Kangaroo EA
Thanks to the team at Tulip FX, I was lucky sufficient to grab a copy of their Kangaroo EA. I received it a few weeks ago and let it baggy in the lab to see what it could do with, what sounds like, a solid strategy on the back of some serious programming nous.
Here’s what makes Kangaroo EA different from the pack:
- Trades EURUSD (released in 2011) and AUDUSD pairs
- Uses a trend following strategy
- Has trend reversal logic built in (just in case the trend changes)
- Avoids trading on very nearly all news announcements
- Works best with ECN, STP and No Dealing Desk brokers
- Works best with 1-2 pip spreads on EURUSD, 2-3 pip spreads on AUDUSD
- Back tested on 99% accurate price data since 2007
Let’s see how it getting on in the lab…
Test 1: Independent Strategy Testing
AUDUSD 2007-2011 Strategy Test results starting at 0.5 Lots, ending at 9.8 Lots
View full 2007-2011 AUDUSD Strategy Tester results
EURUSD 2007-2011 Strategy Test results starting at 0.5 Lots, ending at 13.1 Lots
View full 2007-2011 EURUSD Strategy Tester results
Currently running Kangaroo EA on Alpari UK, testing started on 11th April 2011. Current results are as follows:
View our Kangaroo EA Live Test Statement
Lab Result:
Read more: