Commercial EAs

Hey guys I just wanted to start a thread to discuss commercial EAs and what you guys are thinking/doing.

Here are a few out there now:

Pipboxer
Robinhood
Doubleplay

The list goes on.

I found this link where the guy supposedly does live forward tests of several EAs...

ckowyong.com

Who's actually trading these things?

Wasn't Pipboxer developed here at FF??

I use an EA that I developed using the same strategy I have been manually trading for some time now.

Even though my coding skills are quite limited I was able to put together a basic EA that had only 1 input for lot size. But it worked amazingly well.

Since then I have hired a professional coder to add other features to this EA which make it quite versatile.

My goal is to make 1% per trading day, and forget about hitting a grand slam on every trade. So far, so good.

FF Admin: If this type of post is not allowed please delete.

Note: The picture here shows a test on using a Global Equity Closure system. The SL normally would not be set this wide.

All the trades the EA took yesterday hit their intended TP target so the GEC never had to be activated.

Cheers

Tom, my thoughts on EAs here:
http://www.forexfactory.com/showthread.php?p=2005324
If it's possible to trade profitably using a discretionary approach (i.e. that's more than lucky guesswork), then I don't see why it isn't ultimately possible, by looking at enough different setup patterns and situations, to code the method into an EA. I'm currently working on one myself.

Re Robinhood, there was an EA by that name in MQ's 2006 competition. If I recall correctly, it was the one I was alluding to in my post here:
http://www.forexfactory.com/showthread.php?p=1451773
Of course this was some time ago, and it might have been modified in the interim.

David