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EA Demo Test PDF Print E-mail

  

We run a number of VPS servers to perform demo tests on EAs and observe their performance. The live demo test result are shared in our website verfied by third parties (such as myfxbook and MT4i). Whenever we have identified potential EA in demo test, we will notify our subscribers and invite sponsorship for real testing. Traders can keep updated to our testing result through subscribing our newsletter or visiting our website regularly for checking the live performance.
 

We believe that forward test is the most important procedure to verify true profitability of an EA. Backtest can provide certain insight on the strategy but it is often not reliable due to incompleteness of price data, over-optimization, limitation of the MT4 platform (such as inability to backtest multiple pairs) etc. Unfortunately, many EA sellers are still unable to provide live testing result for proof.

We create a quasi-portfolio to summarize performance of the systems under testing. The composition of it will be changed from time to time depending on the performance of each individual EA.

Traders can save time and cost in running demo tests and keep themselves updated on the potential EAs that we have identified. Through our real testing, traders can share the risk together and avoid from lossing money on EA that may work only on demo accounts.

If you would like to receive irregular update on our research, please subscribe to our newsletter. To learn more about our EA real test, please click here.  

 

 
 
Disclaimer: The risk of loss in trading foreign exchange (forex) can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in forex trading can work against you as well for you. The use of leverage can lead to large losses as well as gains. Forex trading offers large potential rewards, but also large potential risk. You must be aware of the risk and be willing to accept them in order to invest in the Forex market. Don`t trade with money you cannot afford to lose.  Wallace Forex Lab (WFL) works hard to introduce visitors with LOW RISK/HIGH REWARD automatic Systems. But you should also understand that there is nothing like a "Holy Grail" and no single system is perfect. By trading with the automatic systems (Expert Advisors) introduced on WFL’s website, you agree to hold WFL free of any responsibility or liability for any losses sustained while trading with live funds. Any live trading that you do, you do so at your own risk and discretion. Forex is a risky business. You can lose large sums of money by taking the risk of trading in the live market. WFL shall not be held responsible for any losses that you might incur during any trades. This is neither a solicitation nor an offer to Buy/Sell currencies, futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed verbally or written on any literature by WFL. The past performance of any trading system/strategy or methodology is not necessarily indicative of future results. No guarantee is made that you will be able to replicate the same results. WFL is not associated with any forex broker firm. WFL should not hold any responsibility for any losses caused by the broker firm(s).