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PowerFlow EA - Low Risk (By timjaeger )
| Gain : | -65.38% |
| Drawdown | 84.48% |
| pips: | -1834.7 |
| Trades | 340 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:50 |
| Trading: | Automated |
PowerFlow EA - Low Risk Discussion
Mar 17, 2015 at 01:34
948 Views
6 Replies
forex_trader_165856
Member Since Dec 03, 2013
599 posts
Apr 29, 2015 at 07:32
AUDNZD would have been the perfect pair for the martingale grid strategy if it continued to have small daily ranges. Markets change and the strategies need to adapt to prevent failures. It is good to know you didn't lose money like the vendor lost 6k of deposit and 6 months of profit already this week on his low risk account. https://www.myfxbook.com/members/Forex21/powerflow-ea-finfx-wwwforex21com/1077152 The markets are extremely volatile these past few weeks. https://www.myfxbook.com/forex-market/volatility
Apr 29, 2015 at 08:57
There is no "low risk" when trading is based on grid strategies. What you need is just a big account and a lot of time to pray to see the retracement you are waiting for! Last time i saved my account, closed all trades manually. No more grids for me! :-)
forex_trader_165856
Member Since Dec 03, 2013
599 posts
Apr 29, 2015 at 12:16
Yes I agree. Any system of mine that opens more than 1 order are all hurting badly and waiting for the markets to reverse. It is never joyful until the basket is closed. Five days of momentum without any slowdown can kill small accounts.
Member Since May 20, 2011
694 posts
Apr 29, 2015 at 13:00
Powerfolw is the classic example of why martingale will never work in long run. Anyone who tries to experiment or make it work is wasting time.
forex_trader_165856
Member Since Dec 03, 2013
599 posts
Apr 29, 2015 at 15:43
@FXtrader2010 The risk is never worth the reward and yes it is always an experiment that turns out to be waste of time and energy.
https://www.myfxbook.com/members/Forex21/powerflow-ea-finfx-wwwforex21com/1077152
https://www.myfxbook.com/members/Forex21/powerflow-ea-finfx-wwwforex21com/1077152
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