My Thoughts on the AI Gen XII EA and What I Would Consider Before Buying

[@bacbou939]

I can't watch the video now, i will watch it later. I'm using this EA on a demo account on a VPS for 2 weeks now. Until now 4 consecutive TPs and yesterday the first SL. The Problem is TP is 70pips and SL is 320pips. So i lost more (demo) money than what i won. To be profitable the EA needs 6 wins for every single loss which is extremely hard to achieve. I'm still testing and i will keep you up to date.

Thanks for the feedback!! Would love to hear some more updates if you don't mind. It can still be profitable in the long run but (in my opinion and from my experience) definitely not even close to the backtesting results. Time will tell.. ;)

[@abdulrizal7083]

I have bought this ea for 2 weeks and it is amazing, it has already made a profit of 40%

Great to hear! Please keep us updated :)

[@milkovivaldi]

Storm is arriving

[@DavidSmith-uq4mj]

bot comment , or another newbie who is heading for a crash course.

[@milkovivaldi]

My opinion is that this ea is made on purpose in a professional way (often even with useful things like the colored panel) to catch poor unaware people who do not know the world of trading.

[@DavidSmith-uq4mj]

Hi Rene @15:23 backtest spanning from January 2020 to 2024, crunching the numbers over a total of 417 trades across four years-that averages out to about 104 trades each year. I've got to say, the results they're pushing with these tests are not just optimistic; they're flat-out fantasy. We're talking about turning $10,000 into a cool million, which is not just a stretch, it's potentially misleading for anyone new to the game. The equity curve they show is a major red flag on its own. It paints a picture of profits that just doesn't hold up in the real world of trading. And the net profit figures? Pure illusion. It really does seem like the forex scene is flooded with traders who, driven by greed, keep falling for these too-good-to-be-true Expert Advisors. It's a tough scene, with too many new folks getting blinded by greed and missing the logical pitfalls. These types of EAs prey on that all too well.

[@ujjwl6797]

Hello rene please review Gold trading AI it's on second place on mql its stoploss is also small and have 100% winrate on live signal as of now

[@dunknow9486]

Are you teaching AI coding in your course?

Nope

[@milkovivaldi]

7:00 Each account is 1 signal?

[@sanelengidi7824]

This EA have no risk management when the are wrong on a single trade can seriously blow your account, just imagine after 2 losses u gone after winning 100 trades..

[@main_char]

i made ea that profitable in every ticks but its not profitable in every tick based on real ticks, is there any solution or that strategy is not profitable at all

Every tick based on real tick is more accurate from my experience

[@fxsurgeon1]

Yes, it's possible that your EA is not profitable at all if "Every tick" differs from "Every tick based on real ticks". I can tell you made a scalping EA with trailing stop which "exploits" the tick generation principles of Metatrader's backtester.

[@fxsurgeon1]

You should create strategies which trigger on new bar open.

[@phucwall121]

The drawdowns are so big :((. These "AI" aren't trustworthy