Forex Robot World Cup

[StanGQ]

Have you done any forward testing on demo account? it is not smart to jump on live account before you demo testing it first.

Could you please explain why it is not smart?Yes,I run it on demo as stated in refund policy because reading some staff of FRWC and some negative comments I want to test robot on virtual account with virtual money before trust it my real money.There is only one robot whom I can trust this after testing demo.This is Mega Droid (off topic)

 

[ForexFBI]

Fusion killed my demo account within days, watch out for it! HiRider is doin ok, the other two are struggling. Check my sig to see what I mean.

 

[jinlapar]

Fusion killed my demo account within days, watch out for it! HiRider is doin ok, the other two are struggling. Check my sig to see what I mean.

fbi dah msuk c/g
i never trust a robot
when i use robot always take my stop loss((
can you rekomen me the best robot u ever used sir((

 

[ForexFBI]

fbi dah msuk c/g
i never trust a robot
when i use robot always take my stop loss((
can you rekomen me the best robot u ever used sir((

There is no best robot to me, there are ones good for certain strategies and certain market conditions.

Kind of why I've created my site, to find the best robots and compare them on an updated basis.

 

[JimFX88]

ForexFBI,Thanks.Mega droid is very popular, does it work well?

 

[jamescrag]

Could you please explain why it is not smart?Yes,I run it on demo as stated in refund policy because reading some staff of FRWC and some negative comments I want to test robot on virtual account with virtual money before trust it my real money.There is only one robot whom I can trust this after testing demo.This is Mega Droid (off topic)

What I mean is we better demo test the ea first before going live. You are demoing it, so it is a very good decision of you =D>

For FRWC EA, only HiRIDER can give me a good result and steady profit(with some losses)..

 

[DoubleTrap]

I did not find MegaDroid work well. It open trade only at certain hour for old version. The new version pro able to to overwrite this option on time setting.

Most of the EA not working because you just use the default. For example you can compare FBI testing robot page, the Forex Hacked he using 2 pairs, while i only using EurUsd. All start in Mac, my setting earn 800, while his setting earn 500. FBI only put 1k deposit, but i put 5k as I knew Martingale is a high risk tactic which 1k probably will margin call when break out or big trend occured. 5k probably just enough of 200 pip draw down.

So just doing Demo Test on EA you will not find any profitable EA.
The review on Forex Peace Army has prove that,
Look at the longest period EA they have tested, turn out to be negative ROI.
Look at the highest pip of the weeks and find out how much equity grow average per month ? Best is 10-25% ROI, and is tested not more than 4 or 6 month.

You have to try years of years failure to understand what an EA strategy and modify to the outcome you want. Then you can recycle sampah EA into Gold.

Summary 6 month demo result of " I Kill You Later 2" :
Oct (207.50%), Nov (-62.18%), Dec(192.44%), Jan(64.08%), Feb(-99.27%), Mac(125.69%)
Total 6 month = 328.26% = 1641.32 USD
Average net profit per month = 273.55 USD

Capital required 500 USD, Average ROI per month = 54.71%.

hit and run Strategy : You Start account fresh 500 USD monthly.

http://www.alpari.co.uk/files/site_u...MT4_set_up.exe
Alpari (UK) - Mac '10 (ROI 145.51%)
login : 1515586
pswd: oin8bsu

Alpari (UK) - Apr '10
login : 5792485
pswd: uduh8ax


And you have to do research and keep on improve the EA. Which I give you " Kill Bill -5"

Alpari UK - Kill Bill 5


So we wait and see if "Kill Bill 5" able to survive another the challenge of 6 month.

 

[ForexFBI]

I haven't done enough testing/research on Megadroid to give an opinion, but I can say I see a lot of decent results throughout various forums from it which can't be a bad thing

But it seems to be one of those finnicky robots where you need perfectly optimized settings to see any consistent profits long-term.

 

[StanGQ]

What I mean is we better demo test the ea first before going live. You are demoing it, so it is a very good decision of you =D>

For FRWC EA, only HiRIDER can give me a good result and steady profit(with some losses)..

Are you running HiRider as a separate bot?As HiRider Advanced is like HiRider but with disabled first strategy.May be it will make the sense to disable LMD,Straasha,Neg Correlation ,Super Volcano and disable the 1 strategy of HiRider because in separate HiRider there are no possibility to set these parameters.:-?

 

[jamescrag]

Are you running HiRider as a separate bot?As HiRider Advanced is like HiRider but with disabled first strategy.May be it will make the sense to disable LMD,Straasha,Neg Correlation ,Super Volcano and disable the 1 strategy of HiRider because in separate HiRider there are no possibility to set these parameters.:-?

Well..
I use the standalone HiRIDER ea.. We can't change the parameter of course. And yes, the default setting is not save.. That's why I change the setting..

I don't see the first strategy is risky.. Don't know why they disabled it..

For the advanced version, we can change the lots for each strategies.. I don't see it is necessary.. There is no reason to do that..

It just that, how you setting the ea and trading hour.. Enabling the MM and use the default setting make it a high risk EA..

I still testing the EA in demo account, but until this end of week only. Next week I'll test it on live account(mini/micro account)..