BigExpert

Kept going Short on 4/19/21, when all other indicators telling me otherwise.

Something malicious is going on here, and it's about time we find out the truth about this EA. First of all the author seem to be confused about how to run the backtests, he turned on the filters in the backtest but then said if you want "accurate" backtest then the filters should be off during the backtest. Either way the EA was very profitable in the backtest and AS SOON as it goes live, it goes absolutely poorly. The author is also making excuses regarding putting up a live signal. All in all, we've been misled and told we know nothing about programming when the EA is just poor.

08.03.2021 - Following days of backtesting and running BigExpert on Live and Demo accounts, together with observations and analysis of trading results obtained from other traders using this EA, I am in no doubt that the author has demonstrated excellence in putting this masterpiece together. Renate has been so wonderful in customer support and has taken his time to address every issue or query raised by customers.

20.04.2021 - After close to 2 months of trading with BigExpert on both Live and Demo accounts, it has become clear the EA is only placing trades randomly without any defined logics. I am not a programmer, but I am sufficiently knowledgeable to know that the author fine-tuned the backtest to produce about 90% win and 10% lose ratio, the structural trajectory which has completely disappeared from BigExpert with live trading.

The author has been extremely supportive and highly interactive with customers, responding to comments and answering questions. But I think he has only been doing this in order to sell more copies and make more money until the whole world finally discovers the scam behind BigExpert EA.

I strongly recommend that MQL5 review their policy regarding products payment release timeline for vendors. MQL5 needs to diligently establish the authenticity of products and the intentions of the developers before releasing sales proceeds to them, and this can only be sufficiently accomplished by increasing the remittance timeline and obtaining feedback from the buyers of the products. I have purchased many of such fraudulent products on MQL5 all of which were removed after some time.

Presently, I consider MQL5 an accomplice until they review their policy.

SO BAD

backtest is something ,and march backtesting AND TRADING IS SOMETHING ELSE,dnt buy it till it go three month of live result

⛔Do not waste your time and money

⛔⛔Take a backtest after 2021/03/01 to find out that bigexpert is a bigscam

M30 is underperforming really bad and results in big loss. H1 is struggling lately but it's ok so far. This EA takes positions in serial mode. I.e. it doesn't open a new position if the previous is not closed. Therefore depending on the time you start it you get different results.

Well Big Expert is a very simple Expert Advisor that is programmed as well as any regular failed expert advisor programming that has no supernatural plugins. But how did this achieve dazzling success in a back test. It's very simple. But let's be fair, it was a clever, albeit simple trick.

As everyone knows programming is a set of text commands.

Among these text commands is a command to determine the time to start or stop trading, and this command is often used to avoid inappropriate times for trading, but the Big Expert programmer exploited it sloppily.

We'll explain how he did this with the evidence.

1- He restricted the trading start time from 01/01/2010 to one currency pair only.

This is just to make it easier for him to filter.

2- He tested the back from 01/01/2010 as specified before in order to get the initial result that was very bad, then he started filtering most of the times that he trades in reverse and kept all positive trades until he got a positive profit rate and gave us a perfect curve. We were simply deceived.

In order not to dwell on too much, I made a very short cut.

The important thing is that someone does not buy a Big Expert until at least 3 months later, until his matter is fully revealed, do not be deceived by discounts, it is just a taste to make money in the shortest time possible because this trick does not last long.

Back test from 01/01/2010 Filtered, rigged deals are common. Here are some examples. Watch the video

https://youtu.be/f1DmcYoVhLY

https://youtu.be/bJ4E2khQFEQ

It is good to see the sellers ambitions to reply to any requests and comments we discuss via the private chat and the comment section of the EA. My first days with the EA were profitable so far. The good thing about the EA is that it does not use any martingale or grid approach and a 1:1 risk to reward ratio. Great work!

Update (27.03.2021): The past two weeks were unprofitable. We still don't know if the EA really works or not. We have concerns about overfitted backtesting results. Please wait with your purchase and observe the comment section of this EA. For now 2 stars due to the engagement of the author. We still miss a live signal of the author.

Update ( 02.04.2021): The last week was really profitable (6 x TP & 1 x SL). Therefore the EA made its way back beyond breakeven. Back to 4 stars! Will continue updating at the end of next week. Furthermore in the community someone established a live signal on myfxbook you can follow. Even if the results do not exactly match with mine, it testifies of the good results in the last week, but does not inclued the mixed performance of the previous weeks: https://www.myfxbook.com/members/WafaAboulwafa/bigexpert-icm/8227559 BTW the difference in the results come from different timeframes and different settings we use.

Update (10.04.2021): BigExpert was very unprofitable this week (3 x TP & 7 x SL). Back to 2 stars. I will give it another week.

1 star for now as the backtest is too good to be true, will update again when it is performing in live account

10/3/2021 - Newer version still the same 1SL

6/4/2021- good performance from latest version 4 star for now

8/4/2021 - 5 tp zero lost using the latest setting upgrade to 5 star

Started live since 1.3.2021. I followed the instruction from seller strictly (change timeframe, and I updated to latest version immediately once it is available). Kindly refer comment section and you will know the changes happened. Until 11.3.2021, result is 4 TP & 5 SL. Many issues raised and changes made to the advisor in short period. In previous overview section (before seller edited it), it was mentioned that this advisor was ran live for 6 months before seller published it for selling. So I wonder all these issue faced by buyers are not detected by seller during that period? weird. Seller is very responsible and quick in updating the advisor. But result speaks itself, so 1 stars for now.

