EvolutionX robot review - Page 24 - Pip Cop

peteronmaui · 2009-05-08, 01:33 PM

I am wondering as well. I placed it on a Forex.com demo yesterday, so far only a few long trades. Unfortunately those live chat folks at Forex.com were a bit confused about their MT4 demos. The first one told me that they are good only for 30 days, but can be extended to 3 months upon request, after she checked with her supervisor. The second one went to work to do just that, but he vanished somewhere in cyberspace. The third one told me that MT4 demos don't expire, but get purged about every three months. So I just don't know...I would just hate to lose another demo in the middle of being hedged in a position, as I did the last three times.

**pipdetector** · 2009-05-08, 03:33 PM

I use a demo on Alpari UK and definitely it does not expire after one month (although I am getting the demo account message each time Evo does something). Isn't Forex.com a US based broker

? Weren't they suppose to ban hedging?

peteronmaui · 2009-05-08, 04:06 PM

Quote:

Originally Posted by pipdetector

I use a demo on Alpari UK and definitely it does not expire after one month (although I am getting the demo account message each time Evo does something). Isn't Forex.com a US based broker

? Weren't they suppose to ban hedging?

Please see my post # 227 above. According to their live chat this also applies to demos.
But since they did not seem to know too well what they are talking about, I have to see if I get a hedged trade.

ferran586 · 2009-05-08, 10:47 PM

Quote:

Originally Posted by pipdetector

I use a demo on Alpari UK and definitely it does not expire after one month (although I am getting the demo account message each time Evo does something). Isn't Forex.com a US based broker

? Weren't they suppose to ban hedging?

Forex.com is changing all of their MT4 account to be processed through their UK offices. They are not regulated by the NFA but by the FSA. This allows traders to continue their trading styles.

**pipdetector** · 2009-07-23, 08:48 AM

I looks that Pipcop has "released" several hanging trades. I am holding on to mine. I just want to know what (if anything) will happen after the long positions are in the green.

**PipCop** · 2009-07-23, 08:55 AM

Yes, I closed them at a loss, as this robot seems to fall asleep after a while. Last time I did this it came back to life again, so I am hoping for a repeat. It's weird, but it's making money so ... yeah.

**pipdetector** · 2009-07-23, 09:04 AM

The worst thing about the hanging positions beside the fact that they keep you in drawdown

is that they "block" the ea from doing any short

trades until the price revisits their target, this is definitely unacceptable.

carlfx01 · 2009-07-28, 09:05 AM

I downloaded a demo copy and it seems to make money so far with small amount of back testing, but I think I am seeing the hanging trade problems you guys are saying. I just start running a demo account to see how it does.

Anyone has a way to contact the author for updates? His web site http://www.binoo.biz/ seem to be down. Anyone running a real version or an update or has the source code?

Thanks!

**PipCop** · 2009-07-28, 09:18 AM

His email is zainurimuhd@gmail.com. He says it is still available, but his site is "down for maintenance". I think he lost the domain name, but he replied to my email so ... I dunno.

carlfx01 · 2009-07-28, 09:29 PM

I did some more research on Divergence and came across this EA which is what I believe EvolutionX might be; it looks and acts the same. Check out mql4 code base, http://codebase.mql4.com/4263. Now that the source is there, if someone want to fix or work together to fix the hanging problem or high float problem, here it is...