ELM EA Review Result with different broker
ELM EA is a highly accurate scalper trading robot. The speed of the algorithm, the calculation of all the necessary conditions for making a decision to open trades occurs once every 1 -1.5 ms.
How many computing operations EA performs in a second, you can calculate by yourself 🙂
To make a decision to open an order, EA uses the following parameters in its analysis:
- Input parameters (TickVolume, TickPulse, Calc method and etc.)
- Trading conditions (Ping/Spread/Speed of execution/Slippage/Os speed etc.)
- The quality of a broker’s tick stream. Tick density, the higher the better.
- Trading platform.
- Sometimes even the build of the trading platform can affect the quality of EA.
Here I show and tell you the results of the ELM EA when working with different brokers.
These results are achieved by me, on my trading accounts, on my servers, with the trading conditions that were provided by the broker for my account, with the settings that I set up on my account.
If I see that the situation in my account deteriorates or the trading results differ from what I would like to get, I change the VPS server, change the EA settings or change the trading modes of the algorithm.
In the aggregate of all these factors that I described above, the results between your and my trading account may be different. In some cases you may have more profitable trades, I may have more losing trades. You have no trades, I have trades. You are in profit, my account is in loss or vice versa. Trade results may differ completely or differ by 30-40%.
This is scalping based on tick volume analysis. Identical trading results, you can get only if your Expert Advisor trades on the principle, opening a new trade on a new candle. When trading with the ELM EA it will not work like that!
Even if I try to achieve two identical trade reports from different trading platforms. I will most likely fail.
I am a trader just like you. I do not know where the market will go, I only trade with the tools I have. All the information I need is on my resources.
So, if you have no trading experience, if you just came to study Forex – start studying this market with the simpler algorithms. Simpler algorithms, that’s exactly where you need to learn algo-trading.
If you downloaded one of the ELM EA versions and you can’t achieve exactly the same results in your account when trading from your home PC, you shouldn’t write me angry letters and accuse my algorithm of not working for you.
Try to figure it out on your own or just email me and I’ll help you!)
Best Regards
Jared Winston @develonbot
#Just2Trade
One of the best trading results of ELM EA in 2023, when trading with Just2Trade broker. This result is made possible by the use of advanced algorithms and continuous optimization of our trading robot.
Our users have already noticed the incredible possibilities of ELM EA. It is amazing how quickly the robot adapts to market changes, allowing you to maximize profits and minimize risks. It works 24 hours a day, 7 days a week with no interruptions based on strict money management and risk control algorithms. Aggressive set file and ELM EA Pro 2.1 version were used for trading
#Forex4you
Trading is very difficult because of unstable conditions at Forex4you broker. Decided to optimize bot settings by making them different from default. Not giving up, I am striving for success and I believe that improving the strategies and settings of ELM EA will help me to achieve high profits. Trading is my passion and I am ready to overcome any obstacle to trade Forex successfully.
#ActiveTrades
An important advantage of ActiveTrades is the wide offering of trading conditions. Spreads were low and payouts were competitive, allowing me to get the most out of my successful trades.
However, like any broker, ActiveTrades also has some drawbacks. I often encountered small problems with the speed of order execution, especially during times of high market volatility. This sometimes led to situations where my orders did not execute at the desired price, which could affect my profitability in the end.
It’s also worth mentioning that ActiveTrades required some withdrawal fees. This was a bit of a frustration as I prefer to keep the maximum share of my profits.
Overall, ActiveTrades gives me a pretty good forex trading experience. Despite some drawbacks, I believe that ActiveTrades provides a reliable and professional forex trading environment.
#VantageFX
Thanks to its high order execution speed, the ELM EA can react faster than a human and perceives market signals instantly. This makes it capable of making decisions and opening trades with minimal time lag. VantageFX offers profitable trading conditions and high quality of order execution, which is very important for opening quick trades.
Risk control and capital protection is another big advantage of ELM EA. The robot offers various methods for managing the size of positions and stop-losses, which allows you to protect capital and minimize losses.
Consequently, thanks to great work and reliability of ELM EA and good trading conditions from VantageFx I was able to make over 100% profits, while keeping control of my capital risks and minimizing my emotional factor errors. The robot allowed me to increase my profitability and diversify my investments.