EvolutionX robot review

[Ken Long]

Originally Posted by geekguy

Equity drawdown matters, but depending on the strategy, it may be anticipated and normal operation of the EA, specifically when using Grid or Oscillation strategies.

Equity drawdown certainly does matter. This is a spot market and all equity changes should be applied directly to the account balance. There is no need to close an order to have full access to any profits or losses.

This seems to be something that only MT4 does. For the direct benefit of the robots accounting. It allows them to hold open trades indefinately without the drawdown showing on the account balance. An unrealistic situation in real life.

[Pioneer]

I have this 2 EA in Fullversion.

[smart]

dear pipcop

what is the leverage you use ?

waiting from you

[AZJeff]

Alpari is 100 to 1 leverage and the creator of this ea indicates this ea needs to run at a much higher leverage . Such as 500 to 1 or 400 to 1. Anything else less than that the creator does not recommend it and indicates it will crash your account sooner or later. FYI, I talked to this creator a few months ago and he is a very nice person. The ea was just not for me because I do not like running ea's where you have to have that high of a margin to run it.

Regards,
Jeff

Originally Posted by smart

dear pipcop

what is the leverage you use ?

waiting from you

[Ken Long]

How is lower leverage going to crash your account sooner than higher leverage ?

Both the gains and losses will be smaller in proportion to the position size. Isnt it all relative to position size and stops, or whatever exit strategy you choose to use?

[AZJeff]

Hello,

If you visited the creators website and contacted the creator you will see why.
http://www.binoo.biz/

Regards,
Jeff

Originally Posted by Ken Long

How is lower leverage going to crash your account sooner than higher leverage ?

Both the gains and losses will be smaller in proportion to the position size. Isnt it all relative to position size and stops, or whatever exit strategy you choose to use?

[PipCop]

Originally Posted by smart

dear pipcop

what is the leverage you use ?

waiting from you

Click the Review FAQ link (up top) and then you will find the testing criteria link here:

Testing procedures - Demo/Live accounts, balances, brokerages, etc

[Ken Long]

..............................

Leverage must 1:500

Can you actually explain this, or are you just quoting what you dont understand?

.......,......................

So far, so good. We'll see how it lasts. I tend to be a little disbelieving, but I'm willing to give it a chance. I really dont know enough about how it works yet.

[andylim]

I'm testing these 2 EAs for almost a week now, with a favorable results so far. But what's concerns me much is the big floating P/L . Any comment on this, guys? Thks.

[Killer-B]

I finally got this one to trade after 3 days... Now it placed 7 trades (6 buys, 1 sell) over a 2 hour period within 5 pips of each other- [EUR/USD 4HR]

Been to the authors site, and MT4 page, but see allot of conflicting info out there-

Also, sems you have to write him for "the latest" demo version (is that what you're running here PipCop?)

Either way, does anyone have a manual or guide for this one? Am very interested based on results here and on other sites, but seems pretty fly-by-night as to how it works - Anyone know its EXIT strategy as there is no TP listed?

Cheers-

KB