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

Quoting paws

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I only discovered this thread a couple of days ago; the results I'm seeing are in line with what others have shown. Below is a USDCAD chart using the LR; the % drawdown is not very meaningful - this is using a $50,000 demo account with HR Modest EA default settings with 6 pairs. (Part of the caption got cut off, it should have read... the EA is pretty good at picking tops & bottoms) The 2nd chart screen shot of USDJPY is from the LR demo. {image} {image} {image}

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Quoting magicpips

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{quote} Dear Paws We really appreciate for your great input, this is what we wanted from our members to see how our EA trades. Many thanks

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Quoting mql2me

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{quote} Hm... What are you talking about?! o_O You published the indicator in the first post. Why to crack it? It's just necessary to set colors to see it on the charts.

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Quoting paws

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I only discovered this thread a couple of days ago; the results I'm seeing are in line with what others have shown. Below is a USDCAD chart using the HR; the % drawdown is not very meaningful - this is using a $50,000 demo account with HR Modest EA default settings with 6 pairs. (Part of the caption got cut off, it should have read... the EA is pretty good at picking tops & bottoms) The 2nd chart screen shot of USDJPY is from the LR demo. {image} {image} {image}

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Quoting JensItzig

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{quote} I wrote this quite at the beginning of the thread. The indicator is repainting. And if it will be used it’s useless. And when it’s not used why to irritate the users. You can find it very easy here. All that stuff all the history of reactions convince me that the threadowner only want to sell a “shitty” martingale strategy. Nobody sees the obvious. The recommendation of 1000$ for this strategy don’t even fit the possible margin you need, when the EA opens that much positions with lot sizes from 0.01 till 0.86 (and 0.86 will not be the end...

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Quoting JensItzig

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{quote} Do the math how many days you will need to recover from that and how big the risk will be to suffer the next 20% loss during it. Face it. Even increasing the equity doesn’t help much with such systems.

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Quoting paws

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{quote} "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." (MP) According to MP, here's the math. He says 50-90 pounds weekly return with 500 pounds equity. To be conservative, let's say 50 pounds weekly (10%). 20% represents 2 weeks with no compounding (2 X 10%). If you happen to be in the market and it goes against you with a spike, your loss may not be limited to 20%. Here's what USDCAD just did a few minutes ago. {image}

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Quoting paws

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The spike here was due to red news, and I think MP has said they will warn customers to stand aside for these types of events. {image}

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Quoting magicpips

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{quote} Dear Jens We have said to you when you make comments be respectful but we believe you don't have that kind of manners.Many thanks for your comments again. Many thanks

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Quoting braintheboss

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{quote} Can you show that unrespectful comments? Because i dont see it in Jens comments. But I see an questionable behavior in your accusations...

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