More than 90% of Forex VPS users are Forex EA traders. There are tens of thousands of EAs available in the market, with new ones emerging every day. We invited the professional traders from TheDailyFX.UK to evaluate some brand new or impactful EAs. Their unique trading strategies have been published in the Journal of the UK Society of Technical Analysts and the Journal of Stock&Forex Trading (ISSN 2168-9458), and were also forwarded by the Quarterly Newsletter of the International Federation of Technical Analysts (IFTA). Whether you are our VPS user or not, we hope their extensive knowledge and trading experience could provide some assistance for your trading. 

1. Evaluation Method:
– Regular Tick data Backtesting ( Tick data source: Dukascopy)
– Shift the data to 28-year ago or Shift the price, which can effectively identify some Scam EAs.
– Myfxbook analysis.

2. Evaluation Conclusion:
Based on transparency, fairness, and impartiality, they only list the Backtesting, without making any conclusive judgments; readers can make your own choices.

3. Customized Test:
If you have new settings (setting files) for any EA we have tested, please send them to us directly, and we will conduct a re-evaluation. As well as, if you want us to review any other EAs, please also let us know. It’s a total free service.

Goldex AI

To sum up, our backtesting results significantly differ from the data provided by the EA Vendor.

Big Forex Players

To sum up, our backtesting results significantly differ from the data provided by the EA Vendor.

Richter MT4

To sum up, this is a typical scam EA.

AI Gold Snipper

1. By comparing the results of the “Go Back 28-year” Tickdata Backtest, the EA Vendor removed many losing trades, not only achieving a 100% winning rate for short trades but also making the backtested equity curve appear perfect.

2. This EA trades only gold, with a profit of only 2 USD per trade. If trading on a real account, it is important to fully consider the potential impact of slippage on the account.