Are you ready to change your life?, I represent you MODEST EA! | Page 16 | Forex Factory

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

  • #301
  • May 15, 2018 7:40am May 15, 2018 7:40am
Running non stop since 07/05
4 pairs
0,01 lots
1000€ ICMarket demo account
Attached Image (click to enlarge)
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  • #302
  • May 15, 2018 7:43am May 15, 2018 7:43am
Quoting Ym8016
LR going profit $17 thus far this morning. Awesome! {image}
Dear Ym8016

Great results,thanks again sharing it with us.Very quickly ,are you running a demo account or live account?

Many thanks
  • #303
  • May 15, 2018 7:44am May 15, 2018 7:44am
Quoting Hezz
Running non stop since 07/05 4 pairs 0,01 lots 1000€ ICMarket demo account {image}
Dear Hezz

Thanks for sharing your results with us.Is this HR or LR ea?
Many thanks
  • #304
  • Edited 8:42am May 15, 2018 7:56am | Edited 8:42am
Interesting watching how the EA handles after the news, currently all my pairs are trading.
  • #305
  • May 15, 2018 7:57am May 15, 2018 7:57am
Do I need to place the Indicator on every Pair??
Because I do not see that in your text...
  • #306
  • May 15, 2018 8:06am May 15, 2018 8:06am
ICmarkets TrueECN 5000€ demo account started this morning. All default settings running 6 LR pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: ea.png Size: 108 KB

All was looking great, but now after the USD news EA went on a killing spree. Will see how it works out.
Attached Image (click to enlarge)
Click to Enlarge Name: ea2.png Size: 82 KB
Anything above the line is an uptrend, below the line is a downtrend.
  • #307
  • May 15, 2018 8:07am May 15, 2018 8:07am
Quoting magicpips
{quote} Dear Ym8016 Great results,thanks again sharing it with us.Very quickly ,are you running a demo account or live account? Many thanks
Live account
  • #308
  • May 15, 2018 8:08am May 15, 2018 8:08am
Quoting magicpips
{quote} Dear Hezz Thanks for sharing your results with us.Is this HR or LR ea? Many thanks
HR default settings
  • #309
  • May 15, 2018 8:12am May 15, 2018 8:12am
Quoting Degolep
ICmarkets TrueECN 5000€ demo account started this morning. All default settings running 6 pairs. {image} All was looking great, but now after the USD news EA went on a killing spree. Will see how it works out. {image}
Dear Degolep

Our MODEST EA opens positions with a purpose.Those positions will be closed accordingly.Could you let us know what is your equity profit as well as take profit by symbol or are you using default settings?

Many thanks
  • #310
  • May 15, 2018 8:14am May 15, 2018 8:14am
My EA is really busy today (LR) About 60 trades thusfar
  • #311
  • May 15, 2018 8:26am May 15, 2018 8:26am
Quoting magicpips
{quote} Dear Degolep Our MODEST EA opens positions with a purpose.Those positions will be closed accordingly.Could you let us know what is your equity profit as well as take profit by symbol or are you using default settings? Many thanks
All settings are on default.
Anything above the line is an uptrend, below the line is a downtrend.
  • #312
  • May 15, 2018 8:44am May 15, 2018 8:44am
Thx. For the 14675th version of an "intelligent" and "superior" grid trader. Greed eats brain every time.

Nice marketing strategy for your grid trader. The risk of failure during "demo" period is very small and during the nature of those grids the followers see only gains. Since you have only 2 outcomes (small gain vs. burned account) you have only to dodge the worst case.

I hope for all the possible victims that they can double the account (and hopfully withdraw all money at risk) before the accounts will be burnded or their greed become to strong and they increasing the lotsize (=risk) to much.

For all possible users (victims). Please answer yourself these questions:

 

  1. Look at the gridsize, lotsize multiplicator and calculate for yourself when the system will crash. How often occured such an event in the past? Will be the possible retrace (hopefully for you) be strong enough to get you in the position to close the bunch of trades? Check it with ADR of the envolved instruments.
  2. Why is this EA multi-pair? Is the reason to hedge something or reduce risk? This prevent yout to use the strategy tester in MT4 (maybe you get an MT5 version before you buy and happy to test it on MT5).
  3. What will happen if you get regulated by the new ESMA rules and the higher margin requirements will be avtive. Is your account big enough for this. If not you must reduce the lotsize accordingly (can you do this when you already start with the minimum lotsize).
  4. Would you sell an EA that generates you such big gains? No. You only want to spread this when you know it's only a matter of time when the account gets's blown. Wouldn't you not put all your money and all the money you can lend on it and get insanely rich?

