ForexPeaceArmy starts testing Expert Advisor’s

Posted on 25. Mar, 2009 by in Uncategorized

ForexPeaceArmy on EA´s

The guys over at ForexPeaceArmy have added a new feature to their popular homepage. Although they have had plenty of reviews for Expert Advisors in their review section, they have now started to test some of these, trading paper money. This is, in my mind, a great addition. There are released new EA’s almost every single day, every one of them claiming farfetched results. Obviously, the majority of these automated trading robots will not perform anything close to the results stated.

ForexPeaceArmy Currently Testing Five EA´s

ForexPeaceArmy
At the moment, ForexPeaceArmy is testing five different EA’s, where three of these have been tested in a too short period to post the results (I guess). The last two, Forex Auto Pilot Turbo (FAP Turbo) and Forex Robot Trader, are being tested, and the results this far, have been posted. Now here is, to an often seen paradox in the world of Forex Trading: At ForexTradingRobot.com you will see the following statement in the third line: 100% no loss system. Now go to the ForexPeaceArmy review, and you will notice that the performance currently is down by, close to 22%! Go figure. The second EA is the Forex Auto Pilot Turbo (FAP Turbo). This has been heavily discussed around the net, and there are a lot of different opinions about it. There is an interesting post about this over at PipStop, where one guy even claims that some brokers (ODL) has banned the use of this particular EA. I haven’t tried it, so I can’t tell right from wrong, but according to the review at ForexPeaceArmy, it is up around 10% so far. Hopefully, they will start testing more EA’s as time passes. I will be following ForexPeaceArmy in this process.

Follow ForexPeaceArmy here

Related posts:

  1. ForexPeaceArmy starts testing Forex Signal & Managed Accounts
  2. Forex MegaDroid – Another Expert Advisor Hits the Market
  3. Performance test of Expert Adviser’s
  4. USDBOT – Another Upcoming Expert Advisor
  5. New Stuff From ForexPeaceArmy

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One Response to “ForexPeaceArmy starts testing Expert Advisor’s”

  1. Odl Forex says:
    January 16, 2010 at 20:21
    Most likely, that can put the Huge Sharks business on hold for awhile, for the great sake to any or all of us.
    COMMENT  

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