I have started using this via a signal just today. I believe the EA uses a far-off SL strategy and a near-hit TP. The drawdown is comparatively lower and the risk management of the same seems. I would be posting updates soon on the same.
Oh, it looks impressive. But I find it a little frustrating that everyone is happy to share the results, but few people share their knowledge or thoughts about what will happen next and what analysis methods you used....
I am not sure of what perspective the above post came out as, but this is not my signal. This is by another user named Sergey. I am just posting here to have an insightful discussion with other traders/followers of the signal. The signal sticks to its strategy and has made me good kick-off profit. That is because I came at a stretched point for them. Their current trade is yet to go in the positive direction. Apparently, the early uptrend of EUR/USD made a lot of people nervous as the signal had opened a SELL position and was in negative directions. But things are working out now. Really excited about this.
Yes, ICE-FX does sound new to me, I checked them out. Looks like a good platform, but they are based in Malaysia. But how is a broker related to Drawdown? Are you talking about commissions? Because the EA makes a decent ton of money just from EAs and his private signal. Last 5 months look pretty good too. And he manages a decent amount of fund.
Wow thanks! Just discovered there is a topic for my accounts here at myfxbook. This is mean reversion EA which is trading live since beginning of 2020. Signal is available at Signalstart. It used to be #1 several weeks ago. But due to lower risks and less profitability in the last month it is now #7. Also still #1 at some other signal and EA services. You can find more details just by searching 'Perfect Score EA' at Google.
I have started using this EA and for now, it is giving decent returns. It won't make you a multimillionaire (maybe if you let it work for a couple of years) and a decent set of my peers have backtested it. The results have been decent so far. I am planning it to let it run it for a couple of months before adding more money in the system.
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