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MarketMakerPRO EA

  • Linked: MarketMakerPRO | Brokerage Account XXXXXXXX31
  • Last Sync: Jun 22, 2025
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  • #81
  • May 11, 2020 7:08am May 11, 2020 7:08am
Quoting t3ddy
hi Paul, greetins as your ea limited up to may 2020, what will happen after that since when this ea run on real acct? thanks
Hi teddy,

as you can see on MyFXbook the EA is running since 1st of April on the real account.
I am not sure yet, what will happen after the expiry. As I put a lot of work into it and give a lot of support in the Telegram group
I might sell the EA for a small fee. But it could also be that I extend the expiry date. We will see.
MarketMakerPRO Return This Week: na
  • #82
  • May 11, 2020 7:12am May 11, 2020 7:12am
Hi fellas,

as I have a lot of the same questions coming in and wrote a FAQ and requirements PDF over the weekend. You can find it here or in the first post. Please read through the entire thread or the entire PDF and you will most likely find an answer to your questions.

Paul

Attached File(s)
File Type: pdf MarketMakerPRO -RequirementsFAQ-.pdf   503 KB | 346 downloads
MarketMakerPRO Return This Week: na
  • #83
  • May 11, 2020 12:21pm May 11, 2020 12:21pm
Today when the EA was with a profit of 71e and had a floating loss of 69e, (it has come to have a loss of around 250e), the EA has closed all operations ... and I have been left with a daily profit of 2e.
It may have something to do with manually intervening and closing lots in AUDUSD, opening up to 0.25 lots, closing the 0.25 with 15e profit and closing a pair of 0.01 that had losses of 15e
  • #84
  • May 11, 2020 12:25pm May 11, 2020 12:25pm
Quoting Clipi
Today when the EA was with a profit of 71e and had a floating loss of 69e, (it has come to have a loss of around 250e), the EA has closed all operations ... and I have been left with a daily profit of 2e. It may have something to do with manually intervening and closing lots in AUDUSD, opening up to 0.25 lots, closing the 0.25 with 15e profit and closing a pair of 0.01 that had losses of 15e
I took a loss of 16% today on the demo i am not sure what caused it i "Think" i did not have my accountmanager with any cutoff,but i cant say for sure.....But i have seen on my backtests that it has taken some bigger losses and cant really say why.....Atleast if i did not have the accountmanager with a cutoff then its strange,but no problem its just a demo it was up to over 0.6 lots on UJ when it happened...And still in profit on the demo
Insanityoing same ting over expecting different results..Einstein
  • #85
  • May 11, 2020 2:18pm May 11, 2020 2:18pm
Hi Paul,
I think there need to some restriction on incremental lot size based on equity,
I'm running 2nd demo account with only 3 pairs (removed AUD) & 200 Euro balance, leverage 1:500
EURJPY has got lot size trigged 0.18 - if it's not closed soon, by tomorrow it will wipe out the account with this rate.
  • #86
  • May 11, 2020 3:27pm May 11, 2020 3:27pm
Quoting mahavir
Hi Paul, I think there need to some restriction on incremental lot size based on equity, I'm running 2nd demo account with only 3 pairs (removed AUD) & 200 Euro balance, leverage 1:500 EURJPY has got lot size trigged 0.18 - if it's not closed soon, by tomorrow it will wipe out the account with this rate.
I was thinking on putting it on my 600 account with a 200 dollar cutoff,but found that was to small i would start with 1k minimum and 40% cutoff with all 5 pairs i have that on my now 1200 account the 16% loss today i cant clearify.....Ore you can skip EJ and AJ and run only EU,GU and UJ that way its safer against heavy drawdown i followed the progress of OP`s TE and my own and almost all the dradown is on AJ and and even more on EJ even today i had my loss on UJ with a 0.62 lots possision i think as the spike of trades....But again OP have started with 200 dollars 3 times and it has worked fine for him so i should not say anyting really...
Insanityoing same ting over expecting different results..Einstein
  • #87
  • May 11, 2020 4:11pm May 11, 2020 4:11pm
Quoting mahavir
Hi Paul, I think there need to some restriction on incremental lot size based on equity, I'm running 2nd demo account with only 3 pairs (removed AUD) & 200 Euro balance, leverage 1:500 EURJPY has got lot size trigged 0.18 - if it's not closed soon, by tomorrow it will wipe out the account with this rate.
Why did you remove AUD? The EURJPY basket closed this afternoon for me and a lot of others. We are stuck in USDJPY now. That is part of the game. I can not tell this enough or some people do not even bother to read the PDF. This is not an EA that will give you a different positive result with making restrictions, margin cut, max. drawdown limitations or whatever. It simply is an investment. It is important to know, when and what time to start the EA and when not. As well as margin calls are something you have to deal with, when you start the EA with 200 deposit. The last 3 times I got a margin notification. But it made the retracement. If my main account comes to another 1K profit, I will withdraw 600 again and put another 200 in a third account starting at a different time.
MarketMakerPRO Return This Week: na
  • #88
  • May 11, 2020 4:15pm May 11, 2020 4:15pm
What I like a lot about this thread, that you can see human psychology. Everyone is panicking in drawdown, but nobody writes a single word when everything runs smoothly. And when everything goes crazy, people want adjustments and totally go into another direction of the proposed method. I´ve been testing this for the last 2 years. This method of trading is my hobby besides my regular job and manual trading. Everything you propose, I most likely tested already. But be my guest and go ahead. Come to your own conclusions.
MarketMakerPRO Return This Week: na
  • #89
  • May 11, 2020 8:40pm May 11, 2020 8:40pm
Hi Paul
What was your worst DD amount (not percentage) in your experience?
Thanks
  • #90
  • May 12, 2020 1:09am May 12, 2020 1:09am
Quoting Paulfmpro
{quote} Why did you remove AUD? The EURJPY basket closed this afternoon for me and a lot of others. We are stuck in USDJPY now. That is part of the game. I can not tell this enough or some people do not even bother to read the PDF. This is not an EA that will give you a different positive result with making restrictions, margin cut, max. drawdown limitations or whatever. It simply is an investment. It is important to know, when and what time to start the EA and when not. As well as margin calls are something you have to deal with, when you start...
because AUD pairs were causing highest drawdown & have higher spreads
  • #91
  • May 12, 2020 3:18am May 12, 2020 3:18am
Quoting johntrung
Hi Paul What was your worst DD amount (not percentage) in your experience? Thanks
The highest drawdown I experienced was around 230 €.
MarketMakerPRO Return This Week: na
  • #92
  • May 12, 2020 3:20am May 12, 2020 3:20am
Quoting mahavir
{quote} because AUD pairs were causing highest drawdown & have higher spreads
Yes, that´s probably true. But you need those bigger baskets to make a decent profit. For me, AUD pairs have a really low spread. And I think you can not say that the AUD pairs always cause the highest drawdown. Yesterday USDJPY went crazy and opened up a lot size of 0.2 on my account. But basket closed and the main account is not trading today, as it reached the 100€ profit goal last night.
MarketMakerPRO Return This Week: na
  • #93
  • May 12, 2020 3:35am May 12, 2020 3:35am
Quoting Paulfmpro
{quote} Yes, that´s probably true. But you need those bigger baskets to make a decent profit. For me, AUD pairs have a really low spread. And I think you can not say that the AUD pairs always cause the highest drawdown. Yesterday USDJPY went crazy and opened up a lot size of 0.2 on my account. But basket closed and the main account is not trading today, as it reached the 100€ profit goal last night.
For me, USDJPY opened 0.3 lot size yesterday but closed in profit. Max Drawdown 35% so far.
Now although 100€ target not reached, EURUSD & USDJPY are not trading, only EURJPY trading.
Current Status : 41% up at 280€
  • #94
  • May 12, 2020 6:32pm May 12, 2020 6:32pm
Quoting Paulfmpro
{quote} Yes, that´s probably true. But you need those bigger baskets to make a decent profit. For me, AUD pairs have a really low spread. And I think you can not say that the AUD pairs always cause the highest drawdown. Yesterday USDJPY went crazy and opened up a lot size of 0.2 on my account. But basket closed and the main account is not trading today, as it reached the 100€ profit goal last night.
Hi Paul! I just found your thread and it looks very interesting!

