Forex Invest Bot Advisor
В 76 номере журнала ForTrader.org мы рассмотрим интересного робота, которого предложил трейдерам в начале года автор ставшего известным советника Growth Bot — Forex Invest Bot. The robot shows very good tests on previous periods and, being already tested for some time on the author's account, goes not very stable, but with the right to life.
Forex Invest Bot Expert Advisor Algorithm
The biggest disadvantage Forex Invest Bot is complete secrecy. Neither the author's website nor third-party sources disclose how exactly the Expert Advisor opens trades, on what principles it works, what indicators it uses. This creates, frankly speaking, inconvenience and unnecessary fears, because it is dangerous to use just someone else's developments without understanding what is happening inside, and completely closed robots are absolutely "black box", which means that the risks are multiplied by 10.
All the main algorithms of the strategy Forex Invest Bot advisor are contained in the dll library that the program accesses during execution, so even the settings do not give us a clear understanding of the strategy. We have traditional options to change the Stop Loss, Take ProfitThe parameters of volatility, reinvestment and other parameters that are completely unrelated to indicators or trading time, for example.
In the end, our "black box" Forex Invest Bot still works, and it does it quite well - with doubling your deposit in a year on a fixed lot, so let's take a closer look at it.
Testing conditions of Forex Invest Bot Expert Advisor
- The company: Gamma Markets LTD
- Terminal: MetaTrader 4
- Deposit: 1000$
- Account type: real, ECN
- Currency pair: EURUSD
- Timeframe: М15
- Expert's office hours24/7
- Backtest: 2010-2012
- Start of testing: 30.08.2013
Testing of Forex Invest Bot Expert Advisor
Traditionally, we conduct a test on quotes of 2010-2012 to show the robot's work in complex market modes. We will work on EURUSD on the 15-minute chart.
- Initial deposit: 1000$
- Net income: 2782.96$
- Maximum drawdown: 435.07 (12.90%)
- Average profitable trade: 38.75
- Fixed lot: 0,1
- Spread: 3 points on 5-digit quotes
The important thing that we must note is the very long swing of the Expert Advisor. Open the testing statistics and you will see that for the first 4 months the robot was in drawdown, reaching 25%. Only after that the growth started Deposits. Those of our inquisitive readers, who are interested in Forex Invest Bot, will probably easily find the author's website, and on it the statistics of the current work, which will show that now the Expert Advisor is in the same contradictory situation - neither up nor down. Therefore, it looks like we will have to wait for some time for it to reveal its potential, unless, of course, we are lucky.
In any case, an independent test is always a good thing. And even better is a test on good conditions offered to us by our sponsor. Therefore, ForTrader.org recommends you to stock up on popcorn and leisurely watch our test.