Forex Bling Backtesting Results
by Gagahlin on 24/09/09 at 10:13 pm
The purpose of backtested results here is to show the long term performance of the expert advisors inside Forex Bling system.
It also prove that the logic is correct and should produce consistent profit.
You can compare our backtested results at the download documents below match our forward test.
However, in the real situation, sometimes we add some adjustment in the settings that locate at our servers.
Your Forex Bling EA always download our latest adjustment.
In the next version, we try to create a version that you can backtest too.
It can simulate what we do at our servers.
The backtested results here was produced by:
- Evolution Version 2 – NEW (Evolution-2 will be released 1st week of October 2009).
- Fractals-4 (909).
- Thunderbolt (909D).
- Thunderstorm (909) – NEW (Thunderstorm-909 will be released 1st week of October 2009).
You can download the complete transactions from our backtested results HERE.
Note:
- Freedom EA still a little difficult to show in backtested results because the logic behind Freedom EA calculates the currency strength value.
It needs data from all currency pairs to produce the currency strength value. - We backtest our expert advisors using risk setting BIGGER than our recommendation. The important thing to see in the backtested results below is the maximal drawdown. Do not panic after 2 – 3 stop losses, unless you use the Risk Settings too big.
First, we backtest using 2 years data (2008-2009); and then using 5 years data (2004-2009) at the bottom:
The 2 Years Backtested Report:
EVOLUTION EA ~ Version 2
EVOLUTION EA trade using the Breakout trading system at US market. The Version 2 will replace current version.
The EA trades at EURUSD using H1 chart.
This is the 2 years backtested result for EURUSD:
Risk Setting=3
(click the picture below to enlarge it).
For the complete transactions from our backtest results: CLICK HERE.
THUNDERBOLT EA
Thunderbolt EA using a Scalping trading system.
The EA trades at EURUSD (1st choice) & GBPUSD (2nd choice) using M15 chart.
This is the 2 years backtested result for EURUSD:
Risk Setting=10
(click the picture below to enlarge it).
For the complete transactions from our backtest results: CLICK HERE.
THUNDERSTORM EA
Thunderstorm EA using a Scalping trading system.
The EA trades at EURGBP (1st choice) & EURCHF (2nd choice) using M15 chart.
This is the 2 years backtested result for EURGBP:
Risk Setting=10
(click the picture below to enlarge it).
For the complete transactions from our backtest results: CLICK HERE.
This is the 2 years backtested result for EURCHF:
Risk Setting=10
(click the picture below to enlarge it).
For the complete transactions from our backtest results: CLICK HERE.
FRACTALS-WIZARD 4
Fractals-4 EA trades at the following currency pairs: EURUSD, USDGBP and EURGBP using H4 chart.
This is the 2 years backtested result for EURUSD:
Risk=1 and Aggressive Setting=10
(click the picture below to enlarge it).
This is the 2 years backtest resulted for GBPUSD:
Risk=1 and Aggressive Setting=10
(click the picture below to enlarge it).
This is the 2 years backtested result for EURGBP:
Risk=1 and Aggressive Setting=10
(click the picture below to enlarge it)
The 5 Years Backtested Report
I will post more backtested results from various settings, currency pairs for each trading system inside Forex Bling.
Evolution-2
This is the 5 years backtested result for EURUSD:
Risk Setting=3
(click the picture below to enlarge it).
Thunderbolt-909D
The backtesting data for 5 years (using Risk=10) produced too exponential profit return.
Even using Risk=5, the maximum lot-size (100) already reached after 3 years.
So in the backtested results below, after 2006 until 2009 the EA traded using the same lot-size (100 lot-size).
This prove the EA produced consistent results for the past 5 years.
This is the 5 years backtested result for EURUSD:
Risk Setting=5
(click the picture below to enlarge it).
FRACTALS-WIZARD 4
This is the 5 years backtested result for EURUSD:
Risk Setting=1 and Agressive Setting=10
(click the picture to enlarge it).




















