Forex Benz AUDNZ - Real Money High Risk Mode ( Start Balance 2,500) (By forexbenz)
The user has deleted this system.
Forex Benz AUDNZ - Real Money High Risk Mode ( Start Balance 2,500) Discussion
Feb 27, 2013 at 14:49
Hello,
You owners website https://www.driveexpertadvisors.com/ ?
Now you use the martingale strategy?
23061625 2013.02.25 08:26 sell 0.01 audusd 1.02840 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -3.05 -31
23061960 2013.02.25 08:30 sell 0.02 audusd 1.02884 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -5.22 -26
23064480 2013.02.25 08:57 sell 0.03 audusd 1.02917 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -6.84 -23
23069854 2013.02.25 10:06 sell 0.04 audusd 1.02999 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -5.84 -15
23070192 2013.02.25 10:12 sell 0.07 audusd 1.03039 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -7.42 -11
23072736 2013.02.25 10:55 sell 0.10 audusd 1.03080 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -6.50 -7
23074538 2013.02.25 11:32 sell 0.17 audusd 1.03133 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -2.04 -1
23074702 2013.02.25 11:36 sell 0.27 audusd 1.03181 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 9.72 4
23076308 2013.02.25 12:11 sell 0.43 audusd 1.03234 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 38.27 9
https://www.forexpeacearmy.com/metatrader_expert_advisor/forex_benz_audusd/demo
You owners website https://www.driveexpertadvisors.com/ ?
Now you use the martingale strategy?
23061625 2013.02.25 08:26 sell 0.01 audusd 1.02840 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -3.05 -31
23061960 2013.02.25 08:30 sell 0.02 audusd 1.02884 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -5.22 -26
23064480 2013.02.25 08:57 sell 0.03 audusd 1.02917 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -6.84 -23
23069854 2013.02.25 10:06 sell 0.04 audusd 1.02999 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -5.84 -15
23070192 2013.02.25 10:12 sell 0.07 audusd 1.03039 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -7.42 -11
23072736 2013.02.25 10:55 sell 0.10 audusd 1.03080 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -6.50 -7
23074538 2013.02.25 11:32 sell 0.17 audusd 1.03133 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -2.04 -1
23074702 2013.02.25 11:36 sell 0.27 audusd 1.03181 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 9.72 4
23076308 2013.02.25 12:11 sell 0.43 audusd 1.03234 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 38.27 9
https://www.forexpeacearmy.com/metatrader_expert_advisor/forex_benz_audusd/demo
Mar 01, 2013 at 17:12
Jarora posted:
Hello,
You owners website https://www.driveexpertadvisors.com/ ?
Now you use the martingale strategy?
23061625 2013.02.25 08:26 sell 0.01 audusd 1.02840 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -3.05 -31
23061960 2013.02.25 08:30 sell 0.02 audusd 1.02884 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -5.22 -26
23064480 2013.02.25 08:57 sell 0.03 audusd 1.02917 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -6.84 -23
23069854 2013.02.25 10:06 sell 0.04 audusd 1.02999 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -5.84 -15
23070192 2013.02.25 10:12 sell 0.07 audusd 1.03039 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -7.42 -11
23072736 2013.02.25 10:55 sell 0.10 audusd 1.03080 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -6.50 -7
23074538 2013.02.25 11:32 sell 0.17 audusd 1.03133 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 -2.04 -1
23074702 2013.02.25 11:36 sell 0.27 audusd 1.03181 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 9.72 4
23076308 2013.02.25 12:11 sell 0.43 audusd 1.03234 1.03534 0.00000 2013.02.25 12:56 1.03145 0.00 0.00 0.00 38.27 9
https://www.forexpeacearmy.com/metatrader_expert_advisor/forex_benz_audusd/demo
No we are not the owner.
This is not a martingale strategy.
Trades increment but not doubled.
Also there is tight Stop loss in place.
Thanks
Forex Benz Team
Mar 01, 2013 at 17:12
sourav posted:
matingel robot..
never buy this type of ea
u can get free matingel ea at forex forum
This is not a Martingale EA.
Lot size increase slightly but not doubled.
Also there is tight stop loss in place, that can be evidenced from charts.
You are suggesting people to put their Hard earned for the free softwares if any available ?
A wise person who putting money prefers to buy Bugs free products that is working on live accounts.
Thanks
Forex Benz Team
Mar 18, 2013 at 00:51
so how did you call an EA which increment the lot size and opens a lot of trades when the trend was missed?
when the number of pips is negative and the $ is positive... (your other accounts, not this particular one)
its a martingale!
its not a scalper, not a trend follower
180pips is not a tight stoploss.
but the config appear to be interesting for a martingale.
we have to wait to see how many month the account can survive.
when the number of pips is negative and the $ is positive... (your other accounts, not this particular one)
its a martingale!
its not a scalper, not a trend follower
180pips is not a tight stoploss.
but the config appear to be interesting for a martingale.
we have to wait to see how many month the account can survive.
Mar 18, 2013 at 06:31
This is not a martingale. Lot size is incremental as oppose to double in martingale and also there is stop loss, each pair the stop loss level vary.
E.g. EURUSD 30pips, hard stop loss and it change as well, in case of sharp movement in opposite direction, trades get close at stop loss to protect from large losses and stop level vary for pair to pair.
Also there are lot of others variables to protect, you need to see how old account is running and it is already running over 6 months now.
Yes, sure you can watch and see how it performs, thanks for watching.
