2009 Winner – Forex Robots Test

An overall  2009 leader has emerged for our real time forward  test of the most popular MT4 platform  based Forex Robots.  Against a line up of  36 commercial retail EA’s  one stood out head and shoulders as our winner.  All started with a with deposit of $1000 and were optimised to run on the default  settings.

Our winner delivered the following performance against our  key performance indicators:–

  • Account Balance -  $3516
  • Account Equity – $3516
  • Annualised Equity -  $9135
  • Net Profit – $2516
  • Stirling ratio -  5.19

OUR  WINNER  - F O R E X   S H O C K E R

Net Profit

Developed by: Forex Developers LLC.  Forex Shocker is a sophisticated scalping EA which uses state of the art neural network algorithm which allows it to adapt to changing market conditions.  Pairs Traded: EUR/USD GBP/USD USD/CHF EUR/CHF and USD/CAD Time Frame: M15

shockerheader

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Forex Robots Test – Week 41

Based on Equity growth these are our current test leaders:-

Forex Shocker has a flatter equity growth curve than in its early days but it remains our test leader on profits earned. The important fact is that this profit was earned in a low risk manner judged by the good stirling ratio. Key metrics:

• Total profit; $2,582  from a $1000 deposit.
• Annualised equity: $5,827
• Winning trades: 751 out of  891 (92%)
• Return: 158%
• Profit factor: 0.13
• Stirling ratio: 3.88

See  Forex Shocker  DASHBOARD

Pipsminer came off its top slot recently following a sharp reversal of the EURUSD. This has pulled its equity down to $2484. We will watch it closely to see if it is able to recoup these recent losses.  It however is running as the  second biggest profit earner on our test  Key metrics include:

• Total profit; $2710 from a $1000 deposit.
• Winning trades: 155 out of 168  (92%)
• Return: 171%
• Profit factor: .14
• Stirling ratio: 1.78
• Annualised equity: $20,898

Forex Equity Builder is suffering a  $222 drawdown as a result of a sharp USDCHF  reveral. It is  however leading the pack on account balance which is at $3124. These are the ey metrics:-

• Total profit; $2,124  from a $1000 deposit in 65 trading days.
• Winning trades: 488 out of 439 (90%)
• Return: 212%
• Profit factor: 2.66
• Stirling ratio: 1.80
• Annualised equity: $35,769

New Forex Robots Added to the Site

Forex Transporter

Quartz EA

Forex Knightrider

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Week 38 Test Results

Forex Equity Builder is our new test leader this week based on annualised equity. It  is a  martingale type robot which deploys a strategy which opens additional and increasing lots sizes at 20 pip intervals until the internal take profit target is reached. The maximum allowed open lots are 8.proving itself as a quality, safe and reliable Forex Robot.  It is showing a steep and steady equity curve with an outstanding  stirling ratio of 23.1. Key metrics include

• Total profit; $1726  from a $1000 deposit in 45 trading days.
• Winning trades: 352 out of 394 (89%)
• Return: 173%
• Profit factor: 2.36
• Stirling ratio: 23.18
• Annualised equity: $233,278

See  Forex Equity Builder DASHBOARD

Pipsminer continues to perform and the only reason it has slipped from the top slot on annualized equity is because it is currently running a negative open trade. It however shows the biggest current  profits  of $2840 off a deposit of $1000. This annualizes out at $162,699.  Key metrics include:

• Total profit; $2,840 from a $1000 deposit.
• Winning trades: 133 out of 138  (96%)
• Return: 204%
• Profit factor: .14
• Stirling ratio: 3.50
• Annualised equity: $162,699

Forex Shocker is showing signs of reverting to its previous excellent performance follow the new  updated version 2.0 . Key metrics:

• Total profit; $1,708 from a $1000 deposit.
• Annualised equity: $7,948
• Winning trades: 670 out of  724  (93%)
• Return: 171%
• Profit factor: 0.13
• Stirling ratio: 3.74

New Forex Robots Added to the Site:
Forex Enforcer
Forex Nuke
Forex Warlord

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Week 36 Results

Pipsminer continues as our test leader notching up an impressive profit of $2010 off a deposit of $1000. This annualizes out at $365,395.68. Key metrics include:

• Total profit; $2,010.00 from a $1000 deposit.
• Winning trades: 102 out of 108 (94%)
• Return: 201%
• Profit factor: .14
• Stirling ratio: 2.39
• Annualised equity: $137,503.87

