Average Pips per Week:-1 (Gross Pips: -35)
Average P/L per Week:+0.83% (Gross P/L: +28.25%)
Maximum Equity used:42.45% (Jun 25, 2012, 9:43:00 AM)
Test started:Jun 6, 2012
Test Stopped:Jan 2, 2013 (Tested 29.9 weeks)
We appreciate ForexSignals.com (formerly LiveForexTrading.info) for sharing their Erio's Earner EA performance on a LIVE account with ForexPeaceArmy.com traders community!
Please address ALL questions regarding the settings of this EA to ForexSignals.com support. The FPA is monitoring this EA using the investor password and has no access to the settings being used.
2013-01-02 Test stopped per owner's request.
2012-06-9 Erio's Earner Real test started with help of Investor Access...
Descriptions: This system trades the AUD/USD, EUR/USD, GPB/JPY, GPB/USD, USD/CAD and USD/JPY. It took over 2 years to develop Erio's Earner. The EA is designed to trade across all sessions due to the diversity of the pairs traded. The strategy relies on the use of over a dozen of interconnected indicators that assess the direction and strength of each pair. There is a fixed take profit and stop loss level on all trades, however most trades are exited dynamically as the market changes. If the strength of a pair is showing signs a 40-50 pips is move achievable then it will let the profit run. Conversely if a pair quickly reverses, it will take profit of only a few pips. Very few trades result in significant draw downs.