MikeGC

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Live Account

Education

Cashback

Joined Sep 05, 2015

Posts 20

Connections 0

Experience 3-5 years

Location Australia

Motto

Only do, or don't. There is no try.

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Systems by MikeGC

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Recent Posts

Flex EA - Half-Grid - Medium Risk

This is a very respectable result with ForexFlexEA. I would love to know the settings as I am running Half-Grid and have suffered a number of significant draw downs.

515

Sep 08, 2016 at 06:48

Forex Flex EA Acct4

Words of wisdom gained from 5 years experience. Many thanks @FXtrader2010 . As a result of this comment I have trialed half-grid and am now trading it live. It isn't as spectacular as some but it is steady and has a low DD. But the secret is in the settings, so my suggestion with anyone trad...

8604

May 07, 2016 at 09:55

Forex Flex EA Acct4

Hi Rob,Thanks for your comments. I respect your experience and advice.Just a couple of observations:a. This account isn't being run by the authors, but by forexfbi.b. We don't know what settings they are using.c. The drawdown can be set at whatever you like, eg.10%d. It can apply to one cha...

8604

Feb 01, 2016 at 08:14

Forex Flex EA Acct4

Gentlemen, this EA has been trading verified since Oct 2013. It shows a 50% draw-down which can be changed with a setting. It has a win rate of 65% and win/loss ratio of 1.4. This produces a mathematical expectancy of 0.56 which is good, bordering on one of the best I have found. The the account...

8604

Jan 30, 2016 at 19:25

Forex Flex EA Acct4

I notice that the account is verified. Do you mean to say it has been fiddled? Also keep in mind that it is subject to a 50% draw-down, but the max. draw-down I can see is only 5.5%. In addition, my experience has been that it is very subject to volatility. There is also the fact that the percen...

8604

Jan 29, 2016 at 10:36

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.05491	GBPUSD	1.26181	AUDUSD	0.64573
USDJPY	154.944	USDCAD	1.40908	USDCHF	0.88712