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Suggestion Xpert Ea

Thanks bro for your efforts. Though this EA looks like a history reader, so far is the best EA I have come across. I have tested over 100 EAs in mt4 and none gives same results as the the one they give in backtests. This EA is already profitable if you trade with it semiautomatically. It needs close monitoring. That is all. To make an automatic EA that is consistently profitable isn't easy.
 
Overall this ea is very good at predicting the direction of the trade. however it opens too many trades. I personally have used it by Using 2 other eas to manage it. I have one which will duplicate the trades to increase their number and another one to close all trades once their total profit is somewhere between 5-8$ so that i dont stay too long for the trend to change. Am testing with oluka ea.

Duplicator: https://www.mql5.com/en/market/product/9833
Closer: https://www.forexfactory.com/showthread.php?t=235952 (or ny other equity guard should do the trick)
Why do you have to duplicate trades while the EA already opens many trades??? just a confusion, plz clarify.
 
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little shit negro...
 
:)
ALL PAIRS 5 AND 3 DIGITS , SETTINGS DEFAULT , TIMEFRAME H1.
I WISH YOU ALL HAPPY TRAIDING.

BEST
K.L.
 

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This EA works like this: In backtest, it reads history file with external kernel32. dll and knows the CLOSE PRICE of 8 hours in advance. Then, it draws a so-called pivot line to trade around with using reversal strategy. If the current one 1 minute, 5 minute (if you attach to it) price is above the line, it trades sell (because finally the price will be closed at the line), and if the price is below the line, it trades buy (same as sell logics). This is a backtest trick to produce amazing result. If you don't set SL, TP, the profit is even much better in backtest.
However, when the history file ends, it will take a random price nearest to the close price of the current 4 hour chart as the pivot to trade. This is random, and depends on luck or bad luck like gambling.
In a nutshell, it used a trick to produce amazing backtest, but in real trading it is just gambling. If you are lucky, you may win. If you are not, your account will be blown.
Never use this EA if you want to protect your capital. It must be a scammer originally.
 
This EA works like this: In backtest, it reads history file with external kernel32. dll and knows the CLOSE PRICE of 8 hours in advance. Then, it draws a so-called pivot line to trade around with using reversal strategy. If the current one 1 minute, 5 minute (if you attach to it) price is above the line, it trades sell (because finally the price will be closed at the line), and if the price is below the line, it trades buy (same as sell logics). This is a backtest trick to produce amazing result. If you don't set SL, TP, the profit is even much better in backtest.
However, when the history file ends, it will take a random price nearest to the close price of the current 4 hour chart as the pivot to trade. This is random, and depends on luck or bad luck like gambling.
In a nutshell, it used a trick to produce amazing backtest, but in real trading it is just gambling. If you are lucky, you may win. If you are not, your account will be blown.
Never use this EA if you want to protect your capital. It must be a scammer originally.
Thank you for explain . But when I backtest with GOLD , it always loss . Why?
 
Thank you for explain . But when I backtest with GOLD , it always loss . Why?
Gold is different from Forex in term of point calculation. If you use default settings for forex, it will be loss. You can increase Stoploss to 5000 point = to see. This is because the range in 8 hours of gold is very high.
 
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