15% Off Coupon Code Below!
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Forex Hacked | GBPUSD / USDJPY / EURUSD / EURCHF | H1 / M30 | A mix of hedging, martingale and break-out. | Yes | Yes | 18-132 | Trailing take profit. | Website |
Results ($1000 turned into $35,000+)
Custom Settings (Join the VIP section to gain access to them)
Notice: Unfortunately my broker has a 500 trade limit. What this means is that MT4Live loses track of all the older trading history making the statement incomplete resulting in messed up equity graphs which you will see. The balance you see in the image above is what the account is currently up to from it’s original $1000 starting point. So That’s $35,000.00+ gain off a $1000 account in just over a year. The power of this robot can not be argued.
New Live Account (FX Open Broker)
I’ve got more test accounts in the works with new settings, and new pairs so keep checking back.
License
Forex Hacked Pro Official Real Money Account
Broker: FX Open
Account: $2000 Micro ECN/STP account running at 1:500 leverage
These tests are what you should aim for in terms of safe long term profits. Settings for each account are available once becoming a Forex Hacked member.
99% Quality Backtests
One of the very few systems of this nature that can shows profitable 5+ years backtests at 99% modelling quality across all major pairs.
Conclusion
This is a beast of an EA that while may be fun to use, should be used with caution. While I will have no problem running this on a live account, I will be doing so at low risk and withdrawing my profits every month or so. I recommend everyone doing the same if you’re trading this live. Let the fun begin!
Remember here at ForexFBI we encourage our users to comment freely about their experiences with this product including results, strategies, concerns and more. Please don’t hesitate to leave a comment or ask a question.
Visit Forex Hacked Website
15% Off Coupon (Ends In 48 Hours)
858B2D3A
Forex Hacked is a membership based platform. Therefore you must create an account on their amember back-end, then once the account is created it will direct you to their regnow.com order form. Once payment is complete, it will take anywhere from 10 minutes up to 3 hours for your account to be activated. At which point you will be able to download any version of the EA, and add your forex broker account number to your profile as the EA will be tied together with your membership for authentication purposes.
Strategy
Forex Hacked uses a form of doule-sided martingale as its core strategy, while using hedging and break-out trading as a form of protection from large draw downs. So no matter what you do, when you attach it to a chart it will make money, its just a matter of controlling the draw down. Feel free to read some of the hundreds of comments about using Forex Hacked, settings, and strategies.
I highly recommend running this robot on a forex vps for the best results as it trades very often. You can see our full forex vps comparison review here.
Recommended Brokers
Forex Hacked will not function properly on NFA regulated brokers, but will work on anything else whether it’s 4 or 5 digits and ECN or not.
FX Open is a great broker for running this sort of EA, I highly recommend it for micro accounts.
Conclusion
Forex Hacked is a very powerful EA but can also be very dangerous if you get too greedy. It can double your account size in less than a week, but it has the chance of getting a margin call if the markets go very bad and you are running high risk settings. There are many users that run moderately high-risk settings and double their equity within a 1-2 weeks, and then close all open trades when the open P/L is respectable, and withdraw their earnings and start over. A great strategy to use with this very powerful EA.
Safe To Buy?
YES!
Forex Hacked has been approved for you to purchase based on its overall profit potential and guaranteed gains as long as risk is kept under control.
Is the Forex Hacked Demo Account Settings in the VIP section still valid for Forex Hacked? If not can someone provide the ideal settings?
Hello Reny:
I am new to this great forum.
About FH, are the settings from the VIP area explained somewhere?
Thanks
@Stephane:
To answer your question, I’ll ask you another: Have you purchased the Hacked robot itself? If you have, then the documentation explains what each of the settings does.
Once you understand what they do, you will know how the number written against each setting affects your account either positively or otherwise.
You may send me an email and be specific on what you want to know about the robot. I’ll be glad to help.
Cheers,
Reny.
reny4forex@yahoo.com
Thanks Reny, indeed, I have not purchased it yet, but I am planning to do so . Great to know that the documentation explains the settings, that’s what I wanted to know actually. Thank you
Hi Reny4jar,
I have taken the advice from this website to try this FH 2.3 and wonder if the broker did not allow you to trade lot size micro (0.01) but mini (0.1) then is it safe to use this EA. ?
I have a concern with this mightygale strategy when the market go against you all the time upon a big event.
Also what is the scalper settings for this EA ? since I use the default settings.
Please asvise
@VMN:
If your broker does offer 0.10 lot rather than 0.01 lot as the base lot, and your account is not in cents, you will subject your account to a great risk during a volatile session of the market.
As for the scalper settings, the Take Profit is reduced to a value that is between 6 and 10, So that any little movement in the right market direction, the robot takes the profit and exits quickly. The downside is that there are more losers than winners. That was the reason it passionately blew up the account sizes on which it was backtested.
On a friendly note, you don’t want that to happen to your account that soon.
Send me an email if you need more explanation. I will be glad to help.
Cheers,
Reny.
reny4forex@yahoo.com
My broker offers 1:100 leverage. Can I use FH successfully if my deposit is at least $10000?
@Candy:
Could you send me an email and let me help you out with this?
Cheers,
Reny.
reny4forex@yahoo.com
Anyone have a non NFA regulated broker they can recommend? Mine only allows lot sizes of 0.1 minimum which is way too risky for my size account.
@ Stephen:
Please send me an email. I might be able to help.
Cheers,
Reny.
reny4forex@yahoo.com
Has anyone run the Scalper settings? If so let me know what pairs worked well and if you used FH recommended settings. Thanks…
Hey JIm:
If you must know, I backtested the Scalper settings on most of the pairs out there. The results were terrible. They blew the accounts up with ease. Unless your invested capital is very handsome, I’ll advise you not to try it on your live account.
Cheers,
Reny.
reny4forex@yahoo.com
Thanks for the advise Reny. I’m running EurUsd and GBPUSD in live micro account and it’s doing nicely. I tested the EurJpy alone in a demo account with 10k running .01 micro lot with VIP setting and it blew up the account in less than 24 hours. Very volitile pair.
Just a brief question:
I’m currently still running a demo account but will open a micro account Sunday night and was wondering if there is a button on the screen to redeem your account. Or what is the way to redeem my earnings? I was also wondering how often most people redeem their earnings? Sorry for so many questions.
@Barry:
What did you mean by account redemption? You need to throw more light on the definition. You may send me an email after reframing the context.
Cheers,
Reny.
reny4forex@yahoo.com
I just purchased Forex Hacked yesterday but I can’t see my account is activated. Is it normal after waiting for 24 hours?
I have a live account with InstaForex with and I am using ForexHacked 2.3
1. My account leverage is 1:100, but I see with ForexHacked on my chart that the leverage reads 1:50. Could you tell me why?
2. If my lot size of 0.1 is 10c per pip with a $5 000 account, should I leave it on 0.1? (I am only using GBP/USD)
@Ninie:
The answers to your questions are technical. You may send me an email for help.
