MasterMind Expert Advisor for free

[zainstocks]

Hi guys,
Enjoy the MasterMind EA for free. It has been giving good results in backtest. You can test it and post the results.

 

[swingtraderloke]

Thanks for sharing. Do you mind to share also your settings?

 

[betoq82]

im like this EA, wich settings are you using ?
im using on a cent account, but still searching a better set

 

[Miki1994]

what is the minimum deposit we need for this Expert Advisor to work?

 

[nitami]

i hear this is good ea profitable ... there any preset file in there

 

[asepeq41]

nice EA for real account and profitable for me.

 

[angelhope]

doese this ea working on real account?and can we have your settings?

 

[cchong]

nice EA for real account and profitable for me.

Mind to share your settings or set file with us?

 

[cchong]

Hi guys,
Enjoy the MasterMind EA for free. It has been giving good results in backtest. You can test it and post the results.

Thanks for sharing. Any settings or set files that you could share with us please?

 

[cchong]

nice EA for real account and profitable for me.

Nice to hear that. How profitable is it in terms of monthly profit percentage and what would be the maximum drawdown like?

 

[Md Rahman]

Hi guys,
Enjoy the MasterMind EA for free. It has been giving good results in backtest. You can test it and post the results.

Could you pls someone share the setting files

Thanks,
---

 

[Osemax]

What method of trading does it use...if it's hedging or martingale...please kindly inform the house

 

[cchong]

What method of trading does it use...if it's hedging or martingale...please kindly inform the house

I think it uses the Hedging strategy because I have just opened a demo account to start testing this EA and right after I set it up, the EA immediately placed two trades with a BUY and SELL with each trade. That appeared to me that this should be some kind of hedging strategy being used. Apart from that, the parameter settings also has a "Multiplier" option and the default value is 1.5, that also means that it is using martingale strategy too. That's all I could tell at this point. The rest I think I would leave it for others to comment or give us more insights.

 

[cchong]

Dear all,
Updates on demo testing with Mastermind EA:
I think this could be a very risky and dangerous EA typically with the use of Martingale strategy. Here are my settings for your info as follow:
Deposit: $1000
Leverage: 1:1000
Time Frame: M15
Currency pair: GBPUSD
Settings:
Remain as default.
--------------------------------------------
Below are two screenshots for your info on how risky it could be with a huge max. drawdown of 59.70% (You could easily blow up your account at any point if the market continues to move against you). In my humble opinion, I don't think that this a good and safe EA for long term use. I would certainly not recommend it to anyone. That's all I could say about this EA for now and I will stop testing this EA soon and no more. Having said that, if anyone else has a much better and safer setting, kindly feel free to share it with everyone for the best of all. Okay that's all from me. Wish you all the best in your testing. Take care and God bless. Bye.

 

[Hamode]

Can someone reverse the System ( to open buy instead of sell
And to open sell instead of buyy

 

[Michael Kizito]

Hi
This EA is one of the best if you explore the and test the different settings it has

Dear all,
Updates on demo testing with Mastermind EA:
I think this could be a very risky and dangerous EA typically with the use of Martingale strategy. Here are my settings for your info as follow:
Deposit: $1000
Leverage: 1:1000
Time Frame: M15
Currency pair: GBPUSD
Settings:
Remain as default.
--------------------------------------------
Below are two screenshots for your info on how risky it could be with a huge max. drawdown of 59.70% (You could easily blow up your account at any point if the market continues to move against you). In my humble opinion, I don't think that this a good and safe EA for long term use. I would certainly not recommend it to anyone. That's all I could say about this EA for now and I will stop testing this EA soon and no more. Having said that, if anyone else has a much better and safer setting, kindly feel free to share it with everyone for the best of all. Okay that's all from me. Wish you all the best in your testing. Take care and God bless. Bye.
View attachment 17972View attachment 17973

 

[cchong]

Hi
This EA is one of the best if you explore the and test the different settings it has

I see. If so, then would you mind share with all of us what's the best setting that you have tested that yielded great results and yet stayed consistently safe throughout your tests? To be honest with you, many EA could generate huge profits but yet at the same time they could also blow up your accounts in no time. Therefore, unless some solid proof results are shown with settings that have been proven to work well for at least a few months or more, I think I'm gonna say I'm kinda doubtful about this EA. Anyway, feel free to share your settings (that you considered are working well) with us if you wish to.

Last but not least, just like an old saying that: "Action always speak louder than words". Hence, kindly show us proof of how well this EA have worked for you in your experience and your tests. Thanks.