December - Closed (Od forex_trader_33635)
Użytkownik usunął ten system.
December - Closed Omówić
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 26, 2012 at 18:10
Balance 125 nano account at XEmarkets
W/100% Credit Bonus.
Baselotsize = 0.01
MaxOrderLevels = 9
SuperCharge = True
SafeMode = 7
SafeModeLogic = 5
ShortCycles = True
PAIRS: EURUSD - GBPUSD - EURCAD - EURJPY - CADCHF - EURCAD
I've never used this broker or traded on nano lots. It's weird to see a trade close at 5 pips profit and not receive a gain. 10 pips will equal 1 cent on the baselot of 0.01.
Nano Accounts: This actually creates a problem on some shortcycles that reach only Level 2 and close out under 10 pips because the 0.01 closes at $- 0.01 and the 0.02 closed at $ +0.01 = Zero Net Gain
10.26.2012 17:51 10.26.2012 18:10 GBPUSD Sell 0.01 - 1.60992 1.60931 1.60992 -6.1 -0.01 19m -0.01%
10.26.2012 18:06 10.26.2012 18:10 GBPUSD Sell 0.02 - 1.60992 1.61052 1.60992 6.0 0.01 3m 0.01%
So the money only flows in on larger Levels.
W/100% Credit Bonus.
Baselotsize = 0.01
MaxOrderLevels = 9
SuperCharge = True
SafeMode = 7
SafeModeLogic = 5
ShortCycles = True
PAIRS: EURUSD - GBPUSD - EURCAD - EURJPY - CADCHF - EURCAD
I've never used this broker or traded on nano lots. It's weird to see a trade close at 5 pips profit and not receive a gain. 10 pips will equal 1 cent on the baselot of 0.01.
Nano Accounts: This actually creates a problem on some shortcycles that reach only Level 2 and close out under 10 pips because the 0.01 closes at $- 0.01 and the 0.02 closed at $ +0.01 = Zero Net Gain
10.26.2012 17:51 10.26.2012 18:10 GBPUSD Sell 0.01 - 1.60992 1.60931 1.60992 -6.1 -0.01 19m -0.01%
10.26.2012 18:06 10.26.2012 18:10 GBPUSD Sell 0.02 - 1.60992 1.61052 1.60992 6.0 0.01 3m 0.01%
So the money only flows in on larger Levels.
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 26, 2012 at 18:13
A Pip Gain of 8 does close out at a Positive Net Gain on EURJPY Pairs. That is good to know.
10.26.2012 15:58 10.26.2012 16:44 EURJPY Sell 0.01 - 103.14300 103.05800 103.14300 -8.5 -0.01 46m -0.01%
10.26.2012 16:30 10.26.2012 16:44 EURJPY Sell 0.02 - 103.14300 103.22800 103.14300 8.5 0.02 14m 0.02%
10.26.2012 15:58 10.26.2012 16:44 EURJPY Sell 0.01 - 103.14300 103.05800 103.14300 -8.5 -0.01 46m -0.01%
10.26.2012 16:30 10.26.2012 16:44 EURJPY Sell 0.02 - 103.14300 103.22800 103.14300 8.5 0.02 14m 0.02%
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 26, 2012 at 18:15
A Pip Gain of 5 and under result to Zero Net Gain:
10.26.2012 13:44 10.26.2012 15:34 EURUSD Sell 0.01 - 1.28978 1.28928 1.28978 -5.0 -0.01 1h 50m -0.01%
10.26.2012 15:09 10.26.2012 15:34 EURUSD Sell 0.02 - 1.28978 1.29028 1.28978 5.0 0.01 25m 0.01%
10.26.2012 13:44 10.26.2012 15:30 EURCAD Sell 0.01 - 1.28594 1.28546 1.28594 -4.8 -0.01 1h 45m -0.01%
10.26.2012 15:13 10.26.2012 15:30 EURCAD Sell 0.02 - 1.28594 1.28642 1.28594 4.8 0.01 17m 0.01%
10.26.2012 13:44 10.26.2012 15:34 EURUSD Sell 0.01 - 1.28978 1.28928 1.28978 -5.0 -0.01 1h 50m -0.01%
10.26.2012 15:09 10.26.2012 15:34 EURUSD Sell 0.02 - 1.28978 1.29028 1.28978 5.0 0.01 25m 0.01%
10.26.2012 13:44 10.26.2012 15:30 EURCAD Sell 0.01 - 1.28594 1.28546 1.28594 -4.8 -0.01 1h 45m -0.01%
10.26.2012 15:13 10.26.2012 15:30 EURCAD Sell 0.02 - 1.28594 1.28642 1.28594 4.8 0.01 17m 0.01%
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 26, 2012 at 18:18
This is weird. Same Pip Gain but one trade receives profit and other trade does not
10.26.2012 11:30 10.26.2012 11:43 GBPUSD Buy 0.01 - 1.61246 1.61176 1.61246 7.0 0.00 12m 0.00%
10.26.2012 11:17 10.26.2012 11:29 GBPUSD Buy 0.01 - 1.61169 1.61099 1.61169 7.0 0.01 11m 0.01%
10.26.2012 11:30 10.26.2012 11:43 GBPUSD Buy 0.01 - 1.61246 1.61176 1.61246 7.0 0.00 12m 0.00%
10.26.2012 11:17 10.26.2012 11:29 GBPUSD Buy 0.01 - 1.61169 1.61099 1.61169 7.0 0.01 11m 0.01%
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 27, 2012 at 06:43
Thanks for following!
