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Author Topic: EVOnight EA  (Read 12713 times)

Offline ivanvp

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Re: EVOnight EA
« Reply #15 on: March 31, 2018, 11:50:16 AM »
Hi Ivan,

I purchased your EVOnight EA yesterday evening, but I have problem to install it on my VPS. If I click "Installlieren auf dem Terminal", it shows endless "Waiting for mql5.com", see attached screen shot. I have otherwise no problem to access MQL5. On my PC the following installation page did appear. Can you send me the EA file directly? If needed, I can send you a Paypal invoice copy to prove my payment. Moreover, I would like to know if it is possible to install it both on my PC for backtest and on my VPS for real/demo trade?

Best Regards

Hi, I cannor send you EA directly.

You have to login into the MQL5 Community inside your terminal, open tag Market and find EvoNight. And install EA from your terminal.

Offline taipan888

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Re: EVOnight EA
« Reply #16 on: March 31, 2018, 12:49:38 PM »
Dear Ivan,

as you can see in my screen shot, I have done this, but it doesnt open the installation page. Can you please tell me if I can install it both on a demo account on my PC for backtest, and on a live account on my VPS?

Best Regards

Offline ivanvp

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Re: EVOnight EA
« Reply #17 on: March 31, 2018, 12:56:38 PM »
Dear Ivan,

as you can see in my screen shot, I have done this, but it doesnt open the installation page. Can you please tell me if I can install it both on a demo account on my PC for backtest, and on a live account on my VPS?

Best Regards

Yes, you can install at your home PC and VPS. Totally you have 10 activations. But for home PC better to get Demo - not activate it.


Offline bearnakedbull

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Re: EVOnight EA
« Reply #18 on: March 31, 2018, 03:38:57 PM »
Hi Ivan. The brokers you mentioned are available only to non-US traders. Will your scalpers work well with FXChoice Pro (ECN) accounts?

I think it will work, but I cannot guarantee you results as good, as mine.

Thanks. Why do you trade such a tiny amount yourself?

It's just a monitoring. At another one (EvoNightEA) monitoring I am trading biggest lotsize. There are no sense at big accounts - 0.01 or 0.15 or 0.25 lots - results are similar.
Results are not similar for me at same broker on VPS but with much larger amounts. As I already mentioned above a huge different in a recent euraud loss was sobering evidence of that. My loss was 40 pips and yours just 20. Back on January 24th I lost 40 pips on gbpaud and the vendor didn't even get that trade so I turned that pair off. Again, I am on the same broker with VPS. My concern is that the tiny account is trading as nicely as a demo account would trade but as it grows perhaps it will be a little more representative of what forum members might expect. But really, who would even bother to purchase an EA for $400 to trade on a sub $100 account?
« Last Edit: March 31, 2018, 03:52:25 PM by bearnakedbull »
Regards, bnb

Offline dasher1980

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Re: EVOnight EA
« Reply #19 on: March 31, 2018, 04:13:27 PM »
You are absolutely right, if you as a developer have no conviction in the EA, and the maximum balance you trust the EA is 100usd....

MQL is a popular website, with some good EAs, but also lots of crap. The ones with the most comments (from the developers themselves) are the worst. So assuming he sold a couple of hundred copies of the EA, why not put the money of 3 copies in his own account. So you get he average balance of the client. Ie >1000 usd. Surely no client buys an ea for 400usd to run it with 100usd...

Offline ivanvp

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Re: EVOnight EA
« Reply #20 on: March 31, 2018, 05:45:21 PM »
You have understand, that live signals only for monitoring trades - not more. At the same broker, server and similar balance, trading results can be different.

I have showed another one my monitoring with the biggest lotsize and balance:

https://www.myfxbook.com/members/PeregrimEA/evonight-macmy/2422465

bearnakedbull, you are writing here about your big losses here and at MQL5, but any proof... Just a words.

If you are not using Virtual Stop Loss (I have added it one month ago), you can had loss at EURAUD last week. At rollover spread can be 10-20-40 pips for some ticks. I have specially added Virtual Stop Loss to protect users, but you don't use it. Is it my problem or problem of EA? No, you have switched off standart function.

