Forex Funds Manager

[majorpips]

I'm honoured to share with you guys the results of this automated system. I hope we will all have lots of fun reviewing it, since most of us denied to participate in the market crunch from the beginning.
I'm running the system on a demo account with fxdd with a risk of 3.5%. The robot has a mechanism that partially banks profits as the pips accumulate, so a to prevent going from large profits to break even.

Starting balance: $2,434.00
Currency pair : EURUSD
Time frame: H1
Risk: 3,5%

i set the partial take profits at 65 105 145 and 325 pips. This way i get to bank profits should the trade reverse at 110 pips. I set the partial take profits to be in equal lot sizes. It trades only EURUSD.

Click on the icon on the left to view my MT4stats published statements. I will update the thread further in due course. Best of luck to all

[majorpips]

I would like to urge each and everyone of you to get a reliable VPS provider. The trade my ea took yesterday should have reduced the contract by 0.6 lots, and banked $39 at 65 pips as stated in the first post.The problem was with the VPS, it was down and i only realised it at break even point .

I guess i need to be more careful with the VPS or else tons of pips will continue to slip through my fingers. Another thing i was planning to do is make the lot size to be closed at 65 and 105 pips to be slightly higher so as to capitalize on small movements as much as possible. I will play with the pert take profits a bit to see which ones are most suitable for both trending and small moves markets.

Good luck and don't be scared to trade, scared money doesn't make none.

[majorpips]

Good day to all.

To avoid misleading people, there is something i want to clarify in respect
of the total pips that appear on MT4stats. Since the ea banks profits
as the trend proceeds, it appears as if more than one contracts were
taken, that is not the case. To get the precise number of pips banked
you have to multiply the total by 0.5, 0.5 meaning 0.05 lot size because
it is the size of each of the partial take profits.

Have a wonderful day everyone, and i wish you all great success.

[majorpips]

I thought i could share with everyone how the charts look on my
computer screen. the first one shows the entry point and some of the
part take profits, and the second one shows the situation as it stands
and we are still in the trade.

Trade responsibly.

[majorpips]

Good day happy traders.

Today we have witnessed yet again the strengths of Forex Funds Manager today
when the pair tested the price 1.40 but failed to break through.
The robot went short at 1.41381 and banked recovery at 50 pips
and the first part take profit at 65, then it spiked back up.

The ea didn't wait to hit stop loss, it got out of the trade at -2 pips,
saving us the agony of that bullish spike. Now we await the ea's decision
on direction, its gonna be a nail bitting experience since next week Friday
is NFP day.

Trade responsibly, and i wish you good pips.