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Forex Derivative 2.0: the good old sliver

Forex Derivative 2.0: the good old sliver


It is very strange, but lately we are often asked about Forex Derivative. It seems to be not the newest adviser, but people stubbornly produce topics on the forums and discuss the versions of this “masterpiece”.

At one time, we have already tested this product for our internal use, and this trading robot gave the impression of a simple fit to history. In order to clarify the situation once and for all regarding this creation of human hands, we again took version 2.0 of the script and tested it. Here is the backtest result for several months in 2009:
It seems like it’s not bad. However, if you “dig” deeper, backtests show, to put it mildly, strange results. In addition, there are clear signs of “cheating” in the adviser’s code.
Also, ForexDerivative 2.0 was submitted for forward testing. However, after a couple of days after several stops, the adviser went into the “basket.”
Fxbotreview team’s verdict: not recommended.

It should be noted that at one time we already tested this product for our internal use, and this trading robot gave the impression of a simple fit to history. In order to clarify the situation once and for all regarding this creation of human hands, we again took version 2.0 of the script and tested it. Here is the backtest result for several months in 2009:

It seems like it’s not bad. However, if you “dig” deeper, backtests show, to put it mildly, strange results. In addition, there are clear signs of “cheating” in the adviser’s code.

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Also, we put ForexDerivative 2.0 on a forward test. However, after a couple of days after several “ugly” stops, the adviser went into the “basket.”

Fxbotreview team’s verdict: do not recommend.

About Eric R. Brinkley

CEO Fxbotreview.com Algotrader. Blogger. I write interesting content, do content with you, and also maintain a website with independent reviews of forex software. Trading robots, Indicators etc..

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