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Thread: Forex Boomerang

  1. #11
    Junior Member
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    Jan 2009
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    5

    Default

    Hello wannaberich, could you post the settings and pairs you're using? Did you backtest on your live account to find the settings? Which broker are you running it with?

    Thank you

  2. #12
    Senior Member
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    Australia
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    Here are the results on the 5 min chart which is what i am trading it with on the live account, they reccomend using the eurusd 1 hour pair, however i get better results on the 5 min chart, this is there defult settings

  3. #13
    Junior Member
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    Jan 2009
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    17

    Default Set Up

    Hi Hannaberich

    Can you post your set up for use in 5 min ?

    I was testing in 1 H and it was good but sudently it lost almost all account.

    Thanks

  4. #14
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    Default

    So far using my live data the best results i get is on the eurusd 5 min chart, there reccomended settings on the 1 hour chart just gives me losses, but that is probably because of my data source and not the EA.


    Here is my test and set using microlots and an account balance of $200
    Attached Files Attached Files

  5. #15
    Junior Member
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    Jan 2009
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    17

    Default Set up

    Hi

    I load your set up but it seems default conditions, TP 90 and SL 110, dont you think it is too much to 5 M ?

    Thanks

  6. #16
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    ctritany

    sorry about that, i posted the wrong set files, the ones i posted were for the 1 hour chart, i am doing a new optimization on the 5 min chart now, when finished i will post the best set

  7. #17
    Junior Member
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    Jan 2009
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    17

    Default Retraces

    When this EA open an order market always retraces too much and order became negative for a long time, if we coud modify this including reverse trade, it never loss a trade.

  8. #18
    Junior Member
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    Jan 2009
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    I am thinking of buying this EA, but with the settings they use, it looks like it would blow the account out with 3 losses in a row. Which would be a little risky.
    If there is anyone else actually usinging it, I'd appreciate the info.

  9. #19
    Junior Member
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    Mar 2009
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    Hi I bought it around chistmas when i put it on demo it blow out the a/c it less than 2 wks it leaves 100 untouched, i havnt bothered much with it since looks like only a few people bought it

  10. #20
    Senior Member
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    Jan 2009
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    Australia
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    Default

    yeah its not good at all, i was lucky that i used it on my demo account only and after some time my account also blew up, it certainly does not do what they say.

    I am not fussed i got my money back through click bank. Another reason why i will never buy another EA unless i can demo it first

    Quote Originally Posted by goldfish View Post
    Hi I bought it around chistmas when i put it on demo it blow out the a/c it less than 2 wks it leaves 100 untouched, i havnt bothered much with it since looks like only a few people bought it

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100, backtest, breakout, broker, demo, eurusd, forex, free, live, live account, low, profit, small account, stop, system, test, time, trader, trading

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