Forex Robo Trading

Posts Tagged ‘forward testing’

Gomega Xray put in a solid performance on totally hands free, and managed to increase the equity by about 16% in the last week.
Currently Gomega is trading with the default settings on a Alpari demo account. Starting with a balance of $5000 almost 3 weeks ago, it ended last week with a balance of $5802.

It would appear that Gomega performs very well when the market is trending strongly. Of course it had a few losing trades as well, some of which had been strongly in profit but didn’t quite make the “take profit” threshold before the market’s direction turned. I’m considering starting a second demo account which would run the default settings but with trailing stops. It would be interesting to compare the performance against the current setup which has no trailing stops, just a standard stop loss. Gomega’s performance so far has been very good in terms of overall profit. Very impressive.

Technorati Tags: demo account, forward testing, gomega trading results

Here are the results for our Forex Conqueror robot that began trading 3 weeks ago on a demo account at FXDD with a starting balance $5000. Its managed to bring that up to $5129 but with a rather bumpy equity curve. The settings currently in place are the defaults settings as given in the setup instructions for Conqueror.

Technorati Tags: Add new tag, Forex Conqueror, forward testing, mt4 charts