I got this EA for the Metatrader system and it's got some very outstanding features.
It does make consistant profits over the short term
It enters and exits without you being there, so 24hr. trading is a big plus when your asleep.
It seem to trade best when the markets are in a sideway kind of movements. But look out when the market starts to trend thats when things go badly. When the makets starts trending, either up or down this EA starts buying lots as the markets moves down and selling lots as the market moves up. This Ea does not trade with the trend, it fights it all the way and sooner or later you will hit that MAXrisk(in the program it is a default $1,500). It dosen't matter want forex pair you are trading evenually you will hit it. So you may get alot of small profits but it only takes one large uptrend or downtrend and your gains are gone!! And then you are back to square one or very near it. So since we don't know when the next trend in whatever forex pair you trade, you you could get another $1,500 maxrisk signal soon after the first and be down agian.
I even tested the EA with larger Max risk and they were always hit some time down the road. It's like standing in the middle of a battle field with bullets shooting past you. You don't know when you will be struck but if you stand there long enough you will take a direct hit, it only a question of when. So in this case the target is your trading account.
Get more detail about Make Money While You Sleep - Advanced Forex Auto Trading Robot - Metatrader MT4 EA - Expert Advisor.
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