Suggestion ForexFiv EA $2200 - For FREE

Nfp changed things, so I turned it up to 0.1 today

Ignore the 2 eurgbp trades at the top those are manuals

 

This is a bt between Jan 1st and today on eurjpy $100 start with autolot just default settings

People complain that it doesnt make any profit, but if you check the bt, it will go weeks and just range then boooom big wins, have to give it time like a lot of ea's that dont use martingale it can range a while just have to give it time

 

Starting with $10k autolot max 100 default settings from Jan 1 to present

Slippage is small around 1 or 1.5 pips on my small entries on live acct, but I would bet a 100 lot entry would have big slippage

 

Start with 10k using the eurjpy setfile jan to present no diff over default set, interesting...

 

Also im cutting out the lower profit pairs, only using EURJPY USDJPY on M5 setting online indi false just like the backtest

This is USDJPY default set autolot m5 start 10k, wow thats jan to present

Def the $100 scalper ea

 

Just because, heres a $10 deposit starting Jan 1st on USDJPY ....

 

candleman27,
Such EAs are now obsolete and are only good in backtesting. Don't waste your time checking these out.
These types of EAs only work when the market fluctuates a lot, and high fluctuations cause an increase in the spread and ultimately loss of EA positions.

 

You very well could be right but wouldnt the strategy tester set to current account for the spread changes?

Maybe need a really low spread broker ill just have to fwd test live

 

Now that I have a lot more trades from this morning I will backtest for the same time period and compare results

If the bt shows all winners when today was all losers live we know it doesn't work on real but if it confirms with identical behavior we know to keep running the Fwd test as it has runs where it loses several days or weeks but small losses

Edit: had to turn up max spread to 23 to see if it helps bc on backtest it still profits even at spread 30 but backtest and fwd test trades were very similar today it just avoided trading a couple entries due to spread set to max 17, even on bt today was a small net loser, so nothing out of character on fwd test so far

 

Hello Candleman27
Please kindly share Preset files for this EA? ^^

 

hi
I am going to use this expert?
Did you benefit from using it?
Does it give real profit and does the expert work well?

 

It is a backtest hero that trades the news candles and shows big profit

In live settings the spread and slippage destroys the profit

 

Don't use it