[PipCop]

The GT-Shadow by Forex-Goldmine.com is very similar to the RoboMiner robot (also under review at PipCop) but with more advanced features. From the site description:

Whereas the RoboMiner can only trade the AUDNZD and EURCHF currency pairs, the GT-Shadow can be set to trade any currency pair that you desire to trade. Like the RoboMiner, it trades using a custom grid strategy, but in the case of the GT-Shadow, you can define every aspect of that grid, including where it begins, how many Pips there are between each level, and many additional settings. It is for this reason that, unlike the RoboMiner, which is recommended for beginning traders, the GT-Shadow will appeal to and is best suited for traders who are experienced with using EAs.

I am testing this using all default settings, except ALLOWFORSPREAD = TRUE and LOTSIZES = 0.01 (there are two), on the AUD/NZD pair, 1 hour chart, and the FG-provided set file which they provide on their site.

UPDATE 10-1-2009 - Changed "BlockNegativeTrade" = TRUE as some trades were closing in loss although they did not have to.

UPDATE: Restarted these 2009-2-10 at 9:30 PM to fix a mis-matched lot size issue between brokerages.

UPDATE: 2009-03-11 - Gain Capital (Forex.com) wiped out my demo account, so I am no longer testing on their system for this review.

UPDATE: 2009-05-18 - FXDD wiped out my demo account, so I am no longer testing on their system for this review.

I am testing this on 4 brokerages at once - Alpari, IBFX, and FxPro. I tried to setup FXCM but their system would not give me a demo account so they're out of luck!

In no particular order, the brokerage statements are shown below:




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