Testing Forex Boomerang
Posted on 29. Apr, 2009 by admin in Random Noise
Some days ago, I wrote about the performance test page over at ForexPeaceArmy, where you can see how different EA’s are performing. At the time of the last post, Forex Boomerang was doing rather well, with a total gain of 8.31% in a period of about 2.5 weeks. So I decided to test it out on my own metatrader platform, to see how it works. I will run Forex Boomerang on a paper money account, just to be on the safe side. Furthermore, my test will not give the full picture, as I won’t have my computer turned on at all times. So I might be missing out on some trades.(Something which they don’t recommend in the manual). So I set it up yesterday, with a starting balance of $1.000 and all the options on default. About half an hour later, the first trade was entered, and resulted in a loss of 110 pips. Today the second trade was entered, a long position on EUR/USD at 1.3190. Right now it’s about 15 pips in profit. I am looking forward to see how things play out. If you are thinking about buying Forex Boomerang, then get it here for a total of $97 and support this blog.
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[...] Peace Army performance test was pretty impressive, so I decided to go for it. As I wrote yesterday, the first trade taken by Forex Boomerang, resulted in a loss of 110 pips (which is the default stop loss). I had a [...]