My Forex EA…

Filed Under (EA System, Journal) by Casey on 21-10-2008

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Ok… I guess it is about time I started my write about all my EA that I have bought. I have been so caught up with monitoring my EA performances that I forgotten to update my blog. Well I guess now it’s the time…

I have toying around with Forex EA since early this year and I have found a few EA that is pretty interesting. Unfortunately to know if an EA is really good, one have to test it live.

Now one of the reason why it should be tested live is because firstly not all demo account interact or execute the same way as a real live account. On top of that not all broker are created equal. Why do I say this? It is because I have tested one similar EA on two different broker and both does not execute the same order at the same time.

So while back testing and forward result could be a good indication that the Forex EA is reliable, it is in the execution on our part that would determine if the EA is good or not. So the two factors that really got to me is demo result and which broker should I use.

Oh and another thing…. TIME. Over the past few months, I have tested LIVE on a few different broker and I must say my result are very very bad…. Ok granted that I have mess around with the original settings, and did not really put it to a full 3 months tests to see if it is as realiable as it states. So one can not say that an EA is really bad until it at least ful fill a set or criteria no??

Anyway… here are the EA that I have bought and tested.

  1. EA Shark
  2. EA Griffin
  3. EA WSS (Winning Solutions System)
  4. EA Trendstuffer
  5. EA MTS (Forex Robot Trader)
  6. EA Touch the Sky
  7. EA AutoCashRobot
  8. EA AutoPilot
  9. EA Prophet
  10. EA Goldminer
  11. EA Tracer

Wow… never realize that I have so many EA and yet I have not really done well on my account…

Sigh…

Well, as I have said, it is more on the execution and I would probabily add that it is more me and anything else. I have never really proven it or taken it to test to see how well it is performing before jumping into another EA.

Out of all the EA, I am now currently running a few EA and be more consistent and try not to tweak the settings to see how well it perform over the next few months.

Oh well… start getting back to work and see if I can get good results with the EA that I have…

What I owe..

Filed Under (EA System, Journal) by Casey on 14-10-2008

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After sometime, I finally sat down and started to rework on my blog again… I owe Stella Lee my answer. She is my first commenter on this blog… :)

Sorry stella for the late reply…

Anyway this is what she wrote on one of my entry weeeeekksss ago… Forex EA the New Dawn of HYIP

I am very interested to know the forex EA that has been earning you 1% daily and sometimes more. Please tell me which EA is this and their link. Have you tested Silicon Forex or Trading Profit Booster? If so, how was the results?
Please tell me which EA you have tested and which ones are not good and which ones are good and which ones are the ones you would recommend. Please send me the info ASAP. Thanks.

Stella

Honestly… I am still trying to find that EA that is earning me 1% daily. Initially I thought I had it, but my tweaking and testing costed me to lose that. So I am very embarass to say that I can not share with anyone the found secret of making money with Forex EA.

There are plenty of forex EA around. And all of them profess that their EA are earning them loads of money. But most of their result are backtested results.

No I have not tested Silicon Forex or Profit Booster. I have tested others which I will surely put on my blog entry.

Until then… I will slowly look and refine my other EA which I am currently using. Hope to update my blog one day at a time… Just like forex small pips at a time…

:)