Forex Software — Freebie EURGBP is great

Re: Freebie EURGBP is great

2025-10-08T18:24:16Z

My apologies, I'm still learning EA Studio. It looks like I forgot to reset my account size from 100k to 10k. Now after doing that, the position size is reduced to 0.34 Lots - in order to achieve MaxDD of 5% on the account. That sounds a lot more realistic!

I'll read through your ideas Jurgen and I appreciate your input.

Re: Freebie EURGBP is great

2025-10-08T17:05:23Z

Hello Jurgen,

1. Please, keep good manner and respect the forum members opinion. Please!

2. I completely agree with you.

People really need to stop treating EA Studio backtests like they’re proof of robustness.
They’re not.
EA Studio is a research tool, not a performance guarantee.
Its purpose is to help you understand the internal logic of a strategy and to apply every robustness filter possible Monte Carlo, OOS, and horizon shifts.
But even then, it’s only a starting point.

EA Studio, Ex Gen, and FSB are excellent tools. They greatly facilitate the traders.
However, Traders are profitable, not the tools .

EA Studio is a tool for creating joy and inspiration. The trader creates and manages the profitable strategies.
I understand that trading requires professionalism and a huge dedication.
That's why I greatly respect your hard work.

Have fun and profit!

Re: Freebie EURGBP is great

2025-10-08T17:02:26Z

Looks excellent to me.

I don't know of any improvements to make.!

Freebie EURGBP is great

2025-10-08T15:58:31Z

I've been working with this Freebie EURGBP (one of the Top3 from the Top10 app I believe) and this is looking great!

I am using Baazex-Demo data which is the same brokerage iFunds uses. I'm testing on a $10k account.

In my testing, the M30 is best. I'll include my strategy file below or you can just download the EA from the Freebie section.

I've adjusted entry lots to 3.44 which equates to ~5% max drawdown in the tests.

Look at all those green months!