parameters hidden, no backtesting allowed
I just installed version 3.0. One day gone by & no trades. I noticed they have hidden many of the parameters in this version that fpa had as non-standard values (not default & different from what they have in their presets for v 2) for their test. Furthermore, you can't do a backtest on this thing.
fpa parameters:
Settings:
Lots=1.00000000
TakeProfit=50.00000000
Slippage=3.00000000
StopLoss=0.00000000
AutoGMT=1
GMT_Offset=2
OptimizedLots=1
MaxRisk=8.50000000
FRLots=0
RiskTolerance=2
MaxDrawDown=30.00000000
AllowScaling=1
AutoClose=1
smp=12.00000000
fmp=5.00000000
rp=22.00000000
TrailingStop=0.00000000
TakeProfitPercent=0.40000000
AutoTrailAtProfit=1
AutoTrailBy=65.00000000
TradeFriday=1
TradeDecember=1
ShowHiddenStop=1
I have it on a 5 minute chart where I've noticed the spread it's quoting doesn't update from the time the ea is loaded & is wrong. It doesn't seem to be working. But to be thorough, I'll give this a week on forward demo test before getting a refund.
This ea gets an "F" for transparency. It's a complete blackbox with parameters unavailable & no backtesting allowed. No way to tell whether it's working properly or not. How anybody could trust this thing with real money is beyond belief.
Total bad news.
I just installed version 3.0. One day gone by & no trades. I noticed they have hidden many of the parameters in this version that fpa had as non-standard values (not default & different from what they have in their presets for v 2) for their test. Furthermore, you can't do a backtest on this thing.
fpa parameters:
Settings:
Lots=1.00000000
TakeProfit=50.00000000
Slippage=3.00000000
StopLoss=0.00000000
AutoGMT=1
GMT_Offset=2
OptimizedLots=1
MaxRisk=8.50000000
FRLots=0
RiskTolerance=2
MaxDrawDown=30.00000000
AllowScaling=1
AutoClose=1
smp=12.00000000
fmp=5.00000000
rp=22.00000000
TrailingStop=0.00000000
TakeProfitPercent=0.40000000
AutoTrailAtProfit=1
AutoTrailBy=65.00000000
TradeFriday=1
TradeDecember=1
ShowHiddenStop=1
I have it on a 5 minute chart where I've noticed the spread it's quoting doesn't update from the time the ea is loaded & is wrong. It doesn't seem to be working. But to be thorough, I'll give this a week on forward demo test before getting a refund.
This ea gets an "F" for transparency. It's a complete blackbox with parameters unavailable & no backtesting allowed. No way to tell whether it's working properly or not. How anybody could trust this thing with real money is beyond belief.
Total bad news.
Last edited: