I Tested The $5,000 Bonnitta EA and The Profits are INSANE...

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  • Опубликовано: 26 окт 2022
  • ATTENTION: READ MY PINNED COMMENT BELOW!!!
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    Learn about the benefits of automated trading. After programming trading strategies for a while I started teaching how to program expert advisors for the MT4 (MetaTrader 4) and MT5 (MetaTrader 5). Until now I only did videos in German but now I will start this channel with English videos to reach a larger audience of traders and help them improve their trading. There will be no fake trading on this channel and no lies. I show trading as it is - the good and the bad sides. Stay tuned and subscribe because you don't want to miss ;)
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    Trading in derivative products such as futures, options, CFDs, Forex and certificates involves a considerable risk. These products are not suitable for every investor. Investors could potentially lose all or more of the original investment. If anything, only money that equals personal risk capital and can be lost without jeopardizing financial security or lifestyle should be used. Partially or fully automated trading programs can only be used to support the trader. Past performance is not an indication of future results.

Комментарии • 315

  •  Год назад +34

    READ THIS!!
    I did this review in the best way I could. I tried to figure out how the strategy works but in this case I was not able to. There are no indicators visible in the chart and we do not have any (useful) explanation from the programmer/seller. So please be CAREFUL!!
    I do not recommend this EA in any way and do not want to encourage you to buy it. But also I do not say that this is a scam since I just cannot be sure about this. Please do your own testing and make your own research. I would be glad to discuss this in the comment section with you.
    After some more testing there are some things that irritated me, when I tested this EA in visual mode:
    1. I was not really able to generate ANY backtest (default settings) that crashes the account. This is really unlikely for an high risk EA like this.
    2. The EA ALWAYS seems to know the upcoming market phase. It trades either long or short for a period and then switches to the other direction.
    3. I am not able to identify ANY repeatable pattern when looking at the visual backtest.
    4. When I made a backtest in EURAUD (default settings) the EA did not open ANY trades.
    Personally these factors really alarm me and I would really love to hear if someone knows more about this EA. My experience has taught me that if something looks too good to be true then it probably is. And also from my coding background I could name you multiple ways to manipulate backtests to make them super profitable.
    I am looking forward to reading your opinions.
    Cheers
    René

    • @Eli-zg3tj
      @Eli-zg3tj Год назад

      "...we do not have any (useful) explanation from the programmer/seller. So please be CAREFUL!!"
      Why be careful? Honestly if I was to to code an EA in order to sell it to many people it is only logical to not reveal how the strategy works otherwise anyone can code their own EA based on the same strategy and compete with you selling it on the market.

    •  Год назад +3

      @@Eli-zg3tj Yes true. It is completely okay to not explain the strategy in detail. I just wanted to say that I recommend to test this EA carefully in the tester and the demo (or small live) account before trading big funds. But that is only what I would do and other people might think different about this and that is totally fine :)

    • @addICTed_to_USD
      @addICTed_to_USD Год назад

      @@Eli-zg3tj he says be careful as a disclaimer because rene is not a financial advisor and he's not trying to get sued by anyone who sees this video and decided to buy the EA, use it and lose their money. It's to protect himself against others who decide to take legal actions towards him. But why compete in the first place? There's more than enough money to be made for everybody, you know? If i eat, you eat.. it's simple, collaboration over competition. Generosity over greed

    • @Eli-zg3tj
      @Eli-zg3tj Год назад

      @ I totally agree with you about testing it first. Incidentally, is it possible to forward-test the EA for like 3 to 6 months without purchasing it?

    •  Год назад +2

      @@Eli-zg3tj You cannot use it in a demo or live account but you can use all the functions in the strategy tester I think. Just go ahead and download the free demo from the mql5 market.

  • @fxsurgeon1
    @fxsurgeon1 Год назад +13

    I love the detective style to figure out how the system works. Would love to see more of this! Thanks!

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @eugengfu4242
    @eugengfu4242 Год назад

    Thanks for the analysis! The concept of the entries is nice! Btw, when the balance keeps increasing while the DD is high, partial closes might be the reason (last trade has more profit than the pre-last and both are closed to reduce the margin opened and risk.

  • @spec2960
    @spec2960 Год назад +18

    If it was making millions he would not be selling it.

    • @sagartamang9985
      @sagartamang9985 4 месяца назад +1

      But he's making millions by selling it😂😂😂 it's one way around

    • @fusemalaysia840
      @fusemalaysia840 4 месяца назад

      they EA selling then they buy in market....so they always wins... make sense right?....so they just need to create the another EA to counter their selling EA....

    • @MalekDehbaj
      @MalekDehbaj 26 дней назад

      exactly!!

  • @johnmabona7786
    @johnmabona7786 Год назад

    Great stuff bro!
    i would like to say that the term fully automated trading is misleading in a way, regardless if the fact that majority of the user input can be automated.
    To me it is unrealistic and the reason our EA's keep crashing! because we expect our EA to do everything
    what we need is a symbiotic relationship between trader and their EA.
    we need an ea that will at the end of a user defined trend, to say , "Trading completed, awaiting new user input".

