Discuss ForexHippo.com (Matt Robinson)

[Administrator]

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[mrf1962]

Looking pretty impressive so far. What is the licensing like? Can one license run on multiple live accounts? I'll admit that I'm too cheap to spend $99 several times for multiple live accounts.

 

[Johnbrego]

the settings from the stop loss Default ?????

Hello Mr administrator,

I just bought Forex hippo test for 1 week
but as my English is not great (I'm French) I missed it if
better to leave the settings from the stop loss Default (That is to say for me it is 100) or to zero for the stop loss

For I see in the test report HERE that the stop loss is: 0.00000.
And I do not understand??? how is this possible?

Thank you for the clarification!!

 

[fxFatCat]

Support?

Looking good, but if there are no replies to questions like the one above, is there anywhere else to get support after making the purchase?

 

[Ken Long]

I wrote to them without buying and they answered right away.. Typical. Also the only 49 copies left scam has been running for a while now, they ought to update it just to stay realistic.

Very good demo tests this past month, both here and on DonnaForex. I asked support about the stops and risk/reward ratio and money and trade managment, and they said the default stop is 100 pips and the target is 30 pips, but if you leave it at 0 the EA handles it on its own, money managment is by percentage of free margin, and they were working on better trade managment algorithms.

I find it interesting that the profits shown in the tests vary so much from small incremental gains of around 1 pip to many larger gains nearer their profit target, (possible small trailing stop, but I suspect there may be more to it than that) and that they havent had any losses yet. A couple of 100 pip losses would make a big difference in these tests.

Support did say that they have a 90% win rate, and all losses were handled by the stop. This is the part of the trade management that they said they were working on. And they just put a new version out. I may have to buy this one and start some testing of my own.....

 

[broc99]

backtests

Anybody tried to test the EA with different stops?

 

[michaelwen]

hi, Ken . I just bought this EA too. and put in test now. I think we need couple more owner of this EA to join test it together. everyone have test one pair , and we compare see which setting is best. anyone?

 

[Ken Long]

Hi Michael,
I just started my review and will probably be testing it on about 6 pair. I dont really care for the EURGBP, and the EURCHF seems good now, but overall its a weak pair as well. The GBPCHF is good on some brokers, but on FXDD its too expensive to bother with unless trading long term. I would like to add the AUDUSD and USDCAD sometime, but for now I will stick with the recomended pairs.

There are a lot of settings we can change here, but again, for now I will stick with the recomended settings on FXDD and FXCM demo accounts. I will be running Megadroid 1.30 along side it as I'm testing that one also. We'll see soon, I have hope for this one. Support said that they have a 90% win rate. This could be interesting.

I also liked the way they charged the most Clickbank will allow with no annoying upsells for advanced versions or the manual strategy. I am also going to recomend this one to Doug Casey at the FapTurboExpertsGuide as something he might consider for optimization. It seems to be an optimizers dream.

 

[michaelwen]

hi, Ken. last night I run some test on the EUR/USD. the biggest problem for this EA is only need three stop loss ( set at 100) can wipe out prior gain. and if you set stop loss to small ( 60) it is will have more loss, at end your account getting pretty much same number. I think this is part we need work on it. BTW, I only set PT to (8)... still do some more test today...

 

[michaelwen]

no single trade open since yesterday on my TH. anyone?