This EA was inspired by one such robot found on that site, available here. They post their own back-test results, and they're impressive. I couldn't get it to work properly in my own back-test, but I had a quick look at the code and implemented by own version of it.
Quickly back-testing it (60 minute EURUSD, 1-1-2011 to 1-1-2012, stop-loss 30, trailing-stop 50) gave these results:
An impressive 89% return, but only a 43% win rate.
Sadly, AUDUSD and GBPUSD don't fare so well:
Additionally, this robot places an awful lot of trades, and from looking at the EURUSD equity curve, most of the profit comes from about 7 big jumps (possibly 7 big trades). Not a good sign.
Despite the impressive EURUSD results, this is a bad, bad robot.