Yu said about GBPAUD. Jsu a one question: Is it possible to trading without losses at Forex? No. All my trades at Myfxbook. I don't hide anything. There are a lot of users, which show their trades and monitorings and there are no any problems:

https://www.mql5.com/en/signals/388866 - This user using EVO and had loss at EURAUD too, but not a full, because he follow my recommendations and use Virtual Stop Loss.


 

Offline pipsbuster

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Re: EVOnight EA
« Reply #21 on: March 31, 2018, 05:59:18 PM »
Just take it as an EA you wouldn't risk more than $500 with - just like the vendor does.

Offline ivanvp

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Re: EVOnight EA
« Reply #22 on: March 31, 2018, 06:24:37 PM »
Just take it as an EA you wouldn't risk more than $500 with - just like the vendor does.

This is just my public monitorings. Really, a size of account isn't important. More important lotsize. You can use 0.5 lot for $500 or you can use 0.05 per $500.

You have to understand: there are no sense at account size for monitoring. For systems which need more money, I have opened a biggest accounts (for Apogeum 2 accounts x 1500). It's just for monitoring.

We are using B-Book brokers and results for 0.01 and 1 lot will be similar.

There are no sense for me to open big accounts just for monitoring... For me, as for developer, most important to check stability of a system. Users can use different risks and they are using some EA's at account.

I have own accomunts with the another systems and there are another lotsize and risks...
« Last Edit: March 31, 2018, 06:31:53 PM by ivanvp »

Offline pipsbuster

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Re: EVOnight EA
« Reply #23 on: March 31, 2018, 06:31:28 PM »
Just take it as an EA you wouldn't risk more than $500 with - just like the vendor does.

This is just my public monitorings. Really, a size of account isn't important. More important lotsize. You can use 0.5 lot for $500 or you can use 0.05 per $500

Of course - there shouldn't be execution issues if you trade a small lot size on a large account. Yet then it would make more sense to trade that same lot size on a smaller account not to risk any unused capital to a "black swan" event. As this EA trades illiquid exotics during the Asian hours, I wouldn't risk more than $500 with it either, just like the vendor.

Offline ivanvp

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Re: EVOnight EA
« Reply #24 on: March 31, 2018, 06:49:26 PM »
Just take it as an EA you wouldn't risk more than $500 with - just like the vendor does.

This is just my public monitorings. Really, a size of account isn't important. More important lotsize. You can use 0.5 lot for $500 or you can use 0.05 per $500

Of course - there shouldn't be execution issues if you trade a small lot size on a large account. Yet then it would make more sense to trade that same lot size on a smaller account not to risk any unused capital to a "black swan" event. As this EA trades illiquid exotics during the Asian hours, I wouldn't risk more than $500 with it either, just like the vendor.

Yes, I have recommended to separate a big accounts to few small (for example 4 accounts by $500) with the big lotsize (for example 0.5 lot). You will not have a risk of a "black swan" and big sllipage.

Offline dasher1980

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Re: EVOnight EA
« Reply #25 on: March 31, 2018, 08:10:25 PM »
So Ivanvp, you would consider anything above $500 already a big account? i.e. the EA might struggle with a account of a couple of thousand dollar?
I still don't seem to get it, i.e. who are these people who buy your EA for $500 and trade it wiht an account of $60, it will take many many years to recoup the initial investment.

The other account with the "biggest lotsize and biggest balance",  you funded it with $360 instead of $60. Thats not even 1 sale of the EA. Does it mean that really nobody buys these EA's or you think its way to risky to fund the account from the sales of a couple of EA. So far clearly it looks like you dont really make any money on the trading of the EA, but purely on the sales via MQL no?

Offline ivanvp

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Re: EVOnight EA
« Reply #26 on: March 31, 2018, 09:38:21 PM »
So Ivanvp, you would consider anything above $500 already a big account? i.e. the EA might struggle with a account of a couple of thousand dollar?
I still don't seem to get it, i.e. who are these people who buy your EA for $500 and trade it wiht an account of $60, it will take many many years to recoup the initial investment.

