BandwagonEA The advisor is installed on one chart and trades various currency pairs from it, in the settings you can choose how many pairs will work, bot also has good capital management, you can choose your risk appetite in the EA settings and the maximum preferred DD, advisor will calculate the lot size and will automatically manage your account.
Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/2272
Developer price | |
Terminal | MT4 |
Currency pair | Any |
Timeframe | H1 |
Money management | At least 100 currency units for each pair |
Recommended brokers | NPBFX, IC Markets |
For advisor recommended to use VPS 24/5 | Zomro (most affordable Windows server only $ 2.75 per month) |
Backtesting:
Backtesting was not carried out since the MT4 terminal does not support multi-currency testing. But this advisor has two account monitoring from the developer, you can read them in more detail below
Settings:
Conclusion:
The advisor has been trading on the author’s account for more than two years and shows good results, brings profit every month, although the account has a large maximum drawdown of about 80%, nevertheless it still works and, as I said earlier, brings profit.
I recommend that you first install the advisor on a demo account and see how it works, compare the transactions on your account with monitoring, if there are + – the same results, then you can try placing it on a real account. But still, be careful, I have doubts that over the course of two years, the author of the monitoring periodically adds funds to his account; this happens when there is a large drawdown and the author does this to increase his equity and prevent the loss of his deposit; he also withdraws quite often part of the funds and due to this, he has already secured himself, and even if at some point he loses his account and all the funds, in any case, he will still remain in profit since he has already withdrawn enough funds exceeding his deposit. This is the right decision and I recommend everyone to do the same, you see that there is a profit of $50-100 on your deposit, it’s better to immediately withdraw it and keep it outside your account, sometimes the right approach and capital management make a miracle, and a seemingly completely hopeless advisor, but in conjunction with proper use it becomes profitable, think about this at your leisure, since profitability does not always directly depend only on the expert advisor!!!
Functionality tested, in build 1420 working.
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!