Funnel Trader Account 1 (By funneltrader)

The user has deleted this system.

Funnel Trader Account 1 Discussion

May 24, 2016 at 23:19
12,864 Views
198 Replies
Member Since Dec 07, 2010   204 posts
Jun 15, 2017 at 10:07
ryang123 posted:
systemafx posted:
hi, your EA today is out of control on EURUSD with a lot of buy!!!! and without opposite positions on other forex crosses

woah!!! Shut that shiz down! At least it's not shorting it :). Do u have another ea running on the same account? Funnel does not play well with others.

no it's not the EA... I'm seeing the original account with an investor password... I'm not using this EA
Follow the momentum
Member Since Dec 31, 2016   7 posts
Jun 18, 2017 at 06:43
systemafx posted:
ryang123 posted:
systemafx posted:
hi, your EA today is out of control on EURUSD with a lot of buy!!!! and without opposite positions on other forex crosses

woah!!! Shut that shiz down! At least it's not shorting it :). Do u have another ea running on the same account? Funnel does not play well with others.

no it's not the EA... I'm seeing the original account with an investor password... I'm not using this EA

Why the Original Account belongs to someone else? As indicated in FunnelTrader website, the developer name is Lance Hunter. But the original account name is Doug Price!

I'm really confused! Who is right?
Member Since Sep 23, 2016   85 posts
Jun 18, 2017 at 11:01
DigiPipsFX posted:
systemafx posted:
ryang123 posted:
systemafx posted:
hi, your EA today is out of control on EURUSD with a lot of buy!!!! and without opposite positions on other forex crosses

woah!!! Shut that shiz down! At least it's not shorting it :). Do u have another ea running on the same account? Funnel does not play well with others.

no it's not the EA... I'm seeing the original account with an investor password... I'm not using this EA

Why the Original Account belongs to someone else? As indicated in FunnelTrader website, the developer name is Lance Hunter. But the original account name is Doug Price!

I'm really confused! Who is right?
I can't say with confidence but I believe they are just stage names. Doug Price has been used before on other marketed EA so for this one, he picked a new name. That's just my theory. Not that it's a bad thing. Some people just like to protect their info more than others. Or it could be that one of those is his real name. I don't really care, as long as my robot doesn't open 100 EURUSD trades without me knowing!
Choose a good reputation over great riches (PROVERBS 22:1)
Member Since May 24, 2016   51 posts
Jun 18, 2017 at 17:38
The account has that name because I'm running it on Doug's account the public account. He helps me with marketing as well. In terms of the EURUSD opening many trades on my account, that was partly my fault. I had a mt4 issue and while trying to fix it, i kept resetting the EA and it kept thinking no trades were open, so it opened more.
Member Since Jan 26, 2011   47 posts
Jun 18, 2017 at 18:36
Hello Mr. Lance Hunter,

thanks for your answer. I noticed you changed the 'N1' TP that now, after the issue you said above here, seems you cut at 50%: before the basket was closed around $6 and now around 3.

Best regards.
/achab
Member Since Sep 23, 2016   85 posts
Jun 18, 2017 at 18:45
achab posted:
Hello Mr. Lance Hunter,

thanks for your answer. I noticed you changed the 'N1' TP that now, after the issue you said above here, seems you cut at 50%: before the basket was closed around $6 and now around 3.

Best regards.
/achab
Great question. I was wondering too what are the triggers for the system to tp? I'm looking to increase my lost size and would like to make sure I do so appropriately.
Thanks
Choose a good reputation over great riches (PROVERBS 22:1)
Member Since Dec 31, 2016   7 posts
Jun 19, 2017 at 06:26
ryang123 posted:
DigiPipsFX posted:
systemafx posted:
ryang123 posted:
systemafx posted:
hi, your EA today is out of control on EURUSD with a lot of buy!!!! and without opposite positions on other forex crosses

woah!!! Shut that shiz down! At least it's not shorting it :). Do u have another ea running on the same account? Funnel does not play well with others.

no it's not the EA... I'm seeing the original account with an investor password... I'm not using this EA

Why the Original Account belongs to someone else? As indicated in FunnelTrader website, the developer name is Lance Hunter. But the original account name is Doug Price!

I'm really confused! Who is right?
I can't say with confidence but I believe they are just stage names. Doug Price has been used before on other marketed EA so for this one, he picked a new name. That's just my theory. Not that it's a bad thing. Some people just like to protect their info more than others. Or it could be that one of those is his real name. I don't really care, as long as my robot doesn't open 100 EURUSD trades without me knowing!

