Showing posts with label ProAdvisor 5 EA. Show all posts
Showing posts with label ProAdvisor 5 EA. Show all posts

Saturday, July 12, 2008

ProAdvisor 5 EA

I found another promising hedging EA in ebay. It's called ProAdvisor 5 EA. The creator's name is Igor S, I don't know if he the Igor who is respected and senior member in Forex Tsd Forum.

This is the 3th Hedging EA I've tested after TradeGoose EA and Trio Hedge EA. But the demo version is only for one week, same as Trio Hedge EA. So still don't know the result in long term.

What I found about PA5 EA is.
* Use 5 pair to hedge EUR/USD, USD/JPY, EUR/JPY, AUD/USD and NZD/USD.
* Have positive swap when all pair is open.
* Use some kind of 3 level average method.
* Can set the setting from conservative to aggressive.

I make a forward test with conservative setting using Lite Forex broker and get profit $22.01 with floating loss is $3.77. So return for this week is about 2%.
But it said in ebay site give profit +1390% in Igor live account for less than 2 months May-June 2008. It is using aggressive setting but I don't know the Drawdawn.

This is my forward test statement graphic using ProAdvisor 5 EA.


You can download detailed statement dated 12 July 2008

Anybody heard PA5 EA before and have experience with it?

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