1.Certainly the backtest results are too good to be true. I bought it because I found value in it, but it does not support stocks with trailing symbols such as GBPUSD# or GBPUSD…. and other stocks with symbols at the end are not supported, and when I asked the author, he replied that he can only trade GBPUSD. I have forward tested it on a real account, so if you are considering buying it, please refer to this page. https://www.mql5.com/en/signals/1925214?source=Site+Signals+My All ECN accounts and low spread accounts that support Japanese have a symbol at the end. I have no choice but to trade with a low spread account that allows me to trade in GBPUSD. For that reason, I gave it one star. I look forward to future upgrades.

2.AliseEA has changed its rating.

It is from 1 star to 3 stars.

The reason why we gave it a higher rating is because the entry timing and stop-loss timing in the back test and the forward test on the real account matched 90%.

For more details, please refer to the explanation with images in the comments section.

The reason why it does not get 5 stars is because it does not support symbols at the end of stocks such as GBPUSD#.

I look forward to future improvements.

Good luck.

April 2, 2023

Postscript.

I purchased the EA today and within a week 3 real accounts went bust.

The overview of this EA said that the minimum funding was $100, so I put $400 in each of the two real accounts.

I put $800 in the other real account.

A total of $1600 disappeared in one week.

It all took AliseEA to lose money.

In this update 4.0, the author recommended the default FixedRisk of 10%, but 1.0 lot is too much for a $400 fund in a Yen-denominated account.

The funds will be shorted in the middle of the SL.

Margin call.

Such automatic lot calculation may be normal for dollars, but it is not the proper lot size for other currencies, at least for yen accounts.

Added on May 3, 2023

This upgrade from version 4.0 to 5.0 is very promising.

I have changed the number of stars from one to five with high expectations.

I hope Mr. Alexei will continue to improve EA greatly.

Keep up the great work and don’t let the bad criticism get in the way!

很有希望的策略，我喜欢。

5.0 can handle ranging market and short term trend better than 4.0. thanks author for improving the algo.