First, what you will NOT see at this page: back-testing. Why?
The concept of back-testing works well enough for the trading systems with fixed stops and/or profit levels. At the contrary, V2Bot uses unique technique I call "Jumping Stop" which can not be tested backwards using existing trading platform (MetaTrader). If you want to know what the Jumping Stop is, please read my article which explains it.
So how you can check out how well the system performs? Well, let's say that the best way is to see it in action. To achieve that, I've created a clean fresh Demo Mini Account with the start capital of $10,000 and put V2Bot to trade this account with the default parameters. V2Bot traded 4 Pairs on this account: EURUSD, GBPUSD, USDJPY and USDCAD for a month (June 16 to July 16, 2009). And I've created a simple Blog where I published all trades from the account when they occured, so people watched the results in real-time.
The Blog's address is http://v2bot.blogspot.com, and you can read it in your Browser or in your favorite RSS Reader, or even subscribe to receive email updates every time I publish a new trade:
The Blog also contains daily results and all updates and fixes I make to the V2Bot program and this Web site.
The trades were also published in real-time to the independent 3rd party service, mt4stats.com:
Click on the picture below to check out complete v2bot monthly statement:
Please note that the Broker reports the partially closed positions as separate ones, so the closures made by Jumping Stops are reflected here as separate entries. http://v2bot.blogspot.com records these trades as whole positions.
Below is the Performance Statistics for a period of June 16, 2009 to July 16, 2009:
Risk DisclaimerThe risk disclaimer is meant to inform the user of the potential financial risks of engaging in foreign exchange trading. The transaction of such financial instruments known as Forex, fx, or currency, and dealt on a valued basis known as 'spot' or 'forward', 'day trading' and 'option', can contain a substantial degree of risk. Before deciding to undertake such transactions with any firm offering similar services, a user should carefully evaluate whether his/her financial situation is appropriate for such transactions. Trading foreign exchange may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital. The definition of risk capital is funds that are not necessary to the survival or well being of the user. I strongly recommend that a user, who is considering trading foreign exchange products, read through as much as possible topics and articles available on the Internet websites so that he/she may obtain a clear and accurate understanding of the risks inherent to fx trading. The 3rd party opinions and analysis on potential expected market movements contained within the Data-API.com website are not to be considered necessarily precise or timely, and due to the public nature of the Internet, the author cannot at any time guarantee the accuracy of such information. Information provided on this website is intended solely for informational purposes and is obtained from sources believed to be reliable and accurate. Information is in no way guaranteed. |




