FTMO, MFF passing EA Below 10% DD | Page 7 | Forex Factory

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FTMO, MFF passing EA Below 10% DD

  • #121
  • Jul 14, 2023 10:35am Jul 14, 2023 10:35am
Quoting vhervatin
Today was similar to yesterday... the market didn't move much. 100K -0,49% {image} 10K -0,32% {image}
it lookslike this EA doesn’t perform well during sideway market.
  • #122
  • Jul 14, 2023 11:17am Jul 14, 2023 11:17am
Quoting goldieskill
{quote} it lookslike this EA doesn’t perform well during sideway market.
No, it's for when it catches a trend
  • #123
  • Jul 14, 2023 11:41am Jul 14, 2023 11:41am
Only martingale EA can make profit in sideways market but that will make huge risk in account when trend movement start same time NeverGP EA make small loss in sideways market condition but it make big profit when market start trending
  • #124
  • Jul 14, 2023 11:48pm Jul 14, 2023 11:48pm
Quoting Never
This is the today lost in my 3 accounts two 10k and one 5k account, i trade only 5 hours from NY open time 3 accounts started with 1 hour gap Don't hold trades for next day because only NY session can make profit in gold if you are trading with currency setfile trade at London session {image} {image} {image}
always start with a 1 hour gap from the NY session?
  • #125
  • Jul 15, 2023 8:44am Jul 15, 2023 8:44am
Quoting Backwone
{quote} always start with a 1 hour gap from the NY session?
After NY open any time gold will move up or down side so I use more than 3 accounts that start in every 1 hour gap after the NY open so any of the accounts can make enough profit if there is movement in gold while rest of the accounts may close with less profit or DD 2% target in a day
  • #126
  • Jul 15, 2023 9:16pm Jul 15, 2023 9:16pm
If you know breakout point there is option in NeverGP EA to mark that place to open pending orders only from that point

Example we can add 1.5010 for buy pending orders and 1.4990 sell pending orders if it's that breakout point you analysed by indicators EA will always open and close at TP or close in profit from there

We can add number of targeted points like this in any pair's chart this can helps those who can analyse chart technically

others add EA at NY time without analysing market in gold chart
  • #127
  • Jul 17, 2023 3:12am Jul 17, 2023 3:12am
There is many methods can use those who is analysing market technically in chart here is an example i draw a trend line in gold it always hit in this support then go up side ...

We can add that 1951.30 for buy pending orders point in NeverGP EA and bit higher area also if that failed second one may trigger after one hour we 1% or 2% DD target also to protect account

You can use any indicators to take decision of your starting point of Pyramid trading no matter UP or Down and total 6 targets you can select in different areas

For customising this more accurately technique contact me to my mail or telegram chat link is available in this website

www.nevergpea.com
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  • #128
  • Edited 12:17pm Jul 17, 2023 9:37am | Edited 12:17pm
My test 100K
Today -0,94%
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My 10K
today -0,79%
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  • #129
  • Jul 17, 2023 5:22pm Jul 17, 2023 5:22pm
1 win and three consecutive loss, l don,t think this EA worth it
  • #130
  • Edited 11:30pm Jul 17, 2023 8:15pm | Edited 11:30pm
Quoting hifamily
1 win and three consecutive loss, l don,t think this EA worth it
None of any EA cannot make profit 5 consecutive days in a week because market should move more than spread we given to the broker

This EA is not 4 days project it may take more than two weeks or one month to make 10% profit with safest way if market is ranging sideways , if there is enough price action it can make 10% profit within a day
  • #131
  • Jul 18, 2023 7:17am Jul 18, 2023 7:17am
My test 100K
Today: +1,87%

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My test 10K
Today: -1,97% (Closed by DD ea with 2%)

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  • #132
  • Jul 18, 2023 7:18am Jul 18, 2023 7:18am
Quoting hifamily
1 win and three consecutive loss, l don,t think this EA worth it
Anyone who believes this ea works is delusional.
  • #133
  • Jul 18, 2023 7:56am Jul 18, 2023 7:56am
Quoting MisterMurong
{quote} Anyone who believes this ea works is delusional.
l lost the trust on this EA when l tried another pending order EA from another developer with all the time filter, news filters EP and PT
  • #134
  • Jul 18, 2023 8:14am Jul 18, 2023 8:14am
Quoting hifamily
{quote} l lost the trust on this EA when l tried another pending order EA from another developer with all the time filter, news filters EP and PT
and how did it go?
  • #135
  • Jul 18, 2023 8:39am Jul 18, 2023 8:39am
Quoting hifamily
{quote} l lost the trust on this EA when l tried another pending order EA from another developer with all the time filter, news filters EP and PT
Can you post that your results here to know how news filter and EP , PT works ?
  • #136
  • Jul 18, 2023 8:52am Jul 18, 2023 8:52am
Quoting Never
{quote} Can you post that your results here to know how news filter and EP , PT works ?
as l said it is not reliable, the EA that is in vogue now is titan x even at that, the most important part is the set file


90%+ of EA are not suitable for prop firm in the long run

l test different premium EA and most of them end up in the bin
  • #137
  • Edited 9:20am Jul 18, 2023 9:04am | Edited 9:20am
Here is my 4 accounts result in different times after the NY open i started each account in 1 hour gap

Two accounts got profit 3% and 2% another two accounts hit in 2% lossn one more account I have that not closed now

I think we should use number of accounts in different times to get profit from probability of winning ratio at higher volume sessions is what better way to make profit in prop firm accounts that we can do with this EA

Two accounts are running 2nd phase
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  • #138
  • Jul 18, 2023 9:20am Jul 18, 2023 9:20am
Quoting hifamily
{quote} as l said it is not reliable, the EA that is in vogue now is titan x even at that, the most important part is the set file 90%+ of EA are not suitable for prop firm in the long run l test different premium EA and most of them end up in the bin
titan x is a white label EA, so hundreds of people are using it as well, no wonder props reject the account.
If you get EA , always get the setfiles so the EA becomes yours and definitely avoid trading strategy based on indicators, big chance that other users will use same settings, it’s a big red flag for prop.
Also, overall you need to know how to trade and be profitable without an EA, the EA wont make any miracles if you count on it at 100%. The EA needs to be set and use based on your own logical analysis, (support levels, sessions, risk management). i think it’s completely stupid to set and forget the EA every day. “ Never “uses Tp 5%and dd2%, but that’s based on his way of trading, maybe you’ll get more success with Tp 3% and dd 1%.
  • #139
  • Jul 18, 2023 5:23pm Jul 18, 2023 5:23pm
MFF and FTMO changed their rules that we don't need to pass account within 30 days limit we have unlimited time now so change lot size from 0.05 to 0.02 and DD target to 1% daily

Now we don't need to stop trading after two weeks to get next month free try , 1% daily DD is more secure than trading with 0.05 lot and 2% DD

10 days consecutive loss only can wipeout account with 1% DD in a day that may not happen if we trade only at NY session in gold at major news releasing days
  • #140
  • Jul 18, 2023 11:11pm Jul 18, 2023 11:11pm
Here is my mt4 account with 5K deposit running 2nd phase last week it was pass target profit $250 ( 5% ) but I forgot to add close all in profit target then it lost that profit it takes around 3 weeks to make 5% profit and 1 month was taken to pass 1st phase

Now this account just need $130 to pass 2nd phase so it's possible by NeverGP EA

Prop firm trading is profitable business we can make all the loss of 10 accounts from 10% of single account we only need patience

Buy NeverGP EA www.nevergpea.com
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