The Forex Wizard database collects and updates Robot test statements from a number of reputable and trusted sources. The data are consolidated for each robot and shown on the Robots tab. You can sort and filter the data and view further information on each robot which will enable you to make a more knowledgeable decision if you decide to invest in a Forex Robot.

Please enjoy the Spinning Wizard's staff while the database loads. The database may take up to a minute to load. Once the database is loaded the table can be sorted and filtered very quickly

Introducing Forex Wizard
Firstly welcome to Forex Wizard and we sincerely hope that the information available on this site enables to you make some smart decisions regarding Automated Forex Trading. We would like to take this opportunity to explain very briefly three things;
hideIntroducing Forex Wizard
Firstly welcome to Forex Wizard and we sincerely hope that the information available on this site enables to you make some smart decisions regarding Automated Forex Trading. We would like to take this opportunity to explain very briefly three things;

How the site came to be and where it fits in the Forex Robot trading space;
The strict ethical policies we have imposed on ourselves to ensure our revenue stream does not compromise the integrity of the information presented.
The measures we have taken in order to ensure the highest standards of data integrity
There has been a veritable explosion of Forex Robots on the market over the last two years and whilst almost all of them failed to meet the promises there are a number that have proved profitable and worth using. But finding out which ones fall into which category was a time consuming and costly business.
So along came a number of websites that provided narrative reviews of the robots, largely focusing on how easy the robot is to install and how quickly the customer service support responds to them. The accompanying ‘Buy Now’ links perhaps served more of a testimony to the affiliate programs linked to the robot than the quality of the reviews.
Then we saw the appearance of a handful of review sites that showed forward test data for a large number of robots. This made the picture a lot clearer regarding what may be expected from the Forex Robots in general and more importantly which ones. These sites are also signed up with the affiliate programs, however they have done the service of providing empirical data to support the performance of the products they are referring.
We spent many hours each week gathering the data from all these sites to see which robots performed consistently. Finally we bit the bullet and created Forex Wizard to share the consolidated results which constitute the most comprehensive data that you can find anywhere regarding these Forex Robots.
The site is monetorised which means that we are signed up with virtually all the affiliate programs and we also place advertisements on the website. However we GUARANTEE that the following policy will be strictly adhered to:

  1. The database will show all the test data for any robot that we can find regardless of whether or not the robot seller offers us an affiliate partnership.
  2. The Wizard Top Picks is based on a specific set of criteria that each any robot must meet in order to be included on the list. The list is dynamically generated each time a page is loaded based on the latest information available. Any and all robots meeting the criteria will appear on the list. We aim to keep the list to between 5-10 robots and we envisage that the parameters will be tightened over time.
  3. Only robots on the Wizard Top Picks list will appear in the Large Column Advertisements on the site. However in this case we can only produce ads for those robots that offer the appropriate marketing materials and those are almost exclusively the ones that offer affiliate programs.
  4. The criteria for being on the Wizard Top Picks include a minimum number of trades and a minimum cumulative time period under test. Therefore you will not see advertisements for robots that have just entered the market along with the all the surrounding hype. We advise purchasing products proven by comprehensive, independent forward testing as a minimum. We are not prepared to compromise our reputation on this issue by advertising new releases based on marketing hype and supplier sourced backed tests. If we miss out on the initial sales wave then so be it.

There are a still a few of points to be made regarding the integrity of the information presented.
  1. We will show all the test data that we can find. We will not be selective, nor filter the data we collect in any way. We will show the good, the bad and the ugly and let you decide.
  2. We will aim to keep on record as much historical information as possible. It may not always be possible to retain links to the original statements as we are not the owners of this data.
  3. It is possible for the owner to change account that is linked to the publisher statement. Potentially there is the opportunity to change a negative performing statement into a positive one by switching account. We have various checks in place to ensure that we catch these statements and stop updating them with a potentially erroneous account.
  4. Sometimes the broker cancels the demo accounts and the tester will restart the test on the same publisher address. Our checks will identify these situations and we will keep the old and the new information separately.
  5. It is possible for a tester to remove the balance from a live account during or near the end of the test. This can serve to make the overall gains look more impressive compared to the investment risk. We do have checks in place to identify these situations.
There are probably twice as many methods that could be employed to present manipulated test data that we could not catch. We are careful only to use reputable sources for the data and also we believe that ultimately the Forex Wizard strategy of using multiple test sources for each robot will minimise if not eliminate the potential for tomfoolery and provide sound information for you to peruse.

