Hi everyone,
Greetings to you all and hope all of you're doing fine and well.
Just to share my personal thoughts on this EA after testing out for quite a number of months:
1. I think this could possibly be considered as a kinda reliable EA in terms of seeing not much difference in performance and profits between using it with both the demo and live accounts. There aren't any big differences in my humble opinion as long as you keep to your strategy that works well for you.
2. Although this EA is not too bad in my personal view. However, please DO NOT expect any huge profits earned from using this EA within a shorter period. As soon as you start aiming for a much bigger profit by trying to make all kinds of funny changes within the parameter settings such as to increase the lot size (and/or multiplier value, etc.) drastically and so on, I think pretty soon you would also notice that the maximum drawdown percentage of your account would also be increased drastically too. In short, the bigger the profits, the bigger the risks. If you can't manage your risks well by trying to reduce it, you can be sure that all your profits would be goon pretty soon. If you really want bigger profits with this EA by trading safely over a longer period of time, I think the only way is to have a bigger account balance. Perhaps allow me to give you a simple example, a 10% monthly profit earned from a $100 account would only be $1. But if you have $1000 or more in your account balance, then your 10% monthly profit would definitely be an attractive one. I hope that helps in your better understanding of how you should treat this EA (or any other EA) with a more reasonably safer approach rather than expecting super high profits by unnecessary increasing your risks which might get your account blown up at any time.
3. Use a CENT account if your account balance is lower than $1000.
Otherwise, I don't think there's any good chance you could survive with this EA. You could even start using this EA even if you have only $10 but you need to use it with a CENT account which then turn your $10 into 1000 cents, and then you can use a lot size of 0.01 for your trading and you'll do just fine. That's just how effective it can be and safer when using a CENT account typically when you only have a small account balance like me and many others.
4. Last but not least, better choose a larger leverage for your trading account if you wish to be safer.
The smaller the leverage size you have, the more likely you would easily run out of leverage and margin when the market is moving strongly against you.
Okay I think that's all I could say about this EA for now. Wish you all the very best in your EA tests and trading journey, take care everyone and God bless