FPA Introduces EA Performance Testing

[Singlemalt]

singlemalt

Is there a table of results for all the tested EA's here at FPA?
On a related subject, FYI, I have been running two EA's out of the same live account simultaneously. That is until the CFTC got me kicked out of GoMarkets in Australia..Grrr. Anyway for three months I averaged a steady 1% a week running Forex Megadroid and Forex Scalpa. I was using a very low risk level (1). For some reason they seem to work well together. Why? I haven't a clue. Before I did it I asked the Megadroid support staff if the money management schemes would collide and they said there should be no problem
I am now using RoboForex in New Zealand on demo with the same two, and getting good results again. I am a little leery of this broker because they are not regulated in any way except for a regular non-forex business, so I haven't gone to a live account although they seem OK.
Anybody know a reliable, regulated broker that allows U.S. residents, and hedging, and 1:500 leverage?

 

[AsstModerator]

The closest thing to a table of EAs is the sortable list here...

https://www.forexpeacearmy.com/test_lab/metatrader_expert_adviser

I'm hoping that something better can be added later.

 

[AsstModerator]

I've got some new ones for you.

Two demos....

Forex ARJ

Forex Shocker


And one LIVE...

MT4 Forex EA


Please be aware that all live EAs and many demos are monitored using investor access. If the FPA has the EA, then any deviations from default settings are noted on the test page. If the FPA is just monitoring, that means that the results are accessible, but only the company that is running the EA knows the settings used.

 

[HDG]

Repeated tests

I wish to point out that some EA developers eg PRIMEVAL and MULTIVERS
start tests, stop and withdraw when results are bad, and then start again
with new accounts. There only purpose is to use FPA to get new customers.
They do not make refund if results are not good.
Please check how many times these two developers have started tests
and stopped in between in the past.
Why these developers do not show old live verified MT4 statements.
Unfortunately, FPA has become unknowingly party to their schemes.
Primval after selling EA later refused to give updated version, though at the time of sale they had said that they would provide new versions.
I wish to say that I have bought EAs only after checking results on FPA site
but now I find that some developers are manipulating even FPA.

I suggest that
1. Only live accounts should be included in the performance page
2. If EA developers withdraw or stop updating without valid reason they
should be black listed.
3. NO ONE should be allowed to manipulate such a good forum to make
money.
Hari

 

[ertore]

I wish to point out that some EA developers eg PRIMEVAL and MULTIVERS
start tests, stop and withdraw when results are bad, and then start again
with new accounts. There only purpose is to use FPA to get new customers.
They do not make refund if results are not good.
Please check how many times these two developers have started tests
and stopped in between in the past.
Why these developers do not show old live verified MT4 statements.
Unfortunately, FPA has become unknowingly party to their schemes.
Primval after selling EA later refused to give updated version, though at the time of sale they had said that they would provide new versions.
I wish to say that I have bought EAs only after checking results on FPA site
but now I find that some developers are manipulating even FPA.

I suggest that
1. Only live accounts should be included in the performance page
2. If EA developers withdraw or stop updating without valid reason they
should be black listed.
3. NO ONE should be allowed to manipulate such a good forum to make
money.
Hari

I agree with you 100%

 

[JoeDormann]

I agree with you too, HDG.
All EA's where I buyed or for free, I have tested, broken at every time, fewer or later.
I afraid, that the Brokers get the EA trading methods, for manipulate the price, because it is possible in a small price range(Spices or spreadbedding or give not the price). Wherefor the should be good to make EA-Contests, if not for lern EA-Rules for manipulate?
An good EA, who works good for a long time, can not be public.
I have some good rules for an EA. I trade this rules since 1 year with success.
But I feel, that this rules for programming is mutch heavy!??
Dear
Joe

 

[NetWoofer]

FPA manipulation

I wish to point out that some EA developers eg PRIMEVAL and MULTIVERS
start tests, stop and withdraw when results are bad, and then start again
with new accounts. There only purpose is to use FPA to get new customers.
They do not make refund if results are not good.
Please check how many times these two developers have started tests
and stopped in between in the past.
Why these developers do not show old live verified MT4 statements.
Unfortunately, FPA has become unknowingly party to their schemes.
Primval after selling EA later refused to give updated version, though at the time of sale they had said that they would provide new versions.
I wish to say that I have bought EAs only after checking results on FPA site
but now I find that some developers are manipulating even FPA.

I suggest that
1. Only live accounts should be included in the performance page
2. If EA developers withdraw or stop updating without valid reason they
should be black listed.
3. NO ONE should be allowed to manipulate such a good forum to make
money.
Hari

I agree entirely Han. All to often unethical EA developers have used the FPA forum to promote their products using manipulated or fabricated results.

 

[AsstModerator]

That's one reason why all old tests are archived and made available from the drop-down menu on each product's test page.

Once all the signals tests are moved over to live accounts, the FPA is strongly considering requiring live accounts for EA volunteers. That will also end the headache of "non-expiring" demo accounts expiring.

 

[AsstModerator]

I've got 3 new EAs for you to check out...

AutoPipBot

FireStorm and PIPen, both from PersonalInvestorPlan.com


I'd like to thank the people at Personal Investor Plan for volunteering.

 

[schalk]

AutoPipBot not inspiring

It is still early days on the AutoPipBot, but so far not very inspiring. I have loaded the bot 3 days ago, it made 6 trade and all 6 ended in losses on a demo account.

What I did like was that I e mailed the developer's support team and they replied by sending and update on the bot, claiming that the loss is as result of the broker not accepting partial closes.

I will load the updated version today and see what happens.