Optimus Prime! We are Go!

Filed Under (EA System, Journal) by Casey on 05-06-2009

Tags: , ,

Man… backtesting is exciting… Ok… at times…

It took me about 1 full day to backtest things over and over again just to look for the right kind of EA to go demo…

Now this one I got to admit… Forex Transformer initially had the same cynicism as all the other EA. Some of it asked me to do a scam feature… but again… I don’t think I am into that kind of business only if it serves my purpose. Sorry… but I have to prioritize my bottom line here man…

Forex Transformer Before I dive into backtesting… let’s take a look at who Optimus Prime is…

From a quick whois search, it’s Paul Liburd from Manchester UK… This is a good sign.. he is legit… Don’t need to hide who you are if you are the proud owner… ain’t it…

Forex Transformer

And further googling brought me to a site which indicates that Paul Liburd is also the author of Forex Raid . I do not think this ebook system kicked off because I never heard of Forex Raid…. Probably because I never really dived into manual trading…

So anyhuu…. he is legit… digging shows that. I believe he is using his system from Forex Raid and TRANSFORM it into an EA….

Anyway… I did a backtest on this EA and I got a whoopee of excitement…  (Click image to view statement) Forex Transformer

Interesting no? The robot is set in such a way that you only trade 0.1. The lots is hard coded into the robot which really sucks I believe with this sort of graph… a money management system included would make it even better or profitable….

Hmm….Yes… I believe that if there is a money management system included, the curve would be interestingly better… Ok… I’ll leave it for later to work on this point…. since I do have the open source… :P

So with these sort of graph… how can I not extend the backtesting time line to 1999

And what do you know…. (Click image to view statement)
Forex Transformer

Ok Autobots… TRANSFORM INTO MY DEMO ACCOUNT!!! AND ROLL OUT!!!
Transformer

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