[UPDATE] 2.4.2021:After update from 1.8, my account managed to turn into breakeven, fluctuating with slight profit/loss. Let's see the performance in April. 3 stars for now.

i think this month not good for the expert strategy i will to try in next month maybe i change opinion thank you , good job , and keep going to improve

Great funtionality with good information rate of really ENC brokers.

It's a very good EA to test. It has a high winning percentage of the market and a good calculation algorithm. But the actual situation is not the same as in the test, I will wait and see further development.

Given 3 stars as do not know how good this EA is yet. Will update soon. Second update: M30 trade just now massive loss. I’m starting to think this EA is scam and doesn’t match backtesting.

Will update. ANOTHER LOSS this EA is seeming more like a scam. Changed time to M30 after author told that M15 not working.

Am running on 30M UPDATE and now reduce to 2 stars: Now seeing comments that this sound not be run on M15. Have been running on M15 and seems very poor. Awaiting clarification from author.

UPDATE 2: another trade opened did not get to TP and reverse and hit "Zero Risk" so closed with no profit - Will keep monitoring this is seeming more like scam. It is not matching the backtesting data at all.

UPDATE 3: I am getting more impressed with this EA now the M15 has been resolved. I was running on M30 and appeared good. Will comeback and update soon. Glad Renate fixed issue on M15 as did not look good at start. Bumped to 3 stars. If carries on performing will bump to 5.

UPDATE 4: this week has 4 TP and 3 SL so far on M15 if markets. I am still concerned about the back testing and the “filters” hopefully renate fixes this issue.'

Updates 5: Backtesting now partly matching live trade. Getting better. I will let it run for a bit and if performing well will 100000% give 5 stars.

UPDATE 6: Ran all last week on M15 NO FILTER NO FIFO and the EA essentially had 7TP and 7SL so not great. Performance is questionable. bumping stars down until see improvement. I said at start felt like SCAM and now starting to fell more and more that way. Will update. When you look at backtesting curve is solid and once live totally garbage. I am also running WITH FILTERS on seperatae IC MARKETS accuont and same - great growth then march comes and loss loss loss.

Renate THIS IS AFTER the UPDATE.....I AM USING THE NEW VERSION.

hello dear developers!!!after testing the whole last week on a real PRO.ECN account,on a real ECN account, as well as on a demo account, I came to the conclusion that real transactions fully correspond to the tester, which inspires hope in your development!!!of course each broker has its own liquidity providers and different conditions, including spreads, which significantly affects the indicator indicators,I noticed this on my broker, namely on PRO. ECN, the indicator readings are slightly different than on ECN.I will not name the broker,as this is by no means the words of criticism in his direction.But in any case, the expert Advisor copes with its task and earns money!!!!

The EA is not good in live, and it trades with different direction both live and demo. it will made you loss your money!

It's a very good EA. It has a high percentage of market wins with filters

Support good, live account running. I will update follow week.

Update 02/3/2021: Live account run from 28/2/2021.M15 TF SL 2, TP1; M30 TF SL 2. Just a few day but i will raing 3 star. Will update continue

Update 16.3.21: Not good. SL is so much with TP. Author change update version continues, SCAM, waste money. Dont' buy this EA

Week of March 1st. Total of nine trades.. 1 TP, 8 SL, M15 Not a good start. For some reason tester does not work for the week to compare to live trades. Will see next week if 1.5 does better. For now I would hold off on buying until issues are fixed. Will change rating if expert is profitable and matches backtest.

Update 3-10-21 Holding 1 star for now. I would give it zero stars, but the author seems to working on updates and hopefully will correct the EA. After ten days and three versions of the expert we learn that the wonderful backtests that are shown on the overview page, and the reason I bought this expert, do not represent the expert at all. These backtests and backtest of the downloaded demo show expert without filters, but on live there are filters. Comparing the backtest for the last ten days to live. I either get no trades, trades that are taken the opposite direction, or different times. Why use filters on live? If the live is half as good as the backtest it would be a great expert and I would gladly give it 5 stars.

I think the seller is much responsible for his product. Nice job

M30 and H1 time frame tests are very good, please do not change the trading logic, ignore the criticism that is not objective, God bless you!

Hi, I just bought your Expert, could you please give me some suggestion? thank you~

so bad for live account

I love this expert Adviser. it is powerful and professional. Since I had purchased and used many EA before I met BigExpert, whatever, I feel that I can use this for a lifetime and take a big profit, thanks to the developer.

After backtest with demo i was surprised about the results of BigExpert. It made the decision much easier to purchase the advisor. Now testing live with demo account, first outcome was different from backtest but after contact with developer an update was quickly made. Very fast response from the professional team. The advisor is really easy to use and needs no adjustments. Plug & play, witch is exactly what i was looking for. I have full confidence the advisor will live up to the expectation, but a follow up after the test will follow.

I have purchased this Expert Adviser based on the good result of the back test and great support from the developer. Setting up the expert adviser to my VPS and demo account is very easy. There are no expert properties to setup. My initial test shows to work well with M30 and 1H timeframes. As it is still new, further test is required to validate that results from back test is the same or closely comparable with results of the demo account. The good news is it is creating orders and surely be small draw downs are the EA only create orders one at a time (FIFO). I will give my honest feedback once I have completed the demo account test. I'm giving this review 4 star for now due to superb support from the developer.