Testing of Steady Growth Forex Robot STarted

I added a new forex robot called FX Steady Growth to the testing portfolio this week. This one doesn’t have the flashy sales pitch and hyped up promises that we are so used to seeing and to me this is usually a good sign. I’ve chatted with the creator of this EA via email and he seems a very honest guy that believes in his system, so I’m interested to see how his EA performs.

I’ve also set up more comprehensive stats on the live account so that we can see how each EA and some of the different strategies perform. You can access the stats using the MT4i link I provide below and you can get a breakdown of the different trading strategies under Stats/EA. Magic number 4698523 is Wallstreet Forex robot and the rest are the various strategies of Forex Combo. I will give a more detailed breakdown of this next week.

Here is this week’s forex robot performance report.

1. Robot Performance Comments

Due to consistent poor performance I’ve decided to remove Forex Steam from the testing to make room for FX Steady Growth. I’m also looking into another very interesting EA that can be used to increase the profitability of any other forex robot, but more on that next week.

My current Top 5 Forex Robots are still as follows:

1. Forex Combo System
2. Wallstreet Forex Robot
3. Forex Growth Bot
4. Kangaroo EA
5. Forex Morning Trade

2. Live Account Performance

Active EA’s:

1. Forex Combo System
2. Wallstreet Forex Robot

Click here to see my settings for this account.
See more detailed performance stats through MT4i here.

Weekly Performance: +4% (25 pips)

Starting capital: $500
Current Balance: $757
Overall Profit: +51%
Active Days: 74

Overall profit include trades that have been closed in this week.

3. Weekly Performance on Demo Accounts

Note: Please visit the Robot Performance Page for more detailed statistics

Forex Combo System: +0%
FX Steady Growth: +0%
FX Secret Signals: -1%
Forex Morning Trade: -1%
Kangaroo EA: +2%
Forex Growth Bot: +2%
Forex Goldtrader: +0%
Million Dollar Pips: +14%
FX Voodoo: +9%
Forex News Trader: -1%
Wallstreet Forex Robot: +1%
Forex Gap Robot: +0%
Forex Breakout Genius +4%

4. Overall Performance on Demo Accounts

Forex Combo System: +243%
FX Steady Growth: +0%
FX Secret Signals: -8%
Forex Morning Trade:+32%
Kangaroo EA: +42%
Forex Growth Bot: +101%
Forex Goldtrader: +5%
Million Dollar Pips: +84%
FX Voodoo: +15%
Forex News Trader: -3%
Wallstreet Forex Robot: +1%
Forex Gap Robot: +26%
Forex Breakout Genius: -22%

5. Robots That I’ve Stopped Testing

Please visit the Robot Performance Page for more details on robots that I’ve stopped testing.