Free EA 2%-4% profit per Day

Yes i received the EA for the other account.What pairs have you tested that work out the best, can you please tell me thanks

Eurusd is the best for profit making but the safest is eurchf

So EUR/USD is safer than EUR,GBP? So is it better to use only 1 currency pair than to use 2 pairs?

Is the EA you provided for demo testing is same as live? If i test the demo and satisfied with results can i go for live? Will the results be same?

Hi would it reduce the draw down if we reduce the Max Trade to 4 or 5
What if we raise pip step to more less what will that do?
What if we reduce the Lot Exponet from 1.6 to 1.2 what will this do?
If I set the total equity to 0.5 will that reduce my total equity and close when my equity reaches 50%?

Im not saying that eu is safer than eg. With one pair on eurchf i thing its more safe but less profit

Yes its same when using live

Hi would it reduce the draw down if we reduce the Max Trade to 4 or 5
What if we raise pip step to more less what will that do?
What if we reduce the Lot Exponet from 1.6 to 1.2 what will this do?
If I set the total equity to 0.5 will that reduce my total equity and close when my equity reaches 50%?

Thank you. So if i open a live account with your referred brokers you provide ex4 or mq4?

With ex4

First it all depends on market movement but reduce that will make less trades. Ih reduceing lot exponent will reduce the size of lot on level 2 till 20. Last i forgot about thatbcoz this ea is made by my friend. I will ask to him later

Once again, it is time for the results of my trades during the past week. But, as always, before you look at the results, keep in mind these facts:

*Different brokers can and do give different results. Don't expect broker "A" and broker "B" to give the exact same results.
*Remember - in regards to my demo accounts - that my Tradersway account is the martingale version with the Lot Exponent setting of 1.68, but my other 2 demo accounts (FX Choice & Tallinex) use the non-martingale version with the Lot Exponent setting of 0.0.
*The martingale version will overall have bigger wins (and bigger losses) than the non-martingale version. It is true that both versions are risky and either account can blow up (just like any trading account has a risk), but I think in comparison of the 2 versions of the EA's, the non-martingale version is more safe than the martingale version. But again, this doesn't mean the non-martingale EA is immune from blowing up. It certainly is possible it could happen on any week.
*I have the non-martingale lot setting fixed at 0.01. The non-martingale obviously makes smaller profits (and smaller losses) due to the fact that my lot setting is 0.01. But you can increase the profits by using a lot setting of 0.1 or higher. For example, if you make an average of $50 each week with a lot setting of 0.01, then you will generally make an average of $500 each week with a lot setting of 0.1 (instead of 0.01). The lot setting is up to you.

Here below are my Bumil EA results for this past week with my 3 demo accounts. I use the pairs of eur/usd & usd/chf with all 3 accounts.

TradersWay - martingale EA - with max 6 trades setting: This past week the EA made 624 trades for a net profit of $267.55. There are 19 trades still in progress due to Friday's market close.

FX Choice - non-martingale EA (Lot Exponent set at 0.0) - with 20 max trades setting and a fixed lot setting of 0.01 for all my trades on this account: This past week the EA made 164 trades for a net profit of $47.95. There are 11 trades still in progress due to Friday's market close.

Tallinex - non-martingale EA (Lot Exponent set at 0.0) - with 20 max trades setting and a fixed lot setting of 0.01 for all my trades on this account: This past week the EA made 143 trades for a net profit of $40.45. There are 8 trades still in progress due to Friday's market close.

Realize that there will always be a certain number of trades still in progress at the end of each trading week. I note those number of "still in progress" trades above, along with my other stats.

Of the 19 trades still in progress in my TradersWay account, 10 of those trades are currently down -$50 or more. 3 of those 10 trades are currently down over -$100, 1 trade currently down over -$200, and 2 trades currently down over -$300. Of these 19 trades still in progress, 14 of them were entered during the previous week... the week of Feb 1 - Feb 5.

Of the 11 trades still in progress in my FX Choice account, all 11 of those trades are currently down -$10 or more. There are 6 trades currently down over -$10 to $-19, and 5 trades currently down over -$40-something.

Of the 8 trades still in progress in my Tallinex account, 7 of those trades are currently down -10 or more. 4 of those 7 trades are currently down between $-10 to $-19, and 3 are currently down over $40-something. Of these 8 trades still in progress, 3 of them were entered during the trading week of Jan. 24 - Jan. 29.

And, as always, we will see next week how the EA handles those trades still in progress. However, realize it is normal for this EA to have at least some trades (maybe even many) still in progress at the end of each trading week.

Quoting tomosie

Disliked

{quote}i make conclusion that the safest pair for this ea ia eurchf coz it stay calm and not make some extreme trend movement. What about your opinion

Ignored

Yes, I agree the eurchf might be the safest pair right now because it has generally been moving sideways for a while now without any extreme movements. But just like any pair it can at anytime breakout and make a big move. However, I do agree with your recommendation for people to use the eurchf for now. But if it has a breakout and begins making extreme movements, then at that point it would be time to try a different pair.

And you are right about the usd pairs being risky right now. The eur/usd & usd/chf are currently making really good profit on my demo accounts, but the problem at the moment is that the trades in progress are currently down a lot of money (but it is demo money and not real money). That doesn't mean those trades can't come back and close with a profit (or a small loss), but we will see what happens.

I think overall the best type of pair to use with this EA is a pair that tends to move sideways. But, as I've talked about in post #169 of this thread, I am testing the usd based pairs for specific reasons.

