Forex overdrive review
You should consider whether you can afford to take the high risk of losing your money. Please check our Risk Disclosure for an up to date risk warning Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Dollar retreats after soft US business surveys, antipodeans struggle. Stock markets run into resistance ahead of big tech earnings.
Sterling climbs as Sunak takes political lead, Fed lifts Wall Street. Absence of any risk management guidelines. Fundamental analysis. Too many systems based on fundamental analysis. Day trading. Almost every course or system requires you to be glued to your computer for hours at a time. You can trade the very short term trends in the Forex markets to capture several fast, strong and potentially more profitable trends. He makes it easy to understand what Risk Management is, how to incorporate it into your trading life and how to live by its rules to protect yourself!
Bill teaches you how to master them with ease. Easy to Understand: Forex Income Engine 2.
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Aug 16, am this EA uses a Martingale Strategy. So large drawdowns can always appear. You simply have to have more money than the market in the long run. But to stand this strategy with many consecutive loosing trades, you need to have large amount of money. So the wager lot size must be as low as possible. U can publish your past trades there savely. I want to test this on my VPS and will publish something, too. It will take some months. I think, this EA will only survive if you run low risk e.
Ashraf Reply Jul 2, am I am using forexoverdrive from last 3 months. Amy Reply Jun 22, am Does it have any way to setup this robot to open 5 same pair with a little bit delay. Please assist me if it is possible With best regard Jun 24, am That will drain your account in the first week.
Jun 17, am I get margin call R ajesh Reply Apr 23, am If you are going to purchase this Ea, be sure you are at high risk. This EA has no any strategy it either buy or sell randomly with a high SL, naturally out of 10 times times you get 30pips, but in the movement market goes extremely against you loose every thing. Secondly the never respond promptly, and specially when you ask for a refund they keep mum.
Mar 14, pm admin what setting are you using to get your results on overdrive thanks Mar 12, pm Hi Admin, are you using V4? What settings are you use? Thanks Tom Reply Mar 11, pm I think if you have more balance in your account, like 10K it may do ok with some trades since it uses small trading amounts and you can go in negative for while. I noticed that sometimes it opens trades in the right direction, other times in the wrong direction causing huge draw back, but since it does small orders 0.
However I would execute the trade myself with better result for the most time. I would definitively keep an eye on open trades and sometimes get out of them with smaller loss. I do not feel safe trading with the EA now.. I have taken it off my account. I will speak to the sellers but it will be a long time before this one ever goes onto my live account again.
Marvin Doriot Reply Feb 9, am I have this expert advisor and have so for about 1 year. Not bad. I suspect that since the problems previously mentioned are news to me, that somehow you are getting clipped by the brokers dealing desk, or at least possibly your VPS is slow to revise your open orders.
Do you run too many of them? All of these things will cause conflicts between instances of MT4. Not bad. I suspect that since the problems previously mentioned are news to me, that somehow you are getting clipped by the brokers dealing desk, or at least possibly your VPS is slow to revise your open orders.
Do you run too many of them? All of these things will cause conflicts between instances of MT4. I have been with Overdrive since last fall and results are very different between all brokers. And I mean those two brokers did zilch with Overdrive but Alpari US seems to be a favorable broker vino Reply Mar 4, am Plz do the need full actuly i tried many EA all not so good and losses huge money ,,so how about this overdrive EA and send me the downlad link Feb 7, pm Hi! Do you guys have any idea how to make it profitable?
I feel based on back testing that V4 wont perform as well as V3 and seems to have different entry parameters. Feb 3, pm Hi All, Please do not get sucked into buying forex overdrive! You will regret this buy look into another robot. Raman Feb 7, am Raman, are u using a another forex ea? Feb 8, am Rogelio Hi, no not using anything else. R adinyo Reply Feb 1, pm today there was another margin call when robot entered trade for me of USD4.
The worst thing is that market go agints one the robot entered. What happening with the robot now? Pyter Reply Jan 31, pm Please I would like to know how to close one order opened by your Ea when you have some pips in profits , I need your help.
Left for abt USD Then I top up another USD today hopping to create a bigger margin and safe. Ita has made that I deposit just like for nothing? I have made a request how to set only to 1 trade at a time. But for abt 15hours already still no answer from the support? I m really upset. Your VPS is openning twice thats why its has a double trade.
It close your trade because you are getting a margin call as you run out of money in your account for the equity to use to trade Jan 28, am Hi All, Anyone recommend settings other than the default for little higher risk?? Thanks Andrew Reply Jan 28, am Have stopped using this now. Some good trades but always with huge drawdown, and the odd big loss which wiped any profit.
Not rtecommended. Jan 28, am u should always do demo testing. Pyter Reply Jan 27, pm What happen with Forex overdrive 4 , since four days I have no trade open in my micro lots account with Hotforex , my host vps is Forexvps.
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