RSI-MA SCALPER EA, seems profitable

[lifebeam]

Hello everyone,

 

I've been looking at this scalper, I think it is freely available throughout the net, I did a search on this forum, but couldn't find it discussed....

 

its seems you attach it to a 5min timeframe

 

it trades EURUSD, EURCHF, EURGBP, GBPUSD, USDCAD, GBPCHF.

 

In the download link I have included the EA and the set files.

 

Set files, EURUSD = eu, EURCHF= ec, GBPUSD= gu, GBPCHF= gc

 

It looks like profitable EA, but has anyone had experience trading in forward on LIVE or demo account for any amount of time?

 

hxxp://www*4shared*com/file/qC0BFA3G/RSI-MA_SCALPER_EA.html?

[jarnodal]

Take a look @ the trading system forex forum, i think it one by Funyoo ;)

 

Try this version: http://www.2shared.com/file/EZf70J98/RSI-MA-Scalper.html

Edited January 20, 2011 by jarnodal

[ho3ain190]

please share statement

[lifebeam]

I have not forward or demo tested it yet myself only back tested it, and it looked good on back tests......

 

Going to demo test it now.....

 

Would be interested to hear anyone else's experience of this bot...

[issteven]

what broker are you testing under? I couldn't get good backtest results using setting files under fxpro.....

[lifebeam]

using ALpari UK, downloaded history data back to 1999...........

[lifebeam]

its quite possible this EA has been curve fitted through over optimization, because back tests show very good results from 1999 until 2009, then the back test results really start to decline

[pro]

its quite possible this EA has been curve fitted through over optimization, because back tests show very good results from 1999 until 2009, then the back test results really start to decline

 

that's exactly the main issue of ALL of funyoos EAs...