Auto Trader X is the latest EA that is creating a lot of buzz in the forex community. Did you take a look at the Auto Trader X. Duane Masterson has come up with shocking proof about his Auto Trader X EA making $1,093,926 in just 93 days. Duane Masterson is not a name that everyone might recognize, but there’ve been plenty of rumors about this guy that were a little on the unsavory side…this really came out of nowhere. One minute I’m sipping my coffee watching the debt situation on CNN…and then my Instant messenger starts going crazy!
$1,093,926 in just 93 days – and Duane’s got proof! I think this might have something to do with the debacle he was involved in with his Wall Street connections. Now, he says that he has been trading forex with no losses for the last two years and all of it completely automated. He says that his Auto Trader X Expert Advisor has had zero drawdown since 2009. You can take a detailed look at the EA live trading results that Duane Masterson has posted online on his site.
How To Test Auto Trader X EA?
If you are interested, you can try the Auto Trader X EA RISK FREE for 60 days as it is being marketed through the Clickbank Vendor System. But, as always, I would suggest first backtest with 99% modeling quality and see how well it could have performed in the last few years. It is a good idea because Duane is saying that he made $1,093,926 in just 93 days. So, what you do is isolate that period and back test it now. If the robot makes around this much during the back test as well than you can say that the statement made by Mr. Duane Masterson is valided.
After that forward test it on your demo account for at least one month. This will give you a fairly good idea about the capabilities of this Robot. If the back test verifies the statement made by Duane and if you are satisfied with the forward testing results, you should open a micro account and trade the Auto Trader X with a deposit of $250! See how much return it makes. My purpose of suggesting a micro account is due to the fact the 1 pip on a micro account is just equal to $0.1. So, you can trade live with a new EA on a micro account and see how much return it can make without taking too much risk. Only trade live with an EA on the standard account once you have thoroughly tested it. So, in my opinion there is no harm in testing this Auto Trader X EA for a few weeks.
Its a scam and a joke. The download link goes to a txt page ya’ll dont waste your time Im already putting in fo ra refund obviously another sulky scammer
extern double PercentRisk =5;
extern int MagicNumber = 98827;
extern int Slippage = 3;
extern int stopLoss = 45;
extern int takeProfit = 15;
extern int ATRPeriod = 14;
extern int ATRBorder = 12;
extern int CCIPeriod = 14;
double mPoint;
bool UseNormalize1Double=false;
double minLots,maxLots;
int init()
{
if (MarketInfo(Symbol(),MODE_MINLOT)==0.1)
UseNormalize1Double=true;
minLots=MarketInfo(Symbol(),MODE_MINLOT);
maxLots=MarketInfo(Symbol(),MODE_MAXLOT);
if (Digits == 5) mPoint = 10.0 * Point; else mPoint = Point;
return (0);
}
int deinit()
{
return (0);
}
int start()
{
if (GetOpenTradeNumber() > 0)
return (0);
// auto adjust the lots based on the account balance
OpenBuyOrder();
OpenSellOrder();
return (0);
}
int GetOpenTradeNumber()
{
int aux = 0;
for (int i = OrdersTotal() – 1; i >= 0; i–)
{
OrderSelect(i, SELECT_BY_POS, MODE_TRADES);
if (OrderMagicNumber() == MagicNumber && OrderSymbol() == Symbol() && ( OrderType() == OP_BUY ||OrderType() == OP_SELL ) ) {
aux++;
}
}
return (aux);
}
void OpenBuyOrder()
{
int TIC;
if (openBuyPosition())
{
if (iATR(NULL, 0 , ATRPeriod, 0) > ATRBorder/1000)
{
TIC = OrderSend(Symbol(), OP_BUY, GetOptimizedLots(), Ask, Slippage, Ask – stopLoss *mPoint, Ask + takeProfit * mPoint, “”, MagicNumber, 0, Gold);
}
}
}
void OpenSellOrder()
{
int TIC;
if (openSellPosition())
{
if (iATR(NULL, 0, ATRPeriod, 0) > ATRBorder/1000)
{
TIC = OrderSend(Symbol(), OP_SELL, GetOptimizedLots(), Bid, Slippage, Bid + stopLoss * mPoint, Bid – takeProfit * mPoint, “”, MagicNumber, 0, Gold);
}
}
}
bool openBuyPosition()
{
double CurrentATR = iATR(NULL, 0, ATRPeriod, 0);
if (CurrentATR > ATRBorder/1000 )
{
if (iCCI(NULL, 0, CCIPeriod, PRICE_CLOSE, 0) = 23.0)
return(false);
double Sar = iSAR(NULL, 0, 0.02, 0.1, 1);
if (Sar > Ask)
return(false);
if (iSAR(NULL, 0, 0.03, 0.3, 1) ATRBorder/1000)
{
if (iCCI(NULL, 0, CCIPeriod, PRICE_CLOSE, 0) > 0.0)
return(false);
}
if (iStochastic(NULL, 0, 3, 3, 1, MODE_SMA, 0, MODE_MAIN, 0) <= 66.0)
return(false);
double Sar = iSAR(NULL, 0, 0.04, 0.4, 0);
if (Sar = Sar)
return(false);
return (true);
}
double GetOptimizedLots()
{
double lots;
double RiskPerAverage=(AccountEquity()*PercentRisk)/100/(stopLoss); //2,0
if ((MarketInfo(Symbol(),MODE_LOTSIZE))==100000)
lots=(RiskPerAverage*0.10);//0,2
if ((MarketInfo(Symbol(),MODE_LOTSIZE))==10000)
lots=(RiskPerAverage*1.00);//0,2
if (UseNormalize1Double)
lots=NormalizeDouble(lots,1); // faz um arrendodamento
return(lots);
}
Im a little concerned Im seeing a txt file when I click on the EA download link something aint right here. Scam???