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Bonnitta EA
Overview of Bonnitta EA
- Bonnitta EA is an advanced trading robot based on a proprietary algorithm and Pending Position strategy (PPS).
- It utilizes custom indicators combined with price action techniques like trendlines and support/resistance levels.
- This EA is particularly designed for dedicated traders, as it promises substantial returns after thorough testing.
Performance and Testing
- The EA has demonstrated exceptional results, reportedly turning an initial deposit of $1,000 into over $3,800,000 within a year on the EURUSD pair.
- Long-term testing has involved real market conditions over a span of 22 years, yielding consistent performance despite slippage and commissions.
- Expectations include automatic money management with a drawdown of around 28%.
Features and Specifications
- MultiCurrency trading in one chart is supported, offering enhanced flexibility.
- Includes a built-in news filter and automatic GMT time adjustment for optimal trading conditions.
- Recommended settings include a starting deposit of $1,000 and the ability to trade multiple currency pairs simultaneously. ⚖️
Broker and Execution Quality
- The EA has a mechanism to assess broker execution quality before placing any trades, adding a protective layer against potential broker exploits.
- Statistical control algorithms help monitor slippage and ensure trades are executed under favorable conditions.
Buying and Availability
- Bonnitta EA is priced at $5,500, targeted towards a limited number of buyers to preserve its effectiveness and exclusivity.
- A free demo version is available for download but is only compatible with PC, ensuring potential buyers can assess its capabilities firsthand.
User Experiences
- User reviews vary, with some praising the EA for profitability while others reported mixed results after live testing.
- There are indications that software updates have significantly impacted performance outcomes, raising questions about reliance on backtesting alone.
- While many users express satisfaction, a notable segment raises concerns regarding the consistency of profits over time. 📈
Cautions and Recommendations
- Purchasers are advised to conduct comprehensive backtesting and to continue testing on demo accounts prior to going live.
- It is important to avoid non-official versions of the EA, as the algorithm is designed to detect piracy attempts and may lead to malfunction.
- For new users, understanding the underlying mechanics of the EA is critical to avoiding emotional pitfalls during trading sessions.
Bonnitta EA claims to be the holy grail of automated trading, but is it the secret potion of profit or just another mirage in the desert of Forex? Join us on this rollercoaster ride as we explore the glittering promises clutched in the software's marketing and the murky waters of ...
Release Date: 07/06/2021