  • @victorramirez5569
    @victorramirez5569 Год назад +2

    Hi René, nice video, just my recommedation for a better concept of results is put your results into Quant Analyzer is a free tool and can predict or make probabilities or compare with another mt4 bactest results. Nice content sir, new follower. Have a great day

  • @Metatraderdeveloper
    @Metatraderdeveloper 11 месяцев назад

    Thanks for the analysis!

  • @unscorbman4795
    @unscorbman4795 Год назад

    Lets goo glad u made a video of this EA

  • @zergetrh5705
    @zergetrh5705 Год назад +4

    I am also skeptical about the reliability of Bonnita EA. The profit made in the backtest is extremely high, yet the live results on the developer's profile are much less impressive.
    I contacted him to ask why a lower performance in live, he answered that it's because he uses "differents pairs, different timeframe and differents news" but then why not use the same settings as in the backtest ?
    There is also a lack of social proof and evidence: some EA developers have a private community, positive feedbacks or at least publish their live performance on myfxbook and offer free trials (not free demo of MQL5) but Bonnita's author don't. :(

  • @timdoink6873
    @timdoink6873 Год назад +4

    I love this EA tests Rene! Keep up your good work

    •  Год назад

      Thank you

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️?

    • @romainpro680
      @romainpro680 Год назад

      Test in real.... You lose your money

    • @lio28183
      @lio28183 Год назад

      @@romainpro680 have you tested on real account or you are just bluffing?

    • @romainpro680
      @romainpro680 Год назад

      @@lio28183 yes i test it on real account.... Lot of bot loose... Lot of broker loose your position... The best way it's manuel trading...

  • @OneCreator87
    @OneCreator87 Год назад +1

    This one seems to be using some sort of moving average for targets and bands OR support and resistance (maybe both) to measure volatility extremes. It reminds me of the "King of Forex" strategy that is run on the M1 EURUSD chart. It's surely a nice subject for reverse engineering as it's not some sort of scam, seems legit to me (a good mean reversion strategy). It surely is a better option when compared to most of the martingale crap you see in the shop. The best thing is that it incorporates compounding!

  • @blah99999dddd
    @blah99999dddd Год назад +1

    Thank you for this video. It was very informative. New to Meta Trader and this video helped me learn fast. I am looking for a good automated EA for large amount of money that I can set it and leave it.
    Could you point me in the right direction to something that has low draw down and more than 10% per month profit average?
    Thanks

  • @divineokon9412
    @divineokon9412 Год назад

    Good review, I really think you should try making one of these, keep up the good work.

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️!

  • @AA-jg4ie
    @AA-jg4ie Год назад +1

    Can be manipulated the backtest in forward date after release like after download the EA and do not update it for 1 or 2 months then test it , the result will be manipulated ? you know what i mean ?

  • @1nguoixauxi2
    @1nguoixauxi2 Год назад +3

    I think they can choose which time period to trade by using code, and switch-case it. Thats why it is not working with EURAUD, since they did not add this into the code yet

  • @marvine.6155
    @marvine.6155 Год назад +2

    Hey Rene, I'm loving your work. This is about the Scalping project EA. I'm currently testing on Demo. I wanted to ask you if it's possible to trail the stop loss so as to increase overall efficiency. Same logic as the TP trailing so that when the trade is losing say, 30 points we begin trailing?

    •  Год назад +1

      Thank you :) You mean you want to trail the TP? Nearly everything is possible with mql5 programming. But I do not think I will make any modifications soon. The problem is that I receive ideas for changes on a daily basis. If I add all these features the EA will be really messy soon :D

    • @khaledamer1037
      @khaledamer1037 Год назад

      @
      hi Rene, brainstorming is king you don't have to take every idea you receive but definitely some will be very helpful. you can create even a group on MQL5 to have a healthy discussion about your EA lots of experienced traders will be happy to help and give good advice we all want a good EA.

  • @siphamadlagoldensithole9946
    @siphamadlagoldensithole9946 Год назад

    great review brother it will b great to come out with something like this thanks

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @illernpiller
    @illernpiller Год назад

    Dca can work wonders but you really need to calculate your max drawdown and make sure it can take a huge drop but still recover.

  • @anypuppet
    @anypuppet Год назад

    Very entertaining. Thanks. :)

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️+

  • @micahthompson3762
    @micahthompson3762 Год назад +7

    I've never seen a martingale EA NOT blow up an account regardless of the strategy or method used to enter. I've created over 200 EA's and most were not profitable long term. However, such EA can produce for several months even over a year before some event causes the EA to strain your account and stops trading if the code is using a martingale type money management.
    I personally quit trading Forex some years back and trade only the Indices now in which I am very profitable> But not using automation just custom tools.

    • @Christian_Ky
      @Christian_Ky Год назад

      Thanks for sharing the experience

    • @lio28183
      @lio28183 Год назад

      For martingale you need huge Capital and trading at very low risk....

  • @kmli
    @kmli Год назад

    One important thing is that you are using the backtest to test it. Some subscripters said it's real performance does not same as it's backtest.

