comparison to the vendor’s entry times. On top of that I also had extra sells on the EU which the vendor never got. What this means is that this EA is not very stable at all. The vendor’s sells on the EU were all better entries of course than the 3 sells that were all late on my Blaze live account. When an EA is not stable, it means that the programmer was not that good, or experienced for that matter. The one & only sell that was the same entry time was the exact same outcome as my account.
When you program any logic or strategy, it should open the exact same trades providing it’s with the same broker, the same account type, and the same leverage, although the leverage would never effect the entry time one bit. The other major issue that I discovered, was that 80% of his trades have a 40 pip hard stop loss, except for a handful which closed at a loss of, 75 pips, 192 pips, 122 pips, 63 pips & 97 pips which everyone can all see in the trade history.
Does that mean you had bad results on the same PRO account?
George
(pipsquick1957)
Medlem sedan Nov 15, 2010
183 inlägg
Nov 13 2022 at 18:07
Raeleigh posted:getrichsoon1978 posted:
Well it turns out that this Money Tree EA is a complete pile of rubbish. Sure it can make money, but its very broker sensitive because it would not trade with Global prime whom is one of the best brokers in the world, they have low spreads + low commissions and great execution, and they are a true ECN.
So I opened a Pro account at Blaze Markets, and ran the Money Tree EA on a VPS in London where the trading servers are located for Blaze Markets. There was a bunch of trades in the last week, and I had everything the exact same as Leap FX, the same account, the same brokers, the same leverage with very fast execution times. But there was only one trade that was the same entry time as the vendor, the rest of my trades were way off.
One sell on EU was 15 mins late, another was 9 mins late, and a third one was 7 mins late in comparison to the vendor’s entry times. On top of that I also had extra sells on the EU which the vendor never got. What this means is that this EA is not very stable at all. The vendor’s sells on the EU were all better entries of course than the 3 sells that were all late on my Blaze live account. When an EA is not stable, it means that the programmer was not that good, or experienced for that matter. The one & only sell that was the same entry time was the exact same outcome as my account.
When you program any logic or strategy, it should open the exact same trades providing it’s with the same broker, the same account type, and the same leverage, although the leverage would never effect the entry time one bit. The other major issue that I discovered, was that 80% of his trades have a 40 pip hard stop loss, except for a handful which closed at a loss of, 75 pips, 192 pips, 122 pips, 63 pips & 97 pips which everyone can all see in the trade history.
Does that mean you had bad results on the same PRO account?
Yes I got bad results last week and turned it off and this all happened with the exact same broker, Pro account, and running it on a VPS in London where Blaze Markets servers are running.
leapfx
Medlem sedan May 22, 2018
141 inlägg
Nov 14 2022 at 00:28
It's working just fine on Blaze Markets PRO account, and you are welcome to try yourself.
fmlbfx2010
Medlem sedan Jul 26, 2010
87 inlägg
Nov 20 2022 at 11:58
Dear Sir,
can i test in a demo account for a month ?
can i test in a demo account for a month ?
leapfx
Medlem sedan May 22, 2018
141 inlägg
Nov 20 2022 at 16:00
You can sign up and test it on demo first. You can also direct questions to support@leapfx.com