1.5K Initial deposit, Flex EA, Default settings. (By logart)
| Gain : | +788.82% |
| Drawdown | 12.92% |
| Pips: | 1737.5 |
| Trades | 220 |
| Won: |
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| Lost: |
|
| Type: | Real |
| Leverage: | 1:30 |
| Trading: | Automated |
1.5K Initial deposit, Flex EA, Default settings. Discussion
Aug 08, 2016 at 21:32
successwill posted:
i hope he takes you seriously and fixes it..
Well he told me to if i could make a review of his EA in peaceforexarmy or whatever the name of that website is. I dont think he wants a bad review so he must fix this. Also have you used the default strategy or your problems only comes with the shotgun strategy?
Member Since Nov 18, 2015
247 posts
Aug 09, 2016 at 19:14
Nope i didnt have time for other strats.. Or i didnt want after having failed in testing shotgun. Because i was brought down :( However i tried to switch between strategies for short term testing. Last night while texting you here i installed Flexhybrid strategy on a few charts and saw the same thing: Accuracy was over 100% but there was no trades open..
And today i cleaned my VPS by uninstalling the broker's mt4 and removing all user datas, presets etc..I re-installed everything on shotgun again..I will see what will happen
And today i cleaned my VPS by uninstalling the broker's mt4 and removing all user datas, presets etc..I re-installed everything on shotgun again..I will see what will happen
Aug 09, 2016 at 22:16
Yesterday it made a trade and it reached the profit target, so it is now working good. Maybe it was my internet connection was having dropouts or something but now is working i guess...
Is too weird yours EA dont work at all, why you chose shotgun strategy? It's a risky strategy and all others strategies have a high % of drawbacks, the only with the niceest equity curve is the default strategy. In fact the owner only keeps 2 accounts live, the default one and the trendsurfer strategy and been doing good since 3-4 months, but i see the equity curve of the trendsurfer one and it has large drawbacks, the default one looks much more nice long term. You want to use the high risk/high reward shotgun strategy with a small account? I thought about that too...
Is too weird yours EA dont work at all, why you chose shotgun strategy? It's a risky strategy and all others strategies have a high % of drawbacks, the only with the niceest equity curve is the default strategy. In fact the owner only keeps 2 accounts live, the default one and the trendsurfer strategy and been doing good since 3-4 months, but i see the equity curve of the trendsurfer one and it has large drawbacks, the default one looks much more nice long term. You want to use the high risk/high reward shotgun strategy with a small account? I thought about that too...
Aug 10, 2016 at 01:41
I am using version 3.1 with Default strategy, so far the EA is performing well. Small tweaks that I have done.
Virtual Trade : 3
DD Stoploss Mode : AllCharts
USD : 8
Am thinking of switch on the Trend mode as well as the trailing but not sure yet because I am happy with the result so far.
USD set to 8 because most of the pairs that I enable are USD related.😀
Virtual Trade : 3
DD Stoploss Mode : AllCharts
USD : 8
Am thinking of switch on the Trend mode as well as the trailing but not sure yet because I am happy with the result so far.
USD set to 8 because most of the pairs that I enable are USD related.😀
ngohch@
Aug 12, 2016 at 23:24
(edited Aug 12, 2016 at 23:33)
Here you go!
https://www.myfxbook.com/members/mastery/flex-ea-default/1737516 - verified
https://www.myfxbook.com/members/mastery/flex-default/1737679 - both track record and trading privileges are NOT verified because the demo server DOESN'T EXIST in myfxbook database and thus connection cannot be made.
I am showing you the same strategy over 2 different brokers with 2 different capital on demo accounts and there are some interesting discoveries, adding your real account performance we can made some observations.
1. It is a known that with different brokers we get different results.
2. The EA perform quite consistently across different platforms.
3. The EA performance is at 60 - 70% win rate.
4. It is best not to run the EA during news. The martingale can really draw down to 5 levels. But again, the EA will open more trades due to the market volatility. It is a tough call to play between a safe play or aggressive strategy.
5. The EA does not always close trades at the TP point especially after follow up trades opened.
6. The EA seems to play on reverse by default. Noticed a few good trades on trend were ignored which shall yield very good returns.
7. The EA is not on aggressive mode but can still be tweaked for a higher win rate (and lower trade counts).
Using Default Strategy with 3 virtual trades, DD stopless mode allcharts and USD 8.
Cheers.
https://www.myfxbook.com/members/mastery/flex-ea-default/1737516 - verified
https://www.myfxbook.com/members/mastery/flex-default/1737679 - both track record and trading privileges are NOT verified because the demo server DOESN'T EXIST in myfxbook database and thus connection cannot be made.
I am showing you the same strategy over 2 different brokers with 2 different capital on demo accounts and there are some interesting discoveries, adding your real account performance we can made some observations.
1. It is a known that with different brokers we get different results.
2. The EA perform quite consistently across different platforms.
3. The EA performance is at 60 - 70% win rate.
4. It is best not to run the EA during news. The martingale can really draw down to 5 levels. But again, the EA will open more trades due to the market volatility. It is a tough call to play between a safe play or aggressive strategy.
5. The EA does not always close trades at the TP point especially after follow up trades opened.
6. The EA seems to play on reverse by default. Noticed a few good trades on trend were ignored which shall yield very good returns.
7. The EA is not on aggressive mode but can still be tweaked for a higher win rate (and lower trade counts).
Using Default Strategy with 3 virtual trades, DD stopless mode allcharts and USD 8.
Cheers.
ngohch@
Member Since Nov 18, 2015
247 posts
Aug 15, 2016 at 15:24
'3.56 Changes
Fixed starting lot size opening at minimum lots instead of calculated lot based on MM'
this is from the changes note. i am using v3.57, EA still opens 0,01 lot despite the fact that it should open 0,02..
Strategy is still shotgun, at least this version opens trades lol
Fixed starting lot size opening at minimum lots instead of calculated lot based on MM'
this is from the changes note. i am using v3.57, EA still opens 0,01 lot despite the fact that it should open 0,02..
Strategy is still shotgun, at least this version opens trades lol
Member Since Nov 18, 2015
247 posts
Aug 15, 2016 at 17:16
On the chart it says Trading lot size: 0,02 but opens 0,01.. With 3.56 changes, it must have been fixed as it says in my post above.. The risk was set to 0.3 and balance is 1000 usd
Member Since Feb 20, 2017
5 posts
May 30, 2019 at 06:06
Really good, congratulations
are you using the default settings from Flex EA? or some inputs are different?
are you using the default settings from Flex EA? or some inputs are different?
Member Since Apr 16, 2020
1 posts
Jun 30, 2020 at 19:27
Can I know the set file that you are using?
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