  • @skyglory6571
    @skyglory6571 Год назад +2

    After reading your comments, can you make a video on how to manipulate backtest? This may be interesting because we can avoid those mistakes when we know it .
    Another thing is can you share with us how will you handle the crash of vps, metatrader ? When we go live, if the metatrader stopped for whatever reason, is there anything we can do? Is it possible to setup a backup computer and detect if the first computer metatrader is not working then the system will switch to a second computer to continue the trade?

    •  Год назад

      Hey, I can put it on my list to show you how to manipulate your tests ;) The easiest way is to use a magic number for your trades. When the MetaTrader restarts the EAs can search for open trades (using the magic number) in their OnInit function. For more advanced EAs you can also store important data in external files. I teach this in my course. Maybe you want to have a look: en.bmtrading.de/mt5-masterclass/

    • @aleksander4711
      @aleksander4711 Год назад

      You can hard code times of pivot, but you should also update the code quite frequently. I dont know whether there is a possibility of providing external signals to a strategy .

    • @AA-jg4ie
      @AA-jg4ie Год назад

      ​@@aleksander4711 Can be manipulated the backtest in forward date after release like after download the EA and do not update it for 1 or 2 months then test it , the result will be manipulated ? you know what i mean ?

  • @shag3doo
    @shag3doo Год назад +18

    It’s possible that this EA has been back tested over and over again and they know when the periods of drawdown are on backtest so you can control the EA direction and entry price.

    •  Год назад +4

      Yeah there are countless ways to optimize or manipulate backtests. Hard to tell without seeing the code :/

    • @Hashimismael
      @Hashimismael Год назад +2

      But all EAs don't give out the codes otherwise people will use it to make their own products.

    • @maxgoldtrader
      @maxgoldtrader Год назад

      scam EA its far from live reality action

    • @Orryv
      @Orryv Год назад

      @@maxgoldtrader Can you explain more? Did bought it?

  • @kiramaster2010
    @kiramaster2010 Год назад

    thanks for the video i really like it
    i hope if we can see more videos with free bot and thanks again

  • @bormaar
    @bormaar 16 дней назад

    Hey René, you are the best EA reviewer in the whole internet, I really appreciate your efforst.

    •  16 дней назад

      Thanks!

  • @FighterFred
    @FighterFred Год назад +1

    What I can see,, it combines pending stop and limit orders in one direction and exit all orders at a certain profit. He's probably using an EMA for trend direction. Without a SL you can get 100% win rate, but it always crashes in the end when the trend goes too long in the wrong direction. EURSUSD and GBPUSD are good since the spread is low. The EA will for sure show another result if SL is activated.

    •  Год назад +2

      Yeah for sure. But still without SL it is surprising how stable the backtest are over many years.

    • @FighterFred
      @FighterFred Год назад +2

      @I tested it in the backtester, how he avoids the final drawdown disaster without stoploss would be of great interest :)

    • @stenioasas1977
      @stenioasas1977 Год назад

      @ Any updates about these 'unbelievable' results after so many years without SL?

    •  Год назад +1

      @@stenioasas1977 I cannot really say much without seeing the code unfortunately :/

  • @andrewmuchtar9286
    @andrewmuchtar9286 Год назад +3

    Market is changing; this EA could be awesome on the test yet it might not so in real trade. And, big banks will do something if too many traders use it and make unbelievable profits.

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️$

  • @milesvanrothow2067
    @milesvanrothow2067 9 месяцев назад

    Have you reviewed any EAs that don't use martingales or grids ?

  • @Gooinsta
    @Gooinsta Год назад +1

    Yess very interest 😎🤘 .. amazing ... 👍😎

  • @andyfxea
    @andyfxea Год назад

    Is the Bonnita ea legit? And profitable longterm? Is it true what the owner say from 1k to 3.5 millions?

  • @Blackjack_Nasdaq
    @Blackjack_Nasdaq Год назад +4

    You can rig the EA results even if using a 99.99% modeling quality. Just remember. I have an EA that can profit 20000% in three years according to the strategy testing using tick data 99.9% or SQ tester, but on demo and Live, it did -50% in a year

    • @RazNMace
      @RazNMace Год назад +4

      Make a reverse version

    • @RazNMace
      @RazNMace Год назад

      Frankly speaking you can link to managing site and put ea in demo and copy a reverse trade to a live account

  • @jeelom11
    @jeelom11 Год назад +1

    There is another EA call Sun with similar strategy, but that EA creator mention in a small fine print that he "manipulate backtests to make them super profitable." which is kinda honest. when tested outside of the period he tested it shows how the EA actually perform (very bad.)

    •  Год назад +2

      That is honest indeed :D Not sure though if it is a good marketing strategy :D

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️!

    • @AA-jg4ie
      @AA-jg4ie Год назад

      Can be manipulated the backtest in forward date after release like after download the EA and do not update it for 1 or 2 months then test it , the result will be manipulated ? you know what i mean ?

