This article reports the first results for the new trial of FXCM’s Forex System Selector.

Previous articles have detailed the selection process that was used to select 9 models, which were then reduced down to 4 models. At the conclusion of this, the models were set to start trading.

To date, there has been one trade, with a profit of $580.76 (or 18 points) by buying EUR/USD. This was as a result of the Technofinanzas model.

Whilst this is a pleasing start, the long run return is what counts. A one month trial is too short to properly evaluate the overall trading system, but will hopefully give us an idea of its risk characteristics and trading frequency.

Tags: Automated Trading, forex system selector, forex trading system, FXCM

This entry was posted on Saturday, May 10th, 2008 at 7:38 am and is filed under Automated Trading. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.