Smart FX Technology

JK: … looks good … let us know when you go live …

Hi Johnny,

Thanks for sharing this information. Are you running both EA’s (i.e. Scalper and Breakout hunter)? If yes, are you running them on the same MT4 instance or different ones? Same broker or different brokers?

Thanks in advance.

same broker same mt4 same account. The great thing is Robert will help you set it up. I have found him to be thee most helpful developer so far! He will litteraly hold your hand and walk you through the entire setup if you like. For me he created a remote session and we walked through all of my settings. Its actually very easy to do. This ea has a lot of versatility but for the most part you keep all the default settings except for risk and gmt offset. He will also ake sure your gmt setting are correct.

so far this ea is up over 43% inside of 2 weeks. I am very excited. I am definitely going live next week. These ea’s are doing really well for me. Of course I am on demo at the moment. When I go live we will see if my price feed hurts my performance. Only live forward testing will tell but as usual I will keep all you guys posted with my live results.

Johnny, Thanks for the reply. Are you using hotforex account for this or some other broker?

Thanks Johnny, this one sounds interesting. Thanks for sharing.

Hi Johnny,
Do they have real time trading result?

What happened … ??? This EA really took a dive …

Seems like another case for the broken bot junkyard. :frowning: Really a pity, the beginning seemed so promising.

Well I don’t know, the drawdown has been high and this ea gave all its gains back but since than it has climbed to back over 7% so its still looking decent to me. If this ea can conservatively earn me 10% a month I would be very very happy! So far it is holding its own and in volatile times. Scalpers are great when the markets are quiet and being predictable but with all this volatility I think it hurts performance. I’ll have to see how this one trades through September and I will know for sure if this ea is viable or not. 1 to 2 weeks is not enough time to tell.

SmartFX continues to bounce back nicely and is up to +12.77% with a monthly of almost 20%

smartfx is now on my live account. I think this ea has serious potential and I will continue to keep everyone posted.

Johnny, Can you share your settings with us? I am not seeing the same results and I am using all default settings as suggested in the manual except GMT + 3 which is what HotForex said their charts run in.

dd you load the presets that come with the ea’s?

Wow I just noticed the money back guarantee on SmartFx’s website. If you uy these ea’s and they don’t make a profit in 30 days than not only do you get your money back but you get to keep the robots for free!!! I have never heard of such a great deal. This completely takes the risk out of buying.

I will crunch some number for you guys over the weekend.

@goalmillion if you did load the presets and you still need help let me know.

hey goalmillion I have created set files for all 6 pairs. If you want I will upload them here for you.

i don’t get it … people put their REAL money in something that somebody did program; probably NEVER tested forward with REAL money, in REAL conditions, but only based on a strategy and ran it in backtest …

if i put REAL money on a EA; i want to know the strategy…

my 2 cents :slight_smile:

hi Johnny
can u please update us … we all waiting for your feedback and the rating for this EA , and im waiting for your recommendation shall i go ahead & buy it or not

thank you in advance :slight_smile:

Thanks Johnny for all the replies. Just saw your messages, I was out for the long weekend.

Yes, I did load all the presets and I would appreciate if you could upload your set files.

Thank you so much!

I like this bot so far.

So far it’s contributed about 10% on the account this month, with Euraud being the best performing with a perfect 20 from 20 record. Average win is about 13 pips.

Hi guys,
Yes I do highly recomend this bot package. Since I went live this ea has earned over 40% We took a couple of hits here and there but overall she recovers nicely!

[B]EUR/USD breakout hunter[/B] has had 42 trades 75% win rate and an overall net pips of [B]+647.7[/B] and a profit factor of 1.66
[B]USD/JPY scalper[/B] has had 22 trades win rate of a disappointing 41.5% overall net pips[B] -21.7[/B] and a pf of .76
[B]EUR/AUD scalper[/B] has had 67 trades and an amazing winrate of 92% net total of[B] 539.5 pips[/B] and a pf of 2.75
[B]EUR/GBP scalper[/B] has had 25 trades and a win rate of 83% but a net total of only [B]6.2 pips[/B] and a pf of .91
[B]EUR/CHF scalper[/B] has had 40 trades and win rate of 90% net total of [B]+44.1[/B] and a pf of .97
[B]EUR/CAD scalper[/B] has had 24 trades and a win rate of 59% net pips[B] -372.8[/B] and a pf of .23

my conclusions from this data are breakout hunter is doing well and EUR/AUD is amazing. I may increase risk a little on E/A but I will keep E/U where it is.

This strat has the benefit of having two types of traders breakout and scalper. When scalper performs poorly hunter usually does well and vice versa.

This ea depends on larger stops and smaller targets therefore it is prudent to have many winners. In the instance of EUR/GBP and EUR/CHF all the small gains got wiped out by 1 or 2 losers. This leads me to believe that EUR/AUD can give back a nice chunk of profit if we get stopped out so I will keep that in mind when I increase risk.

EUR/CAD will get a risk reduction. I don’t want to stop trading this pair but I do want to limit any damage. USD/JPY is on notice. I am not going to reduce risk yet but if this pair doesn’t improve I will certainly cut risk down on this one too.

Overall this bot is doing well and because of the diversity it is more stable. Customer support is unmatched anywhere in the industry. Anyone interested in this bot should definitely do so. Robert offers a money back guarantee but I think once you guys start using this you will not want to return it.

Ow yea one other thing. you are able to put these ea’s on as many accounts as you want as long as its on one vps. This is nice. I have so many ea’s that I am limited in my testing because there is only one live license. Not the case here.

Sorry I have been neglecting my theads guys and gals. I’m still trading. It’s just my other business has kept me very busy. I can’t tell you how many generators I have sold. Between that and trade shows I have been running around like a mad man trying to keep up.

Talk to you guys later,
John