Forex Robo Trading

Posts Tagged ‘GoMega Xray’

This was another good week for Gomega Xray overall and possibly could have been a stellar week were it not for my own blunder. Mid week I decided to upgrade to the latest version of Xray. Although the upgrade is very easy to perform, I didn’t realize that Metatrader would treat the upgrade as a new EA. Consequently it was trading for the last few days without being configured with the recommended settings. All seemed to be fine but I noticed not it was not placing many new trades, and then I realized I hadn’t setup the upgrade with the correct settings. Of course this is one reason why you should always trade a demo account first, while you get familiar with your EA. In this case all that was lost was a bit of virtual cash, for failing to follow the instructions. And a red face.

This has prompted me into extending my testing. Currently Gomega is running on a demo account at Alpari. However Quantum Research recommend FXDD as the broker where Gomega performs best. As Gomega has been performing so well, I have been considering testing Gomega both with and without a trailing stop. So I’ve decided to setup 2 new demo accounts with FXDD. These again will be configured with the default settings. And I’ll start publishing the first results this weekend.

So now there will be 3 Gomega demo accounts to follow.

Technorati Tags: gomega forward test, gomega review, GoMega Xray, live trading, trading results

Gomega Xray has put in some healthy gains of the past 2 weeks. Currently trading on a demo account at Alpari with a starting balance of $5000. The setup is completely vanilla using the exact recommended settings from the setup guide. I’ll have a full update shortly along with the results.

Its also been a good week for Forex Megadroid. This may be an inexpensive robot but it trades like a robot ten times the price.Full report and results for the week coming after trading finishes tomorrow.

A new Robot arrived on the scene just this week called The Forex Magic Machine. While the name may sound a little corny, what’s in a name? The important question is: Can it deliver? The only way to find this out is to put it through a full set of tests.So the Forex Magic Machine will be added to the mix next week with a fresh demo account to begin some forward testing.

You can see the official Forex Magic Machine website here. As is the case with many Forex robots, Magic Machine comes with a full 60 day money back guarantee so if you can’t hold on long enough to see my results, just pick it up right now completely risk free.

Technorati Tags: forex magic machine, Forex MegaDroid, forward testing, GoMega Xray, test rults