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I got the EA from a telegram channel with a setting file for GBPUSD. I run backtest from the beginning of 2018 till now (with FixLot 0.01, and depo $1000). The results are very bad. Manipulating with sl and tp didn't improve the outcome. If somebody has more optimistic results, please share.
The available backtesting shows no big drawdown and almost perfect equity increase.
While the 3 days testing on a demo account caused more drawdown than the backtesting for the whole year!
Thank you. I got it from another source, and per the file size, it looks the same. As far as I know, the author also provides a custom indicator. Do you have it?
You may be right. I also suspect that the EA could be a scam, because its limitations don't allow to check its results on a demo account against the backtest results. Nevertheless, the logic of its entering the market sounds good to me so far.
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