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That's true. The main idea is to have a sentry EA, with a DD limit of 100$ in your account. When the DD is higher, it closes all operations and the EA stops. If daily you get ~150$ of profit and usually in FXOpen ECN account, for example... Only once or twice per month get more than 100$ of...

I'm using HOKKYDJONG in several accounts and brokers. The best performance is having in FXOpen's ECN account. Default settings USD/JPY 1M 1:500.

In FXOpen with ECN account, between 10% and 20% per day with 1000USD of equity. In ActivTrades, only 10% per day. In FXOpen's account, i'll set DD max. in 10% (-100USD). That is a profitable strategy.

Yes, with DD limit in 20%.

Yes. From the beginning is running 24h using the default settings.

Not at all, it depends of the equity and the margin. You can use a "sentry EA" if the account have more than 20% of DD to close all operations.

Are you sure? Try it with 1:200, USD/JPY 1M, initial equity of 2.000USD. http://www.myfxbook.com/members/oscarsb1988/activtrades-2/2185789

https://www.investing.com/tools/forex-volatility-calculator It depends on the broker's pairs spread.

This is a very profitable good EA. With 5000$ and using a normal account, you can take around 200$ of profit every day choosing a four low volatility pairs in a timeframe of 1M.

Could be... But only if you use with a low volatility pairs like nzd/usd for example.

Very profitable EA if you know how to use it. 5000$, nzd/usd, 5M, risk x1.2, lots 0.04 with a normal account. About 100$ of profit per day.