EuroX2.ex4 any comments?

 

hello guys, I've been looking for an EA everywhere and i found this one (that is for sale for $99 on a website) . The results are quite impressive but I wanted to know if someone already tried it on a live acct.

You can download a demo version, but it only works in the strategy tester, it doesn't work on a demo or live account unless you buy it. it trades EUR/USD and here are the results:

1 2006.08.01 00:15 sell 1 1.00 1.2770 1.2808 1.2753 0.00 10000.00

2 2006.08.01 03:35 t/p 1 1.00 1.2753 1.2808 1.2753 170.00 10170.00

3 2006.08.01 11:05 sell 2 1.00 1.2738 1.2776 1.2721 0.00 10170.00

4 2006.08.01 15:40 s/l 2 1.00 1.2776 1.2776 1.2721 -380.00 9790.00

5 2006.08.01 15:40 sell 3 1.00 1.2774 1.2812 1.2757 0.00 9790.00

6 2006.08.01 15:59 t/p 3 1.00 1.2757 1.2812 1.2757 170.00 9960.00

7 2006.08.01 16:10 sell 4 1.00 1.2752 1.2790 1.2735 0.00 9960.00

8 2006.08.01 16:15 t/p 4 1.00 1.2735 1.2790 1.2735 170.00 10130.00

9 2006.08.01 16:20 sell 5 1.00 1.2752 1.2790 1.2735 0.00 10130.00

10 2006.08.01 17:15 t/p 5 1.00 1.2735 1.2790 1.2735 170.00 10300.00

11 2006.08.01 18:40 sell 6 1.00 1.2775 1.2813 1.2758 0.00 10300.00

12 2006.08.01 18:45 t/p 6 1.00 1.2758 1.2813 1.2758 170.00 10470.00

13 2006.08.01 18:59 sell 7 1.00 1.2775 1.2813 1.2758 0.00 10470.00

14 2006.08.01 19:05 s/l 7 1.00 1.2813 1.2813 1.2758 -380.00 10090.00

15 2006.08.01 19:05 sell 8 1.00 1.2817 1.2855 1.2800 0.00 10090.00

16 2006.08.01 19:10 t/p 8 1.00 1.2800 1.2855 1.2800 170.00 10260.00

17 2006.08.01 19:15 sell 9 1.00 1.2793 1.2831 1.2776 0.00 10260.00

18 2006.08.02 05:35 s/l 9 1.00 1.2831 1.2831 1.2776 -378.00 9882.00

19 2006.08.02 16:10 sell 10 1.00 1.2817 1.2855 1.2800 0.00 9882.00

20 2006.08.02 16:20 t/p 10 1.00 1.2800 1.2855 1.2800 170.00 10052.00

21 2006.08.02 16:29 sell 11 1.00 1.2814 1.2852 1.2797 0.00 10052.00

22 2006.08.02 18:05 t/p 11 1.00 1.2797 1.2852 1.2797 170.00 10222.00

23 2006.08.02 18:10 sell 12 1.00 1.2811 1.2849 1.2794 0.00 10222.00

24 2006.08.02 18:15 t/p 12 1.00 1.2794 1.2849 1.2794 170.00 10392.00

25 2006.08.02 21:40 sell 13 1.00 1.2803 1.2841 1.2786 0.00 10392.00

26 2006.08.02 22:35 t/p 13 1.00 1.2786 1.2841 1.2786 170.00 10562.00

27 2006.08.03 03:00 sell 14 1.10 1.2793 1.2831 1.2776 0.00 10562.00

28 2006.08.03 03:05 t/p 14 1.10 1.2776 1.2831 1.2776 187.00 10749.00

29 2006.08.03 03:10 sell 15 1.10 1.2794 1.2832 1.2777 0.00 10749.00

30 2006.08.03 03:15 t/p 15 1.10 1.2777 1.2832 1.2777 187.00 10936.00

31 2006.08.03 09:20 sell 16 1.10 1.2763 1.2801 1.2746 0.00 10936.00

32 2006.08.03 15:45 s/l 16 1.10 1.2801 1.2801 1.2746 -418.00 10518.00

