Trading style: based on volatility, it opens multiple trades with a fixed lot size attempting to capture trend movements; this EA is the successor of Forex Growth Bot and the trading style is similar with the exception that Forex Invest Bot might open a lot more trades (I’ve seen it exceed 20 concurrent trades) and it uses an improved entry & exit system.
Currency pairs: EURUSD
Timeframe: M15
Price: $197
License: 1 live account
NFA compliance: FIFO only
Refund policy: 60 days unconditional (Clickbank policy)
Read more at the Forex Invest Bot website

Buy Forex Invest Bot

Birt’s forward test

Settings: default, LotSize 0.1
Started: 17.01.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Current EA version: 1.3
Note: This EA was in development for a long time. The developer, Eugene, sent me Forex Invest Bot over one year before its launch. Back then, it was v1.0 beta, at the time of publishing this forward test it’s v1.2. I’ve been running it since January 2012 using v1.0 beta with LotSize 0.06 until 29.01.2013 when I changed the LotSize to 0.1 and updated to v1.2.
Edit 31.01.2012: the author confirms that the beta version I used had a somewhat different core logic and was opening more trades than the release version is going to. In order to check the performance of the release version (v1.2) you can analyze the results starting with 29.01.2013.

Forex Invest Bot live forward test

Official accounts

Settings: unspecified
Started: 06.12.2012
Broker: Synergy FX
Account type: live
Starting balance: $3312

Forex Invest Bot official Synergy FX live account

Backtests

History center data

Both history center data backtests are spanning the 1999-2013 range and they’re using a fixed spread of 1.0 pips. I backtested with and without the reinvest capital option; all the other options were .

Forex Invest Bot v1.2 EURUSD M15 1999-2013 backtest, history center data, spread 1.0, default settings, reinvest capital disabled

myfxbook

Forex Invest Bot v1.2 EURUSD M15 1999-2013 backtest, history center data, spread 1.0, default settings, reinvest capital disabled

Show backtest summary »

Symbol EURUSD (Euro vs US Dollar)
Period 15 Minutes (M15) 1999.01.04 10:15 - 2013.01.25 23:45
Model Every tick (the most precise method based on all available least timeframes)
Parameters LotSize=0.1; Magic=740714; FIFO=false; ClosePreviousSessionOrders=2; InternalControl=true; ManualTradeControl=false; MaxTradesPerSideAllowed=99; BotComment="Forex Invest Bot"; FastVolatilityBase=5; SlowVolatilityBase=60; VolatilityFactor=3; SupportFastVolatilityBase=5; SupporVolatilityFactor=2; ProfitTarget=0.2; StopLoss=0.2; ProfitLossVolatilityBase=50; SmartEntry=true; ReInvestCapital=false;
Bars in test 324251 Ticks modelled 64093800 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 17998.79 Gross profit 47237.50 Gross loss -29238.70
Profit factor 1.62 Expected payoff 8.26
Absolute drawdown 2274.21 Maximal drawdown 2738.73 (26.17%) Relative drawdown 26.17% (2738.73)
Total trades 2179 Short positions (won %) 997 (54.46%) Long positions (won %) 1182 (53.89%)
Profit trades (% of total) 1180 (54.15%) Loss trades (% of total) 999 (45.85%)
Largest profit trade 448.10 loss trade -136.75
Average profit trade 40.03 loss trade -29.27
Maximum consecutive wins (profit in money) 28 (1116.59) consecutive losses (loss in money) 18 (-614.50)
Maximal consecutive profit (count of wins) 1882.07 (16) consecutive loss (count of losses) -697.75 (9)
Average consecutive wins 5 consecutive losses 4
Forex Invest Bot v1.2 EURUSD M15 1999-2013 backtest, history center data, spread 1.0, default settings, reinvest capital enabled

myfxbook

Forex Invest Bot v1.2 EURUSD M15 1999-2013 backtest, history center data, spread 1.0, default settings, reinvest capital enabled

Show backtest summary »

Symbol EURUSD (Euro vs US Dollar)
Period 15 Minutes (M15) 1999.01.04 10:15 - 2013.01.25 23:45
Model Every tick (the most precise method based on all available least timeframes)
Parameters LotSize=0.1; Magic=740714; FIFO=false; ClosePreviousSessionOrders=2; InternalControl=true; ManualTradeControl=false; MaxTradesPerSideAllowed=99; BotComment="Forex Invest Bot"; FastVolatilityBase=5; SlowVolatilityBase=60; VolatilityFactor=3; SupportFastVolatilityBase=5; SupporVolatilityFactor=2; ProfitTarget=0.2; StopLoss=0.2; ProfitLossVolatilityBase=50; SmartEntry=true; ReInvestCapital=true;
Bars in test 324251 Ticks modelled 64093800 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 7031066.94 Gross profit 15242772.01 Gross loss -8211705.07
Profit factor 1.86 Expected payoff 3226.74
Absolute drawdown 3874.27 Maximal drawdown 1799735.22 (31.45%) Relative drawdown 41.46% (4338.79)
Total trades 2179 Short positions (won %) 997 (54.46%) Long positions (won %) 1182 (53.89%)
Profit trades (% of total) 1180 (54.15%) Loss trades (% of total) 999 (45.85%)
Largest profit trade 332336.74 loss trade -196900.50
Average profit trade 12917.60 loss trade -8219.92
Maximum consecutive wins (profit in money) 28 (10846.23) consecutive losses (loss in money) 18 (-43387.81)
Maximal consecutive profit (count of wins) 1467026.42 (10) consecutive loss (count of losses) -617097.90 (7)
Average consecutive wins 5 consecutive losses 4