Choose Wisely
The Wizard
What is a Forex Robot?
Let's start from the beginning and explain what a Forex Robot is, what it does, how it is used and what is needed to get started. Let's go...
hideWhat is a Forex Robot?
Let's start from the beginning and explain what a Forex Robot is, what it does, how it is used and what is needed to get started. Let's go...

A Forex Robot can normally be defined as a computer software program that executes trades according to a pre-programmed strategy without the need for human intervention. The term Forex Robot is almost entirely interchangeable with the term Expert Advisor (EA). Any difference would be that 'Expert Advisor' is a term coined for the programs that run on the MetaTrader platforms which happens to be the most commonly used trading platform for individual Forex traders. An EA may also trade commodities such as Gold, Silver and Oil through the Metatrader platform according to the broker, in which case it would be inappropriate to call it a Forex Robot. However in 99% of cases an EA is a Forex Robot and the Forex Robot you are looking at is an EA.

The key advantages of a Forex Robot are that it can execute a predefined strategy 24/5 without exhibiting the symptoms of tiredness and emotion that can have a detrimental effect on a human being trying to attempt the same thing. Many robots can perform simultaneously on multiple currency pairs and time frames. 
There are also two exceptions or variants to the definition given above that are worth mentioning; 

    1. Semi Automatic Robot There are some robots that are semi automatic. This usually means that the robot identifies the signal and prepares the trade but requires human intervention to place the trade. There are a number of robots that can be run in semi or fully automatic mode.
    2. Duplicate Account The second variant is not really a slave robot that duplicates the trades of a live trading guru or a master robot which is managed centrally.

Robots are written in the computer language based on C+ which is a compiled language. If you know almost any computer language like C, PHP, ASP, Javascript or Java then you will probably be able to learn and compile your first simple EA within hours. All you need is a winning strategy.

User Defined Parameters. Activating an installed Robot is a very simple step that involves simply dragging the robot onto a MT4 chart. You will be prompted for a number of parameters. If you have already used the robot before then you can load the parameters from a saved file. If this is the first time you have used a robot, or if you didn't save a copy of the parameters, then you will have to enter them manually. The number of parameters varies greatly for different robots and they will all fall into one of the following categories:

  • Authorisation: For most commercial robots you will be required to add a verification code without which the robot will not activate.
  • Style: The robot will show various pieces of information on the chart and if you do not like the default settings most of these can be changed
  • Trading Hours: Many robots are designed to work within specific trading hours. The Asian session is particularly popular for scalping robots which make up the majority of the market place. A good robot will detect the correct time automatically, but some will require you to confirm the offset time between the server/broker and GMT.
  • Risk: Most robots allow you to manage the risk via controlling the lots sizes, the money management systems, aggressive recovery modes and the use of Martingale systems. This is why you should test your robot on a demo account first so that you are familiar with the robot's behaviour at different risk settings.
  • Strategy: Some robots contain multiple strategies that you can individually flag on or off and many allow or require you to modify the settings of the strategy. We'll discuss elsewhere why the latter may not be such a good thing.

Installation. The installation process for most robots is relatively simple. Download the software immediately after purchase. You will usually find the following files.
a readme file in .pdf format containing the detailed installation instructions. Most of this even walk you through installing the MetaTrader platform itself and setting up a brokerage account.
The robot executable file which usually has a .mt4 file extension. Do not click on this file.
Usually there will be a .dll file which is simply a library of programs and resources that the main program will call on.
The readme file will walk you though the installation process, but more often than not it means moving the .mt4 file to one folder and the .dll file to another folder and then restarting your MT4 trading platform. 

VPS stands for Virtual Private Server and if you want to use a Forex Robot successfully then you absolutely need one. Essentially this is your own dedicated space on another computer that is always running. You will have your metatrader platform along with your robots installed here to ensure that they are connected up to your broker all the time. This will protect you against home internet and power outages, slow connections, MicroSoft (or Apple) operating system updates which regularly shut down your computer at night, competing resources on your own PC and any other accidents that impair the running of the MT4 platform if you were running it on your home PC. The consequences of such an event can be, and usually will be, disastrous. There are a number of services that are dedicated to the Forex Robot market and will help you with setting up your VPS right through to installing your robot.