33 2006.08.03 15:45 sell 17 1.10 1.2829 1.2867 1.2812 0.00 10518.00

34 2006.08.03 16:05 t/p 17 1.10 1.2812 1.2867 1.2812 187.00 10705.00

35 2006.08.03 16:05 sell 18 1.10 1.2798 1.2836 1.2781 0.00 10705.00

36 2006.08.03 18:10 t/p 18 1.10 1.2781 1.2836 1.2781 187.00 10892.00

37 2006.08.03 19:00 buy 19 1.10 1.2780 1.2742 1.2797 0.00 10892.00

38 2006.08.03 19:35 t/p 19 1.10 1.2797 1.2742 1.2797 187.00 11079.00

39 2006.08.03 21:20 sell 20 1.10 1.2813 1.2851 1.2796 0.00 11079.00

40 2006.08.04 01:45 t/p 20 1.10 1.2796 1.2851 1.2796 189.20 11268.20

41 2006.08.04 03:35 sell 21 1.10 1.2803 1.2841 1.2786 0.00 11268.20

42 2006.08.04 10:50 t/p 21 1.10 1.2786 1.2841 1.2786 187.00 11455.20

43 2006.08.04 15:00 sell 22 1.10 1.2794 1.2832 1.2777 0.00 11455.20

44 2006.08.04 15:35 s/l 22 1.10 1.2832 1.2832 1.2777 -418.00 11037.20

45 2006.08.04 15:35 sell 23 1.10 1.2849 1.2887 1.2832 0.00 11037.20

46 2006.08.04 15:40 t/p 23 1.10 1.2832 1.2887 1.2832 187.00 11224.20

47 2006.08.04 15:40 sell 24 1.10 1.2814 1.2852 1.2797 0.00 11224.20

48 2006.08.04 15:50 s/l 24 1.10 1.2852 1.2852 1.2797 -418.00 10806.20

49 2006.08.04 15:50 sell 25 1.10 1.2885 1.2923 1.2868 0.00 10806.20

50 2006.08.04 16:05 t/p 25 1.10 1.2868 1.2923 1.2868 187.00 10993.20

51 2006.08.04 16:05 sell 26 1.10 1.2864 1.2902 1.2847 0.00 10993.20

52 2006.08.04 16:50 s/l 26 1.10 1.2902 1.2902 1.2847 -418.00 10575.20

53 2006.08.04 16:50 sell 27 1.10 1.2907 1.2945 1.2890 0.00 10575.20

54 2006.08.04 18:05 t/p 27 1.10 1.2890 1.2945 1.2890 187.00 10762.20

55 2006.08.04 18:15 sell 28 1.10 1.2895 1.2933 1.2878 0.00 10762.20

56 2006.08.04 22:15 t/p 28 1.10 1.2878 1.2933 1.2878 187.00 10949.20

57 2006.08.07 09:45 sell 29 1.10 1.2884 1.2922 1.2867 0.00 10949.20

58 2006.08.07 09:59 t/p 29 1.10 1.2867 1.2922 1.2867 187.00 11136.20

59 2006.08.07 10:45 sell 30 1.10 1.2879 1.2917 1.2862 0.00 11136.20

60 2006.08.07 12:35 t/p 30 1.10 1.2862 1.2917 1.2862 187.00 11323.20

61 2006.08.07 13:40 sell 31 1.10 1.2872 1.2910 1.2855 0.00 11323.20

62 2006.08.07 14:40 t/p 31 1.10 1.2855 1.2910 1.2855 187.00 11510.20

63 2006.08.07 15:40 sell 32 1.20 1.2869 1.2907 1.2852 0.00 11510.20

64 2006.08.07 19:40 t/p 32 1.20 1.2852 1.2907 1.2852 204.00 11714.20

65 2006.08.08 15:45 buy 33 1.20 1.2831 1.2793 1.2848 0.00 11714.20

66 2006.08.08 21:15 t/p 33 1.20 1.2848 1.2793 1.2848 204.00 11918.20

67 2006.08.08 21:29 buy 34 1.20 1.2831 1.2793 1.2848 0.00 11918.20

68 2006.08.08 21:40 t/p 34 1.20 1.2848 1.2793 1.2848 204.00 12122.20

69 2006.08.08 21:50 buy 35 1.20 1.2823 1.2785 1.2840 0.00 12122.20

