The EA trades on the 15 min. time frame on the Eur/Usd and the Gbp/Usd pairs. The fact that it uses equity stops leads me to believe it is a type of grid-trader. One aspect I really like a lot about this robot is that it uses dynamic TP levels. This really helps the EA lock in some nice pips based on the price action at time of trading.The R:R ratio up to this point is not very good, somewhat reminiscent of a scalper. But I believe this could change in the future as it hits more TP with higher pip counts during higher volatility trading. Below is a screenshot that will display the up-to-date performance.
You will notice the DD is pretty low and the monthly gain is rather high! Unfortunately the account is not verified which is somewhat of a red flag. Is this really a real money account?
This is a HFT (high frequency trader) expert advisor. It has performed 1751 trades to date since its inception in in Sept 2013. This is no doubt off to a really good start, but I caution the account is too young to write home about it. Let's see how this one shapes up in the future. Who knows this just might be the "one".
