Forex Robot Wars: BREAD vs ARTFAB

Two titans of the forex robot trading industry are squaring off in the search for higher profits.In the green corner we have BREAD (Basic Robot Earning All Day) with consistent earnings of approximately 1.2% per day. In the other green corner we have the relatively new ARTFAB (A Rising Tide Floats All Boats) with very promising early results. Already today ARTFAB has locked in over 3.0%

Forex Robot Mania

As suggested in my last post...As a side note, I'm planning to make opposing robots this weekend. They will trade long and short positions in different sub-accounts.I've put together yet another robot. It will trade the same currency both long and short in separate sub-accounts. I'll have to wait until Monday or Tuesday to activate it.A few points I feel are worth mentioning:I've been developing

Weekend Robot Development II

While not fully tested, as the market isn't open for trading, I have also completed both the meta-robot concept and a notification system.The meta-robot will look at the trades made via the current profitable robot and impose rules that require trades to open at a better price. The required difference, in pips, will be divided in two and added to the meta-robot's take profit point. For example,

Forex Robot Wars

As you can see by my last few posts I've had a couple of trading robots slugging it out for the last few days.I'm happy to announce that the latest robot has absolutely thrashed my initial robot. Here are the recent earnings for this week:Sun 0.19%Mon 3.23%Tue 3.16%Wed 3.26%Obviously, I'm going to retire the previous robot, which earned at an average pace of approximately 0.5% per day, and

Two Live Robots

Sunday evening I unleashed another trading robot. Here's how I set up my sub-accounts to do this in a reasonably safe manner.My initial or primary account is used to add or remove funds.Each robot trades in it's own sub-accountThis let's me track the returns for each robot in a trivial manner. It also means that each robot is 100% independent. If you do this be sure to name your sub-accounts

Oanda Robot Trading -- Cost Efficiently

If you are trading with Oanda, as I am, you are probably aware that you have to trade a fair amount before their monthly API fees are waived.However, there is an alternative. The first time I tried their platform, probably shortly after it was released, I didn't find it very inviting. However, about a month ago I tried again. Guess what? While I might not use the platform for discretionary