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New EA TSR 5.0 2018, DASHBOT AND OTHER EAs

3.30 star(s) 15 Votes
People are always blaming an EA when martingale. I'm using TSR on a real account and it gives profit. If you're not greedy and are using the right settings, then why should it blow your account? Many people don't know or understand the working of an EA. They use it in the hope to make easy profit instead of learning how forex is working. An EA is doing what the developer coded, using 1 or more strategies which have been coded in the EA. So basically you can't never blame an EA for making losses but only the developer and in many cases also the user due the lack of knowledge and letting run the EA without supervision of the user himself.
At this moment, after 1 month using TSR, it brought me already profit. Sure, it's not big but it keeps adding. So before saying that a martingale EA or grid EA is bad, test it out first by yourself. Do enough BT and FT with different settings to see the potential of the EA.
Cheers

yes, i totally agree with you
the important thing about martingale or grid EA is actually risk management
many people want to make quick profit so will set the initial lot size very large and the martingale will quickly go to very big lot size if there is a medium strength trend and blow up the account. so i prefer to start with small lot size if use martingale EA
 
Hi,
Can anyone recommend an EA that is already successfully running 24/5 on a live account? If so, please share the details thereof.
Thank you.
 
Bro, Be seriously careful. As a general rule, most are absolutely useless and going to cost you money. They are a waste of time.

Herewith the list of EA's that I have tested and that have not performed well:

  1. 2000pipsDaily
  2. Cash Generator
  3. HamsterLite
  4. TSR5 / TSR2018
  5. MnS00
  6. BF Smart Scalper
  7. YPY EA Imperium PRO
  8. Asian Scalper
  9. Vino Free
  10. PinPointReversal
  11. PTS_V_Power
  12. Grid Primordial
  13. DSProFX Scalp
  14. Piphiker – don’t touch this EA. Absolute rubbish and the support is even worse.
  15. WSAID
  16. ZigZag
  17. XxXBetaGenie
  18. TSR Version 2.9
  19. Lin Scalper
  20. Life Changer EA
  21. Dragon v4.1
  22. Trio_Orchestra
  23. AlgoTradeScalper
  24. IFX EA
  25. Forex_ANTIROBOT
  26. Bouncy Cat
  27. Smart Robot
  28. Final Profits
  29. Asian Asset
  30. Rock Star
  31. Stepping Stone. If you use this EA, great for a ranging market of than 100 PIPS. If a strong trending market use with extreme care and select very conservative settings.
  32. Cyberia Trader
  33. TheMasterMind
  34. The EA (also known as Overrich88)
 

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