Diskusija

Running live - seems to be ok so far

here is another live result using ic markets https://www.myfxbook.com/members/camel8888/goldbull-pro/1253325

this is a scalper,we will see how it goes during the worst time of the year for scalpers ,july and august

Hi,

here's my take on this EA: as with other aggressive scalpers, it is imperative that you run it on true ECN broker, with minimal spreads (i.e. 0.1 - 0.5 pips) and low commissions, when commissions are included the transaction costs should not exceed 1 pip.
Very important as well is execution time (the EA stays in trades for seconds) and as low slippage as possible.

If you look at the performance metrics of this live account (not mine)
https://www.myfxbook.com/members/GoldBull_Pro/goldbull-pro-live/1229593/mYUG1RsrawmqfnbMFKVb
you will notice that the only pair in the green is EURUSD, and only on the long side. Everything else is a waste of money/time, even though the history is relatively new.

My opinion is that these stragies can last a couple of months until the brokers understand the strategy, then they will kill you with slippage and/or they will delay your execution to death.
I've lost more money with similar strategies than I can remember. This is not an impulsive scalper à la MDP but is still pretty extreme.
It's no wonder that the vendor doesn't show a live statement...

Only a week in to using this EA on my demo account and already up 10%. I don't want to get my hopes up too much, but looks like it might be worth a go live.

Demo isn't going to do much for you as it doesn't factor in slippage and execution time (slippage especially).
I've seen scalpers come and go and in my experience MT4 as a platform isn't equipped to handle aggressive scalping very well. cTrader maybe (just maybe).
It's a tad suspicious that the vendor doesn't show a live performance. I'd like to see a decently sized account, say 1k, and at least 6 months of forward testing. This would give me some comfort...

CHeck out live real money on ibthescottyb chart above. Not the same as demo.

ATENTION! This EA doesn't show the same results in demo and in real account.
Bought this EA got 25% of the account lost.
Ask for a refund dozen times and the seller Always refuses.
If he was so sure about his EA why no offer a refund??

And he block a friend of mine from posting on this tread after is said the truth.
The people who come here speak the truth are just prohibited from posting... Really a good kind of seller!!
STAY AWAY from this guy

Hi Nunes,
which broker?
Is the spread and slippage very little as recommended?

Meus resultados são os mesmos em conta DEMO e conta Real!!!
esse robo ja triplicou meu capital em poucos meses e com apenas 9% DD.
Melhor robo do mercado!!!!!

Anything on a demo is BS, esp. scalper. TBH I wouldn't even buy anything to do with scalper they are a waste for most part because like people have said, broker will kill with you delay and slippage, I know this from LIVE experience. Best bet is arbitrage. Can at least make a lot in couple days before they get onto you. Just some helpful advice from pro trader.

vocês precisam começar a trabalhar com corretores mais confiaveis e parar de dizer que o problema é o robo.
coloquem GoldBull em um corretor de Reino Unido e não terão problema com derrapagem, saiam de corretores picaretas e terão suas contas levadas a sério!!!

yeah BS where is the live account then with such history??? it doesn't exist. if it did, wouldn't for very long

Meus resultados são todos privados, não vou publicar pois não sou vendedor de robos.
Apenas estou contando aqui que em meu corretor esse robo esta ganhando muito dinheiro, mas claro assim como todos os outros o resultado futuro ninguem sabe!!

Welcome message to the haters! :)
(3 months with GoldBullPro, 440 trades, +126% Gain)

Hey GoldBull, good for ya! :)

Anyway, I think there are a couple of good reasons why such a strategy cannot survive very long.
First it is extremely easy for a broker to manipulate the execution either through order delay or slippage - MT4 has been known to be manipulated by all sorts of virtual dealer plug-ins. So, it is extremely easy for the broker to go after you with such a scalper.
Second, even if the broker is 100% honest and transparent, performance will tend to degrade anyway as more and more people are inundating the order books and the servers with the same orders at the same spots, to the point where there will be no buyers/sellers to take the other side of the trade in a timely fashion. And even if you delay the order execution by 1 sec. this will be enough to give you more slippage and eventually ruin the strategy.
I think this is what has killed very interesting and promising strategies such as MDP and even Fap Turbo back then: thousands of traders doing the same thing and draining liquidity at those spots. As a positive note, this one doesn't seem to be an asian scalper so it will be slightly less illiquid.
That's why I think it is unlikely that a scalper (any scalper) will last very long, especially the aggressive ones.
So anyone wanting to trade this strategy, go on and trade it now before it will eventually wane and degrade - just a matter of time...
Of course I might be wrong and this could be the best thing since the invention of sliced bread, but I doubt...

Is there a link available, or only screen capture picture?

This is the link of the live account that we have found here: https://www.myfxbook.com/members/GoldBull_Pro/goldbull-pro-live/1229593/mYUG1RsrawmqfnbMFKVb

Note worthy at IC markets and on fast vps - https://www.myfxbook.com/members/camel8888/goldbull-pro/1253325