Buy Golden Buffalo EA With 3 Years Past Record Myfxbook DD 10%

Discussion in 'Expert advisors, trading robots, MT4 experts' started by zolim, 21 June 2024.

Stage:
Completed
Price:
1400.00 USD
Participants':
30 of 30
Organizer:
GOODMEN
Settlement fee for participation:
65 USD
  1. Brat

    Brat Member

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    I have calculated before even with swap fees, it's still very profitable. Just take number of trades done x swap fees. You can check yourself.

    https://www.mql5.com/en/signals/2233807?source=Site+Profile+Seller#!tab=stats
     
  2. paratanne

    paratanne Active Member

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    Yeah, it is profitable as long as the swap is not negative and not on either Wednesday or Fridays. Because swaps triple on these days on most brokers. As I indicated earlier, the key to this bot is managing risk. Even if you choose to use 0.2 lot instead of 1 lot as seen in the myfxbook account, you will still be profitable in the long term. You make at least 20% of the profits however you risks will be lowered by 80%.
     
  3. retsu

    retsu New Member

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  4. MIAMID

    MIAMID Member

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  5. MIAMID

    MIAMID Member

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  6. JuanP4

    JuanP4 New Member

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    Si compro esto ahora, ¿seguiremos recibiendo actualizaciones si funciona correctamente?
     
  7. w521568

    w521568 New Member

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  8. Admin

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    ok
     
  9. Santiago Cuadrado

    Santiago Cuadrado New Member

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  10. Admin

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    ok
     
  11. Binaya Aryal

    Binaya Aryal Active Member

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    #91 Binaya Aryal, 28 July 2024
    Last edited by a moderator: 29 July 2024
  12. Admin

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  13. JhonP

    JhonP Member

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    The problem i am seeing is that the Bot does very few trades and also, how much risk he is using? 10%?
     
  14. JhonP

    JhonP Member

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    Totally agree but as i see in the mql5 signal, the maxium drawdown was 10% i think its very reasonable.
     
  15. paratanne

    paratanne Active Member

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    On one of them shown on myfxbook, the drawdown was 50% but that was based on a high risk setting of committing more than 10% per trade. I think hat drawdown happened in April 2023 or thereabout. I think it is better to set it risk to 1% per trade and the system will still be profitable. Making 10% of the profits shown in myfxbook is still good money. That way, you reduce your risk also by 90% and still be making money consistently. Ultimately, the quantum speed is the best. And that should be the one we aim to get.
     
    JhonP likes this.
  16. JhonP

    JhonP Member

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    I thought we were buying the Channel Rate one that has the 10%
    https://www.signalstart.com/analysis/golden-buffalo-channel-rate/270999
     
  17. mallo

    mallo Member

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    Big Loss by Gold Veritas on 3th may 2023 due to Big Gap after rollover as there was a default of an american bank, as you can see here:
    upload_2024-7-29_15-27-34.png

    many people have lost thousands of dollars, some people even 10k dollars with Gold Veritas in that night.

    Here Golden Buffalo made huge profit on the same day with an opposite Buy Order, :rolleyes:
    upload_2024-7-29_15-30-0.png
     
  18. mallo

    mallo Member

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  19. mallo

    mallo Member

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    Anyway be careful with rollover gaps !
     
  20. jonnii28

    jonnii28 Member

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