Frequently Asked Questions
Our platform/website sells automated trading strategies (robots) for various platforms. Here are the key details you should know:
How long does it take to receive the robot after purchase?
After your purchase, we strive to process and deliver your robot as quickly as possible. Typically, the delivery time is up to 12 hours. However, in most cases, you will receive your robot much sooner.
Can I use MANGOincode robots in prop firm accounts?
Absolutely! Our robots are specifically designed to be compatible with the rules and requirements of most prop firms. In fact, one of the main advantages of our robots is their low drawdown, making them ideal for passing prop firm challenges and maintaining funded accounts.
How do you achieve such low drawdown for prop firms?
Our robots are developed with advanced algorithms that prioritize risk management. We use optimization techniques to balance performance and stability, resulting in notably low drawdown. This not only helps pass prop firm challenges but also contributes to maintaining funded accounts in the long term.
Do you offer any guarantee that the robot will work in my prop firm account?
While we can't guarantee specific results due to the variable nature of financial markets, we do guarantee that our robots comply with typical prop firm rules regarding maximum drawdown, lot size limits, and other common restrictions. Additionally, we offer technical support to help you set up the robot correctly in your prop firm account and optimize it according to your provider's specific rules.
What platforms are your trading robots compatible with?
Our trading robots are available for the MetaTrader 4, MetaTrader 5, and Jforex platforms.
What initial balances were used for the performance testing?
All the performance results shown on our website are based on testing with $100,000 initial account balances.
How can I get in touch with you after making a purchase?
If you have any questions or need assistance after your purchase, please contact us through telegram:@mangoincode
How Are the price of our strategies calculated?
The prices for each strategy are based on a detailed performance analysis using two key indicators: Profit Factor and Drawdown. Here's how these factors influence the pricing of our strategies:
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The Profit Factor is a measure of the ratio between the total gross profit and the total gross loss of a strategy. It is calculated by dividing the gross profit by the gross loss. A higher Profit Factor indicates that the strategy is more profitable, generating more gains relative to its losses. Strategies with a higher Profit Factor are priced higher, as their performance has been evaluated as more robust and consistent.
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Drawdown refers to the maximum decline in capital from a peak to the lowest point during a specific period. It measures the risk and volatility of a strategy. A lower Drawdown signifies that the strategy experiences fewer losses during market downturns, indicating greater stability and lower risk.
All our strategy prices start from a base cost of ---- $99. From this base price, the cost of each strategy may increase depending on its Profit Factor and Drawdown
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Higher Profit Factor: Strategies with a higher Profit Factor are priced at a premium due to their superior profitability.
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Lower Drawdown: Strategies with lower Drawdown are also priced higher as they offer greater stability and reduced risk.
What should I do after making the payment ?
After making the payment, please make sure to properly fill out the corresponding contact form. This will help expedite the delivery of your robots.
How were the trading strategies developed?
All our trading strategies were developed using theStrategyQuant X software, and others, with extensive testing and Monte Carlo analysis.
How long is the license valid for the robots?
All our trading strategies come with a lifetime license, meaning you can use the robots indefinitely without any time restrictions.
WHITELABEL - How much do the strategy codes cost?
You can purchase the strategy codes (WHITELABEL), whether for MT4, MT5, or cTrader, for a fixed cost of $899 per strategy. Contact us for that: @mangoincode
Payment Methods
We accept all major credit and debit cards through our secure Stripe payment gateway.
No warranties
Our website is provided "as is" without any representations or warranties. We do not warrant that the website will be constantly available or that the information on the website is complete, true, or non-misleading.
Modifications
We may revise these terms of use for our website at any time without notice. By using this website, you are agreeing to be bound by the then current version of these terms of service.
Breaches of these terms and conditions
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We reserve the rights under these terms and conditions to take action if you breach these terms and conditions in any way.
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We may take such action as seems appropriate to deal with the breach, including suspending your access to the website, prohibiting you from accessing the website or our social networks, or bringing court proceedings against you.