GPS Robot FxChoice 100k讨论

Hi!
So this is Automated Robot trading ! So where i can see Robot Site or Page to learn what type of strategy ...
Drawdown 30% detected and daily +0.07 % for most Popular System...😝 interesting what they offer in Robot Selling

What this strategy based on ?
SL TP ?

1 question bro - can you mace at less 100 USD withdrawl to confirm its normal real acc - not a fake

nick3232 posted:

olla posted:
I have been trading this live for just over 8 months. Support is poor with these guys. They will deny it, but I have experienced it.
The EA is fine for EURUSD only, if you are looking for 1 to 3% per month.

This Year +1.43% (-8.31%)

what is -8?

refer to my previous posts regarding this EA if needed...
Do not waste your time and money on this EA, this EA lost me close to 30,000 USD.
I mentioned EURUSD is stable and may be used; however i left it in effect and it eventually led to a losing trade; that is with trailing stop on for the posts above that wanted to know.
The profits are slow and small, and it is obviously not worth the reward.
I am doing everything in my power to warn everyone else so they dont end up where i am, this is the least i can do with the fact that they wont be responsible for my 30,000.

does any1 know if the owner sees this or even replies to the emails???

Can I follow you

How can I get your signal

jl3onez posted:
refer to my previous posts regarding this EA if needed...
Do not waste your time and money on this EA, this EA lost me close to 30,000 USD.
I mentioned EURUSD is stable and may be used; however i left it in effect and it eventually led to a losing trade; that is with trailing stop on for the posts above that wanted to know.
The profits are slow and small, and it is obviously not worth the reward.
I am doing everything in my power to warn everyone else so they dont end up where i am, this is the least i can do with the fact that they wont be responsible for my 30,000.

What are the details? How long have you been trading forex? Did you understand enough about margin and leverage before starting this EA? Was it 30K in your account at one time or you had smaller accounts and have refunded it a few times? Did you understand that the recovery trade is 7 time the lot size of the losing trade that it is aiming to recover from?

I also want to repeat my previous comments. I have given this EA several tries. This ea ALWAYS loses eventually. The reverse trade takes place immediately regardless of market dynamics.

Yes this EA has a very high win percentage but instead of multiplying the next triggered trade by 7 it opens a reverse trade 7 times as large immediately after closing the initial losing trade making this EA a loser.

Run away.

xsuperfiendx posted:
I also want to repeat my previous comments. I have given this EA several tries. This ea ALWAYS loses eventually. The reverse trade takes place immediately regardless of market dynamics.

Yes this EA has a very high win percentage but instead of multiplying the next triggered trade by 7 it opens a reverse trade 7 times as large immediately after closing the initial losing trade making this EA a loser.

Run away.

 '...it opens a reverse trade 7 times as large immediately after closing the initial losing trad...'
What you stated is the strategy of the EA. So what are you trying to say?
You over leveraged your account and as such, your account got blown by the recovery trade. Had you gone for 2% return pr month you would have still been in the game making $600/month without hard work.

delanth posted:

xsuperfiendx posted:
I also want to repeat my previous comments. I have given this EA several tries. This ea ALWAYS loses eventually. The reverse trade takes place immediately regardless of market dynamics.

Yes this EA has a very high win percentage but instead of multiplying the next triggered trade by 7 it opens a reverse trade 7 times as large immediately after closing the initial losing trade making this EA a loser.

Run away.

 '...it opens a reverse trade 7 times as large immediately after closing the initial losing trad...'
What you stated is the strategy of the EA. So what are you trying to say?
You over leveraged your account and as such, your account got blown by the recovery trade. Had you gone for 2% return pr month you would have still been in the game making $600/month without hard work.

No, I actually tested the 'over leveraged' theory by keeping risk much lower than recommended by the creator. I was using 0.01 lots per $1,000 invested. The strategy is flawed.

And.. I did not blow my account. Sure, lost a few pennies but there's a reason I traded such a low risk volume -- To prove that the EAs strategy is flawed. Any seasoned forex trader would have noticed that at first glance of the trade history on the sample accounts provided here. Here is the strategy - 98% win ratio due to 2 pip gains. Opens reverse trade after large initial loss, then that reverse trade has no stop-loss practically as the stop loss is 50% of account equity.

Now this is with an ultra low risk account, imagine trying to keep up with let's say the average return of QQQ within the last 10 years. Risk would have had to be turned up so high that the reverse trade would have blown the account at some point due to a 50% stop-loss.

Anything lower than that is not worth the investment.

is a bot?

Just enjoying the discussion

what is the good setting for the ea any one can share?

Ok i'm Not saying GPS is a good system or a bad system I'm simply sharing Backtest images because I know you can't test it after you buy it

BroomFx posted:
Ok i'm Not saying GPS is a good system or a bad system I'm simply sharing Backtest images because I know you can't test it after you buy it

90% backtesting is close to nothing

The Expectancy is too low to think that in a real market you will have the same trade like in BT and following the myfxbook account...