Combinability The possibility of running two or more robots on the same account is something that will occur to you if it hasn't already. In the same sentence you can also include trading manually in the same account as your robot. The advantages of doing this are significant. Let's imagine that you have $1,000 to trade and two robots which have shown a demonstrated performance of 5% equity gain per month. One option is to create two accounts and put $500 and one robot on each account. If performance goes to plan then at the end of the month you will have $525 in each account and a total of $1,050. Now the second option is to put the $1000 and both robots in one account. Again, supposing performance goes according to plan then your account will show $1,100 at the end of the month. 
The potential advantages are clear. However there are a number of things to be aware of.

  • Magic Numbers Most robots use magic numbers as a fingerprint on each trade to ensure that they only manage their own trades. If you combine robots on a single account, or wish to trade manually then all robots must use magic numbers and the magic numbers must be unique to each robot. So if you wish to trade multiple robots on the same account then it is wise to consider robots that would be compatible in the same environment. Ideally ones that are set to work in different trading hours and/or ones that typically have a low number of trades per day.
  • NFA rules require FIFO trade management, outlaw hedging and have more recently lowered the leverage available on accounts. If you have an NFA broker then these regulations are likely to interfere with robots trading on the same account

Brokers in general have probably reached the point where they have realised that robot trading is here and they might as well embrace it and attract customers wishing to use robots rather than treating the whole thing as a threat. So you will see many brokers encouraging robot owners including scalpers to trade with them. However that does not mean that some of the techniques they are often reputed to use against individual traders won't work against robots. The famous 'stop hunting' being the most referenced. For this reason it is always wise to see if your robot includes the technology to hide the stop losses from the broker and only close out trades when it wants to. Most robots include this functionality and again it means that a permanent VPS connection is indispensible.

Choose wisely

The Wizard
Do Forex Robots really work?
Yes there are certainly some Forex robots that work. But that doesn't mean that you won't hear a lot of views to the contrary.  The Wizard uncovers the reasons why there is such a diversity of opinion out there and lays out the case for why Forex robots can be profitable.
hideDo Forex Robots really work?
You would have thought that this should be something that everyone could agree on? Right? Either they work, or they don't. Either they make money or they don't. It's that simple. So why is it that there are some who say yes and many who, with equal certitude, say no?

To answer the question the first thing to do is to follow the money. It is highly likely that many of those who choose to express an opinion have a vested interest, or at least a perceived interest, in that opinion. Obviously the robot makers are going to try to convince you that they can work.... aren't they? But actually, that's not entirely the case. Most of them try to convince you that 95% of the others don't work..... except theirs of course. I'm trying to think of another industry where the players regularly claim that everyone else in the market place is a scam artist peddling faulty products, (leaving politics aside for the moment). If the customer base wasn't a bit sceptical before reading a few of these sales pages, then they are certainly going to be afterwards.

So if the well wasn't sufficiently poisoned by the very people who wish to draw from it, their industry competitors who are selling signals, managed accounts, tutorials and strategies are more than happy to pollute it further. Successful forex robots represent a threat to their space, so you will understand the vested interest when you hear a negative opinion expressed from this direction. Somewhere in the middle of all this are the review sites like this one. We try to provide balanced information on which ones work and which ones don't. But in weeding out the non performers, we are still supporting the overall argument that some Forex Robots can make money and we also provide purchasing links to the robots. So can you even trust us for an honest answer?

As for the users, there will usually be those who have found success with one or more robots and are happy to keep quiet and let the money roll in. On the other side there is sure to be a large crowd of embittered owners of busted accounts who are likely to be much more vocal regarding their experiences. And what might these experiences be? Well a typically sales page for a Forex Robot leaves plenty of opportunity for the product not to live up to these exaggerated claims. I have even seen some of the pages make a meal out of the fact that the robot can simply execute trades while you are not there. As if the ability to trade automatically was the ultimate goal regardless of the outcome. If that's ALL the robot can achieve, then yes you are going to see some disappointed customers out there. 

OK that was a simple observation, let's move onto something a little more subtle. There are a number of robots out there that require a lot of user customisation upon installation. Giving the user the ability to set and modify a range of parameters upon installation sounds like a wonderful thing for the robot provider to include. There are certainly some areas where it is desirable to let the user have some control over, e.g. Risk levels, money management options, magic numbers and the verification code. However it is when the robot manufacturers allow the users to modify key strategy variables like take profit and stop loss levels that things get complicated. There are two critical outcomes of letting the users adjust the strategy parameters:

  1. There are sure to be both winners and losers over a given time period due to the different parameters
  2. The responsibility for the success of the robot is shared between the user and the maker

If you pause to consider the implication of those two consequences you will understand a little further what you may have already noticed. A lot of conflicting opinions over the performance of a robot from different users and also an abdication of responsibility on the part of the maker for their product. In the case that you contact the maker after losing heavily, they can easily point to a set of parameters or another customer that was successful with the robot over the same period. I believe that the maker selling the robot should have entire ownership over the success of their product. When I open the box, I want to see the strategy settings locked down. I don't want to be given the opportunity to change these settings based on changing market conditions. I didn't write the strategy for the robot and likely I don't know it. So how am I, the user, going to adjust the strategy for the prevailing market conditions when the strategy is in a black box.

