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Posted

Re: [Req] Prophet 1

 

Anyone has Prophet 1, please?

 

h**p://metatraderexpertadvisors.com/prophet1/

 

 

It seems powerful, but the stoploss is around 350 point. This is kind of risky.

a New Year 2011 has come, and the challenge has just started 8-)
Posted

Re: [Req] Prophet 1

 

Anyone has Prophet 1, please?

 

h**p://metatraderexpertadvisors.com/prophet1/

 

 

It seems powerful, but the stoploss is around 350 point. This is kind of risky.

 

large stop losses arent a problem, as long as you dont risk > 5% of the account on it being hit.

 

sometimes though, following this rule means the returns then dont match those proclaimed on the sites as the marketing tends to almost always over leverage (especially backtests) in an effort to pump up the EA's returns.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

  • 3 months later...
Posted

Re: [Req] Prophet 1

 

The results are phenomenal!!

 

ARE you kidding?!! @-) :o

look at that big drawdown 67% X_X horrible

IMHO it would be dangerous with big lots and should use smaller ones

LAL: Laugh At Life

it's too short to be sad..

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