New Features List
https://www.pipinvestment.com/update/forex-identity-new-features
New Features List
https://www.pipinvestment.com/update/forex-identity-new-features
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 28, 2012 at 12:54
Forex Identity users can now Freeze the EA from entering New positions once a Basket is closed out. The FreezeMode works in conjunction with SafeMode therefore the Buy or Sell OrderLevel must be greater than the SafeMode before the FreezeMode engages. Once the FreezeMode is engaged, it will Freeze that direction after the Basket is closed out at profit.
Therefore, the EA will Freeze only the Buy side if the Buy OrderLevel is above the SafeMode and the Sell orders will continue to trade until the sell OrderLevel also reacesh above the Safemode. At that point, the Basket would need to be closed out at a Profit and then the FreezeMode will be fully engage. FreezeMode would then prevent any positions from opening in both BUY and Sell Directions. Forex Identity will need to be restarted be re-initializing (re attach to chart) or FreezeMode must be turned OFF, than back ON, if the user wants to use this feature again.
Therefore, the EA will Freeze only the Buy side if the Buy OrderLevel is above the SafeMode and the Sell orders will continue to trade until the sell OrderLevel also reacesh above the Safemode. At that point, the Basket would need to be closed out at a Profit and then the FreezeMode will be fully engage. FreezeMode would then prevent any positions from opening in both BUY and Sell Directions. Forex Identity will need to be restarted be re-initializing (re attach to chart) or FreezeMode must be turned OFF, than back ON, if the user wants to use this feature again.
Oct 29, 2012 at 22:09
(edytowane Oct 29, 2012 at 22:35)
It is Cents account, it shows $136 on FXbook chart, But it is really 13,600 cents, Do not put $136 to run it, it will blow up your account.
Also, Just one thing to warn user of XEmarket, They don't like Forex Envy because it keeps on modifying basket orders and it overloaded their server, as most Grid martingale EA will modify basket, you never know they like it or not, may be, they fix their server overload problem now.
This EA looks pretty good, reasonable profit and low DD, most important, you look at long/short won are higher than other EA, beside, profit factor is amazing 5-6, it is hard to see anything more than 2.5, anyway, time will tell, we will really see this EA when crisis come with true DD.
now I have a reference setting to test now.
I will buy this EA for next few days and test it.
https://www.videoconverterplus.com/software-misc/forex-identity_1050173.html
Just find a discount link for it, not sure that it is real or not.
You should also consider set up some IB brokers link under your webpage, I have been using Forex Envy for few months, ( Forex Envy do lots of trades), I paid more than $500 IB fee( More than I paid for Forex Envy $379) , (Their broker link embeded with IB code, They never tell you about this, I don't mind to pay for IB as long as their program is good anyway.
Also, Just one thing to warn user of XEmarket, They don't like Forex Envy because it keeps on modifying basket orders and it overloaded their server, as most Grid martingale EA will modify basket, you never know they like it or not, may be, they fix their server overload problem now.
