DFI Matrix EA การสนทนา

just look for teh adress at googel maps

https://maps.google.de/maps?q=7+Rue+Du+March+1204+Geneva&oe=utf-8&rls=org.mozilla:de:official&client=firefox-a&um=1&ie=UTF-8&hq=&hnear=Rue+du+March%C3%A9+7,+CH-1204+Gen%C3%A8ve,+Schweiz&gl=de&ei=2fraTPK5CYmgOpe7gOoI&sa=X&oi=geocode_result&ct=image&resnum=1&ved=0CBgQ8gEwAA

The place looks realy differnt..and thanks google you can also see the Name of the Firm at this adress

https://www.sfm-offshore.com/

I short a Firm where you can buy you're Offshore Firm.

Is teh EA worse it's money....well I don't know, but normaly many things you can read here says: NO, DON'T DO IT!

Non the less I overthink to buy it, only to make Nails with Heads and to End this disscuission.
I don't believe the EA will make it too, but the money you have to pay for it is less than a normal worse trade
for me...so eventually buy it, put it an severall Demoaccounts first (not FXM;)) to see what will happen...well
I will sleep a night or so before I finaly decide to do so...spent the money for that or do something god with the
money or invite a nice women for lunch or..etc

Anyone has used this system yet?

I would not say used, but bought and testing right now.

As soon as I can say something with sense about it I will post it here or make
up a demo Account wich you can track here.

One thing from the Instructions PDF in Front:

'Attention: A bigger starting volume than 0.01 is very risky with a deposit of only 5,000$!'

Non the less, I start a Demo Account with 5 K and 0,1 Lot. I don`t know if the account
is stell alive at this time...it runs on one of my servers and i don't look for a week or so
(there are also lots of other EA running on multiple Servers and I do not have the time to
look at each every day...first comes my live accounts, than one after the other of the Demos)
I will start another test on a account with the right settings later...

Hi!

These are the numbers now:

Balance: $383145.84
Equity:(68.34%) $261837.45
Highest: (Dec 03) $383145.84
Profit: $333145.84

time 20101206 07:25


We have a drawdown at this very moment of : 121308,39. My fxbook dosn't show this in the chart.

With 50000$ account we would have had a margin call. Or have I missunderstood something?

Best regards

Ingaro

Drawdown is from balance, not deposit.

Cheers

Soeren

Hi Soeren!

Thanks for the comment. My question is what would the scenario be if:

* I invested 50000 $
* I used same lotsize
* I went in at the worst time possible

It is not 100% sure but I think I would have got a margin call.

We do not see the open orders (probably with a huge lot size) when they are closed we can have a deeper look into it.

What do you think?

Br Ingaro

Just took a closer look...

If you look only on the longs starting Nov. 22nd 10:08 - the total floating loss from these positions accumulate to 51'227$ before turning in the right direction again. However, in the meantime, the EA opens short orders, the first 6 at minimum lotsize 0.1, then recoverysystem kicks in, and it opens an 8.0 lot short order on the 26th at 15:38 and again at 16:40 reducing drawdown significantly should the price move further down (only 3.1 lots on the long side).

On the 29th at 13:11 2 more short orders of 5.0 lots each is opened, making the short orders the big side with 6.9 lots. Another 10.0 lots short is opened at 14:40 and there's now 16.9 lots on the short side. Alas, after 2 minutes 10.0 lots order, the 2 * 5.0 lot orders and the first 8.0 lot recovery order is closed, leaving a total of 7840$ profit. If the price continues up, everything's in order, but... 5 minutes later the direction has turned again, and The Matrix opens a 15.0 lot order, making the longs have 4.1 lots on their side.

The story goes on and on... The Matrix opens larger and larger recovery orders making profits, until it finally closes the original string of losers and one winner that makes a small profit in total.

Largest short order is 30.0 lots (300$/pip) and long order is 51.2 lots(512$/pip!!!)

Everytime you see a steep rise in balance is where this story has been told - just compare to the lots closed on those days.
One could wonder what would happen if the trades reach a lotsize that can't be filled and the price just continues in the wrong direction... 😲

Funny enough - while I have been telling this story, the 60.0 lot!!! short order has just closed with 6 pips profit (3600$) and the drawdown is now 77180.46$...

