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thanks
do you live in Australia ?
i opened a demo already and everything rolls with blessing
if you already have a live with them tell me if ea behaves great with their ECN mt4
As they dont allow us citizens it's hard to find reviews on them
regards
Hello Alex,
Yes in beautiful Sydney.
I did some checking with ASIC (Australian Securities and Investment Commission), in other words
“Businesses Watch Dog”. There was nothing peculiar about them.
The company launched they operation on the 16th of May 2008, in association with Saxo bank.
I spoke with one of their sales people yesterday.
As you mentioned, the minimum lot of a standard account is 0.01 (10c/pip), with increments of 0.01.
No minimum deposit, up to 50 lots of open positions. They don’t have a trade desk.
They must be operating the live trading in the same way as demo (fully automated)
The account can be opened in most of the majors.
I am demo-ing on their platform on Eur/Usd and Aud/Cad, and everything works fine.
Hello all,
I'm attaching a set file which I'm forward testing on EURUSD at the moment. The backtest seems pretty good with only 26% drawdown with a £2000 account, EP set to 50%. Looks like it can withstand several more progressions than its needed to in the past few months.
Hello all,
I'm attaching a set file which I'm forward testing on EURUSD at the moment. The backtest seems pretty good with only 26% drawdown with a £2000 account, EP set to 50%. Looks like it can withstand several more progressions than its needed to in the past few months.
Hello everyone,
We should consider ourselves lucky to be given such a powerful tool for trading.
FE, Iron and others, have spent thousands of hours to perfect this EA.
The only way we can be grateful to them, is to express our appreciation and:
Optimize, Back test, Forward test and Post the results and the xxx .set files.
Here is another demo on Eur/Usd since 11 of March.
Hello all,
I'm attaching a set file which I'm forward testing on EURUSD at the moment. The backtest seems pretty good with only 26% drawdown with a £2000 account, EP set to 50%. Looks like it can withstand several more progressions than its needed to in the past few months.
Thanks bobster.
One question: is this set file for 5 minute chart?
the float (and DD) wont be much reduced as float grows faster than profit, whatever the trend is. We just make a little more profit during the same period if we trade both ways. As we dont follow the ma trend we need to have large enough balance to survive the periods we're not in the main trend.
I'm running fwdtests with modified eas to check this, i dont want to polluate the thread so far as it's not the FE/Iron basis theory. But ill keep posted if i ever find interesting stuff.
Have a good trading day
alex
Hello Alex,
Yes in beautiful Sydney.
I did some checking with ASIC (Australian Securities and Investment Commission), in other words
“Businesses Watch Dog”. There was nothing peculiar about them.
The company launched they operation on the 16th of May 2008, in association with Saxo bank.
I spoke with one of their sales people yesterday.
As you mentioned, the minimum lot of a standard account is 0.01 (10c/pip), with increments of 0.01.
No minimum deposit, up to 50 lots of open positions. They don’t have a trade desk.
They must be operating the live trading in the same way as demo (fully automated)
The account can be opened in most of the majors.
I am demo-ing on their platform on Eur/Usd and Aud/Cad, and everything works fine.
Best Regards
George
YES i'm about to start a live with them
they look fine and most of all they are very quick
i'll keep you informed
by the way they allow hedging for those who need
YES i'm about to start a live with them
they look fine and most of all they are very quick
i'll keep you informed
by the way they allow hedging for those who need
Thanks Alex
We wait for your information about this broker
First of all thanks to everyone that contributed to this EA. I was testing it for 1 month now on alpari 3000$ demo acount on one pair (USDJPY) and it went up for 18%. The highest it went was 7 levels. Now i would like to open live acount with 1000$ on IBFX (allready demotesting with 2 pairs eurusd&usdjpy). Now just a few questions to see if i understand everything.
I took set files from irons post #983 USDJPY D1 & EURUSD H4.
I would like to give it a little more room to breathe so i set initial account to 500 and portion to 2. Is this right or should i set it to 2500 since i trade two curencies.