This article is obsolete and no longer maintained.
Trading style: watches for breakouts and opens baskets of up to 7 trades in an attempt to capture an emerging trend. It uses dynamic stop loss and take profit targets. The EA only trades when a new bar is formed.
Currency pairs: EURUSD
Timeframe: M15
Price: $279
License: 3 live accounts
NFA compliance: yes
Refund policy: 60 days unconditional (Clickbank)
Read more at the Cutting Edge Forex website

Buy Ascent

Birt’s forward test

Settings: v2.1 defaults (MaxPositions 10) with risk 0.4
Started: 17.02.2013
Stopped: 14.06.2013 (no longer has an affiliate program)
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Current EA version: 2.1

Cutting Edge Forex Ascent live forward test

Official accounts

Settings: default
Started: 07.02.2013
Broker: Profiforex
Account type: live
Leverage: 1:100
Starting balance: $1000

Cutting Edge Forex Ascent official Profiforex live account #1


Settings: unspecified
Started: 05.02.2013
Broker: Profiforex
Account type: live
Leverage: 1:50
Starting balance: $7424

Cutting Edge Forex Ascent official Profiforex live account #2

Backtests

Dukascopy tick data

Both backtests were ran on Dukascopy tick data using real spread and spanning the whole 2007-2013 interval. I ran two of them because the default settings of the EA changed soon after its release. The second backtest is using the settings that are the most recent at the time of this writing.

Ascent v1.1 2007-2013 EURUSD tick data backtest, real spread, old default settings
Ascent v1.1 2007-2013 EURUSD tick data backtest, real spread, old default settings
Ascent v1.1 2007-2013 EURUSD tick data backtest, real spread, new default settings
Ascent v1.1 2007-2013 EURUSD tick data backtest, real spread, new default settings