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

  • #621
  • May 28, 2018 11:50am May 28, 2018 11:50am
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  • #622
  • May 28, 2018 11:53am May 28, 2018 11:53am
Quoting Ym8016
{image}
Dear Ym

Thanks for sharing your results.

Many thanks
  • #623
  • May 28, 2018 12:06pm May 28, 2018 12:06pm
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Anything above the line is an uptrend, below the line is a downtrend.
  • #624
  • May 28, 2018 12:26pm May 28, 2018 12:26pm
Dear Degolep

Thanks again sharing your results.

Many thanks
  • #625
  • May 28, 2018 2:18pm May 28, 2018 2:18pm
Hi Magicpips, I don't know if you already saw this question, but just to make sure you see it:

As you already know, all EU brokers will have to limit their leverage to 30:1 by July, so basically in 6 weeks.

Can your MODEST EA trade under 30:1 conditions?
  • #626
  • May 28, 2018 4:21pm May 28, 2018 4:21pm
Quoting meyoik
{quote} Hi Magicpips, I don't know if you already saw this question, but just to make sure you see it: As you already know, all EU brokers will have to limit their leverage to 30:1 by July, so basically in 6 weeks. Can your MODEST EA trade under 30:1 conditions?
Dear Meyoik

Unfortunately, it won't work or accordingly you need to increase the capital size.But saying that not only our EA probably 99% of EAs won' t be able to work.

Many thanks
  • #627
  • May 28, 2018 7:02pm May 28, 2018 7:02pm
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  • #628
  • May 29, 2018 1:46am May 29, 2018 1:46am
Quoting magicpips
{quote} Dear Meyoik Unfortunately, it won't work or accordingly you need to increase the capital size.But saying that not only our EA probably 99% of EAs won' t be able to work. Many thanks
OK, what are the ideal leverage requirements for this EA?
  • #629
  • May 29, 2018 1:57am May 29, 2018 1:57am
Quoting meyoik
{quote} OK, what are the ideal leverage requirements for this EA?
Dear Meyoik

The Modest ea requires 500:1 leverage with £500 or 1000$ minimum equity.If the leverage is 100:1 or 200:1 than again equity must be put up accordingly.

Many thanks
  • #630
  • May 29, 2018 3:27am May 29, 2018 3:27am
Crazy things going on again.
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Anything above the line is an uptrend, below the line is a downtrend.
  • #631
  • May 29, 2018 3:33am May 29, 2018 3:33am
not the best day ... 2300$ demo acc.
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Take what you can, give nothing back
  • #632
  • May 29, 2018 3:43am May 29, 2018 3:43am
This is my last day testing, I would never risk my money on such an ea. Things are out of hand, martingaling the shit out of my account. Will let it run though, I guess it will recover but like I said would never risk my real money on such a thing.
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It keeps buying GBPUSD. GBP is week and USD strong. It really doesn't have a clue whats it doing.
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Sure it's going to reverse at some time but at that time your account could go bust.
Anything above the line is an uptrend, below the line is a downtrend.
  • #633
  • May 29, 2018 3:44am May 29, 2018 3:44am
Quoting Husky77
not the best day ... 2300$ demo acc. {image}
Husky ,I don't have that many big order sizes
  • #634
  • May 29, 2018 3:47am May 29, 2018 3:47am
I thought there was a drawdown threshold implemented? Thought it was 20% or so before closing all trades.. read that somewhere. why didnt this got triggered?
  • #635
  • May 29, 2018 3:47am May 29, 2018 3:47am
Quoting Bpifx
{quote} Husky ,I don't have that many big order sizes
cos you have diff broker diff acc size maybe.
anyway martingale is out of line,and the truth is that moves like this we just had we can never predict or avoid.
Take what you can, give nothing back
  • #636
  • May 29, 2018 3:47am May 29, 2018 3:47am
Quoting Degolep
This is my last day testing, I would never risk my money on such an ea. Things are out of hand, martingaling the shit out of my account. Will let it run though, I guess it will recover but like I said would never risk my real money on such a thing. {image}
Dear Degolep

May we say that you are running big lots sir,secondly MODEST EA does not enter any trade without a purpose ,if there is chance of a turning point the EA will enter positions and will use SNOW BALL principle and built up the trades.We are sorry to hear how you feel about our EA but this is how it works.

Many thanks
  • #637
  • May 29, 2018 3:48am May 29, 2018 3:48am
Quoting Husky77
{quote} cos you have diff broker diff acc size maybe. anyway martingale is out of line,and the truth is that moves like this we just had we can never predict or avoid.
Dear Husky

May we ask if you used our default setting with 500:1 leverage ,sir?

Many thanks
  • #638
  • May 29, 2018 3:51am May 29, 2018 3:51am
Quoting Robertk
I thought there was a drawdown threshold implemented? Thought it was 20% or so before closing all trades.. read that somewhere. why didnt this got triggered?
Dear Robert

If a member set the equity close to false ,the EA will not close the positions.

Many thanks
  • #639
  • May 29, 2018 3:54am May 29, 2018 3:54am
Quoting magicpips
{quote} Dear Degolep May we say that you are running big lots sir,secondly MODEST EA does not enter any trade without a purpose ,if there is chance of a turning point the EA will enter positions and will use SNOW BALL principle and built up the trades.We are sorry to hear how you feel about our EA but this is how it works. Many thanks
0.04 and 0.08 lot size for 5000€ account is not big.
Anything above the line is an uptrend, below the line is a downtrend.
  • #640
  • May 29, 2018 3:58am May 29, 2018 3:58am
Quoting Degolep
{quote} 0.04 and 0.08 lot size for 5000€ account is not big.
Dear Degolep

Also members should remember we have 2 EAs ,HIGH RISK and LOW RISK ,so members have 2 options, as we have said, we are sorry how you feel and thank you very much for your participation in this forum.

Many thanks
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