There are also robots out there that need to be used differently. There are some robot testers out there that will bin a robot if it draws down below x% or actually blows the account and claim that the robot doesn't work. Now we do need to be careful here, because there is a certain type of robot that has the potential to do this yet can still have a place in your trading strategy. I saw one robot available on an upsell, that actually claimed that it would blow an account 3 times out of 10. Before we throw this robot into the pile of toxic waste, it was worth noting that the maker claimed that the other 7 times it would double the account. I don't know about you, but if I'm playing double or nothing and winning 70% of the time then I will keep playing. However it is absolutely imperative that the profits are withdrawn on a regular basis for this type of robot. We'll discuss this more when we talk about your overall trading strategy.

So do some or any Forex Robots out there actually work? I believe that the answer to this question is yes and I'll give you three reasons why:
  1. The big banks and financial institutions use automated trading and have a large percentage of their trades executed via automated programs. 
  2. Having been an individual investor for nearly 20 years and also studied many aspects of investing I believe that you can be a successful trader no matter if you employ fundamental analysis or technical analysis to your trading decisions. There are a number of technical analysis strategies that have proved to be consistently successful. If the strategy can be programmed the there is no reason why a robot can not successfully execute the same strategy. This can apply to Stocks, Bonds, Commodities and Forex. The Forex market is the most conducive to automated trading because of the immense size and liquidity of the market combined with two critical factors which are the low broker overhead (spreads/commissions) and the high leverage available to individual traders. Despite, or maybe because of, the fact that the Forex market is unique in that it does not have any central exchanges, it does have a very commonly used trading platform, MetaTrader, which can be used by the small individual trader. Some precious metals and other commodities can now be traded on the same platform. Conversely the Stock and Bond markets which receive far more attention do not have this worldwide standard platform. Yes you can trade online but it is always via the direct interface specific to your broker. 
  3. The first two points are simply well reasoned arguments. But take a look at the Wizard Database, there is a clear indication that there are some robots on the market that generate consistent profits on multiple live and demo accounts during different time frames with different brokers. That is the proof that I am looking for and that is the most compelling reason of why I believe that some Forex Robots do work. However there is a lot of dross out there in the market place and we need an efficient tool to sift through all of it.

The automated Forex robots have exploded onto the market over the last 2-3 years so they are still very much in their infancy. Most individual forward test statements that you see anywhere don't have the trading time and volume of trades to provide convincing proof. And back tests are worthless. There just hasn't been sufficient evidence and factual data to clinch the argument one way or another. The absence of data always leaves a giant vacuum in which confusion and opinions rein. This is where the Wizard database can be of help. With information from over 500 forward tests on over 200 different robots we can begin to consolidate and aggregate all the n=1 tests and experiences out there and build a much clearer picture on what works and what doesn't. Using the Wizard database you can start to make intelligent, fact-based decisions about your Forex trading and move forward with the odds stacked a little more in your favour.

Choose Wisely
The Wizard
Using the Wizard Database.
The wizard explains in great detail how to get the most out of the wizard database
hideUsing the Wizard Database.
So you think the wizard database is a pretty neat thing. Great thought, it is. You might like to read this first to help you understand a little better the database so that you know what you are looking at and how best to use it. I'll start by explaining all about the database and then move on to how to use it.

There are a number of review sites out there that are doing a great job of testing robots. You will see many of the same robots under test on different sites. In many cases the robots perform are showing consistent results under the different test envirnonments, but in many cases you see it winning on one site and losing on another. Now there are some very good reasons why that can happen which I will not get into right now. The point is that you can not accurately determine if a robot works or not based on just one test over 90 days. So use the filter and sort features on the wizard database to narrow the field down to the few robots that are actually worth something.