This EA looks pretty good, reasonable profit and low DD, most important, you look at long/short won are higher than other EA, beside, profit factor is amazing 5-6, it is hard to see anything more than 2.5, anyway, time will tell, we will really see this EA when crisis come with true DD.
now I have a reference setting to test now.
I will buy this EA for next few days and test it.
https://www.videoconverterplus.com/software-misc/forex-identity_1050173.html
Just find a discount link for it, not sure that it is real or not.
You should also consider set up some IB brokers link under your webpage, I have been using Forex Envy for few months, ( Forex Envy do lots of trades), I paid more than $500 IB fee( More than I paid for Forex Envy $379) , (Their broker link embeded with IB code, They never tell you about this, I don't mind to pay for IB as long as their program is good anyway.
Oct 30, 2012 at 03:07
(edytowane Oct 30, 2012 at 03:11)
Just a suggestion.
You might consider put your live cent account in Trade Fort, Their bonus is almost real while XEmarket 's bonus is fake.
Beside, Trade fort spread is lower than XEmarket
Both broker's data are very fast.
Trade fort has free VPS for deposit more than $1,000
Unforturnaty, Trade fort is not regulated, so no big money.
Trade fort has server problem once awhile.
You might consider put your live cent account in Trade Fort, Their bonus is almost real while XEmarket 's bonus is fake.
Beside, Trade fort spread is lower than XEmarket
Both broker's data are very fast.
Trade fort has free VPS for deposit more than $1,000
Unforturnaty, Trade fort is not regulated, so no big money.
Trade fort has server problem once awhile.
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 30, 2012 at 06:32
Hi Ricky, the Link for the discount is fake. They trick you so you sign up under their Affiliate link. You will see this, when the link redirects you to the check out.
My Live account is trading Nano Lots, so the small balance is equivalent to $125,000 trading 0.01 Lot micro lots.
As I mentioned before, The Rebates are for the customers =) https://www.pipinvestment.com/rebates
Thanks for the info on XEmarkets and TradeFort
My Live account is trading Nano Lots, so the small balance is equivalent to $125,000 trading 0.01 Lot micro lots.
As I mentioned before, The Rebates are for the customers =) https://www.pipinvestment.com/rebates
Thanks for the info on XEmarkets and TradeFort
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 30, 2012 at 09:27
Update:
All Short Cycles have been changed to Long Cycles for the upcoming News release 😀
All Short Cycles have been changed to Long Cycles for the upcoming News release 😀
Uczestnik z Dec 22, 2011
18 postów
Oct 30, 2012 at 11:04
Hi, ForexScam. How are you.
Can i use Forex Identity in my US$3,000 standard account trading only one pair, or do i need to use the EA only on nano account with that balance?
Thanks.
Can i use Forex Identity in my US$3,000 standard account trading only one pair, or do i need to use the EA only on nano account with that balance?
Thanks.
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 30, 2012 at 11:51
@iamfxfapturbo Fine Thanks.
Yes you can. Here are the settings for any ONE pair you would like to use
Baselotsize = 0.01
MaxOrderLevels = 9
SuperCharge = True
SafeMode = 5
SafeModeLogic = 4
ShortCycles = False
The broker must provide Min 200:1 Leverage and 0.01 Lots . If they can offer 500:1 , you can increase the MaxOrderLevel =11.
Yes you can. Here are the settings for any ONE pair you would like to use
Baselotsize = 0.01
MaxOrderLevels = 9
SuperCharge = True
SafeMode = 5
SafeModeLogic = 4
ShortCycles = False
The broker must provide Min 200:1 Leverage and 0.01 Lots . If they can offer 500:1 , you can increase the MaxOrderLevel =11.
Oct 30, 2012 at 12:32
I bought your Forex Identity EA, So much functions,My English is not good, I need sometime to figure out how it works before I put some real Cents account money for testing.
Trying to internal transfer some money from both XEmarket or Tradefort without luck.
XEmarket - all trades must be closed before internal fund transfer.
Trade fort - funding is locked for 3 months, unless I give up bonus.
Trying to internal transfer some money from both XEmarket or Tradefort without luck.
XEmarket - all trades must be closed before internal fund transfer.
Trade fort - funding is locked for 3 months, unless I give up bonus.
Uczestnik z Dec 22, 2011
18 postów
Oct 30, 2012 at 12:55
ForexScam, thanks for the answer.
