This article is obsolete and no longer maintained.
Trading style: scalping, mostly during the Asian session but to an extent also during the day using various TP and SL targets for each of the 11 pairs it trades. The EA uses a news filter to avoid potentially dangerous situations.
Currency pairs: AUDUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY
Timeframe: M15
Price: $199/year (demo version available; free licenses available with IB deal)
License: 1 live account, unlimited demo accounts
NFA compliance: yes (special setting)
Refund policy: 30 days
Read more at the Forex Real Profit EA website
Buy Forex Real Profit EA
Note: this forward test is running v6 and it was started due to the very large differences between v5 and v6 (the latter uses several new strategies and trades 24/7). The older forward test (started when I posted the Forex Real Profit EA review, early 2011) is still running v5 and will continue to do so for as long as v5 is supported by the vendor.
Birt’s forward test
Settings: default; Risk_percent: 5 on EURUSD, 3.5 on EURAUD, GBPUSD, USDCHF, USDJPY and finally 2 on EURCAD, EURCHF, EURGBP, GBPCHF and USDCAD, as per the vendor’s recommendation
Started: 13.07.2015
Broker: FXOpen (why?)
Current version: 6.20
Birt’s live forward test
Settings: default (including risk 3)
Started: 10.04.2012
Stopped: 12.06.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Current version: 6.06
Older forward test
Settings: default, risk 5
Started: 23.02.2010
Broker: GO Markets
Account type: live, micro
Starting balance: AUD 96.30
Official accounts
Settings: unspecified
Started: 15.04.2010
Broker: MB Trading
Account type: live
Deposits: $3596
Note: this account is running both v5 and v6.
Settings: unspecified
Started: 19.05.2011
Broker: Pepperstone
Account type: live (Razor)
Deposits: $709
Note: this account is running v5.
Settings: unspecified
Started: 06.02.2012
Broker: Pepperstone
Account type: live (Razor)
Deposits: $2000
Note: this account is running v6.
Backtests
All the backtests were performed using Dukascopy tick data with variable spread. The version used was v6.03. Just for reference, even though AvoidNews was enabled, the news filter is not active in backtesting.
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