Lion FX EA

[Finished]
Hello

i started a group buy for this EA and i have spots left.

this is one of a few EAs that have a backtests AND forwardtest conclusive.

you can check the FT here :

http://www.myfxbook.com/members/lion...trader/1534832

and here is a BT :

http://www.lionfxtrader.com/StrategyTester.gif



If you're interested, PM me. It cost $32 only (because i bought 5 accounts). You'll have to send me your account number that will be encoded in the EA itself, so each participant gets his own EA for 1 account only. If you want more than 1 let me know. With 1 account you can freely test it in BT or FT.

http://www.lionfxtrader.com

Jeff

It seems to be a simple counter-trend GRID strategy... Unfortunately in long term all grids blow up sooner or later...

In addition, the broker shown on the MyFxBook account is not very famous for being the "most trusted" and "most reputed", so its "verified" results might be handcrafted...

P.S. 1: This guy is using LionFx EA at a more reputable broker, and although it is only about one month old it looks somewhat different: https://www.myfxbook.com/members/sni...perb0t/1597694

P.S. 2: In addition, these are some other backtests on ForexPeaceArmy:

Attached Image (click to enlarge)

thanks for these infos.

i disagree on the "martingales and grid fails eventually" fact. There are many different types of martingales and some are secure, just learn how to use it. Anyway ANY EA can blow account if bad used.

Jeff

I'm sorry but the group buy is finished

you can still buy it for 5 or 3 accounts if you want

Jeff

1. Over the past 7 years I have not seen any Martgingale/Grid (MartiGrid) strategy surviving for more than a year without major DD (>50%+).

2. The eternal possibility of an incoming "death series" makes it unsuitable for large funds (but for "hobby trading", i.e. gambling, it is fine).

So thanks for the additional info, but: No, thanks...