True or Dare EA

True or Dare EA

4.6

Backtesting Results

5.0/10

Strategy

6.0/10

Draw Down

5.0/10

Easy To Use

6.0/10

Author History

6.0/10

EA Purchase Price

2.0/10

Rental Price / Options

2.0/10

Forward Testing Results

5.0/10

Concerns

  • Another high risk martingale ea
  • The author is blocking proper backtesting and claims that backtesting results cannot be trusted. We believe that there is a reason for that.
  • The purchase price is quite high without any rental options provided. This is also another red flag for us. Also, notice that the author has other similar high risk EA's listed on MQL5, such as StoneBreaker.
  • Use extreme caution

Rating Criteria

Backtesting results – We always use 99.90% modelling quality in our backtests to ensure full accuracy.
Strategy – We pose two questions:, can the strategy work in long term and how risky is it?
Draw Down – We analyse it over along time and look at the causes. Is it steady or just a one time spike?
Easy To Use – Is it just one or two option drop down or do you need to use complex set files to get the best results? Can you trade multiple pairs from one chart? Are there any support issues?
Author History – How long has the EA been on the market, what are the complaints, and how many other successful EAs has the author released previously?
EA Purchase Price – Does the performance justify the price?
Rental Price / Options – Based on the criteria set above, if no rental option is offered or the rental price is very high, it is a red flag for us.
Forward Testing – Does the EA provide forward testing we can use to verify the EA?