Hi all,
This system called the EW Trends EA is an automated trading system.
It isalso a system which is based on a trend & scapling strategy.
It obtained 5% growth with max. 1.65% drawdown in two weeks.
The EW Trends has some rules about risk management. For example,
max. DD may be 10% in a month and max. DD may be 3.5% in a day.
To gain 5% growth with max. 1.65% DD is a very little suprized me,
because it looks like amazing. However, I was expecting a similar result
because it is a quite robust system.
The EW Trends EA is running on a demo account. However it has real
conditions incluging commissions. I will update you at end of the month.
Murat Y.