Kenneth Raymond Hubbard
Recruit
- Messages
- 2
Great, so you are now improving to a stoploss almost 10 times the average take profit.
This EA is one of the most expensive on the market and I think at this stage it is a pure rip-off. With this kind of risk to reward ratio, a person will make better profits with a simple MA crossover.....or maybe a coin toss.....at least he won't have to pay $200 for it!
I was lucky and exited manually at 60 pips loss. There were at least 2 opportunities for this EA to exit with reasonable loss when it was clear that the trade was going wrong......but like I said, this EA does not have an exit strategy.....unless you consider a massive stoploss an exit strategy.
Sorry, Malai, you seem like a nice chap and a talented programmer but you will not catch me anywhere near this EA again............
This EA is one of the most expensive on the market and I think at this stage it is a pure rip-off. With this kind of risk to reward ratio, a person will make better profits with a simple MA crossover.....or maybe a coin toss.....at least he won't have to pay $200 for it!
I was lucky and exited manually at 60 pips loss. There were at least 2 opportunities for this EA to exit with reasonable loss when it was clear that the trade was going wrong......but like I said, this EA does not have an exit strategy.....unless you consider a massive stoploss an exit strategy.
Sorry, Malai, you seem like a nice chap and a talented programmer but you will not catch me anywhere near this EA again............