Cheers,
Reny.
reny4forex@yahoo.com
Please Help! I recently purchased Forex Hacked for Mt4. For some reason, the EA is working on my demo accounts but not working properly on my Live Account. My broker is 4xp, which is a non-regulated broker, which means it should work great on there. Here is the basic info: All the settings are the exactly the same for the EA putting it on my demo account and on the live account. I’ve emailed Forex Hacked and troubleshooted the EA itself, and it appears all the settings are correct. Here’s what’s happening: When I load ForexHacked onto the demo server it will operate properly- Opening trades and modifying them until they hit the s/l and t/p. However, when I load the EA onto my live MT4 account, it will immediately open a trade, but instead of modifying it it will immediately close the trade within 10-20 seconds or so with a negative pips every time. It always closes the trade immediately if the trade goes 5 pips or less in the opposite direction. This is strange because it’s not doing this at all on my demo accounts with the exact same settings. Instead of modifying each order like it’s supposed to, it will open the trade, but close it immediately. Any ideas what’s wrong with my live account? Could there be an incorrect setting on my live account versus my demo accounts? Please help. Thanks so much!
@ Brett G:
If this problem still persists, then send me an email including the complete settings that you have and the screenshot of the platform on which the settings are run on and let’s get to the bottom of this. Please click on the “Expert tab” before taking the screenshot.
Cheers,
Reny
reny4forex@yahoo.com
Thanks so much Reny4jah! It’s great to find someone who will help me with this. Let me gather that info and email you hopefully by tomorrow. Thanks again for your help!
Hello fellow traders,
first time on this site tonight. This EA looks very interesting. My question is, can this, ea survive with only 50:1 leverage? If not, will fxopen allow US citizens to open accounts with 200:1 or greater leverage?
Thank you
You might want to check my reply below: #9 as I had issues with 1:100 leverage. I’m fine now with 1:200. My live account is up $1004 overnight. You should consider an overseas broker. I’m using FinFx for my broker, an ECN account, which is performing well on just the GBP and EUR.
@Daryl:
You live in the US as I do. I understand the predicament of being caught in Dodd-Frank’s political crosshairs. You may send me an email and I’ll explain to you how we got around that.
Cheers,
Reny.
reny4forex@yahoo.com
I purchased Forex Hacked today and put in all the recommended VIP settings and no trades as of yet. Is this normal?
I have FH running in my new micro account. Is it necessary to withdraw the profits each month as I’ve read many users do? Can I let the profits build and after a few months perhaps incease the lot size to .02?
Hi everyone,
I have placed Forex Hacked on FXOpen micro live account (GBPUSD and EURJPY with VIP settings) together with MegaDroid (EURUSD). Everything shows ok, no errors. Now ~24h passed but still now movement. I mean no trades. Am I missing something..? Because everyone just talks about open trades and so on. Even sellers site states that this EA trades about 5-10 per day… Any comments appreciate.
@Rimcius:
Check if the smiley face is on. If it is not, then click on “Common” tab and check “Allow live trading”. If you have X displayed instead of the smiley face, then click on the “Expert Advisor” button at the top of the platform. If that didn’t do it, then send me an email.
Cheers,
Reny.
reny4forex@yahoo.com.
With FXOPEN you have to set your lots size to .1 in the micro account not .01. If you have it set on .01 it will not open any trades. Hope this helps. You also have to have your account number set up in your members FH account site to enable the ea in a live account.
I had the same issue and then checked with my broker that the minimum lot size with them was .10. Once I changed it the fun began. My $5k demo account is up over $1400 in less than two days on just the GBP/USD and EUR/USD using scalping mode, and “SET 2 (Regular Settings 2)”. It’s very important to note when I changed over to my live account it blew $175 hole in it because my leverage was not enough to float the trades; therefore resulting in margin stop losses firing. Once I had the account updated to 1:200 I’ve been fine. My live account is up over $300 since late this morning on the same two currency pairs.
Which settings do you use?
I have my 1.000$ real fxopen micro acount with lot size 0,1 and rest of settings default. Nothing really happens, a lot of trades opened my first day. None of them closes and no new ones are opened last 2 days..
Help! 🙂
Hello, is this EA still running ok for people on this forum? and making money for you all? Is it worth buying?
@Bab48:
I believe the answer to your question lies in the maxim: Numbers don’t lie.
Have you checked the table of performance that ranks the robots in accordance with their activities and gains made? What position is Hacked in and why do you think that is?
Out of all the robots being tested on this site, which out of all has the most active thread and why?
Embarking on a quest sparked by curiousity; and with the schorlarly goal of reading and educating yourself through comments on this page and entertaining answers to the forgone questions in your consciousness will no doubt drive you towards the right conclusion.
Why not take a look? You may just learn a few things from others on this page.
Cheers,
Reny.
reny4forex@yahoo.com
hi im really new to all this and going over in my mind wether it is a good idea to invest in a forex robot. i see that the settings in the VIP area show the stop loss as being false and is set too 100 stop loss – now this to me sounds like to much of a loss if it were to ever happen. now i was just wondering could i not set the stop loss to something else say 10 pips. or would this affect the overall performance of the system. any help much appreciated. sorry for the noob question.
Thanks
@Jeremy:
Your question seems nooby. Yet, there’s a kernel of mathematical irony ingrained in it. Why take a large stop loss when you can just cut short your losses, call it a day and come back some other day to bang the market for profit? The reason you can’t do that with Forex Hacked is that it doesn’t follow that linear mathematical pattern of reasoning.
While your account rides on the flammable hotseat of its in-build martingale strategy, the robot takes directions opposite to that which the market takes. Said in another way, it opens “sell” orders when the market goes “buy” and vice versa. The farther the market goes, the more trades it opens and the bigger the lots used in opening them. It continues to double the bet (thank the booster) with the expectation that the market will return at some point. If you have enough money in your account, you will survive the onslaught. If not, your account will suffer and invariably exhale much to your chagrin.
To cut the long story short, the wide stop loss gives the robot enough room to profit with the anticipation that the market will return without hitting the stop loss. If the market returns, you will reap huge profits in the process. If it doesn’t, you’ll lose. That is a giving.
If you use a small stop loss, the type you showed above, the robot will allow the market to peck at your account slowly but persistently until a huge chunk of your account fizzles and gives way. Hacked is a high frequency robot. Immediately that stop loss is hit, another trade will open and the weird and dangerous slide will repeat itself in a loop as the market goes deep down in a highly volatile environment.
Short version of the answer? Don’t do it! There are other ways to control the risk than reducing the stop loss: The # of pairs you trade, the type of pairs you trade, the timing of trading the pairs, the value of your pip booster, how deep your pip starter is, the minimum lot provided by your broker, the size of your account,…all play important roles in determining whether you will be laughing to the bank or kissing your teary eyes with tissues while placing Hacked in the forefront of forex war on behalf of your account.
If you’ve started doing it, stop it. If you haven’t tried it, don’t commit the account suicide. If you’re experimenting it, do it on a demo account and entertain yourself with the drama. But far be it that you practise this on your account which you funded with your hard-earned money.
Cheers,
Reny.
reny4forex@yahoo.com
Hey Reny I really like your reply with jeremy. Keep up the god work pal..:)
Thank you Hanalei. Nothing compares to being a brother’s keeper. Let’s try to save as many or few as we can. We all have the same goal: Minimize the loss and maximize the profit. Let’s do all we can to help others get there.
