Pip Cop - Forex Robot Reviews - View Single Post - BUSTED - GT Shadow forex robot review

cogs · 2009-02-17, 04:42 PM

Thought I would just share findings on GT-Shadow.

After quite a bit of Strategy testing I decided to run with the best results of each on USDJPY, AUDUSD, GBPCHF and EURBGP.

The GBPCHF and EURGBP did not agree with the strategy settings and were selling at losses and did make what I considered to be good trades.

The USDJPY and AUDUSD have made what I considered to be 'sensible trades' albeit now with drawdown. The poisitive with the drawdown is they were long positions and the price will return to these prices so I will be holding.

I have switched off GBPCHF and EURGBP until I sort out what is going on. At first glance it appears at some stage the currencies lacked liquidity generating very wide spreads which GT-Shadow (or my strategy settings) did not compensate for.

Anyone else care to share their findings?

2009-02-17, 04:42 PM	#18 (permalink)
cogs Pip Officer Trader for 12 - 16 years Location: Australia Posts: 62	Findings to Date Thought I would just share findings on GT-Shadow. After quite a bit of Strategy testing I decided to run with the best results of each on USDJPY, AUDUSD, GBPCHF and EURBGP. The GBPCHF and EURGBP did not agree with the strategy settings and were selling at losses and did make what I considered to be good trades. The USDJPY and AUDUSD have made what I considered to be 'sensible trades' albeit now with drawdown. The poisitive with the drawdown is they were long positions and the price will return to these prices so I will be holding. I have switched off GBPCHF and EURGBP until I sort out what is going on. At first glance it appears at some stage the currencies lacked liquidity generating very wide spreads which GT-Shadow (or my strategy settings) did not compensate for. Anyone else care to share their findings?