70 2006.08.08 21:59 t/p 35 1.20 1.2840 1.2785 1.2840 204.00 12326.20

71 2006.08.08 22:20 buy 36 1.20 1.2833 1.2795 1.2850 0.00 12326.20

72 2006.08.08 23:15 t/p 36 1.20 1.2850 1.2795 1.2850 204.00 12530.20

73 2006.08.08 23:29 buy 37 1.30 1.2837 1.2799 1.2854 0.00 12530.20

74 2006.08.09 01:45 s/l 37 1.30 1.2799 1.2799 1.2854 -499.20 12031.00

75 2006.08.09 01:45 buy 38 1.20 1.2788 1.2750 1.2805 0.00 12031.00

76 2006.08.09 08:40 t/p 38 1.20 1.2805 1.2750 1.2805 204.00 12235.00

77 2006.08.09 13:50 sell 39 1.20 1.2900 1.2938 1.2883 0.00 12235.00

78 2006.08.09 14:35 t/p 39 1.20 1.2883 1.2938 1.2883 204.00 12439.00

79 2006.08.09 16:00 sell 40 1.20 1.2880 1.2918 1.2863 0.00 12439.00

80 2006.08.09 21:29 t/p 40 1.20 1.2863 1.2918 1.2863 204.00 12643.00

81 2006.08.10 03:00 sell 41 1.30 1.2867 1.2905 1.2850 0.00 12643.00

82 2006.08.10 09:05 s/l 41 1.30 1.2905 1.2905 1.2850 -494.00 12149.00

83 2006.08.10 09:05 sell 42 1.20 1.2903 1.2941 1.2886 0.00 12149.00

84 2006.08.10 09:10 t/p 42 1.20 1.2886 1.2941 1.2886 204.00 12353.00

85 2006.08.10 09:10 sell 43 1.20 1.2882 1.2920 1.2865 0.00 12353.00

86 2006.08.10 10:35 t/p 43 1.20 1.2865 1.2920 1.2865 204.00 12557.00

87 2006.08.10 10:50 sell 44 1.30 1.2890 1.2928 1.2873 0.00 12557.00

88 2006.08.10 10:59 t/p 44 1.30 1.2873 1.2928 1.2873 221.00 12778.00

89 2006.08.10 21:30 sell 45 1.30 1.2785 1.2823 1.2768 0.00 12778.00

90 2006.08.11 05:20 t/p 45 1.30 1.2768 1.2823 1.2768 223.60 13001.60

91 2006.08.11 05:20 buy 46 1.30 1.2766 1.2728 1.2783 0.00 13001.60

92 2006.08.11 10:40 t/p 46 1.30 1.2783 1.2728 1.2783 221.00 13222.60

93 2006.08.11 15:40 buy 47 1.30 1.2743 1.2705 1.2760 0.00 13222.60

94 2006.08.11 15:50 t/p 47 1.30 1.2760 1.2705 1.2760 221.00 13443.60

95 2006.08.11 15:59 buy 48 1.30 1.2730 1.2692 1.2747 0.00 13443.60

96 2006.08.11 16:35 t/p 48 1.30 1.2747 1.2692 1.2747 221.00 13664.60

97 2006.08.11 16:50 buy 49 1.40 1.2730 1.2692 1.2747 0.00 13664.60

98 2006.08.11 16:59 t/p 49 1.40 1.2747 1.2692 1.2747 238.00 13902.60

99 2006.08.11 16:59 buy 50 1.40 1.2754 1.2716 1.2771 0.00 13902.60

100 2006.08.11 17:35 t/p 50 1.40 1.2771 1.2716 1.2771 238.00 14140.60

101 2006.08.11 19:05 buy 51 1.40 1.2741 1.2703 1.2758 0.00 14140.60

102 2006.08.11 22:59 close at stop 51 1.40 1.2730 1.2703 1.2758 -154.00 13986.60

Bars in test 789

Ticks modelled 2865

Modelling quality 50.00%

Initial deposit 10000.00

Total net profit 3986.60

Gross profit 7943.80

Gross loss -3957.20

Profit factor 2.01

Expected payoff 78.17

Absolute drawdown 210.00

Maximal drawdown 880.00 (7.68%)

