On Control EA , oncontrolea.com #Closed (By Under_Control_EA)

Gain : +929.2%
Drawdown 65.66%
Pips: 1366.5
Trades 4169
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

On Control EA , oncontrolea.com #Closed Discussion

Sep 23, 2014 at 11:32
692 Views
1 Replies
Member Since May 23, 2016   32 posts
Aug 09, 2017 at 07:37
Looks like a martingale ..
Professional Canned-Tuna Eater
Member Since Dec 08, 2011   41 posts
Jul 10, 2019 at 00:45 (edited Jul 10, 2019 at 00:46)
I am a retail trader with $3000.
Buying this EA mean ($3000 - $2200) = $800
This mean I won't have the minimum required $starting balance of $2000.
I gues I should go shopping elsewhere.

Yeah, I know another option is the keep my $3000 and do the monthly lease for $140/month.
Now I would have to pay a $50/month for VPS fee. This is almost a $200/month expense
The average monthly return for this EA in 2019 is just under $140/month. This is base on trading with .01 lot since I wold have a small account to survive at lease the medium draw down.

Does not seem the developer is catering for retail traders. Those with the deep pockets, may be.

I am basically not afraid of martingale EAs but the math has to make sense.
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