EA Reviews

I just got wind of the next robot to come down the pipeline. This one is called Pip Android. Supposedly it boasts the following features:

Live trading results on vendor website updated every 10-15 minutes
Works in any kind of market (ranging, sideways, choppy, trending)
Profit and drawdown protection system
Compatible with all brokers
Fully automated and manual trading options
Easy [...]

Today we take a closer look at the LMD-Multicurrency EA, the top performing robot in the recently concluded Forex Robot World Cup. During the competition, it increased it’s initial deposit from $1,000 to $2,456.84, an increase of $1,456.84 or 145.6%.
The LMD-Multicurrency robot is aptly named, as it made trades on eight different currency pairs during [...]

The Forex Robot World Cup produced some very interesting results (see graph at bottom of post). Of the 24 EAs that were entered in the two-month competition, 10 of them finished with a positive return, and five of those recorded a double digit gain or better. In particular, there were three robots that seemed to [...]

If you’re anything like me, you get tired of EA vendors manipulating their results or “curve fitting” their robot so that it does well for a specific window of backtest data. Of course then those are usually the only results they share with you, neglecting to mention that the robot loses money most of the [...]