[Pharaoh]

I haven't used it, but must confess that I've been tempted to try it.

As I understand it, this bot doesn't have a stoploss or else it has a VERY wide one. Officially, any remaining trades are supposed to be closed at the end of the month. I did see someone claim that closing all non-profitable trades at the end of each week would reduce drawdown.

Another suggestion by a user was to set it to only take trade with positive swap interest. Obviously, this won't amount to much of a trade goes 500 pips against you, but would reduce losses a little and add some to gains. Some brokers are a LOT better on swap interest than others, so this will work better on brokers that are more reasonable about rollover costs.

If I ever do break down and get this, I would definitely want to be sure I could set a maximum SL by default.

The one thing that makes me more willing to consider this EA above others is that it seems the owner really does respond to emails. Maybe it works, maybe it doesn't, but at least he doesn't disappear the moment your money reaches his bank account.

Personally, I'd love to hear from anyone who has used this for over 6 months (and who isn't also an affiliate).