Discuss LeoTraderPro.com

[smeseck]

Leo Trader Pro

I can't tell if this program is any good or not. It has crashed on two different computers, a laptop and a desktop, and on two different MT4 platforms, including the demo platform with the broker that they suggested.

They have a problem with either their code or their server capacity or some other techy thing. I would not buy the EA if and until they fix this problem. I finally got a response from support, which appeared to be a form letter type of response. I did absolutely everything they recommended and re-read their manual. This is probably the 10th EA I have purchased, so I am not an EA rookie. I can only conclude that the issue is on their end.

What is scary is that even if they fix the problem, I will always wonder whether their code or server will have future problems while I have the EA on a live account. There is no money lost at this point. But what happens if they fix the problem and the EA breaks while I am not around the computer and the EA drains my account because someone didn't pay attention to the techy stuff. Anyway, this is the last EA for me. If someone else has had this computer crash their system, I would like to hear about it on this forum. Who knows...maybe I am the only one.

 

[shinny]

Noticed Big Bills spotted the Aug 2nd trade that stayed open for 9 days.

There was another trade on Oct 18th, at 22:40 that stayed open for 9 days and had a 286 pips drawdown as well.

The drawdown that we really should pay attention to that is not in the standard report. It is the open trade drawdown we should pay attention to because these are the ones that trigger the margin calls. Unfortunately you don't see that in the detailed report that you export from MT4.

Leo Trader opens trades with a 25 pip take profit and a 330 pip stop loss. Make sure you set your risk level or lot sizes such that your account can handle several 330 pip Stop losses in a row or it could be game over in a heart beat.

Actually, it was me lol!

What I also noticed, that whilst that trade went hugely against the account, the trades taken on that pair during that drawdown more than covered the open loss, so it isnt as bad as it first appears.

Also, just had a nice winning trade!

 

[EarnBigBills]

Yes it was you shinny ... I didn't mean to take the credit for it

I just had some decent trades here too, but still a lot of disparity in the execution. Here are the results

AAAFX Live Account :
1467908 2010.12.23 10:55 sell 0.08 gbpusd 1.53902 1.57229 1.53782 2010.12.23 12:17 1.53792 0.00 0.00 0.00 8.80

The trade was executed at 1.53902 then closed at 1.53792 for a profit of 11 pips

Alpari UK Demo Account:
167677680 2010.12.23 11:55 sell 0.47 gbpusd 1.53911 1.57229 1.53782 2010.12.23 13:17 1.53785 0.00 0.00 0.00 59.22

The trade was executed at 1.53911 then closed at 1.53785 for a profit of 12.6 pips

...

And this LTP's FinFX Account:

1139531 2010.12.23 12:55 sell 0.20 gbpusdmam 1.53929 1.57229 1.53782 2010.12.23 14:17 1.53783 -0.14 0.00 0.00 2.92


The trade was executed as 1.53929 on their account, then closed at 1.53783 for a 14.6 pip profit.

Even after taking the commission 0.14$ out of the equation, the results are still the best with FinFX. Guess I might just have to open an account with them.

...

The Support finally answered me regarding the MT4 Crashes.
They said :

If you are having issues with one MT4 then you can install a 2nd copy of MT4 from your broker and log into the same account from each copy of MT4 - that would allow you to run the 2nd copy of the EA from the 2nd copy of MT4. There might be problems though with switching of the accounts in one MT4. Please refer to the manual for details.

Guess we can't expect much from them.

 

[mara]

Hi all.
I bought two versions of the LTP.
In the past I had no problems with the installation of any EA.
I ask the cooperation of someone who installed the LTP and it works if he could
What we do not know how to describe how to install both versions on the live account from the vps Instaforex.
I offer information in exchange for the possibility of downloading from me EA - Turbopipsniper or Pips4idiot free
thank you
and laugh with me

 

[wlodek555]

Leo Pro

I tested on forth demo and live acc. platforms.It is working.This some date on live & on demo.

My date in att.

