Risks
What is Forexbody AutoRiskMax ?
Can a Forex account of $50 be treated exactly like a Forex account of $100k?
Believe it or not that is exactly what most expert advisors in the market today do !
With Forexbody EA we have incorporated a powerful feature that no other EA in the world have or will ever have, Not only automatically detects, symbol, broker digits, minimum lot allowed, and default leverage but also the Free margin in your account and it calculates each trade size according to the schedule shown on the right. This means the EA will make relatively better return on smaller accounts but that means risk is higher. As the account grows the risks are reduced as the EA gradually calculates smaller lots in proportion to account size. So if a small account grows to survive the 10k milestone it will have a much greater chance of surviving forever if no other manual trading is done. Also, If 50:1 default leverage is detected the EA will automatically cut lot size in half.
| New Forexbody EA V4 AutoRiskmax all new schedule |
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| Forex Account Free margin ( usable margin ) |
RiskMax used to calculate lot |
| Under $100 | Riskmax = 0.25 |
| $101 – $200 | Riskmax = 0.2 |
| $201 – $300 | Riskmax = 0.15 |
| $301 – $500 | Riskmax = 0.12 |
| $501 – $700 | Riskmax = 0.08 |
| $701 – $1000 | Riskmax = 0.07 |
| $1001 – $2000 | Riskmax = 0.06 |
| $2001 – $5000 | Riskmax = 0.05 |
| $5001 – $10000 | Riskmax = 0.04 |
| – | – |
| $500000 or more | Riskmax = 0.02 |
| The actual schedule in the EA code is much more precise in incrementing and there is no room for that here, but you should know that the Riskmax used on a 500k account is only 0.02. This makes it very safe for institutional traders. while in the meantime a worthwhile Risk/Reward combiner for very small Forex accounts. Forexbody EA is a HIGH RISK / REWARD trader for small accounts under $1000. with most brokers it is a double or nothing within days. This is due to the fact that EA is forced to use high leverage on smaller accounts to be abler to trade minimum required lots even if the minimum required lot is 0.01. |
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Gentlemen, I reviewed your test results at FPA and I have some questions for you.
I have purchased several EAs in the past and each one resulted in losses. Some were showing great results for 5-8 weeks and then the market changes like it did in the past few weeks and they took big hits and large open floating losses.
Your EA has only been tested for 2.1 weeks and it is on demo and not live testing of which it has been shown that 99.9% of all EA’s do not perform as desired or as it did in demo.
I would like to know why I should not fear buying your product and testing it and also I see nothing about a money back guarantee..I just purchased a product against my better judgement called shortseller which was on the top of the FPA list and in the three days it is trading for me my balance of 10,000.00 is now 9200.00 and my equity is 8703.00. At the time of my purchase it has a reasonable open floating loss of 374.00 but now it is around 2100.00
Lastly, I am completely computer illiterate and would like to know if your staff would do a remote download and install to my MT4 and to my VPS for any and all future uptaded versions that become available..
I would like to know any other review sites that may be testing forexbody EA..
How much is your product and please give me all the previous EA’s that you have developed and sold in the past..
TY.
stan
Thanks
Please demo our product free of charge from the first post
http://autoforexbody.com/
You do not need much computer literacy and the setup steps are very simple
You can request remote setup from within installer if you still have dificulty
You get 2 months free license immediately and upon payment we extend to never expire
How does this thing calculate lot size? On a 17K account it opens orders of 0.68 lots. Is there global Risk Percent setting that can be changed, without having to change all auto risk settings to false and setting manual sizes in 10 different places.
Actually more than 10 places, once per module other than normal module. for Normal trading module this has to be done for every active trade
Global riskmax is available in our recent versions 411 and up
i m interesting in forex work.how can expert in this field.plz guide line me i willhope u reply as soon as possiable,thanx
I suggest you start a demo account and practice for few months or use our EA it is free for 2 months from the first post on the site