Emile Bleu
Sep 24th, 2009
Hi Lin.
Thanks for providing the backtested results of Forex Bling EA. It will make us more confident using the EA.
Thomas Adams
Sep 24th, 2009
Hello,
The backtested result from new Evolution: Evolution 2 is really good.
Do you have a forward test from Version 2 ?
Your forward test page still show current version.
Sincerely,
Thomas
Wann
Sep 25th, 2009
Are you guys out of your minds? By far, Forex Bling on my live account is fantastic and is WORTH THE SUBSCRIPTION PRICE! But now, after 4 payments it will be free? How the heck are you gonna stay in business? You practically giving your product away and providing me free money. In the first two weeks Forex Bling increased by account by 10% using low risk and using only Fractals, Freedom and Thunderbolt. I would have gladly paid the subsciption price for life. It is clear that you guys aren’t trying to take advantage of us. I am convinced that, for the first time, I am with an honorable ea development team. Thanks so much. If possible, you should post a link to your favorite charity so at leastI could give back in some kind of way..:)
Mr Chicago Illinois
juck
Sep 25th, 2009
If foward test conforms with backtest, I can believe these backtest results.
Why do you send us backtest as separate package.
Your EAs made good results for many years.
You should send us backtest available packages.
Patrick Bern
Sep 25th, 2009
Juck, I know why we can’t backtest with the ea; they do not put all the logic inside the ea. The important factor must be in their server. With the ea is so easy to be decompiled nowadays, even the dll can be cracked; the most secure way to protect someone intellectual is to deliver it as a signal receiver program.
moon lee
Sep 25th, 2009
Not everyone can start using a five or ten grand deposit. I put my 500 in this system. Any decision to lower the subcription cost defenitely get my full support.
Glen trader
Sep 25th, 2009
I don’t thing the with lifetime membership will affect their opportunity. Forex Bling has became one of the hottest Forex product at Clickbank. The decision to limit the subscriber should benefit its subscriber. A good trading system should only available to a limited number of users. We do not want what happen in the fapturbo happens here.
Steve
Sep 26th, 2009
I’m with Wann. He said it so well. Great to see some honesty here. What is also good, I did’nt even see some hyped up actor trying to feed us some robot rubbish as they do. So far, you guys are the genuine article. Keep up the good work. My subscription is here to stay. Thanks heaps.
Wann
Sep 26th, 2009
@ Glentrader. I am trying to understand that if the Forex market is so huge, why would there be liquidity issues with a particular ea if too many people use it? Retail traders represent a very small percentage of forex traders. I think liquidity issues affect bucket shops and non-ecn brokers who take positions opposite of their customers. They simply don’t have enough on-hand to deal with the influx of orders.
Wann
Sep 26th, 2009
@moonlee. I didn’t put 5 or 10k into an account. I used only $700(US). The reason for the small amount is because I don’t trust automated trading with my larger accounts. I am encouraged because from March until now my $700 account has grown to $1300 using only one EA until Forex Bling came out. So my theory is that I will use ea on my small account and perhaps it will grow big. Even if it loses all my money I wouldn’t care because my initial risk amount was small and it was money I can afford to lose. Please know that even though my account almost doubled in 6 months, my relative drawdown was only 15%. Given the reqrd, this is an acceptable risk.
juck
Sep 26th, 2009
Patrick, I know importance of their DLL function.
I don’t say to open logic.
Their intellectual property rights should be protected.
I agree with you.
I only want to check backtest result by myself.
I think they use IsTesting() function to prohibit backtest.
I hope them to remove only one sentence about IsTesting() function.
Jusuf
Sep 26th, 2009
Please, do not free-s the services, I do not mind to pay the subscription fee.
Just limit the number of your members.. it will keep your services right..
Boris
Nov 8th, 2009
Hallo i want to ask you can you send me demo versions on your EAs i want to test it and check which one is the best for me and then i will contact with you again to buy some EAs which work on real account i;m a signal provider and if your EAs are really so good i will buy them