Sprout EA trades only one order, does not use dangerous trading methods, each trade is protected by SL and is accompanied by a trailing stop, another point is that this adviser has a very good risk/reward ratio, potential profit exceeds losses by as much as 9 times!!!
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Developer price | |
Terminal | MT4 |
Currency pair | EURUSD, GBPUSD, USDJPY, EURJPY |
Timeframe | M30 |
Money management | At least 300 currency units for each currency pair, lot 0.01 |
Recommended brokers | RoboForex, IC Markets, ALPARI |
For advisor recommended to use VPS 24/5 | Zomro (most affordable Windows server only $ 2.75 per month) |
Backtesting:
Backtesting has been carried out for all available traded currency pairs over the past 20 years, and shows excellent results, below you can find out more about the test results
Settings:
Conclusion:
Testing the adviser on the past history looks very worthy and, most importantly, plausible, it does not show millions of profits per month, but rather shows a picture that is inherent in normal advisers who do not read history and do not deceive a rigged backtest, which is made only to sell the adviser and make money on its sale, on the contrary, this expert shows that there are unprofitable months and even series of months, losses can drag on even for half a year, but in general, a stable profit growth curve is formed, and I think that for those people who do not look into the terminal every day to look at profits or losses, this adviser will seem very interesting and I hope it will be really profitable in real trading, this robot is suitable for those people who have already understood what it is to work in the forex markets, who understand that this is a boring and routine job and not a casino that will сcan make anyone a millionaire in one moment, in general, experienced traders will understand me, and beginners will not see anything interesting in this adviser, because even looking at backtesting you can see that over 20 years of trading, the adviser earns on average about $5,000 from a deposit of $100,000, many will say that this is very little, but look at the maximum drawdown, basically it barely reaches 1%, and here you can already think that the income is not so small if you take into account the risks.
For the adviser to work, a dll file is used (located in the archive with the adviser) which you need to place in the terminal folder along the path MQL4->Libraries
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!
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DOWNLOAD EA Sprout MT4
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