Dear LGG,
Thanks a lot for sharing this great ea.
I would like to ask you following things, and hope you can reply me:
1. Can this ea work on live account ?
Definitely, this EA will work both in DEMO account and LIVE account.
2. Does this ea has any expiration date of using?
You can use it as long as you like. If you see any problem, you can PM me.
3. How long have you been using this ea on forward-testing on demo or live account?
I have been using it for more than 4 months now but on demo only, actually this is the new version from previous version.
If you want to see the performance of old version, please login below:
Login : 66757240
Investor : z7ngcvi
Server: Instaforex Contest
I have used some similar eas in the past, but they had very high max drawdown, especially very high relative drawdown. I just checked and see that up to this moment / today, your ea made 36% profit, while max drawdown is really very low at 4% only. This is great, especially you are using it on small account of 1k usd only.
4. What is the minimum amount that you recommend to use with this ea?
Minimum amount is usd100, lot size starting at 1 cent.
5. Do you think you still need to improve this ea much better and more profitable in next month? And how long will the Contest ends at INSTAFOREX?
I have already improved it and the profit is quite high. It can make usd21K profit from usd1K within 36 months in back test but drawdown also high. I decide to use this current version since it has lower draw down with reasonable profit.
I am not sure about the contest expiration date, but as long as your demo account is active, instaforex will not close your demo account
Waiting for your reply and explanations soon.
Thanks a lot
James