Dukascopy tick data

The tick data backtests were also with the reinvest capital option disabled and enabled. The test files span the whole available data (2007-2013) and were created with the actual Dukascopy spread.

Forex Invest Bot v1.2 EURUSD M15 2007-2013 tick data backtest, real spread, default settings, reinvest capital disabled

myfxbook

Forex Invest Bot v1.2 EURUSD M15 2007-2013 tick data backtest, real spread, default settings, reinvest capital disabled

Show backtest summary »

Symbol EURUSD (Euro vs US Dollar)
Period 15 Minutes (M15) 2007.03.30 16:01 - 2013.01.21 15:59
Model Every tick (the most precise method based on all available least timeframes)
Parameters LotSize=0.1; Magic=740714; FIFO=false; ClosePreviousSessionOrders=2; InternalControl=true; ManualTradeControl=false; MaxTradesPerSideAllowed=99; BotComment="Forex Invest Bot"; FastVolatilityBase=5; SlowVolatilityBase=60; VolatilityFactor=3; SupportFastVolatilityBase=5; SupporVolatilityFactor=2; ProfitTarget=0.2; StopLoss=0.2; ProfitLossVolatilityBase=50; SmartEntry=true; ReInvestCapital=false;
Bars in test 144630 Ticks modelled 82595510 Modelling quality 99.00%
Mismatched charts errors 0
Initial deposit 3000.00
Total net profit 11444.89 Gross profit 23863.68 Gross loss -12418.79
Profit factor 1.92 Expected payoff 12.47
Absolute drawdown 693.70 Maximal drawdown 906.11 (9.22%) Relative drawdown 24.61% (752.70)
Total trades 918 Short positions (won %) 449 (57.02%) Long positions (won %) 469 (52.45%)
Profit trades (% of total) 502 (54.68%) Loss trades (% of total) 416 (45.32%)
Largest profit trade 442.54 loss trade -127.00
Average profit trade 47.54 loss trade -29.85
Maximum consecutive wins (profit in money) 19 (1224.38) consecutive losses (loss in money) 17 (-271.18)
Maximal consecutive profit (count of wins) 1878.71 (16) consecutive loss (count of losses) -482.50 (8)
Average consecutive wins 5 consecutive losses 4
Forex Invest Bot v1.2 EURUSD M15 2007-2013 tick data backtest, real spread, default settings, reinvest capital enabled

myfxbook

Forex Invest Bot v1.2 EURUSD M15 2007-2013 tick data backtest, real spread, default settings, reinvest capital enabled

Show backtest summary »

Symbol EURUSD (Euro vs US Dollar)
Period 15 Minutes (M15) 2007.03.30 16:01 - 2013.01.21 15:59
Model Every tick (the most precise method based on all available least timeframes)
Parameters LotSize=0.1; Magic=740714; FIFO=false; ClosePreviousSessionOrders=2; InternalControl=true; ManualTradeControl=false; MaxTradesPerSideAllowed=99; BotComment="Forex Invest Bot"; FastVolatilityBase=5; SlowVolatilityBase=60; VolatilityFactor=3; SupportFastVolatilityBase=5; SupporVolatilityFactor=2; ProfitTarget=0.2; StopLoss=0.2; ProfitLossVolatilityBase=50; SmartEntry=true; ReInvestCapital=true;
Bars in test 144630 Ticks modelled 82595510 Modelling quality 99.00%
Mismatched charts errors 0
Initial deposit 3000.00
Total net profit 129789.24 Gross profit 287582.13 Gross loss -157792.89
Profit factor 1.82 Expected payoff 141.38
Absolute drawdown 693.70 Maximal drawdown 28562.40 (20.83%) Relative drawdown 31.29% (8389.74)
Total trades 918 Short positions (won %) 449 (57.02%) Long positions (won %) 469 (52.45%)
Profit trades (% of total) 502 (54.68%) Loss trades (% of total) 416 (45.32%)
Largest profit trade 4576.71 loss trade -3047.05
Average profit trade 572.87 loss trade -379.31
Maximum consecutive wins (profit in money) 19 (34603.75) consecutive losses (loss in money) 17 (-13340.47)
Maximal consecutive profit (count of wins) 34603.75 (19) consecutive loss (count of losses) -13340.47 (17)
Average consecutive wins 5 consecutive losses 4