Euraura EA

Please be a decent developer....where are all those previous EAs??? No need fancy cover, and beautiful back testing report.....just an EA could be worked on real world.

Phiên bản mới thật tệ khi chạy thử nghiệm, mong tác giả đưa bot về trở lại phiên bản 28.4

Michael is a great person and makes great EAs! nothing else to add.

Sorry to say, but this is another EA from this author that turns out to be totally useless. This again looks GREAT in backtest (so obviously it's perfectly curve-fitted), but a forward test of more than 4 weeks showed that there are way more losers than winners. I made the mistake to buy the "Prop Farmers EA", same there, perfect results in backtest, but after the latest update even more losers. What me really makes a bit angry: instead of improving the existing EA for previous buyers, this seller releases a new EA called "Prop Famers FXS", which supposedly is an ever "better version" of the original one... What also should make you suspicious: there is not a single signal with ANY of the EAs Michael offers - if you have a bit of experience you probably know why... My conclusion: the only one currently making profit with these EAs is the seller; my advice: DON'T buy any EA just because the backtest looks fabulous, do your forward testing, and decide later... Patience is key, but I know it's sometimes hard to have it...

I have backtested Euraura, set it loose on my Dem and sovar it is Trading in the Green. I have accumalted a number of EA's that are developed by Micheal. Any problems are always promptly addressed by Micheal

Thanks for the free EA, appreciated. Very very interesting. Pity about pre-2023 backtests, although admittedly 2020-2022 was a crazy time. This EA seems to prefer more routine/orthodox EURUSD movements- hopfefully we'll see more of this as Covid drifts further away in our rear-view mirrors. With regular updates to accommodate market changes, this could be winner. Will continue to backtest/demo and update accordingly.

Edit- Looks to be going thru a rough patch since last November- hopefully temporary!. Would be great to have more settings/control over entries and closing trades.

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In the last 5 years I have tried dozens of EAs, both free and paid, I spent days and weeks optimizing them and then I was always disappointed by the results they obtained. Then I started testing Michael's free EAs and couldn't believe what I was seeing. I then loaded Euraura into one of my VPS and was able to verify that the backtests corresponded to real performance. Now I'm working with 4 of Michael's EAs and in the last two weeks none of them have betrayed my expectations: they are all in profit. Congratulations to the author of these little pearls. Try the free ones and then you will buy others, exactly like I did

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As I said before, if I notice changes, then I will modify my assessment:

I recommend avoiding all EAs from this developer, as they are a genuine scammer.

Purchasing EAs from this account will not yield you anywhere near the income you achieve from conducting backtests.

edited:

I dare to rate this clearly as worthy of 5 stars even after a short period of use, as I use other EAs from Michael and the results have not yet disappointed me.

I will definitely change my rating if I notice unpleasant changes in the reliability of the EA and I dare to recommend it to other traders as well.