Trillionaire EA

No but i will try on the next high impact news (NFP).
In this "short period" the EA may be profitable, but you have to close the positions manually. The EA won´t do it.

Use the default settings the stop loss should work

Yes the stop loss works, but not the take profit!
At least not in the EA I have

It closes out the trades using a global trailing stop from what i see

Just used it on the NFP .... complete piece of junk this EA is.... 100% pure scam , do not buy anything from that website www.trillionaireea.com , it's just one guy pretending to be a team of traders .....he scams a few hundred dollars off a few people at first then he moves on and opens different websites .... his other website is www.marketdominatorea.com.... it's now been taken offline....

Hi Suetombo,

I tried mine too, with the last "top optimised settings" this Simon sent me (see picture).
I had 82 EUR left on the account, pair: EURUSD, M1. On the first swing up it lost a bit, on the second swing down it made 2 EUR profit.
As soon as the price moved slower, it didn´t trade anymore.
At least the trailing stop works.

Next month i will try with more risk.

Hi Suetombo,

Given the bad real life results for many of you, just let me throw in a couple of diligent tests based on tick data using Birt's Tick Data Suite (TDS, which is currently in v2 beta development = many options for great backtesting). I tend to look at backtesting this way: I know any backtest will warp results, and can be pretty far off from real trading. So even before starting to think about trading an EA live, I will kick its ass by many tick data tests, using TDS. If (and only if!) it then holds up, I might be inclined to give it a go on a real account, using very small lots (0.01) to see how it performs. Forget demo "real" test - it sucks. Totally. Don't bother, it will not show real life performance either (e.g. no slippage).

So, in order to get "some" idea on this backtest, I let it run on "no slippage to start with, then with a very modest slippage (TDS generates these for me, see below), and finally I run it on larger slippage settings, to see whether the EA would also hold up in such conditions.

Here's my take on the TrllioF*ckdEA, i.e. using a 25K account, standard EA settings (if I'm correct - the manual does not even match the EA_settings screen - I'd say: that is bad omen no. 1 ... run from it !! ;o) I ran this test on Nov 1st 2016 - Dec 31st 2016, for matter of speed and... these months have a lot in them: huge spikes, trending November, pretty flat December.

First run, no slippage : as expected it shows a decent curve : screenshot 1

Then, when using fairly low slippage (1 pip = 10 points positive, 3pips = 30 point negative), performance starts to deteriorate: screenshot 2 (please note: the settings for slippage in TDS are stated in points, not in pips).

Finally, when using higher slippage (10 pips negative = 100 points, which could even be on the conservative side for a news event trading EA, like this EA) ... well... then things really break down totally: screenshot 3.


So in all, when taking into account slippage, the wheat is separated from the chaff without even having to real time drive this thing. I'm running far from it :o) and I'm not even going to try it real life.

Hope this helps, nonetheless.
Take care out there,
JL

Thanks for submitting these tests that confirm that this EA does not work ... it's fair to say we can move on from this scam and focus our efforts on real trading All the best for 2017 let's make some serious money, forget and stay clear from these youtube EA scams

SirJohn,
In one succinct post you have taught me more about backtesting than I have learnt in the past 2 years. Brilliant piece and many thanks.

reason broker did not interfere is so simple he was making money on the ea and nearly all ea,s so why should they do anything . i am sorry for people who lost money but when you do it to your self and pay for the privilege what can i say , if you show me a ea that makes 80% winning trades i will show you a broker who will do a upgrade on mt4 to stop it , its only time

found this from your scammer