(reQ) DFI Matrix EA

[Guest Mikes25]

Can some1 share this ?

 

http://www.deltafins-invest.com/en/forex-expert-advisor.html

 

results - http://www.myfxbook.com/members/DeltaFins/dfi-matrix-ea/39439

 

Thanks in advance

[⭐ stingrayzz]

I would not touch it even if it was a free ea. It is a martingale type ea.

 

Cheers

[sirxl]

does anyone have this ?

[PipPip_Hurray]

Well - clearly some sort of Martingale-type EA (pip total is negative, but profits are positive). But the drawdown seems very limited, and it seems to have an equity stoploss, protects your account, and good profits.

 

So is very interesting if one is aware of the risks.

[VladimirM]

This is a very dangerous expert, all transactions on the graph www.myfxbook.com is limited hands.

[PipPip_Hurray]

What are limited hands?

[VladimirM]

What are limited hands?

This means that when the adviser has received a great DD, orders were closed hand, if the order remained in the market would Margin col.

[PipPip_Hurray]

Can you tell from the results if this was done by manually by hand, or if the EA closed the trades?

[VladimirM]

I can not say for sure that the adviser will delete your account if you do not close the big DD hands

[PipPip_Hurray]

I agree, and this happened once with the EA in Oct '09. The trades were closed when equity was down to about 60%. I don't know if this is done automatically by the EA or manually. All Martingales or grid systems will eventually destroy your account if you do not close all trades when things get bad, but you can easily do this with a trade management EA if not done by the system itself.

 

I understand that some don't want to trade with a Martingale, but as far as Martingales go and if you are aware of the risks, this does not look bad.

[superfx]

Someone could shareeeeeee ....