Discuss Forex-auto-trader.com

[roberto]

What I mean is that every single EA, just like any trader, has both wins and losses. The thing is that for a good EA the total amount of wins exceeds the total amount of losses. However, you don't seem to realize even that.

Here, you can check out my account with Alpari UK in the read-only/investor's mode if you wish:

1. Download the free Alpari MetaTrader4 platform at
http://alpari.co.uk/mt4setup.exe and install it on your computer.

2. Connect to the account, using the following data (to connect, go to "File -> Log in" in the MetaTrader4 menu):

Login: 380601
Password: 6hguznx
Server: Alpari-Demo

Let's see what you have to say now.

looking at your account history it seems you have different stoploos settings
Sometimes they are 5 point and sometimes they are 32 or different.
Can you explain what settings you are using (S/L T/P etc?)
I mean if i run the EA it will have always the same stoploos as set in the EA itselve.


thanks


thanks

 

[pipsbuster]

looking at your account history it seems you have different stoploos settings
Sometimes they are 5 point and sometimes they are 32 or different.
Can you explain what settings you are using (S/L T/P etc?)
I mean if i run the EA it will have always the same stoploos as set in the EA itselve.


thanks


thanks

I always use the default settings that come with the updates - never change anything there manually. You chose to tamper with the settings - hence, the poor results you've been getting.

 

[roberto]

It really is funny how you continue to insist on 1 trade within two weeks even after I proved the opposite to you by providing access to my account. Don't get me wrong - I'm not saying you're deliberately lying here. What I rather suspect is some kind of a technical problem, either with your VPS or your broker, which you are to figure out if you want the EA to function for you properly.

I also see that you're definitely not using the default settings as you should have - there, the risk factor is not set to 0.

may be i set something wrong in the EA. That's why i have posted my settings.
I thought Risk Factor > 0.0 means Money Management is OF. And it takes the "lots" settings input that i currently set to 0.5 lots

On a live account i do not like to open more than 0.01 (microlot) rigth now.
So you mean changing the Risk fatcor to 0.3 will do the trick without changing the amouts of lots?

thanks

 

[pipsbuster]

may be i set something wrong in the EA. That's why i have posted my settings.
I thought Risk Factor > 0.0 means Money Management is OF. And it takes the "lots" settings input that i currently set to 0.5 lots

On a live account i do not like to open more than 0.01 (microlot) rigth now.
So you mean changing the Risk fatcor to 0.3 will do the trick without changing the amouts of lots?

thanks

I got my results with the default risk factor for every update.

 

[roberto]

No trade this week.

 

[pipsbuster]

No trade this week.

Does it say anywhere there will be trades every single week?

 

[pipsbuster]

Your "statement links" all come up dead ?

Just checked - all of them opened with no problems. Simply try again or log in to my actual account if the problem persists.

 

[Pharaoh]

Your "statement links" all come up dead ?

I haven't checked out the product, but decided to check the statement in question.

http://myforexresults.50webs.com/FATForwardTest.htm works fine for me.

 

[pipsbuster]

I haven't checked out the product, but decided to check the statement in question.

Statement: 380601 - Craig Reynolds works fine for me.

I'm glad we sorted it out for you.

 

[Ken Long]

A few comments and questions.

First, it doesnt matter what the lot size is set at. As long as it is within your margin it should trade the same. The difference in trades is more often due to differences in brokers, or some other unknown..

If you set the Risk Factor > 0 it would turn Money Management on, setting Risk to 0.0 as you have done turns it off and it will then trade with your fixed lot size. No difference in the number or timing of the trades, only the size. Setting the Risk Factor will result in different size trades, due to percentage of available margin.

But none of this accounts for varying stop losses, trailing stops, and profit targets. It appears there is an awful lot that we dont know and arent told about the inner workings of this program, and that arent accessable to us. Are there any other parameters that are available to us, this seems to be a very restrictive program with few user adjustable parameters. More likely the developer wants to keep the users in the dark and constantly under his control and relying on him for optimizations.

And yes, the trade roberto shows is definately buying in at the top of the range. A common problem with many EA's.