Forex Equity Builder one of the new Forex Robots added to the test site does what is says on the box. It is showing a steep and steady equity curve with a good stirling ratio of 6.68% (degree of safety). Key metrics:-

• Total profit; $476 from a $1000 deposit in 5 trading days.
• Winning trades: 97 out of 1116 (84%)
• Return: 47%
• Profit factor: 1.36
• Stirling ratio: 6.68
• Annualised equity: $92,600

Forex Shocker has been updated with a new version 2.0 which should hopefully re vitalise Shockers original good performance. Key metrics:

• Total profit; $1,482 from a $1000 deposit.
• Annualised equity: $8,470
• Winning trades: 590 out of 637 (93%)
• Return: 148%
• Profit factor: 0.13
• Stirling ratio: 4.18

New Forex Robots Added to the Site:
No Loss Robot
Forex Godfather
Forex Annihilator
Forex Infinity Pro.

Download reports on the top 5 EA’s on the test.

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Forex Shocker – Updated Version 2.0

Developers of Forex Shocker have launched an update 2.0!

Forex Shocker 2.0 has been vastly improved from version 1.1 in these ways:

1. The trading algorithm has been modified for much greater
profitability. Our backtests for this year show that Forex Shocker
2.0 has improved profits by a very significant percentage over the
previous version. Using the exact same money management setting of
“Aggressive” in our backtests, total net profits for 2009 were
increased in version 2.0 over version 1.1 by the following amounts:

EUR/USD 100%

GBP/USD 273%

USD/CAD 159%

USD/CHF 150%

EUR/CHF 346%

EUR/GBP 148%

2. Forex Shocker 2.0’s advanced Neural Network (NN) algorithm is now
coded inside a separate file called NN.dll which will take trades
according to the many variants of the market. This NN.dll file should
be placed in the same “libraries” folder as the shocker.dll (now
renamed Shocker2.dll).

3. One manner in which profitability was improved is through
implementing an optimized trade closing algorithm. If a trade is
taking too long to close, using optimized probabilities as coded in
the NN.dll file, Forex Shocker 2.0 may now close a trade for a small
loss or less profit instead of lingering and increasing the risk that
the trade hitting the stop loss.

4. Your broker’s GMT offset is now automatically calculated by Forex
Shocker 2.0 and users no longer have to input the “StartTime” and
“EndTime”.

5. Forex Shocker 2.0 now determines if your broker is using 4 digit
or 5 digit quotes automatically so users no longer have to use the
“IsFiveDigits” input.

6. Users no longer have to change the magic numbers for each pair
being traded.

7. There is a new external input called “TradesSlippage”, which is
set by default to 0. Users can modify this setting to 1 if they wish.
By changing the slippage setting to 1, users will allow trades to be
executed with a 1 pip maximum slippage. Because Forex Shocker 2.0 is
a scalper, the execution needs to be precise and a high amount of
slippage will only cause poor trades. It’s better to not execute a
trade when there is too much volatility. So we coded Forex Shocker so
that users cannot permit a higher degree of slippage than 1 pip.

8. The problem of OrderSend Error 131 (ERR_INVALID_TRADE_VOLUME) when
using money management for accounts under $980 has been fixed.

9. Forex Shocker 2.0 is now more user-friendly. The user need only
change the “Logic” input for each pair being traded:

If you’re trading EUR/USD, enter 1.
If you’re trading GBP/USD, enter 2.
If you’re trading USD/CHF, enter 3.
If you’re trading EUR/CHF, enter 4.
If you’re trading EUR/GBP, enter 5.
If you’re trading USD/CAD, enter 6.

Forex Shocker

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Week 35 Results on forexrobotstest.com

Pipsminer has replaced Forex Shocker our long term test  leader as the new leader in the annualized equity ranking table.   It was added to our test on 5th September 2009 and has delivered very impressive results. Key metrics include:

  • Total profit; $1,020.00 from a $1000 deposit.
  • Winning trades: 69 out of 74 (93%)
  • Return: 102%
  • Profit factor: 1.4
  • Stirling ratio: 1.21
  • Annualised equity: $137,503.87

Forex Shocker has seen a slightly reduced momentum after so many week in our top slot but remains our overall absolute profits leader. Key metrics:

  • Total profit; $1,383.34 from a $1000 deposit.
  • Annualised equity:  $9,730.48
  • Winning trades: 544  out of 589  (92%)
  • Return: 138%
  • Profit factor: 0.14
  • Stirling ratio: 4.18

Fractal Wizard in third place has always been in our top ranking as a steady and safe earner. It is a combined high volatility breakout trading and low volatility breakout trading system.

