MQLme Expert Advisor (By MQLme)
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MQLme Expert Advisor Discussion
Oct 17, 2016 at 09:55
Member Since Oct 30, 2014
12 posts
MQLme, 2 questions:
1) Your published backtest was conducted with Risk = 15. The maximal relative drawdown was 54.1%. Presuming that Risk = 30 is double the risk of Risk = 15, why would you start a live account with a risk level that would have led to the account being wiped out in a backtest?
2) Let's just say the monitoring account is wiped out. Please explain what would happen to those subscribers that set their risk lower. Would their trades be closed by the copier, or would they have the chance to manage the positions. Or would the master EA be managing them still, somehow? Then what would happen to the subscription, would you restart the next day?
1) Your published backtest was conducted with Risk = 15. The maximal relative drawdown was 54.1%. Presuming that Risk = 30 is double the risk of Risk = 15, why would you start a live account with a risk level that would have led to the account being wiped out in a backtest?
2) Let's just say the monitoring account is wiped out. Please explain what would happen to those subscribers that set their risk lower. Would their trades be closed by the copier, or would they have the chance to manage the positions. Or would the master EA be managing them still, somehow? Then what would happen to the subscription, would you restart the next day?
Oct 18, 2016 at 12:20
(edited Oct 18, 2016 at 12:29)
Member Since May 24, 2010
371 posts
Oct 18, 2016 at 14:59
Member Since Aug 01, 2015
111 posts
mrf245 posted:
I think its the end of MQL.ME, you now this open are very bad positions.It was in a heavy downtrend taken!
very bad decision.
Only good news can safe you!!
good luck to anyone who follows this signal
I told you all... Bad 2 positions
Oct 19, 2016 at 07:40
Member Since Feb 14, 2015
74 posts
Hi MQL.me,
Should it be a hard stop at a better position, and ride with the trend to get back the lost? We really need a very good news to have a 80+ pips uptrend, even we can wait such a uptrend (only happen 3 or 4 times a year), the swap will kill us all.
Should it be a hard stop at a better position, and ride with the trend to get back the lost? We really need a very good news to have a 80+ pips uptrend, even we can wait such a uptrend (only happen 3 or 4 times a year), the swap will kill us all.
Oct 19, 2016 at 12:25
Member Since Apr 05, 2016
3 posts
Hi Everyone
Does any one know if MQL.ME have a refund policy? I brought it last week just after these two bad trades have been opened so not opened on my account :) So i have had no trades from the EA and it is unlikely there will be any trades soon. Also these two bad trades have put me off the system. Stupidly i didnt buy it with a credit card.
Does any one know if MQL.ME have a refund policy? I brought it last week just after these two bad trades have been opened so not opened on my account :) So i have had no trades from the EA and it is unlikely there will be any trades soon. Also these two bad trades have put me off the system. Stupidly i didnt buy it with a credit card.
Oct 19, 2016 at 12:38
Member Since May 24, 2010
371 posts
GuvHothi posted:
Hi Everyone
Does any one know if MQL.ME have a refund policy? I brought it last week just after these two bad trades have been opened so not opened on my account :) So i have had no trades from the EA and it is unlikely there will be any trades soon. Also these two bad trades have put me off the system. Stupidly i didnt buy it with a credit card.
Click2sell: https://www.click2sell.eu/en/terms-of-use/return/refund-and-cancellation-policy.html
2. MONEY RETURNS
2.1. Click2Sell manages all refunds and can return money to all Customers if they are not satisfied with the Product. Each Customer has a 90 days money-back guarantee. If you are not satisfied with the Product and want to get your money back, please contact us at [email protected]
Oct 19, 2016 at 14:59
Member Since Apr 05, 2016
3 posts
Jarora posted:GuvHothi posted:
Hi Everyone
Does any one know if MQL.ME have a refund policy? I brought it last week just after these two bad trades have been opened so not opened on my account :) So i have had no trades from the EA and it is unlikely there will be any trades soon. Also these two bad trades have put me off the system. Stupidly i didnt buy it with a credit card.
Click2sell: https://www.click2sell.eu/en/terms-of-use/return/refund-and-cancellation-policy.html
2. MONEY RETURNS
2.1. Click2Sell manages all refunds and can return money to all Customers if they are not satisfied with the Product. Each Customer has a 90 days money-back guarantee. If you are not satisfied with the Product and want to get your money back, please contact us at [email protected]
Many thanks will send them an e-mail now :) fingers crossed they give me a refund.
forex_trader_305065
Member Since Feb 12, 2016
11 posts
Oct 20, 2016 at 06:31
Member Since Feb 12, 2016
11 posts
I bought this software a few days before the 2 catastrophic were made that are still in 60% floating drawdown (which I don't believe will be coming back anytime son). I am so glad I closed both positions down manually on my MT4 after that rally the EUR had I sold out at 1.10560 and recovered like 85-90% of my money. Otherwise now it would've been down 60+ %. It will take some really good news or a long amount of time for it to get back to TP. I can't see that happening.
Member Since May 16, 2012
27 posts
Oct 20, 2016 at 06:52
Member Since May 16, 2012
27 posts
I've asked click2sell for a refund. This is the reply I received:
Hello,
Please, provide us with this information:
1) Explain the reason why you want to get a refund and why the product did not work for you (in pdf or doc file). Thorough explanations are only accepted.
2) Please, send us the screenshots showing why the product is bad/not working (pdf, png, jpg or other image files accepted)
3) Please, provide us the screenshots with explanations from your account showing your losses (pdf, png, jpg or other image files accepted) caused by this robot.
Hello,
Please, provide us with this information:
1) Explain the reason why you want to get a refund and why the product did not work for you (in pdf or doc file). Thorough explanations are only accepted.
2) Please, send us the screenshots showing why the product is bad/not working (pdf, png, jpg or other image files accepted)
3) Please, provide us the screenshots with explanations from your account showing your losses (pdf, png, jpg or other image files accepted) caused by this robot.
Member Since Feb 12, 2016
52 posts
Oct 20, 2016 at 07:12
Member Since Feb 12, 2016
52 posts
arielkorber posted:Yes, good luck with that! This is forex, you can't request refund just because you are after some days in drawdown and you didn't lost any money yet.
I've asked click2sell for a refund. This is the reply I received:
Hello,
Please, provide us with this information:
1) Explain the reason why you want to get a refund and why the product did not work for you (in pdf or doc file). Thorough explanations are only accepted.
2) Please, send us the screenshots showing why the product is bad/not working (pdf, png, jpg or other image files accepted)
3) Please, provide us the screenshots with explanations from your account showing your losses (pdf, png, jpg or other image files accepted) caused by this robot.
Oct 20, 2016 at 07:19
Member Since Mar 18, 2014
117 posts
MQLme posted:
Dear Traders
We are here monitoring the market closely.
I'll reply all messages after these trades outcome.
You can also contact our email support anytime you may need.
Regards
Very nice risk management...(
Open for all problems of his clients... ?
It was very clever from him, to switch from formerly monthly fee of 99$ to a one time fee of 249$ if the signal
goes down for sure that fast.
So he got much more profit from his clients now....((
Member Since May 16, 2012
27 posts
Member Since Dec 04, 2010
1557 posts
Oct 20, 2016 at 12:35
Member Since Dec 04, 2010
1557 posts
so glad I left this one alone, and didn't subscribe.
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