Any one using FH EA, anyone had there account blown up :(, I bought it 2 months ago, already blown up one account, but I think that this ea has a lot of potential. I think the default settings carry the most risk though and I tried one setting from the new 2.3 version and it is doing great so far.
2 weeks so far, could not get past 3-4 days with the defaults, FH would just eat up free margin. The first time I closed out positions just to save what free margin I had left, The second time my account was not an account anymore. I have since then changed my settings and gone back to demo AGAIN, This week was a week where the market trended alot (EUR/JPY) and my demo handled it okay. I had another demo with my old settings and the account was chomped up the same way again, but not with the new settings
The settings I am now using came with the new version 2.3 (20TP, 45PS ,3B)
I too believe that there is the “perfect” setting for each and every pair and one cannot use settings from one pair and expect it to work the same on another.
I started with a demo account of 10000.00 and now its up to 12645.00 to day,
okay dont get too excited, it has taken 10 trading days so far, but this is still better than giving your money to a bank. averaging 264.50 per day is great stuff.:D:D:D
I recently purchased this EA just because of a reason that it is very cheap Just 39 USD and tried it with a demo account. Since it trades with 6 currency pairs it opens a minimum of 10 trades per day with a success rate of 70 to 80 % (Not 90% as mentioned in the website). But it has very strict money management system. I tried with 3% risk per trade. It opens 0.04 lot per 1000 USD free margin. Since the number of trades are more it easily fetches 25 to 40 USD per day with 1000 USD deposit. In terms of pips it is more than 100 pips per day. I bought it for two reasons.
1)It is very cheap.
2)It comes with a solid money back guarantee of 60 days.
Now I am very much satisfied with the results and am planning to upgrade to ultimo which trades 10 pairs. The good thing with this robot is the loss per trade will not exeed 2% and the maximum drawdown is just 5 %. In my cash he maximum draw down sofar is 24 USD in a 1000 USD account.
Please don’t go by demo account results totally different no requotes etc. I gave up using forex hacked on GBP/USD and EUR/USD as both demo and live accounts get badly hit. Asked the vendor/ support for help and when it still was doing damage to my account I asked for a refund THEY GO QUITE AND DONT GIVE IT TO YOU BEWARE!!! I tried it on a USD/CHF and it works brilliantly.
Forex hacked sellers are scam artists.
can someone tell me how to “activate” the settings? cause I have downloaded the EA, even modified the settings and saved it in the [B]present file[/B] but I don’t know how to activate that file? can someone please guide me