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ea automatic, anyone running it live not demo

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backtest
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  • D Offline
    D Offline
    deepnorth
    wrote on last edited by
    #1

    keep seeing ea automatic ads. the backtest looks insane obviously. but does ANYONE have a real live myfxbook running for more than a few months. backtest means nothing to me anymore

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    • D Offline
      D Offline
      dreamchaser
      wrote on last edited by
      #2

      ran it 4 months live on a small acc. first 2 months smooth small gains, then a trending move blew through its grid logic and gave back everything plus more in one week. its a grid/recovery bot under the hood, looks great until it doesnt. classic equity curve that goes up like stairs and down like an elevator

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      • J Offline
        J Offline
        Justin 0
        wrote on last edited by
        #3

        every EA backtest is insane thats the point of a backtest lol

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        • C Offline
          C Offline
          Cody
          wrote on last edited by
          #4

          whats a grid bot, why is that bad

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          • J Offline
            J Offline
            justin_98
            wrote on last edited by
            #5

            grid = it opens more positions as price moves against it, averaging down, so it 'recovers' losers. works in ranges, dies in a strong trend cause it just keeps adding to a loser until margin call. the smooth backtest hides the one trend that wipes it

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            • L Offline
              L Offline
              lowkeysam
              wrote on last edited by
              #6

              lost 600 to a grid ea last year 😩 looked amazing for 6 weeks then gone in 2 days. never touching grid again

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              • N Offline
                N Offline
                northlight
                wrote on last edited by
                #7

                skipping it, thanks for the live info

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