Forex Accumulator

Currency Pair: EUR/USD

Timeframe: M5

Version: Accumulator III

Settings Changed:  none, Important: StartHour and EndHour set to GMT as instructed in product manual.

 

Forex Accumulator is a robot that came out in the beginning of August, and boasts amazing results, such as one account doubling its balance in a week.  Here we will put this robot to the test, and see what really happens on a live demo account!  So far its off to a good start, making 15% in the few days after its release.

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Forex Accumulator Demo (began Dec. 11, 2009)


Live Statement

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Click here to visit the Forex Accumulator website!

 

Forex Accumulator Discussion

Date: 01/25/2010

By: gavin foo

Subject: setting of accumulator

Hi, i pretty like the results showing in your web http://ackless3.dynalias.com/accumulator/statement.htm, i am about to buy this, but before that, can you pls provide me what is the setting in input you set in this EA?? especially the risk & reward ratio, you set 30 pips stop loss & 15 take profit is it, but why most of the trade did not hit 15 pips take profit & exit the trade, is it tailing stop you were using,?pls advice..tq

Lastly, what is the best time frame to run this EA? tq

Regards,
Gavin

Reply

Date: 03/21/2010

By: Steve ForexTestPilot.com

Subject: Re: setting of accumulator

The only setting I changed was the risk percentage with Accumulator II. Although, with the new Accumulator III, which I now run the test on, you don't need to decrease the risk percentage. All the take profits and stop losses you should not change, as the developers set these to what they are for a reason. Timeframe to run this on is M5. Good luck Gavin, thanks for your question!

Reply

 

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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Forex Test Pilot and any authorized distributors of this information harmless in any and all ways.

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