Advanced EA Tactics Review
Publisher: AdvancedEATactics Manager EA
Website URL: http://www.advancedeatactics.com/
Review Of Advanced EA Tactics
I came across a new product that was introduced to me through a forum I am on.
It is called Advanced EA Tactics and it is supposed to control any commercial EA and make it more profitable, I was very intrigued and went to check out their website www.AdvancedEATactics.com – since I only trade with Expert Advisors.
The Advanced EA Tactics website is nothing flashy and is very informative and extensive in explaining what their Manager EA will do for your trading.
Their is plenty of examples showing how the Advanced EA Tactics product can override or add to a commercial EA’s take profit, stop loss or trailing stop value as well as apply a break even or partial close to the EA.
But the most important piece seems to be the so called “Advanced Money Management Override“. They talk a lot about the exploration of the statistical distribution of consecutive losses and how their Manager EA can add to the trading lot size at specific levels that have a higher win rate based on that historical loss distribution.
There is quite an extensive example section explaining this and it makes a lot of sense.
I have tried this Advanced EA Tactics Manager EA and have found it to be an extremely useful tool. I now use it to partially close the trades of one of my commercial EAs since it has been missing it’s Take Profit target a lot lately and then I also add a trailing stop – 2 things that I could not do without the Manager EA and it seems to improve the overall result.
But I am even more amazed using the money management override. I am using it with one of my older EAs – the Nuke 2.0. I had shelved this one since the performance was only ok. The example settings for this EA can be found through the vendors free forum and now the Nuke 2.0 EA trades with a higher lot size after it has lost once. They call this a recovery trade and it has a high winning rate because the 10 year backtest shows that the amount of only one loss before winning again is over proportionally big compared to the higher loosing streaks…..
Sounds a little bit complicated but is really simple once you understand the concept.
The Advanced EA Tactics vendor also includes an extensive 35 page manual that explains everything in detail.
Personally I think that this little tool opens up a lot of doors in trading – if you trade with Expert Advisors you now have the chance to improve and change the EAs behavior giving you a whole new level of control.
Advanced EA Tactics – I own it, I use it and I recommend it.
Preview Advanced EA Tactics Manager EA site to review: