AlgoTradeSoft | Innovative EA (by AlgoTradeSoft) Quick Stats
Gain: +11736.87%
Drawdown: 2.41%
Pips: 1028.9
Trades: 1334
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

Full Report

User's Page

Message

Rating: Full Star Full Star Empty Star Empty Star Empty Star
AlgoTradeSoft | Innovative EA Discussion
Previous 1 2 3 4 5 .. 10 Next
trader30

Member Since Apr 15, 2015  65 posts trader30 Nov 30 2015 at 12:39
is it for sell

des12

Member Since Jun 25, 2015  30 posts des12 Dec 02 2015 at 08:15
This looks very promising, can anyone comment who is using the system. What brokers would it work on? Ic Markets, Fx Pro? Pepperstone? cheers

AlgoTradeSoft

Member Since Aug 27, 2015  20 posts AlgoTradeSoft (AlgoTradeSoft) Dec 03 2015 at 16:32 (edited Dec 03 2015 at 16:34 )
Hi everyone!
Innovative EA - commercial fully automated fx robot.
The EA is highly efficient due to the adaptive trade management algorithm,which allows winners run and cuts losses immediately.
It was backtested and optimized using real ticks with 99,9% quality.BackTest 99,9% quality:
https://www.myfxbook.com/strategies/algotradesoft-innovative-ea-v-950time/90077
The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions.

We developed in EA slippages control algorithm, it gather statistic for slippages, calculate total trading cost and will warning you if trading condition on your broker is unprofitable, here how it look:
https://prntscr.com/99wk9y

You can buy EA on MQL5, here url:
https://mql5.com/7eu9


In new update(soon):
Slippages Control Algorithm will help you find broker with best trading conditions and warning you about bad broker to save your money.

Regards,
Alex

FXtrader2010

Member Since May 20, 2011  721 posts FXtrader2010 Dec 03 2015 at 17:47
Why is this only on FXCM? trade times under 1min? SUPER sensitive to broker and execution, and spread. How do you even guarantee this?

AlgoTradeSoft

Member Since Aug 27, 2015  20 posts AlgoTradeSoft (AlgoTradeSoft) Dec 03 2015 at 19:55 (edited Dec 03 2015 at 19:59 )
Why is this only on FXCM?
1. FXCM is reputable broker.
2. Our accounts was on FXCM, so we started testing with them.
3. Innovative EA is not only for FXCM, you can trade with other brokers.
trade times under 1min?
1. Yes, there short term price movement and IEA can catch it.
2. As you see stop loss is 1.6 - 3.5 pips, so Innovative EA is low risk EA.
3. Average loss/average profit ratio is 1/2. That means cut the loses and let the profits run.
SUPER sensitive to broker and execution, and spread. How do you even guarantee this?
1. Yes, IEA sensitive to brokers trading conditions.
2. We do not guarantee anything. No one cann't guarantee anything on financial markets.
3. EA can show to you not suitable trading conditions, so you can save money before you start trading on high volume with not suitable broker.
4. EA can adapt to spreads, but execution is big question to your broker.
5. In the World thousands brokers, it is impossible to test them all.

AlgoTradeSoft

Member Since Aug 27, 2015  20 posts AlgoTradeSoft (AlgoTradeSoft) Dec 03 2015 at 20:03
Different brokers have different trading cost. Some brokers use slippages to make money on you and you never see how much you pay them. When you trade you see only commissions, iEA can show you REAL trading cost of your broker.

trader30

Member Since Apr 15, 2015  65 posts trader30 Dec 04 2015 at 16:09
what do you mean by (time) ?

AlgoTradeSoft

Member Since Aug 27, 2015  20 posts AlgoTradeSoft (AlgoTradeSoft) Dec 06 2015 at 16:48
trader30 posted:
what do you mean by (time) ?

Here you can read about it:
https://mql5.com/7nlv

trader30

Member Since Apr 15, 2015  65 posts trader30 Dec 06 2015 at 17:00 (edited Dec 06 2015 at 17:00 )
Is the EA safe to run during news time?

AlgoTradeSoft

Member Since Aug 27, 2015  20 posts AlgoTradeSoft (AlgoTradeSoft) Dec 07 2015 at 11:05
Yes, in EA used protection algorithm from trading on low liquidity and wide spread. If market conditions will be unsuitable, trading will be stop immediately. When market conditions became suitable, EA will continue to trade.

EA always adapts StopLoss to market conditions. If you will use risk per trade EA, will calculate trading volume according StopLoss.

Previous 1 2 3 4 5 .. 10 Next
Foreign bond investment (26 min)
NZD/USD holding steady near 0.6850 follo...(5 min ago)
EURUSD 1.15739 GBPUSD 1.31719
USDJPY 110.399 USDCAD 1.331

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.