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Loss making EA...............But
As you all know the MT4 comes with an inbuilt EA named moving average. I knew this is no good otherwise people would not have been here in TSD.
I backtested this EA for 2006-07 with 90% modelling quality and it gave it 2179 pips LOSS. Only change I made was setting Max Risk at 0.05 instead of 0.01.
My question is if I put this EA into a real account what can be the end result? Better than this or even worse?
Its a known fact that real market ticks are entirely different than demo server, what happens if we manually enter the trades in OPPOSITE direction of what adviced/opened by the EA? The drawdowns will be large sometimes but at the end shall we come out with 2179 pips profit in a year?
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