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

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AlgoTradeSoft | Innovative EA Discussion
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InvestorFX2

Member Since Oct 25, 2013  19 posts InvestorFX2 Jul 27 2016 at 20:05
If I rent or buy the EA, is there a limit to the number of accounts it can be used on? At that price, I hope not!

Donato1988

Member Since Apr 15, 2013  2 posts Donato1988 Aug 01 2016 at 05:59
AlgoTradeSoft posted:
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


Thank you so much for your information.

InvestorFX2

Member Since Oct 25, 2013  19 posts InvestorFX2 Aug 03 2016 at 10:13
Hello again,

I am very interested in purchasing the EA but $30,000 is a lot of money, so just a few final questions please:

- just to confirm as I'm new to this; that 5 PCs means 'unlimited' accounts on 5 different servers?
- does your activation allows for PC changes... such as moving from a VPS to a dedicated server?
- for the managed account; is this the same EA and same settings that I could use on my own if I buy the EA?
- is there enough liquidity left to ensure profitability ie. Some are saying that large lot sizes results in poor performance? Please clarify...i will keep your answer to myself of course. Also what lot size is large?
- can the EA be run alongside another EA on same account? Can I set a separate magic number and comment for your EA trades in order to prevent order conflict between EAs?

Thank you and regards

Ian

nice1

Member Since Sep 27, 2013  20 posts nice1 Aug 04 2016 at 11:19
Why has history been changed to private? I purchased this EA when it was for sale and I regularly check the master account history for comparison with my results. Can you please make history public again?

GroupoTrade

Member Since Nov 21, 2015  4 posts Groupotrade (GroupoTrade) Aug 07 2016 at 06:18
Problem with this EA you can use 1 month after broker change something in your account, i have experience already now FXCM have red message change broker.


Regards,

groupotrade@
bestdarngood

Member Since Nov 12, 2010  173 posts bestdarngood Aug 08 2016 at 05:20
The price for this EA is much too high for the EA based on what I see. To start, for realistic results in backtesting, I always use 2.5 pips as the spread so that covers most brokers rather than this one needing to be broker specific. I can easily make a backtest that is very similar if I make the spread as tight as he does.

I would suggest avoiding this EA unless you have very tight spreads and only once more forward test data is available.

I otherwise provide my EAs on a trial basis for 2 months for someone to test live on a broker of their choice.

See my profile or message me for my latest EA
Xiantero

Member Since Apr 01, 2016  45 posts Xiantero Aug 08 2016 at 18:19
Hello, so can you open your trading history so that it would be possible to check trading?

Do your best
willylink2

Member Since Nov 05, 2013  1 posts wilhelm (willylink2) Sep 25 2016 at 12:23
Very broker sensitive , problem is to find best broker.mad

Never Say Never
TradALot

Member Since Oct 04, 2016  4 posts TradALot Oct 07 2016 at 07:47
Hello, I have an account at FXCM and a MM runs this EA for me.
I decided to go public to ask you some question and to get some advice from you traders.

My account, note all withdrawals are commission costs:
https://www.myfxbook.com/members/TradALot/ats-scalping-fxcm/1809273

For comparison the Account from ATS, note that Deposits/Withdrawals is private:
https://www.myfxbook.com/members/AlgoTradeSoft/algotradesoft-innovative-ea/1373958

As of today, you see a Gain of -0.38% on my account which is ok.
But FXCM seems to handle commission costs as withdrawals.
All withdrawals you see on my account are trading commissions.
This makes my real Gain -5.4% after 6 days.

The problem I see is that the real trading costs and the real Gain is hidden on FXCM.

My questions are:
1) Does FXCM always handle commission costs as withdrawals which hides this costs from Gain?
2) I pay USD 8 per 1 Lot round turn at FXCM. Is there a way to get lower commissions?
3) Should I quit this now, because commission will eat up my account in few weeks?
4) Does anyone run this EA on FXCM with same commission costs and makes money with it or does this simply never work if you calculate real Gain (commission hidden as withdrawals)?


Anny suggestions, opinions and ideas are welcome!

Best regards, TradALot

lazellnet

Member Since Nov 24, 2012  28 posts lazellnet Oct 13 2016 at 06:12
TradALot posted:
Hello, I have an account at FXCM and a MM runs this EA for me.
I decided to go public to ask you some question and to get some advice from you traders.

My account, note all withdrawals are commission costs:
https://www.myfxbook.com/members/TradALot/ats-scalping-fxcm/1809273

For comparison the Account from ATS, note that Deposits/Withdrawals is private:
https://www.myfxbook.com/members/AlgoTradeSoft/algotradesoft-innovative-ea/1373958

As of today, you see a Gain of -0.38% on my account which is ok.
But FXCM seems to handle commission costs as withdrawals.
All withdrawals you see on my account are trading commissions.
This makes my real Gain -5.4% after 6 days.

The problem I see is that the real trading costs and the real Gain is hidden on FXCM.

My questions are:
1) Does FXCM always handle commission costs as withdrawals which hides this costs from Gain?
2) I pay USD 8 per 1 Lot round turn at FXCM. Is there a way to get lower commissions?
3) Should I quit this now, because commission will eat up my account in few weeks?
4) Does anyone run this EA on FXCM with same commission costs and makes money with it or does this simply never work if you calculate real Gain (commission hidden as withdrawals)?


Anny suggestions, opinions and ideas are welcome!

Best regards, TradALot


Expectancy your trade is -0.2 pips, even if you pay $4 commission per 1 lots you still loss, need minimum Expectancy 0.8 pips to cover fxcm commission $8 per 1 lots

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