Magic-Champ II PRO - Account 03 (由 forex_trader_3837)
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Magic-Champ II PRO - Account 03讨论
会员从Mar 27, 2010开始
10帖子
Sep 03, 2012 at 08:08
会员从Feb 19, 2010开始
31帖子
Money management of this EA is totally wrong! This EA has a lot of potential if it is modified with the right MM.
I asked via help support to modify this EA because in the long run it is a loser in a statistical sense, but they have insulted me and laughed .... God forgive the ignorant!
I asked via help support to modify this EA because in the long run it is a loser in a statistical sense, but they have insulted me and laughed .... God forgive the ignorant!
No PAIN= No GAIN!!!
forex_trader_3837
会员从Nov 30, 2009开始
15帖子
Sep 03, 2012 at 08:41
会员从Nov 30, 2009开始
15帖子
we are very sorry to see, that you sitll didn't get the point of partial sales and dynamic SL.
the winning pips are so high, caused by the partial sales.
litte example
2 Trades. Each with 1 Lot. and 5 Splits (5 times 0.2 Lot)
the first Trade is a profit Trade. the second trade is a SL
1. TRADE
TP 1 = 5 Pips
TP 2 = 10 Pips
TP 3 = 15 Pips
TP 4 = 20 Pips
TP 5 = 25 Pips
--> And here it is, the crucial question: how many pips did this trade produce??? myfxbook would say: 75 Pips. MetaTrader would say the same. What would you say?
2. TRADE
The second trade is the SL with 30 Pips Loss.
What is the final Pips P/L???
we would say that the final P/L would be devastating negative. myfxbook and MetaTrader would say that some money was lost, but some Pips were won ... do you know what we mean?
so, finally: don't look at the Pips Gain!!! Look at the money. the partial close at different TP Levels leads to some wrong calculations results in myfxbook.
if you dont believe us and if you are not able to follow our explanation and calculation, why don't you ask Birt. maybe you believe him if you dont trust us https://eareview.net/
----
due to the server change, this account was switched to the New Pepperstone Edge server. this account won't update anymore and will be switched to the new MC-II PRO https://www.myfxbook.com/members/LiveTrading/mc-ii-pro-pepperstone-edge/377234
the winning pips are so high, caused by the partial sales.
litte example
2 Trades. Each with 1 Lot. and 5 Splits (5 times 0.2 Lot)
the first Trade is a profit Trade. the second trade is a SL
1. TRADE
TP 1 = 5 Pips
TP 2 = 10 Pips
TP 3 = 15 Pips
TP 4 = 20 Pips
TP 5 = 25 Pips
--> And here it is, the crucial question: how many pips did this trade produce??? myfxbook would say: 75 Pips. MetaTrader would say the same. What would you say?
2. TRADE
The second trade is the SL with 30 Pips Loss.
What is the final Pips P/L???
we would say that the final P/L would be devastating negative. myfxbook and MetaTrader would say that some money was lost, but some Pips were won ... do you know what we mean?
so, finally: don't look at the Pips Gain!!! Look at the money. the partial close at different TP Levels leads to some wrong calculations results in myfxbook.
if you dont believe us and if you are not able to follow our explanation and calculation, why don't you ask Birt. maybe you believe him if you dont trust us https://eareview.net/
----
due to the server change, this account was switched to the New Pepperstone Edge server. this account won't update anymore and will be switched to the new MC-II PRO https://www.myfxbook.com/members/LiveTrading/mc-ii-pro-pepperstone-edge/377234
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