Hi Kat,
Dont count on any of those clubs being any better. I have a membership with the FAP-T Experts Guide, and their settings, with their prefered broker, didnt make any money either. If you look at how well MegaDroid trades and compare the two, its obvious that Megadroid is a lot more cautious about the trades it accepts, and much quicker to label a trade as failed and seek a breakeven exit.
Running all the FAP-T pairs on an ATC FX demo account, with the default settings and a 5% position size on the FAP-T pairs, its obvious the group takes multiple lossses almost every day, and rarely comes out ahead. If it wasnt for running Megadroid on a huge position size the account would be down.
Its obvious that this EA has trading capabilities, but it cant be trusted to run on autopilot reliably. Rather I think it could be run better as a manual trading aid, using the trend filter and only turning it on when the ma filter and the price trend lined up. Once it was attached to a chart you would be responsible for watching it and removing it once your trend line was broken, and watching and waiting for a new trend to form in line with the ma, and manualy managing any trades that went against you for the best and quickest exit.
This is a bit of work, but compared to manualy scalping, it would allow us to do other things without being glued to the charts every minute.
Dont count on any of those clubs being any better. I have a membership with the FAP-T Experts Guide, and their settings, with their prefered broker, didnt make any money either. If you look at how well MegaDroid trades and compare the two, its obvious that Megadroid is a lot more cautious about the trades it accepts, and much quicker to label a trade as failed and seek a breakeven exit.
Running all the FAP-T pairs on an ATC FX demo account, with the default settings and a 5% position size on the FAP-T pairs, its obvious the group takes multiple lossses almost every day, and rarely comes out ahead. If it wasnt for running Megadroid on a huge position size the account would be down.
Its obvious that this EA has trading capabilities, but it cant be trusted to run on autopilot reliably. Rather I think it could be run better as a manual trading aid, using the trend filter and only turning it on when the ma filter and the price trend lined up. Once it was attached to a chart you would be responsible for watching it and removing it once your trend line was broken, and watching and waiting for a new trend to form in line with the ma, and manualy managing any trades that went against you for the best and quickest exit.
This is a bit of work, but compared to manualy scalping, it would allow us to do other things without being glued to the charts every minute.