LION FX TRADER讨论

FXdog posted:
Dear guys who still using LION!
Yesterday was really risky day-Brexit events!
The best way was NOT to trade in this day!But i have made a decision to test the LION on real market extreme conditions!
BUT...i have decreased my previous risk factor settings to minimum (i did not want to loose all my account!).
And...i have earned very much!!!Almost 25% a day!
This all means that LION FX is excellent EA-but needs to set the correct RISK FACTOR and be a little wise as a trader!
In critical Market events the best way-NOT to TRADE at all OR be a little smarter and set decreased RISK factor!
GOOD LUCK to ALL and to LION FX next version reveal!
YOURS FXDog!

Exactly what i did. I reduced my risk factor and all was good!

I also made 24% on Friday, but I think that was just lucky.

You all just very lucky. That's all. A month ago when market conditions were normal you cried because it went a few levels against you and los . If you were in a buy now you would have taken a buy every 13 pips as this grid method with no max trades limit or equity stop loss...

You would have blown your account.

And if you went minimal risk with is 0.01 and you made 25% means you got such a small account you cannot be living off it and withdrawing at least $1000 or 2k and month to pay bills....

You playing games.

Version 2 is required with safety features.

Hey everybody!
For whom who is interested to know about Lion FX EA settings i use:
1. the Broker - Forex4You (real cent account)
2. settings - Risk factor- 0.03
3. time of trading- 4 months

note: the real market conditions showed that recommended risk factor 0.1 is very aggressive!
Before the BREXIT i have reduced that value to 0.03 and it earned 25% during the events!
I suppose this EA is excellent but requires very weighted parameters for trading.
May underline that aggressive mode is 0.1,
Medium mode is 0.05
Safety mode-from 0.01 to 0.03.
Was very glad to help you guys!
Best regards, FXdog.

Good signal, but very risky. Mostly lucky, than smart. But I like it.

The website (https://www.lionfxtrader.com/) is down

successwill posted:
The website (https://www.lionfxtrader.com/) is down

Excuse for a delay. the website - www.lionfxtrader.com works in the usual mode

Pablo_Escobar posted:
You all just very lucky. That's all. A month ago when market conditions were normal you cried because it went a few levels against you and los . If you were in a buy now you would have taken a buy every 13 pips as this grid method with no max trades limit or equity stop loss...

You would have blown your account.

And if you went minimal risk with is 0.01 and you made 25% means you got such a small account you cannot be living off it and withdrawing at least $1000 or 2k and month to pay bills....

You playing games.

Version 2 is required with safety features.

I was really already tired to repeat. In the adviser SL - program is used. It depends, on market conditions and individual every day. It is not a silly grid.
But updates need to be done.

lionfxtrader posted:

Pablo_Escobar posted:
You all just very lucky. That's all. A month ago when market conditions were normal you cried because it went a few levels against you and los . If you were in a buy now you would have taken a buy every 13 pips as this grid method with no max trades limit or equity stop loss...

You would have blown your account.

And if you went minimal risk with is 0.01 and you made 25% means you got such a small account you cannot be living off it and withdrawing at least $1000 or 2k and month to pay bills....

You playing games.

Version 2 is required with safety features.

I was really already tired to repeat. In the adviser SL - program is used. It depends, on market conditions and individual every day. It is not a silly grid.
But updates need to be done.

There is no stop loss. You have anexit plan for hopefully pull back.

If you backrest sometime can go 17 level .

There is no safet . Only hope. This is a grid. Don't try fool customers.

Pablo_Escobar posted:


There is no stop loss. You have anexit plan for hopefully pull back.

If you backrest sometime can go 17 level .

There is no safet . Only hope. This is a grid. Don't try fool customers.

