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Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 29, 2011 at 11:09
That is wild! You are the only person i have ever encountered who has used the GPS.
Million Dollar Pips
Trading Sistemleri
içinde
Nov 29, 2011 at 10:51
Hmmm. Well.....having the fastest execution is not always the best. I got ALL the trades at the correct prices. Overall.....was about breakeven.
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 29, 2011 at 10:32
Very specifically..... If you are new to trading, and you have accepted the fact that you can VERY EASILY loose ALL of your money trading forex.......AND are determined to use this EA...... You NEED to immediately start learning how to trade manually, and you need to get good at it really quick. Best case scenario---- stop using the EA temporarily and work on trading manually until you can do so with real money profitably. At that time, you will be ready to deal with whatever bad situation this EA could get into. To be honest, there is no EA made for MT4 that is completely safe as is. You real...
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 29, 2011 at 07:49
I would find this a lot easier to believe if i had not seen the code of v1.87 set to 10% and then in v1.88 changed to 1% (both at minimum risk setting of 1). I ran the EA, and I was told to expect as much as 12%/month at maximum risk. I ran on minimum risk and got over 30% the first month. I am just pointing out the evidence I have experienced firsthand. The ea HAS BEEN very profitable. I am not saying it hasn't. I am saying that something is not right though. All the facts don't line up properly. Matter of fact, now that I think about it, I remember the minimum risk being set at 10% a...
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 28, 2011 at 23:47
Ok..... I see what you are talking about now. I thought you had input "21" in to the risk setting. 😁
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 28, 2011 at 20:55
The only reasonable way to work a martingale system is to have unlimited funds. I have experimented with several martingale systems before. The thing I have seen is, even starting with 0.1 lot on $100,000, it is fairly easy to wipe out the account. I have tried systems that had steps of 100 pips between opening new positions, starting with 0.1 lot, and ending up with a blown account and positions that had open lot sizes of over 100 lots. There are time in the market where...no matter what, a martingale system cannot possibly win.......unless.....you have unlimited funds.
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 28, 2011 at 20:36
It was v1.87, the last version they released before the official sale started. I had not restarted my mt4, so it never updated. Also....about the risk level you are running. They cap it at 3%. There is a bit of code that automatically set the risk to 3% if you enter a higher number, so using risk 21 is no different than running risk 3.
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 28, 2011 at 20:32
I just did some checking into these results. Everyone else may not have noticed, but the stoploss is set to -600 pips....not form the first open position.....but for each individual position. That is why the losses are so massive.
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 28, 2011 at 20:16
Awesome! Thanks for running those tests. I had been meaning to but haven't had the time lately. Greatly appreciate it!
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 28, 2011 at 11:47
Oh yeah....also, my account made 31.75% in one month.
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 28, 2011 at 11:45
I am referring to open drawdown. It is the hidden killer in systems like this. The advertiser will almost NEVER tell anyone how much of a drawdown they may have to endure before the price finally swings back in their favor to close at a profit. As far as closed drawdown goes...my account never experienced a drawdown. But behind the scenes.....my account equity has almost never been positive since the day i started using this EA. i finally caught it just as it closed out a bunch of massive positions for a profit with the open orders only a few thousand dollars in the negative. I just decided i ...
Million Dollar Pips
Trading Sistemleri
içinde
Nov 28, 2011 at 10:53
I did a quick test to see if my MDP would authorize on my little account. It failed. My big account is still up and running and i will leave it alone.
Tom'sEa WPFX LIVE
Trading Sistemleri
içinde
Nov 28, 2011 at 10:51
Score! I was finally able to get all those positions closed out without losing half my account! TEA had put my $40,000 acc up to $59,000 this month. I had a $30,000 DD as of market open today. I Just finished closing out all the positions, and my official account equity is..........wait for it........$52,700 (rounded off)So, I did some updates, moved it to my VPS, and now we are running with a reasonable risk of 1%. We shall see how it goes now.
Million Dollar Pips
Trading Sistemleri
içinde
Nov 28, 2011 at 10:10
Well....there are 3 possibilities. #1-They did it on purpose because I hardly ever lose a trade. #2-Their servers died and were switched to an emergency backup. #3-They just had a massive hacker attack.
Million Dollar Pips
Trading Sistemleri
içinde
Nov 28, 2011 at 09:23
Well.....I don't know if they did it on purpose, but IBFX just flipped out on the price feed. I have been getting huge gaps in the price feed for several minutes now, and averaging about 1 tick every 5-10 seconds. MDP missed a really good spike because of the gap.
Million Dollar Pips
Trading Sistemleri
içinde
Nov 28, 2011 at 09:13
If I attempt to change the magic number, MDP will try to reauthorize. I have no reason to attempt it.
Million Dollar Pips
Trading Sistemleri
içinde
Nov 28, 2011 at 07:00
Then it is not all MDP licenses. because mine never stopped.
Million Dollar Pips
Trading Sistemleri
içinde
Nov 28, 2011 at 06:32
There shouldn't be an issue with it if you are running on a VPS. Both of my MDP licenses never de-activated because the mt4s were never shut down.
Million Dollar Pips
Trading Sistemleri
içinde
Nov 23, 2011 at 11:13
It is possible to manipulate the data, but at this point, the vendor would have no reason for it. It would be more trouble than it is worth.
Million Dollar Pips
Trading Sistemleri
içinde
Nov 23, 2011 at 11:02
I figure either it didn't update properly, of the demo account server was too slow for MDP to be able to trade. i believe the primary demo acc is on TF.
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