  • @ahmedAmmar2006
    @ahmedAmmar2006 Год назад +6

    I tested this EA many times, it open 10 BuyLimit and 10 sellLimit and use very small trailingStop but it leave the losses trades until the price hit it again and it's very risky, first of all you should run it on very low spread other than that it will give you very low profit or it will not open trades at all, with high spread it gave me 150 usd profit per month which does not worth the EA price

  • @alikamal0
    @alikamal0 Год назад +3

    This reminds me of KOB EA (kiss on billions) used to make 100% in a month. Ea price was 2k$, many people and myself also bought it, made good profit but it blew every single account after a few months and we lost all the profits plus balance. It was optimized to show a good backtest and somehow survived a few months on live also. Ea was eventually deleted from MQL5 and only the Author made millions 😐

    •  Год назад

      Ou I am sorry to hear that... Yeah it is so easy to manipulate backtests :(

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️$

    • @stenioasas1977
      @stenioasas1977 Год назад +1

      Manipulation of EAs should be strictly prohibited and monitored also by MQL5. It is really unnacceptable that this could happen to a so huge public platform like MQL5.

    • @alikamal0
      @alikamal0 Год назад +1

      @@stenioasas1977 They make 20% on every EA or signal sale, they love scams like these :)

    • @stenioasas1977
      @stenioasas1977 Год назад +1

      @@alikamal0 Incredible, I didn't know that. That explains many things now...

  • @WajidAli062
    @WajidAli062 Год назад +2

    I have a trading bot, and I applied this bot on multiple pairs but it opens only one trade on any one pair at once, it will not open a trade on another pair if the condition is met to open a trade. Please help me to set this problem.

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️!

    • @davidlaflich7730
      @davidlaflich7730 Год назад +1

      hey if you devloped it, you need yo check if the way you count opened positions is filtered by pair and not total number in all charts. Also use the Magic number to filter out position counting so Each EA has it's own totals

  • @skyglory6571
    @skyglory6571 Год назад

    i found something weird in this EA, when i backtest from 20220901 to 20220930 and 20221001 to 20221028 it opened 2 charts in the strategy tester visualization screen, the time frame selected and a H4 chart, however, if you select a period in 20220301 to 20220330, only 1 chart is shown in the visualization.
    besides that, the trade strategy is also different. from 20220901 to 20220930, the trade stragety seems to open a trade every 4 hours. and only 1 sell or buy order is sent and 1 stop or limit order is sent every time.
    but let's say from 20220301 to 20220330, when it makes a sell, it will simutaneously make 10 sell stop and 10 sell limit orders. this action wont happen in the recent two months. do you have any idea on it?

    •  Год назад

      Hey thanks for sharing this. I was experiencing some behaviours, too, that I cannot explain :O Hard to tell how it works without seeing the source code. It is nearly impossible to understand the program without these insights :(

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️$

    • @maxgoldtrader
      @maxgoldtrader Год назад

      bad EA its far from reality its good only for backtest.

  • @nwokebright1126
    @nwokebright1126 Год назад

    Hey Rene can you create a bot that is based on candle sticks pattern , which if I choose to buy it will keep on buying at a close of every bullish candle in a particular direction and if I chose sell it keep on selling at close of every bearish candle in a particular direction with a parameter of sell and buy, lots size , overall stop loss, overall take profit, spread filter, time and date filter, number of trades to open

  • @user-qk7ij3vm6o
    @user-qk7ij3vm6o Год назад

    is there any EA for crude and Brent oil automated trade?

  • @arthurc2130
    @arthurc2130 Год назад

    HEY René could you update us what are youur thinking and what you discovered about the sistem? It would be very helpful for lots of us

    •  Год назад

      Hey, I thought I said this in the video :) I think the backtests look a bit "too good". So please be careful with the strategy if you want to use it in a live account.

  • @bitestonk0618
    @bitestonk0618 Год назад

    its algo in 2020 different with 2022/2023, right?

  • @TMG_Dude
    @TMG_Dude 11 месяцев назад

    Can you review the ak47 EA For mt5 it's free and new. I can't read code. I'm still learning. Just found your ema tutorial 😀

  • @ykmarkykmark
    @ykmarkykmark Год назад

    I was wondering why no one mention the rollovers fee for all this ??

  • @daveuniquemedia5782
    @daveuniquemedia5782 Год назад +1

    What I think he uses trend reversal and trend continuation strategies. He has probably mastered the art of trend reversals using verified support and resistance, chart reversal patterns, and maybe EMA crossovers. Once the reversal is confirmed the robot will start placing pending orders in case price gets to a certain point it triggers. But if price continues to go in the direction of the last trade action then it continues in that direction. The rest is just mathematical logic.
    Meanwhile can you do an EA with what I've just written?

    •  Год назад +1

      Hey, do you mean what you wrote in this comment? That is not an easy task. Especially support and resistance levels are often interpreted by a human trader. It is hard to find a working set of rules for this...

    • @daveuniquemedia5782
      @daveuniquemedia5782 Год назад

      Pls can you do an EA that opens a certain number trades after a candle closes. (example if I select buy then the robot should open a position(s) after every buy candle closes and will do nothing if it's a sell candle. If I select SELL then the robot should open a position(s) after any candle closes as red(sell). The parameters table should have a drop-down menu were I choose either to sell or buy, should have the number of positions the robot should open per time, lot size, maximum spread to consider, something called global take profit (a set point/pips were the market will get to and close all trades). Also a global stop-loss, the robot should also have a close all trades button.
      Please can you make this EA for me?