Are you using this EA these days? How was your experience? How much is your account size?
Member Since Sep 23, 2016   85 posts
Jun 21, 2017 at 01:42
DigiPipsFX posted:
ryang123 posted:
DigiPipsFX posted:
systemafx posted:
ryang123 posted:
systemafx posted:
hi, your EA today is out of control on EURUSD with a lot of buy!!!! and without opposite positions on other forex crosses

woah!!! Shut that shiz down! At least it's not shorting it :). Do u have another ea running on the same account? Funnel does not play well with others.

no it's not the EA... I'm seeing the original account with an investor password... I'm not using this EA

Why the Original Account belongs to someone else? As indicated in FunnelTrader website, the developer name is Lance Hunter. But the original account name is Doug Price!

I'm really confused! Who is right?
I can't say with confidence but I believe they are just stage names. Doug Price has been used before on other marketed EA so for this one, he picked a new name. That's just my theory. Not that it's a bad thing. Some people just like to protect their info more than others. Or it could be that one of those is his real name. I don't really care, as long as my robot doesn't open 100 EURUSD trades without me knowing!

Are you using this EA these days? How was your experience? How much is your account size?
I'm loving it. Best EA on the market. Period. Nothing even close to the consistency with potential 3 digit annual profit percentages. I have never had a day where I was afraid to go to sleep running this EA.
Choose a good reputation over great riches (PROVERBS 22:1)
Member Since Jan 26, 2011   47 posts
Jun 21, 2017 at 05:31
DigiPipsFX posted:
Are you using this EA these days? How was your experience? How much is your account size?

As already said above here, and my suggestion is similar, be aware about the drawdown (historical and potential) and decide about balance and settings, consequently and, last but not the least, save money for depositing in case of large drawdowns.

The suggestions I have read here are about to have a balance of 3,000-5,000 for base settings (0.01 lots the 'N1') but I am more conservative that's why I suggest a balance not less than 10,000 for the base setting as described above.
ForexScreamer
forex_trader_436974
Member Since Jun 13, 2017   49 posts
Jun 22, 2017 at 06:15
Is Funnel still martingale?
Member Since Dec 07, 2010   204 posts
Jun 23, 2017 at 11:15
achab posted:
DigiPipsFX posted:
Are you using this EA these days? How was your experience? How much is your account size?

As already said above here, and my suggestion is similar, be aware about the drawdown (historical and potential) and decide about balance and settings, consequently and, last but not the least, save money for depositing in case of large drawdowns.

The suggestions I have read here are about to have a balance of 3,000-5,000 for base settings (0.01 lots the 'N1') but I am more conservative that's why I suggest a balance not less than 10,000 for the base setting as described above.

I'd like to see this system with fixed lots...
Follow the momentum
Member Since Jan 26, 2011   47 posts
Jun 23, 2017 at 11:34
systemafx posted:
I'd like to see this system with fixed lots...

I am afraid I didn't understand properly what you mean with that.... :-|
Member Since Dec 31, 2016   7 posts
Jul 09, 2017 at 07:15
It has been about 2 or 3 weeks that this account is struggling and the EA is under about 400~800 USD loss !!!
Member Since Sep 23, 2016   85 posts
Jul 09, 2017 at 16:07
DigiPipsFX posted:
It has been about 2 or 3 weeks that this account is struggling and the EA is under about 400~800 USD loss !!!
It happens once in a while where it gets stuck. Just make sure you are prepared with enough $$$ in your account in case it goes up more. Over the past year I've seen it go as high as 1600. What's great about FX is it always corrects and that's why this was is profitable.
Choose a good reputation over great riches (PROVERBS 22:1)
Member Since Aug 22, 2012   170 posts
Jul 25, 2017 at 23:26
I wonder how long this drawdown will continue? I've been considering getting this but having second thoughts...
Member Since May 24, 2016   51 posts
Jul 26, 2017 at 14:13
Can't tell you how long, it's hovering around a certain range. If you start now you will start fresh and start doing well.
Member Since May 08, 2012   60 posts
Aug 04, 2017 at 11:42
Those trades which pending for a month closed itself or manually closed?
Member Since May 24, 2016   51 posts
Aug 04, 2017 at 14:00
The software closed it on its own
AmjaDepp
forex_trader_187263
Member Since Apr 22, 2014   19 posts
Aug 06, 2017 at 06:44
very good EA
AmjaDepp
forex_trader_187263
Member Since Apr 22, 2014   19 posts
Aug 06, 2017 at 06:45
i want to buy your EA, But i dont have Paypal., what is other methods ?
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