Brainyforex tested FRPEA for almost a year
Our testing of Forex Real Profit EA was not all on default settings for the whole time period of testing. From 13 March 2017 to 17 July 2017 default settings and currencies were used on our demo account. The system was showing a small profit of about 1% per month during this time but this profit would not have been as much on a real trading account due to market fills being worse on a real account vs the demo account.
From 18 July 2017 to 8 February 2018 custom settings and currencies were used with increased risk settings in order to try and improve on the default settings and currencies. Unfortunately, this resulted in the system producing a loss during this time.
Overall, the system made 261 trades, 154 were winners and 107 were losers. The beginning demo account started with $5,000 on 13 March 2017 and finished with $4,967.32 on the 8 February 2018, just one month short of a year of testing.
FRPEA software functioned perfectly over our time of testing with no known failures of any kind. It is also good to hear that a new improved strategy has come out from the beginning of 2018.
Brainyforex verdict about this system is that it is worthwhile giving it a try with recommended settings and currencies and a ecn broker account with low spreads / no spreads. The right choice of broker and account type is essential for any chance of success.
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