Forex Benz Team
Mar 18, 2013 at 11:31
forexbenz posted:
This is not a martingale. Lot size is incremental as oppose to double in martingale and also there is stop loss, each pair the stop loss level vary.
E.g. EURUSD 30pips, hard stop loss and it change as well, in case of sharp movement in opposite direction, trades get close at stop loss to protect from large losses and stop level vary for pair to pair.
Also there are lot of others variables to protect, you need to see how old account is running and it is already running over 6 months now.
Yes, sure you can watch and see how it performs, thanks for watching.
Forex Benz Team
Totalgrid provides protective systems to close trades before the account is killed. he don't double, but you know what? its a martingale.
Forexenvy also is a martingale and don't double...
so how did you call your strategy?
a scalper?
a trend follower?
what's the result of your EA if you don't increase the lot size? with a risk set at 2%.
Mar 21, 2013 at 07:29
We appreciate your comments.
There is tight stop loss, see our charts curves and total grid and envy, we have frequent stop losses and we see overall, how many stop loss and how much gain and net results are positive.
https://www.myfxbook.com/members/forexbenz/forex-benz-full-edition-real/425478
This is old version and you can see new version is here
https://www.myfxbook.com/members/forexbenz/forex-benz-full-edition-real/514087
The profit parameter is coded in a manner to increase the lot size, however now we increase 1.6, however if we increase in a different rate then we could get different results.
Forex Benz Team
Mar 21, 2013 at 07:29
Jarora posted:
If you use LotMultiplier 1.6 and closing all trades at the same time, so is it martingale EA. I would like see 5 backtest. I think backtests are very bad.
You cannot properly do back test, it is our challenge, you run fwd test on demo / real on a broker from now say 1 month and then run back test after 1 month for the same period you back tested you would get different results.
Therefore do not rely on any backtest.
You have 6 month history running on real money account and that most traders look at, rather than curved back test results we see on various web sites.
https://www.myfxbook.com/members/forexbenz/forex-benz-full-edition-real/425478
Mar 21, 2013 at 14:24
Your Forex Benz looks identical to a Custom Set File for Forex Envy besides running on a M15 chart. Maybe I should follow to duplicate.
EP = 10 and Basket = 16 with different Lot augmenter to match yours. I already changed the M30 ( default for envy ) to M15.
😳
Cheers
EP = 10 and Basket = 16 with different Lot augmenter to match yours. I already changed the M30 ( default for envy ) to M15.
😳
Cheers
Member Since Mar 16, 2013
16 posts
Mar 29, 2013 at 16:35
Its look good to watch the growth chart of Forex Benz AUDNZ high risk mode. The gain is promising. I am following this EA since few days. I am impressed by the result of this EA in this year as I can see the result of this EA is improving day by day and the gain is increasing as well.
Mar 29, 2013 at 17:57
traderworld posted:
Its look good to watch the growth chart of Forex Benz AUDNZ high risk mode. The gain is promising. I am following this EA since few days. I am impressed by the result of this EA in this year as I can see the result of this EA is improving day by day and the gain is increasing as well.
You should also monitor other accounts. The same can happen with a real account. This loss hurts.
https://www.mt4i.com/users/bext4x-benzfull/stats
https://statements.forexpeacearmy.com/forex_benz_audusd_demo/statement_new.htm
Member Since Mar 16, 2013
16 posts
Mar 31, 2013 at 06:19
Thanks Jarora
I have seen other accounts, is 18% in forex is really a concern ? I think it is standalone account, running only AUDUSD.
I see full edition is good for consistent profitability, what's your take on ?
Member Since Sep 25, 2011
15 posts
Apr 05, 2013 at 08:58
Nice system.
Full version with low risk is running great
https://www.myfxbook.com/members/forexbenz/forex-benz-full-editon-low/494452
Apr 05, 2013 at 11:03
traderworld posted:
Thanks Jarora
I have seen other accounts, is 18% in forex is really a concern ? I think it is standalone account, running only AUDUSD.
I see full edition is good for consistent profitability, what's your take on ?
If you want to sleep well so be sure to not buy a robot that uses the martingale strategy. I've seen many accounts using the martingale account blow after 1 year. It's not funny.
Apr 05, 2013 at 12:14
https://www.mt4i.com/users/forex-benz-full
big profits... but everything lost.
at least no margin call suffered. the way this EA works, its harder to get a margin call I think. but big losses for sure.
big profits... but everything lost.
at least no margin call suffered. the way this EA works, its harder to get a margin call I think. but big losses for sure.
Apr 05, 2013 at 12:53
willgart posted:
https://www.mt4i.com/users/forex-benz-full
big profits... but everything lost.
at least no margin call suffered. the way this EA works, its harder to get a margin call I think. but big losses for sure.
True true willgart.
Member Since Jul 05, 2011
305 posts
Jul 01, 2013 at 15:05
Jarora posted:willgart posted:
https://www.mt4i.com/users/forex-benz-full
big profits... but everything lost.
at least no margin call suffered. the way this EA works, its harder to get a margin call I think. but big losses for sure.
True true willgart.
Have you looked at the risk? Where is a 59% probability of 100% loss acceptable?
Aug 25, 2013 at 04:54
@forexbenz
How do you like profiforex in terms of Cent Account. I'm looking for a cent broker with less restrictions than exness. exness has limits on net lots and Max lot size. What is execution and spreads like?
Thanks
Max
How do you like profiforex in terms of Cent Account. I'm looking for a cent broker with less restrictions than exness. exness has limits on net lots and Max lot size. What is execution and spreads like?
Thanks
Max
