ELM EA Review Results Myfxbook

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ELM EA

Metatrader 4/5

Strategy:
Scalping
Broker:
Any ECN/DMA
Minimum Deposit:
100$
Currency pairs:
6 Majors+ 20 Cross

The best scalping EA that shows a stable return and increased profitability.

Profit Factor

Expected DD

Prob of winning

ELM EA Features

Average Win - 12 pips

Average Loss - 7 pips

No martingale
SL and TP in every trade
TP is always greater than SL, positive mathematical expectation
Strict rules for opening trades

Download Free Version

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

Read full before use ELM EA

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#FP Markets

I can not be sure what is the best broker for ELM EA. When working with them I noticed a lot of unstable orders. It took me a while to set up EA to trade profitably with this broker. Unstable execution, which depends on unknown to me factors 🙂
Also Clients ask me what VPS server I use for trading. As strange as it might be for you, but I use a UK data center server Equinix LD4.

#Tickmill

In my opinion, the broker tikmill is one of the most popular brokers among my clients. In the periods of early 2022, I was sure that about 300 copies of my algorithm were running on accounts with this broker.
The most successful clients are those who are in Pro status and trade under FCA regulation.
FCA does not allow any unnecessary manipulations with order execution and therefore the results are always stable. The Trader Pro status allows you to use a leverage higher than 1:30.

#Ic Markets

One of the most popular forex brokers in the world. But its popularity is due to one single factor, they gave a leverage of 1:500 to all residents of Europe, bypassing European laws.
Personally, I don’t like IcMarkets. Before, when they only had mt4 accounts, the quality of their execution was awful.
Now I trade with ELM EA with this broker on MT5 account only. If choosing between Icmarkets and Tickmill, I would prefer Tickmill. Stability of trading conditions in Tickmill is much better.

#ActiveTraders

Activtrades is one of the oldest forex companies available on the market today.
In all the time I have worked with this broker, I have had the greatest number of happy cases when clients from a small capital made good profits on trade during one single NFP.
So I would recommend coming here to those who want to take a chance and try their luck in profiting during news releases.
After more than 10 years with this company, I think they can be trusted.
ELM EA shows good results with them.

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