FXReports.net Excalibur v3.5 forex robot review - Cancelled - Page 7 - Pip Cop

**Pheniox_Bernard** · 2009-05-21, 04:07 PM

Quote:

Originally Posted by Mavrik

Bernard, you mentioned that IBFX is the design, preferred broker

for this EA. Can you explain why the demo test here at Pip Cop has two others beating IBFX by substantial amounts? Yes, I'm aware that a demo is not a true and real world result, but the difference is substantial.

IBFX and many other brokers have to adhere to the new NFA ruling and as such pending trades are no longer allowed.

Excalibur is now at version v 5.0 and has addressed this issue and is performing better than the older version so perhaps the NFA ruling has turned out for the better as far as Excalibur is concerned.

More information is available on our support site.

Bernard

**PipCop** · 2009-06-22, 11:52 AM

Unfortunately I am forced to cancel this review because the robot uses hedging, which the brokers no longer support. As a result, the statements are just getting filled up with canceled orders and errors. Perhaps the authors will update their robot, and then we can re-do this review.