Taren Ea UPDATE
I order this Ea 26 Jan afternoon. And 27 Jan afternoon no Ea or no answer from them even after 24 houer as they stated after i bought from them on their thank you site. I send to their email as in instructions and give them my Broker acount number. Still no reply. Also send email to their paypal email adress. If no robot delivered i make a refund claim to them and to paypal. In total i send 3 or 4 emails without answers. I update here how its going. Till answer or Robot sended be careful to buy this.
UPDATE!: I got this Ea and with manual that is bad because it not tell you anything how to adjust settings for best result. It not shown how to optimize it best for different sizes of money.
Its bad that the vendor dont answer my questions when i sended so many mails. Delivered after 24 H++. I have now backtest it and i can say that many people whant to start small with for example 100 $ . I worked many houer to get best settings for that amount. I backtest it since okt 1 2014 to Januari 27 2015 Eur/usd.
It seems hard to get it survive small balances. Result vary a lot with burns balance if longer timeframes. But with bigger balance it seems better. What i feel just now i will only get this 2 points of 5 because its problem to handle small balances.
Its seems verry unsure to handle small startbalance. Larger balances as 1000$ use vendors settings.
Seems good in short terms. Im not use martingale settings,
Here is backtest:
Taren-1.1 Forex EA- AC 0
FXChoice-Classic Live (Build 765)
Symbol EURUSD (euro vs US dollar)
Period 30 Minutes (M30) 2014.10.01 00:00 - 2015.01.26 23:30 (2014.10.01 - 2015.01.27)
Model Every tick (the most precise method based on all available least timeframes)
Parameters Version="Taren-1.1"; Magic=1774194569; Lot=0.01; Multiplier=0.13; TakeProfit=470; Martin=false; Slippage=2; Contact="rayattaren@hotmail.com";
Bars in test 4796 Ticks modelled 5341901 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 100.00 Spread Current (17)
Total net profit 396.74 Gross profit 580.89 Gross loss -184.15
Profit factor 3.15 Expected payoff 2.05
Absolute drawdown 35.14 Maximal drawdown 60.37 (13.87%) Relative drawdown 40.18% (43.56)
Total trades 194 Short positions (won %) 134 (70.15%) Long positions (won %) 60 (63.33%)
Profit trades (% of total) 132 (68.04%) Loss trades (% of total) 62 (31.96%)
Largest profit trade 37.89 loss trade -14.21
Average profit trade 4.40 loss trade -2.97
Maximum consecutive wins (profit in money) 9 (39.41) consecutive losses (loss in money) 4 (-28.84)
Maximal consecutive profit (count of wins) 39.41 (9) consecutive loss (count of losses) -28.84 (4)
Average consecutive wins 2 consecutive losses 1
