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Hi everybody
I leave here an ea that by backtesting seems profitable, I took it out of traders union website; I need your help to understand the settings especially what is the meaning of sx_mode and sg_mode. I leave the eae in .mql4 so that you may also read the code
thx in advance
https://www.nigeriaforextrading.com/...1669298059.mq4
I ran a couple of quick backtests for you using the EURUSD 1 hour chart starting from 1/1/2010. With a $1000 account it blew up within 2 months. With a $10000 account it took about 5 years to blow up.
https://www.nigeriaforextrading.com/...1922791360.jpg
A quick Google search revealed that this a Martingale style EA. Sm_mode enables a stop-loss and sx_mode allows hedging. Sg_mode has got something to do with detailed settings? Whatever that means. Regardless, do a backtest within a really long time period and you will likely notice it blow up.