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Test Log:
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05.05.10 This account was disabled by Alpari UK...
Since the test was running for 26.1 weeks and performance is not impressive, we are stopping the test and not planning to restart it.
10.28.09 Here are the interesting facts about Forex Trend Scalper that we learned while setting up the EA:
- Scalper works with EURUSD, EURGBP, USDJPY, USDCHF, and GBPUSD 1H pairs, but not recommended to run on more than 1 or 2 pairs at a time (We are going to use EURGBP H1)
- There is an automatic lot size calculation system, disabled by default. For our test: Auto_Calc_Lots=1; risk level is Auto_Calc_Percent=3
- There is a way to run the robot in Stealth mode (Great, but not necessary feature for our test)
- There are more ways to fine tune up EA according to your risk appetites, for this test we enabled 2 settings: Inside_Order=1,
Aggressive=1
- Forex Trend Scalper automatically adopts to 4 or 5-digit feeds and ECN type execution. I think this should be standard, but many software coders conveniently forget about it - good job Trend Scalper team!
- There are a trading day management and emergency closing systems built in
Basically the only questions that we have after the installation are:
- the recommendations not to backtest the product, the reasons in the manual against it are clear, still I don't like when I am prohibited of doing something
- the "recommended" broker is BeamFX, on forextrendscalper.com posted statements from Alpari, pictures in the user manual are from CMSFX :-) , also CMSFX demo account opening page shows the leverage 1:400, is this a recommended leverage?
Overall positive impression of the sturdy built product. Let's see now if it can make us some demo $$$.
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(Gross Pips: -931.9)
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