Suggestion Auto Fx Power EA

May be you don't have history data, any way some thing most be wrong ...
and you should set spread field, don't use current spread because EA has a max spread field of 3 by default.

 

Thank you Mar7in for sharing! I'll test it!

 

I decided to put the EA on a forward demo test, using the set files offered by the author.

AutoFXPower 1 - AUDUSD H1 EURCHF H1
AutoFXPower 2 - AUDUSD H1, GBPUSD H1



http://www.myfxbook.com/members/pipmenow/autopower/2023788

 

I had forgotten, both EAs work good on EURGBP and XAUUSD as well! Please help to find some good settings if you can..

 

Thank you sir

 

This is my review for this thread:
Great EA!

 

I have tested with 90% and looks like gives better results in EURUSD pair, than GBPUSD and AUDUSD

 

Good ea and work well already one year
this ea will giving good earning if trader having good patience I think
good job

 

Looks like AutoFXPower 1 using only MA and RSI indicators for opening orders.Seems to me it little bit too simplistic approach for reliable EA strategy.
AutoFXPower 2 little more complex there is several MA , Alligator and a few other indicators.
I am not sure if this EA could be profitable for long period of trading time.
Is anybody has Source code for this EA?

 

How do you know what are these EAs using!?
It is possible to empty your account, But as i told you, If you try to keep your draw down low, you have a big chance,
and unfortunately i don't have the code, still no body can crack EAs??

 

Very good job, thank you

 

This is my EURUSD set file, should give 12% monthly with 18% DD, try it
AutoFxPower 1 , optimized in past 10 months

 

Actually this set works better for AUDUSD with just 21% DD, in EURUSD DD is 61%

 

This is my backtest with my EURUSD set file:






beside i only had 5 month tickstory data, i got the same results as 90% back test :/

 

This is my review for this thread:
nice share

 

The guy whom i took the EA from, told me EAs can be used with a stop loss, please help to find out if they work good with a stop loss?

Your back tests are not good, you should use optimizer to find settings with around 10% Draw down!

You should learn if you want to earn in the market you should have reasonable expectations, trade safe and slow, consistency is the key not a short term high return%. trust me i have burned about 20 accounts so far, this is not a joke when people say 95% lose their money in forex!

 

It is off to a good start.

I am running four pairs all on H1 timeframe using the following set files from this thread:

AutoFxPower 1 EA: 1-EURCHF.set, 1-EURUSD.set, AU-1.set
AutoFxPower 2 EA: AU-2.set, 2-GU

 

Sound good, Keep Forward testing

 

Yes keep forward testing
I am also waiting update and still trade manually on micro account
might will attract if result profitable for long run

 

good EA