I was about to dump this EA last week before it finally made some $$ again. I realize that I have it set for large moves only and I am happy with that. I am thinking like blessings to move my first couple of levels to small reentries of 200 pips or less, then on greater than 3 moving them to 240+ pips dependent upon currency. I think it is unrealistic that I will get 10% per month as projected on this EA, however, my drawdown has been really low (around 3% or so most of the time). I will have to spend more time figuring out which currencies and where to scale up. So far GBPUSD is the bi......

[quote]junglist00 posted: Thanks again for info. , am currently testing blessings on eur/usd ... still trying to understand how it makes trades [/quote] Best pair to use it on in my opinion is gbpusd. It has the most up/down movement and if you look at my summary is the most profitable with the least drawdown. Worst is GBPNZD or GBPCAD/GBPAUD. Anything that trends heavy with the market. It is quite simple in a way. It figures out the trend using SMA/RSI. Default when a certain MA cross occurs it reenters if the drawdown is greater than X pips. X pips is decided upon the 'matrix' ......

Well, I put GBPNZD on my list of pairs to be traded and thus far, I am finding it to be a bit 'hairy'. (To be removed upon close) I was warned not to use it, but thought I would give it a try as the backtests worked out OK. However, due to large spreads, it missed closing out several lower level trades and I think I am at Level 11 now. Much higher and sooner than I expected. All other pairs are working perfectly. I have another 20K I can wire into this account immediately if I get close to issue with DD. So far only at 6% DD or so. :)

Soeren, It is good to be skeptical I believe if you are looking at it for an investment. But to criticize just off the merits of your OWN limitations is a bit challenging. I have personally seen people bring in over 100% per day trading futures consistently. So, you say, "Well, if that were me, then why would I do all the things that they do... etc..". Well, they spend their time trying to help people get a mindset wrapped around making 100% per day IS INDEED possible. So, they don't trade every day, they aren't aggressive in their trading. This company could be a scam. I s......

I guess you watched a lot of Bugs Bunny as a kid. :) Will keep track of your EA. Everyone wants to be a money manager, but so few actually want to earn a living off THEIR OWN trades. I wonder why that is.... I would think the first goal is to earn a living off of the trading (which YOU may already be doing), then offer it to others? That is my goal at least. I am almost there, but mainly due to futures trading, not forex. [roll]