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Dismal start


JamesBay
(@jamesbay)
Member Admin
Joined: 1 year ago
Posts: 134
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Not sure why, but there was some hype with a new EA on MQL and it became a popular one within just 1 week.  However, having it in a small live account for a 2 week period of time, both Fridays had big time loses for me.  So all the profits made Monday - Thursday got wiped out on Friday.  Considering on turning Friday's off. 

Outside of the rough start, the EA does have potential based solely on back tests.  There is no set file that I can see - just use defaults, but you may want to adjust how many trades can be opened at the same time via the recovery mode. 

This is a reverse trend EA so every trade that opens is in red.

1 year BT results on EU (only recommended pair) H1:

image

 

image

Like I said - stats look great.  But very rough start.

Authors signal:

https://www.mql5.com/en/signals/805722

Has MT4 and MT5 versions.

 


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ngviendong
(@ngviendong)
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Joined: 11 months ago
Posts: 1
 

I am testing how to limit the risk for ProFX, hopefully it can solve the problem EA is having. 2 weeks later I will report the results.


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JamesBay
(@jamesbay)
Member Admin
Joined: 1 year ago
Posts: 134
Topic starter  

@ngviendong

Thanks.

My fxbook stats have not been updated yet for some reason, but all the gains got wiped out on Friday:

http://www.myfxbook.com/members/WJPII/profx-ea/6872122

 


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