Lahore, Pakistan -- (ReleaseWire) -- 04/29/2014 -- FXProfitRobots team claims that they develop the trading strategy and the expert advisor within 10 days of the order. When the trader gives the order the team starts a 7 step development process. In the first step the trader specifies the currency pair. The team then uses historical quality data to develop the EA in step 2. In step 3 thorough testing of the EA is taken on the specified currency pair. If the performance is not good, the EA is trashed and the team goes back to step 2!
In step 4, the expert advisor is further tested rigorously on more pairs and if it is not profitable, it is trashed and the team starts the process of development again from step 2. If step 4 is successful five more robustness tests are carried out on the expert advisor. If the EA fails any one of the robustness tests, it is once again trashed the FXProfitRobots team starts from step 2 again. Step 6 involves thoroughly testing the EA using the following fitness criteria:
1-The annual average return should not be less than 15%
2-Max drawdown should not be higher than 25%
3-Stability index should be more than 70%
4-Should pass all the 5 robustness tests.
Once the EA passes the above 6 step development process, in step 7 it is delivered to the customer. The customer has got full 60 days of no questions asked money back guarantee to further do the testing and if the performance is not what was expected, the customer can go for a refund.
About the FXProfitRobots Team
The team comprises of professional forex traders who specialize in developing profitable expert advisors for MT4. This is what the team says: “We are leaders in the industry of profitable forex expert advisers development. Everybody else just develops the trading robot code and sends it to you regardless if it is profitable or not.
We don't blame them; they just develop the code as per the required trading strategy. We go the extra mile. You simply tell us which currency pair should we develop the EA for and we do the rest of the job. We develop the strategy, test it, improve it, till it meets our rigorous fitness criteria before we approve it. We truly go the extra mile in EA development process to ensure quality of our developed EAs.
Can I sell the Expert adviser you developed for me? Absolutely, we send you the MQL source code file of the profitable EA together with detailed performance report and list of trades for the whole testing process. In addition, we give you full copyright of the software so you’re free to do anything you want with it. Use it to trade your account or sell it for profit.”
For more information about the FXProfitRobots, please visit the following website: