pipscalper71's Posts - Page 4

ProfitableRisk (Accumulating Strategy101) in Trading Systems Jan 12, 2020 at 23:42

These results are totally meaningless because its on a demo account, what a waste of time. On top of that the EA opens 10 trades all at the same price level, which is also meaningless and high risk.

Laylo 1 in Trading Systems Jan 08, 2020 at 13:24

Most people here on My Fx Book who hide there trade history, are generally using a Martingale strategy which is high risk. The question here is why are you hiding the trade history, something to hide I would have to say. You wanted some feedback so I am giving you some, but based on the Absolute Gain percentage, your system or EA is making approx 7.5% ROI per month, which is not that much of a gain for the high risk draw down that you have. For me personally I pass on systems that have a draw down any higher than 25-30%, but its your money so if you are comfortable with such high draw down th...

Laylo 1 in Trading Systems Jan 07, 2020 at 12:16

Well I can assure you that a big draw down is a big concern for any trader, but it all depends on whether or not you are selling something here. Your draw down on all 3 accounts is very high which means high risk is involved, probably a Martingale strategy and thats why your trade history is private.

CR7 EA V1 in Trading Systems Jan 01, 2020 at 12:27

Forextia posted:good result in backtest ! Have you a demo Version?https://www.myfxbook.com/files/Forextia/reslut.pngYour modeling quality is only 90%, you need to back test with the TDS software and get 99.9% modeling quality, then it will be very accurate. You also need to do at least a one year back test because 2 weeks is not long enough to determine the real potential of this EA.

new moon EA in Trading Systems Dec 19, 2019 at 14:15

You need to open up your trade history please, so we can see the trades.

Show your profitable account here. in General Dec 18, 2019 at 20:23

Nice results except for the huge draw down at 84%, at which point just about blew the account up. Based on the equity curve it looks like you have a whole bunch of open trades that are causing this huge draw down.

BigReturnSystem (ICMarkets) in Trading Systems Dec 12, 2019 at 13:12

It is 100% Martingale Professional 4X, as you can see in my screen shot that I took while he had the trade history public for a few hours.

BigReturnSystem (ICMarkets) in Trading Systems Dec 11, 2019 at 10:08

So I just chatted with this vendor on Skype today, and asked him a bunch of questions about his EA. I asked him to open the trade history, which he did and then I had a look at some of the trade. Well it turns out that its a pure Martingale trading system, and that's why the draw down is so high. Then he tries to argue with me that it is not a Martingale system. I copied and pasted the explanation when I Googled "Martingale Trading Strategy". So I told him that everyone here on My Fx Book knows what a Martingale system is, and all of you have been warned.

BigReturnSystem (ICMarkets) in Trading Systems Dec 11, 2019 at 03:29

Yes your draw down is high but like you said if you turn it down a few notches you can still get a good ROI per month. To make 651% ROI in 7 days of trading is very impressive indeed, so nice work so far.

Show your profitable account here. in General Dec 10, 2019 at 01:21

ForexAlgoTrading posted:Welcome to 4HAM. This system trades EURUSD on the 15 minute charts and uses a combination of indicators for precise entries and exits. The dynamic algorithm behind 4HAM was born through AI and Machine Learning technology and many hours of testing in backtests and live tests.https://www.myfxbook.com/members/ForexAlgoTrading/forexalgotrading-4ham/3468061You have great results with low draw down as well, are you selling this EA or is it only available to copy ??

FX Trendroid Original in Trading Systems Nov 27, 2019 at 15:10

Can you open the trade history please, and send me details on the cost for your EA and payment methods. I like your results and draw down is not too high, and WP is at 87% which is great.

PuncH in Trading Systems Nov 23, 2019 at 21:54

You say its a soft Martingale strategy, but I would argue that one simply because all you are doing is waiting until the 4th trade (on the same pair of course), to increase the lot size. I am not here as a troll or to criticize but just pointing out the obvious. I do like the results though, but the fact still remains that its a Martingale strategy either way you look at it, and very high risk as well and eventually your draw down will get bigger and bigger.

Show your profitable account here. in General Nov 15, 2019 at 06:39

Sorry but my post was directed to Huge Profits account.

Show your profitable account here. in General Nov 14, 2019 at 20:04

In your comments you say that this method has an accuracy of 95%, however your winning percentage is only 64% can you explain that ??Can you tell us a little bit about how your strategy works with the daily candles, because your results are very impressive indeed.

Elite Fast Scalper 100 in Trading Systems Nov 14, 2019 at 16:02

First of all you are running it on a demo account which is meaningless in the real trading world. Your average trade duration is 4 seconds, which will never work with 99% of most brokers, so if you are a big dreamer keep on dreaming man.

7KSYSTEM in Trading Systems Nov 11, 2019 at 14:57

Your results look good but everyone needs to see your trade history. Are you providing signals through MQL5 or Signal Start ??