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Forex Robot World Cup?

  • #21
  • Edited 4:00am Jan 26, 2010 1:52am | Edited 4:00am
Quoting forexreview
I am still holding on...Thinking of buying it once the competition settles now...Since The Top 3 forex robots should be better than those commercial forex robots...

I am still debating this with myself. How can we be sure we will get the settings used in the competition? Or even the same code?

I would definitely do backtesting, but I don't suppose I would get a refund if I was wasn't satisfied.
  • #22
  • Jan 26, 2010 7:37am Jan 26, 2010 7:37am
Agree with most of the Post 2
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #23
  • Jan 28, 2010 6:42pm Jan 28, 2010 6:42pm
Here is the link to their website
http://www.forex-robot-world-cup.com/results.php

Would be fun to watch who's gonna end on top ( and for how long lol)!
  • #24
  • Jan 28, 2010 10:07pm Jan 28, 2010 10:07pm
Quoting speedarad
Here is the link to their website
http://www.forex-robot-world-cup.com/results.php

Would be fun to watch who's gonna end on top ( and for how long lol)!
Tomorrow (today in some places) is the last day. My prediction: LMD-Multi, HiRider, Volcano
  • #25
  • Jan 29, 2010 1:07am Jan 29, 2010 1:07am
latest I heard was the top 10 robots will be available
  • #26
  • Jan 29, 2010 11:12am Jan 29, 2010 11:12am
Quoting RoyalTrader
latest I heard was the top 10 robots will be available
If I manage to get the money price(for no.10), I will join the next round with my more powerful EA. I sure it can bet the current no 1. performance.
  • #27
  • Jan 30, 2010 7:40pm Jan 30, 2010 7:40pm
Quoting akukaya
If I manage to get the money price(for no.10), I will join the next round with my more powerful EA. I sure it can bet the current no 1. performance.
congrats mate you were placed 10th and won $1,000 USD!!

http://www.forex-robot-world-cup.com.au
  • #28
  • Jan 31, 2010 8:20pm Jan 31, 2010 8:20pm
The competition completed this week and the better robots will be offered for sale in a couple of weeks. I did some statistic analysis of the robots' performance and have included the results below. The records for SuperVolcano for Jan were messed up.

Another competition will be starting sometime in March.
Attached Image
  • #29
  • Jan 31, 2010 8:40pm Jan 31, 2010 8:40pm
1,400 is the top lol... I would though say the winner is pure luck and the 2nd and 3rd place winners overall with a larger account would of been majorly profitable due to the fact it was consistent and not all over the place.

Oh well EAs suck anyways IMO, everyone should just get an API and code in advance trade management and awesome buy and sell orders, I love my API that buys if it hits or goes about a resistance level and goes down 20 pips in a set amount of time, usually an hour. Its much better then any EA could do...
  • #30
  • Feb 4, 2010 8:14am Feb 4, 2010 8:14am
I lost in this competition , congratulation akukaya , you won 1000 Dollar.
  • #31
  • Feb 4, 2010 9:35am Feb 4, 2010 9:35am
Quoting n.forex
I lost in this competition , congratulation akukaya , you won 1000 Dollar.


Thank you.
The organizer had contacted me for my bank account no.

They mention payment in 2 weeks time.

Alhamdullillah, hope the payment can go thru...

I will join the next round FRWC. This time I will send more powerful EA..
let see....aim for no.1
  • #32
  • Feb 5, 2010 11:34am Feb 5, 2010 11:34am
For those interested in the pre-release marketing pdf: http://www.forex-robot-world-cup.com...RWC_Report.pdf
  • #33
  • Feb 8, 2010 2:37pm Feb 8, 2010 2:37pm
Quoting akukaya
Thank you.
The organizer had contacted me for my bank account no.

They mention payment in 2 weeks time.

Alhamdullillah, hope the payment can go thru...

I will join the next round FRWC. This time I will send more powerful EA..
let see....aim for no.1
Akukaya, nice man, my EA's came in 7th and 8th.....if I was a programer, I
would of finish in the top 3. so happen I use the http://sufx.core.t3-ism.net/ExpertAdvisorBuilder/
to design my EA's , I'll be back next year.
Patient is Golden
  • #34
  • Feb 8, 2010 4:24pm Feb 8, 2010 4:24pm
I'm curious to know how many people were involved with the qualified EAs.

Zunit has 2... so there are 23 people.
  • #35
  • Feb 8, 2010 4:36pm Feb 8, 2010 4:36pm
I know u gotta have something in your shed that would have placed in the top 3 .

I also know its gotta irk you that you cant showcase your skills because of there corny rules..

Quoting Ronald Raygun
I'm curious to know how many people were involved with the qualified EAs.

Zunit has 2... so there are 23 people.
Annoying Precision
  • #36
  • Feb 8, 2010 4:44pm Feb 8, 2010 4:44pm
Quoting erikte279
I know u gotta have something in your shed that would have placed in the top 3 .

I also know its gotta irk you that you cant showcase your skills because of there corny rules..
The part that bothers me is they prefer to sell it, instead of using it for themselves. I also don't like how they want infinite marketing.

I'd be okay with the 6 month selling--they need to make their money back. But infinite time including derivative works? That's just plain stupid.
  • #37
  • Feb 8, 2010 4:55pm Feb 8, 2010 4:55pm
Quoting Ronald Raygun
The part that bothers me is they prefer to sell it, instead of using it for themselves. I also don't like how they want infinite marketing.

I'd be okay with the 6 month selling--they need to make their money back. But infinite time including derivative works? That's just plain stupid.
Guess what broker you'll probably be using if buying the robot from them? And guess what kind of leverage will people be using knowing that it's a proven robot. It will be very tempting to fade or spike the robot...

BTW, their own robots are probably not programmed through MetaTrader, but directly connect to the servers through FIX.
  • #38
  • Feb 8, 2010 5:02pm Feb 8, 2010 5:02pm
Maybe you could host your own competetion with rules that would attract better game . Work it out so it would be a profitable adventure.

CLAP BACK....LOL

Quoting Ronald Raygun
The part that bothers me is they prefer to sell it, instead of using it for themselves. I also don't like how they want infinite marketing.

I'd be okay with the 6 month selling--they need to make their money back. But infinite time including derivative works? That's just plain stupid.
Annoying Precision
  • #39
  • Feb 8, 2010 5:02pm Feb 8, 2010 5:02pm
Quoting Adal
Guess what broker you'll probably be using if buying the robot from them? And guess what kind of leverage will people be using knowing that it's a proven robot. It will be very tempting to fade or spike the robot...

BTW, their own robots are probably not programmed through MetaTrader, but directly connect to the servers through FIX.
It's not difficult to port the mql code to C+ for example.
  • #40
  • Feb 8, 2010 5:13pm Feb 8, 2010 5:13pm
Quoting erikte279
Maybe you could host your own competetion with rules that would attract better game . Work it out so it would be a profitable adventure.

I did explore this route. There were a few concerns:

 

  1. Developers don't want to send the code, so it's a bad idea to ask for .ex4 and .mq4 files.
  2. Allowing users to trade using their terminals at home might give an unfair advantage to people who trade full time.

The resulting tentative competition is something akin to man vs machine with multiple rounds.

Round 1: Traders are given demo accounts to trade. Top 100 go to round 2.
Round 2: Winners from round 1 compete with live accounts, Profits and losses are sustained by the event organizer.
Top 10 from round 2 go for interviews.

Alternative would be to host a competition to see who can beat me during my coin toss challenge.

Don't worry, I have given this some thought in the past. I'm simply lacking in logistics.

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