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A.I. Forex Robot
 
Tested Result: testing
A.I. Forex Robot
 

Updated: January 2010

Profitable: 5/10

Easy To Follow: 7/10

Honest Result: 5/10

Support: did not test support

Bonus Value: 5/10

Results: 2/5

The Good: Reasonable strategy for EURUSD 1H

The Bad: High drawdowns on the backtest. The EA might just be optimized for 2009

 
 

The A.I. Forex Robot trades on a EURUSD 1H chart. It is nice that they actually describe the trading rules of the EA in the manual. I did get a backtest 2005 until today. Well, drawdowns are more like 85% and I looking at that backtest. The EA might just be optimized for 2009.

I would argue there is not much AI in there (or it might be a matter of definitions) but sometimes simpler strategies seem to generate good results.

 
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Forex Risk Disclosure. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.