Marry Cristmas for traders from Poland

Wlodek

 

[JAIME TOSCANO]

Its trading now

I´m getting the trades now.
I bought only the EURUSD - GBGUSD version and attached it only to EURUSD chart, though it´strading both pairs.
Apparently it is trading at the same time as the master account, at least on the same minute. I´m getting about 0.8 pips slippage.
I suppose the only ting to worry about is drawdown.
Happy holidays to everyone.

 

[wlodek555]

Leo pro

I do not see attachment in my post
I can send via e-mail and the some advice.

Wlodek

e-mail: wlodek555@tlen.pl

 

[wlodek555]

Leo Pro

Its test:

Statement: 12170 - Wlodek555FinFx Trading Oy

Account: 12170Name: Wlodek555Currency: USD2010 December 23, 15:54
Closed Transactions:
TicketOpen TimeTypeSizeItemPriceS / LT / PClose
TimePriceCommissionTaxesSwapProfit
34011902010.12.22 17:45buy1.00gbpusd1.539831.506831.540832010.12.23
02:081.54083-7.000.000.04100.00
34155992010.12.23 10:02sell1.00eurusd1.313041.346161.310662010.12.23
10:031.31066-7.000.000.00238.00
34159532010.12.23 10:04sell1.00eurusd1.312141.311801.306222010.12.23
10:181.31180-7.000.000.0034.00
34205682010.12.23 12:55sell1.00gbpusd1.539151.572291.537822010.12.23
14:171.53782-7.000.000.00133.00
-28.000.000.04505.00
Closed P/L:477.04
Open Trades:
TicketOpen TimeTypeSizeItemPriceS / LT / P PriceCommissionTaxesSwapProfit
34238622010.12.23 15:03buy1.00eurusd1.309151.276151.31015
1.30647-7.000.000.00-268.00
-7.000.000.00-268.00
Floating P/L:-275.00
Working Orders:
TicketOpen TimeTypeSizeItemPriceS / LT / PMarket Price
No transactions

Summary:
Deposit/Withdrawal:0.00Credit Facility:0.00
Closed Trade P/L:477.04Floating P/L:-275.00Margin:654.58
Balance:4 917.42Equity:4 642.42Free Margin:3 987.85

 

[wlodek555]

Leo Pro

I mark statmet
Closed P/L:477.04

One trade yestarday & actual.

Brgs for Traders

Wlodek

 

[wlodek555]

Leo Pro

Closed Trade P/L:570.04Floating
Statement: 12170 - Wlodek555FinFx Trading Oy

Account: 12170Name: Wlodek555Currency: USD2010 December 23, 18:38
Closed Transactions:
TicketOpen TimeTypeSizeItemPriceS / LT / PClose
TimePriceCommissionTaxesSwapProfit
34011902010.12.22 17:45buy1.00gbpusd1.539831.506831.540832010.12.23
02:081.54083-7.000.000.04100.00
34155992010.12.23 10:02sell1.00eurusd1.313041.346161.310662010.12.23
10:031.31066-7.000.000.00238.00
34159532010.12.23 10:04sell1.00eurusd1.312141.311801.306222010.12.23
10:181.31180-7.000.000.0034.00
34205682010.12.23 12:55sell1.00gbpusd1.539151.572291.537822010.12.23
14:171.53782-7.000.000.00133.00
34238622010.12.23 15:03buy1.00eurusd1.309151.276151.310152010.12.23
18:191.31015-7.000.000.00100.00
-35.000.000.04605.00
Closed P/L:570.04 Open Trades:
TicketOpen TimeTypeSizeItemPriceS / LT / P PriceCommissionTaxesSwapProfit
No transactions
0.000.000.000.00
Floating P/L:0.00
Working Orders:
TicketOpen TimeTypeSizeItemPriceS / LT / PMarket Price
No transactions

Summary:
Deposit/Withdrawal:0.00Credit Facility:0.00
Closed Trade P/L:570.04Floating P/L:0.00Margin:0.00
Balance:5 010.42Equity:5 010.42Free Margin:5 010.42