FXCharger การสนทนา

Hi there,

This ea is very interesting. may i check if i bought this ea, will you be able to provide the settings of the two accounts that shared in myfxbook here?

Thanks,
k

looks very nice indeed !
the drwdown is quite high, but it apears to recover pretty fast ..

good work

Extremely dangerous Martingale !
Opens 9.6 lots to recover initial 0.15 lot..
Just a matter of time to crash

will watch with interest

lak1415 posted:
Hi there,

This ea is very interesting. may i check if i bought this ea, will you be able to provide the settings of the two accounts that shared in myfxbook here?

Thanks,
k

Hello! Thank you for interest to our product. Yes of course, this settings is built into the EA and we can provide settings how to setup ip manually in Advanced settings if you needed

upandgo posted:
Extremely dangerous Martingale !
Opens 9.6 lots to recover initial 0.15 lot..
Just a matter of time to crash

That is why FXCharger come with risk controlling. The StopLoss is calculated accordingly to the risks that you specified in settings. For example if you specify 20% risk, EA will calculate initial lotsize and put the StopLoss on the price, which will not allow you to lose more than you set in EA.

It would be interesting to see some long-term backtests, i.e. back from 2012...

pipsquick1957 posted:
Risk control or not, this is a very aggressive and dangerous Martingale EA, where you have it trading at an increase of 400% per trade. It starts at 0.1, then up to 0.4, then 1.6, then 6.4 lots, then what 25.6 lots, its very easy way to blow any account up.

Generally speaking a Martingale system increases lot sizer from between 50-100% per trade against the trend, this one is running at more than 4x the normal Martingale increase in lot size.

Hello. Yes we have 4x multiplying on each trade (at EURUSD pair), but the fourth order is final. On this account we trade with 100% risk, that is why these lots looks a little bit scary. For example AUDUSD settings has x1.5 multiplying only.

Hello fxcharger

I can see that your EA is opening both sell and buy positions at the same time, this is not a safe way. Results are pretty nice, but keeping buy and sell positions have no sense. On the top of that you are increasing the volume even to 9.60 lots with the capital of 10 000...

Results of this EA look very good, the only problem is that it will take only on worse day to ruin the account because of opening positions of 9.60 lots. You are protecting your positions by by hedging them so there will never be a big DD. This EA is showing only nice stats, nothing else.

On your website it is written that the positions are being closed within 1-4 days, here we can see that you keep them open even for 9 days.

Best Regards

ForexProtect posted:
Hello fxcharger

I can see that your EA is opening both sell and buy positions at the same time, this is not a safe way. Results are pretty nice, but keeping buy and sell positions have no sense. On the top of that you are increasing the volume even to 9.60 lots with the capital of 10 000...

Results of this EA look very good, the only problem is that it will take only on worse day to ruin the account because of opening positions of 9.60 lots. You are protecting your positions by by hedging them so there will never be a big DD. This EA is showing only nice stats, nothing else.

On your website it is written that the positions are being closed within 1-4 days, here we can see that you keep them open even for 9 days.

Best Regards

Hello! Thank you for comment. You're a little bit wrong. On EURUSD we start trade in both ways (Sell and Buy), but this is true only to the first trade. It not give us any protection it gives us good profitability, because we make profit wherever the price is go. All further trades have no hedging that is why it have no any effect on drawdown.

Talking about 1-4 days, you are right. Sometimes we have delay with closing of trade on EURUSD setting because of the same hedging at first trade. We open Buy and Sell order with 100 pips and waiting when any of them will closed in profit. But sometimes trend is low or price going inside this range of TakeProfit. I have attached screenshot of our chart.



Kind regards

RedRhinoFX posted:
how many position per basket because stopout/margincall . I see your 9 Lot had 35 pips drawdown , Next Level #6 is 30 Lots?

Any chance you trade the system at ECN broker and not those cent accounts at FXOPEN?

Hello,
If you have leverage from 1.100 and specify recommended risk about 35% in settings, stopout/margincall is impossible. For AUDUSD settings it's ok even for 1.50 leverage. EURUSD settings has only 5 levels, in our case 9 lot is final.

RedRhinoFX posted:

fxcharger posted:

upandgo posted:
Extremely dangerous Martingale !
Opens 9.6 lots to recover initial 0.15 lot..
Just a matter of time to crash

That is why FXCharger come with risk controlling. The StopLoss is calculated accordingly to the risks that you specified in settings. For example if you specify 20% risk, EA will calculate initial lotsize and put the StopLoss on the price, which will not allow you to lose more than you set in EA.

What risk setting do you use? Is this MAX? Is this trend follow or means reversion?

On this account we use max risk to show the potential of the system. First trade looking for trend, all other wait for reversion. All trades have smart TakeProfit and StopLoss, to have possibility to close trades in profit and good period of time

wow ,won't last long

wow seven months that is cool....I hope system stays for long!!! All the best bro.. wishing you many million dollars...

Did u trade Brexit or shutdown system during that time...because your progress is very commendable

very nice

Hello FX Charger. Does this EA differ very much from your other EAs like FX Secret? Or are they more or less all doing the same thing (martingaling) etc etc..???

Anyone bought and using this very impressive product yet? Is it worth it
What capital did you go in with?
Did you change any initial settings?

bought it on demo account so far so good