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What do you think about this EA?
Genel
içinde
Jun 18, 2015 at 08:48
As I predicted: drawdown 69% and counting (despite so many winning positions). It holds losing positions forever. If trend doesn't change, only few days left...
What do you think about this EA?
Genel
içinde
Jun 13, 2015 at 15:13
Nothing wrong. But look at this EA as a whole, not just at growth graph:- Best Trade (Pips): 49.0- Average Win: 22.09 pips- Maximum Drawdown: 57.30%- Drawdown yesterday: 39%In my opinion this system risks everything (no SLs at all) in order to scalp small retracements in main trend. In case they launched this system not at the end of April but between May 20 and June the 1st, this account will survive 3-10 days with max. profit 10% then equity down to 0. Risk not acceptable for me. Wait for FOMC decision next week, we'll see what this EA will show the day after. Best EA from signaltrader....
What do you think about this EA?
Genel
içinde
Jun 12, 2015 at 08:52
Look at Advanced Statistics --> Summary. This EA trades NZDUSD long (!!!) and GBPJPY short (!!!). How could it be named anything but "TrendScalping" :) Looks like it holds losing trades on EURGBP, NZDUSD and maybe other pairs too. Just imagine if they launched it one month later. There'll be no equity in few days...Here is similar EA, also constant profits but holds losing trades forever thus equity not growing but stable:https://www.mql5.com/en/signals/104308#!tab=trading
What do you think about this EA?
Genel
içinde
Jun 12, 2015 at 08:49
RedRhinoLab could be right. Heavy equity drop on Friday (USD spike after US data publication), recovered on Monday. One big rally against taken positions and account is burned. As Joe DiNapoli said "All non-judgmental systems eventually fail (stop making money). Your hope is to be using one while it is working."
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