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 rise up above the rest of the competition. They were:
| Rank | Name | Deposit | Drawdown | Net Profit/Loss % | Net Profit/Loss $ |
| 1 | LMD-Multicurrency | $1,000.00 | 34.06% | 145.60% | $1,456.01 |
| 2 | HiRIDER | $1,000.00 | 3.26% | 88.11% | $881.19 |
| 3 | SuperVolcano | $1,000.00 | 4.98% | 36.25% | $362.57 |
As you can see, all three of the above EAs showed outstanding results. If I had to pick an early favorite out of the three, I would probably favor the #2 ranked robot, HiRIDER, simply because it showed a much more steady growth during the competition and boasted an incredibly low drawdown (3.26%!). But the results speak for themselves, and each of these look like real money makers. The great news is that all three of these outstanding robots will be available for sale in just 13 days on February 16! I believe all three EAs will be sold as a package deal, and given the potential they have to really boost your trading profits, I imagine they won’t be sold too cheaply. I don’t think they have settled on the price yet, but I’ll let you know if I hear anything.
As mentioned previously, we will purchase the FRWC EA package the day it comes out and will begin forward testing right away. All the results will be posted here for you to see. I am hopeful that we will see similar results given that the FRWC’s tests were done on live accounts!
For more info, check out The Forex Robot World Cup’s site. They are currently featuring an interview with Matthew Navie, V.P. of Institutional Sales & Business Development at FXCM.
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