by Fritz
(brainyforex.com)
This extreme short term scalper EA was successfully tested at brainyforex on IC Markets demo account. Only works on nil or low spread brokers with the fastest VPS latency speed. Only holds trades a few seconds.
The risk settings were dramatically increased from 0.005 to 0.02 half way through testing to push it's limits. It traded very well starting on 6 July 2012 $3,000 to 16 April 2013 $17,157.20 closing balance. Being net profit of $14,157.20 over 285 days. 471.9% overall profit, being 20.5% monthly. Made 107 winning trades and 115 losing trades. 7 months winning and 3 losing months.