what type of account do you use for this account at blazemarkets?

PRO account

getrichsoon1978 posted:
Well it turns out that this Money Tree EA is a complete pile of rubbish. Sure it can make money, but its very broker sensitive because it would not trade with Global prime whom is one of the best brokers in the world, they have low spreads + low commissions and great execution, and they are a true ECN.

 So I opened a Pro account at Blaze Markets, and ran the Money Tree EA on a VPS in London where the trading servers are located for Blaze Markets. There was a bunch of trades in the last week, and I had everything the exact same as Leap FX, the same account, the same brokers, the same leverage with very fast execution times. But there was only one trade that was the same entry time as the vendor, the rest of my trades were way off.

 One sell on EU was 15 mins late, another was 9 mins late, and a third one was 7 mins late in comparison to the vendor’s entry times. On top of that I also had extra sells on the EU which the vendor never got. What this means is that this EA is not very stable at all. The vendor’s sells on the EU were all better entries of course than the 3 sells that were all late on my Blaze live account. When an EA is not stable, it means that the programmer was not that good, or experienced for that matter. The one & only sell that was the same entry time was the exact same outcome as my account.

When you program any logic or strategy, it should open the exact same trades providing it’s with the same broker, the same account type, and the same leverage, although the leverage would never effect the entry time one bit. The other major issue that I discovered, was that 80% of his trades have a 40 pip hard stop loss, except for a handful which closed at a loss of, 75 pips, 192 pips, 122 pips, 63 pips & 97 pips which everyone can all see in the trade history.

Does that mean you had bad results on the same PRO account?

Raeleigh posted:

getrichsoon1978 posted:
Well it turns out that this Money Tree EA is a complete pile of rubbish. Sure it can make money, but its very broker sensitive because it would not trade with Global prime whom is one of the best brokers in the world, they have low spreads + low commissions and great execution, and they are a true ECN.

 So I opened a Pro account at Blaze Markets, and ran the Money Tree EA on a VPS in London where the trading servers are located for Blaze Markets. There was a bunch of trades in the last week, and I had everything the exact same as Leap FX, the same account, the same brokers, the same leverage with very fast execution times. But there was only one trade that was the same entry time as the vendor, the rest of my trades were way off.

 One sell on EU was 15 mins late, another was 9 mins late, and a third one was 7 mins late in comparison to the vendor’s entry times. On top of that I also had extra sells on the EU which the vendor never got. What this means is that this EA is not very stable at all. The vendor’s sells on the EU were all better entries of course than the 3 sells that were all late on my Blaze live account. When an EA is not stable, it means that the programmer was not that good, or experienced for that matter. The one & only sell that was the same entry time was the exact same outcome as my account.

When you program any logic or strategy, it should open the exact same trades providing it’s with the same broker, the same account type, and the same leverage, although the leverage would never effect the entry time one bit. The other major issue that I discovered, was that 80% of his trades have a 40 pip hard stop loss, except for a handful which closed at a loss of, 75 pips, 192 pips, 122 pips, 63 pips & 97 pips which everyone can all see in the trade history.

Does that mean you had bad results on the same PRO account?

Yes I got bad results last week and turned it off and this all happened with the exact same broker, Pro account, and running it on a VPS in London where Blaze Markets servers are running.

It's working just fine on Blaze Markets PRO account, and you are welcome to try yourself.

Dear Sir,
can i test in a demo account for a month ?

You can sign up and test it on demo first. You can also direct questions to support@leapfx.com

fmlbfx2010 posted:
Dear Sir,
can i test in a demo account for a month ?

Dont waste your time with these idoits, this Money tree EA is a piece of garbage and very high risk EA. This Leap FX does not know anything about if an EA is stable or not, but I have lost money
on a real live account, and just sharing my story here.

I'm assuming this is a guy of a different name that's been sending abusive messages to our staff. We've tried helping him but he refuses to follow our recommendations, and then blames it on the system. We are here to help. And provide best recommendations but if they aren't followed then there is greater risk. It's not high risk unless used with high risk lot size, which this user did and did not follow any of our other recommendations. We are here to help for those that listen.

leapfx posted:
I'm assuming this is a guy of a different name that's been sending abusive messages to our staff. We've tried helping him but he refuses to follow our recommendations, and then blames it on the system. We are here to help. And provide best recommendations but if they aren't followed then there is greater risk. It's not high risk unless used with high risk lot size, which this user did and did not follow any of our other recommendations. We are here to help for those that listen.

Members Mark Watson (getrichsoon1978) and George (pipsquick1957) confirmed that they use the same broker Pro account, and running it on a VPS in London where Blaze Markets servers. Maybe they are already blocked because the number has risen to 61. In the settings, there is only the possibility of changing the LotSize. So everyone has the same settings. In the manual, you recommend the Blaze Markets broker, but no one achieves the same results as you. Do you have a special agreement between the broker Blaze Markets? Everything would be explained if you used a certified broker such as Australian brokers.

There are many users doing well with Blaze Markets and other brokers. There is no special 'agreement' . There are also multiple settings that can be adjusted - and latest version is 9. There is also some factors can dictate differences. For example it has a dynamic close feature for max loss. If someone is using $1000 account with high lot size. And it hits 30% DD ($300) the robot may close those trades out while $300 on our account will not close because we have much larger account. Then there will be a difference in results. So you would need to increase the max loss limit setting, or decrease lot size .

That is a fake review. No way that's accurate. Based on the style of trading the chart would not be like that. This style of trading is not sensitive to slippage / commissions. Lower spreads are ideal with commission, does not need lowest spreads / lowest commissions. Another fake person posting fake reviews with clearly only 1 post. Also - if you were using our software you would know there is no configuration provided. It's built in already. There's no set file to load.

Have a look at the Money Tree history on 11 November trade closes for -94 pips loss and yet its recorded as a profit. How is this possible ....mistake in statement edit?

Thanks we are aware of this and it's not much of a secret. If it was we would have 'deleted' this and created a new one. The broker had a bridge issue which resulted in multiple users trades not closing properly as a result the broker credited us for these trades, and that was one trade that was affected. They did this for multiple other users and you are welcome to confirm this with the broker.

You can check our history and see the losing trade sizes. Rarely is it ever a big trading loss. And if so it's recovered. The stop loss is there internally managed. This style of trading works great as it can be seen on our account, but if not for a specific person we do have other systems we offer here that might be better fit: https://www.leapfx.com/automated-trading-systems/

Interesting, the EA can be left during december, januanary and august when there is low liquidity? Or its just a risk you guys are taking to see how it performs?

While it's always safer to turn off systems during low liquidity. We left it on and many people did and it has thrived.

Bonjour, je voudrais savoir si mon vps nickservers à NewYork est bon pour ce robot moneytree.
Si j'essaye sur un compte démo aurai-je les mêmes résultats que sur un compte réel ?
Voilà je demande simplement votre avis.
Merci

Depends on broker. I recommend using London / UK VPS with www.blazemarkets.com broker.