Buy Vibrix Group EA 10-20% monthly since 2019 with 1,45% drawdown (myfxbook)

Admin, I already paid using PayPal since Friday and still I'm showing it on the top.

 

Now I will detail my accusation so that anyone, with a brain, can understand.
I purchased the ea this morning and, once setted it up, I decided to raise the risk and multiply the default one (0,5%) times 20. I did that because the owner clearly told me, during a difficult conversation on Telegram, that with a risk ratio of 0,5% I would have ad a maximum drawdown of 1,45% and, for each 1000 USD deposit the lot per trade would have been 0.05.
Now a little bit of math: I made a deposit od 1000 USD, so each trade would have had a lottage of 0,05 by default but I decided to increase the risk setting a fixed lot of 1.00. I did that because, by default I would have had 0.05 with a max DD of 1,45% but with 1.00 my DD should have been maximum 1,45% * 20 = 29% still acceptable.
Well...at least I tought so.
In the afternoon the ea started working setting a buy limit on XAUUSD, it entered the trade but suddenly it went the different direction and the ea continued to set others buy limits. I entered 3 trades and in 1 hour it blew my account away. Now...I surely am not a master in trading but I am able to understand that here there is a big problem.
Firstly the drawdown of 1,45% is just a lie and secondly I went to the system's myfxbook page and the equity is always been 100% even if the last update is coherent with my money loss. If the ea sold by virbix would have been the same I should have seen an equity lower than 100% but clearly it is not.

Then I proceded to tell all this stuff to the owner via telegram but he became rapidly upset and decided to block me, probably because he is unable to hold a genuine conversation. Now I have lost other time of my life writing down this review and I have been a stupid believing him and deciding to send him the money via BTC.
If I am wrong please reply me, I am a genuine person and I can recognise my mistakes.
Quote fron fxbook review

 

Thanks for the very useful information.

 

Can you send us a photo of the EA parameters that the seller gave you, please?

 

This was a quote from myfxbook reviews

 

Clearly the guy and is max drawdown math is flawed. a 1 lot trade on a 1000$ account is absolutely a suicide wish. sounds like this idiot doesn't understand what a margin call is. an acceptable lot size for trades with an acceptable entry ratio on the account balance would be more like 0.01 per 1k balance maybe even 0.02. Then again this is my risk tolerances and some people treat forex like a casino.

 

Looking at MYFXBOOK I can see it is not a Martigale nor a Grid, when it loosed it closes the trade and them place another, so I don't understand how in a short period of time it blew up Rich's account. Please go to your history, right click and save it as a DetailedStatement.htm. Thanks

 

Can i switch to this instead ?
Firestorm Odin

 

Rishi, why did you sacrifice $1000 on such a dubious EA when you could wait just a couple of days and risk only $35? to get it?

 

Paid

 

I'm running a crack version of it for 2 days and it's making a profit every day.

 

can you show a picture of the EA attached to your chart so we can see if it's the proper EA?

 

Please read last line, This was a quote I copy and pasted from their review page.

So if he deposited $16 million and made $60k profit, that is only less then 1% profit and with 1.4% drawdown, actually really bad, then we withdraws the millions so it seams he is making huge percentages

 

You did not read the guys comment correctly. He leveraged 20x recommended lot size so those three losing trades in a row that say -1.6% each would have blown his account

 

yeah, that version can be found everywhere...
looks like this bot is like EA phoenix,

 

Did you just go ahead and put this EA on a real account?
I always back-tesd it if (possible) first and them move it to a demo account before putting on a real account for 1 or 2 weeks and 95% of the people I know using EAs do that religiously.
I don't know how experienced you are but that looks suicidal to me.
Please, provide account history or give us your server & investor password to take a look.
Thanks

 

Edit: It is EA phoenix, run away.