What version are you talking about? V1.0 is not profitable....check it out!

http://www.myfxbook.com/members/Genialbit/winnergold-fx-10/140692

It has won 48 trades out of 55. But there are a couple of points.

There is a big difference in TP and SL pips. (avg win 10.93 pips, Avg loss 143.73pips)
Only 55 trades in 3 months.

It looks like the user of this EA has set drawdown limit manually. Similarly SL and TP are not set by EA but by user himself. User is not trading daily.

I dont think it is the fault of EA as u have many won trades. It is just that u must put SL at a more appropriate place.

Originally posted by Jogi

It has won 48 trades out of 55. But there are a couple of points.

There is a big difference in TP and SL pips. (avg win 10.93 pips, Avg loss 143.73pips)
Only 55 trades in 3 months.

It looks like the user of this EA has set drawdown limit manually. Similarly SL and TP are not set by EA but by user himself. User is not trading daily.

I dont think it is the fault of EA as u have many won trades. It is just that u must put SL at a more appropriate place.

 

Their official website is displaying these results so it is not due to wrong settings. They are offering two robots with equal prices but big difference in profit percentage. It is interesting to note that they have written "After great success of winnergold fx they are introducing pipstiger fx". I think it should be "After failure of winnergold fx, they are trying pipstiger".

Originally posted by ironical

 

Originally posted by Jogi

 

It has won 48 trades out of 55. But there are a couple of points.

There is a big difference in TP and SL pips. (avg win 10.93 pips, Avg loss 143.73pips)
Only 55 trades in 3 months.

It looks like the user of this EA has set drawdown limit manually. Similarly SL and TP are not set by EA but by user himself. User is not trading daily.

I dont think it is the fault of EA as u have many won trades. It is just that u must put SL at a more appropriate place.

 

 

 

Their official website is displaying these results so it is not due to wrong settings. They are offering two robots with equal prices but big difference in profit percentage. It is interesting to note that they have written "After great success of winnergold fx they are introducing pipstiger fx". I think it should be "After failure of winnergold fx, they are trying pipstiger".

 

ohh, I missed that point. Yup these results are given on their official website too. I wonder why it has good profitable trades but still loosing bcoz of very poor SL strategy or maybe poor TP strategy.

I dont think that they are updating their website. Who will say " After success of a "failed EA"." So its just released by some strategy tester group who made it available to public at low price. If someone likes it, he will buy otherwise they are not spending anything to advertise it.

Originally posted by Sasha

I dont think that they are updating their website. Who will say " After success of a "failed EA"." So its just released by some strategy tester group who made it available to public at low price. If someone likes it, he will buy otherwise they are not spending anything to advertise it.

lol. well said. maybe when they were writing, it was in profit. U r right that this website doesnt look like updated.