Cheers,
Reny.
reny4forex@yahoo.com
hi reny thanks for the reply. i get you now. its gonna be a steep learning curve for me. im going to be purchasing forex hacked some time this week and then test it on a demo account for about a week untill i move on to a real account. but the thing is i dont have a lot of money and my account will be about 200 GBP. i will be opening an account with alpari UK and using a 1:500 leverage. they have said that this will work on any account size but ive seen alot of people mention that the bigger the account the better results. would just like to know wether you think i would be wasting my time with an account so small? or is there different settings for different account sizes?
Thankyou
Hi Jeremy.
Sorry for reading your reply so late. Please send me an email. I might be able to help you in that state of dilemma.
Cheers,
Reny.
reny4forex@yahoo.com
@kkk
open another demo account and try to run it
I have run my ea for the first time today, but it’s doesn’t open any trade. Plus it’s stated something in the journal “trade attempt in the investor mode” with stop sign on the left column.
@KKK:
“Trade attempt in the investor mode” means you may have accidentally used the password for an investor to log into your account.
Investor accounts are “read only” accounts. They are meant to be shown to your potential clients for them to see how you’re trading live with a view to convincing them to invest with you so that you can trade on their behalf with their funds. Your clients CANNOT participate in the trading activity. Rather, they can only watch.
So, the “Stop Sign” you saw in there is a message meant for your potential clients not to tamper with the platform in any way since you’re doing all the work for them.
That explains the conundrum. But if you know you’re not an investor and you’re in this trading mode, uninstall the platform, reload it thereafter and open another account, live or demo. Alternatively, contact your broker for the glitch. But you should be fine following the former instruction rather than the latter.
Cheers,
Reny,
reny4forex@yahoo.com
Is the settings at the VIP section really good?Is that for version 2.3?
Are you still using the settings in your VIP section for version 2,3?
what is the best currency pair to use?
Hello guyz..Please some1 help me to choose what kind of settings I should chose for demo account $5000?..I’m confused. And also If I’m going to open live account what is the best? Thank u.
Hello admin. I bought Forexhacked and dowloaded it. Now I’m having trouble installing it using installation guide. I already download Meta Trader 4. My problem is I can’t find the folder ForexHacked.ex4 to copy and paste to Meta Trader experts folder. All I see is the ForexHacked23.ex4. It doesn’t work and ForexHacked is not appearing under Expert Advisors of my Meta Trader flatporm where it should be. Please help.
Dear Admin,
What if i use your demo setting in the VIP area; into my live account? Would it be, ok?
HI Daniel,
This is not Admin but a concerned and caring member.
There are other parameters that you need to take into consideration in this case. For example, the type of broker you use may not match Admin’s account’s setttings. Your account size may also differ from Admin’s which is displayed on this page. You need to take many factors into consideration before deciding what to do with those settings.
Let me know if you need help.
Cheers,
Reny.
reny4fore@yahoo.com
Forex hacked looks great and seems to be performing prettty well. Although my open trades are running at a loss my P/L is up over the last few days. One quesiton though, do any of you know if the link drops to your broker and you reconnect, does Forex Hacked carry on monitoring your open trades or are they now considered “Manual trades”.
Hi Ubanbru,
For you to know if you’re running the accounts at a loss or profit, you need to find the difference between the P/L and the total equity. If the total equity is higher, you’re in good shape. If otherwise, look out for the volatility in the market.
Now, on the question you asked (which is foggy to a sane mind anyway), I believe you meant saying if there’s any internet disconnection between your broker’s MT4 platform and and the broker’s server, would the robot continue to monitor the trade when the platform finally reconnects with the trade? Yes!!! It will. Unless you personally turn off the button on the top of the platform that says “Expert Advisors”, the robot will continue to do its job of monitoring the trades.
Let me know if you need more explanation in this regard.
Cheers,
Reny.
reny4forex@yahoo.com
pleaz admin help…. what is best robot.. forex hacked or forex over drive??/ i think forex over drive rebot hav nic winng trade 97%…. but forex hacket only 66% winnig trade…pleaz admin tel me his experince . i am new iin field
hello everyone,
my live account is running currently and is doing fine right now. i am using admins settings. if i wanted to go slighly riskier for a better return, which setting would you change first? the lots ?
could you also tell me about your settings and return in % per month ? thx
Please Admin, my FH is not working, it display this message “dll calls are not allowed, winiet dll- internet OpenA’ Please can you help me out of this problem?
hi there guys i bought this ea and placed it on a demo did some backtesting blue an account on just that did demo testing the accont is on a minus what initial deposit should i really put in my broker is alpari uk leverage at 1:200 whould you say 1000 gbp is a good amount
Hi Rokeb,
Seems you’re really confused with the whole process. Please send me an email maybe I could be of help to thee.
Cheers,
Reny.
reny4forex@yahoo.com
Forex Hacked very very good. I use Forex Hacked from december with EUR USD GBP USD TIME FRAME H1 and i have do 140% setting of Vip Area
I would very much like to use the newest version of Hacked, but with the VIP optimized settings. However, i cannot seem to access the VIP area. Admin – any chance of a password reminder sent to my email? Thanks!
– My submit form seems to be blocked……..-
This is a very good EA, but its can be very dangerous aswell, I started with a $500 account, and I had it up to $1100 today, but it just wiped out my entire account within a few hours on the EUR/JPY pairing, i would recommend taking your EA of this pairing, especially because of the tsunami in japan, very unsable, i should have taken it of earlier, silly mistake.
Are you saying you went from $500 to $1100 in one day or it was up to $1100 on that day?
Regardless, catastrophic events like this on Japan are going to impact any JPY pairs immensely. To be safe I probably should have turned the EURJPY pair off on the demo but I figured it had enough funds to cover a pretty large spike and I was right. That and I don’t like manipulating the demo results.
So moral of the story is if you are running on a small account size, you should consider closing down shop for a few days around or as soon as major events like this occur.
Oh gosh, i’m really thrilled with this EA. Truly, hacking profit like its called. Having it trade in live account for two days with the recommended setting by the Admin, increases my profit by 50%!!! Perhaps, its to early to judged, but I really like the performances so far. As long you have the margin to support draw downs, the profits will sure rolling into your trading account!
Daniel, could you elaborate on those settings and also on which pairs are you using it ?
Pablo
Dear Pablo,
Simply use the settings in the VIP area by the Admin; on GBPUSD and EURJPY.
daniel could you please give me the settings for the eur/jpy and the gbp/usd?i cant find it in the members area?
Hello Steyn, just click the ‘VIP’ at the above of this page . You need to register to get your password to have an access into that area.
Hi all,
forexhacked just suddently stopped on my account yesterday. Does anybody has the same problem?
And what is the the correct time m30 or h1?
cheers Michael
I am using H1
Guys, what you think about trading the forex hacked with US$2000 and 400 leverage Eur/USd and US/Chf with the lot size of .02 each.
Please let me know what you think.
¿What are the PRO’s and CON’s of using a 30M v/s a 1HR Timeframe?
The timeframe has no influence for FH! Because it works with the value of the currencie. Example, if you have a 40 pips pipstarter, then it will open a new order after 40 pips of loss, it does not play rolls which timeframe you have, because the value of the currency is the same in all timeframes! If the value of EUR/USD is 1.300 in the 1h Timeframe, then it’s also 1.300 in all other timeframes! FH is a marginale EA, it opens a new order every 40 pips of loss. This has nothing to do with the timeframe!
