Forex Envy Power Edition Tartışma

RIP for yet another martingale system ... I wonder how many real money have been lost by this EA overall in the last few weeks....

and since it's a (bad) habit of system owners to remove the blown accounts I save the snapshot for rememberance

duzyfx posted:
RIP for yet another martingale system ... I wonder how many real money have been lost by this EA overall in the last few weeks....

If I said over 1 Million, I'd think its only a small portion. Just the Pamm accounts being advertised were over $300k

I am wondering How many people here are really Forex Envy power 3 user?

Although it blew some of my live accounts, but My alive accounts did make pretty good profits, They made near 40% profits in recently week which were near 2 months profits.

May be I am little lucky?, I have recovered near 70% of my lose accounts now.

However, What do I gonna do now, Should I trust that Forex Envy again? Run Forex envy or not run Forex envy power?

If you have any good idea, Please let me know.

I would run HV Longs with min funding $480 Pico and Risk = 0.75.
This will make 3.0 use $360 for the set file and BLS calculations.
As well as giving you more margin to grow several large baskets at the same time.
ROI will be lower but

>>> NO ROI IN A BLOWN ACCOUNT <<<

Power, NV or LV Longs do not have the Pip Span (1st Open to Last Open) of a Maxed Basket to handle what happened the last few week.

HV does but it needs more funding to handle multiple large baskets.

I wouldn't do anything till you hear from Team Envy again. They live in a part of the world where costing people Serious money can be very dangerous. They aren't updateing the site any more so I'd suggest just waiting to see if they are going to attempt a come back or just throw in the towel. I begged Robert to allow for a long trend and that's when he put in the Negative Basket Protection feature.. If only it had worked. My nephews account had $3 and change in it left so I started makeing small sell positions
10 pips apart near the peak of the EUR/USD and so far it's up 50% if I can do the same for a few long cycles (Daily Chart) Then we'll be talking aboiut some serious money. My own account had even less than that and I didn't have the euqity to save it and after I put in the money to Liberty Reserve to restart it then I found out that I couldn't use that funding option for Tradefort. And Centregold is taking there time about refunding it. So for the time being I'm locked out of the market at least till payday. It's amazing how much can go wrong at one time. I just got rear ended, Dealing with Cancer, All my credit is maxed out! Not makeing enough to pay the bills and now this! If hardship is food for the soul then I should be shinging like an angel. I've always known I could make money this way but it takes a LONG time.. And with creditors breathing down your neck you want to take any shortcuts you can. Now I'm just plain out of options. Any suggestions would be welcome.

Thanks BeaBull for HV longs suggestion, I will think about this.
Thanks Theadham for your reply, I wish you good luck for your health as well as your money problem.

tneedham posted:
I wouldn't do anything till you hear from Team Envy again. They live in a part of the world where costing people Serious money can be very dangerous. They aren't updateing the site any more so I'd suggest just waiting to see if they are going to attempt a come back or just throw in the towel. I begged Robert to allow for a long trend and that's when he put in the Negative Basket Protection feature.. If only it had worked. My nephews account had $3 and change in it left so I started makeing small sell positions
10 pips apart near the peak of the EUR/USD and so far it's up 50% if I can do the same for a few long cycles (Daily Chart) Then we'll be talking aboiut some serious money. My own account had even less than that and I didn't have the euqity to save it and after I put in the money to Liberty Reserve to restart it then I found out that I couldn't use that funding option for Tradefort. And Centregold is taking there time about refunding it. So for the time being I'm locked out of the market at least till payday. It's amazing how much can go wrong at one time. I just got rear ended, Dealing with Cancer, All my credit is maxed out! Not makeing enough to pay the bills and now this! If hardship is food for the soul then I should be shinging like an angel. I've always known I could make money this way but it takes a LONG time.. And with creditors breathing down your neck you want to take any shortcuts you can. Now I'm just plain out of options. Any suggestions would be welcome.

