Trading style: trades in sets of two simultaneous scalping trades in the direction of the trend, one with an 8 pip TP, the other 13, both with a stop loss of 26 pips. Multiple such sets can be open at once (up to 3 by default, totaling 6 trades).
Currency pairs: EURUSD
Timeframe: M15
Expert Advisor price: €249 – recurring yearly subscription (includes 2 other systems from the same vendor)
License: 2 live accounts
NFA compliance: not compliant with the FIFO rule
Refund policy: no refunds
Read more at the Forex EAs website

Buy Forex EAs Trend Scalper

Birt’s forward test

Settings: default, Percent Risk 0.5
Started: 27.11.2011
Stopped: 14.06.2014 (no longer available for sale, only as a managed account service)
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Current version: 7.78

[myfxbook_image user=birt system=forex-eas-trend-scalper id=198312 desc=”Forex EAs Trend Scalper live forward test”]

Official account

Settings: unspecified
Started: 2012.01.25
Broker: Institutional Liquidity LLC
Account type: live
Deposits: $1000

[myfxbook_image user=fe_trend_scalper system=fe-trend-scalper–live id=253239 desc=”Forex EAs Trend Scalper official ILQ live forward account”]

Settings: default, Percent Risk 0.5
Started: 20.10.2011
Broker: ThinkForex
Account type: demo
Deposits: $10000
Note: older demo, seems to have been stopped when the live account was started

[myfxbook_image user=forex_ea system=fe-trend-scalper id=190403 desc=”Forex EAs’ Trend Scalper official ThinkForex demo forward test”]

[myfxbook_note]

Backtests

Forex EAs Trend Scalper v4 EURUSD 1999-2011 backtest, history center data, spread 1.4, default settings, PercentRisk 0.5

Forex EAs Trend Scalper v4 EURUSD 1999-2011 backtest, history center data, spread 1.4, default settings, PercentRisk 0.5

Forex EAs Trend Scalper v4 EURUSD 1999-2011 backtest, history center data, spread 1.4, default settings, PercentRisk 1

Forex EAs Trend Scalper v4 EURUSD 1999-2011 backtest, history center data, spread 1.4, default settings, PercentRisk 1

Forex EAs Trend Scalper v4 EURUSD 2007-2011 backtest, tick data, real spread, default settings, PercentRisk 0.5

Forex EAs Trend Scalper v4 EURUSD 2007-2011 backtest, tick data, real spread, default settings, PercentRisk 0.5

Forex EAs Trend Scalper v4 EURUSD 2007-2011 backtest, tick data, real spread, default settings, PercentRisk 0.75

Forex EAs Trend Scalper v4 EURUSD 2007-2011 backtest, tick data, real spread, default settings, PercentRisk 0.75

Note: for some reason, in backtesting both trades in a set have a TP of 13 pips. Trading live, they correctly have a TP of 8 respectively 13 pips.

After running the above backtests, I settled on a PercentRisk of 0.75 for my live forward test account. It seems to result in nice gains with a drawdown of only ~15%.