QiwiX TM

This is how you broke someone elses money. -50% in one day... where is SL? cooldown and dont´thow away 14 months of good signal

Disgraceful

PROS: So far so good for this first month. The EA does a good job at managing positions and lot size. The three pairs are wisely chosen for this algorithm. The profits made by each trade are more than enough to cover slippage, commissions and other fees. In order to be really profitable, a position has to gain at least 1$ per microlot; you will eliminate a lot of signals by applying this rule. A detailed analysis into a database have demonstrated the efficiency of this method.

NOTE 1:This is one of the very rare traders who has a DD lower than the average monthly gains !

NOTE2: The lot sizes aren't cloned as they should on my account, because of the difference of leverage I guess. Thus I had to set up a copier from a similar account to my real account in order to translate to my 1% max risk/trade.

CONS: The robot opens many positions positions for same instrument but this why it manages to recover loosing positions. Nevertheless, I had to set the copier to limit the number of open positions to a maximum of 8. Also, there are no stop loss. Once again, I calculated that the worst positions triggered at around 500 points, thus I set my copier to automatically set the SL at this level.

OVERALL: A 5 STAR NOTE, despite the absence of SL.

UPDATE: The second month ends and I am very satisfied until now. Only one SL was hit during the whole month without significant damage since it was a very small lot.