Tuesday, December 11, 2012

TFOT - ARE THERE TWO FACES OF TREND?

Good day all, here is a Forex system that has been released for some time now. I thought it was about time I wrote about this one and see if "there really are two faces to the trend".

The website is actually a very comprehensive forex site. There are many EA's available along with some indicators as well. The company (BJF Trading) will actually code a strategy for you if you wish.

There really is not much available on the website about the strategy unfortunately. "Expert Advisor based on two different strategies. Both strategies work like two single modules. It help to avoid big drawdowns and strategies will hedge each other. Strategies use signals from standard and non standard build-in indicators and open/close prices values. You can use this strategy on any timeframe, because timeframe specified in code, but for the correct operation all timeframes should be open. For example if we have installed expert advisor on m15 timeframe, we also should open 1М 5М 30М 1Н charts. This expert advisor can be used with any brokerage company, but we recommend brokers with instant execution." I believe the reason the vendor calls this TFOT is that the EA is coded to sometimes hedge against the overall trend. With this being said I believe this EA would only work well on a broker that allows hedging.

There is a link to the 90% modeling quality backtest. I have posted it here.

The vendor has a live account dating back to 2010 with a deposit of 10,000USD. The account has done pretty good averall. I have a link to that  account here as well.

TFOT Live Account

At time of writing, this EA cost $684. They are currently having a holiday discount on many items. The original cost is over $1,000.

TFOT WEBSITE INFORMATION