One of my friend told me about "Gainscope EA" and I test it for a while. Here is what I found :
* Gainscope EA is a free EA for Gainscpope client only.
* Gainscope EA is a semi automatic EA.
* Gainscope EA is martingale family EA.
I test it using default setting and is rather alike with Fxtradepro EA but Gainscope EA has many others usefull setting that can make u confuse in the 1st time use it.
In the manual, recommended balance is $2000-$20000 for 0,1 lot ($1/pip)
So it's equal to $200-$2000 for 0.01 lot ($0.1/pip)
For IBFX mini account is $20 -$200 for 0.01 lot ($0.01/pip)
I test it using Insta Forex which is have 1:500 leverage and the lost size same as IBFX mini account using $100 deposit.
After test it for a while I found that Gainscope EA is good for trending market and trending pair. Gainscope recommend to use it on GBP/USD and combine it with Gainscope daily Signal. I test it without using signal provided by Gainscope and the result is good until I decided to use it on USD/JPY pair.
So if u want to use Gainscope EA, make sure use it on trending pair and trending market. Here is my forward test graphics since 25 August 2008.
You can download detailed statement dated 15 September 2008
Monday, September 15, 2008
Gainscope EA
Labels: Gainscope EA
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1 comments:
I use Gainscope EA since May 2008 with my real account in gainscope partner at duofx.com .
I got a very good results with this EA which I can earn about 20-30% profit every month (I trade in GBP/USD and sometimes in EUR/USD)
But if you trade in USD/JPY of course you will sustain a loss, because in the Gainscope guidance book it is not recommended to use USD/JPY
I think Gainscope EA is a very good EA that we can use, and also they offer their demo for free for us to try without limitation.
in my opinion: I give this Gainscope EA = 4 stars
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