I'd also like to point out the importance of having a decently well-funded account. My personal opinion is that the regular Bumil martingale EA needs to have at least $3000 in your account - in order to handle drawdowns (by "$3000" I am speaking of U.S. dollars). But if someone has the extra money then it would be even better to have a $4000 or $5000 trading account.

But, in regards to the Bumil non-martingale EA with a fixed Lot Exponent of 0.0, the account size doesn't need to be as much as the regular Bumil EA. My opinion is to have at least $1500 with the Bumil non-martingale EA. But if someone has the extra money then it would be even better to have a $2000 or $2500 trading account.

By the way, I began with $3000 with all 3 of my demo trading accounts. If I had to do it over again, I would use $2000 for my non-martingale demo accounts and not $3000. (But I would still keep my regular EA at $3000). I would just like to keep it realistic as possible to how much I can personally fund these accounts - if I actually began trading real money accounts.

One other thing I'd like to mention: If I don't make any comments during the week how my trades are doing, it is because I don't look at how my trades are performing until the end of the week (after the market closes for the week). Therefore I don't look at my demo accounts at all through the week. I only occasionally look during the week to be sure the EA is still running properly. It isn't until each Friday after the market closes that I see the results for the week.

Thank you very much for all your input and effort that you are putting into this and keeping us updated on how your testing is progressing.I am also going to test some different setting in the next week and hope to put my findings up. Again thank you Ace-1 for your input i look forward to next weeks results.

You're welcomed.

By the way, if you decide to post your results then please don't feel obligated to do it the same way I have done it. For example, please don't feel you have to list all your "trades in progress" just because I have done it (unless you want to). I like to give all the details I can and I sometimes can go overboard with my details. lol. If you want to list your results in the same way I have done it, then that is okay. If you want to just give brief details of your trade results in a completely different manner, then that is certainly okay as well. How much (or how little) you decide to give your details and the manner in which you decide to give them would be perfectly fine. I would be very happy to see anyone give trade results in any way, shape, or form.

Hi ace... Thanks for testing it so we can find the best setup here. I just wanna tell you have to watch first ipen trade on your pair using this ea. Make sure it has set "TP" coz when price go fast and pass the 30 set of tp it will not put any tp. maybe you may close itu manually

A very odd thing happened this past week. For some reason I had no trade results from the EA whatsoever for this past week with my FX Choice account and Tallinex account. What I mean is I had no trades enter and exit during the week. I had 4 trades open on my FX Choice account within 5 minutes when the market opened on Sunday, and 3 trades open on my Tallinex account within 1 minute (of the market open on Sunday), and those trades are still in progress. Ever since then there was not one trade that opened for the rest of the week on either FX Choice or Tallinex! Very, VERY odd! However, in regards to my TradersWay account with the EA, it did makes trades throughout the week. BUT, even with that account it made much less trades then it usually makes. My TradersWay account usually makes 600+ trades per week. This past week it only made 190 trades. That is also very odd.

I have no idea what happened. I checked the EA on all the accounts and it shows the smiley face on all of them. I checked the settings and all the settings are still the same as I've always had them. I just don't know what happened. But anyways, I will go ahead and give you the results of my TradersWay account for this past week - since it is the only one of my accounts that has results.

TradersWay - martingale EA - with max 6 trades setting: This past week the EA made 190 trades for a net profit of $89.13. There are 26 trades still in progress due to Friday's market close.

As I mentioned in the paragraphs above, there were no trade results for my FX Choice account and Tallinex account.

There are 26 trades still in progress in my TradersWay account. 10 of those trades are currently down $50 or more. 6 of those 10 trades are currently down between $54 to $91, and 4 trades are currently down between $116 to $160.

There are 15 trades still in progress in my FX Choice account. 11 of those trades are currently down $10 or more. 2 of those trades currently down between $11 to $13, and 4 are currently down between $22 to $24, and 5 are currently down between $30 to $36.

There are 11 trades still in progress in my Tallinex account. 9 of those trades are currently down $10 or more. 2 of those 9 trades are currently down between $11 to $15, and 4 are currently down between $22 to $24, and 3 are currently down between $30 to $34.


I have decided to stop testing this EA at this time - at least with the usd based pairs. I'd rather focus on regular manual trading than trading with an EA. The pairs I had chose to trade the EA with (the usd based pairs) were not the best pairs to trade this EA with. However, as I wrote about in a previous post, I had chosen to trade with the usd based pairs for my own specific reasons. As Tomosie has said, probably the best pair to use right now with this EA is the eur/chf. I am thinking about going ahead and testing the eur/chf, but if I do then I don't plan to post my results every week. Maybe after a full month of testing I might post the results, but otherwise I won't be doing it every week. However, if I am still having issues with the EA not making trades as was the issue this past week with my trading accounts, then of course I will have to completely end the testing.

But I still do encourage others here to continue testing the EA and to post your results here.

In the past week i also get less trade to... But still positif result. And eurgbp still best for making profit but of courese with bigger risk. We just double the balance to make it safer. But if using eurchf i think we dont have to use 3000 balance . Maybe only 1000

In the past week i also get less trade to... But still positif result. And eurgbp still best for making profit but of courese with bigger risk. We just double the balance to make it safer. But if using eurchf i think we dont have to use 3000 balance . Maybe only 1000

Hi last friday i still got prpfit with this. I got 2%from my balance