What is the strategy?
According to the vendor page we have a system based off 3 indicators with a lot of "tweaking" It appears to use a tight SL of around 40 pips. Targets are aimed around 15 pips so not the greatest risk to reward ratio. We have a system that is reliant on hitting a high profitability percentage.
What about backtesting?
Backtesting is shown as a tick data BT 99%. But only dates back to 2010 and not the maximum amount of time(which would be back to 2007). I really wonder why the BT is not a longer one? Is it because the strategy failed miserably before this date? One can only guess and I don't have the means right now to prove that notion.
What about forward testing?
I have included the widget below of the forward test started. Interestingly this account was started with $5000. This is a nice deposit and displays the vendors confidence in this creation.
I remember purchasing William's Fast Forex Millions robot in the past. The support was good but the system was doomed from the start. Basically everyone the used this system became Beta testers for it. Thankfully refunding the EA was a viable option.
So did William finally create a masterpiece? Only time will tell but this vendor sure does like to create countless Forex trading software. Stay tuned indeed.
