BJF Trading Group is offering huge number of EAs for sale as well as coding service for 3rd parties. However their prices are way too high.

The Stomper EURGBP (Forex SCALPING SYSTEM) which is a "fapturbo system clone" trades the EURGBP M15 pair. They are selling it currently for $1125 USD (!). They are also talking about brokers widening spreads: Attention! Due to the world crisis circumstances major brokers had temporarily widened spreads. From our conversation with the broker representative we assume that this measure is temporarily. The list of brokers who have NOT widened the spreads and on which the system CAN currently work: altrade.co.uk, migfx.ch, velocity4x.com, odlmarkets.co.uk, fxpro.com etc.

Today I would like to review the Multi-scalping EA from BJF Trading Group (or profxtools.com? no idea who developed that because it seems they have a huge network of websites and I am bit confused) which costs nearly 1 thousand dollars. It is trading 4 pairs and the backtest really honest and match the website's backtest. The Ea is a combination of 4 systems that trade M5, M15, M30 and H1.

The backtest looked sexy and I placed it on real time forward test which really dissapointed me. From the biginning the balance went to minus and even after 1 month still stays below starting deposit... Check out my statement here. Broker Alpari US. Trading all 4 currencies with default settings.