There are two important things, when you use MFM7:
1.) Find a good broker
I think FXPIG is one of the best Broker for this EA. If you want to test them too, than please write me before you register for a special deal.
2.) Find good settings
The vendor itself already provide 'ready-to-go' settings that are updated by himself. But I think that are not the best settings you can get for this EA. It took me months to backtest all pairs with 99% tick data + variable spreads and find the best settings (in my view) for this EA / strategy. You can compare my settings and the original settings on my profile page.
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.
Past performance is not indicative of future results.