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Powerful Scalping EA | High Risk | Armada Markets (By powerfulscalping)
The user has deleted this system.
Powerful Scalping EA | High Risk | Armada Markets Discussion
Member Since Dec 04, 2010
1447 posts
Jun 10, 2013 at 17:03
Just wondering if you could share the lot sizes would be good to see how MM is handled after negative trades etc. thanks
Member Since Mar 27, 2013
17 posts
Jun 18, 2013 at 19:16
Expert works with normal percentage risk, the function of recovery was used before is not a long time, but later we are decided to stop using it. We do not see the need to showing additional statistic.
Member Since Mar 27, 2013
17 posts
Jun 20, 2013 at 06:06
Of course. For this simply go to our website.
Jun 20, 2013 at 08:32
Member Since Mar 27, 2013
17 posts
Jun 20, 2013 at 13:53
"https://www.tradingsystemforex.com/expert-advisors-backtesting/234-powerful-1-min-scalping-system-ea.html"
It has not any relationship to our product. Our product is independent development.
It has not any relationship to our product. Our product is independent development.
Member Since Jul 05, 2011
301 posts
Jun 22, 2013 at 15:28
powerfulscalping posted:
We do not see the need to showing additional statistic.
Well I think you do if you want me to purchase this EA. When statistics are hidden, it implies you are trying to hide something and breeds distrust. Successful traders have been burned by too many fly by night vendors and will not even look at products with hidden statistics. It is the successful traders that cause you to have the most sales by word of mouth. I encourage you to make all statistics available.
Member Since Mar 27, 2013
17 posts
Jun 22, 2013 at 21:34
What statistic are hidden except lots and balance? You do not need this values to look at system work and this is our investors rule. If you want see all trades parameters you can find independent monitoring here en.fortrader.ru/ea/adviser_details/27 or one of EA users monitoring myfxbook.com/members/bestru/powerful-scalping/603891
Member Since Jul 05, 2011
301 posts
Jun 22, 2013 at 23:21
powerfulscalping posted:
What statistic are hidden except lots and balance? You do not need this values to look at system work and this is our investors rule. If you want see all trades parameters you can find independent monitoring here en.fortrader.ru/ea/adviser_details/27 or one of EA users monitoring myfxbook.com/members/bestru/powerful-scalping/603891
Balance, Equity, Highest, Profit, Interest, Deposits, Withdrawals, Goals, Lots, Commissions, Best Trade, Worst Trade, Standard Deviation, Lot Difference, and Profit Difference . . . all hidden. The only understandable thing to be hidden is the Open Orders, if you use pending and the account number. There is no justification for anything else hidden. I was under the impression monitoring is what Myfxbook is for. I am not interested in 3rd party verification that I have never heard of or have cause to trust. I am not attacking your product; I am just stating it like it is. I do not purchase EAs, services, etc. that refuse to run a Myfxbook account. I also advise others to follow this rule.
Jun 23, 2013 at 01:03
Results are good despite the terrible risk reward ratio. Just remember that 1 loss will take about 20 profitable winners to cover the loss.
Also the developers of Joker EA realized its a optimized copy of their optimized copy of Wall St Robot.
https://forexsystems.ru/foreks-eksperty-statistika-s-real%60nogo-scheta/71691-powerful-scalping-ea.html
Just remember any trading system with poor Risk reward will result in a curve like this if you are lucky.
https://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robot-real/95290
Also the developers of Joker EA realized its a optimized copy of their optimized copy of Wall St Robot.
https://forexsystems.ru/foreks-eksperty-statistika-s-real%60nogo-scheta/71691-powerful-scalping-ea.html
Just remember any trading system with poor Risk reward will result in a curve like this if you are lucky.
https://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robot-real/95290
Jun 23, 2013 at 01:07
Im also concerned about your backtest - https://www.myfxbook.com/strategies/backtest-dukascopy-tick-data-fixed/38505
You stated a Spread of 0.7 Pip 😇 Not realistic at all.
How about a New backtest with a spread of 1.7 - 2.0?
You stated a Spread of 0.7 Pip 😇 Not realistic at all.
How about a New backtest with a spread of 1.7 - 2.0?
Member Since Mar 27, 2013
17 posts
Jun 23, 2013 at 11:00
Aplmustdie posted:
I am not interested in 3rd party verification that I have never heard of or have cause to trust. I am not attacking your product; I am just stating it like it is. I do not purchase EAs, services, etc. that refuse to run a Myfxbook account. I also advise others to follow this rule.
No need misinform other persons, if you do not have real reasons for this, we showed you the independent monitorings, if you are not satisfied by something - pass by.
