Monday, December 19, 2011

Huru EA Provides Excellent Risk to Reward Ratio!

Haru EA is not a scalper but rather trades longer, safer and takes into account much more information compared to the average EA thus returns higher profits over a longer period of time.This forex system trades the GBP/USD on the 1 hour time frame. The vendor claims this has 9000 lines of code and can work in any market condition.
It bears mentioning that while the risk to reward ratio is high the drawdown is high as well. The link posted on the bottom reveals a 32% drawdown on the backtest. This is a little high for my liking and is not really my cup of tea, but some might find this appealing because if you hang in there long enough, you can ride a "profit wave" that will sure put a smile on your face. It also only wins about 50% of trades which makes the profitability very similar to the forex growth bot. Lets see how this one pans out in the future!

Note! Currently not being sold