Frequently Asked Questions
The User run the EA without VPS or virtual private server. EA runs effectively thru VPS that client must have. Otherwise, he needs a computer that runs 24/7 5 days a week or a device that is not being turned off.
Overriding or overlapping: The Installation of two or more broker account requires proper configuration in its installation folder. Most of the users immediately run the .exe file after downloading it, not putting it first to the right installation directory
The JotForm inputs often differ from the actual EA inputs. Users frequently overlook updating the equity to reflect their new starting balance. It's essential for users to thoroughly review and confirm the inputs before initiating the EA.
The user forgets to turn on the Algo Trading before running.
The user tends to be apprehensive about significant drawdowns or floating losses, leading them to intervene in EA trades or operate it in a hybrid mode—utilizing the expert advisor alongside manual human interventions
The user does not follow the window time of loading. They just load the
ea whether they want to load it.
Thumb rule is that load it at least two hours before two exchange overlaps.
2:15-2:45am, 915-9:45am, 2:15-2:45pm.
The user deviates from the recommended 1 percent optimal profit, experimenting with a higher percentage. For instance, a 1% compounding already yields a substantial 20% after just 19 days. It's crucial to find contentment and satisfaction in such positive outcomes.
Loading the EA at least 2 hours before the overlap of two exchanges increases the likelihood of achieving optimal profit within 1-2 days. Results may vary if the EA is loaded beyond our recommended timeframe, and we cannot assure the same level of quality outcomes.
Make sure "Algo Trading is on" when loading and running ea. Otherwise it may run but it will not follow our algorithm.
Possible losses may be attributed to pending orders from the previous setup not being deleted or cleared before initiating the new EA. As a result, these orders are triggered and executed without following the proper algorithm, leading to losses.
Munch Master Concept for its algorithm is a 7-year cumulative concept based on trading experience and a 1 and 1/2-year weekly backtesting. We used our own proprietary math calculations and designed algorithm to ensure that it will deliver the optimal profit that was set.
Based on backtesting that was made, the max drawdown is 45% or let us say 50% and an average of 12% weekly drawdown. There is no burned scenario since the conception of the backtesting process. The team continues the process of backtesting even up to now and ready to fix if bugs/errors occur.
On our part, we are confident that the success rate is exceptionally high, bordering on perfection. However, perfection is elusive, and predicting the future actions of the market is an impossibility. To address this, the EA is equipped with an Equity Protection Limit, enabling users to only risk an amount from their equity that they can afford to lose, particularly in unforeseeable events that none of us can predict.
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