The premise of this expert advisor is that it constantly takes small market variations into account and tries to make use of the information. The expert advisor will take into account multiple time frames for the currency and other data, and try to anticipate market movement.
Setup Required
This product obviously requires MetaTrader since it is an expert advisor. It does trade by itself once you set it up, but it’s quite technical. When you purchase the product you do receive precise instructions, they are not terribly complicated, but you need to be comfortable navigating around on your computer and copying files around.
This expert advisor can be used with any MetaTrader broker, but the creators do have their favorites. They advise that the product works best on brokers with ultra tight spreads.
Test Number 1 with FXDD
My first test was conducted with FXDD for no particular reason other than I already had an FXDD demo account. I was advised that I could get better results with another broker, but I declined to change brokers and installed the EA into my FXDD MetaTrader.
After a rush of trading on the first days, the system seemed to start trading very rarely. It sometimes went days without trading. I assumed this was due to a spread limitation in the program. I was concerned early on because the system immediately took a 10 percent loss on the first trade. It turned out to be the first of two 10 percent losses. However, between those losses the system would slowly edge the account balance back up.
The final result of 1 month of trading with an FXDD account was a gain of 3.91 percent. The starting account balance of the demo account was $4811 and the ending balance was $4999. Not very spectacular results, but remember that this system traded itself, all I did was write down the balance daily.
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