However, i have two questions: why can't i use ShortCycles=True in my account? Is that too risky? If i understand, using ShortCycles=True increases profits, but increases drawdown too.
The other question is: since your Ea is a marginale Grid, can i withdraw the profits weekly, or monthly, to another account, so if the account blew up, i have balance enough to use the EA again?
Thanks.
However, i have two questions: why can't i use ShortCycles=True in my account? Is that too risky? If i understand, using ShortCycles=True increases profits, but increases drawdown too.
The other question is: since your Ea is a marginale Grid, can i withdraw the profits weekly, or monthly, to another account, so if the account blew up, i have balance enough to use the EA again?
Thanks.
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 30, 2012 at 13:02
(edytowane Oct 30, 2012 at 13:05)
@Rickyv101 - contact me at [email protected] and I can help. What is your native language? Just PM me if you like. Wow, thanks for sharing the info these brokers, I had no idea they had rules for internal transfers. To me, that is not fair at all. Especially at XE. ( Closed Trades). Terrible.
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Oct 30, 2012 at 13:05
@iamfxfapturbo You can use ShortCycle to achieve more gains, but the Drawdown can increase faster. However, use the SafeMode == 4 and this will decrease the DD. The rest of the setting, leave alone.
Yes, Pull out profits every other week. No harm in this money management.
Yes, Pull out profits every other week. No harm in this money management.
forex_trader_38021
Uczestnik z May 31, 2011
54 postów
Nov 01, 2012 at 09:06
did the account stop updating? are you planning to keep using this account with your latest version of Forex Identity?
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Nov 01, 2012 at 10:56
(edytowane Nov 01, 2012 at 11:15)
Capital Requirements-
Very Aggressive Setting.
These are the setting that I'm using Live. Actually I started out a little underfunded, but My Balance is almost in line with these figures. NOTE: at this level, you would need a High leveraged Account, otherwise these setting wouldn't work for you. ( you couldn't reach level =10)
$3000 Per Pair on Std Account - IBFX AU minlot 0.01 = 1 pip = 10cents
$300 Per Pair on Cent Account - IBFX AU minlot 0.01 = 1 pip = 1cent
$30 Per Pair on nano Account - XeMarkets 0.01 = 10 pip = 1cent
These setting are smarter. This would increase your Pip Window Significantly
$10000 Per Pair on Std Account - IBFX AU minlot 0.01 = 1 pip = 10cents
$1000 Per Pair on Cent Account - IBFX AU minlot 0.01 = 1 pip = 1cent
$100 Per Pair on nano Account - XeMarkets 0.01 = 10 pip = 1cent
What is a Pip Window? The Pip Window is the amount of Pips the Market can move against you once you reach Level 10 without running out of Margin!
**&%&*# *** Remember this is PER CURRENCY PAIR YOU TRADE
Very Aggressive Setting.
These are the setting that I'm using Live. Actually I started out a little underfunded, but My Balance is almost in line with these figures. NOTE: at this level, you would need a High leveraged Account, otherwise these setting wouldn't work for you. ( you couldn't reach level =10)
$3000 Per Pair on Std Account - IBFX AU minlot 0.01 = 1 pip = 10cents
$300 Per Pair on Cent Account - IBFX AU minlot 0.01 = 1 pip = 1cent
$30 Per Pair on nano Account - XeMarkets 0.01 = 10 pip = 1cent
These setting are smarter. This would increase your Pip Window Significantly
$10000 Per Pair on Std Account - IBFX AU minlot 0.01 = 1 pip = 10cents
$1000 Per Pair on Cent Account - IBFX AU minlot 0.01 = 1 pip = 1cent
$100 Per Pair on nano Account - XeMarkets 0.01 = 10 pip = 1cent
What is a Pip Window? The Pip Window is the amount of Pips the Market can move against you once you reach Level 10 without running out of Margin!
**&%&*# *** Remember this is PER CURRENCY PAIR YOU TRADE
forex_trader_32776
Uczestnik z Mar 28, 2011
1008 postów
Nov 01, 2012 at 10:56
roger11 posted:
did the account stop updating? are you planning to keep using this account with your latest version of Forex Identity?
I've contacted Myfxbook a few hours ago about the autodate not working. The account is still active and will continue to be traded. I hope to have it updating soon!
