but just recently updated to version 7.0 The previous version 6.0 was very nice and enjoyed some nice recognition, hence the need for this post. The EA Shark's claim to fame is its low risk setup. According to the website we will never risk more than 2 pips per trade. Also the probability of a trade uses "dozens of calculations" using such conditions as:
>Average and actual market volatility
>Overbought and oversold levels
>Artificial neural networks
>Volume and spread analysis
>Statistical data correlation
So this all equates to a completely "hands free emotion free" trading experience. The system operates on the EUR/USD and the GBP/USD. Live results can be followed as well by clicking below
Backtests are also present on the site which include both 90% and 99% modeling quality. Let's review the 99% backtest results shall we.
Profit Trades 59.97% Total Trades 1469 Relative DrawDown 4.17% and a Profit Factor of 4.87
I have highlighted the parameters that I really like especially the DD of 4.17%.
The cost of this system is around $269 and there is the possibility of a refund if the system does not work well for you and your broker.
