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chemie262

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Posts posted by chemie262

  1. InvestTechFX--AnyGood?

    in Forex Brokers

    Posted

    I use this broker now for a year. I have also accounts with Alpari UK, Forex.com and Prime4x. But this broker is by far the best for all EAs. The strange thing is, that it really takes about 10 seconds until a position is openend or closed. But I get the price exactly for the time the request was started. And the low spread creates many more trades per day than the other brokers with the same settings. The commission of 1 pip is neglegtable compared to the profit I get. This broker is also good for positions you keep for a longer period of time as the swap fees are very low. I also got good service either by the chat or telephone. They even called me back several times. As I have a vip account my money is segregated at a UK bank in case of bankruptcy of the broker.

  4. [REQ] over under ea

    in MetaTrader Expert Advisors Request

    Posted

    Re: [REQ] over under ea

     

    I think, that this is a scam. The results on their homepage can only be reached if you optimize for a month and backtest afterwards with these settings the same month. If you take look at the statements you can see the B1/B2 they used. If these result of real demoing there should be 4 backtests for the weeks of the month with different settings. I was in contact with the vendor and they could not give an explanation for that. I could also not simulate the past 4 months with the method they describe in their pdf. You better be cautious with this ea.

  7. Fusion v1.1a

    in MetaTrader Expert Advisors

    Posted

    Re: Fusion v1.1a

     

    kata, I was just by fortune sitting in front of my computer to finalize the settings for the night, when on a sudden a lot of positions were closed and I saw the spike in EURUSD. some of already opened scalp positions reached the tp others the sl. But I saw also, that new positions were opened in the wrong direction (as the scalpers usually do during the night) I switched off all eas and closed those positions. And then I sent the warning into this forum as I could imagine, that scalpers might create a an expensive night due to the high volatility.

    This step of thee FED was not announced in advance and of course not in any calender. Things like these can happen.

  9. Fusion v1.1a

    in MetaTrader Expert Advisors

    Posted

    Re: Fusion v1.1a

     

    apple1937, I warned yesterday to shot down all scalpers. The FED had surprisingly increased hiked the discount rate by a quarter %. They announced this after the markets closed and this exactly the time when most of the modern scalper trade.

    Against something like this you can only use stop losses. And the leverage of such losses should be in magnitude that you lose max 1-2 % per Trade. If you see than 10 stops you still limit the toatl los to 10-20 % of your equity. This is already painful but you can recover with wins of 12.5-25%. But try that, when you lost 80%. You would need a profit of 500% to get back to the eauity you had before the event.

    And guy something like this or even worse my happen every second (September 11, earthquake in Los Angeles, whatever you may imagine).

  10. Fusion v1.1a

    in MetaTrader Expert Advisors

    Posted

    Re: Fusion v1.1a

     

    onemore, I cannot agree, that this cannot destroy an account. If you take a look ad the live account they used for their advertisement. They startet with 1000 $ and lot size was 0.1. The black swan of hirider would be 10 times 200 pips. That is exactly the crash. They risk 20% per trade. Experienced traders recommend 1-2% per trade. But if they would have traded this account in a more conservative way they would have created a profit of 350 = 35%. This would have been far not so attractive compared to 350% they advertised. But we should be realistic, that even a profit like 35% for 19 days would result in a profit of 672% per year. Guys do not be greedy. If you could get some hundred % per year you can calculate when you will possess the whole world. Starting from 1000 $ - a millionaire in 4 years, - a billionaire in 8 years ...

    I am absolutely not yet so far to say, that all these EAs a crap. But I want to warn newbies to overleverage and lose all their money. And with no capital at all even the dreams to get richer will disappear.

     

    So newbies and other traders who want to survive in the Forex marketplease please use only 0.01 lots with a 1000 $ account and the Hirider.

  14. Fusion v1.1a

    in MetaTrader Expert Advisors

    Posted

    Re: Fusion v1.1a

     

    te-foder, I agree. The HiRider reminds me of EB Turbo, which worked excellent for weeks but got several black swan in a row.

     

    The best scalper I actually trade are the Bling Thunderbolts and Thunderstorms. With demotesting of more than 1000 trades I got maximum losses of 40 pips. And with my live trading I got now more than 220 trades with 90% winners. And the max loss was 6 pips. Sortino Ratio >1!

     

    But important is a good broker like for all scalpers.

  17. Fusion v1.1a

    in MetaTrader Expert Advisors

    Posted

    Re: Fusion v1.1a

     

    simoniex, I made a backtest from Jaunary 2000 until today and did not see this drawdown in February this year. But i saw one on the 5th of November. Usually I see only small losses of some pips. But often this ea opens 10 positions at the same time. And in November all this 10 positions were closed with 200 pips loss. This are 2000 pips ! You should consider it with you money management because it could be the next trade which wipes out your account. If you trade with 0.2 lots this would be 4000 $ loss.

  18. Fusion v1.1a

    in MetaTrader Expert Advisors

    Posted

    Re: Fusion v1.1a

     

    These are my results after 36 h:

    live:

    Hirider +120 pips (10 winners/0 losers)

    Fusion -112 (13/4)

     

    open -19 (1 position)

     

    demo (same broker)

    Cobalt +46 (3/0)

    open -81 (4)

     

    Hirider +127 (11/1)

    open +35 (1)

     

    LMD -203 (1/4)

    open -19 (1)

     

    Nutcracker +2 (1/0)

    open +1756 (9)

     

    Fusion -12 (20/4)

    open +38 (2)

  25. Fusion v1.1a

    in MetaTrader Expert Advisors

    Posted

    Re: Fusion v1.1a

     

    I only get this number.

    I did the following:

    I copied your adress into my browser and changed the last number after code= to my Plimus order reference number.

    with this adress a new window opens with only this number in the upper left corner.

    Did I miss something?

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