Expert Advisor Reviews

Robot X

robot-xI thought I’d try a small experiment. Here’s what I’m trying to test:

“Are all the excellent EA’s NOT for sale?”

Robot X is an EA that I was able to get access to via its developer (who will remain nameless) and looked quite excellent after analyzing 5 being value of back test results (you can see them all below).

So, I questioned the developer if he could set up an account we could follow here to see how well this EA performs in a “live” environment. I say “live” because the developer is trading his own money, not demo… I know this because I had to wait for his account to open and he told me that the broker took $10 as an account opening fee. That’s why it’s starting balance is $9,990 and not $10,000.

Please let me know your views on this EA by posting a comment below.

And, if the developer ever decides to sell it, make sure you subscribe below or on the right of the page as I’ll make sure my subscribers are the first to hear!

lab-results

Test 1: Strategy Testing

2005 Strategy Test results using 7% equity at risk per trade.

2005backtestView full 2005 Strategy Tester results

2006 Strategy Test results using 7% equity at risk per trade.

2006backtestView full 2006 Strategy Tester results

2007 Strategy Test results using 7% equity at risk per trade.

2007backtestView full 2007 Strategy Tester results

2008 Strategy Test results using 7% equity at risk per trade.

2008backtestView full 2008 Strategy Tester results

2009 Strategy Test results using 7% equity at risk per trade.

2009backtestView full 2009 Strategy Tester results

2010 Strategy Test results using 7% equity at risk per trade.

20010backtestView full 2010 Strategy Tester results

1999-2010 Strategy Test results using 7% equity at risk per trade.

1999-2010backtestView full 1999-2010 Strategy Tester results

Test 2: Live Test

Currently running Robot X using developers live account, testing started on 31st March 2011. Current results are as follows:

View the Robot X Live Statement

Lab Result:

pass-fail

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