EA's that have not performed

[Matt]

Hi Ratel,
Some have crashed account - like PipHiker (live account - will not touch this EA), 2000pipsDaily (live accountS), Cash Generator (live account - was probably due to JPY debacle of 3 January '19), TSR5 / TSR2018 (demo), MnS00 (live), WSAID (demo), XxXBetaGenie (demo), TSR Version 2.9 (demo) and Lin Scalper (demo). They all crashed accounts.

Grid - was impatient

Thank you for sharing your experiences!
I vouch that most (95%) of all EAs FAIL!
Very difficult to find a reliable EA that can be truly "Set-and-Forget".

 

[ExplororZ]

Thank you for your share

 

[ziyaul haq]

also i have tried your listed ea not good all ea

 

[StephenGray]

also i have tried your listed ea not good all ea

Hi, To which EA are referring? Please advise. Thank you

 

[apkwire]

Nice thank you for this thread

 

[Ardi punia asa]

thank you for ur sharing
thumps up

 

[Tiawoola]

Waoh!
I learnt something about uploaded EA today!
Some are crack but don't last longer than a month.

 

[Nephin]

I was very suprised to see Piphiker here, because it was the EA a robot store recommended me personally. I'm runnikg it 2 weeks and I'm not very satisfied. It does give you profits, but the drawdown is sometimes overwhelming.

 

[JakubSobiecki]

which ea do you use and it's working guys ?

 

[StephenGray]

Hi,

Can now add Life Changer EA to the list of under-performing EA's. Lost two thirds of balance (live account). Currently in massive drawdown (EURGBP). Once get out, will stop using this EA - unless can get an improved version and/or settings.

Trirchestra, also available from this website blew demo account. Am busying re-running on demo, just without Gold. Current performance - TBA.

In terms of Piphiker - in 2018 cost me USD3k. An absolute disaster of note and the sellers provide no support. Will never again touch that EA and at this stage, also not the sellers. Have no trust nor faith in them nor there products. Asked them to return my investment (they could trade using their monies and their EA's - 'put your money with your mouth') - no support. Even offered they I trade for them using one of other EA's - again, no support.

EA's that are currently successful:
Defender (standard account) - using an affiliate link
Spizer v6.3 (cent account) - also using an affiliate link
Stepping Stone (both standard and cent accounts) - free from Facebook
PIP Killer (cent account)

On demo am running the following EA's (all cent accounts):
PIP Killer - just more aggressive lot size
BF Scalper
BF Grid
Trirchestra
ThunderBird V8
Dragon

 

[StephenGray]

If interested, see fxblue / myfxbook links to EA's that am running on live accounts:

Live accounts:

Broker: Equiti
Note – using EA coders’ MT4 affiliate link
Have withdrawn USD930 & USD250
Defender EA
https://www.fxblue.com/users/equitidefender
https://www.myfxbook.com/members/bestrobotsforex/defender/2670708
(Investment: USD1k. Currency pair: EURUSD. Time Frame: M1. Lot size: 0.01. Leverage 1:500)
Referral link: https://www.equiti.com/?link_id=0034795&referral_id=0034795

Broker: Tradersway
twstepstonepoolSM1
https://www.fxblue.com/users/twstepstonepoolsm1
(Currency pair: EURUSD. Time Frame: M5. Starting Lot size: 0.1 (see calculation file for details). Leverage 1:500)

Broker: FBS
HamsterLitePoolsm1 – Cent account (divide values by 100)
https://www.fxblue.com/users/hamsterlitepoolsm1
(Currency pair: EURUSD. Time Frame: M5. Starting Lot size: 1.23 (see calculation file for details). Starting leverage 1:1000)
Note:
Account was going “pear-shape”. After gaining 55%, eventually lost 6% of original balance.
Changed to Stepping Stone EA on 20190110
Changed to ‘new’ Life Changer on 20190114. Sadly, has gone badly pear-shape!

FBSstepstonepoolSM2 – Cent account (divide values by 100)
https://www.fxblue.com/users/fbsstepstonepoolsm2

(Currency pair: EURUSD. Time Frame: M5. Starting Lot size: 2.0 (see calculation file for details). Leverage 1:1000)



FBS_Spizer – Cent account (divide values by 100)

https://www.fxblue.com/users/fbs_spizer

(Currency pair: AUDCHF, GBPAUD, USDJPY. Time Frame: H1. Starting Lot size: 0.1 / based on equity. Leverage 1:500)



Broker: PAXForex

PAX_PIP_Killer – Cent account (divide values by 100)

https://www.fxblue.com/users/pax_pip_killer

(Currency pair: EURUSD. Time Frame: M15. Starting Lot size: 0.5. Leverage 1:500)

 

[StephenGray]

Sadly, Hamster Lite EA proved to be worthless after a number of weeks.

 

[StephenGray]

OK. Kewl. Do you have a link to fxblue and/or myfxbook? If so, please share.
Sadly, this EA blew a number of accounts

 

[Steve Smith]

OK. Kewl. Do you have a link to fxblue and/or myfxbook? If so, please share.
Sadly, this EA blew a number of accounts

Hi Stephen, were you using unlimited version of Life Changer EA? Also what settings were you using please. Thank you

 

[StephenGray]

Yes. Was using the unlimited version. Using a set file. See attached.

 

[StephenGray]

Herewith another file that was part of the download.

 

[csa1234]

AFS Scalping unlimited gives me 20% monthly with low drawdown of 10% top.

 

[csa1234]

AFS Scalping unlimited
The IceFXnews doesnt workanymore but the build in newsfilter on the EA does

 

[csa1234]

AFS Scalping recommendations:

min balance: $300
min leverage: 500:1 (i did use 100:1 on $150 works fine too, just the drawdown will be a little more for the lag of leverage like 20% peak)
disable the EA 2 hours before high impact news.
disable the EA 1 hour on London preopen, and enable 1 hour after opening
disable EA by friday before NY session end, noon better. If you dont have any position open or close your last position on thusday night before London and disable EA
Trading lot: 0.01 ONLY
Pair: ONLY EURUSD (dont use 2 or 3 pais, just 1)
Timeframe: 1H (not less)

 

[StephenGray]

Hi,
Great - thank you. Will test.
Are you running "AFS Scalping unlimited" on a live account? If so, can you share a link to fxblue / myfxbook?
Regards, Stephen