The FRWC was created with the objective of finding the best NON-COMMERCIAL Forex robot in the world through a competition based on solid and transparent rules.
What does non-commercial mean? Simple, robots that are not being sold or marketed anywhere but are solely used by their developers.
Now... the competition has two phases, the qualification phase and the live (real money) trading phase.
It is truly exciting to finally see an event designed to separate truth from hype...
I was also validating the accounts and betatesting the FRWC bots that will be released to the public on February 16. So far robots look very promising. I will be able to release the detailed backtests and the results after the FRWC launch.
See my detailed report and full review about Forex Robot World Cup here. Also you can listen to my audio review of the FRWC.
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Thread: Forex Robot World Cup
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14-02-2010, 12:59 PM #1
Forex Robot World Cup
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16-02-2010, 12:35 PM #2
The Forex Robot World Cup competition robots will be available for sale in 3 hours. I am getting a lot of questions about Forex Robot World Cup. I’ll keep this FAQ extremely brief. Here are some answers,new information and also I added my forward test of the FRWC fusion robot.
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16-02-2010, 05:50 PM #3
On the Forex Robot World Cup the robots are available now!
Fusion-V 1.1a (FRWC's Own Robot)
Forex Robot World Cup has created their own forex robot called Fusion-V 1.1a, which made 226 trades and generated 355.46% profits on live account in 19 days.
FRWC has been testing ideas and concepts with all the robots that won the competition in their EA lab. Not only that, after the end of the first month of the live trading of the competition, they combined the top 5 robots into a single, multi-strategy robot. Fusion-V 1.1a merged the best qualities of the each robot with the weaknesses reduced. It's just revolutionary.
One of the key function of Fusion-V 1.1a is exclusive money management rules that proportioned the risk more evenly. Here you can see my forward test of Fusion-V 1.1a.
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18-02-2010, 02:12 PM #4
I have a lot of new questions from traders and people, who just interested, here some aswers:
Downloading settings for this robot will available in the future on your website?
this is true that quantity of sales will limited?
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22-02-2010, 02:35 PM #5
Now here you can see my new forwardtest of Fusion-V robot and download preset with settings for all experts of FRWC. During next month maybe, I will show you forwardtests of every expert separately, with graph and all statistics.
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26-02-2010, 02:14 PM #6
I put here my forwardtest with conservative settings for all strategies of Fusion. Already during February, this robot shows stable and really not bad results.
I recommend to use concretely these settings for Fusion, because my experiment for the last forwardtest with high level of risk was not so great.
You can download new preset on my website. This some of parameters:
Lots=0.30000000
LotsRiskReductor=5.00000000
MaxLots=10.00000000
here full settings.
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02-03-2010, 11:33 AM #7
Hi guys!
Sometimes I get a messages from traders with questions about Fusion settings, and one of the frequently asked questions it's: Dear Mark, can you explain please, what the function of parameter "CloseByGlobalEquity= 30.0000000" ?
Below is information about it from the Fusions manual:
CloseByGlobalEquity – (defined as a %age of equity). When a certain percent of profit is reached, all open trades will be closed. For example if your deposit is $5,000 and you set your EquityProfitCloseLimit = 10 then if the account equity reaches $5,500 during the day, all open trades will be closed. You can experiment with this setting, varying it between 5 and 30, depending on your MM objectives and aspirations.
By the way, on my forwardtest Fusion yesterday and today have one of the biggest profits during one trade in $710 and $520. While expert shows good results of trading, you can see it on my statement.
Best regards, Mark.
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03-03-2010, 01:08 PM #8
Hi there!
Now I have very important information for you!
First things first. FRWC News came out today. FRWC's Royal Trader will close its doors to new members on Friday, March the 5th. They decided to limit the sales to avoid the "oversold" effect and concentrate on the current members. Good move.
I is testing the FRWC fusion bot with a great success: my stattement and also I update my review and share more settings. This is one of the primary lines:
Remember to stick with safe trading lot (0.01 fixed lot per $1000 of the balance) and you may want to turn off Straasha strategy in Fusion to avoid increasing the lot size by its strategy!
I will keep you posted.
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14-03-2010, 11:58 AM #9
Hi guys.
I update my review about fusion and during last ten days on my forwardtest FRWC have a clear profit in $1000. Very stable and good results. Also, make sure that you use the new profitable settings from the EA Lab!
http://www.forex-robot-world-cup.com/membe...ings-201003.pdf
Regards, Mark.
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14-03-2010, 12:24 PM #10
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Which free robot earns more than others per/day? If there is a free
robot what earns more than $150 per/day? For now I have two robots which
earn $100 total. They are both free. One of them is a German robot, and
the other one was downloaded from robot4free.com Is it possible to
find on the internet robots which are very profitable trading robots and
free?
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