Suggestion EA TESTER DAILY SCALPER FINAL v 1.0 . FREE !!!

thank you

 

A good one. Thanks!

 

THIS SYSTEM IS FROM POLISH GUY = SCAM

 

Anyone found luck with this EA ??

 

dont lose your time on this topic
backtest is nothing he read data of GU
i see ea win milions on backtest but lose - blow real acc
only live test is credible

 

This is my review for this thread:
what the...

 

Hello everyone who was interested and downloaded EA.
I am asking you to share your current results over a minimum period of 4 months.

Thank you and best regards.
K. L.

 

I strongly disagree with comments above.
I think today people judge too quick: "scam", "don't loose your time", etc.

To asses an EA, one needs to invest a bit more time than is needed to read/write a twitt ;-) It's actually hard work.

Saying this, I did forward test of the EA in the last months (and is still running).
The results are quite interesting. I will share them in the next posts (results are too big to put everything into one post).

 

Here you will find an overall picture of how the EA performed in the last months.
After three not really good looking months, it went down the hill in October by 50%, and in the same month it climb up rapidly again into very high profit.
(remember, October was the month of daily/hourly Brexit news, since this EA is looking for quick market moves, this would explain it pretty well).
November is profitable again, but since there has been not so many news, it is not comparable what we observed in October.

 

Drawdown was very low. For this type of EA it will always be low, actually, so the main thing to look at is performance.

 

All other statistics:

 

Distribution of the trades.
This is actually quite interesting. From this statistics, one would say that EURUSD is the most profitable currency pair.
However, the number of the trades on this currency pair is significantly lower than on GBP pairs (confirms a bit what I said before about Brexit news).
So it cannot be taken as granted that EURUSD is the best pair. More data is needed.
At the end each pair, except for NZDUSD was profitable.

 

I ran the EA on M5 and M15 timeframe. To be honest, I don't know anymore, why I did not put it on M1 as author suggested. Maybe I switched after few weeks of observation, I don't remember.
So, the results presented above is a combination of M5 and M15 timeframe on one account (which means that all the statistics needs to be divided by 2). The trades and timing are 95% the same. They are some differences which I don't understand, but I think it would be too much to talk about it here, I will try to contact author offline to clarify.
I attach statement from my MT4 terminal with the usual picture and statistics. Since MT4 archived pending orders and they are not visible, in addition I attach full history as a csv file from my MQL5 monitoring service.
(the only edit I did is I anonymized my name and account number from the html file)

 

Before any comments in that direction - the test was on a demo account at ICMarkets.
Why?
Two reasons:
- nobody shall run any EA on live account without proper forward testing on a demo account
- why ICMarkets? ICMarkets demo and live account are almost same in terms of timing/spread/performance/etc. Other brokers differ in that respect.

What I forgot to mention is that due to high number of trades with high lots, on a live account, I would get, in addition to the profits, commission rebate.
In case anyone is interested, check
https://www.cashbackforex.com/de#aid_300168
I have my own negotiated rebate, and get back 37.51% of each commission. If you are interested, you can contact me.
But it's off topic.

For the EA: I think as a next step I am considering running this EA now on a live account, but with less aggressive settings and starting with a lower balance and lot size.

if there are any questions, I am happy to answer (there might be potentially some delay, since I will go on business travel in the next days).

happy trading

 

Thank you for your generosity! May luck be with you!

 

as I say and repeat for several months, we do not test an EA based on volatility on a demo account because you do not have the real time of execution, you do not have the slippage and spread n ' is not the same, you can take 1 year to observe good results in demo and burn your account in 1 week, the end result is that you will have lost more than a year ... Open a hundred account, deposit 1 euros to have 100 of capital and do your tests you will see the big difference between the real and the demo on a volatility strategy ...

 

Positive/constructive comments usually do not start with "as I say and repeat for several months", but I will try to ignore it...

To be honest, instead of complaining/critisizing, I would like to see more forward test here of the members, even if they are "only" on a demo account. Please note that my test has been for last few months. it is not one day test. I have not seen many contributions like this here.
I am happy to learn otherwise. you are invited to share your results.

As I wrote above in the previous post, as a next step I am considering running this EA now on a live account, but with less aggressive settings and starting with a lower balance and lot size.
what I shared here are intermediate results. Opening a live account, even with just 100$ for testing, is not something that I do. EA needs to past demo test first, and this EA did.

 

This is my review for this thread:
nothing important

 

This is my review for this thread:
demo