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Dionysus231
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Dionysus231
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Vortex Trader PRO
ใน
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Nov 14, 2016 at 18:05
Very easy to reach 1000+% by curve fitting a strategy and then setting risk to 20% as Doug did in beginning. Obviously nobody risking real money would ever risk 20% a trade. This system and all his others are scams
Vortex Trader PRO
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Nov 14, 2016 at 18:02
This strategy was obviously very highly curve fit and will only work well on past data
HedgeTrackTrader
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Apr 16, 2016 at 12:44
Also what is going to be the best way to backtest this EA? Will we have to do one backtest for each of the 20 pairs traded?
HedgeTrackTrader
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Apr 16, 2016 at 12:37
"For drawdowns you must note it uses cross currency hedging" Can you tell us a little more about what cross currency hedging means? It doesn't explain in the video. Id like to know a little more about the strategy before I give it a shot. Also how is the stoploss and take profit determined? What is the risk to reward ratio?
Hedge Track Trader
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Apr 12, 2016 at 17:47
Is this an EA or trade copier
MAX Scalper
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Mar 23, 2016 at 11:46
I think I know what happened Doug. I have custom stoploss set to 15 pips. And I see you must have moved the stoploss to 25 pips. There must have been a drawdown on that trade before it went into profit. Why did you move the stoploss to 25 pips? Better when the pound is volatile?
MAX Scalper
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Mar 22, 2016 at 19:14
Not what I said at all. Just saying you can't backtest with the trade copiers. Sure you could forward test on demos but that will take a while and you usually only get one license so it's hard to run multiple test settings at same time.
MAX Scalper
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Mar 21, 2016 at 23:51
This will be the last one I buy. I at least like the risk to reward ratio but I swear. I will never buy a trade copier again. I have no way of back testing no way of optimizing the EA moving forward. It opens my trade and Dougs at exact same point his ends in 5 pips gain mine winds up 15 pip loss bc I apparently didn't get the "signal" to close the trade from the master. It's horrible. If your gonna sell something to someone. Especially a software that controls their money you have to give them control of the software!
MAX Scalper
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Mar 21, 2016 at 23:42
Doug. Don't understand why I have a max scalper trade today that hit stoploss and you have no losing trades showing. 3/21. I'm down 10 pips. Says you are up 14 pips for the day. Shouldn't it be the same. Or at least very close?
MAX Scalper
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Feb 29, 2016 at 03:09
Jonny. You are 100% correct but master has stoploss set to 15 pips. I believe if I set to 10 pips it would exit at 10 pips but I'm not sure it would make a difference yet. As I believe losses were due mainly to volatility in the pound and not the size of the stoploss. And I spoke to Doug yesterday said he entered in more filters. Seems that's why it has not traded.
MAX Scalper
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Feb 28, 2016 at 16:24
Yes there is a setting to edit stoploss on all Dougs EAs
Channel Trader PRO
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Feb 27, 2016 at 17:32
which 69$ EAs are you using ? are they linked to myfxbook so we can see
MAX Scalper
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Feb 26, 2016 at 22:33
This month was horrible for the pound. Talk of England being better off out of the euro zone caused major volatility. A lot of people were selling the pound last two months. Been one of the weakest currencies. So I don't think it is as liquid as usual. I may bring stoploss from 15 to 9 pips as average loser was a little bigger than average winner this month. But I'm not giving up on this ea. I like the risk to reward ratio here. There were a couple trades that got 30 pip winners. But think the volatility in the pound was enough to knock out a lot of trades at stoploss or trailing stop....
MAX Scalper
ใน
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Feb 12, 2016 at 17:30
My broker is fx choice. I don't think broker makes much of a difference as long as you have low spreads. So I don't have synergy but same results as Doug. It is a trade copier after all remember
MAX Scalper
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Feb 12, 2016 at 17:28
It's doing exactly same as master account. I also risk to 1% so down around 5% this week like Dougs account. I'm giving this at least 3 months. Hope it continues around 70% win rate with 1:5 risk to reward should pay off over large enough sample size. 1,000 trades
MAX Scalper
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Feb 08, 2016 at 14:43
It was changed to 15 pips after October I believe. The 7 year back test is with a 15 pips stop.
MAX Scalper
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Feb 07, 2016 at 19:28
I bought it today. I like the risk reward ratio better than most EAs out there. 15 pips stop 100 pip take profit. Risk 1% per trade. It does not trade more than 2 open trades at a time. Can't wait to see how this month goes. If I learned anything from these EAs you have to be one of the people who get in at the very beginning.
MAX Scalper
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Feb 05, 2016 at 15:28
Doug. Just confused here because on other backtest account the stoploss seems to be 15 pips and on this one it is 100 pips. Why is that? Is the win rate better with 100pips. As long as risk reward is at least 1 to 1 I like it. Not a lot of the otherEAs have a decent risk to reward ratio.
Forex Flex EA Acct4
ใน
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Jan 31, 2016 at 19:48
I used this ea since Jan 1st. It only took a month to wipe out 35%. Even on back tests it's very hard to get this ea to be profitable over a long period it was silly of me to even run it live.
Forex Flex EA Acct4
ใน
ระบบการเทรด
Jan 31, 2016 at 19:46
I was using default on 7 recommended pairs with a risk of .1 for an 8500$ account usd. I don't care what you say about settings being wrong. This ea simply has Very bad FUNDAMENTALS. You don't double down when trades go against you. You don't open 5-6 trades when one goes against you. You don't risk 35% or more of your account on a single trade with no stoploss. You guys have to be out of your minds with this ea. It's no wonder they keep blowing accounts and starting new ones. It's only a matter of time. Enough said. You could do 200%+ compounded returns yourself with r...
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