Its a private EA and that of one of the partners of NMi and not available as a retail/released EA or as an EA available in the NMi Experts Gateway.
It is traded on a MAM at Axitrader, click on the NMi Super Climber managed account on this page https://new-millenniuminc.com/ This shows the system traded at 2.5% risk per trade starting just preceding a drawdown period which it has subsequently recovered from.
18% risk per trade is very high risk and the account owner understands that there will very high drawdowns, of 60-70% are anticipated and potentially the near total loss of account, but in backtesting for the past 12 years such risk per trade has proven to hold up. This is a high risk approach but the potential ROI is likewise extreme, certainly at this risk level 1K can turn into well excess of 1M inside of 12 months at various points throughout its backtested history, we call it 'the millionaire approach', the account will get there or die trying :)
Separately some folks run larger secondary account at much lower risk per trade and even at 2.5% risk per trade it still posts a respectable return for not very much drawdown, as you can see even on bad entry into the system, just 7.5% from a peak.
The one thing all account have in common is that all these accounts are traded by exactly the same EA on the same MAM, every account gets identical entries and every entry almost exactly aligns with the backtested history, which is an important aspect to this system and why we rely so heavily on its past history as backtesting indicates. Backtesting when done correctly can be very accurate and indicative of future performance, and that is being well proven with this system in fwd trading of real money accounts. Thus far the execution in real is net a small positive slip, so this is not a negative factor so far.
The system recently (this week) received an upgrade, being an extra entry which nearly doubles the ROI for only slight increase in drawdown and each improvement of the backtest (and the subsequent settings used on the MAM) is listed in the NMi myfxbook profile (the trades of which will all very nearly exactly match the real trades taken).
We don't aggressively market the MAM and are happy to let it grow organically, no referrals are paid, only a 20% performance fee is levied and we pass on the entire benefit of the IB commission we receive from Axi Trader to investors by way of reduced trading costs ($5 v $7 in round numbers).
In short its a good thing for many reasons, some of which I haven't even touched upon here and I'm just glad to be part of it. Of course as with any system, past performance cant be relied upon as a guarantee of future performance, markets can and do change in ways that render previously profitable systems, unprofitable.
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.