hello everyone I regret to say that i have already purchased and backtested PRINCEFXEA on all major currency pairs with the recommending settings on the userguide and it run out of all money for the last 5 year-backtests. Stay away!!!
Thank you for your comments. We will always be at your disposal even if it comes to our unhappy clients, they will be fully supported and the refund will be processed if the terms and condition of our refund policy are met.
2- Unfortunately some of the users do not properly understand to configure the EA despite we provide a complete installation guide and free live support, they might go for the backtesting on an year or 2 years back historical data, and some of the brokers terminals are having lack of sufficient historical data as per the selected period of the user for testing the EA, due to which it seems that the EA doesn't work as it promises, in that case, we request the clients to have a look at the date with the initial trading transaction in the trade history once the testing is completed. It is possible sometime when you select a period of 2 years and the EA only performs on 2-3 months data due to the lack of the historical data in your broker terminal, you either need to change the broker platform and try it with any other one, or contact us to guide you and to operate the system in a proper manner.
The higher DD is not about an issue with the EA, but it is all about the configuration of the system, PRINCE FX EA got 3different trade setup under each trading strategy, When you choose to go with the SAFE MODE, the dd always remains below 30%, also with the Aggressive mode it remains below 60% and with CUSTOM mode its upto the users defined setup in the LOT parameter, it could either be lower or higher than the aggressive one.
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.