The only way to test a forex robot's profitability is through live testing on real money trading accounts.
Backtests and even tests on demo accounts have serious drawbacks. They do NOT paint an accurate picture.
Backtest results can easily be skewed through curve fitting, and trades on demo accounts are not subject to order slippage. As we all know, order slippage definitely occurs in the real world and can definitely affect the outcome of any trade.
Forward testing EA's on live, real-money trading accounts is the single best way to determine its worth. Of course, testing with your own money can get pretty expensive.
My site is the next best thing. I risk my own money testing the world's top commercial forex EA's, and post my results live on my website.
I even provide you with my Investor Password to each and every one of my trading test accounts, so you can verify that my testing is conducted on REAL MONEY.
Best of all, the information is FREE. Visit www.Forex-Robot-Examiner.com. No fluff. No lies. Just pure results.
Backtests and even tests on demo accounts have serious drawbacks. They do NOT paint an accurate picture.
Backtest results can easily be skewed through curve fitting, and trades on demo accounts are not subject to order slippage. As we all know, order slippage definitely occurs in the real world and can definitely affect the outcome of any trade.
Forward testing EA's on live, real-money trading accounts is the single best way to determine its worth. Of course, testing with your own money can get pretty expensive.
My site is the next best thing. I risk my own money testing the world's top commercial forex EA's, and post my results live on my website.
I even provide you with my Investor Password to each and every one of my trading test accounts, so you can verify that my testing is conducted on REAL MONEY.
Best of all, the information is FREE. Visit www.Forex-Robot-Examiner.com. No fluff. No lies. Just pure results.