Pips Per Trade
The most effective filter for eliminating the dross is the Pips Per Trade filter. If the robot is not generating positive pips per trade then the intrinsic strategy or algorithm is not sound and the robot will eventually fail. Aggressive money management systems can hide this flaw in the short term, may be long enough for the 60 day warranty to expire, but over the long term the robot will fail. In fact, to cover broker spreads and commissions I contend that the robot needs to generate at least 2 pips per trade to be considered. Go ahead and put 2 pips per trade into the filter and see what happens to the list. At the time of writing, 135 of the 317 robots tested are generating +ve pips per trade. That means that about 2/3s of the field won't even work in a test environment. The vast majority of the tests on file are in a demo environment and not subject to the broker spreads. 

Watch out for Trade Splitting
If you filter for 2 pips per trade then only 61 robots survive. That's only 20% of the field and we have to look at those a little closer. Unfortunately some of these surviving robots are not truly generating 2 pips per trade. For example, if you take a closer look at AI Robot then you will see that it is splitting trades and it does so in such a way that the winning trades often get counted twice. You will notice that the lot size for the winning trades is usually smaller than the losing trades and that in these cases there are two winning trades that were opened at the same time. Thus the winning pips get counted twice and this skews the averages. A significant portion of the 20% remaining exhibit this trait. Check the statements for multiple trades opened at the same time and where the winning trades have smaller lot sizes than the losing trades to eliminate these robots from your consideration. We we soon add a filter to the database to identify the robots which trade split.

- Number of tests / Number of Trades, Number of Days
These filters are all about volume. I have a lot more confidence in the robots the more tests, the higher number of trades and number of days under test. With the volume of data that we have in the wizard database, you would like to see at least 3 different tests and a minimum of 500 days over 500 total days of trading. On some robots you will see many more. If we apply these to the filters then we are down to about 15 robots. Imagine that, just 5% of the robots on the market might actually work! 

From this list you should be able to narrow down the most likely prospects to consider purchasing. That is the power of the wizard database when used properly. With a few clicks we have consolidated over 1000 forward tests for over 300 different robots down to a short list of valid candidates. 

From here you can click on each robot to get a more detailed summary of each test and a link to the statement or an archived image of the statement. At this point if the statement for each robot show consistent results then I start to like the robot.

Choose wisely,

The Wizard.

Martingale and Money Management. (Part I)
The wizard demonstrates how the simplest Money Management (MM) strategies starts shifting the odds against you and argues that Money Mangement should be considered as your defense, not the offense.
hideMartingale and Money Management. (Part I)
The wizard demonstrates how the simplest Money Management (MM)  management strategies starts shifting the odds against you and argues that Money Mangement should be considered as your defense, not the offense.

Whenever we talk about MM, the term Martingale is never far away. So in this article I want to take a serious look at the impact of money management and also the relevance of a Martingale system. This is a very mathematical exercise which I will attempt to make as simple as possible. If maths is not your strong point and you wish to continue with Forex Trading then I would advise you to persevere with this as far as you can until you understand. Otherwise you will just have to put your faith in a bunch of simplistic phrases which usually contain a truth, but not the whole truth.

There are a number of aspects to money management, but for the purposes of this article I want to focus on the part which determines how much of your account you will put at risk on a single trade. How can that determination impact your overall success? If you understand what is going on in these examples, then you should be able to translate the same concepts to the larger issues of money management like, manageing drawdown or multiple accounts.

In order to try and make this as easy to explain as possible let's consider the following situation
  1. A trading strategy that involves a series of trades with only one trade open at a time.
  2. A 'binary' outcome. i.e 20 pip take profit and 20 pip stop loss
  3. No broker spreads.
  4. Equal chance of success or failure.
In fact I've made that situation so simple that it's exactly the same as a series of coin flips. You bet on the outcome and either you win or you lose.

Now we start our account with $100 and we decide to risk 50% of the available account balance on each trade. Suppose we make 2 trades and get a 50% success rate. i.e. 1 win followed by 1 loss.

So the account progresses as follows. 50% of the account balance i.e. $50 was risked on the first trade which won and netted $50 profit resulting in a new account balance of $150. So 50% of that ($75) was risked on the second trade which lost and the account balance falls to $75 which now shows an overall loss of $25.

The order of the wins and losses in the sequence has no impact on the outcome. If you did 4 trades with 2 wins and 2 losses your final account balance would stand at $56.25 no matter what the order. A series of 100 trades would take a million dollar account down to 50 cents. You would require a win rate of 67% just to break even. Did you know that heads or tails could be so dangerous?

If you see, or have a robot that has a higher win/loss rate than this, then don't think that has addressed the problem. When this robot loses, it will lose more pips than it makes when it wins. If you go back and read the 2nd condition on our game then you will see that we are not comparing apples to apples.