What do we mean when we say that FH (forex hacked) is an EA where you have to manage the drawdowns?
I’m very new to this, but noticed, that with, for example, trading just one pair like GBP/USD, FH can/will open several trades pretty quick either long or short with a minimum of .1 or more (my brokerage does .1 at the minimum and that FH will keep closing out profitable trades and immediately opening new trades. Sometimes, the open balance gets under water by a couple hundred bucks or more and it gets a little scary. So, if the open trade losses get to be too extreme, should I just close them? (manage the drawdowns), or hang in there with FH especially if the margin is still OK?
Conversely for profits….should I just close out manually all the positions if, for example, I’m up overall several hundred? OR If I know a big news event is coming up….should I take the profit, turn off FH and wait until the news is over and then turn back on the EA/FH?
Please let me hear from anyone with your views…I would greatly appreciate it!
Manage your draw down mainly means that you must have enough margin to support your draw down. High draw down could be expected when working with FH.
I bought FH VERSION 23 two weeks ago .So far so good.10 % profit.
Let see.
Reny ,I have send you un email.
Hi Admin! I bought my FH a robot! Me in the trades. I do not need to set minimum lots when the balance has increased a lot? Eg. balance of $ 100 = 0.01 lots, but if you have $ 2,000 balance is recommended to set the 0.2 lots? Or is it done automatically? Thanks if anyone can help
ROD, thanks for sharing your knowledge!
Can you show us your “FH on U/J” detailed report? just to see how it evolved.
How much has it been your maximum negative Floating P/L? Did it recovered?
Thanks!
Pablo (From Chile)
I to have a question. I have a Standard Account. Can I trade FH with 1 Mini Lot on 1:200 with 10k or should I open a micro account with say 2-3k, and if so what do you recommend to trade the U/J and G/U. It seems most of what I read is about 1 micro lot.
Thanks…Jim
jroarloud@yahoo.com
Isn’t more save to use an account with let’s say $5000, so that you don’t get the margin call so quickly?And the commission(0.8pips) is lower on a standard $5000 account.
Or is it saver to use Forex Hacked an smaller accounts?
hi admin,
first of all I would like to thank you for sharing your knowledge and professionalism with us. I bought FH last week and run it currently under FXOpen and Alpari UK in demo mode under your settings. It looks good so far. I would like to go live with a VPS host next week. My only concern is that if something serious in the world happens that could affect the market, how would I know that ? Is there any parameter that could make me aware of a coming big change in the forex market ?
I am currently visiting your site each day. I have read everything a couple of times and I wish I had more to read. Is there any way to built in some kind of warning for the forex market for all the visitors of this site.
I think that could be a nice tool to keep us visiting your site even more than before.
Thanks again for your effort and good luck to all of us.
Set the rules and follow it like your life depended on it. And check your GREED!!! Trade with permanently set lot sizes, permanent max sell/buy orders, permanent set minimum balance to maintain. Then withdraw funds religiously whenever the funds go over your minimum balance amount, do consider resetting your robot once per month after turning off the robot and letting it run for one full day. By resetting, I mean consider and do manually close off all floaters once per month and reset to start over for that trading month. Follow these rules and you will make money. And again, check your GREED.
Many thanks to everyone for your comments. I am quite a newbie in forex and have 2 questions to ask on FH.
1) The default setting for Allow stoploss is false. Does it mean that all loosing trades will continued to be opened forever without the EA closing it. Please explain.
2) What is the best currency pair and what time frame.
Thank you.
Also, I opened a micro account on FXOpen. My deposit of $480 is showing 48,000. Is 0.01 lot on my micro account same as 0.01 standard lot size?
0.01 lot on your micro account is the same as 0.01 lot on a standard account
Rod
can you tell me how you tune the FH by pair!
Thanks
Hi, I just purchased forex hacked through your site forexfbi with the discount. Great site and thanks for the coupon. I set it up last night and have been running it all day and night but so far not a single trade. I have the smiley face on the charts and have used your recommended settings on some of the charts whilst leaving others on default settings. Do you have any idea why it might not be trading? Your metastats show trades should have been made today. Cheers
Sounds like pipstarter value is too high. Change to 20 . And put FH on U/J.
Then check your MT4 messages ( EA and Journal ) for errors. And check if it runs on ademo account as that requires no account entries to do with licenses.
R
Rod, what does FH on U/J mean?
Forex Hacked on USDJPY
Thanks, all working nicely since early on 22nd Feb and guess what? My account is up 60% already! Unbelievable. Thank you Forex FBI for recommending this incredible ea.
Reny,
I was hoping you could assist me with the forexhacked settings of the account on forexhacked with the link below. I like its consistent performance and most importantly its ability to double the account in 1 year rather than the high risk settings advertised everywhere. Most people do get fairly greedy and greed is not a smart strategy for a long-term investor.
Can you kindly analyse the account below for me indicating the following how you arrive at the following parameters for GBPUSD and USDJPY respectively:
http://forexhacked4.mt4stats.com (account on forexhacked website with balance currently at $1769 and starting balance of $1000)
a) Take Profit =
b) Pipstarter =
c) Booster =
d) Leverage applied (I think this parameter is responsible for the miniscule but steady profit) =
I dont believe the settings shown on forexhacked’s website is accurate for the aacount show and it does not indicate the leverage applied.
Thanks in advance and hope to hear from you soon.
Cheers
@AJ:
I think I have answered someone’s questions that parallel the ones you’re asking on this page. Please check your email to see if it is yours or not. Check your spam folder too to see if it landed in there. If it wasn’t you that asked the questions, please send me an email and we can take it from there.
Cheers,
Reny.
reny4forex@yahoo.com
Hi Reny,
You are right. I did email you preceeding this forum post but I seem to be missing your response. I have just scoured my email and junk folder but cant find your response.
Kindly forward your response to me again please
Thanks and most appreciated!
@AJ:
Please send the email again. I couldn’t find it in my box. My apologies.
Cheers,
Reny
reny4forex@yahoo.com
ROD, appreciate if you can share your settings with us, what pair do you run FH? thanks
U/J H1 TP35 Booster 1.65 Pipstarter 21, If <$1000 use 0.01 lots
Leverage 1:200. and gaining nicely. This is because this pair is is choppy up/down cycle. And use 1 pair for a while…..
R
How is the pair performing so far with your recommended settings?
Are there peoples who make money with FH? Can you post your settings and your stats?
You need to better understand FH.. I tune it weekly and by pair. The default settings are for massive trending and as such will not even enter more than 1. Its best on my settings on a sideways market. I make the most when its a nice choppy market. And yes it make lots. Before I did this I lost all my gains twice. In the last days on U/J Its gone from $10500 to 14760.
This EA is not doing what I want. I set max orders to 2 (both), but when it opens 2 orders it set TakeProfit the same for both orders (my setting is 100) even if they are opened with different price. Why? I use v2.2
Thank you Reny problem solved and now up and running in Sim a/c. Picked a fun day to start with the big down trend in the GBPUSD.
Once again thanks for your help.
Hello folks,realised I posted my comment in the wrong place. Just setup Forex Hacked in a FXopen sim a/c using VIP settings. Connected notification appears in chart. No trades? changed lot to 0.1 still no trades? any ideas would be greatfully recieved.