It's been 1 hour since they updated, I wonder what will show up on the next update 🙄

Advice? I'm not buying this without 50'000$ on an account where I can trade microlots!!! Old Marty strikes again...

Cheers

Soeren

Hi,

The money management of this EA depends on the balance. There will never be higher lots than a rationally money management would allow.

Regards
Deltafins

I guess that means 42'000$ floating loss on a single short order is OK with you?? That's where your 60.0 lot short order has been.

I'll give you a free advice, make your open trades public, but only update every 15-60 minutes, this way no one can replicate your trades...

   TRANSPARENCY!!!

Cheers

Soeren

Hi!

I wonder who whould not be interested to get these results? How many out there get these results? I presume the answer is none?

I belive there are a lot of manuál trading in this. All the transaactions out side 0.10, 0.20, 0.40, 0.80, 1,60, 3,20 etc lots are manual trading. What I also belive there are alot of Manual Take profit and manual SL;s.

The only way to get these results whoud be to actually copy the trades from a masteraccount. Not to buy the EA itself.

And to copy exactly you need a pretty big account about 400000 USD.

I also belive that they do not want you to able to copy the trades.

For example it would be intersting to see 100 customers buy or sell 60 lots GBP/USD (equal 6000 lots at at 600 millions USD)...:)

I wish you all a nice weekend!

BR Ingaro

As promised.

The 5 K Account has been margined out. The Lot-Sizes goes up (exact as in the live account shown here)
till the Account was killed....OK not to 51,2 Lot, the Acc. was dead before^^
But - as already told - I use a 5 K Acc. to trade 0,1 Lot...wich is much to high for such a martingal EA.

From the Instructions PDF(as already postet before):
'Attention: A bigger starting volume than 0.01 is very risky with a deposit of only 5,000$!'

So my fault and not the EA ones.

My Problem: My Testing-Broker does not support smaller sizes than 0,1 Lot (not the best spreads,
but no requotes (but slippage) and German regulatet also I know some of the stuff personaly..and
my number one criteria....a Broker where my money is safe;'))

To do right:
An Nov. 28th I start another Demo with 50 K, you can find it here:

https://www.myfxbook.com/members/klinke/

and then select the

'DFI-Matrix'

all public, as all my public Accounts, include the open orders...(only the Broker not, because...if you
- for what reason ever - open a account with this Broker I want to be 'named').

A friend also use this EA on a Demo Account, Alpari, but he don't want to publish his account,
the lot sizes which was traded in the past where also traded in his account..so in this point
i'm sure the lotsize which is shown here is exact the same as the EA do (if you want to,
I can ask him and copy the Big traded Lot-Sizes). No manually intervention till now.

But beware, also the reason why I think I would never use 50 K of my real money with this EA,
this is a martingale one...maybe if it Performs as promised (months not weeks) I use it on one of
my other Brokers which supports 0,01 Lots with a 5 K Account (Testing is not possible there because
they disable the Demo-Account after 2 - 6 weeks, wich is not long enough for a good testing)

So my first conclusion till now: Yes, the EA maybe work..we will see, but this EA is - because of
it's martingal strategy - absolut sure also is capable to kill a entire account in a very short time.
OK, only with very big moves (because of the needed Account size and the small starting Lotsize),
but every one who traded for a whlie in the markets now someling like this does happen.
So the sentence 'Only Invest what you can afford to lose' is absolut critical with this EA .

Questions ?

Further conclusions as they come^^

The probability with you may be :-)

klinke

bluemele posted:

I think it is funny that you are fulfilling what you are being critical of.... :)

Why would you care if people are policing things? Why do you believe these people have 'no life'? Are you passing judgement that how you do things is 'right' and what others do is 'wrong'?

Much like others post about what is wrong/right, you are doing the same... :)

I don't need to defend myself as it is my life and my right to do anything I choose including ripping off people with EA's... haha..

Glad to meet you.

Gil


I am just saying this because I wonder that many of you spend so much of your valuable time and energy to analyze and uncover potential scams. So first of all thank you for your time and work. But I really think this job should be done by MyFXBook, it's their job to sort out the scam. For them it must be easy, and if they don't do it in the long run they will be brandmarked as a scam promoter.