Sorry that i must destroy some dreams. But i think this is better than a destroyed account.
For the rest i hope you're able to double and cash out.

  • #313
  • May 15, 2018 8:55am May 15, 2018 8:55am
Quoting JensItzig
Thx. For the 14675th version of an "intelligent" and "superior" grid trader. Greed eats brain every time. Nice marketing strategy for your grid trader. The risk of failure during "demo" period is very small and during the nature of those grids the followers see only gains. Since you have only 2 outcomes (small gain vs. burned account) you have only to dodge the worst case. I hope for all the possible victims that they can double the account (and hopfully withdraw all money at risk) before the accounts will be burnded or their greed become to strong...

Bro You need to have Bolls to trade. if you don't have bolls you should stay away from the market. There are many ways to control the risk . But MP let us test this without limiting to see the work .

Here there is no such a child come to learn something. we come here to test our own decisions. If this not fitted you . you should try your own method. I'm pretty happy with this EA. and I'm running two lives and 2 demos. on both version. i take the risk because tha'ts my decisions and i made over 300$ last week to today.

This is not a learning forum bro.

And your last quection MP here only rent the EA. i ask many time to buy this. and he says only rent the EA
  • #314
  • May 15, 2018 9:05am May 15, 2018 9:05am
Hr acc with 2000 demo deposit was just under 20% dd
still not too much for me
now nearly all positions are closed with profits

Testing since start of this week
now sitting at 2045 (around 2% gain)
  • #315
  • May 15, 2018 9:06am May 15, 2018 9:06am
Quoting Bpifx
{quote} Bro You need to have Bolls to trade. if you don't have bolls you should stay away from the market. There are many ways to control the risk .
So how do you control the risk on systems without an exit? If i have a SL, then i can calculate the risk and act accordingly. Here you only hope that your account is big enough (like your bolls) to survive the drawdown.

Quoting Bpifx
{quote} i made over 300$ last week to today.
Good for you. But i used several grid traders in the past and had 5 digit gains and also 5 digit burned accounts. So belive me i know this kind of systems from my beginnings as trader.
As i wrote i wish you to double your account so you can continue risk free. But the end is always the same.
  • #316
  • May 15, 2018 9:10am May 15, 2018 9:10am
Quoting JensItzig
Thx. For the 14675th version of an "intelligent" and "superior" grid trader. Greed eats brain every time. Nice marketing strategy for your grid trader. The risk of failure during "demo" period is very small and during the nature of those grids the followers see only gains. Since you have only 2 outcomes (small gain vs. burned account) you have only to dodge the worst case. I hope for all the possible victims that they can double the account (and hopfully withdraw all money at risk) before the accounts will be burnded or their greed become to strong...
Dear Jens

We are sorry , just came back from lunch break.We just read your kind comments and thank you very much ,sir.
As we keep telling our members her on this forum, there is a grid system and there is our EA that uses grid but when it is necessary.What we could suggest you,please download our EA and demo it ,sir and than you make your judgement .We hope that is okay also we are available via email [email protected].

Any question,please do not hesitate to ask.

We would like to see you as one of our premium customer.

Many thanks
  • #317
  • May 15, 2018 9:18am May 15, 2018 9:18am
Quoting Zkk
Hr acc with 2000 demo deposit was just under 20% dd still not too much for me now nearly all positions are closed with profits Testing since start of this week now sitting at 2045 (around 2% gain)
Dear Zkk

It is not possible to get 20%dd,if it is not too much trouble could you post your statement and also please what pairs you are trading.

Many thanks
  • #318
  • May 15, 2018 9:24am May 15, 2018 9:24am
Quoting magicpips
{quote} We would like to see you as one of our premium customer. Many thanks
No thank you very much. I will never ever use any grid traders (i have done it in the past and learned my lessons with lot of pain). I never would use a repainting indicator for trading (but yours is repainting and strategy tester alon on this indicator is showing this).

Overall i will not doom you for selling stuff at the end of the day, i do that also (but only tools not systems). I only want that possible customers are fully aware how much risk these systems have even when they look soooo sweet during the phase until the black swan event will occure.

So again best wishes for the users here.
  • #319
  • May 15, 2018 9:31am May 15, 2018 9:31am
Quoting Zkk
Hr acc with 2000 demo deposit was just under 20% dd still not too much for me now nearly all positions are closed with profits Testing since start of this week now sitting at 2045 (around 2% gain)

Bro something very wrong with your settings in my account 1100$ account max DD i reach was only 4% . And i'm running 6 pairs. How you get those kind of DD. Something really might wrong there
  • #320
  • Edited 9:47am May 15, 2018 9:32am | Edited 9:47am
Mp,

this is my result today
31$ (HR)
28(LR)

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