A new test copy of BRM-v6 EA ...

Hi Traders ...

I got many requests from traders asking me to test BRM-v6 EA before decide to purchase their own copy. To make things easier from both of us, I will upload a new test copy works for a week by tomorrow evening. There will be a pfd instructions file. I'm still preparing it.

So, please keep an eye on the blog to download your copy. I wish to make the copy works for both demo and live accounts but for the account security reasons it will work on only demo ones.

Please be advised that if you have a limited capital and want to try the EA on same of your live account capital conditions, you need to scale up your demo account starting balance by the factor of dividing demo account lot size on your trading account lot size.

What is this means ?

As most of brokers offer only STANDARD demo accounts and many traders have micro or mini accounts, then, to get the same results using the demo account, please put in mind the following ...

Standard accounts lot size  =  $100,000
Mini accounts lot size          =  $10,000
Micro account lot size         =  $1,000

So, you will need to open an account with starting balance of 100 times of your capital if you have a micro account and 10 times if you have mini one and same balance if yours is a standard one.

Please put the above notice in mind using any EA. If you just put the EA on your demo test account having the same balance of your real micro account, this means you are risking 100 times than the actual trading on your live trading account, and risking 10 times for mini account. For such reason, many testers told me that my EA didn't work for them which is really unfair judgement.

Back to the demo copy ... I will upload a new test demo working copy for the next week by tomorrow evening. So, please keep an eye on the blog to download your copy if you want to try the EA before purchasing your own copy.

Have a nice day ...
oshaban