@Richard:
A couple of questions to diagnose the problem:
1. Do you have a smiley or a sad face on the chart? If it is a sad face, then click on the “Common” tab and check “Allow Live Trading”.
2. Do you have a star where the smiley face is supposed to be? If it is a star, then click on “Expert Advisor” button mostly found on top of the chart to turn it to green from red.
3. Is the timeframe in terms of H1 or M30 for the traded pairs? Check if you’re using the right timeframe.
4. Have you checked the “Journal” tab to determine if there is any error? If there is, what did it say? Could it be that there is no enough money to trade?
Whatever the case maybe, troubleshooting what is wrong with your account lies in those highlighted areas.
I suppose I have given you the green light on where to look for solutions. I hope those suggestions help.
Cheers,
Reny.
reny4forex@yahoo.com
I am using 2.3
which is best to run EUR/US 30min Chart / 1hr Chart using Forexhacked
@Samuel:
Use H1 Timeframe. M30 is good when you have low TP and want to scalp during a trading. But it is optimized to work best on H1 timeframe.
Versions 2.3 and 2.2 are very similar. The MassHedge function that should have distinguished the newest version from the old ones is NOT functional. So, there’s no reason to be overly concerned with the version in use.
If you have troubles using any of the versions, you may let me know.
Cheers,
Reny.
reny4forex@yahoo.com
Don’t use Eur/Usd, this pair is not good for FH! There are no settings to use it save on this pair
Hi Admin what version of Fh did you use 2.2 or 2.3??
Hi Guys,
How does forex hacked 2.3 go on default settings ??
Thanks
I have demo accts with a lot of brokers and the best seems to be FXDD Malta. You can use .01 lot size. With $1000 demo it earns $220-$230 per week. Hope it continues. (have not tried FxOpen, though)
@KDB,
Do you mind sharing the list of other brokers you’re testing FH on? I’ve tried FH on a host of brokers including FXDD Malta before going over to my current broker. The results I have on my new broker beats that of FXDD. It is just plain amazing!
If you’ll like to share your findings, please let me know. May your trading for the weeks to come remain profitable.
Cheers,
Reny.
reny4forex@yahoo.com
Hi, I was planning to use insta forex as my broker. what settings do you recommend with a deposit of $400?
Hi,
Just purchased ForexHacked based on a whole ranges of information reviewed. First thing I noticed was the very substantial difference in the settings ‘out of the box’ and the ‘Different Settings” also included in the download. These settings appear to be very similar to those in the VIP section. Clearly I want to watch and learn but any other information about what this EA does and why etc would be appreciated. When I do go live I’ll use an account that I guess should have $250 – $300 – are there any parameters that I should perhaps adjust to reflect the available funds.
This is so different than so many other systems that seem to do little more than take profit at 20 (say) and set a massive stop loss at maybe 300-500 points. I have been using LeoTrader and currently have a trade running 11 days and has been close to to -300 pips but making its way back.
Any documentation / extra notes appreciated
@PeterHW:
You’re right! Forex Hacked does have a mind of its own. Don’t compare it with any of the run of the mill robots that are out there. It is an anti-trend, martingale ladden robot (i.e. it doubles its bet when it loses). It waits for the market to retrace before it profits.
The calculations of how it comes up with its trades are too boggling for any fickle mind. Folks on this forum don’t want to be bored with such technical jargons. All they need know is that Hacked is profitable but dangerous an EA that shows its risky side when it appeals to your sense of greed and ignorance.
You may let me know if you so desire how this monster makes accounts rise like meteors and fall and crash like a Lucifer. Whoever Martingale was before he died, his saintly evil spirit continues to operate in that bot that has sent many accounts packing, yet enriched others, scolding some, yet offering consolation to others. It is a marvel of an evil genius!
You seem very much sincere in your quest. Let me know if you have any questions in this regard. I probably might help. You never know!
Have a nice trading week.
Cheers,
Reny.
reny4forex@yahoo.com
dear admin, in your MT4 stat i can see that you’re trading size is around 0.01 lots but on fxopen demo if i set the 0.01 default value, it won’t trade at all. Am i missing something here?
Hallo guys I’m a total newbe I have test demos account and is not difucult mt4 but I have a full time job and no to much time to folow the market and so many other things like for have the ability to pronosticate to wish pair I most to set. And my question is: It really work those EA without any human interference, I’m let supoue that I take and online VPS this mean arround 35 till 45 usd monthly ,will be able the EA to winn arroud 400 USD monthly…….
thank for your answerd
hi i tried to run Forex Hacked on FXOpen Demo account but it doesn’t seem to make any trades at all. Can you advise?
with FXopen, you have to set starting lots to .1
Thanks for the reply Cruz. It works!
It’s allright now.
Hi Admin…How can i buy this EA with ur discount coupon? Can u send me a link ?
Iam planning to open an FXopen account, do you guys recommend the standard account or micro account for your settings in VIP for forexhacked? i only plan to use $100 start up,
I recommend the micro account settings for $100.
hi, can i use the admin settings even if i will open an micro account on insta forex with $400 start up? thanks
Hi, here http://www.forex-money-management.com/forex_risk_calculator/07/ You can calculate a lot of interestings values to start up. And yes, you can use the admin settings to start a micro account with $400.
Ok, so I have 1000 in a FXOpen Micro account and have been been running FH for 4 days now with VIP settings. I have noticed that my 1000 USD shows as 100,000 USD as it was adjusted for cents. While I completely understand this, it appears that when my lots auto sell at 35 pips I am actually making cents for each transaction or at most a dollar. As info my free margin is always in the 100,000 range and my margin level is currently at 14803.54 but has been as high as 58000%!!!!
That being said, am I correct in trading .1 lot size (live settings say to do .01 but that’s not a choice with FXOpen…should I consider upping lot sizes or is the reason to stick with .1 is to avoid a margin calldown when / if I have a huge drawdown as I am trading 2 pairs?
Sorry for the lengthy message, just really needed a sanity check on this one 🙂
Thanks!!
@MG
You really seem to be confused with the operation of the bot in connection with the trading policy of FXOpen. Just shoot me an email to clarify the misconceptions and for proper guide.
Cheers,
Reny.
reny4forex@yahoo.com
Why is it that the contest leader (4x hacked) shows $18,000+ in money gain in the contest, but the stats page only shows about $3000?
Additionally, Pip Brains shows 135% gain for 4th place, but their stats page shows the account beginning with about $200 and now standing at -$4500?
Could someone smarter than I explain how this works?
It runs on Alpari UK demo account which has a limitation of only displaying roughly the last 500 previous trades. So all the oldest trades get deleted and therefore don’t show up in the mt4stats statement and mess up my stats a bit. The total balance you see on the little mt4stats image is the correct balance. The -4500 you see is what the EA has done over the course of it’s last 500 or so trades.
hi there i dont know how to really become a vip member i bought the softwear forex overdrive afer seeing thi site using this site please help
Check the VIP page, there should be an email form to submit and you will receive a password.
Hi, I plan to buy a forex robot but i dont really know what to use, this site has 1,800% profit from forex haced but on other sites it has 14%return of investment, I plan to make a live account of $100 and what would be the best settings to use?
Hi aaron, you can use the settings recommended by the admin. They are excellent and give a good profit. I use them. To view them you must subscribe as a VIP, then enter and have access to them.
hi mogojojo
on what Currency Pairs do you use fh and your starting balance ?
