recommending my VPS provider www.beeksfx.com
MQL doesn't like critical reviewers like me...
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Newbies, pls don't ask me about individual advice / tipps, you won't get them. Why should I help you for free? We're here to make money and that means investing time + money first. There's no short-cut.
Be prepared to waste thousands of dollars on useless EAs here and to waste thousands on blown trading accounts, before any success after YEARS of trying. That's how it goes, otherwise everybody here would already be a billionaire. Don't think everybody here is already successful and making money and you "only" need to join the club to be successful, too. 95% here are loosing money.
If you only have some few hundred USD to trade, just give that money to your broker, you'll loose it anyway, because you'll then be forced to trade with too high risk to make any significant amount of money and you probably will purchase a scalper EA
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My proven rules established over years to choose an EA (95% of vendors here does not even come close):
1) Vendor shows a decent sized (3-5k EUR balance) live account on a reputable ECN broker, not a CENT account, with at least 3 months full history to be analyzed on m*fxbook
2) Vendor cares about showing a proven EA first, before aggressively upping the price
3) Vendor is able to explain how the EA controls the risk (prevent big floating DD, prevent big losses, news filter, trading hour filter, which market situations are good which are not good or the EA, ect.)
4) Vendor is uploading the full 99% backtest we can download as .zip, done using Tickdata Suite, where we can see all settings. Max spread or floating spread from which tickdata provider is explained.
MQL doesn't like critical reviewers like me...
----------
Newbies, pls don't ask me about individual advice / tipps, you won't get them. Why should I help you for free? We're here to make money and that means investing time + money first. There's no short-cut.
Be prepared to waste thousands of dollars on useless EAs here and to waste thousands on blown trading accounts, before any success after YEARS of trying. That's how it goes, otherwise everybody here would already be a billionaire. Don't think everybody here is already successful and making money and you "only" need to join the club to be successful, too. 95% here are loosing money.
If you only have some few hundred USD to trade, just give that money to your broker, you'll loose it anyway, because you'll then be forced to trade with too high risk to make any significant amount of money and you probably will purchase a scalper EA
---------
My proven rules established over years to choose an EA (95% of vendors here does not even come close):
1) Vendor shows a decent sized (3-5k EUR balance) live account on a reputable ECN broker, not a CENT account, with at least 3 months full history to be analyzed on m*fxbook
2) Vendor cares about showing a proven EA first, before aggressively upping the price
3) Vendor is able to explain how the EA controls the risk (prevent big floating DD, prevent big losses, news filter, trading hour filter, which market situations are good which are not good or the EA, ect.)
4) Vendor is uploading the full 99% backtest we can download as .zip, done using Tickdata Suite, where we can see all settings. Max spread or floating spread from which tickdata provider is explained.