Forex Robot TFOT -algorithm Explanation (PDF)

[Guest vic2]

This pdf doc describes algorithm for most popular and professional forex

 

robot TFOT

http://www.scribd.com/doc/136713983/Forex-Robot-TFOT-Algorithm

[Eric Johnson 10]

There have been many versions of TFOT since this EA began recorded testing. It is by design a hedging EA. What is strange is that the MyFX book record is on a non hedging Alpari US account. I have backtested many versions of this EA and have not found it profitable, I have found one or two on other forums that have found it profitable. I have tested other free EA's from the same company and found them to back test poorly.

It is possible to claim that a trading record is generated by an EA, but be a manual trading system, a pro trader, or a combo of automated and manual.

I have tested thousands of EA's program them, and trade professionally. Research a long time before you pay for an expensive EA. Most are just weak versions of Blessing or Indo run grid martingale systems.

[BlueHorseshoe 10]

Most are just weak versions of Blessing or Indo run grid martingale systems.

 

Please can you tell me a bit more about Blessing and Indo?

 

Thanks,

 

BlueHorseshoe

[David Joe 10]

I think that the profitability of a Forex robot doesn't depend only on the Forex robot itself, but also on the trader himself, he needs to have some trading experience to be able to use the robot in the proper way ...