Jump to content

(REQ) EA mfm3 , 93% win 10-20% drawdown with default lot size


Recommended Posts

A close look at the EA shows that's it's a scalper... goes for about 5 pips at a time, huge stoplosses by comparison.

Of course, scalpers work great on demo, but in a real live account, the brokers will mess with the spread something terrible on an EA like this to make it be unprofitable. All they have to do is move the spread out so it misses take profit and let it fall back to hit the stops.

 

...and the test results are not "accurate down to the tick". They clearly show 90% modelling quality.

 

Of course he is selling it for $79, because it looks like it's been curve fitted.... and EAs like this work for a while before they go bang.

 

....but if you have $79 to spare - don't be a cheapskate, share it here, we'll road test it... but keep in mind that with those huge stop losses, and running it across multiple pairs... all it takes is a few of those pairs to get stopped out all at once to crush the account.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...