HiRider chart
Now that the Forex Robot World Cup is finally behind us, I want to take a look not at the first place winner, LMD-Multicurrency, but at the second place EA, the HiRider Forex Robot. I believe that in some respects this is actually the better robot of the two and I think that you should know about it.
Naturally, you don’t really need to make a choice between one robot and the other since both are included in the FRWC’s Royal Trader package but I believe you should make the time to put this robot to the test because you may get some pretty impressive results with it.
Here are some of the things I know about the Hirider Robot:
- It trades the EUR/USD pair alone.
- It executes both buy and sell orders in an almost even manner.
- During the competition it traded several times a day on average.
- It had minimal losses as can be seen in the smooth earning chart above.
- It turned an initial account of $1,000 to $1881.19, yielding an 88.11% profit in the two months of the competition.
Now, HiRider came in second to the LMD-Multicurrency robot which earned a whooping 145.60% profit. This means that this wasn’t really close, at least where profit is concerned and this was the only way by which the robots were actually judged.
Why is it then that I say that HiRider may be the better robot of the two?
It’s due to the curve. HiRider seems the safer robot as it hardly has any losses and has a minimal drawdown. LMD-Multicurrency seems much more risky.
For instance, LMD-Multicurrency had a drawdown of 34.06% while HiRider had a measly 3.26%. This is a huge difference.
Take a look at this chart of all top 10 robots:
Watch the two highest graphs. The top one belongs to LMD-Multicurrency while the second one belongs to HiRider. Notice how Hirider is rising steadily with hardly any losses. On the other hand, LMD-Multicurrency is all over the place. It has huge spikes and huge losses.
You can see the actual transactions of both of these robots by going to the FRWC Official site, clicking results and choosing which robot’s transactions you wish to see.
I wonder who would have won had the competition lasted for a while longer. During the competition, HiRider was actually ahead. It might have been the winner if the robots were allowed to run for a few months longer.
If you want a robot you can depend on to yield profits with what seems to be small risk, then HiRider appears to be the obvious choice.
An 88.11% profit in two months is fantastic and with so few losses, I think that this may be the winner of the FRWC in disguise.
For more on HiRider and how it works, visit FRWC Royal Trader
Dear Sir
Where can l purchase HiRider Robot