It's a standard martingale ea, very profitable but risky too. Needs good money management plan to avoid account blowing. May be with a hedge lock if may become safer.
Test for a month in a Demo account. It's multipair, so back test not possible. It's martingale, needs to be careful, has potential to double account in a short time as well as blow the account including profit and deposit.
After extensive research I settled with Interserver VPS. It's only usd 10 for one slice and 20 for 2 slices. I upgraded to 2 slices, running 8 MT4 terminals with out issues. Latency to US broker server is always less than 10ms. Very happy.
I had issue with ICM blocking account continuously due to server hyperactivity from my EAs. I believe they also put negative swap for all unclosed buy and sell orders while other brokers apply positive swap to buy orders and negative to sell orders.
Never knew IC Markets global is still providing high leverage. Anyway I moved out from ICM to AXI as ICM blocks accounts easily due to hyperactivity of EA. AXI seems to allow it, no issues yet.
Try good indicators suggested by forum members. It will help to understand strategies to be successful in manual trade. I am using EA robots only at this stage.
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