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R0yal Hedge EA


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Interesting EA. When I first saw the statement I thought of similarities between this report and FXGenius EA. But the fact that it is a real account at Forex.com does not support this assumption. It has no SL or TP so trades are fired and closed by some internal logic with the risk kept at a good ratio with the winners. It is not an Asian Scalper eother. Chances are this EA is a hook for "private" management and is not being sold as it has become the norm with russian coders lately. To think that someone will put their money at some brokerage to be managed by an unknown entity is ludicrous to me, but hey whatever floats the boat!

 

Best of luck

Edited by fxknight
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FRWC's Royal Trader Hybrid EA

 

Here's the short version of what happened:

 

- They set out to find the BEST EAs IN THE WORLD!

- $150,000 in prize money was put up for grabs, $100,000 for first place.

- 329 EA developers entered the competition but only 24 qualified for the live trading phase (because of the tough FRWC rules)

- They traded the bots LIVE for 2 months and let everyone watch!

They took the best of the EA's and combined them into a single EA. This whole event was sponsored by FXCM.

* LMD MultiCurrency: 145.60%

* HiRider: 88.11%

* SuperVolcano: 36.25%

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