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Description:
The Forex Fantasy trades major currency pairs on the M30 and H4 timeframes. By default it has a 100-pip stop loss and a 250-pip take profit, but it doesn’t always wait for SL or TP to be hit before exiting. As far as we can tell, it should work fine on any broker.
Scott's Notes (7/3/09):
This one is brand new to our website, but not new to the market. The FPA demo has been trading since 3/26/09 with decent long-term success. If you look at their results in only 1 or 2 week chunks, it looks more “iffy,” but the full 3-month results has shown a 37% gain over a variety of market conditions. Our demo will be trading different pairs (EUR/USD, GBP/USD, USD/JPY, USD/CAD, GBP/JPY) and both timeframes (M30 and H4) for each of those pairs. There is no magicnumber input in the parameters so we’ll have to see if the M30 and H4 trades conflict with each other.
I am hoping that Forex Fantasy proves to be a good option for long-term results.
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