Hi Magojojo! how can i become a VIP? its not specified in this site
Check the VIP page again, click refresh if you dont see the email form.
Hi!
Can in this EA manualy set T/P and S/L, Trailing pips?
Thanks
Yes, you can set the T/P and the S/L manually
I apply the stop loss with new sitting after month try work very good draw down very small it dosent matter how trend strong work only with gbu/usa make $300 a week profit sell that sitting$30
George if you don’t mind me asking, what are your settings?
Well, I pulled the trigger and ordered a copy of ForexHacked last night and had the product downloaded and testing with different demo accounts within 5 minutes. Have any of you had to wait for your forexhacked account number to use for live trades? I logged onto forexhacked.com with the username and password I used when I purchased the software and still have no accout number to use on the EA 🙁 Hoping they actually get back to me, emailed support and will post on their response or lack there of.
I somehow slipped through their auto activation process, they replied pretty quick and took care of the issue.
After I went live I emailed them with a tech question and they responded pretty quick yet again. So far so good, I am seeing very decent results in the last 24 hours.
So far so good with FH!!!
MG
Hi,
I have got something wrong with my understanding of the workings of Forex Hacked and lot sizes?
If the maximum open positions of a broker’s micro account is 2 lots, does this mean that Forex Hacked will stop making trades before the recommended max 10 trades ( if all previous trades are still open)?
For instance, AlpariUK have a max lot size of 2 on their micro accounts. Therefore, wouldn’t Forex Hacked stop at lot size 0.67? Since any additional trades would add up to more than 2 lots.
Thanks
Spree.
Hi Guys.
I have a question about the iStopLoss property.
If I have set the stoploss to 300 pips, and have say 10 buys before the first buy hits the stop, will all 10 buy trades be closed at that price? Or will it close them individually as each one hits 300 pips stop?
@ Uwa:
If you set the SL to 300 pips, you’re commanding the EA to stop trading for EACH of the given 10 trades. Unless you manually close ALL at the same time and unless your account hits a margin call level, each of the trades will close based on that 300 pips command.
I hope this helps.
Cheers,
Reny.
reny4forex@yahoo.com
Somebody uses this MassHedgeBooster
Don´t use MassHedge if you dont have a lot of money!!! this is beta configuration. I lost my account ($200) with masshedge activated, be carefull.
I have been wondering about the masshedge and its booster as well. I have seen a number of questions, but no one has answered any satisfactorily.
I understand how the mass hedging works, and it looks to be very useful in a seriously trending scenario. The downside seems to be that for a spot trading platform, it still adds to the margin requirement of your trades – even though it prevents you from losing any further.
On second thought, I am wondering if the mass hedging can be combined with the iStopLoss property, or if they are best used independently.
I am off to do some testing, so will let you guys know soon enough wht I find if no one has any experiences yet.
how to enter in VIP?
Admin, I think you should run EJ with lesser TP and PS. Because 45 pips in EJ is almost 0.4% movement based on the current price and GU is is only 0.3% as per my calculation.
Hello Reny,
Please send me an explanation of the inner working so f fore hack as well as the changes in the behavioural pattern based on the leverage.
Thanks
email dapogunlusi@yahoo.com
Hey Dapo,
The guy (Chand) came up with some scenarios much like Lee (check beneath to read his input). So, I corrected some of the areas that were necessary and encouraged him to ask questions on areas he felt were not thoroughly explained.
However, if you want, I can forward his question and my answer to you. Let me know if you will like to take this course of action. I’ll be happy to do so.
Cheers,
Reny
reny4forex@yahoo.com
Hi Reny,
Thanks for your response. I have sent a few more queries. Appreciate if you can reply to them.
/C
yes i would like to hae the questions and your answers. thnk you
hey
i was thinking of going live but don’t know whats the best broker is for fh
i see here fx open but i have a demo account running of fh and no trades made
(running 1weekand everything is setup good) while demo account on other brokers make lots of trades
greets
brechtverhaeghe722@hotmail.com
Hey Verhaeghe,
The failure of the bot to open trades on FXOpen’s platform is a relatively easy problem to solve. The default setting for the lot size is 0.01. The minimum tradable lot at FXOpen is 0.10. Unless you change the lot size from 0.01 to 0.10 the robot will not open a single trade. So, change the lot size to 0.10 and you will be surprised at what will happen next.
Oh, mind you: Unless you’re trading Cents Account with FXOpen, a lot size of 0.10 is TOO HIGH for a standard dollar account. If you want to go live with this broker, make sure your account is not standard. Otherwise, you’ll lose your investment on a single bad day.
Cheers,
Reny,
reny4forex@yahoo.com
Anyone tried the new mass hedge settings on this EA? Any results? On their web site is not mentioned anything about it, and in the documentation attached to the EA they say that they are in the testing phase.
How can i join vip ?
CAn u show me how….
folks, I am trying to understand the inner workings of FH so that I can do better risk management. Appreaciate if somebody can clarify.
If pipstarter, pipbooster and max number of trades are fixed then why not the total drawdown a fixed amount when all the losing trades are closed? Is my understanding correct that FH closes all the open trades when the 10th trade (say, max trade is 10) hits the current price +/- pipstarter value OR StopLossPct is hit, whichever is earlier? If it does not then what does it do?
How account balance and leverage affects FH’s decision making? Does it behave differently while dealing with accounts having leverage 1:100 vs 1:500 and 1000$ vs 3000$? Why is it better to take out some amount when balance doubles even if pipstarter, pipbooster and max number of trades are not changed?
Thanks in advance.
Hey Chand,
Please check your email. I’ve thoroughly answered your question related to the innerworkings of this robot.
However, you didn’t ask any question related to the behavioral differences in using different leverages. If this is important to you, please don’t hesitate to ask in your reply to my mail. I will be more than happy to address it.
Cheers,
Reny.
reny4forex@yahoo.com
i need a broker for forex hacked that lets me use paypal – can anyone suggest or help me with this? thx
I use FXDD and they accept Paypal.
Admin
how to become a member with your site(VIP)?
Join where it says: “Join the VIP” near the top of this page.
hi what is this ea doing latly good of bad
thinking of buying this one but need some feedback
its not about the forex hacked or any expert asdvisor guys,i just found out that every broker did hack our ea when we run it on the metatrader,(real account).I used my own setting then my setting changed magically when i got the profit,cause we used their server.. the broker willl not let us win 100%.. you know what i mean, thank you
Answer: don’t use a vps run by your broker.
Dear ADMIN…. what about these EA’ called FBI… did you ever put your hands on those EA’s
What is your opinion?
@Reny
I plan on testing this EA on my live account, rather than a demo account. I created a live account with a starting balance of $500 and I plan to trade only the GBP/USA Pair. Is $500 sufficient enough based on the settings at the VIP room?
In addition, Is it adviceable to trade during the Holiday Season?
Dominic
@TheBlackTao,
Whether $500 is going to be enough or not depends on the type of broker you’re using, its minimum lot provided and the depth of your pocket. The rule of thumb is that you shouldn’t trade with the money you cannot afford to lose. If I knew who your broker is, I will be able to tell if that is going to be enough or not.
Turning off the EA during the Holiday Seasons is not a bad idea.
Cheers,
Reny.
reny4forex@yahoo.com
How do I join VIP?
