Hi All,

I'm new to this board, and am forward testing the EuroX2 EA. So far, I don't have enough data to share but will share it when I feel I have enough to be conclusive. One question to others that have forward tested this EA......

I notice that it should set a 40 pip take profit (T/P), and a 20 pip trailing stop upon opening a postition. I see the dotted line indicating the T/P point on the chart. However, on many occasions, an open position will go well over 20pips under water during the course of the trading of this EA. I would not expect this if a trailing stop is truly being placed at 20 pips for each order. Any comments would be welcome.

Thanks,
TJ56

If this EA would work on real account, nobody would sell it for 99$.
There are some EA's which uses bugs on MT and produses wuch a big results. I personally do not trust these guys, because I could not find a contact details on their website ... just give us a money and we are done ...

All.......I opened a mini account a week ago and deposited $250.00 with 50:1 leverage. I started the EuroX2 EA on 9/14 and have let it run non-stop until today. The balance on my account is currently 277.50, an 11% return on investment. At times the account was down 50% while 4 postitions were opened, sometimes for several days. But, in each case, the positions eventually closed simultaneously for a net gain. I am not yet convinced that this EA works, and will continue to test for at least a full month. But the initial week's results are positive and wanted to let anyone who is interested know this. It seems that you can't watch this one every minute. You just have to let it run on a H4 chart and check it every once in a while. More to come next week.........

Greetings herkfsu, while reading the posts that followed your question you saw a couple of posts stating multiple EAs going at one time. It is really quite easy to do and the PC dosn't need to be much of a powerhouse to try it out. I have a fairly new laptop as a secondary trading computer that is running on a wireless LAN in the house. It purrs along running anywhere from 6 to 18 copies of MT4 running demo forward tests on various EAs.

Simply create a new folder in the program directory and name it something like MT4-demo02 or whatever so you can tell the difference. Then install a fresh copy of MT4 into that folder, place your EAs to test in the experts folder inside, and you are good to go : ) Repeat this process as many times as you wish creating a new folder/install/demo-account.

Happy Trading,
Thom

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Find a way to make someone's day

It is designed for work on the euro/usd pir. the results you posted for other pairs are just cause yoou did not follow the instructions. you need to follow then to have even half of a chance

If this guy was serious and his systems (EA's) worked, he would have his own website, not a NetFirms subdomain.

I foward tested this EA on the Euro and found the best results trading in the 1 hour time frame using the following parameters:

MaxTrades 6
Pips 3
Take Profit 17
Trailing Stop 4

I found these using the optimization feature of MT4. It literally took a day and a half to finish. Because there is no stop loss, you have to make sure you have a reliable broad band connection. You might also want to get a UPS for your computer and DSL/Cable modem.

I'm trading a live account with this right now, and so far, the results have been good. I'll let you know at the end of October 06 how it fares.

Yam Digger

.. i thought i read somewhere, where the site chnaged the timing on the testing to 4h..

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" If you are not here to live a perfect life, then you are wasting it. "

Can somebody upload this EA for so that i can change the settings and test on ECN broker.

Thanks in Advance,
Aakif

hello, im glad this thread still alive, I'd like to change a few settings on this EA but the version i have is not editable, could you upload the editable version?

thanks in advance.