[req] Fade Machine EA

[⭐ fxknight]

Hi,

Did anybody have an encounter with this EA? http://www.thetrademachine.com/products/fade-machine.html

I am curious to see what your results/opinion is. It rarely trades...

 

Cheers

[Cyrillic]

Re: [req] Fade Machine EA

 

Looks very unstable, its better to trade manually than with ea that will get you into such loses, keeping in mind that on the backtest you don't feel loses like you feel them when you actually lose them on real account. Look at 2008 maximum loss was 1500, now on 100k account thats 15000 but on a 5 million account thats 750000k so no go :)

[PyeR2]

I actually think this EA is worth a closer look. Take a look at fxbook results for this year & Dec09. Certainly not the pretty smooth equity curve that some EA purveyors promise (& never deliver) but realistic results using a stop loss on a real account.

 

http://www.myfxbook.com/members/thetrademachine/fade-machine/16836

 

It doesn't trade every day & it's not a scalper. The average winner is 1.6 times the average loser with a win ratio of 56%. I wouldn't mind putting this EA through it's paces