  • Total profit; $888.36  from a $1000 deposit.
  • Annualised equity:  $2,572.45
  • Winning trades: 188 out of 245  (77%)
  • Return: 88.8%
  • Profit factor: 0.51
  • Stirling ratio: 2.78

Download reports on the top 5 EA’s on the test.

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Week 31 Results

Forex Shocker ended week 31 of our test in first place again with the following key metrics:-
  • Days traded: 109
  • Annualised equity: $21,234
  • Return:   161.16%
  • Winning trades : 422 out of 455
  • Win ratio: 95%
  • Max drawdown; $263
  • Stirling ratio: 6.13
Shocker trades the following currency pairs EUR/USD, GBP/USD, USD/CHF, EUR/GBP, EUR/CHF and USD/CAD on the M15 timeframe.
Pipsminer maintained its impressive start by remaining in the second position. Key metrics include;-
  • Days traded: 12
  • Return: 54%
  • Win ratio: 96%
  • Stirling ratio: 2.57

Pipsminer only trades the EURUSD

Fractal Wizard ended the week in the 3rd position with the following metrics:
  • Trading days: 215
  • Winning trades: 77%
  • Return: 91%
  • Stirling ratio: 2.78
Fractal Wizard trades GBPUSD, EURUSD and EURGBP on the H4 timeframe.
To download a detailed analysis on the top 5 Forex robots on our test please click here
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Week 30 Results

Forex Shocker for the first time was knocked off the top ranking by newcomer Pipsminer. Pipsminer is a new Forex Robots from ForexZone. It was developed by a team of successful professional traders and highly skilled European computer science graduates. Pipsminer basically monitors the market to search for specific trade conditions, and when profitable setups are identified, it executes and manages trades from entry to exit. All versions of the PIPS MINER have a built-in Intelligent Money Management Feature to ensure safe trading. This feature helps protect you from losses and enables fast recovery from any possible drawdowns. It has delivered an OUTSTANDING  54% growth on our test within a period of 2 weeks.

pipsminer

Forex Shocker continues its stellar performance and  has produced 386 wins out of 407 trades giving a 95% win ratio. The account has grown from $1000 to $1888.40 which  annualises at a return of 806%. This EA has shown a maximum drawdown of 13.25% and a Sterling ratio of 8.6%. Sign up to see detailed report on this and the EA’s below

Fractal Wizard has stayed in the top ranking in 3rd position.  It is the largest earner on our test with a 92% return having grown the equity on account from $1000 to $2095. It has a 2.6% sterling ratio*.

Ivybot has now traded for 39 days and has achieved an earnings of 17.5% . It is a slower trend trading system and has made 14 winning trades out of 22  and is placed in our fourth position on our test. Its maximum drawdown has been 14.83% which gives it a Sterling ratio of 1.56%.

NEW ADDITIONS TO TESTING SITE

We added an interesting new Forex Robots to our site this week called Forex Bling from the same stable as Fractal Wizard.  You can download a special report about it here.

*Stirling ratio = (Equity Peak-Start Balance)/maximum drawdown)

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WEEK 28 RESULTS FROM ForexRobotsTest.com

Forex Shocker again ended the week as our leader for the 8th week. It has produced 340 winning trades out of a total of 359 trades giving a 95% win ratio. The account has grown from $1000 to $1970 in 88 trading days, a return of 97%. This annualises at a staggering annual return of 1217%. This EA has shown a maximum drawdown of 13.25% and a Sterling ratio of 8.6%. Sign up to see detailed report on this and the EA’s below

Fractal Wizard (one of our favourites) rose again in the ranking at the end of the week to achieve 2nd slot.  It is the second biggest earner on our test with a 82.2% return having grown the equity on account from $1000 to $1822 in  187 trading days. It has a 2.4% sterling ratio*.

Ivybot has now traded for 28 days and has achieved an earnings of 10.7% . It is a slower trend trading system and has made 7 winning trades out of 15 retaining its third position on our test. Its maximum drawdown has been 14.83% which gives it a Sterling ratio of 1.56%.

