NEW! MetaTrader Expert Advisor "STOMPER EURGBP"

[silanarchy]

hi people,

new to forex and trading, so i am looking for a robot or expert ?

any ideas of which is best, or better still, where i can get it ?

Hi Vlad, I highly suggest the forex tracer and the forex funnel, they are mass marketed EA'S but work extremely well which you wouldnt expect from those dodgy google sellers. I use them in tandam, forex tracer on the EURUSD M30 and the forex funnel on the USDJPY H1. They both have magic numbers so you dont have to worry about them running with each other. It is highly important you follow the lot size settings for them. forex funnel = 0.012 lots for each $2500 and the forex tracer = 2.5 lots per 50000 from experience. If you want to save the $250 U.S for them let me know. for the month ended i made a 80% profit forward testing with both of them on and compounded my profits via the lot size settings manually because there is no money management parameter built in. I now have 3 EA'S running including the EURGBP Stomper.

regards

Sil

 

[JOSHUA_NG]

sil mate,

That instruction of 0.01 lot per 2500 (Forex Funnel) is for mini or standard account? I am using 0.1 on mini account at IFBX for 2000 and I guess that’s correct?

Now a little history, I started the $2000 demo MINI account with 200:1 on 14th Oct. It did make money consistently, maybe about 30-50 bucks a day. On the 23th it was around $2400

Then on the 23th it suddenly had a $640 losses and then another $520 losses on the 24th. Now my mini demo account left with $1086.

I did a back test from Oct 22 till today and the back test result did not show such losses. I also emailed the developer, giving them the screenshots and they replied saying that they didn’t experience such losses during those times.

On the 23rd, there is a strong downtrend which FF should have made money instead. On the 24th there is a strong uptrend, but still how could it lose till $520 on a 0.1 lot size mini account?

Sil, can you help to explain this occurence?

Regards,

Joshua

 

[silanarchy]

sil mate,

That instruction of 0.01 lot per 2500 (Forex Funnel) is for mini or standard account? I am using 0.1 on mini account at IFBX for 2000 and I guess that’s correct?

Now a little history, I started the $2000 demo MINI account with 200:1 on 14th Oct. It did make money consistently, maybe about 30-50 bucks a day. On the 23th it was around $2400

Then on the 23th it suddenly had a $640 losses and then another $520 losses on the 24th. Now my mini demo account left with $1086.

I did a back test from Oct 22 till today and the back test result did not show such losses. I also emailed the developer, giving them the screenshots and they replied saying that they didn’t experience such losses during those times.

On the 23rd, there is a strong downtrend which FF should have made money instead. On the 24th there is a strong uptrend, but still how could it lose till $520 on a 0.1 lot size mini account?

Sil, can you help to explain this occurence?

Regards,

Joshua

Hey josh that 0.01 is for anything mini or standard and ill tell you where you went wrong, you set it to 0.1 for your $2000 which is far to high and yea I have noticed a trend with the FF that it tends to do this around that date and is usually on a late thursday night. The developer was right in saying that they havnt had this happen to them because they are using the 0.01 lot size per $2500 which im guessing you accidentally thought was 0.1, now why this happened was because the forex funnel is based around a martingale method where it doubles the lot sizes automatically if it feels the need, now what happened and "this did happen to me originally as well when i tested it out", is that the doubling got way to high for the account balance thus the margin depleted and the broker did the safety measure and cut your losses automatically. Now the reason why they say in the pdf that 0.02 lots can be used but 0.01 lots are reccommended is because of this reason, when the doubling gets higher than usual your margin cant handle it and your broker intervenes. So in conclusion STICK to 0.01 lots per $2500 and im sure this wont happen again to you. I got greedy and used 0.02 lots and paid the price thats what happened to me.

good luck

Sil

 

[Starry]

Hey josh that 0.01 is for anything mini or standard and ill tell you where you went wrong, you set it to 0.1 for your $2000 which is far to high and yea I have noticed a trend with the FF that it tends to do this around that date and is usually on a late thursday night. The developer was right in saying that they havnt had this happen to them because they are using the 0.01 lot size per $2500 which im guessing you accidentally thought was 0.1, now why this happened was because the forex funnel is based around a martingale method where it doubles the lot sizes automatically if it feels the need, now what happened and "this did happen to me originally as well when i tested it out", is that the doubling got way to high for the account balance thus the margin depleted and the broker did the safety measure and cut your losses automatically. Now the reason why they say in the pdf that 0.02 lots can be used but 0.01 lots are reccommended is because of this reason, when the doubling gets higher than usual your margin cant handle it and your broker intervenes. So in conclusion STICK to 0.01 lots per $2500 and im sure this wont happen again to you. I got greedy and used 0.02 lots and paid the price thats what happened to me.

good luck

Sil

But on mini also must use 0.01????

I thought 0.01 lots on standard = 0.1 lots on mini correct???

 

[silanarchy]

yea mini is 0.01 standard is 0.1 remember 0.1 is larger than 0.01
It does not matter what type of account you have when you are using the forex funnel use 0.01 lots per $2500.
So if you have an account with $10000 use 0.04 lots. If your using a mini account make sure your leverage is 200:1 and
that your broker supports 0.01 lots. Everything is explained in the pdf file that came with it so refer to that.

 

[vlad36]

Yes sure I want to save the $250 U.S for them. It's live or demo runing?

 

[vlad36]

Yes sure I want to save the $250 U.S for them. It's live or demo runing?
I'm not able to send PMs.

Hi Vlad, I highly suggest the forex tracer and the forex funnel, they are mass marketed EA'S but work extremely well which you wouldnt expect from those dodgy google sellers. I use them in tandam, forex tracer on the EURUSD M30 and the forex funnel on the USDJPY H1. They both have magic numbers so you dont have to worry about them running with each other. It is highly important you follow the lot size settings for them. forex funnel = 0.012 lots for each $2500 and the forex tracer = 2.5 lots per 50000 from experience. If you want to save the $250 U.S for them let me know. for the month ended i made a 80% profit forward testing with both of them on and compounded my profits via the lot size settings manually because there is no money management parameter built in. I now have 3 EA'S running including the EURGBP Stomper.

regards

Sil

 

[gundam98]

But on mini also must use 0.01????

I thought 0.01 lots on standard = 0.1 lots on mini correct???

For Forex Broker with mini account eg. Instaforex,
0.1 lot is standard, 0.01 lot is mini

For Forex Broker with cent account eg. Liteforex (Liteforex),
0.1 lot is mini, 1.0 lot is standard

 

[silanarchy]

Spot on Gundam, you need to get off liteforex for forex funnel and if your wanting a mini account you need a broker that supports 0.01 lots.

 

[silanarchy]

To Vlad,
check out forexfunnel.com then forextracer.com first then if you understand it all get back in touch with me. Theres alot of marketing bullshit on their pages but just put that to the side and read through it all.