This is a Visual Backtest Conducted to Better Understand the Trading Style and Behavior of RayBOT v4.0. This Backtest was for RayBOT v4.0 on EURUSD using a spread of 1.0 in a 99% Modelling Quality Dukascopy Tick Data Via a RoboForex ECN Real Account with the help of Tick Data Suite v1.4.6. Here is the recorded visual backtest report: RayBOT v4.0 EURUSD 8 Months Default Settings and Risk Backtest Summary View Full Backtest
In the last week we have started engaging RayBOT on a RoboForex real account, it was performing well over the last half of that week after we've just started our test. On Fri, 1st April, all the currencies traded by the EA which are AUDUSD, EURUSD and USDCAD had their prices suddenly into a high jump, and our hero was there! On both of AUDUSD and USDCAD pairs, it has passed the first arm of the jump but reaped good pips from its rebound that followed in wonderful chart top to bottom trade
A few days ago these Tick Data backtests to Live trading results comparison charts were released by Phibase, the vendors and developers of the new amazing RayBOT EA. These results are spanning from the 1st Feb to the 18th March 2016 and here they are (to enlarge an image, left click on it): Comparison Results For AUDUSD Comparison Results for EURUSD Comparison Results for USDCAD Brief Analysis of RayBot Backtest / Live Comparison The backtests used for this comparison were performed using tick
As a non-Grid, non-Martingale system, RayBOT relies for its trading on price swings between Support / Resistance levels. It is a frequent trader achieving a trading rate of about 5 to 10 trades a week on each currency pair.
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.