Interbank Trade Advisor live forward test

Trading style: breakout trading combined with inter-range trend scalping in the US session; automatic trading combined with manual, with a variety of fundamental factors taken into account.
Currency pairs: EURUSD
Timeframe: unspecified
EA price: $99/month
License: 1 account
NFA compliance: yes (with DualMode disabled)
Refund policy: 30 days
Read more at the Interbank Trade Advisor website

Buy Interbank Trade Advisor

Note: this is a signal service that works via a trade copier.

Birt’s forward test

Settings: default, fixed lot size 0.04
Started: 12.01.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300

Interbank Trade Advisor live forward test

Official account

Settings: default
Started: 28.11.2011
Broker: unspecified
Account type: demo
Starting balance: $300

This entry was posted by birt on January 21, 2012 at 11:35 AM, and is filed under Live Forward Tests. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.

Comments (7)
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#1 written by AzHofi January 21, 2012 (1 month ago)

Wow, another genital invest. I better trust 100% robots than people on the oter end of the world.

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- #2 written by birt January 21, 2012 (1 month ago)
  
  I sure hope that’s not the case. Time will tell.
  
  In the meantime, I agree with you regarding trusting robots over signal services – you can backtest the former and get a decent idea of what might happen if shit hits the fan, so it’s much easier to build some confidence.
  
  Nonetheless, I’m still going to add signal services that seem promising in the idea that the independent forward test that I am running will be much more relevant 1 year from now.
  
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#3 written by Novan January 21, 2012 (1 month ago)

Hi Birt…Great to see new EA tested…really want to find something like MDP but with lower robust drawdown…

Btw is there BackTest result?

Thank you…

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- #4 written by birt January 21, 2012 (1 month ago)
  
  This is a signal service and it also involves discretionary trading so there won’t be any backtests (which is why I was saying earlier that this is going to be more relevant 1 year from now).
  
  Anyway, this one is nothing like MDP, take a look at its existing history.
  
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#5 written by jerome January 27, 2012 (3 weeks ago)

Hi all,

I’m using it. and I email frequently to the guy behind the signal.
A very professional one.
like any human, he is not perfect. but he respond quickly to our questions.
he predict the 1.32 price there is 2 weeks ago, but did not trade last night due to the movements on the market. at least it do some big good set of trades.

by the way… a backtest didn’T reflect the future, so no matter you want to BT an EA, you can’t be sure it will works correctly…

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#6 written by Joe February 2, 2012 (2 weeks ago)

It looks like SCAM. Your accounts NOT verified. WHY?

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- #7 written by birt February 2, 2012 (2 weeks ago)
  
  Unfortunately, none of my recent accounts are verified because myfxbook refuses to add PrivateFX, which is somewhat understandable seeing that it’s not a brokerage that’s open to the public.
  
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Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.

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