I have run this EA for around 2 months and noticed that while it is a basic Waka Waka EA as per the description, the operator does not understand how to run a professional trading EA. For example, the EA is set to trade during the daily roll over hour and has trade at 80-100 points worse spread to open positions. What is of the most concern is that when this was pointed out to the operator they decided this wasn't important and was happy to open trades during the window when spreads were terrible to quote "because this is what they have always done and it's fine". The might like to take this view with their own money and risk but if you are operating a signals to the public you need to profesionally minimise all risk and maximsise all profits. I can't recommend any signal from a provider who does not take care of the basic of trading .... I've need up to purchases my own copy of the EA rather than risk using this signal. You may take your own view but I worry what else is not correctly set with this operator and especially when they resist sending their settings when asked.
I have run this EA for around 2 months and noticed that while it is a basic Waka Waka EA as per the description, the operator does not understand how to run a professional trading EA. For example, the EA is set to trade during the daily roll over hour and has trade at 80-100 points worse spread to open positions. What is of the most concern is that when this was pointed out to the operator they decided this wasn't important and was happy to open trades during the window when spreads were terrible to quote "because this is what they have always done and it's fine". The might like to take this view with their own money and risk but if you are operating a signals to the public you need to profesionally minimise all risk and maximsise all profits. I can't recommend any signal from a provider who does not take care of the basic of trading .... I've need up to purchases my own copy of the EA rather than risk using this signal. You may take your own view but I worry what else is not correctly set with this operator and especially when they resist sending their settings when asked.
What's the money management method used? Wait and see?