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Forexturnado ea....

Discussion in 'Has anyone heard of?' started by FPA, Oct 16, 2008.

  1. FPA

    FPA NOT an FPA Employee

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  2. Pharaoh

    Pharaoh Colonel

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    The statement looks a little odd for several reasons.

    1. Quite a few trades have no stoploss or take profit listed. Is this EA running multiple strategies? No stoploss is a recipe for a margin call.

    2. I see trades listed as "deleted, no money". This is after sudden increases in trade size. Doubling trade size after a loss means this thing is running some sort of Martingale system and isn't following any form of sane risk management. This is another quick way to get a margin call.

    3. The stoplosses make no sense. Some of the early trades have a SL of 1-5 pips. Other trades have a 1000 (or more) pip SL and a 20 pip TP.

    4. Trades held for several days show no rollover interest/penalty.
     
  3. FPA

    FPA NOT an FPA Employee

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    so you think it´s not good???
     
  4. greyowl

    greyowl Recruit

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    Turnado EA

    Dear Friend (FPA),

    I have bought the Turnado EA some weeks ago
    and I am still testing it on 5 or 6 demo accounts
    with 5K and 10K size and 0.5 and 1.0 Lot size...

    Sometimes I play around with Lotsize and make it smaller
    to reduce risk. I then use 0.05 or 0.02 Lot size.

    When You don`t use a setting file, which you have produced
    by yourself (with the smaller lotsize like above), the EA will
    change the lot with almoist every trade according to its
    default Money-Managment settings inside.
    THIS can be really risky after some days or weeks...

    Atm its doing a great work and produces between 10
    and 100 % profit every week!!
    Depends on the brokerplatform, You use for demotrading.

    BEST are: 1. ActiveTrades, 2. MasterForex and 3. InterbankFX (IBFX)

    Here You can open Micro accounts with 50 USD /100 USD
    to handle it in Cents as 5000 / 10000 Accounts, in which the Robot
    works well atm.

    Will check it the next month also but also start with small REAL
    account to start with earning...
    Will report here about my experiences!

    Be blessed
    Randy
     
    #4 greyowl, Oct 20, 2008
    Last edited: Oct 25, 2008

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