MikeGC's Inlägg | Myfxbook

Flex EA - Half-Grid - Medium Risk på Trading System Sep 08, 2016 at 06:48

This is a very respectable result with ForexFlexEA. I would love to know the settings as I am running Half-Grid and have suffered a number of significant draw downs.

Forex Flex EA Acct4 på Trading System May 07, 2016 at 09:55

Words of wisdom gained from 5 years experience. Many thanks @FXtrader2010 . As a result of this comment I have trialed half-grid and am now trading it live. It isn't as spectacular as some but it is steady and has a low DD. But the secret is in the settings, so my suggestion with anyone trading any of the FFEA strategies, is to check the outcome of your settings in a demo account and make sure it is what you expect, before going live.

ForexVPS.net på VPS-tjänster Feb 22, 2016 at 11:41

Hi Nick, I am running an EA that requires the VPS to allow DLL imports. Does your VPS do this?Many thanks for your assistance.Mike

Forex Flex EA Acct4 på Trading System Feb 01, 2016 at 08:14

Hi Rob,Thanks for your comments. I respect your experience and advice.Just a couple of observations:a. This account isn't being run by the authors, but by forexfbi.b. We don't know what settings they are using.c. The drawdown can be set at whatever you like, eg.10%d. It can apply to one chart or all charts.e. The demo account is running at 500:1.f. Yes, this account seems to be using the default settings, but there are a number of different strategies suggested - I am trialing TrendChaser with a few adjustments.g. The trial made a lot of money during early January because the market ...

Forex Flex EA Acct4 på Trading System Jan 30, 2016 at 19:25

Gentlemen, this EA has been trading verified since Oct 2013. It shows a 50% draw-down which can be changed with a setting. It has a win rate of 65% and win/loss ratio of 1.4. This produces a mathematical expectancy of 0.56 which is good, bordering on one of the best I have found. The the account has compounded at 200% pa. if my calculations are correct ($3000 to $326,000 in 2.33 years. Check that with any other EA before you condemn this one.

Forex Flex EA Acct4 på Trading System Jan 29, 2016 at 10:36

I notice that the account is verified. Do you mean to say it has been fiddled? Also keep in mind that it is subject to a 50% draw-down, but the max. draw-down I can see is only 5.5%. In addition, my experience has been that it is very subject to volatility. There is also the fact that the percentage shown by MFXB is since inception and gives no idea of the true performance of the EA. To know if it is any good as compared to other EA's you need to calculate the mathematical efficiency and the compound interest rate of growth.Anyway, do you know of an EA that performs better? If so, pl...

Forex Flex EA Acct4 på Trading System Jan 21, 2016 at 14:42

Why don't you try the hybrid with the recommended settings on a demo account. And you need to be patient, as the market isn't easy at this time and these EA's take time to wind up, as they increase the position size with the account balance. The ME on the EA in myfxbook is 0.55 and an annualised profit of 1400%, so it worth sticking with.Good luck and have fun.

Forex Flex EA Real1 ForexFBI på Trading System Jan 08, 2016 at 18:21

With all respect, Gents, bollocks! It is working and working well. Just produced an ME of 0.7 in 39 days which amount to about 160% pa profit. But you have got to have it set up properly. Play with the settings or follow one of the recommended strategies. I am using a modified "TrendSurfer".

Flex EA - BigDefault - Real - FXOpen på Trading System Jan 08, 2016 at 18:21

Hi Cameron,I am not running the Big Default settings. I was referring to the settings on the EA out of the box ie. the standard settings.Since then I have changed the settings to the TrendSurfer recommendations with a few modifications such as reducing the potential drawdown to 10% across all charts.This EA loves volatility and it just doubled the December profit in the first 8 days of January - very impressive!

