is selecting the correct one, as there are so many out there.
Some criteria you should apply, when judging an EA are;
- Whether they will give you a free trial
- Their FORWARD tested history as well as their backtested history
- What modelling quality their backtests are run on (90% is the best available)
- Whether they offer a money back guarantee should the EA fail to perform for you
Markets change, and so do the performances of EA's. The goal is really to find one that can perform consistently over different market conditions. The best we have seen yet in the market is the PointBreak EA. This was used by a private trading group by over a year before being recently released to the public.
PointBreak Expert Advisor (Very Aggressive Trading) has resulted 49.76% since October 2007.
This is the most aggressive setting available, the more conservative settings give smaller returns but correspondingly smaller drawdowns.
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