Sorry to hear about your current situation. Take it easy and good luck. I also blew my cent account running long only that's why I decided not to touch any grid ea anymore as I found it to be a stressful trading practice. You will have sleepless nights specially when the DD is getting bigger each day.

For what It's worth, I have an account running the Long Cycle pairs only, and it survived with short-term 30% drawdown. The account is up almost 50% in just under 3 month's trading. Recent events have scared the hell out of me though, so I'm wondering if I should just pull the plug while I'm ahead?

wow, a martingale blew an account. how could this possibly happen? lol

i removed FE from my charts .

i think they shall keep get fees every 3 months from my visa card .

what shall i do to cancel fees or to forbid them ?

i noticed that FE team dont reply those days .

help .

regards

If you are paying via Paypal, you can cancel by logging into your Paypal account.

Personally, I wouldn't cancel if I were you though - just run it without the short cycle pairs, and you will still achieve good returns with much less risk. How long have you been using FE for?

thanks tcollings
i have been using FE since 5 months ..
many times the FE clothed basket for minus ..

 i sent to the team many times without any response .
i lost part of my capital .. about 10%
how can i prevent the FE from closing minus profit trades ..
i want FE to close only positive profit trades .. how can i be sure of that ?
sorry for my English ..

thanks very much .

paltalk posted:
thanks tcollings
i have been using FE since 5 months ..
many times the FE clothed basket for minus ..
i sent to the team many times without any response .
i lost part of my capital .. about 10%
how can i prevent the FE from closing minus profit trades ..
i want FE to close only positive profit trades .. how can i be sure of that ?
sorry for my English ..

thanks very much .

I had the issue with the V2 and a very slow broker. V3 I do not have the problem there is an integrated negative basket protection. (just 1 bug in audusd, which was solved)
are you using the v3?
what is the exeuction speed of your account? (you can see how many times FE takes to move the TP of a trade by monitoring the MT4 activity)

also, monitor your account using the indicator: https://umeku.com/fx/basketExposure/
and you can manually move the TP of the trades

Well, sometimes it does close baskets for a small loss, but not frequently from my experiences. Are you running both short and long cycle pairs, and are you using set files provided by the Firex Envy team?

willgart
hi, how are you .
i use version 3 and if i manually move the tp of the trades the FE changes it and make me loss many times..
that is not nice ..
what about that indicator .. shall it solve the problem or just for monitor ?
the speed is ok but there is something wrong and i asked the bad envy team many time .. they are very bad indeed .
what can i do to prevent FE from closing mines trades ?
that question i could not find answer for it
best regards

stop using FE would be the best solution. and PM me for a better one.

well... I restart my account last week, capital lower than the recommendation for the moment. I allready got 100% of profit
TotalGrid gives me less than 50% (DD 3 times higher)

when I got my first MC with FE in february I got 100% of profit in march and recover everything in less than 4months to reach 400% of profit in august!
in 6 months... from 1 MC (so 20% of my capital in the account) up to 400% of profit of the initial capital...
so yes, FE rocks.
and yes its a risky EA.

Wow, Willgard, not sure what your setting is, you are doing so well, I don't do as well as you, Recently, it is real good week for Forex Envy power 3, I have 2 accounts running them, They make the most profits ever with very low DD for me, I splited them from 2 accounts back to 3 accounts and it looks like than they can make enough money for next 1 week and I will split them into 4 accounts.

I am also running Totalgrid as well, I am running them with small money account where Forex Envy not safe to run, it does higher DD but one account return 50% in 3 weeks and one account return 33% in 1 1/2 week, I find that newer Totalgrid is over-freezing trades too much and it causes some problem in profits as well as high DD, not really sure how to balance of freeze it or un-freeze it.

For now, Forex Envy is better than Totalgrid.

Hi Paltalk:

Regarding to your negative baskets/double trades problem, I might be wrong, I find that it might be related to your broker and their MT4 terminal and Datafeeding method or broken internet connection, It is easier to switch to other broker to avoid this problem. I had this problem and it blew up one of my account 2 1/2 weeks ago.

Which broker are you using?