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Authentic fx trading EA

  • #1
  • First Post: Edited Nov 25, 2017 1:45pm Nov 24, 2017 2:19pm | Edited Nov 25, 2017 1:45pm
MFM7 auto forex trading expert advisor EA robot. The reason you don't see this forex trading EA all over the internet covered in tinsel is because it really is the real thing ! A genuine, consistently profitable auto forex trading expert advisor robot. It manages everything about the trades it opens letting winners run on & cutting losers at best levels. There is no B.S about this EA or the maker of it who has kept rather low key about it ! I personally love it & it's now in it's 7th generation phase so it has been highly developed & enhanced. And for sale at very cheap price at moment ! Please check for yourself below...I'm happy to help promote this EA ! Check out more at the MFM7 site -
https://tinyurl.com/ycf4n2sj

telegram channel link for future discussion - https://t.me/mymfm7EA

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  • #2
  • Nov 25, 2017 11:18am Nov 25, 2017 11:18am
How can test this ea on demo ?
  • #3
  • Nov 25, 2017 11:34am Nov 25, 2017 11:34am
Hi, ashwani, you can set the EA up on a demo account the same s on a live account. I've just been checking backtesing with the eur/chf pair with a $200 acoount & here are the results...no BS, i'm amazed

That backtest was from the 1st july 2017 - 24th november 2017 ! with $200 account start & 0.5 standard lot size trades.. The maximum relative drawdown was - 32% just $88.33 in that time period of trading !
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  • #4
  • Nov 25, 2017 12:06pm Nov 25, 2017 12:06pm
Another backtest with same pair starting with $200 from 1st january 2017 - 24th november 2017, the results are ridiculous !!!

Remember this was starting with $200 & trading 0.5 standard lots per trade (half standard lot)
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  • #5
  • Edited 1:53pm Nov 25, 2017 12:11pm | Edited 1:53pm
The recommended pairs are listed below starting with the best. You do not need to trade all pairs
EURCHF GBPCAD GBPCHF CADCHF GBPAUD USDCHF GBPUSD EURCAD USDCAD EURAUD AUDCAD GBPJPY CADJPY EURGBP CHFJPY USDJPY EURJPY AUDJPY AUDCHF AUDNZD EURUSD GBPNZD EURNZD


Another backtest completed with cad/chf pair, same time frame & lot amount !
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  • #6
  • Nov 25, 2017 12:11pm Nov 25, 2017 12:11pm
can you give a try version for this ea before i purchase.
  • #7
  • Nov 25, 2017 1:38pm Nov 25, 2017 1:38pm
ashwani i'd love to but i can only sell it with no trial. I have complete faith in it, i've been trading for about 8 years & have gone through many FX trading EA's including the original fap turbo EA which i used to sell on ebay successfully, but This EA is by far the best i have ever seen & for the price - $99 is unbelievable, i don't think the creator of the EA is a good marketer but good at creating the EA programs, that's why it is so cheap for the quality
  • #8
  • Nov 25, 2017 4:19pm Nov 25, 2017 4:19pm
I bought the mfm5 a few years ago with the intention of trading it on a separate live account & leaving it on the side with vps as i am primarily a manual trader. I was recently digging through my old ea's & found the mfm5 which i wanted to try on a demo again as it worked well a few years ago. but found it wouldn't work on my mt4 chart any more. And a few days ago i found that the creator had upgraded it to mfm7 so i upgraded & have been doing backtests with it for few days & have come to conclusion it is a really good EA. I am planning on trading it on a live account as soon as i can and i will provide live results. I think it is worth promoting & selling & i'm not trying to hide that & am happy doing so. Is there anything wrong with that ?
  • #9
  • Nov 25, 2017 4:22pm Nov 25, 2017 4:22pm
I will be posting live results in the telegram channel link above !
  • #10
  • Nov 25, 2017 5:07pm Nov 25, 2017 5:07pm
Quoting srt
{quote} No, nothing wrong with selling it but: 1-Sell in the commercial section per FF rules. 2-Test it yourself on a live account first. We all know backtest results are pretty "sketchy" at best :-)
''pretty sketchy'' ? mt4 backtest results data is 0 nada.only real market condition data performance can show what a software can do for real.even results from demo and real account are many many times very different depending on what software you use.so when someone come up with some stuff showing mt4 backtest results RUN!
Take what you can, give nothing back
  • #11
  • Nov 25, 2017 6:32pm Nov 25, 2017 6:32pm
Quoting Husky77
{quote} ''pretty sketchy'' ? mt4 backtest results data is 0 nada.only real market condition data performance can show what a software can do for real.even results from demo and real account are many many times very different depending on what software you use.so when someone come up with some stuff showing mt4 backtest results RUN!
I can't see how 1 year of backtesting right up to last friday based on every tick & the 1 minute chart can be very inaccurate but yes as the old saying goes - "past performance is not always indicative of future results". Then again no live performance results can really be indicative of future results because any traders clever little stop loss may not even be triggered because of the speed of a large, sudden unexpected move in any direction due to news, rumour, fat finger, whatever. Fx trading will always be uncertain but you can be very sure ! And of course much of the past year of historical data will be different from how the future next year goes. And the only way a demo accounts results can be different from a live accounts is if your broker screws around with the price, execution time etc, the market is exactly the same with demo & live price action. With a good broker there is no problem with that. Now i might lie to try & sell a crap EA, who can you trust ? I will be posting live results when i have the EA set up on a live account. I traded the MFM5 earlier version EA about 2 years ago on a live account for a while & it worked very well, i just preferred manual trading so didn't continue with it but i'm ready to set this EA up & leave it running.
  • #12
  • Nov 26, 2017 4:27am Nov 26, 2017 4:27am
Quoting yique
{quote} I can't see how 1 year of backtesting right up to last friday based on every tick & the 1 minute chart can be very inaccurate but yes as the old saying goes - "past performance is not always indicative of future results"...
you clearly seems dont know mt4 inside big bugs and when i tell you the backtester means nothing when to compare with real market results you can belive me but thats not mandatory also if youre set to rely just on backtests,with time you will fail to prove something.
the only good thing you can do yes is to setup one account even if is demo and connect it with explorer or myfxbook and let past details performance open for everyone to see them.you can hide your actual open orders in case you think some may copy that.real time market condition only can show the real performance of any software.
when i analize some past trades data i dont care about where trader decided to exit cos thats at everyone personal MM way.i am looking at where the software can find the good entries price levels and how much is the zone when one exit can be put.if you have a good entries then to exit will not be so hard if you dont dream to get rich over night and just plan well on decent and consistent profit.
Take what you can, give nothing back
  • #13
  • Last Post: Nov 26, 2017 4:57am Nov 26, 2017 4:57am
Quoting Husky77
{quote} you clearly seems dont know mt4 inside big bugs and when i tell you the backtester means nothing when to compare with real market results you can belive me but thats not mandatory also if youre set to rely just on backtests,with time you will fail to prove something. the only good thing you can do yes is to setup one account even if is demo and connect it with explorer or myfxbook and let past details performance open for everyone to see them.you can hide your actual open orders in case you think some may copy that.real time market condition...
Yes i agree with that, good entries are the main part of the trade & as long as you get out of the trade in some profit consistently then you will be on a good track. A big problem with trading is not actually closing trades when they are in profit & it then goes into loss & you then hold the trade wanting it to go back in profit but it doesn't happen - very frustrating ! And can lead to big losses. That actually happens when you become a good trader with entries & greed becomes part of it ! I will set the EA up on live account & connect with myfxbook & post the results. I'm very confident of this EA, lets see how it goes !
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