Make Money EA makes 143 Percent on client traded Forex accounts
For the last 3 month’s the Make Money EA was left to trade client accounts on our VPS without being touched. A true set and forget EA setup. It generated over 2000 pips. We used the exact setting published at that date all the time. Only the GBPJPY was traded using the 5 min timeframe
If you had invested on the 1 November when we changed the settings to the new lower risk setting you would be 143 percent richer.
Below are the settings used top produce these results. These apply to the GBPJPY for the 5 min charts
Please use this link for more information about the MakeMoney EA.
History behind these results
In 2016 the MakeMoney EA was launched. It had really good results but these results required up to 70 open trades at any one time. This increased risk tremendously. A club was formed and client could join their accounts to be traded by the EA on this aggressive basis. Unfortunately the aggressive trading approach was not appropriate to the market conditions at the time. 70% of capital was lost and the club was disbanded.
At the time more research showed that the EA could produce the same results on a much lower risk with a maximum of only 2 open trades on 5 min charts.. This new approach was used on the remaining capital left in the pool of grouped Forex trading accounts. It was on this capital that the 143% return was generated.
It is unlikely that the club will be restarted and that new investors will be allowed to participate in this trading as Expert4x no longer wants to create this type of facility for its clients. You are however free to apply these setting to your own trading using the Make Money EA which is very robust when using the low risk settings on a 5 minute chart.
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2 Comments
Tony
March 30, 2017Hi Alex
with the settings above what account size is recommended? 10k or 1k with those settings ?
Tony
Alex du Plooy
March 31, 2017Always test using the smallest possible setting (0.01) on a demo account using $10 000. Then use your personal experience after a month or so to determine the possible funding required.
No body will tell you what account size to use. If you use their answer and you blow your account you will blame them – develop a personal scientific way of calculating your own account size estimates. Happy to comment of you calculations.
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