Shark Fx

After 100 completed trades, I can say that I recommend this EA. The Shark trades consistently and profitably.

Nice and steady trading from this EA. Opens when it needs to and usually ends in profits :) I have set this on all the pairs reccomended and the account is growing nicely. It's now my 4th product from Ihor and yet again this just works. Thanks for the nice work Ihor.

Tony Robbins, who rose from being kicked out of his home at 17 and sleeping in his car as a janitor, has become a global guru who has mentored US presidents and manages a $12 billion business empire.

In an in-depth interview,

Tony Robbins: No One Is Ready For What's Coming ,

He personally revealed the fundamental secrets of "investment and financial management."

A. Prioritize avoiding losses. Only consider avoiding losses and bankruptcy before focusing on profits.

B. Asymmetric Risk-Reward: The goal is to generate a return of more than $1 for every $1 invested, and the higher the percentage, the better. The more often this happens, the better.

A higher win rate is also better.

At least 1:1, a sufficiently high but not excessively high win rate, and enough frequency to ensure stable profit growth.

C. Achieve true portfolio diversification by investing in truly unrelated products or profit-making methods.

Let's examine this EA's current performance:

1. Win rate around 75%,

2. Cost to profit ratio 1:1,

3. Maximum profit to maximum loss approximately 1:1 (only looking at forex profit and loss)

4. Recovery Factor: The higher the score,

it represents how much net profit can be recovered and accumulated after experiencing the maximum drawdown.

Simply put, it answers: How many times the return can the strategy earn after each deepest loss?

Currently, it seems that the accumulated profit is more than 5 times that of the maximum drawdown!

5. Trading strategy safety: This is not a grid strategy that intentionally sets a cost to profit ratio of 1:1 for each closing position to mislead people into thinking it's a safe strategy, and then quickly deposits funds to artificially reduce the floating loss (MAXDD percentage) when encountering high floating losses.

This strategy is a simple oscillating mean reversion strategy, oscillating back to the mean and then profiting at a 1:1 ratio. The advantageous time is about 70-80%, profiting from the oscillation of the mean reversion. The disadvantageous time is about 20-30%, encountering unidirectional trending markets. The essence of forex trading is international trade exchange, so it tends to oscillate between different regions.

(After all, central banks around the world also want exchange rates to be stable to benefit international trade.)

Therefore, oscillating strategies will remain stable in the long run. As long as the win rate and cost-profit ratio are reasonable,

it should be a viable trading model in the long term.

This is currently an excellent and stable oscillating mean-reversion strategy.

Future aspirations: If in the future there is an Expert Advisor (EA) with a win rate of around 70%, also using a forex mean-reversion strategy, with a risk-reward ratio of 1 unit cost to 2 units of profit,

that would be fantastic.

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Many people, when searching for a trading strategy that exchanges 1 cost for 2 profit,

they forget that,

in fact, a 75% win rate strategy that exchanges 1 cost for 1 profit is also very good.

Moreover, the performance curve of the 75% win rate, 1 cost for 1 profit strategy

is even smoother than that of a 1 cost for 2 profit strategy with only a 50% win rate.

Win rate 75%

Cost-to-profit ratio: 1 cost : 1 profit

Assume 100 trades:

Expectation formula =

75 × 1 = 75

25 × 1 = 25

75 − 25 = 50 → Expectation value = 50

Win rate 50%

Cost-to-profit ratio: 1 cost : 2 profit

Assume 100 trades:

Expectation formula =

50 × 2 = 100

50 × 1 = 50

100 − 50 = 50 → Expectation value = 50

Two different strategies with different win rates both yield an expectation score of 50, meaning both have positive expected value and profit potential.

Although both strategies have the same expectation score of 50, the 75% win rate strategy with a 1:1 cost-to-profit ratio will produce a profit performance curve that is smoother and more stable compared to the 50% win rate strategy with a 1:2 cost-to-profit ratio.

I’ve been testing this Expert Advisor, and so far, I am very impressed. One of its standout features is that it only opens one position per currency pair, which helps me keep my trading strategy clear and organized. What I particularly like is that the EA uses no Martingale, no Grid-Trading, and no doubling to compensate for losses. This means it operates without risky leverage strategies, which significantly reduces trading risks and makes for a more relaxed trading experience. The Expert Advisor has been running smoothly so far with no issues. The settings are straightforward and easy to handle. While I’m still in the testing phase, if it continues to perform reliably, it could become a permanent part of my trading strategy.

I have always been a huge fan of Ihors EAs, they are safe and more mid term to swing style strategies, no aggressive or dangerous strats like grid or martingale or bots that use massive leverage to extract a few pips profit with huge stop loss or rely on super low spread brokers to work. I have alot of his EAs and they are the staple in my portfolio, true diversification and month after month that have always made me profit, some I have used over six months and I continue to use. This EA has a 1:1 RR and just works! it doesn't trade 5 times a day which I like, I have been using EAs for 23 years now and I have tried and used most of the EAs out there, believe me these are amongst the best. No you wont make 20% a month but this is not true trading, anyway I can't recommend enough this EA.

The risk to reward ratio is good, the live performance stats match the back-tests, and its extremely diversified - frankly, its awesome!

I bought this new EA and will share my results after a couple of months. Just to add, I’ve been using some of Ihor’s EAs on one of my accounts since May last year. The account has been growing while keeping the drawdown controlled. Of course, there were some difficult months, but overall the performance has been stable and I decided to continue running them. Anyone can check the results of CFX Steady Growth on the MQL5 signals page, where I’m running some of Ihor’s EAs on that account. Looking forward to updates for the older EAs as well, especially Swing Master, which is one of my favorite swing EAs. Hopefully we’ll see an update in the coming days