MyFxBots
Updated on Sat Dec 14th, 2013

Joker EA Review Introduction

A scalping robot on trend pullbacks, resembling WallStreet Forex Robot. While its TP is set at 35 pips from the entry, it prefers to close most of the trades at 2-4 pips in profit and rarely keeps a trade running its full course. Its SL is set at 70 pips

License

Single: 1 live account, 1 demo account.
Full: 2 live accounts, 2 demo accounts.
VIP: 3 live accounts, 3 demo accounts.

NFA compliance

Yes.

Supported Currency Pairs

EUR/USD

MT4 Chart Timeframe

M5

It's important to note that the Joker EA SL hits seem to occur sometimes clearing a considerable portion of the profits despite it seems to be displaying an overall ascending balance. Given its profitable trade average size, it is just suitable with brokers providing very good spreads and execution.

Dukascopy tick data backtests

The data set that the backtest run through, was obtained from the Dukascopy tick data archives, extends along the whole available 2007-2013 period and is using real spread.

Joker EA v1.4 2007-2013 EURUSD tick data backtest, real spread, default settings, AutoMM 3

Joker EA v1.4 2007-2013 EURUSD tick data backtest, real spread, default settings, AutoMM 3
Backtest Summery View Full Backtest MyFxBook Analysis
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Talk about Joker EA

Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.