Forex Flex EA Acct4 på Trading System Dec 13, 2015 at 08:15

Hi Rob,You don't have to use the martingale settings. I am trying the TrendSurfer strategy with a few other setting changes. But I do agree, max 1% risk any one trade, and 5% all trades. But it is not easy to choose with this EA as the lot sizes vary and are driven by the account balance, risk setting, and lot multiplier.

Forex Flex EA Acct4 på Trading System Nov 23, 2015 at 11:01

How's every one doing with this now? Had a 30% drawdown and need to adjust the settings so it doesn't happen again. First install the new version - v.3.12 and then set DD Stop Loss to 10% across all charts.Has anyone tried this setting? Re EURNZD, I'm thinking that t would be a good thing to add a few more pairs - I am running on 9 because I have dropped all the CHF crosses recommended - don't trust the SNB not to devalue again.

Swing Trader PRO System på Trading System Nov 22, 2015 at 07:43

Great feedback, folks, all very positive.

Swing Trader PRO System på Trading System Nov 17, 2015 at 13:54

Gents, I am enjoying your dialog re this system and am pleased to see that you are making some money. On the discussion re the effects of news events, my feeling is that it all depends on the time frame you are trading. An event may have a dramatic effect on a 1 hour chart but will be a mere blip on a daily.However, may I ask you for some detail, please on how the system works. Is it a black box indicator or can one adjust the parameters? Will it work as well on any currency pair, in any time frame? How do you set it up and use it? What is really good about it and what is bad? How do th...

Flex EA - BigDefault - Real - FXOpen på Trading System Nov 14, 2015 at 13:48

Running Flex EA Default quite successfully. This also looks interesting except for the large drawdown. I wonder if there are any settings to limit this without limiting the profitability.

Swing Trader PRO System på Trading System Nov 10, 2015 at 15:23

Hi SST,If you want to share the cost, why don't you form a syndicate with some mates you know and trust, tip in the cash and run it, with some joint input with Skype or some other such program.However, it seems like you need a bit if cash to fund the trading account if the cost of the investment is going to pay, so make sure your mates have got plenty!All the best.

Swing Trader PRO System på Trading System Nov 06, 2015 at 09:22

Hi SST, I support your idea and look forward to seeing how you go. Unfortunately I can't join you as yet because I have other commitments till after Christmas. Would be happy to consider it then, but am not sure how it can be shared as there is probably a license agreement and a linking code stopping this.Perhaps Doug could advise on this matter.

Forex Flex EA Acct4 på Trading System Oct 16, 2015 at 17:41

All fixed now and running well. There was an update to the EA so it required a new download and activation. Now in v.3.12. Very pleased with the results - 2.95% per month. You can see the stats. under the name "Just Cruising 2" on this site. Using the default setting out of the box.

Swing Trader PRO System på Trading System Oct 08, 2015 at 06:01

Doug,I am interested in purchasing your EA but there are couple of things that you could do to give me, and any other potential customers who may read this blog, some confidence.1. You could start trading again on some other site please, to overcome the criticisms of Synergex.2. You could change your payment system so that there is no risk of paying the full price if one isn't satisfied with the EA, or it doesn't suit my lifestyle. (In Australia, I am going to bed when NY opens.) I would be much happier paying more for a longer trial, or renting it on a monthly fee, and even paying...

Forex Flex EA Acct4 på Trading System Oct 01, 2015 at 12:22

I am running v.3 live, but only for this last week. I take some comfort that there is a setting available that will close all trades if the account depletes 35%. It is still a big drawdown but if the projected profits materialise, I could live with it.Still haven't heard from support re the "expiry" of my lifetime licence. Of course the EA has stopped trading.

Forex Flex EA Acct4 på Trading System Oct 01, 2015 at 06:11

Has anyone had any trades generated in the last week? None for me until today, but then an error message saying "This version of FlexEA has expired, please update". Interesting, because I purchased a lifetime subscription. Just waiting now on a response to my email to support.Anyone with similar issues?

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Inlägg av MikeGC