IAmFX is popular also thought I've never got any profit there on any demo account.
Please can you write about this little bit more?
I have just created a Live MicroAccount leverage 200:1 and want to add MegaDroid EA there.
Nothing to tell really. Tried some EAs and they were just losing more than winning. Different settings applied and so on but at the end of the week the balance just had shrinked. Could be news that affected this. Or something else.
It could be that market was bad at those times or bad to the EAs I tested. Could be EAs themselves were no good. Then again once in the same time period with same EAs at work on another broker I managed to get good profit. It was FXCBS.
There are so many variables at work here that final conclusions are hard to draw so I just trust my eyes. There was a lot of red and I like green far more 😄
Still, MD with good settings might work well there(IAmFX).
Just my thoughts, ignore me completely 😎
P.S. IMHO unless one really wants to trade news they should be avoided while using EAs(market tends to move even more erratic, usually any indicator is way too lagging to notice these ups and downs in time). I really wonder why many robots do not have this option of avoiding trading during news events?
P.S.S. Some coder has implemented news avoiding to some version of MD. I myself edited a version of DP to avoid news.
Less effort, better results.