Results are nice. but negative pips means that it can only be used with bigger capital coz it uses random lots. I dont like its growth in terms of pips. Its drawdown is also a bit high (27.51%). But with this much profit in around 2 and a half year, it is acceptable.

Well... only its negative pips is a concern. But it has more than 2 and half years history and only 2 months are negative. I think it has a very fair price.

Check out this performance.

http://www.fxstat.com/performances/view/4221

This EA is available on same website for $999. It has much lower drawdown with excellent trading history.

Originally posted by ironical

Check out this performance.

http://www.fxstat.com/performances/view/4221

This EA is available on same website for $999. It has much lower drawdown with excellent trading history.

Looks better than the previous one. One thing is common in both EAs that they open trades with different lot size. This lot can range from 1 mini lot to 13 statndard lots. I think it is choosing lot sizes based on the strength of trend (which it calculates by its own method).

"1 mini lot to 13 standard lots"...... Its really very wide range. Even if we start with micro lot as minimum (considering $1000 account), we cannot support 13 mini lots. It will be very risky. It needs at least $10000 capita,l I think, to work. It has proven performance record so it will be attractive choice for investors.

Originally posted by uniquetrader

 

Originally posted by ironical

 

Check out this performance.

http://www.fxstat.com/performances/view/4221

This EA is available on same website for $999. It has much lower drawdown with excellent trading history.

 

 

Looks better than the previous one. One thing is common in both EAs that they open trades with different lot size. This lot can range from 1 mini lot to 13 statndard lots. I think it is choosing lot sizes based on the strength of trend (which it calculates by its own method).

 

i might go for $99 per month early next year and hopefully profits will cover its montly rental.

Originally posted by uniquetrader

It has produced really excellent results in terms of profit. Following is the fxstat link to its performance.

http://www.fxstat.com/performances/view/-1579

 

But in terms of pips, it is in negative.

Very nice money and risk management.

 

They sell it for $499. What do u guys think abt it?

I consider it a branch of martingale. I havnt checked all trading statement but few pages show that it is very close to martingale strategy. Usually in case of loss it doubles the lot size but if it looses second trade continuously, it comes back to previous lot size. But this is not the case always. As unique trader said that it opens trades with different lot sizes even if it has a win. Recently I saw a trade of 51.2 size.