MFM7 (By ex4systems)
The user has deleted this system.
MFM7 Discussion
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Sep 03, 2016 at 16:02
another fx choice big winning system,the probabilty that it is a fake statement is 90%,this is why one can discard it
Sep 04, 2016 at 07:04
I've used FX Choice in the past and never had any issues with them. Was using them for about 6 months with no withdrawal or support issues, don't see what your getting at @rob559? My only whim is that they are not as heavily regulated as brokers I typically go for. I prefer to see FCA or ASIC regulated brokers.
Oct 02, 2016 at 01:51
todompoll posted:
Hello Matthew,
When will MFM7 website be online with the login page? Will things carry forward for MFM5 users?
Also, can you please confirm that the chart time chosen makes no difference for the EA.
Thanks,
Scott
are you asking about the login to clients? if yes, you just have to look to your email when yopu purchased mfm5
Plan your trades and trade your plans.
Oct 03, 2016 at 08:26
RedRhinoFX posted:rob559 posted:
another fx choice big winning system,the probabilty that it is a fake statement is 90%,this is why one can discard it
Take his comments with a grain of salt. Read the reviews about this broker before you come to your own conclusions.
https://www.forexpeacearmy.com/forex-reviews/8159/www.fxchoice.com
It is best to understand the strategy being implemented here and what are the weaknesses.
Since this strategy scalps Asian off hours, the slippage is higher and spreads are very volatile across ALL ecn brokers.
Strategy details: https://redrhinofx.com/mfm4/
ok thank you for the details finally a much detailed explanation of the strategy
Plan your trades and trade your plans.
Oct 06, 2016 at 06:28
I've had mfm5 for a few months now. I do a spreadsheet of my robots production and this is by far the best. I don't think I would ever want to switch to 7 if it became available. I use downloaded setting and touch nothing else although I'm considering upping the mm to 1.5 from 1.
Choose a good reputation over great riches (PROVERBS 22:1)
Member Since Mar 31, 2014
192 posts
Oct 07, 2016 at 04:37
ryang123 posted:
I've had mfm5 for a few months now. I do a spreadsheet of my robots production and this is by far the best. I don't think I would ever want to switch to 7 if it became available. I use downloaded setting and touch nothing else although I'm considering upping the mm to 1.5 from 1.
You got the big GBP hit?????
ben@
Oct 09, 2016 at 06:23
Yeah got my whole account one shot. The crazy part is my other account got seized at 3am by my broker FX choice. I'm wondering if they are going out of business after that because my account with the GBP trades went agonist negative 7k.
Choose a good reputation over great riches (PROVERBS 22:1)
Oct 09, 2016 at 12:29
I cant access to login page of this EA that I cant download new .ex4 file
https://www.ex4systems.com/
https://www.ex4systems.com/
ormagoden@
Oct 10, 2016 at 07:46
Just wondering how this provider account survive the craziness of GBP pairs of last Friday. Does it mean you're not trading these pairs? If not why were your subscriber not informed. I still believe this EA is good but proper communication would have safe our accounts.
obatelsystems@
Member Since Jun 27, 2014
103 posts
Oct 16, 2016 at 06:26
My account was not affected by the GBP issue at all. I was trading GBPUSD thru this EA - no issue at all.
Just now it cannot connect. That is weird part in my opinion.
Just now it cannot connect. That is weird part in my opinion.
You haven't been around lately.
Member Since Jun 27, 2014
103 posts
Oct 17, 2016 at 19:41
I am now sharing my account. I have MFM5 installed on that account. No crash.
I think there must be a bug in MFM5. We can see that the lot size was dramatically BIGGER, just during that odd flashcrash. From Pooler's data I can see there were also a couple devastating trades within a few hours.
My opinion still the same. MFM5 is (was) the best EA I have ever seen.
I think there must be a bug in MFM5. We can see that the lot size was dramatically BIGGER, just during that odd flashcrash. From Pooler's data I can see there were also a couple devastating trades within a few hours.
My opinion still the same. MFM5 is (was) the best EA I have ever seen.
You haven't been around lately.
Member Since Jun 27, 2014
103 posts
Oct 17, 2016 at 19:41
Results posted. Trading started Feb.2016. Ignore crap before.
You haven't been around lately.
Oct 20, 2016 at 06:51
fx4btc posted:fastdrive55 posted:
My account was not affected by the GBP issue at all. I was trading GBPUSD thru this EA - no issue at all.
Just now it cannot connect. That is weird part in my opinion.
What account are you referring to? I don't see any real account under your profile. This account got hijacked by the GBP pairs
https://www.myfxbook.com/members/Pooler/mfm5-live/1781465
I've read a post of that guy just one day before the crash saying that he had made 55% in one month with MFM5. From the account history we see that he was trading too many lots at that time, very risky indeed.
https://www.myfxbook.com/community/trading-systems/mfm5/984946,5#postRow221435
I was lucky because I was trying to run MFM7 that week. After that I got the 'No connection' problem, and moved back to MFM5, with good results by the way. This week I'm trying MFM7 again, with the new build 104, the connection is working fine.
But one thing is for sure: MFM7 opens much less trades than MFM5. At a first sight it seems less profitable, but it may be better regarding drawdowns. I was thinking about staying with MFM5, but after these examples of losing trades with GBP that day, I'll give MFM7 more credit.
Oct 23, 2016 at 06:31
Hi bro'
I use MFM for long time and i can say this MFM is one of best ea on the market.
I think EA very sensitive with low spreads and fast execution broker. Please find broker to run this EA if u want make money. for me FX Choice,Tickmill is a good choice.
I use MFM for long time and i can say this MFM is one of best ea on the market.
I think EA very sensitive with low spreads and fast execution broker. Please find broker to run this EA if u want make money. for me FX Choice,Tickmill is a good choice.
Member Since Jun 27, 2014
103 posts
Oct 23, 2016 at 06:50
Yes. Still regarding MFM5, just on the day with the crash it was trading insanely increased lot sizes. I have not seen any explanation of that. Furthermore, I can see the the creator of MFM has deleted a lot of evidence. THe website, alot of accounts in myFxBook, that is *really* damaging the reputation...
I will neither run MFM5 or MFM7 for some time now :-)
I will neither run MFM5 or MFM7 for some time now :-)
You haven't been around lately.
