Are you ready to change your life?, I represent you MODEST EA! | Forex Factory

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Are you ready to change your life?, I represent you MODEST EA!

  • #1
  • First Post: Edited Jul 17, 2018 2:03pm May 6, 2018 5:44am | Edited Jul 17, 2018 2:03pm
Hi all you traders out there .We were looking forward for this day to come to introduce our safe ,reliable and very modest ea which we ended up calling MODEST EA.

Let me start by giving you a brief account of mine and the team's background. I would then like to introduce you to our powerful ea tool.

I live in London and have over 20 years trading experience.I have worked with various well known global financial investment banks and have gained experience that has helped me with my success.After working 9-5 for so many years ,I decided to ditch my trading job and start my own trading from home ,where I could also more involved with looking after my young son.
Always my dream and ambition was to develop an EA and that is good and reliable.Going back 4 years ago by chance I came across one of the best coder in the world and that is how we started to work on our ea.We have failed so many times and so many times we said we should give up but somehow we carried on until we found our MODEST EA.When we start working on this ea we said there are so many ea out there but all those ea concentrations are to make quick money and that bring a big failure,some ea blow your account within 1 week or within one month,so no consistency,huge draw down.We concluded that we wanted to create and EA that trades very cautiously and makes us a decent and consistent profit.We wanted the EA withstand any unexpected circumstances.

It has taken us approx 3.5 years to get to this point and we can confidently say that our EA has reached its highest profitable point and we have added everything to it and have left nothing out.
To get to the point I represent to all Forex factory members ,THE MODEST EA. It has 2 versions , one is called low risk(LR) and the other is high risk (HR).The reason for the names are LR has 4-7 percent and HR has 7-9 percent DD.The MODEST EA contains highly complicated indicators(these are not well known indicators ,all our inventions) and also combining these with several algorithm formulas.Some days EA will not be taking any trades but some days EA will be very busy taking trades.You will need to be patient with this EA,this EA will not make you rich in 1 day ,but it will bring decent profit without hassle or unnecessary stress.
Over the course of our constant testing we established that MODEST EA needs minimum 500 pound equity , this will bring you 50-90 pounds profit on a weekly basis.EA only works with major pairs with less than 3 pips spread. DO NOT TRY exotic pairs.

All the instructions to demo the MODEST EA is attached below.Please read them carefully, we have made them pretty simple, do not try to change any of the sizing(unless you have capital more than 1000 pounds ,please get in touch with us and we will give you our recommendation for the lot size).The trail date for the attached EA ends 19th of May.If you're satisfied with the profits after you've tested the ea , we will start renting the ea on a monthly basis for a cost of between 20 pounds to 30 pounds.

On the behalf of the MODEST EA team we welcome all comments or any questions that you may wish to ask on this forum or you may email us at [email protected]. We aim to answer you as quickly as possible.All that left is now to wish you good luck and happy trading with generous profits.

Best regards

MODEST EA team






DEAR MEMBERS

IN ORDER TO DOWNLOAD OUR MODEST EA PLEASE GO TO OUR WEBSITE https://www.modestea.co.uk/ IF YOU HAVE MODEST INDICATOR ON YOUR PLATFORM ALREADY, YOU DO NOT NEED TO DOWNLOAD IT AGAIN.THE EXPIRY DATE FOR MODEST EA IS 04/08/18.



Many thanks

MODEST EA team


DEAR MEMBERS

AS OF TODAY WE HAVE HIT 500TH CLIENTS WHO RENTED OUR MODEST EA LR AND HR VERSION SO AS OF STARTING TODAY WE HAVE STOPPED RENTING OUR LR AND HR VERSION EAs ,THESE 2 EAs ARE ONLY AVAILABLE FOR OUR EXISTING CLIENTS ,IF THEY WISH TO RENEW THEIR SUBSCRIPTION.

FOR OUR FUTURE CLIENTS WE HAVE INTRODUCED OUR NEW MODEST EA ,IF YOU WISH TO DEMO IT ,PLEASE VISIT OUR WEBSITE AND DOWNLOAD OUR NEW EA.
ALSO BY THIS FRIDAY WE WILL BE INTRODUCING OUR SECOND NEW EA AS WELL .

MANY THANKS

MODEST EA team
  • #2
  • May 6, 2018 7:19am May 6, 2018 7:19am
why dont you open live account with 500 and show us live how it works?
Market Player
  • #3
  • May 6, 2018 7:40am May 6, 2018 7:40am
Subscribe, Downloaded and Set up to the chart. Waiting for the market to open. Lets see how it work.
  • #4
  • May 6, 2018 7:48am May 6, 2018 7:48am
Quoting ETOMarkets
why dont you open live account with 500 and show us live how it works?
Hi sir, we want people to experience the ea by themselves,we have 100% confidence in our ea,please try them and let us know your experience.Many thanks
  • #5
  • May 6, 2018 8:02am May 6, 2018 8:02am
I have set up one minute and 5 minute charts according to the User-guide. EUR USD - USD JPY - NZD USD - GBP USD and USD -CAD and i have set up the Modest LR M1 and Modest LR M5

IS it correct?

