They constantly preach sticking to the…
They constantly preach sticking to the process and “trust the data” on the backtest data is the motto that is repeated like a cult. The truth is, probably a lot of the good reviews here are in exchange for goodies that were created during calls for bonuses in exchange for reviews. The other truth is that the sect-like cult leads to ruin because the process is nothing more than a martingale strategy with which, sooner or later, you can only lose. While the above refers to POW BANKER EA, with Red Alert EA it is the case that only strategies with a “wide stoploss” are convincing, whereby there is often a poor risk to reward ratio of 7:1. You can imagine for yourself what this means when day X comes. Significant loss, whether with Banker or red alert, that is my experience. I am happy to be proven wrong, but I have found better alternatives with a positive RR ratio and I would no longer want to waste my time.