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Hi project-EVA,
I just visited your website, clicked on performance, but I could not see any forward-testing results of your EVA ea at all?
Please share your forward-testing results of this ea so that we will consider to join your service soon. You have any live testing on MYFXBOOK.COM? Please share.
Thanks a lot
James
Hi James,
EVA is a cross-currencies trading system that hedges EUR/USD and USD/CHF to profit. Current MT4 strategy tester does not support back-testing of EA algorithm that trades and hedges across currencies. Therefore, one can only forward-test EVA.
EVA is a community service project open to all to use for FREE, with the aim to help promote contributions to charity. It is not a Forex investment scheme, therefore we chose not to publish performance information. The last thing we want is to get into endless debate on the claimed performance. Instead, we think the best thing to do is to allow everyone the ability to forward-test the system themselves by providing FREE download of the trading system, for as long as one like, to gain first-hand experience on its performance.
As it is a FREE service, EVA is offered on 'as-is' basis, i.e. we do not guarantee performance, neither do we intend to project it. Besides, past performance does not indicate future results, so we do not see a point of projecting future performance. All we can say is that it has been a profitable trading system.
We do not charge any of these fees others are charging: one-off licensing fee, setup fee, hosting fee, subscription fee, management fee or XX% of profit-sharing, i.e. you keep 100% of your profits. All we ask from beneficiaries of this FREE service is to donate 10% profits generated to charity organisation of their own choice, on voluntary basis. Hence it's called a "Pay It Forward" community service.
So, we would recommend interested parties to do one of the following:
1. Download & forward-test EVA's performance to gain first-hand experience of the system and its performance, for FREE and for as long as you like, OR
2. Cut-short the process by participating in live trading using EVA with small risk capital (one can start from as low as USD $1,000).
About which option is better, we leave that to you to decide at your own comfort level / pace.
-Joe
Project-EVA
Hi Project EVA,
Just a easy question,
I just see the .ex4 files, any body know how to use this? I thought it should be a mq4 file...
Sorry, probably I am missing something here, I am new in this eAs world!
Thanks!
User's signature
Intolerance is evidence of impotence.
That is not true.
Please tell the truth to the forum members.
MQ4 file is a open source file wich can work in MT4 platform.
However ex4 file is a compiled file that hides source code.
When you add a .mq4 file to the metatrader 4 platform then a .ex4 file is generated.
But when you add a .ex4 file then the mq4 is NOT generated.
project-eva wrote:
Hi horusproject, The MQ4 file will be created when you run the EA in MT4.
Project-EVA
It's great to hear that the EA is free for the community to use, with an option to participate in Project-EVA for managed services. Your dedication to charity contributions and the 'Pay It Forward' philosophy is admirable.
Jay, as project-eve mentioned, you can use the EA in demo and live accounts. It's an excellent opportunity to test it thoroughly and become comfortable with its performance before considering live trading. If you encounter any issues or have questions, feel free to ask for assistance in the forum.
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