Will Forex Hacked run on an ECN account with fxopen? If so what would be the min. deposit?
Hi Guys am looking for some advice over lots to trade.
I bought forex hacked about 4 months ago and when i purchased it it came with some reccomended settings and lot sizes to trade. i originally traded it for a month on demo using the recommended trading size which was 0.01 for every 1k in your account. so i opened the demo account with a 1k balance and traded the gbp/usd. after 3 weeks i was 50% up and it was great.
After a while i decided to go live using the same settings however before i went live i wanted to know what im actually risking. so i worked it out roughly. here are my settings.
45 takeprofit
31 pipstarter
1.68 booster
10 max buys
10 max sells
and here is my risk based on lot size and 300 stop which forex hacked uses.
Trade #1 0.01 Risks £18.00
Trade #2 0.02 Risks £39.00
Trade #3 0.03 Risks £57.00
Trade #4 0.05 Risks £96.00
Trade #5 0.08 Risks £153.00
Trade #6 0.13 Risks £246.00
Trade #7 0.22 Risks £417.00
Trade #8 0.37 Risks £705.00
Trade #9 0.62 Risks £1179.00
Trade #10 1.04 Risks £1977.00
With thus said in total am i right in saying that im riskings £4887.00 ?
If this is correct them trading 0.01 for every 1k in the account would be crazy.
So what i did was open i live account with 10k (risking £4887.00 and some padding for margin) and traded this live for 3 months and so far its made about £500 a month which is 5%.
What i want to know is have i got this right and am i being to cautious. What lot size should i be starting with.?Forex hacked is suppose to make better returns than 5% a month yet i feel i i was to up my starting lot size to lets say 0.02 it may cause a margin call if i was to have 8+ trades in.
Any advice would be great thanks
Hey Lee,
I run the same settings as you through FX Open except I only go to 9 trades instead of 10 and I have found that if I start with a 10k and a 0.10 lot size I have managed to keep away from margin calls at this stage. That is my cautiousness. If you try to go too big I an almost guarantee that it will get a call as you regularly have can have up to 10 trades open, where my % margin has got down to about 300%. THey say try and keep above 1000% as a minimum but I think that is super cautious or you need a standard account that does micro accounts like FX Primus. Currently on my Micro account I am up 187% over 2 months and this is balanced I believe after losing 3.5k in my first 2 accounts. Hope this helps.
Lee – How many pairs are you running? And is that .1 standard lots or micro lots? I ran Hacked with starting with a $1500 account, 0.01 lots, same settings as you guys, gbp/usd & eur/jpy. I was up over $500 after a week and a half, then kaboom. The eur/jpy blew up my account. I thought I was running relatively low risk. I guess not. In future, I think I’ll stick to 1 pair with a higher starting capital. Not sure yet though what that “magic” starting capital is yet, to sustain high dd’s. Oh ya, 1:500 leverage. I still believe in Hacked though. I think under the right circumstances, it can make a regular income. And it seems to pull out of any drawdown, no matter what. (as long as the equity is there.)
Beau
Hey Beau,
Did you catch my reply to your mail? If you didn’t, get back to me, please.
Thanks,
Reny.
reny4forex@yahoo.com
Lee,
I only trade the one currency GPDUSD, any more is suicidal
Hi,
May i know what is your leverage for the 10K account? Are you using 1:500? Can you please let me know. 187% over 2 months means you almost doubled your trading account on the first month, right? That is an excellent return.
Hi Bluboy, Lee
Nice to read about you experience 😉
Bluboy, What do you do if 9 steps (31 pips each) is not enough and no correction so the pair just keep trending?
The only problem with FXopen micro account that they reduce the leverage after you reach 3K USD.
I have opened a demo with FXPrimus and seems this is not a problem with them. The only thing I cannot figure out how how many pairs should I run with a 2500 USD account (500 leverage). Not sure how they calculate the margin…
How many pairs do you run on your micro account and with how much capital?
Hi, Bluboy. Please help me out.
I am now running FH v.2.3 with settings below:
45 takeProfit
31 pipstarter
1.68 booster
10 maxbuys
10 max sells
Currently on a demo account with 0.01 lot size at $5000 account. Trading on two pairs: gbpusd and eurjpy. (leverage is 1:400) results satisfatory. Max drawDown is below $200,trade deep up to level 6.
Now I am going to switch to live account. In order to avoid margin calls, I intend to run on a $2000 account with only one pair-gbpusd, using the 0.01 lot size. (leverage is 1:400) Does this can sustain the hard drawdown and keep my account safe ? Should I change my max buy/sell to 9? Please reply to my email as I can not log on to vip page. jckth9@gmail.com Thank you. Jack
I run 4 currencies pairs (recommended: eurusd,audusd,usdjpy,usdchf) witn lots = 0.01. Other parameters defult.
My leverage = 1:400.
With this settings I won 1.000 – 1.500 $ per month.
My recommendation is run this EA with balance >= 20.000 $. and lots = 0.01
If you have 100.000 $ put lot = 0.1 .
The issue is : What do I do if you get the MaxBuys. ?. This event has low probability.
In my case , When I get 10 MaxBuys or sell , I close all these orders.
Kind regards.
Hey German,
So do you mean that when you reach the maximum # of trades, you close all the 10 orders at a loss?
Regards.
The one thing I do know is on Hacked’s website Ron Peterson ( ronke) runs similar settings but his pip starter is 36 pips. Are you using a micro account or a standard account and able to get such small lot sizes, unfortunately with FX open their smallest is .10 on any account hence the reason I went with the micro account. I demo’ed 10K and .10 lots ar I believed that mirrored amicro of 1k and .10 los on that account as well but I have taken more risk than I should. If you want to be sure demo exactly as you would live and when you feel comfortable with it then go live.
Thanks Guys.
im running only one pair gbp/usd because i know that pair very well. running more than one pair is dangerious unless you have a very large account.
Bluboy im still not sure how you can trade 0.10 per 10k if like i mentioned in my original post that im trading 0.01 (mIcro lot) and thats risking roughly £4887 if all 10 trades lose.
that would mean that you would be risking 10x that (48K) but your account size is only 10k. that would quickly cuase a margin call. am i right?
been trading successfully for over 3 years now and been using forex hacked for six month and i cant get my head round what its actually risking and a safe starting lot based on my 10k. i have around 30k in total i want to trade but what to use forex hacked as a investment tool rather than a get rich quick scheme.
thanks again guys for the replies but am no clearer….lol
Again Lee as we all know this is a risky system, all i know through the numerous demos I have run is that the higher the leverage, bigger the account and smaller the lot size it seems less likely to margin call, I have had margin calls at 100:1 and even close on 200:1 but as you go higher you are using less out of your account as the ratio rises if that makes sense. But I still will ALWAYS use the 1 currency only.
Hello Lee:
I you run 4 currencies pair (lots = 0.1) the max per trade if you get 10 positions = 697$
And 697 x 4 = 2788 $ if all trades reach 10 positions at the same time.!!!
