I bought Powerflow EA in early 2015, and I've put it on demo accounts (FXCM) since then, thinking that if results were good for 6 months, I would put it on a real account.
Unfortunately, the results have been really disappointing (and showing shart drops due to the grid nature of this EA) :
- FXCM 5000 EUR demo account : Feb-March 2015 : -96% in March --> stopped it
I used the presets provided by Forex21: PowerFlow-AUDNZD.set, PowerFlow-GBPUSD.set and PowerFlow-USDCAD.set
https://www.myfxbook.com/members/wiart/fxcm-demo-5000-powerflow-ea/1163639
I contacted Forex21, and they were very helpful, with timely answers and explanations that those presets required a "bigger" account (more than 5000 EUR), and that I should use the low lots preset if I wanted to use the 3 pairs (interestingly, that was not what was mentioned in the Powerflow user manual).
I then decided to give it a second chance with a smaller account (given the first test, I was not planning to give it more than 1000 EUR of my real hard earned money...)
- FXCM 1000 EUR demo account: April-January 2015 : -75%
After several emails back and forth with Forex21, I then used the PowerFlow-AUDNZD-Low-Lots.set (with Powerflow v1.1.6) --> one pair only, low lots (0.01 lot for each trade)
http://www.myfxbook.com/members/wiart/fxcm-demo-1000-powerflow-ea/1204030
I believe I've given it enough time to proove itself, and just decided to stop the bleeding and throw out this EA.
Interestingly enough, a search on Myfxbook (
http://www.myfxbook.com/search/powerflow) shows that most of the accounts went under fairlly quickly, and a few are positive (but why the hell the account owners would stop a winning EA after 3 to 6 months?).