Hi everyone,
I have installed this EA yesterday (11 OCT 2022) on two demo accounts. So far until today still no trades placed yet. Will wait and see what happen next in the following few days.
Below are my settings used for your info. Feel free to comment and see if there are any changes needed for better results and/or safety. Thanks.
Account Type: Demo Cent account
Broker: FBS
Initial deposit: $1 (Account balance is shown as $100 in cent account).
Leverage: 1:1000.
Currency Pair: EURUSD.
Time Frame: H1.
EA version: I downloaded it directly from the official EA website with the "COS" & "Lot2X" features added in.
For your info, this is not an indicator but an EA (Expert Advisor). An EA will place trades for you automatically whereas an indicator only give signals but unable to place trades for you.
Yup, agreed on forward testing. I have seen EAs that have shown awesome backtesting results and yet when put on demo or live accounts, they perform quite badly instead.
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