After bugs in v 1. The live account is now lower than when Crescendo was launched back in Sept. If the myfxbook hadn't been stopped for some reason technical or otherwise all trades would now be closed due to the rise in the GBPJPY pair from the 15th Feb, 16th, and todays rise. I then went back to demo trading again with great results enough so that i went backto love trading and again experienced huge draw downs and the robot continued to but in the wrong direction adding to the losers.
If I ever get this to turn around and get out at break even i will shut it down never to use it again. I would run as far and as fast as you can from this EA. Too much risk for such small profits. I have been running this EA on a live account since October I began with version 1. These are the readings of equity not balance percent change since initial deposit..
I have crescendo on a demo. So far after a month I am up 8. I am tempted to go live but will run this out on demo till the trial return time is up to make sure. This is not for the faint of heart and at times I want to tell it to quit buying when the market is in sell mode but so far it has always given me a profit overcoming the losses.
It does have some pretty big draw downs so if you can't handle that you better stay away. I know with real money I would get nervous but so far the system is a winner. Been running this EA for a month now on a live account with Alpari. I'm using the recommended settings. Of all the ea I've bought this one is very refreshing to see it works. The webinar said it wasn't martingale, but going by what the EA does compounding loss, what else could it be but Martingale. I have been running this on a demo account for a couple of weeks.
I don't think I would be comfortable with this on my real money account. A robot like many others that produces very small gains with a risk to lose large amounts of money. I will probably ask for a refund on this one. Forexcrescendo is probably the best EA on the market right now. Time will tell and I'm looking forward to great trading results.
This EA is definitely different and support is excellent. I bought this when it came out and so far it has operated flawlessly. So far it has not lost a single trade that it didn't make a double winner 2nd trade opened and closed both simultaneously. Stops are large but lot sizes are very small relative to the account size. I realize the markets have been trending in the last couple weeks, so that may account for the success, who knows.
I'll update if it starts to fail in sideways markets. But for now, 5 STAR for sure!!! It's still early days for me yet with Forxcrecendo but so far I'm impressed with this EA and the support. Live discussion Join live discussion of ForexCrescendo. Video Your company video here? Let other traders know if this service is worth checking or should be avoided.
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