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 »

SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 1999.01.04 10:15 - 2013.01.25 23:45
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersLotSize=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 test324251Ticks modelled64093800Modelling quality90.00%
Mismatched charts errors0
Initial deposit10000.00
Total net profit17998.79Gross profit47237.50Gross loss-29238.70
Profit factor1.62Expected payoff8.26
Absolute drawdown2274.21Maximal drawdown2738.73 (26.17%)Relative drawdown26.17% (2738.73)
Total trades2179Short 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%)
Largestprofit trade448.10loss trade-136.75
Averageprofit trade40.03loss trade-29.27
Maximumconsecutive wins (profit in money)28 (1116.59)consecutive losses (loss in money)18 (-614.50)
Maximalconsecutive profit (count of wins)1882.07 (16)consecutive loss (count of losses)-697.75 (9)
Averageconsecutive wins5consecutive losses4

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 »

SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 1999.01.04 10:15 - 2013.01.25 23:45
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersLotSize=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 test324251Ticks modelled64093800Modelling quality90.00%
Mismatched charts errors0
Initial deposit10000.00
Total net profit7031066.94Gross profit15242772.01Gross loss-8211705.07
Profit factor1.86Expected payoff3226.74
Absolute drawdown3874.27Maximal drawdown1799735.22 (31.45%)Relative drawdown41.46% (4338.79)
Total trades2179Short 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%)
Largestprofit trade332336.74loss trade-196900.50
Averageprofit trade12917.60loss trade-8219.92
Maximumconsecutive wins (profit in money)28 (10846.23)consecutive losses (loss in money)18 (-43387.81)
Maximalconsecutive profit (count of wins)1467026.42 (10)consecutive loss (count of losses)-617097.90 (7)
Averageconsecutive wins5consecutive losses4

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 »

SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 2007.03.30 16:01 - 2013.01.21 15:59
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersLotSize=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 test144630Ticks modelled82595510Modelling quality99.00%
Mismatched charts errors0
Initial deposit3000.00
Total net profit11444.89Gross profit23863.68Gross loss-12418.79
Profit factor1.92Expected payoff12.47
Absolute drawdown693.70Maximal drawdown906.11 (9.22%)Relative drawdown24.61% (752.70)
Total trades918Short 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%)
Largestprofit trade442.54loss trade-127.00
Averageprofit trade47.54loss trade-29.85
Maximumconsecutive wins (profit in money)19 (1224.38)consecutive losses (loss in money)17 (-271.18)
Maximalconsecutive profit (count of wins)1878.71 (16)consecutive loss (count of losses)-482.50 (8)
Averageconsecutive wins5consecutive losses4

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 »

SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 2007.03.30 16:01 - 2013.01.21 15:59
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersLotSize=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 test144630Ticks modelled82595510Modelling quality99.00%
Mismatched charts errors0
Initial deposit3000.00
Total net profit129789.24Gross profit287582.13Gross loss-157792.89
Profit factor1.82Expected payoff141.38
Absolute drawdown693.70Maximal drawdown28562.40 (20.83%)Relative drawdown31.29% (8389.74)
Total trades918Short 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%)
Largestprofit trade4576.71loss trade-3047.05
Averageprofit trade572.87loss trade-379.31
Maximumconsecutive wins (profit in money)19 (34603.75)consecutive losses (loss in money)17 (-13340.47)
Maximalconsecutive profit (count of wins)34603.75 (19)consecutive loss (count of losses)-13340.47 (17)
Averageconsecutive wins5consecutive losses4