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Expert Advisors / Robots Discuss and review the different forex EA and robots on the market for Metatrader 4 & 5 (mt4 / mt5). Plus live bot testing from John.

EMALGO


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  #1 (permalink)  
Old 29-07-2011, 02:07
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Default EMALGO

Any Experiance with this EA

http://tinyurl.com/EMALGO

Shiva
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  #2 (permalink)  
Old 29-07-2011, 03:07
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EMALGO Looks interesting. Somebody here was asking about a good swing trader ea. Maybe this is it. I think the 50% discount is marketing hype. Also on that note if you have a small account size than the monthly subscription may not be a good option. Having said all that. The stats seem very solid.

10% monthly is very nice for any ea! Imagine if you are running 4 ea's that are all consistantly earning 10% monthly. voila! 2% a day! That is a fantastic portfolio even by George Soros standard.

Here is the link: http://tinyurl.com/EMALGO

1:2 risk reward as a minimum is very very nice especially with a 70% strike rate.

Trading EUR/USD on H1. One thing is for sure EU is a very trendy pair and if this ea is good at hitting homeruns than I think there is potential there.

Looks like its a Plimus product so that is good. The developer offers 30 days money back. I don't know if there are any strings attached though???

Anyway looks decent. I will have to reach out to the developer and see if I can dig us up a test copy

Are you running this one or are you just considering it, because if you do buy it I would much appreciate it if you could keep us up to date on the results.
Thanks,
John
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Old 29-07-2011, 16:48
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Okay guys/gals EMALGO-MetaPRO Team was gracious enough to give me a review copy to evaluate.

Thank you Emalgo Team!!! I am very excited to set this up. I can't wait till Monday. August may not be the best month to start reviewing an ea but it seems this ea is "adaptive" and so it will be a good test of EMALGO's skills

Thank you Skylion for starting this thread. I will post a link later.
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Old 30-07-2011, 02:46
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Guys,

Just a word of caution on MetaProForex. I tried their FXCore EA back in April under the 30 days refund guarantee, asked for a refund because it didn't perform and am still waiting! I've asked five times about this but now they won't reply to emails. Not a great way to treat customers.
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Old 01-08-2011, 11:43
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Emalgo came alive with her first trade.

EUR/USD long for +8.8 pips. I love when a first trade is a winner!
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Old 01-08-2011, 11:48
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In case anyone wants to test with me

http://tinyurl.com/EMALGO
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Old 02-08-2011, 14:07
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Emalgo has had 2 trades now and both closed in profit! Each profitable trade was aprox. .5% to the plus side. The net total of both trades is 17.5 pips.

I will certainly keep you guys updated.
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Old 02-08-2011, 16:42
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Good news from Metaproforex regarding my previous post. They have explained what happened with the refund from April and offered EMALGO as a direct replacement. Good on them!
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Old 04-08-2011, 01:51
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Im glad they sorted it out.

As for Emalgo wow she is on FIRE!!! so far 5 trades 100% accuracy and a cool total of 45.8 pips and 2.12% gain on my account. All since Monday.

Very nice indeed!
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  #10 (permalink)  
Old 04-08-2011, 12:45
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Emalgo just took her first big hit [COLOR="Red"]-140.6[/COLOR] ouch!
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