Forex Gale Real Money (Strategy 1,2,3) Alpari. (By fxgale)

The user has deleted this system.

Forex Gale Real Money (Strategy 1,2,3) Alpari. Discussion

Aug 30, 2011 at 09:16
3,786 Views
35 Replies
Member Since Aug 21, 2011   17 posts
Sep 04, 2011 at 08:11
Why are your open trades private?? is there a drawdown you do not want us to see??? I am running.
Member Since Jul 22, 2011   17 posts
Sep 04, 2011 at 08:48
There is already enough information for reader to see, balance, equity, etc. so everything is crystal clear. We are the one out of hundreds of robot seller who even provided Investor Password on our web site for more than one account.

Regds
Member Since Jul 22, 2011   17 posts
Sep 10, 2011 at 15:15

However upon clients requests we have shown open trades as well as other information for Public.

Let us know any qs, we are happy to answer.

Thanks

Fx Gale Team
Member Since Dec 09, 2010   48 posts
Sep 10, 2011 at 16:16
This DD can easily blow out your account ! How to manage your risk ?
Keep Thinking or RIP .
Member Since Jul 22, 2011   17 posts
Sep 10, 2011 at 23:01
Which drawown you are referring ? it is less than 2%, its $21 for a balance of $1,187. See how it manage and earned money in USDCHF wild 1000 pips moments.

We are confident, running this strategy alongwith other EAs which we do not sell and they are producing nice returns.

Regds

Fx Gale Team
Member Since Dec 09, 2010   48 posts
Sep 11, 2011 at 03:02
I meant the DD your EA causes which clearly we can see on different test accounts ? may be not yet on your real one ?
Keep Thinking or RIP .
Member Since Dec 09, 2010   48 posts
Sep 11, 2011 at 03:06
also I don't see S/L or T/P on your demo accounts ,with many open trades they can go easily out of control in those crazy market conditions and blow out your account 😲
Keep Thinking or RIP .
Member Since Jul 22, 2011   17 posts
Sep 11, 2011 at 06:16
Real account is always more accurate benchmark.

You need to see net exposure, it does not mean it has say 20 trades, it is hedged EA so net exposure could be 2-3 micro lots. See how EA managed 1000 pips against movements.

In most cases it is winner of Turlbulant market, you would see more market volatility more returns.

Member Since Dec 09, 2010   48 posts
Sep 12, 2011 at 00:39
Will see if thats true with time , give it more time 😄
Keep Thinking or RIP .
Member Since Jul 22, 2011   17 posts
Sep 12, 2011 at 00:43

Yeap, see how it gonna move as time passes.

Regds

Fx Gale Team
Member Since Dec 09, 2010   48 posts
Sep 12, 2011 at 01:07
This Demo account reached about 50% equity and then stopped updating for some reason
https://www.myfxbook.com/members/fxgale/forex-gale-strategy-3/143032

Another Demo account equity is looking ugly 😡
https://www.myfxbook.com/members/fxgale/forex-gale-strategy-2/139257
Keep Thinking or RIP .
RPP123
forex_trader_18908
Member Since Sep 24, 2010   45 posts
Sep 12, 2011 at 01:15

cutedoctor posted:
    This Demo account reached about 50% equity and then stopped updating for some reason
https://www.myfxbook.com/members/fxgale/forex-gale-strategy-3/143032

Another Demo account equity is looking ugly 😡
https://www.myfxbook.com/members/fxgale/forex-gale-strategy-2/139257


it's called ticking Bomb,

Member Since Jul 22, 2011   17 posts
Sep 12, 2011 at 01:17
1. Account Alpari already expired this demo.

2. Again this is alraedy explained in that demo comments, so can we avoid repeat question to save time for readers.

Also see FPA comments about this Demo as Alpari deleted trades so FPA stopped this account so we opened an account with non -expiring broker FinFx. Again said this account is no longer Benhmark so Track live account performance.

Regds

Support

rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Sep 14, 2011 at 23:13
just bought it yesterday,i like that kind of system ,with good mm should be doing fine😄
Member Since Dec 09, 2010   48 posts
Sep 18, 2011 at 22:21 (edited Sep 18, 2011 at 22:23)

fxgale posted:
    Which drawown you are referring ? it is less than 2%, its $21 for a balance of $1,187. See how it manage and earned money in USDCHF wild 1000 pips moments.

We are confident, running this strategy alongwith other EAs which we do not sell and they are producing nice returns.

Regds

Fx Gale Team

You were confidently saying the floating DD was only 2% before , now It is reaching 21% , we will monitor and see !😐
Keep Thinking or RIP .
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Sep 21, 2011 at 13:25
hi forex gale,what will happen if i switch the the tp and ts from .35 to .25?

got some profit the first day i put it on
Member Since Jul 22, 2011   17 posts
Sep 21, 2011 at 20:10

Hi

If you change TP, and TSL to 0.25 then it will close trades more often which means less return and less risk. It will also work if you set 1.0 and in this case it will take more time to close a group.

In one Purchase we offer license for 2 live and 3 demo account. The Purposes of offering these numbers of demo is clients can test different strategies seperately and also test any other variables as well if they wish.

Regds
Member Since Jul 22, 2011   17 posts
Sep 21, 2011 at 20:17

   cutedoctor posted:
   
fxgale posted:
    Which drawown you are referring ? it is less than 2%, its $21 for a balance of $1,187. See how it manage and earned money in USDCHF wild 1000 pips moments.

We are confident, running this strategy alongwith other EAs which we do not sell and they are producing nice returns.

Regds

Fx Gale Team

You were confidently saying the floating DD was only 2% before , now It is reaching 21% , we will monitor and see !😐


Ok see the logic of this EA dd is based on settings which you choose, very low, low, medium or high, you will have certain level of drawdowns all the time based on your settings.

The dradown normally remains in certain percentages and it add profit ( closed trades at profits on regular basis).

Now the Gross balance is 1333 and equity is 1225 and dd is less than 9%, so it earned 22.5% in 22 days. The question is should we close now and start again from 1225 balance, no we will let it run and may be tomrw it come to 1100 but it will add profit on regular basis.

So effectively for 1k account it recovered Softwares cost in first 3 weeks.

We expect in these settings it has potental to add profit upto 400% in one year.

rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Sep 22, 2011 at 21:52 (edited Sep 22, 2011 at 21:58)
like it so far on my live acc,feel safe at .14 setting,no much dd and pretty nice profit

what are the rules that the ea uses to close a cycle out?
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Sep 23, 2011 at 19:09

   rob559 posted:
   like it so far on my live acc,feel safe at .14 setting,no much dd and pretty nice profit

what are the rules that the ea uses to close a cycle out?

never mind for the last question i found my anwer in your previous post,

what is your setting on that live acc?
can you send it to me at
  [email protected]

thanks

roberto
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