here are the main problems of the EA. No stop loss. No instructions on which are the indicators on which the EA has been created. From what I have understood, this EA is on a Moving Avarage, usually the trade opens when the price is far from the MA, waiting for the price to come back to the MA. But this is not always true. It is necessary to put a SL. Having tried the AVATAR system with a loss of 5000 euros in 10 minutes, and FRERO who ruined, fortunately I did not lose money, and other systems like 10x strategy on signalstart, I have to say that they all use the same system. I do not know if they are the same person, but they use the same system.
In this case, I think, considering that I am testing this EA with MT4, with Tick Manager, and a demo account, that the real accounts are the old IDS Venture and IDS Venture 30K e 50K.
There the owner obtain a low percentage, but he does not ruine. The problem is that he does not want to write me anymore. He explained me something at the beginning, than when I opened 25 trades, potentially losing money he disappeared. I have not lost money, because I am waiting for the price to come back. I do not mind how long it will take. In the mean time I am testing the EA on a demo account.
So, if the owner of the EA is reading this words, please send me the settings of gold, which are the same for 30 e 50k. I am trying to obtain the same thing, but I do not want to waiste time, considering that I paied 750 US dollars.
Today I have activated only CADCHF, EURAUD, GBPJPY, XAUUSD, NZDUSD. In this way I have only USD twice. Among these, GBPJPY and XAUUSD are optimised by myself on an exponential MA of 9. The others, NZDUSD, EURAUD and CADCHF have the author's settings, expect for the risk set to 0.3- 0.7 instead of 0.5 - 0.5.
I would like to talk to someone else who bought this EA.
Shiravale posted: I do not know. It does not use SL or TP. I never know when the trade will close. In the backtest I seen SL and TP values, but not in the real execution.
Hello, i have pack.
EA have two method SL & TP (Fixed + Hidden)
Fixed SL & TP on screen
I tried to put feed SL and TP on the tester with Tick Manager and a confidence of 99%, but it is not profitable. At least on the test. I will try on the Demo, that it is probably better than the tester of MT4.
But anyway with the settings I am using and the crossed I tested, I have only profitable trades since yesterday morning. I will continue on a test for a few days.
At the moment the system is working as it should be. Honestly I am using the author's setting without changing anything. The problem is that the author did not explained anything to me. And for this reason I have lost 4000 euros.
I hope know to earn money. But be careful you have to have a look to the trades all the time, if the go over a 5-6% loss open other trades in the same direction and of the same size, no more than 3. Try to close every trade before evening, disconnect the EA or MT4 during the night. Activate the EA at 8 o'clock (Estern Europe time).
I will try to optimise the EA on the 50 MA, but actually it is earning. Do not leave money in the account. Take away the money every week or every month.
I will do my best to be successful also with this EA. I have calculated the right SL to use and add as soon as the order is opened. Fortunately the EA works with pending orders, so it is easy to put a SL. Unless the EA will start money management only one hour later.