Some criteria to buy EA for long term investment

Here are some criteria everyone should check before buying any Forex robot for long term investment without verifying the live results.

1. Risk to Reward ratio for every trade (Reward should be higher)
2. You should already know, how much money will be losses for every trade (Fixed amount), profit amount is not important.
3. EA Back test result should be using Professional Tick Data (over 99% quality)
4. You should know in which condition EA will open and close a trade
5. The duration for back test should be >= 20000 bars. For 5M chart it is about 4 months and for 4H chart it could be over 4 years. You can see it, in the top left corner of the strategy tester report
6. Initial investment should be 25% higher of maximal drawdown of strategy tester report
7. Its better to try the EA for 3 months in your account with small money then invest big amount if results matches with back test results
8. If there is any live signal in this marketplace for any EA then click  Risks then Drawdown and check the drawdown amount not percentage. Your initial investment should be 25% higher than the drawdown amount if you want to get the similar trading results of the signal; in most cases you can see that drawdown amount is very high.

Risk to Reward ratio:

All the Forex GURU or expert when teaches manual Forex trading, they always highlight “risk to reward ratio” for every trade. Its because if someone know this risk:reward then then can plan trading properly. But most of the EA in this marketplace don’t specify risk:reward in the EA description page; the main reason is, most of the EA has higher risk for every trade than reward; in this case a new EA user might not get confident to use the EA for long-term investment or bigger amount investment without verifying the result by own self because the EA might not sustain for long term. Dortmund Scalper EA has the solution, all the trade it takes risk: reward is 1:3 or 1:2 which is sustainable for long term investment. It also offers 3 months trial period for only 30$, there is no other EA which offers very cheaper trail for 3 months.   

Money Management : Lot Vs $

Most of the EA uses input as lot size, for example 0.01. But in this situation it is difficult to calculate how much money will be in loss or profit for a trade. It is difficult to predict how much money needs to be invested to verify the performance of the EA. Therefore, it will better if user can specify the fixed amount of money which they agree to loss/profit for every trade. In Dortmund Scalper, users have to specify fixed amount of money they agree to do loss for every trade; then user can plan for how much money they want to invest to verify the EA before planning to invest big amount of money.

Advice/Tips for beginner:

• Before buying any EA check "Balance Drawdown Maximal" or "Maximal Drawdown" amount from strategy tester report. Initial deposit must be bigger than this Maximal drawdown; because historically the EA has this amount drawdown (loss trade). Most of the EA in this marketplace has very big drawdown than initial deposit. So, one should invest minimum 25% more money as initial investment of historical drawdown based on back test. 

• There are some EA which shows live signal results but the selling EA and Signal generating EA is not same. To solve this problem, you can rent this EA for 3 months with very cheaper price and later if your trust grows then you can buy.

Dortmund Scalper EA:

Dortmund Scalper is designed with a concept which can be reliable for long term investment. Basic information of the EA can be viewed by visiting the link.

Check Dortmund Scalper EA by clicking here

Why you should try this EA:

If you want to succeed in forex then you need several EA to diversify the risk. If you already have some EA then you also should try this one. After checking real performance for 3 months then if your confidence grows only then you should invest big amount of money for any EA.

How this EA works:

No other EA revealed how it works; here you can see how it works, it will grow your confidence for long term investment. This EA will not take any random trade without any strong trend.

• This EA will try to detect strong trend. If all criteria fulfills based on the Algorithm then it will take a trade; if the trend is strong and continues then EA will continue to open new order and it could be 1-5 trade for each signal. It means, it can only open BUY or SELL trade at a time.

•  This EA will not increase/decrease lot size based on the profit or loss of the account. It’s not suitable if someone wants to take high risk to become rich quickly, it is very safe EA for long term investment. It is recommended that, after getting some profit user should update value for “Risk Per Trade $” in the input parameter. But yearly 1 time is enough to update it.

Data analysis from monitoring account:

 EA took first trade on 18 March 2025; continuously it was 5 losses = 5 trade x 2$ = 10$ losses. Then it took 2 win trade = 12$. Its setting is risk:reward for each trade = 1:3, but in REAL trading it shows that it did losses 2$ for each trade but each trade should win 3 times, means 3 x 2$ = 6; but it closed the trade with win 7.38$. summary is, you can see that it took all the trade when there was a strong trend; it did not took any random trade.

Input Parameter :

Risk Per Trade $ : Select amount (2$-300$), every trade the EA takes will be close if it losses in this amount. Initially, there will be stop loss which is big but in the background hidden stop loss will be running which will check if the trade is exceed the loss amount then it will close the trade. Sometimes, it closes the trade a little small or bigger than specified risk amount because of tick range.

Select Signal 1 : Select signal 1 or 2. If you select signal 1 then it will trade frequently, weekly 1-5 days. Risk to Reward ratio for this settings is 1:3; which means if you specify “Risk Per Trade $” = 100$ then in this settings, each trade will be close if losses exceed 100$ and take profit will be 3 times higher which is 300$. It might take 1-5 trade at a time based on the signal strength and if the trend continues. This settings has lower win rate but it is very reliable for long term investment.

Select Signal 2 : Select signal 2. If you select signal 2 then it will trade very rarely, on average monthly 1-2 trade based on yearly duration. Its risk : Reward = 1:2. It has very high win rate; only in exceptionally good condition it will take trade. This settings is suitable if someone wants to invest big amount of money and decide to get profit on yearly basis. Very reliable for long term with small risk but higher profit. It might take 1-5 trade at a time based on the signal strength and if the trend continues.

EA Name or comment : You don’t need to change it but if you want then you can type anything you want. This text will be shown in the comment history of the MT4 terminal after every trade it closes. Its suitable if you use this EA for prop trading and want to hide EA name.

Magic Number : You don’t need to change it if you want to use one EA in a account. But if you want to use 2 settings (Signal 1 and 2) in different EURUSD 5M chart then you must have to specify different Magic Number, for example 111 and 222. Its important because, EA will search all open trade which are in losses using this Magic Number and then EA will close the trade. If you use other EA in the same account then Magic Number must be different for each EA.

How to install/Setup guide:

1.     Open EURUSD 5M chart

2.     Add the EA to the Chart

3.     Select input parameter

4.     Press OK

  Risk Analysis/Money Management/EA Settings:

None of the EA in this marketplace shows risk analysis;  usually the EA developer has the most knowledge about the future risk of the EA. Here, I am doing the risk analysis of this EA; so that user knows the risk and reward.

This EA has 2 settings, Signal 1 and Signal 2, check the attachment below to get details condition for each signal settings. Drawdown is given based on historical data and profit is shown which can be achieved yearly.

Money Management for Settings : Signal = 1