FX Voodoo 2

We continue to review more or less notable expert advisors.
Today on the agenda is a review of FX Voodoo.

About the advisor:

Platform:Metatrader4

Operating time: around the clock

Currency pair:EURUSD

Timeframe: M1

On the official website fxvoodoo.com, as usual, they scare us with promises of profits and also offer a bunch of monitoring accounts. Here is the most attractive one in terms of percentage profit:

It does not look so bad, but there is one BUT. This is a demo account. All the other monitors on the expert's sales page are Demo too. Tell me: if your advisor is good, why not put it on a real account? Something is clearly wrong here, and the sellers know this perfectly well, so they are afraid to put FX Vodoo on a real account.

Backtests

(all tests were conducted with a fixed lot of 0.1)

2007-2008

2009

2010

2011

From the monitoring history, you can see that the advisor's profit is most often 1-2 points, while losses can reach 170 points.

Such a small profit/loss ratio, as we can see from the historical tests, does not make much sense. That is probably why the sellers did not publish the backtests for the public to see. The results are just too weak.

Conclusion

If the authors themselves do not use the advisor on real accounts, why should we? The advisor is frankly rather weak.

You can, of course, put it on a tiny deposit you do not mind losing, but no more than that...

Esli sami avtory ne ispolzuyut sovu na realnykh schetakh, pochemu my dolzhny eto delat? Sovetnik otkrovenno slabovat.

Mozhno konechno zakinut ego na kopeechnyy depozit, kotoryy ne zhalko proigrat, no ne bolee...