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MellyForex
Forex Thor
em
Sistemas de Negociação
Mar 01, 2012 at 09:43
Hi James,Without knowing more information such as your broker and the details of the differences between the two sets of trades, that's a very difficult question to answer. Could you please start a thread to raise those questions on the MellyForex forum here:http://www.mellyforex.com/forum/commercial-expert-advisors-f9.htmlIt will be much easier and quicker for me to respond that way.Thanks.
Fast Forex Millions
em
Sistemas de Negociação
Jan 27, 2012 at 16:36
No, I haven't adjusted the filter depth, and I didn't receive the email from FFM support either. They possibly only sent it to users and not to affiliates.My copy has only been trading so far for a few days, so it's a bit too soon to be adjusting any of the settings in my opinion. Even so, I don't really understand the logic of changing one of the settings on the basis that it is supposedly broker dependent, because there's no effective way of optimising those settings for your broker. You would need a set of history data for the broker you want to optimise it to (MetaQu...
Fast Forex Millions
em
Sistemas de Negociação
Jan 27, 2012 at 14:33
Hi, yes they're the defaults although I've lowered the risk to 3%. There's more about it here:http://www.mellyforex.com/reviews/item/2012-01/fast-forex-millions-ea---expert-advisor-in-forward-test
Forex Gale (2)
em
Sistemas de Negociação
Dec 21, 2011 at 17:07
No problem, I've edited the settings.
Forexbody Money Printer
em
Sistemas de Negociação
Nov 07, 2011 at 09:03
Hi Alex,Thanks for the kind words.The problem with the EA is that it can carry a large open drawdown which can exceed the profit it's already banked. So far, the open drawdown has peaked at around 75%. When you look at an MT4 statement, all of the statistics only reflect the closed trades and look very, very impressive indeed. It's very easy to neglect the negative impact of the open drawdown. For instance, the closed trade relative drawdown has so far only been 1.28% which is a far cry from the 75% open drawdown that I mention.That said, I may be compounding the open drawdown prob...
Forexbody Money Printer
em
Sistemas de Negociação
Nov 02, 2011 at 07:52
Hi Joe,It's 4.11.0.
Forexbody Money Printer
em
Sistemas de Negociação
Oct 27, 2011 at 12:26
I'm very reluctant to recommend one particular EA over another because I've no idea what sort of trading style you prefer. For instance, you get EAs which are scalpers which can either work 24/5 or they may only work for a couple of hours a day. Similarly, you get trend following EAs, swing traders, grid traders and other types too. Different EAs will offer varying win rates, varying risk/reward ratios, varying SL/TP levels. Some will only work on one or two symbols, others will work on many symbols. Some will only stay in trades for a short while, others will stay in their trades...
Forexbody Money Printer
em
Sistemas de Negociação
Oct 27, 2011 at 11:40
No problem. I did notice in my version that users can set a limit to the number of open trades at any one time (default = 3 for each strategy in each direction) and I would guess that this plays an important part in limiting the amount of margin being used and helping to keep the EA out of trouble. Even with a full set of open trades, my demo account isn't under any margin pressure whatsoever.
Forexbody Money Printer
em
Sistemas de Negociação
Oct 27, 2011 at 10:52
Hi,I haven't backtested the EA myself to see if or where it fails. At this stage it's only in forward test and, provided it shows some potential after the first 30 days, I'll analyse it in greater detail at that point in time and review it on MellyForex.You can read a little more about my Money Printer forward test on this link:http://www.mellyforex.com/reviews/item/2011-10/forexbody-money-printer-ea---expert-advisor-in-forward-testOtherwise, I'm afraid that I can't tell you any more about the EA. If you say it fails its backtests, then I've got no reason whatsoever t...
Forex Gale
em
Sistemas de Negociação
Oct 10, 2011 at 14:23
Yes, I'm well aware that the risk is too high. Unfortunately, FXCC's minimum lot size is 0.1 lot, so I can't do anything about the problem.Have you read my two articles about Forex Gale?http://www.mellyforex.com/reviews/item/2011-09/forex-gale-ea---expert-advisor-in-forward-test and http://www.mellyforex.com/reviews/item/2011-10/normal-service-is-partially-restored---mellyforex-september-update
Primus-Alpha
em
Sistemas de Negociação
Aug 09, 2011 at 17:31
Hi,Some of those EAs fail their backtests abysmally and there's no way in the world that I'd ever put them onto a live account. I try to report my findings in an unbiased manner and I always say when I don't think a system has any real future.The aim of the forward tests at www.mellyforex.com is simply to compare each EA in test under near-identical conditions, and it would be plain stupidity to put those EAs which I anticipate will be loss making onto a live account. It's just as easy to tell the good EAs from the bad EAs on a demo account, without needing to throw money awa...
Morpheus OddBot
em
Sistemas de Negociação
Aug 04, 2011 at 07:33
Hello Cuneyt,Thanks for the kind words. I've checked the OddBot links in my review (http://www.mellyforex.com/reviews/item/2011/06/morpheus-oddbot-ea---expert-advisor-review) this morning and they seem to work OK. They were a little slow to load though, so you may just need to be patient for a moment or two.This is my affiliate link: http://www.mellyforex.com/rec/index.php?product=oddbotOr, if you don't want to use my affiliate link, you can visit the Morpheus website directly on: http://morpheusfxsolutions.com/Btw, as I said to the earlier poster, please feel free to post any quest...
Morpheus OddBot
em
Sistemas de Negociação
Jul 26, 2011 at 16:33
Hi,This is version 1.5 of OddBot.You can find out more about the settings I'm using by checking the OddBot articles and reviews on MellyForex here:http://www.mellyforex.com/reviews/index.php?blogid=1&query=morpheus+oddbotUnfortunately, I don't check MyFxBook for messages and only found your message by chance, so it would be best to ask any questions on the forum thread for OddBot at MellyForex here:http://www.mellyforex.com/forum/topic57.html
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