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️:

    • @lugombear2269
      @lugombear2269 Год назад +1

      @ why hard tak, you can get data about price from D1 graph or W1 graph and process that like super high levels where is potencial to reverse trend. when you connect them with divergence for example in time frame H4 or H1 then it is top, i think. he place orders to buy or sell not like in few days he change buy to sell, then in my opinion is is using D1 or W1 or MN trend direction maybe also fib levels to get that data for potential looong trend reversal.

    • @johnw6648
      @johnw6648 Год назад

      @
      Action threshold software V4.1 system does this

  • @jovidwaakzaam1865
    @jovidwaakzaam1865 Год назад

    Hey Rene I just opened a mt5 demo account with icmarket and uppon trying to do a backtest it tells me in the journal section that there is no data,no matter what pair I tried to test. Do you have any idea how I can fix this issue.

    •  Год назад

      Choose another data server in the lower right corner (the connection symbol). BDC.01 should work.

    • @jovidwaakzaam1865
      @jovidwaakzaam1865 Год назад

      @ thank you,it worked🙂

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @aabirraghib8826
    @aabirraghib8826 Год назад

    i gt a question to ask,whn i buy a EA,will i be getting a .EX5 file or MQL5 file..which one??

    •  Год назад +1

      Depends where you buy it ;) If you buy any EA in the mql5 market you will only receive a licensed .ex5 file.

    • @aabirraghib8826
      @aabirraghib8826 Год назад

      @ k.gt it

  • @jayveesenining7296
    @jayveesenining7296 Год назад

    but can this pass prop firm challenge on FTMO or MFF tho?

  • @thrls
    @thrls Год назад +7

    You should review the Darwin Evolution/Swing EA’s, that one is supposedly very reliable with no sizing gimmicks

    •  Год назад +8

      Hey, thanks for the suggestion. If more people want to see it I can have a look at it :)

    • @matiboludo
      @matiboludo Год назад

      ​@ yesss please

    • @anypuppet
      @anypuppet Год назад +1

      Yes, testing the Darwin EA would be very interesting.

    • @fx-hd6st
      @fx-hd6st Год назад +1

      yes pls

    • @KaliteyClips
      @KaliteyClips Год назад

      Yes please,, I'm also curious! Thanks for all your interesting tests and reviews René!

  • @h.l6849
    @h.l6849 Год назад

    Would be nice if u could test" scalper index pro" as well. Looking for a index trader for cfd to diversify my EAs

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @92kosta
    @92kosta Год назад +3

    I was wondering if or when you are going to test this EA. I tested it the other day and the results were mind-boggling, to say the least. It had an astronomical profit in under a year starting with just $1000 and a leverage of 1:33.

    •  Год назад +1

      Yeah I also saw these crazy profits. Made me wonder how this is possible :O But I will do some more tests in the next days I think. Maybe I can figure something out :)

    • @92kosta
      @92kosta Год назад +4

      @ Also test Aura Black Edition if you haven't already. I tested it with $300, leverage 1:33, 2000.01.01-2022.10.26 (97% history quality) and it was much crazier than Bonnitta - made $460 million like it was nothing.

    •  Год назад +6

      @@92kosta It is on my list. If more people want to see it I can have a look at it :)

    • @92kosta
      @92kosta Год назад +4

      @ These are some "good" EAs which I have tested, mostly using the developer's recommended settings:
      ● Anabolic VX
      ● Aura Black Edition
      ● Bonnitta
      ● EA Monolith
      ● Night Hunter Pro
      ● Orion AI
      ● Project Gryphon
      ● Project Phoenix
      ● Sun
      ● SuperBot
      ● Waka Waka
      ● Wolf Scalper

    •  Год назад +2

      @@92kosta Thanks for sharing. Currently I do not have the time for a lot of testing but I am sure I will have a look at one or two of them in the future ;)

  • @ippokratisboboras19
    @ippokratisboboras19 Год назад

    Hi Rene, how can we display "Equity Relative DD%" on optimization test instead of the default which is "Equity Maximal DD%" ?

    •  Год назад

      Hey, I don't know. Never really did this :/

    • @ippokratisboboras19
      @ippokratisboboras19 Год назад

      @ If you don't know, then who? :P

    •  Год назад

      @@ippokratisboboras19 haha :D maybe you can find the setting somewhere. Also you can type it into Google. There are often threads in the mql5 forum.

    • @ippokratisboboras19
      @ippokratisboboras19 Год назад

      @ There is an answer in the Mql5 forum that we have to use this line in the code: double OnTester () { return TesterStatistics ( STAT_EQUITY_DDREL_PERCENT ) ; }
      Now I'm testing an EA from the market on Demo mode and I know almost nothing about coding. I was wondering where I have to place this code.
      That would be really useful because probably the most important metric is relative dd% and not maximal.