Member Since Mar 27, 2013
17 posts
Jun 23, 2013 at 11:00
uk_max posted:
Results are good despite the terrible risk reward ratio. Just remember that 1 loss will take about 20 profitable winners to cover the loss.
The profit level is dynamic in our expert, restoration after loss often very occurs much earlier, you need to keep better track of your trade, which is a very risky - https://www.myfxbook.com/members/uk_max/fgt--ilan14-forex-grid/464359 https://www.myfxbook.com/members/uk_max/haruea/505757 https://www.myfxbook.com/members/uk_max/forexgalaxynet-scalper/520118 https://www.myfxbook.com/members/uk_max/forexgalaxynet-scalper/575257 , rather than to teach others :)
Member Since Mar 27, 2013
17 posts
Jun 23, 2013 at 11:00
uk_max posted:
Im also concerned about your backtest - https://www.myfxbook.com/strategies/backtest-dukascopy-tick-data-fixed/38505
You stated a Spread of 0.7 Pip 😇 Not realistic at all.
How about a New backtest with a spread of 1.7 - 2.0?
Are you sure that spread is not realistic? But all our monitoring uses the max limitation of spread (0.8pips) and trades normal as you can see. The spread value is most important for any scalper so we added the spread limitation to prevent losses and bad trade conditions.
And about that 1 loss will take about 20 profitable winners to cover the loss, just have a look at monitoring history last week and find the answer to this question.
Jun 23, 2013 at 15:31
spread + commission is the real world. A backtest on under 1.0 pip is unrealistic. ECN average 0.6 + on EURUSD - https://www.myfxbook.com/forex-broker-spreads + Commission. Armada is low commission with lower spreads than most, average on 1 minute bar is still 0.6+commission
Pip expectancy is 2 pips on your system. Average win is 4 pips and average loss is 30 pips. I do apologize for the 20:1 . More like 8:1 r/r
Pip expectancy is 2 pips on your system. Average win is 4 pips and average loss is 30 pips. I do apologize for the 20:1 . More like 8:1 r/r
Jun 23, 2013 at 15:58
Forexgalaxy-
armada markets spread for eurusd is 0-05. average is 0,3. spread +commision is 0,9. this ea is good. Why 2 pip? why payning 2pip?
powerfulsclping use tick data. i am use tick data (0,5 spread a 5 comm = 1pip) and my ea work. spread not problem. problem is slippage and news spread 10+ :)
armada markets spread for eurusd is 0-05. average is 0,3. spread +commision is 0,9. this ea is good. Why 2 pip? why payning 2pip?
powerfulsclping use tick data. i am use tick data (0,5 spread a 5 comm = 1pip) and my ea work. spread not problem. problem is slippage and news spread 10+ :)
Best rebate for IC Markets 1,60 RTL+ armada markets 10% commision back + next 30 brokers company only in . Who will give you more?
Member Since Mar 27, 2013
17 posts
Jun 23, 2013 at 20:14
While you continue to theorize our system works and makes a profit 😄 Just have a look at real accounts statistic...
PS (uk_max) And to advertise your high-risk-based system of averaging find another way 😁
PS (uk_max) And to advertise your high-risk-based system of averaging find another way 😁
Member Since Jan 17, 2013
25 posts
Jun 24, 2013 at 06:41
backtest do not include comissions, 0.8pips spread is very realistic YES, but you have to include broker comission in those backtests to make them reliable..
that of couurse if you wan to be a serious seller.
that of couurse if you wan to be a serious seller.
Simplicity is the ultimate sophistication
Member Since Sep 04, 2009
849 posts
Jun 24, 2013 at 07:51
LTInvestment posted:
backtest do not include comissions, 0.8pips spread is very realistic YES, but you have to include broker comission in those backtests to make them reliable..
that of couurse if you wan to be a serious seller.
the word "serious" is unknown in this industry..😉
Member Since Jul 05, 2011
301 posts
Jun 24, 2013 at 08:58
powerfulscalping posted:Aplmustdie posted:
I am not interested in 3rd party verification that I have never heard of or have cause to trust. I am not attacking your product; I am just stating it like it is. I do not purchase EAs, services, etc. that refuse to run a Myfxbook account. I also advise others to follow this rule.
No need misinform other persons, if you do not have real reasons for this, we showed you the independent monitorings, if you are not satisfied by something - pass by.
There IS a need to INFORM people. That is what the discussion portion of Myfxbook is for as well as asking questions. You did not answer my original question. Why are so many items hidden in your chart?
