Before the winning EAs from the first Forex Robot World Cup have even gone up for sale, the FRWC team has already announced that they are already accepting EA submissions for the second Forex Robot World Cup. Robot submissions will be accepted up until March 31, 2010, at which point all entries will be put through rigorous testing and evaluation to cull out the very best of the bunch. The finalists will then move on to a two-month live trading test just as was done in the first competition.
This is great news for traders. To have a steady stream of world-class, live-tested expert advisors coming into the market every few months is an incredible resource. The FRWC team is really doing the trading community a great service. And if you have an idea for a great EA, do yourself a favor and take the time to develop and enter it. There is no charge to submit an EA, and the prize money is outstanding (first place takes home $100,000, second takes $30,000, third gets $10,000, and many more get $1,000). I’m wishing I had a good idea for a robot!
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