LIVE - Demark lines robot review - real cash account - BUSTED! -$2719

[forexpop]

Hello - is the setting for the EA inside the demark.set file ? my windows browser cannot open .set file. can put setting in a simple .doc file ?

many thanks .

Happy new year

[forexpop]

Is this EA following some kind of market trend when it was created and should we stop it if it is against the trend and enabled it when the trend is with it ?

[Killer-B]

Originally Posted by forexpop

Hello - is the setting for the EA inside the demark.set file ? my windows browser cannot open .set file. can put setting in a simple .doc file ?

many thanks .

Happy new year

Sounds like you're new to MetaTrader 4 (which is fine, we all have to start somewhere) - but the .SET file is not meant to be "read" or opened manually - it's a preset file that goes into your /PRESET folder within your MT4 account....

Then later - when you're setting up the EA, you'll see the option to "load" saved settings... this is when you'll see it (once you've placed it into the correct folder)

Originally Posted by forexpop

Is this EA following some kind of market trend when it was created and should we stop it if it is against the trend and enabled it when the trend is with it ?

Demark is really a manual signal trader... and is one of the more complex trading signals around... An automated EA has been long-desired (I don't know who authored this one) but if you Google Demark + Forex you'll find a slew of info as to how it's supposed to work and the theories behind it - RTFM

That aside, I'd not use this EA - or would only trade it manually - as I suspect that no one has been able to create a solid bot to fully utilize the Demark signals.... and probably why it failed miserably here - I'd look at others...

Just my .02

GL

[forexpop]

Is this ea same as the DEMARK TRENDLINE TRADER 2 ?

[Ken Long]

You'll need to supply more information than that, unless some one is familiar with the Trendline Trader 2. Where can we find it? Does it have open source code like this one? If so you can easily compare the two. More likely its anouther EA based on the Demark Lines indicator .

[Richard]

Hi
I have some question to ask:
1.How is lot size ,If I choose demo acc by IBFX ?
2.How is Leverage ,it is compaire to your live acc ?
3.How is acc ? mini or standard acc by IBFX ?
4.How much the minimum deposit for use your EA?
Thanks a lot for your cooperation

[Killer-B]

Is it just me.... or do I sense something weird going on here...

PC - you checking IP's? Me thinks someone is troll-ing....

[PipCop]

Originally Posted by Richard

Hi
I have some question to ask:
1.How is lot size ,If I choose demo acc by IBFX ?
2.How is Leverage ,it is compaire to your live acc ?
3.How is acc ? mini or standard acc by IBFX ?
4.How much the minimum deposit for use your EA?
Thanks a lot for your cooperation

All settings are the default the robot uses, and all accounts are the default as detailed in the Review FAQ, specifically here.

Originally Posted by Killer-B

Is it just me.... or do I sense something weird going on here...

PC - you checking IP's? Me thinks someone is troll-ing....

How so? Feel free to PM me with details.

[civfan]

there are at least two commercial eas that use this indicator (probably are the same as this ea);

artemis

forexcrusher

do you guys know them?