Forexoma robots?

[garyfritz]

Does anybody have any experience with the Forexoma Robots?

Forexoma has a very high score on FPA so I assume they're pretty above-board, if a little odd. One interesting thing is that they offer 5 Robots (EAs). I think they're available for free to anyone with a $1000 or larger account.

They have performance reports (live I think) for 4 of their 5 robots. These reports don't cover exactly the same period -- they're 1-month periods between 2/19/11 and 4/15/11, so it's possible they cherry-picked the period a bit. But in that period, 4 of the robots made a total of over $13k -- and they say each robot uses "less than 10% of margin on a 100:1 account," so you could trade all 5 of them on a $10k account, even with 50:1. That's a pretty amazing return. I'm going to see if I can get a longer performance history.

If nobody has any experience with them, I make take a flyer and open up an account. Fire up a VPS and turn all 5 EAs loose on it, and see what happens.

[markft]

I would be cautious. Just did a quick search e.g. http://www.elitetrader.com/vb/showthrea ... genumber=3 and I think more investigation would be safer