FXGTC Xtreme EURCHF robot review

[chuck8008]

Bought it the other day. Customer service is VERY fast, mostly in a few hours or less. I got both dealing desk and ECN.
Easy set up.
I'm going to run it with ATC. They are an ECN.
Not sure if their spreads are consistent. I was happy when I was first checking them out but there has been a few times when it was about 5. Usually its like 2-3 and sometimes 4.
If not I can do Alpari, I have an account with them. I also got set up with VPS. It seems so much easier to walk away from ( walking away is why we do eas right?)
Having it on my comp is so in my face, I feel a VPS service places it 'over there'
I will let you guys know my results.


Charles

[ferran586]

Originally Posted by chuck8008

Bought it the other day. Customer service is VERY fast, mostly in a few hours or less. I got both dealing desk and ECN.
Easy set up.
I'm going to run it with ATC. They are an ECN.
Not sure if their spreads are consistent. I was happy when I was first checking them out but there has been a few times when it was about 5. Usually its like 2-3 and sometimes 4.
If not I can do Alpari, I have an account with them. I also got set up with VPS. It seems so much easier to walk away from ( walking away is why we do eas right?)
Having it on my comp is so in my face, I feel a VPS service places it 'over there'
I will let you guys know my results.


Charles

Chuck,

How did you download both files (or either for that matter)? I purchased Xtreme EURCHF and only received the link for the manual. Did you have to contact them to get them? I have done so and am waiting for their response.

Thanks,
Eric

[fxgtc]

Hi,
From August we moved monitoring on Xtreme products to ECN broker www.fxcbs.com
Performance has improved dramatically,
Contact admin@fxgtc.com if you are a licence holder and you will get ECN version.

[ferran586]

Originally Posted by fxgtc

Hi,
From August we moved monitoring on Xtreme products to ECN broker www.fxcbs.com
Performance has improved dramatically,
Contact admin@fxgtc.com if you are a licence holder and you will get ECN version.

Thanks fxgtx. I have already sent the email and look forward to hearing back from you with the instructions on how to download it.

Eric

[TiKin]

Hello Pipcop,

The EA's documentation mentions: The EA should be running from 7pm GMT to 6amGMT, in other word from 19:00 to 6 am. I am using Alpari UK and I assume it has the same time as your Alpari US account. The GMT offset is 2 hours which means your chart window should mention: Trade time 0.00 8.00 and 21.00 24.00. As far as I can tell by your statement your GMT setting is at 1 Hr as several trades have been taken just after 18:00 hour GMT which is a trading period not allowed according to the system. I wonder how could this affect performance and should I set my GMT setting at 1 just like you did. Does Alpari changes it's server time during summer months as we do in North America ?

The GMT offset for Fxcbs should then be 3 ?

See Greenwich mean time http://wwp.greenwichmeantime.com/

see the mention GMT is always the same but there is a British summer time, is there an Alpari server summer time ? . As far as I can tell if you use Alpari with GMT setting at 1, trading start 1 hour early and close 1 hour early.

[TiKin]

Just got this message from Alpari regarding server time; which confirms GMT EA setup

Summer 2
Rest of year 1

Here is the mail:

Dear Sir
Thank you for your email.
Platform time is currently GMT+2
At the end of British Summer Time it will revert to GMT+1

Best regards,

Paul Chenery
Client Services
Email: support@alpari.co.uk

[fxgtc]

Hi,
Yes alpari will move server in weekend of 25th October in line with British summer time.
Then the EA will go from GMT=2 to GMT=1.
Not every broker will move the timeclock on their MT4 server.

We loaded Xtreme to FXCBS and you can measure performance improvement dramatically against 5pip spreads Alpari.
http://www.onix-trade.net/?act=monit...tory&xid=10755

Remember, a 2 pip lower spreads improve performance by 30-40%.

Forex Global Trading Company
Specialist Automated Forex Systems
W:http://www.fxgtc.com
E:admin@fxgtc.com

Risk Warning:Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. The information in this email is for educational purposes only and does construe financial advice. FXGTC is not responsible for any losses incurred from our educational material.

[TiKin]

FXGTC >

Fxcbs broker seems good in demo, but what about live trading conditions, any experience with that ?

My experience is that demo is marvelous with just about all brokers but when you get to a live account you seem to be in another world. For instance FXDD demo was fabulous and I opened an account with them and made one trade only where I was requoted 9 times before being able to finally close it with a 3 pips gain from 25, I closed the account immediately, they never asked why !

[fxgtc]

Hi,
Price feed is the same, so spreads identical.
We just completed open our corporate account, we should have EA on it by end of week once funding arrives.

Originally Posted by TiKin

FXGTC >

Fxcbs broker seems good in demo, but what about live trading conditions, any experience with that ?

My experience is that demo is marvelous with just about all brokers but when you get to a live account you seem to be in another world. For instance FXDD demo was fabulous and I opened an account with them and made one trade only where I was requoted 9 times before being able to finally close it with a 3 pips gain from 25, I closed the account immediately, they never asked why !

[TiKin]

Originally Posted by fxgtc

Hi,
Price feed is the same, so spreads identical.
We just completed open our corporate account, we should have EA on it by end of week once funding arrives.

Good, I will be waiting for your comments and if you find their live account with close to identical performance with the demo, I will open with them a substantial account.