Here is my review of the new EA from Paul Liburd with a funny name "Forex Transformer". I like "Transformers" movies however I have no idea what transfrormers have to do with this expert advisor. Maybe the creator was inspired by the "Terminator EA". I guess next time they will release SpiderMan Robot followed by X-Man Trader lol.
Anyways, Forex Transformer EA works on EURUSD M15. It is based on the number of indicators such as iSAR etc. The only parameter you can change here is trailing stop value. That's really weird - you can't even set the proper MoneyManagement!
The Forex Transformer backtest results looks strange - Backtest in 2009 looks bad:
I tested the robot in Alpari and Fxdd and did not get any good results.
Check the updates of review on Forex-Tester.com
No comments:
Post a Comment