Risking 50% of account equity on a single trade is rather extreme, and the example was only used to illustrate a point. Reducing the stake put at risk into this system to 10% of account the account balance changes things dramatically. After 100 trades your million dollar account would still have just over $600K remaining and the required success rate is 53% to break even. If you go down to 2% then you still have $980K remaining and your break even success rate is 50.5%. Now that may seem more acceptable, but as Al Pacino once said. 'This is a game of inches' and even that .5% bais against you will account for something over the long term.

What we have discussed here is in fact an 'Anti-Martingale'  or 'Reverse Martingale' system. One in which the risked amount increases as the account increases. We can see that in this system the required break even success rate increases with the % risk on the account. Hopefully at this point, you have started to realise the dangers of not thinking through the MM issue and the impact it can have on your account. There is NO money management system that can lower the required win rate below 50% for our strategy. This is what is meant when we say that Money Management is a defensive aspect of trading and not a offensive one. You can't use money management to stack the odds in your favour. You can only be smart and prevent it from killing your account. Money Management can not turn a inherently losing trading strategy into a winning one over the long term whether trading  manually or robotically.

To address this problem there are two methods which can be used separately or together.

1. Increase the account size, lower the risk. If you wish to risk about $20 per trade, and use this MM approach then your required success rate will be much lower if you risk 2% of a $1000 account as opposed to 20% of a $100 account. However if your strategy does exceed the break even success rate, then your account will not show that eye catching exponential growth that you will get with the higher risk ration. But you are stacking the odds more towards your account going in the right direction. If you know, or are confident in, your demonstrated success rate then there is a mathematical calculation you can do to optimise your risk percentage to achieve the maximum growth.
2. The step method can also be used to neutralise the effects of Anti Martingale. This involves keeping the risk to a fixed dollar amount until the account balance has changed by a predetermined percentage which should be from 5x to 10x the risk percentage. So if you are risking 2% per trade on the initial account balance then you should continue to trade the same fixed amout, (or lot size) until the account has grown by 10% to 20% before you recalculate your risk.

If your robot includes a step money management system then this is very good news and you will know that the makers have done that little bit more to stack the odds in your favour.

Trade Wisely

The Wizard

We welcome your opinions. This is a public forum. Libellous and abusive comments are not allowed.

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@Mike. Thank you Mike,I will shortly contact you.

John, 1311860543

Hi, my name is Mike and I would like to inquire about submitting our new Forex Robot B.O.R.N Night Owl to your site for testing purposes. It is commercially available at and the affiliate link is We are ready to provide you with an evaluation copy of the software for testing purposes, Thanks, Mike

Mike, 1308490726

@Greg. Good question. Yes we are aggregating the number of days and that is shown in one column. However the average ROI is calculated as a weighted average of the ROI from each statement for that robot. Example. If we had TEST A with a 10% monthly ROI and TEST B with 20% monthly ROI then the average ROI would be 15% IF they had been running for the same number of days. However if Test A had been running for twice as many days as Test B then the average ROI for the robot would be 13.3% as Test A would influence the average more than Test B. Neil

Neil, 1291323422

Just a bit of feedback about how your database works. I believe the results are being skewed because you are aggregrating the number of days when a robot has been tested multiple times.ROI is an average over the multiple tests so the number of days should also be averaged not added together. That way the ROI/month column would be more meaningful. I hope this makes sense to you. Greg

Forex Auto Trading Systems, 1290891459

@Greg. Thanks so much for your kind offer. Great site you have there and I'll get right on to adding all your statements to the wizard database. Neil.

Neil, 1290335060

Hi guys, if you'd like my 2 cents worth, I am currently testing 10 EA's at If you'd like to add those statements to your site you are more than welcome. Greg Annett, Webmaster,

Forex Auto Trading Systems, 1290306714

You guys have gathered a seriously cool amount of data. Thank you.

Simon, 1289660474

Risk Disclosure


You should be aware that trading Foreign Exchange carries a high level of risk, and you can lose some or all of your investment. The high degree of leverage that is often obtainable in forex trading, can work against you as well as for you. The use of leverage can lead to large losses as well as large gains. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. We will not be liable or responsible for any loss or damage due to any reason.

All information on this website is for educational purposes only and is not intended to provide financial advice. 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 the Forex Wizard team harmless in any and all ways.

The use of this website constitutes acknowledgement and acceptance of these risks.