ecafyelims
Corporal
- Messages
- 59
I'm just wondering what your experience has been with this EA?
-
Please try to select the correct prefix when making a new thread in this folder.
Discuss is for general discussions of a financial company or issues related to companies.
Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"
Compare is for things like "Which of these 2 (or more) companies is best?"
Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"
Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.More info coming soon.
XtremePipPoacher
- Thread starter ecafyelims
- Start date
- early days.
- is running on separate MT install for DEMO account.
- charts: eur/usd,usd/jpy,gbp/usd,usd/chf
- cons:
I was under delusion that EA would work on ALL of above.
No.. base product at advertised price works on eur/usd only.
next step up you pay more (all 4 pairs)
third step up you pay more (all 4 pairs + optimizations applied from their servers on a dynamic basis)
Above is I believe the 3 different levels (from memory on 2nd,3rd)
I have basic XPP.
I put on all pairs cuz is demo and what the heck! Let's see what happens.
Been running 24hrs so far and first made 115 pips on USD/CHF
Unfortunately... Terminal crashed - their 1st release had .dll issue...
Updated, re-run 4 charts.
I goofed and did not use same magic #'s which meant EA could not start managing USD/CHF trade which was still open and still making profit.
duuuh moment on my part. Still only demo/testing. I manually watch and finally decide to close for the 115pips.
Issue [for me] the S/L is BIG. This is a trend which most bought EA's are following and I am not too sure here!
Why? I have NO idea if the EA will honour the %risk datum I entered!
eg, say 1% on 1,000 = 10 prepared to risk. Now... 3,4 or 5 hundred S/L is NO-WAY needed on risk of 10
IF a robot shadows this 'virtual' S/L as determined by %risk and closes the trade when hit THEN ok is good and the BIG S/L keeps broker out of harms way etc... so this is no problem for me.
But until I can get some test results OR tech info from support, I am none the wiser AND I would never run on live a/c until this was established - preferably by tech support (ie, from horse's mouth
I bang on about this because I once had EA (supposedly A-OK via my demo tests) on live A/C and I had 1% risk datum setup. My account was only 500gbp. The EA decided to sit back and let price go -ve until over 100gbp was wiped off balance while I was asleep.
I never ran it again...
At this point I cannot say more, yet...
Similar threads