I'm excited to start testing it...

Could you please tell me the highest drawdown you've seen so far with %, lot size and $ amount (what size account)?

Thanks in advance!
  • #95
  • May 13, 2020 1:33am May 13, 2020 1:33am
Hi Paul,

This ea looks very promising, and I would be interested if you decide to make it available for longer than end of May.
  • #96
  • May 13, 2020 2:35am May 13, 2020 2:35am
Quoting bnbb2004
{quote} Hi Paul! I just found your thread and it looks very interesting! I'm excited to start testing it... Could you please tell me the highest drawdown you've seen so far with %, lot size and $ amount (what size account)? Thanks in advance!
Hi, the highest drawdown is hard to say. Most likely 100%. This is a risky EA. It is all about how you manage your money. On the running accounts the biggest drawdown on a 600€ account was around 200€.
MarketMakerPRO Return This Week: na
  • #97
  • May 13, 2020 2:36am May 13, 2020 2:36am
Quoting oopsie
Hi Paul, This ea looks very promising, and I would be interested if you decide to make it available for longer than end of May.
Yes, I will make a decision next week.
MarketMakerPRO Return This Week: na
  • #98
  • May 13, 2020 4:01am May 13, 2020 4:01am
With the right money management, these results are possible.
Results of a member in the Telegram group.

Attached Image (click to enlarge)
Click to Enlarge Name: 2020-05-13 10.57.36.jpg Size: 294 KB


But I do not intend to lure anyone into trading this EA. My second small account got almost blown apart yesterday.
Everything is possible.
MarketMakerPRO Return This Week: na
  • #99
  • May 13, 2020 11:37am May 13, 2020 11:37am
The EA have almost recovered the 16% loss in two days and the EA is very good and if its going to be possible to get unlimited version for some dollars i will start it live when i get my vacation money the 20th of June then i will have my account at around 1500 dollars...
Insanityoing same ting over expecting different results..Einstein
  • #100
  • May 14, 2020 2:14am May 14, 2020 2:14am
Good morning, leaves trades open on weekends? when all trades close on thursday, does the EA start again on friday with the risk that it will not close the basket on friday itself?
thanks
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