4XCashCompounder

[Csh-flow]

Hello!

Does anyone have this new ea?

http://www.4xcashcompounder.com

Thanks!

[⭐ fxknight]

See the wizard hats on the backtest graph? = Martingdale.

[whitenoise]

One of the "developers" (Jason Sweezey I think) also admits in one of his emails that it uses Martingale stratgey. No thanks... ;)

[hitescape]

On 5/18/10, <xxx> wrote:

> Is lot sizing based on Martingale, progressive, cost averaging or any other system that increases lot sizes as price moves against the established position?

 

From: Louis Siebert [[email protected]]:

"Yes it does use a system as you describe but it has some really cool features to help you cash out. Those features are on the upgrade."

 

Cool features to help you cash out == Margin call??? :|

[litxus82]

It is martingale, but I wonder what is the max grid in pips it can handle. Trading eur/usd pips range should be very big as lately those moves would just kill the account.

[scorpion]

Here it is,

 

Although I consider it a waste of time and money

I think it is necessary to educate,

 

http://www.multiupload.com/SQMGWGG1M3

[fxshare]

Backtest the EA in aggressive method (which is the default) from Oct 1 to Oct 10 last year and you can see how immediately it can blow up an account.

 

They also specify in the manual that "To use this Robot in a conservative way, you simply start the EA at 11:00PM or 12:00PM EST each night."

 

So there is no way to backtest the 'conservative' method. They could have easily incorporated this trade time filter feature into EA had they spend an additional 30 minutes while coding the EA.

[ramliam]

looks risky

[TradR]

Martingale ticking bomb. Eventually, you will not be able to diffuse it in time....

[san2x]

is this educated yet?

[robotfx2]

anyone have the advanced version for shared ????