How you calculate this values:? This is my calculations:
Lots Booster Pips Acum Pips Mult x Lots Acum Mult
0.01 1.68 31 31 0.31 $ 0.31
0.02 1.68 31 62 1.04 $ 1.35
0.03 1.68 31 93 2.62 $ 3.98
0.05 1.68 31 124 5.88 $ 9.86
0.08 1.68 31 155 12.35 $ 22.20
0.13 1.68 31 186 24.89 $ 47.10
0.22 1.68 31 217 48.79 $ 95.88
0.38 1.68 31 248 93.67 $ 189.56
0.63 1.68 31 279 177.04 $ 366.60
1.07 1.68 31 310 330.48 $ 697.08
Kind Regards.
The second line is:
Lots = 0.02
Booster = 1.68
Pips = 31
Acum Pips = 62
Mult x Lots = 1.04
Acum Mult = $1.35
Interesting point German. I’m currently running 3 pairs (GBPUSD, CHFUSD, USDJPY) with almost the same settings (1.7 booster) but with the minimum lots setting at .02 micro lots and 500:1. Thus far my account is up 70% since September – certainly not the 50% gains in 2 weeks as some posters have experienced but I haven’t experienced a margin call either. (knock on wood)
I’ve noticed that nobody has mentioned the recommended settings from the user’s manual which is .01 lots per $100. Far too aggressive for my tastes but those are the suggested settings.
One last note is that the currencies used are important, as well. GBPUSD is probably the most aggressive pair I’d use with FH with the JPYUSD the least volatile.
hmm serious doubt about the risk is calculated. Wont it depend on the value of the pair? I am absolutely new to forex so please pardon any mistake. According to me lets say we have the following:
Micro account of 1000$ with 1:100 leverage (my understanding is 1 lot in micro account is 1000$)
As per Forex Hacked lot size should be 0.1
pipstarter is 30 and booster is 1.68
Current price of GBPUSD is 1.5435. Afetr 10 trades you would have invested 26,191.01$ and sold 17,222.71£
price lot trade value gbp bought
1.5435 0.10 100.00 64.7878
1.5405 0.17 168.00 109.0555
1.5375 0.28 282.24 183.5707
1.5345 0.47 474.16 309.0018
1.5315 0.80 796.59 520.1398
1.5285 1.34 1338.28 875.5500
1.5255 2.25 2248.31 1473.8167
1.5225 3.78 3777.16 2480.8909
1.5195 6.35 6345.62 4176.1256
1.5165 10.66 10660.65 7029.7701
Now when we close out all trades at 1.5135 price that means we are buy back 17,222.71£ that we have sold throuhgout those 10 trades at 1.5135 = by paying (17,222.71X1.5135)=26,066.57$
So, the loss 26,191.01-26,066.57=124.44$
If thats the case then you should not get a margin call. Am I horribly wrong?
Hi,
How many currencies have you at the same time?
I gpb/usd and usd/jpy
@David:
The question you’re asking here is not clear. Did you mean to ask the number of currency pairs that is run at the same time using Hacked on this page? Or did you mean to ask for the number of currencies in the stated pairs, GBPUSD and USDJPY?
In any case, I’ll lean towards the former rather than the latter. Depending on your starting deposit, it is not advisable for you to run more two pairs at a time. Forex Hacked is a generously merciless robot. It can make you happy this moment and swadle you with misery in the next. You will indeed be courting mental agony if you trade more than two currency pairs.
Be careful!
Cheers,
Reny.
reny4forex@yahoo.com
What is the best recommeded pairs to trade if I want to run two pairs
Hi everyone,
Hope you guys can answer my queries. I’m going to try Forex Hacked with a USD500 micro account. What do you guys think? Is USD500 enough? Can the settings that admin has graciously provided us with run on a USD500?
Hi Curious,
As regards what is enough a forex investment and what is not, I’m not sure it is within the prerogatives of members in this forum to give you such a piece of advice. None of us here knows your current financial situation nor can we fully tell how deep your pocket is.
However, like any other business, the more you invest, the more the potential to make more profits; and the more the risk you take by investing a lot, the more the potential to lose big if things go awry. The rule of thumb is: Do not invest the money you cannot afford to lose.
If losing $500 to forex won’t make your life miserable, then by all means throw in your hat using Admin’s settings. But choose your broker very carefully and don’t get greedy with Forex Hacked. It is profitable but VERY risky.
Hope this helps.
Cheers,
Reny.
reny4forex@yahoo.com
May i know if the FxOpen lot setting, we shall put as 1 lot for 0.01 lot from VIP setting correct?
Thx!
@ 1Malaysian:
FXOpen’s minimum lot is 0.10. Anything below that, would result in “Error 131: Invalid Trade Volume” in the Journal tab. The robot won’t work if you go below that.
Be careful though. Your ability to sustain your account with a lot this high using FH’s martingale strategy is incumbent on the type of account you’re running with FXOpen and your account size.
Have a pips-filled week.
Cheers,
Reny.
reny4forex@yahoo.com
Hi Reny4jah,
Thanks for the explanation. If my deposit is about 500usd in FxOpen micro account, so it is better i’m using the minimum 0.1 lot instead of 1 lot? Need your advice, thanks!
Because i’m looking at VIP setting, the lot size is 0.01 but it was unable to set on FxOpen as the min size is 0.1 only……
Hi,
By default 132 has shown to be the most conservative and safest value ,this is in the manual…. but there is not none settings wit this? why?
Only with 45 pips or 35…. nobody try this 132 TP?
Hi, How to join VIP membership. It is very interesting and I wouldl like to find out more about EA recomended by this web.
Thanks
Hello again fellow forexers,
Please help, I’m confused.
The Forex Hacked Review says “Yes” under the ECN column, but the VIP “Live” micro account settings say: “support ecn = false (not an ecn account)”.
Which is it? And what does ECN stand for anyway?
Please reply.
Thank you.
@Solomon:
ECN is an acronym that stands for Electronic Communications Network. Forget all those technical jargons that accompany the meaning of this abbreviation. How do you know if a broker is an ECN broker?
Simple. If the broker charges commissions on your trades, it is ECN. If the broker doesn’t and it is not a Dealing Desk broker, then it is a Straight Through Processing (STP) broker.
So, look closer at your broker and your demo accounts. Does it charge commissions on your trades. If it does, then change ECN to true. If it doesn’t, change it to False. That is how it is done, pal.
Hope this helps.
Cheers,
Reny.
reny4forex@yahoo.com
Hi fellow forexers!
I’m new to forex. I joined the VIP section and received the “Live” Micro Account Settings.
Regarding ECN support, the VIP settings say the following:
support ecn = False (not an ecn account)
My question is, what is ECN and why is it not supported?
Also, regarding which service product to choose with broker FXOpen, should I get an ECN account with them or just go with a regular standard account?
Thank you in advance for your reply.
May i know how to get the VIP settings for the FH?
Thx!
Hi
Somebody use it to every 5 currency pair? which settings do you use?
@Tici,
5 Currency pairs using Forex Hacked? I ask the individual to post his/her results on the discussion board.
Don’t be fooled. Anyone who does that is setting his/her accounts up for a disaster.
You can’t run all the recommended pairs with Forex Hacked. It is simply suicidal.
As for the settings you could use with any given pair, become a VIP member by signing up for it and the rest will be history.
Cheers,
Reny.
reny4forex@yahoo.com
Hello ForexTom.
Wich Version of ForexHacked use you? 2.3?
Can u share your settings?
Thanx
Cyrus
Thanks a lot, I’ve received my VIP pssword.
Sam