The other account with the "biggest lotsize and biggest balance",  you funded it with $360 instead of $60. Thats not even 1 sale of the EA. Does it mean that really nobody buys these EA's or you think its way to risky to fund the account from the sales of a couple of EA. So far clearly it looks like you dont really make any money on the trading of the EA, but purely on the sales via MQL no?

You haven't understand anything what I and pipsbuster said. About $500 for account not only for my EA - for all scalpers.

You can you a 5 000, 10 000 or biggest accounts without problems... until "black swan" as were at CHF and at GBP... Brokers give you a big leverage, so you can use not all money for trading - just a part with the biggest risks.

As I see, users are using 500 - 1 000 USD per 0.5 - 1 lot and they have a over 100% per month only with the EvoNight.

Quote
The other account with the "biggest lotsize and biggest balance",  you funded it with $360 instead of $60. Thats not even 1 sale of the EA. Does it mean that really nobody buys these EA's or you think its way to risky to fund the account from the sales of a couple of EA. So far clearly it looks like you dont really make any money on the trading of the EA, but purely on the sales via MQL no?

Size of account don't have any metter - main a risks and profit. This accounts just a monitoring. Not more. To check the trades, stability and profit of systems and compare with your results. I have another accounts, my own, where a lot of systems are working (not only my) and there are no any sense to show them.

And for me there are no any sense to open 5 000 or 10 000 accounts for monitoring, because money will be blocked there for a long time.


I will not answer more about account size and lotsize at monitoring, because this discuss don't have any sense. I have opened 2 accounts (each $1500) for Apogeum Price Action and Apogeum Conservative, because they need biggest balance for monitoring!
« Last Edit: March 31, 2018, 09:41:29 PM by ivanvp »

Offline pipsbuster

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Re: EVOnight EA
« Reply #27 on: March 31, 2018, 10:14:11 PM »
If one considers trading larger amounts with scalping strategies, only EURUSD and GBPUSD are relatively safe in the long run, as the competing Best Scalper EA has demonstrated whose vendor blew accounts where he also traded other pairs. EVONight's trading is limited to exotics that often suffer from low liquidity (and thus, big slippage and spread increases) during the Asian session which it trades. The vendor aims at a lasting track record to ensure continuous sales, so it's prudent of him to trade small amounts only. Small account balance is really a matter of the strategy's limitations rather than the vendor's choice - if this strategy was safe to trade larger amounts, the vendor sure would.

Offline ivanvp

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Re: EVOnight EA
« Reply #28 on: March 31, 2018, 10:22:06 PM »
If one considers trading larger amounts with scalping strategies, only EURUSD and GBPUSD are relatively safe in the long run, as the competing Best Scalper EA has demonstrated whose vendor blew accounts where he also traded other pairs. EVONight's trading is limited to exotics that often suffer from low liquidity (and thus, big slippage and spread increases) during the Asian session which it trades. The vendor aims at a lasting track record to ensure continuous sales, so it's prudent of him to trade small amounts only. Small account balance is really a matter of the strategy's limitations rather than the vendor's choice - if this strategy was safe to trade larger amounts, the vendor sure would.

I recommend to use 0.25 - 0.5 lot per account. With this lotsize you will not have troubles. If you want to use biggest lotsize, better to separate accounts. And have 2 or more accounts with the 0.25 - 0.5 lot. Some users are using system with the biggest lotsize, but I am sure they are at B-Book. So, if you will use ANY SCALPING SYSTEM with the big lotsize and have a stable profit, broker will move you to A-Book and you will have biggest slippage.

I have 95% similar results for system with the lotsize less 0.5 at different accounts.

Offline bearnakedbull

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Re: EVOnight EA
« Reply #29 on: April 01, 2018, 12:50:22 AM »
Most of us are trying different EA's because we would like to earn some extra money. It is not just an academic study. I find it odd that the vendor is running live accounts for "monitoring only and nothing more". What the hell is the point of that? If I developed and EA that worked and that I believed in, then first I would consider very seriously if I wanted to share it publicly because I would be mostly interested in trading it myself for profit. Now assuming that my personal funds were a little short then I would sell some copies and get started trading for profit. Either way I would see no purpose in trading a $20 dollar live account not even to promote more sales. The point is lost on me.
Regards, bnb

 

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