GathuEA (alpari demo) (By forex_trader_49216)

The user has deleted this system.

GathuEA (alpari demo) Discussion

Oct 31, 2011 at 11:04
684 Views
2 Replies
daily_martingle
forex_trader_34364
Member Since Apr 18, 2011   239 posts
Nov 03, 2011 at 11:18 (edited Nov 03, 2011 at 11:20)
Hi there
i had downloaded this EA too. one month free for real account and unlimited for demo , right?
did u purchased this EA? is it good or not , it seems it always have big draw downs. that makes me uncomfortable. what do u think? i want to know your opinion
and thank u for testing this on demo and thanks for share the real statement in public. i will monitor your account.
Member Since Jan 28, 2011   51 posts
Nov 03, 2011 at 11:49
I have bought it, absolute long-term account blower which is shown in BTs clearly. The floating DD is totally out of control... very dangerous EA even though it does not rely on martingale or grid. There's no way something like this will ever make it to my live account.
joegathu
forex_trader_49216
Member Since Oct 01, 2011   6 posts
Nov 03, 2011 at 21:23

   daily_martingle posted:
   Hi there
i had downloaded this EA too. one month free for real account and unlimited for demo , right?
did u purchased this EA? is it good or not , it seems it always have big draw downs. that makes me uncomfortable. what do u think? i want to know your opinion
and thank u for testing this on demo and thanks for share the real statement in public. i will monitor your account.


Actually its 2 months free on demo and live. It has hundreds of settings with options for scalping, hedging, candlestick trading, news trading, closing losing trades, days to trade, times to trade and much much more. Please go through all of them and customize them to your liking, plus follow the instructions on their website on how to properly install the EA on MT4.

The way i see it, and also the developers say so on their website, is that it uses your starting equity to increase your balance and once it is in profit, the drawdown goes into the profit and not your initial balance....understand?

Yes i bought it and have it on demo and live. Remember, only trade what you can afford to lose.
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