📊 Testing results of the MiloBot PRO Expert Advisor on the NZDUSD currency pair 📊
The most common question of every client is: “How do I know if the Expert Advisor will be profitable or not before buying it”? Testing the EA on history and signals of real accounts, on which the EA works, is the only thing you should rely on before buying an EA. Using the example of the testing of the MiloBot PRO Expert Advisor, I will explain to you how to understand that the Expert Advisor will really make profit.
On the image you can see an example of the report of the MiloBot PRO Expert Advisor for the period of time from January 2020 to May 2024 on the NZDUSD currency pair. Let's see what you should pay attention to in such reports:
1) Net profit of the Expert Advisor.
There is no secret that first of all everyone buys an Expert Advisor for profit, so we always focus on the profit criterion as the first priority. On the report of MiloBot PRO Expert Advisor, the net profit amounted to $50,532. It should be noted that the Expert Advisor trades on several currency pairs at once, which, in turn, increases the profit. To test the Expert Advisor, which trades on several pairs at once, I advise you to conduct tests on each recommended pair. You can find all the recommended pairs of MiloBot PRO Expert Advisor here.
2) Stable profitability of the Expert Advisor.
After you have paid attention to the total profit, it is worth to consider the criterion of stable profit. After all, it is not enough just to make a profit, a good Expert Advisor should do it stably, providing its users with a consistent increase in deposit. To understand whether the Expert Advisor can bring a stable profit, the report has a special graph that shows the ratio of profit and loss in each trading month, week and even day.
MiloBot PRO Expert Advisor is designed for clients who want to install the Expert Advisor on the chart and make a stable profit. Thus, looking at the report, we can see the confirmation of this, because in each month the EA made more profits than losses. Stable profit will always play a key role in trading, because this indicator gives us the understanding that the Expert Advisor has not just made a profit, it does it systematically, increasing the capital.
Now that we have looked into the most important issue, each of you can test the MiloBot PRO Expert Advisor on your own, it is important to familiarize yourself with the recommendations for the account before testing.
Download the Expert Advisor for the test 👇
- Version for MetaTrader 4 https://www.mql5.com/en/market/product/90355
- Version for MetaTrader 5 https://www.mql5.com/en/market/product/93917
