Unknown T.
I wrote a review on Sept 4th of this…
I wrote a review on Sept 4th of this year giving a 5 star experience. As of today I can not say that I can fully recommend this EA. The EA was doing great untill the last few days. I have been told the that EU was very stronge to the USD and the EA kept putting in sell orders. But the USD just kept going up not the direction that was needed to make a profit. My account was not strong enough to last untill the market did come down. The market did finally start to come down but not untill I lost all I had won over the last 9 months and half of what I had invested. I still have high hopes for this EA but I will be taking out some of the winnings the next time. I am glad that IQ was able to get alot of data maybe it will help prevent something like this from happing again. When this EA starts trading again I will start with the bare minimum This is an update on this review. I now have been trading with this EA for 4 more months. I am just now very close to the amount that I started with. I see that IQ ea. wrote a little note stating that the draw down is 10 to 15 percent. I assure that my FX Blue shows a peak drawdown of 87.0%
Response from iQ EA Forex Cloud TradingOct 9, 2024
Thank you for sharing your experience! Our AI is continuously learning and adapting to the ever-changing market conditions to help ensure that drawdowns remain within the 10-15% range. I believe this approach allows us to move forward with confidence. A certain level of drawdown is inevitable in Forex trading, and it's an essential part of the process.




