FX-Bandit up about 10%
Fx-Bandit is trading with a lead. I am beginning to believe FX-Bandit has the highest risk-reward ratio by default. CK just posted a good review of Fx-Bandit at http://ckowyong.com/blog/?p=68
The main issue both I and CK have is defining what an effective stop loss strategy entails. In that post some of CK’s readers define their thoughts on the issue. I am definitely interested in trading this EA, but I think I will be doing so with 10%-20% of my available assets until I come to an understanding of what an effective stop loss means to me. Right now the live testing done on forexkungfu with Fx-Bandit is being done with no stop loss.
Steinitz and PipBoxer have been trading plus / minus 2%.
I have written several other EA authors asking for evaluation versions of their EA’s - hopefully we can add them to the live testing soon.
Leave a Reply
You must be logged in to post a comment.