    •  Год назад

      @@ippokratisboboras19 Ah thanks for the tip. Unfortunately you cannot access the code of market EAs :/

  • @mithundas9511
    @mithundas9511 Месяц назад

    Why demo ea results not same if i run ea live account ??

  • @valerytrading
    @valerytrading Год назад

    Hi René! Great video! What are you waiting to review Waka Waka, the popular MQL EA that has been in profits for 53 consecutive months?

    •  Год назад

      Thanks :) maybe I will have a look at it in the future if more people want to see it.

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @adamadamski9148
    @adamadamski9148 Год назад +4

    I did many backtests ofThis EA. My opiniom is that this is the same author who did KOB. The same style of marketing, talking about cracked copies and buying only from him, selling addidional tool (trendlines) when he was selling Kob he offered some stnd deviations indicator. Kob was build on that indi and same this time. Offering an EA what makes millions and the only thing what he spend time is marketing. Manipulated backtests for sure! I did so mamy backtests and meet a lot of problems with. This EA even opens positions in the simmilar way to Kob. This is so obvious scam and like I sad in the past about Kob, dont buy it. Sooner or later it will blow up your account! This guy again trying to sell you a dream not an EA! STAY AWAY from it guys

  • @Karthunk
    @Karthunk Год назад

    For less than $5,500 you can take classes to learn to trade like a banker, ie the institutions that move the market to certain targets.

  • @user-kl4xb4wb1r
    @user-kl4xb4wb1r 3 месяца назад +1

    so now a year later how is it looking? what are the real results over time?

    • @captainmoonlight9576
      @captainmoonlight9576 3 месяца назад

      I think its all scam.. also the yt channels itself

    •  3 месяца назад

      Bro I do not know this is not my EA ;) Also I never used it because these kind of strategies are way to risky for me personally.

  • @mawafilee3806
    @mawafilee3806 Год назад

    Good job

    •  Год назад

      Thank you :)

  • @ibrahimbesighaib2725
    @ibrahimbesighaib2725 Год назад

    Do you have the Presets for this EA can U share with us??

  • @masterhunter6423
    @masterhunter6423 Год назад

    The best EA , no one can manipulate the EA , the broker or any market maker.. wants to manipulate the EA can fail because of the secretive style…

  • @infinitedreams1350
    @infinitedreams1350 Год назад +10

    I stumbled across this EA last week and started playing around with it.
    My conclusion for what its worth:
    I was able to make $5million with a starting balance of just $100. With that starting balance of $100, it was able to open multiple trades at once, which is clearly not possible without exceeding margin.
    The ridiculous gains also only happened on a few symbols, so for me the backtests are absolutely manipulated.

    •  Год назад +2

      Thanks for sharing your experiences. This is weird because I do not think that EAs can manipulate the margin requirements in the tester. At least I do not know how this would be possible. But yeah I am also a bit surprised by the constantly crazy profitable testing results.

    • @ghafuri
      @ghafuri Год назад

      sounds so tempting, i backtested too and got crazy results as well. Very tempted tp buy and test on live with $500 and keep it running lol

    • @metamatrixclub1186
      @metamatrixclub1186 Год назад

      yes the data is being fudged, look ahead code is easy to do as well. curve fit it, then make it look amazing.

    • @stenioasas1977
      @stenioasas1977 Год назад +1

      Can we definetely conclude that this EA is manipulated? If so, in this case, can we somehow report it to MQL5 and wait some sanctions to this kind of scam?

    • @metamatrixclub1186
      @metamatrixclub1186 Год назад

      @@stenioasas1977 you wont have a hope without metamatrix software I am a quant. really its not what you think it will be and crappy indicators do not mean anything other than coincident and cherry picking scams. Watch the video on the site please! I will save you 6 years of misery!

  • @infodispatch
    @infodispatch Год назад +1

    Thank you so much for your content, for a video could you program something that can trade and be profitable on a 10 dollar account and test it on a real account, would really appreciate that :)

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @johancahyadi6905
    @johancahyadi6905 Год назад

    When I saw the multiple entry in short range of price, I just imagine this EA would blow account someday

    •  Год назад

      Yeah that is what I was expecting, too.. but somehow it does not happen :D

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️!

  • @SmarterForexCapitalGlobal
    @SmarterForexCapitalGlobal Год назад

    backtest are great. but at the end of the day, let it known to all men that its just good as simulation, as news, slippages and server execution are not in real time, so its not the basis of a systems profitability. It should be forward tested with real money and thats where the real results can be judge.

  • @MseeF
    @MseeF Год назад

    But one of your tutorials does the same (i.e. $5000 and more) in one year for as little as $200 deposit?

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @TheZERO1740
    @TheZERO1740 Год назад

    Have you tried back testing the Forex Fury ea yet? I want to see it🧐

    •  Год назад

      No I did not try it. Unfortunately there is no demo version so I cannot really try it without buying.

    • @danrik4384
      @danrik4384 Год назад

      Forex Fury is an outstanding EA I recommend it.