Forex Tranformer after a few weeks dip in the ranking is back amongst the leaders at 4th place. The account has grown by 24.8% which annualises at 124.5%. It is a more volatile trader that many others on the test with an uncomfortable maximum drawdown of 40%.

Forex Megadroid rose to the 5th position last week with a 40.5% growth in equity (122% annualised).  It is trading on the new Megadroid settings from the ADVANCED DROID SETTINGS WEBSITE

NEW ADDITIONS TO TESTING SITE

The stable of EA’s from Hi_Net Capital are claimed to be the most profitable on the market. At Hi-Net Capital their aim to provide tools that will help you supplement your current income. Their software incorporates money management mechanisms to minimize your riskof Forex trading. Many people are benefitting from the POWERFUL features of our products. They claim that if you are a part-time trader with a full-time job, you can eventually earn a living as a full-time trader when you use our tools. Or, if you prefer, you can keep your “day” job, and use our tools to supplement your current income.  They offer low-priced products that will enable you to test their automated trading software on your Forex demo account. Added to the test on 2nd Sept 2009

The PIPS MINER is a revolutionary Forex Expert Advisor, or a robot, developed by a team of successful professional traders and highly skilled, thoroughly educated masters of computer science, graduated from renown European universities. Based on thousands of hours of market analysts’ and IT specialists’ work, successfully back- and forward tested, the PIPS MINER is the latest word in automated trading AND a fast track to your financial independence. And the best thing is that PIPS MINER can give you the freedom to really make money without all the hard work and up front costs. Just sit back and let the robot start mining for Forex profits! Added to the test on 2nd Sept 2009

The Forex Supernatural EA is built on a long term trend trading system designed by trader Steven Lee Jones. Since it is a long term trading system it needs to be working for at least 1 month before you can judge its performance. Forex Supernatural will achieve best results with EUR/USD – 4H chart. We all know that price moves in Trends or Sideways. This EA will only trade in the direction of the trend and stay out of the market when it’s moving in sideways. To do that it uses 3 indicators. A – Moving average: B – Awesome Oscillator C – Fractals The Forex Supernatural EA is very profitable. But it is not  the Holy Grail. You may end a month with negative results. Added to the test on 23rd Aug 2009.

*Stirling ratio = (Equity Peak-Start Balance)/maximum drawdown)

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Week 26 Report

WEEKLY REAL TIME TEST RESULTS

Forex Shocker again ended the week as our leader for the sixth consecutive week. It has produced 282 winning trades out of 299, a win ratio of 94%.. The account has grown from $1000 to $1815 in 74 trading days, a return of 81,5%. This EA has shown a maximum drawdown of 14% and a Sterling ratio of 3.3%. See detailed report

Forex Gridbot rose to second position last week with a 57% growth in equity (950% annualised).  Its account balance has grown by $569 from the base of $1000 in 67 trading days. The best thing about Forex Gridbot is hat is has a zero drawdown which gives it an impressive Sterling ratio of 603. See detailed report

Ivybot retained its third position despite some losing some trades at the end of the week. Its maximum drawdown has been 10% which gives it a goos Sterling ratio of 2.25.  It has delivered a return of 16.6% in 12 trading days. It shows a projected annualised return of 767%. See detailed report

Forex Revolver is showing an impressive return of 25% in only  31 trading days. It has shown a low maximum drawdown of 7.5% delivering a Sterling ratio of 3.2. See detailed report

NEW LAUCHES

FOREX SLASHER is another EA which trades on auto-pilot and with a high degree of accuracy. It is claimed to have a superior Artificial Intelligence engine that will give 100% winning trades. This automatic trading strategy apparently turned $10,000 into $378,137.49 in a 2008 back test giving a 93.41% winning rate. Get More Info

FOREX DECIMATOR was launched on 18th August 2009 and is being pitched as a revolutionary robot that will allow you to profit consistently, in any condition and with unrivalled accuracy. This EA is a is a swing-weekly-trader,which means that it makes only a handful of smart trades to obtain the most stable results. It is therefore apparently a lower risk Forex Robot than most others on the market. Back tests (if you believe them ) have shown a 92% winning trades ratio. This EA is claimed to have state of the art in-built money management rules making is a safer EA to trade with and will avoid seeing your profits wiped out with a single bad trade. Added to test site 19th August 2009. Get More Info

week26_1

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