📊 Test results of MiloBot PRO Expert Advisor for NZDUSD currency pair 📊 – Trading System – June 5, 2024
The most common questions from all our customers are: “How do I know whether an Expert Advisor will be profitable before purchasing it?” Testing an EA against the records and signals of a real account on which it operates is the only thing you should resort to before purchasing an EA. We will explain with a test case of MiloBot PRO Expert Advisor how to understand that Expert Advisor actually makes money.
In the image you can see an example of the MiloBot PRO Expert Advisor report for the period from January 2020 to May 2024 for the NZDUSD currency pair. Let’s take a look at what to look out for in these reports.
1) Net profit of expert committee members.
It’s no secret that everyone buys an Expert Advisor for profits first, so we always put profits criteria first. According to MiloBot PRO Expert Advisor’s report, the net profit amounted to $50,532. It is important to note that professional advisors trade multiple currency pairs at once, resulting in increased profits. If you want to test your Expert Advisor trading multiple pairs at once, we recommend doing a test on each recommended pair. You can find all recommended pairs from MiloBot PRO Expert Advisor here.
2) Stable profitability of Expert Advisor.
After noting gross profit, it is worth considering the criterion of stable profit. After all, it is not enough to simply make a profit, a good Expert Advisor must do this reliably, providing users with a constant increase in their deposits. To understand whether the Expert Advisor can bring you stable profits, the report has special graphs that show the profit/loss ratio for each trading month, week and even day.
MiloBot PRO Expert Advisor is designed for customers who want to install Expert Advisor on their charts and generate stable profits. So if you look at the report you can see this because every month EA made more profits than losses. Stable profits always play an important role in trading. Because this indicator allows us to understand that the professional advisor not only made profits, but also systematically increased his capital by making profits.
Now that we’ve covered the most important issues, you can test MiloBot PRO Expert Advisor for yourself. It’s important to familiarize yourself with the recommendations for your account before testing.
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