Sorry. But I know better what is in this system. better for you.
  I will repeat it 16 times if to you 15 was a little.
Everything depends on risk level.
My adviser it not a silly grid.
Look please for 2 years - https://www.lionfxtrader.com/StrategyTester.htm
Exit cases from trade at a loss

I have bought this EA and installed on the cent account for testing. My conclusion after two days trading is;

1. This is a night scalper which works on Asian sessions in the night only.
2. In case market goes in opposite direction EA uses Grid technology to compensate and minimize the losses.

How many maximum deals it can open in grid, i don't know. You can ask vendor.

mashahid posted:
I have bought this EA and installed on the cent account for testing. My conclusion after two days trading is;

1. This is a night scalper which works on Asian sessions in the night only.
2. In case market goes in opposite direction EA uses Grid technology to compensate and minimize the losses.

How many maximum deals it can open in grid, i don't know. You can ask vendor.

Unlimite . There is no limit. It will take out a trade every 13 pips. Until market pull back.

No safety.
No max trade .

Pablo_Escobar posted:

mashahid posted:
I have bought this EA and installed on the cent account for testing. My conclusion after two days trading is;

1. This is a night scalper which works on Asian sessions in the night only.
2. In case market goes in opposite direction EA uses Grid technology to compensate and minimize the losses.

How many maximum deals it can open in grid, i don't know. You can ask vendor.

Unlimite . There is no limit. It will take out a trade every 13 pips. Until market pull back.

No safety.
No max trade .

I do not agree. The EA has an automatic stop loss. Depending of the risk profile the stop is at 10%, 20%, 30%.

https://www.myfxbook.com/members/dealermanuals/safe-low-dd-ea/1693512

please monitor trading

regards

Pablo51 posted:

Pablo_Escobar posted:

mashahid posted:
I have bought this EA and installed on the cent account for testing. My conclusion after two days trading is;

1. This is a night scalper which works on Asian sessions in the night only.
2. In case market goes in opposite direction EA uses Grid technology to compensate and minimize the losses.

How many maximum deals it can open in grid, i don't know. You can ask vendor.

Unlimite . There is no limit. It will take out a trade every 13 pips. Until market pull back.

No safety.
No max trade .

I do not agree. The EA has an automatic stop loss. Depending of the risk profile the stop is at 10%, 20%, 30%.

Back test with GMT incorrect so you can check what safety if market goes against you. It can go 20 to 30 levels until account blown.

Go test on gold or gbp...... Just to test safety. That's all.... The proof is in front of you.

There is no safety.

The risk profile does not seem to work, in my case the DD has been a lot more than 10% which was my initial risk setting. With a bit of manual work though, the trading probably would be a lot safer. With me, at the Brexit week I did not trade, although afterwards I wish I did, haha. But I lowered my risk setting to 3% now. After the asian session I look at the chart to see if there a double tops, buttoms, head & shoulder patterns and other support or resistance levels. Then I try to calculate my risk if I would let the EA run if tehre are still trades open. If not, I close all trades after the Asian Session which would in my opinion be the best to do.I hope this helps.

Pablo51 posted:

Pablo_Escobar posted:

mashahid posted:
I have bought this EA and installed on the cent account for testing. My conclusion after two days trading is;

1. This is a night scalper which works on Asian sessions in the night only.
2. In case market goes in opposite direction EA uses Grid technology to compensate and minimize the losses.

How many maximum deals it can open in grid, i don't know. You can ask vendor.

Unlimite . There is no limit. It will take out a trade every 13 pips. Until market pull back.

No safety.
No max trade .

I do not agree. The EA has an automatic stop loss. Depending of the risk profile the stop is at 10%, 20%, 30%.

dealermanuals posted:
https://www.myfxbook.com/members/dealermanuals/safe-low-dd-ea/1693512

please monitor trading

regards

Looks like another Anna Forex signal provider. Put real money and trade proper risk.

Not micro cent account. You deposited $1.

And what is your aim. You don't want to risk big money.

To Alex: which settings do you use on your monitoring?

Best regards,
Yury.

i am using EA on Forex4You and my results are totally different than the vendor account. what is the issue.