Suggestion Erxgen EA

i found this EA. i have it running since a week and it's profitable but on a demo account.

There so many options what i am choosing is a 25SL 50TP first profit and 75 second profit. As long the trend is up it will do trailing stop. Any no grid or martingale trade you need a ratio of 3:1. anyway thats from my experience and that's how bankers trade.

you can find this ea on mql5.

I am sharing this in hope to have more people test and provide a good setting. It has so many option.

for setting explanation you can see on youtube his explanation.

timeframe 1h and not sure if it can be backtested. its not profitable each day but at the end of the week it was weel above the loss.

 

no feedback from anyone but its making good profit on my demo account.

 

This is one of the few real good experts. It has gaot a good system which you can fully understand.

 

what's your setting? the ratio of 3:1 is working well for me. the very volatile pair can make that very easy

 

It's mean your stop-loss three times higher than taking target profit right?
if always hit target its good robot high accuracy position trading

 

no TP is 3 time higher than SL. 1st tp after 50 pips

 

I use this on all pairs. But forward tested only 2 months.

 

i think it use ERXGen Filter indicator for signal
i just studying it
do u have ERXGen EA pdf ??

 

no i don't have pdf. you can find his explanation on youtube

also it doesn't require the indicator.

 

yes..
i mean its work like erxgen filter indicator

 

your set didn't get me any result in backtesting

ill try on demo

 

I have to relativate my enthusiasm: The gain is only caused by one single trade of the DAX. Without this one the expert was not profitable since 20th of May!

 

its open trade based on iHigh and iLow on TF H1 after x candle after tokyo open
mix with ADR calculation then open buystop sellstop on those high and low

 

Can it be used in a real account?