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Richard Jehl  

Backtests are good if optimizing SL/TP (Auto=false). But as many EAs showed good backtests but completely failed on live accounts, a live account monitoring would be appreciated.

Best results on H4 but works on other TF also. I may buy this EA if I can convince myself live results won't be totally different.

Hoang Ngoc Thach  
Richard Jehl:

Backtests are good if optimizing SL/TP (Auto=false). But as many EAs showed good backtests but completely failed on live accounts, a live account monitoring would be appreciated.

Best results on H4 but works on other TF also. I may buy this EA if I can convince myself live results won't be totally different.

The main problem for this type of ea is slippage and spread. Beucause on backtest slippage is 0 and spread is fixed.
If your broker can supply good qoutes, it will work.
Richard Jehl  

Yes, I understand this, as breakouts are my favorite strategies.

There are some brokers who offer very low spread. Do you intend to open a signal with this EA ?

Hoang Ngoc Thach  
Richard Jehl:

Yes, I understand this, as breakouts are my favorite strategies.

There are some brokers who offer very low spread. Do you intend to open a signal with this EA ?

I prefer Tickmill, pepperstone.
Only users who purchased or rented the product can leave comments