Big warning on robominer..... !!
Your account would look like this. I hope for the owner that this is not robominer....https://www.myfxbook.com/members/Forextrade/tradehunter/2630
First a good (EA / system) open trades with Stop loss !!
1. What % per month should it be averaging?
Well make 5% / month and your are safe....
2. How long should it be forward tested?
Well I fwd test at least 6 month.
3. Do you think back tested results are important?
It is for me but will not trust the gain results only fwd test will.
4. What other factors should we look at before buying an EA?
I try to learn from my mistakes and I will never buy an EA that.
a- open trades without stoploss or have not hidden S/L ( Robominer do not)
b- No new EA's ....
5. Are most commercial EAs hyped?
Well I know coders that open EA's in 1 day so why would someone sell an EA that makes money ?
I have no answer on this question :( . Maybe someone have. If I had a good EA I would not sell it....
6. Are you personally doing well using an EA?