Modest Indi.ex4 where do i put that

Thank you
  • #6
  • May 6, 2018 8:30am May 6, 2018 8:30am
Hello magicpips,
Thanks for introduce your EA. I also Downloaded and Set up to the chart .Waiting for see how it work.
Which pair and which time frame you recommend to trade?
  • #7
  • May 6, 2018 8:35am May 6, 2018 8:35am
Quoting AutoRider
Hello magicpips, Thanks for introduce your EA. I also Downloaded and Set up to the chart .Waiting for see how it work. Which pair and which time frame you recommend to trade?
Hi sir,
we have listed the pairs ,please have a look at the introduction.The ea runs on 1 minute and 5 minute charts,both charts must be opened at the same time as ea talks between charts .
Any other question please let us know.
many thanks
  • #8
  • May 6, 2018 8:39am May 6, 2018 8:39am
Quoting magicpips
{quote} Hi sir, we have listed the pairs ,please have a look at the introduction.The ea runs on 1 minute and 5 minute charts,both charts must be opened at the same time as ea talks between charts . Any other question please let us know. many thanks

As far as i understand this EA is multi-pair. Muliti time frame trading EA right. so can we back test this or not ? because its not possible to back test multiple pairs same time
  • #9
  • May 6, 2018 8:48am May 6, 2018 8:48am
Quoting AutoRider
{quote} As far as i understand this EA is multi-pair. Muliti time frame trading EA right. so can we back test this or not ? because its not possible to back test multiple pairs same time
Your are absolutely correct,you cannot run a back test with this Ea .
Thanks
  • #10
  • May 6, 2018 10:07am May 6, 2018 10:07am
Sir is this correct

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  • #11
  • May 6, 2018 11:48am May 6, 2018 11:48am
Read all attached, so the LR can be traded independently or HR or both, the LR does not talk to the HR, only charts with the specific EA speak to each other, if true, set up LR to test live, open market, will post details good or bad, D
EDIT
Assume default, downloaded settings can be used, (changed for personal preference if needed) assume default settings are optimised for the EA's, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #12
  • Edited 12:11pm May 6, 2018 12:00pm | Edited 12:11pm
Quoting detector
Read all attached, so the LR can be traded independently or HR or both, the LR does not talk to the HR, only charts with the specific EA speak to each other, if true, set up LR to test live, open market, will post details good or bad, D EDIT Assume default, downloaded settings can be used, (changed for personal preference if needed) assume default settings are optimised for the EA's, D
Lr and hr can be traded independently ,but like I said Lr has to have 2 charts 1minute and 5 minutes as hr too.
Let us know your results ,we will really appreciate.
Many thanks
  • #13
  • May 6, 2018 12:05pm May 6, 2018 12:05pm
IS there a specific time to run the EAs or. it can run all day?
  • #14
  • May 6, 2018 12:18pm May 6, 2018 12:18pm
All good, just need to turn happy faces on when the time comes, D
Can this be traded on indexes, FTSE, DAX, DOW etc...
Attached Image (click to enlarge)
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I don't need to be good at the game, only good enough to beat my opponent,
  • #15
  • May 6, 2018 1:15pm May 6, 2018 1:15pm
Quoting detector
All good, just need to turn happy faces on when the time comes, D Can this be traded on indexes, FTSE, DAX, DOW etc... {image}
Hi sir, all charts set up looking good.we would recommend to stick with major forex pairs that we suggested.For an experiment if u would like to try them out ,please do but again spreads are quite important for our ea.
please share your results .
many Thanks
  • #16
  • May 6, 2018 1:26pm May 6, 2018 1:26pm
Quoting magicpips
{quote} Hi sir, all charts set up looking good.we would recommend to stick with major forex pairs that we suggested.For an experiment if u would like to try them out ,please do but again spreads are quite important for our ea. please share your results . many Thanks
Thanks for the reply, I do see you have direct selected pairs (have read the PDF) but it was just a thought as to if you had done any tests, the one thing with indexes is the lot size and how your balance goes further, given the multiplier feature but I expect this is a recovery function, I find the spreads to be favourable on the indexes, anyhow, thank you, D
EDIT
What happens when the spread widens after mainstream hours, will this be a problem, is there a function inbuilt to trade within high volatile times, just a thought, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #17
  • May 6, 2018 1:28pm May 6, 2018 1:28pm
Quoting detector
{quote} Thanks for the reply, I do see you have direct selected pairs (have read the PDF) but it was just a thought as to if you had done any tests, the one thing with indexes is the lot size and how your balance goes further, given the multiplier feature but I expect this is a recovery function, I find the spreads to be favourable on the indexes, anyhow, thank you, D
No problem.
  • #18
  • May 6, 2018 2:02pm May 6, 2018 2:02pm
Quoting detector
{quote} Thanks for the reply, I do see you have direct selected pairs (have read the PDF) but it was just a thought as to if you had done any tests, the one thing with indexes is the lot size and how your balance goes further, given the multiplier feature but I expect this is a recovery function, I find the spreads to be favourable on the indexes, anyhow, thank you, D EDIT What happens when the spread widens after mainstream hours, will this be a problem, is there a function inbuilt to trade within high volatile times, just a thought, D
Hi detector,sorry I missed your question regarding volatile times ,as long as you stick with the
pairs recommended ea loves volatility and will perform accordingly.During high impact news you do not need to turn off the ea.
thanks
  • #19
  • May 6, 2018 2:14pm May 6, 2018 2:14pm
Just want your feedback if i want to test it on 10k USD with the HR settings ?
  • #20
  • May 6, 2018 2:30pm May 6, 2018 2:30pm
Quoting abusaad412
Just want your feedback if i want to test it on 10k USD with the HR settings ?
Hi sir

you may test it with 10k usd but we recommend people with more realistic demo money so you can get the real feeling of the ea.But if you want test it with 10k,please feel free.
many thanks
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