Review of the DNA FX EA
|EA Name||Currency Pairs||Timeframe||Strategy||ECN||4&5 Digits||Take Profit||Stop Loss||Home Page|
|DNA FX||EurUsd GbpUsd||15 minutes||Swing||No||Unknown||Dynamic||37 pips||DNA FX Trading|
Performance (DNA FX EA Test Results)
The DNA FX Expert Advisor is sold for 299$ through Paypal
DNA FX Strategy
The DNA FX has a verified myfxbook account which was started on Nov 7th 2009. The EA appears to execute an order with a stoploss of 37 pips for both EurUsd and GbpUsd along with a trailing stoploss which gets activated once the price gets moving in favour of the trade.
DNA FX Recommended Brokers
While their website does provide a backtest for both GbpUsd and EurUsd pairs from 2001 to 2009. The EA equity curve does seem to zigzag its way up, and if the EA gets activated on an account starting from the top of the zigzags, the account will sink into losses. However, The DNA FX still does seem to recover from every major drawdown it printed so far since the EA test was started 10 months ago on a REAL account.
One Major Flaw about this System is that it does not identify its own trades, which means you can’t do any manual or Automated trades with any other system on either EurUsd and GbpUsd. (No magic numbers in code)
Safe To Buy?
If they were not using Paypal as a payment method I would have marked this with a big green YES!
DNA FX Overall Rating