Forex Robo Trading

Posts Tagged ‘live trading’

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.

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