    • @ciezkopracujacy
      @ciezkopracujacy Год назад

      @@danrik4384 I disagree, I do have it and most of the time it loses money. 1 time I made 800% in 4 months but few days later all was lost

    • @Yasi_nzi
      @Yasi_nzi Год назад

      @ please buy it Rene it’s just around 200$. It’s ranked no1 in forex forums.

  • @emmanuelthompson32
    @emmanuelthompson32 Год назад

    grid yes?

  • @micomarinas2753
    @micomarinas2753 Год назад +1

    what is the difference between EA vs trading robot?

    •  Год назад +1

      It is just another term for the same thing. Trading robots in MetaTrader are called Expert Advisor (EA).

    • @micomarinas2753
      @micomarinas2753 Год назад

      @ ah ok thanks 😉🔺

  • @michaelaldan4354
    @michaelaldan4354 6 месяцев назад

    with regards to prop firms...you know ofcourse that any grid trading strat or martingale will result in your account being suspended and you will not receive a payout...no matter if you were right or not....prop firms do not want this kind of trading and will actively bend their own rules to kick you out, nothing you can do about it because it's all unregulated

  • @masterhunter6423
    @masterhunter6423 Год назад

    I seen now that the EA have a negative Equity , and Positive profit -- will see for the coming days.
    The EA is very secretive , will it is good for the seller to keep ot secret so that no one can know how to break the EA.
    If the EA is profitable , i think this EA can last longer because of the style of secretive.

  • @alexcraciun8342
    @alexcraciun8342 Год назад +3

    No more martingale, no more grids..there is only way how these kind of EAs end up..99% the backtests were optimized and fitted..besides this.. who would sell an algorithm that turns 1000 $ into 3 Millions..

  • @bilaldahnoun9933
    @bilaldahnoun9933 Год назад

    @René can you please try the Galileofx robot?

    •  Год назад +1

      Hey, I don't know it. But if more people want to see it I can have a look :)

    • @bilaldahnoun9933
      @bilaldahnoun9933 Год назад

      @ they have a separate website and they have good reviews so if you can do it would be great 🙏

  • @bormaar
    @bormaar 16 дней назад

    If you did not yet and you have time, would be great if you could make a review of "Aura Black" and "Greezly pro"

  • @juanchito104
    @juanchito104 Год назад

    deberias de compartir el bot para que otros investigemos si funciona o no. jajajajjjaja lo podrias compartir ??? es para una tarea que me dejaron en el colegio. jajajaj

  • @ticktraders
    @ticktraders Год назад

    Can you do video creating EA to trade volatility index

    • @lucid2549
      @lucid2549 Год назад

      i have a bot got from Russia (red dragon) it trades mainly boom and crash but ive tested it with jump index 100 and volatility 75 and it hedges pretty well...drop your email i'll send you the demo screenshots

  • @viktormarkus7291
    @viktormarkus7291 Год назад

    what setup do you use?

    •  Год назад +1

      Hey I don't really understand. Can you explain?

    • @viktormarkus7291
      @viktormarkus7291 Год назад

      Yeah sorry. The computer setup you use? How many gigs of ram? Processor? Vram?

    •  Год назад +1

      @@viktormarkus7291 oh okay I use a Laptop and one additional monitor :D I do not even know these things and would have to look them up. But I do not trade on my PC anyway and all the trading is done on a VPS ;) for my strategies I do not need a lot of hardware :)

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️;

  • @zakariaelfindali3529
    @zakariaelfindali3529 Год назад +1

    hey René great content ! can you please code some E.A Like this

    •  Год назад

      Thank you :)

  • @bernardtsang4641
    @bernardtsang4641 Год назад

    I tested the demo in GBPUSD H1 and it crashed on 9/26 the purge

  • @yunusemremert3620
    @yunusemremert3620 Год назад

    4 hour eurnzd crashes account in backtesting. the date is between 2007 and 2009

  • @darrenhunter8093
    @darrenhunter8093 Год назад

    how do i get in touch with you to talk about an EA?

    •  Год назад

      Hey, best way is in the RUclips comments. But I cannot provide individual support anyway. I am sorry. Also I do not offer any programming services.

    • @darrenhunter8093
      @darrenhunter8093 Год назад

      I'm guessing that's a scammer below? Lol they are relentless

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️$

  • @usmanzahoor8475
    @usmanzahoor8475 Год назад

    Please review Unibot

  • @StargateMax
    @StargateMax 11 месяцев назад

    I tested the mt4 version, and it keeps blowing the account. Not worth it.

  • @madmrg
    @madmrg Год назад +1

    I checked also this EA and what I did not like, that it opens i.e. buy position right at the strong support zones. Then it ofc encounters a drawdown and opens martingale positions. It holds even 40% drawdowns if it goes the wrong way, but yeah... price always comes back and EA takes profit after couple of days. I would say stay away. No risk management, entries have no sense, big drawdowns... Only 2 pairs supported. History data might be coded to manipulate backtests. Think about, why would you share such an EA if it is so much profitable?

