Robots Setup
I am setting up the robots in different accounts (some live and some demos so far) and we will compare their results in the long run. Each account will be $500, and of course what we are after is
- the ROI of the robot - how much money it made
- drawdown – this is most important factor to measure
During the trial of each robot we will measure its capabilities as regards money management, that is, how much money the robot is risking per trade.
The following robots will be on trial
- Forex Megadroid – live on Alpari – RECOMMENDED
- Forex Decimator – demo on Alpari
- IVYBot – demo on Alpari. Was live last week, but I am not confident on its stop loss
- Robominor – soon going live on Alpari – RECOMMENDED
- FAP Turbo – live on Alpari
Other robots will be added soon, the one which is interesting is PipsLeader. Other robots I know that are coming out and I will selectively select few of thm for trial. If you have a robot that you know is worth our time, please let me know.
I am also testing and have live accounts on some signal services company, forex managed accounts and others in which I will post their performance as well later on.
So keep tuned.
photo credit: matsubokkuri
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