FRWC Robots Preview
The first Forex Robots World Cup has run it’s course. No doubt for most of the followers of the contest and also those that have recently jumped on board, the underlying technicalities of and strategies used by the Forex Robots World Cup finalists are not a concern, only the profits count. For others, the more detail available, the more they can appreciate the effort the programmers have put into these robots in order to win a place in a world contest of this magnitude.
Having experienced trading software programmers on our staff allows us to make some assessments of the strategies and their implementation by the robots during the running of the competition, and we present these findings here for all those interested.
Charts like the one above are fine to look at for a quick overview of the contestents, but to get the big picture an in-depth look at each trade taken including all of the parameters sent along with the opening order.
Top 5 Contenders
| Rank | Name | Deposit | Draw- down |
Profit/ Loss % |
Profit/ Loss $ |
|---|---|---|---|---|---|
| 1 | LMD-Multicurrency | $1,000.00 | 34.06% | 145.60% | $1,456.01 |
| 2 | HiRIDER | $1,000.00 | 3.26% | 88.11% | $881.19 |
| 3 | SuperVolcano | $1,000.00 | 4.98% | 36.25% | $362.57 |
| 4 | VREM2 | $1,000.00 | 8.38% | 19.39% | $194 |
| 5 | Nutcracker | $1,000.00 | 23.67% | 14.93% | $149.31 |
Top 3 Previews
LMD-Multicurrency
On average there were 3 trades per day and a total of 99 opened.. LMD-Multicurrency had the highest net profit in the contest, an impressive 145%. This was partly due to the compounding money management strategy.. find out more!
HiRider
The EA contains a strategy that has the ability to open a long and short at the same time.. HiRider has an extremely high profit trades percentage.. This is my favorite and I advise everyone listening to get it now.. see the complete preview!
SuperVolcano
A short term intra-day swing trading EA, SuperVolcano follows intra-day trends, reversing direction up to several times a day.. With 60% profitable trades over the contest, the figures point to a sustainable ROI in excess of 33%… read more!