    • @maxgoldtrader
      @maxgoldtrader Год назад

      yes i agree better to stay away on this EA its only good on backtest its far from reality if you already inside live trading it lose your life

  • @tasi_forex
    @tasi_forex Год назад +1

    For strategy tester manipulation:
    It is very easy for any programmer to manipulate the historical trading.
    I do not like to share that concept to avoid teaching such harmful techniques for coders. The victim will be the new "dreamers"!.
    But, to not looking just fool, coder looks at the monthly chart for ONE or TWO and decide for the EA whether it should LONG or SHORT; Using Month() Year() functions. I hope it is clear, at least to you, @ReneBalke

  • @JASHALL10
    @JASHALL10 Год назад +1

    This EA seems to be way too accurate. I wonder if he is getting a data feed of historical data. My test resulted in a $35 Million profit in 4 months. If that is possible, he wouldn't be selling this EA.

  • @sulayman7w
    @sulayman7w 8 месяцев назад

    Good ea

  • @Muhammadanaskhans
    @Muhammadanaskhans 7 месяцев назад

    make a video on its code

  • @Next_Great_Depression
    @Next_Great_Depression Год назад

    Please take a look at the powerhouse ea, the developer has a RUclips channel called Ryan brown.

    •  Год назад +2

      Hey, I can put it on my list. If more people want to see it I can make a video about it :)

    • @Next_Great_Depression
      @Next_Great_Depression Год назад

      @ The backtests seem great and there are multiple signals going past a few months and on different individual ea's in it have live accounts running over a year. There are a couple of free signals on my social signals for prop firm tests saving up to buy a myforexfunds 50,000 test.

    • @92kosta
      @92kosta Год назад

      There is also Forex Fury, from a RUclipsr called Trade with Pat.

    • @Next_Great_Depression
      @Next_Great_Depression Год назад

      @@92kosta Are there backtests going from before 2005 to now online?

  • @mphokuhlenicole9338
    @mphokuhlenicole9338 Год назад

    I have this ea let me go and test it right away

    •  Год назад

      Nice. Would love to hear about your demo/live experiences once you tested it :)

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

    • @manwings8584
      @manwings8584 Год назад

      Can you give me your telegram

    • @manwings8584
      @manwings8584 Год назад

      @mphokuhlenicole9338 Can you give me your telegram

    • @mphokuhlenicole9338
      @mphokuhlenicole9338 Год назад

      It's been making profit brother thank you for suggesting this , i owe yu

  • @masterhunter6423
    @masterhunter6423 Год назад +1

    Update - Bonnitta EA
    Deleted the Burned account.

  • @alexandersorbas1881
    @alexandersorbas1881 Год назад

    I just tested it and made 1 bilion $ in 3 days and now microsoft is my company...its rediculous really

  • @Trademei
    @Trademei Год назад

    like martingale strategy

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @default2591
    @default2591 Год назад

    Ah yes, another martingale EA

  • @badrun5345
    @badrun5345 Год назад

    Review golden club

  • @cryptozcloud
    @cryptozcloud Год назад

    I wonder if this EA can pass the funded account challenge

    •  Год назад +1

      Temporary drawdowns are probably too big I think 🤔

    • @cryptozcloud
      @cryptozcloud Год назад

      @ Ooooh hmm thes EA sellers 🤧

    •  Год назад +1

      @@cryptozcloud :D

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️!

  • @ytmish
    @ytmish Год назад +1

    Why would someone sell such an extraordinary indicator? Also so secret? Also 5000$ (soon 20000$), why?
    It's non sense, except if it's a scam 😁

    •  Год назад +1

      Yeah there are some questions to be answered :D

    • @user-ov8gd5rm7p
      @user-ov8gd5rm7p Год назад

      👆👆Thanks for the comment, contact me for more investment ✍️✍️,

  • @johnddonnet5151
    @johnddonnet5151 7 месяцев назад

    If EA makes a ton of trades and shows profit in backtesting it will almost always fail live, just because of slippage and commisions

  • @professionaltrading3649
    @professionaltrading3649 Месяц назад

    The guy making the others fool.

  • @hostbuildinggroup2236
    @hostbuildinggroup2236 Год назад

    I like you I like what you do but by over-explaining the program we get lost. Just a hint 80% of us are only concerned with the return and you should spend more time focusing on that. Grade the strategy and more explicit. It is so hard to understand the return with your explanations.

  • @getzdigitalmarketing6132
    @getzdigitalmarketing6132 Год назад

    Looks like a martingale bot

  • @lancethrust9488
    @lancethrust9488 Год назад

    SILLY PRICE ANYBODY SELLING SIGNALS AND BOTS , SHOULD ALLOW FOR TRIALS OR LOW COST FOR MONTH ALLOW THE CUSTOMERS TO MAKE BANK OVER THE MONTH TO PAY FOR THE FULL SUBSCIPTION , ANYBODY MAKING MONEY WILL GLADLY GIVE YOU MORE !!!

  • @MalekDehbaj
    @MalekDehbaj 26 дней назад

    EA's to make millions of dollars..yet.. their developers decide to sell them for 5k or 2k..why not just use them to make money?! this question should come to anyone's mind..and myself being in the MQ market some years now, I tell you they don't last..many came before them with the same promices and then what? vanished!