Relative drawdown 7.68% (880.00)

Total trades 51

Short positions (won %) 38 (78.95%)

Long positions (won %) 13 (84.62%)

Profit trades (% of total) 41 (80.39%)

Loss trades (% of total) 10 (19.61%)

Largest

profit trade 238.00

loss trade -499.20

Average

profit trade 193.75

loss trade -395.72

Maximum

consecutive wins (profit in money) 10 (1955.00)

consecutive losses (loss in money) 1 (-499.20)

Maximal

consecutive profit (count of wins) 1991.60 (9)

consecutive loss (count of losses) -499.20 (1)

Average

consecutive wins 4

consecutive losses 1

it uses the H1 chart and 38 SL / 17 TP ,

any comments?

Any info/tips on MT4 would be greatly apreciated.

Thanks and have a lucky trade!

 

Modelling quality 50.00% is not enough.

It should be 90%.

And not for one year backtesting.

At least for 4 years.

And there are some things to know before buying:

does this EA is operating on the opened bar, or close bar?

It is impossible to have opinion about EA without forward testing.

 

forward testing

i am forward testing this ea. i will be posting the results on weekly basis.

regards,

 

My backtesting results since 2001, EURUSD H1 default settings.

Lossing money very quickly.

Files:
eurox2.zip  71 kb
eurox2.gif  6 kb
 

Hey -

new to this forum.

i am forward testing euroX2 right now.. started today.

the test setting i was using was giving me a 90%

using: time frame: h1

pairs: eur/usd

initial deposit: 3000

db: fast fx

i am also forward testing: firebirdv63

the test on this was also giving me a 90%

using: time frame of h4

pairs: eur/usd

initial deposit: 10,000

db: trade executioner

i will post my week end results on friday

TTYL

 
furious_angel:
Hey -

new to this forum.

i am forward testing euroX2 right now.. started today.

the test setting i was using was giving me a 90%

using: time frame: h1

pairs: eur/usd

initial deposit: 3000

db: fast fx

i am also forward testing: firebirdv63

the test on this was also giving me a 90%

using: time frame of h4

pairs: eur/usd

initial deposit: 10,000

db: trade executioner

i will post my week end results on friday

TTYL

Forward testing is testing live.

Backtesting is testing on historical data using Strategy Tester (not live).

90% is modeling quality during the backtesting (it should be written on the left corner of the backtesting statement).

 
newdigital:
Forward testing is testing live.

Backtesting is testing on historical data using Strategy Tester (not live).

90% is modeling quality during the backtesting (it should be written on the left corner of the backtesting statement).

correct, i had done some back testing.. and now i am doing some forward testing

 
luckyargfx:
Hello, so that graphic means that this EA sucks? are the links above for the trial version (just for tester) or the real ones for virtual and live? thanks.

I downloaded zip file from this thread (post#4). There are two files zip'ed in one: EA (ex4 file) and some instruction about the settings, pair and timeframe. I used it for backtesting.

This EA is losing money very quickly.

 
furious_angel:

i am forward testing euroX2 right now.. started today.

the test setting i was using was giving me a 90%

using: time frame: h1

(4) pairs: eur/usd, eur/jpy, eur/gbp, & usd/jpy

initial deposit: 5000

db platform: fxprofit

*please note - i did make some changes in how i am testing this EA as compaired to my earlier post.

so far this one has made $470.41 in the last 24 hours..

 

Goodjob,...

Good job,.. guys,...

I will wait for the result EuroX2 vs Firebirdv63

can you share id dan password (for read only pass) MT4 and the broker server

for us, cos we want to know more real detail of each performance.

because many report of front testing is like this : "this week +70xx , total 123xxx and bla-bla-bla,...." we not see more true detail the statement.

thank's,...!!

 

Hi this is my first post in this forum

thanks for sharing this EA .the backtest is really great!!!

in 1 year backtest it turned 1000$ into 2 million$ and in 2 years turned into 20 million $ hope the forward test will be like the great backtest!!!

Reason: