Tom's EA Update

After speaking with one of the main people who is about to bring Tom’s EA to market, I decided to share my results and will continue to do so as much as I can. Tom’s EA has not been on the market for consumer traders. However, it has been used for quite some time by Tom Flora. I have not heard much about the code, what it does, and when it does it, nor do I know Tom. I wanted to get a better understanding of this EA and the only way to really to do that is by seeing it in action.

On September 29th, 2011 I decided to open a demo account at WorldProFX. One of the new brokers on the market, but someone we feel comfortable dealing with. The Demo account was created with $5000. We loaded the EA on EURUSD, GBPUSD, AUDUSD, and EURGBP charts. I was recently told to use the USDCAD, so I added it as well on October 5th, 2011. This may be a little too much for $5000, but I’m willing to give it a try. I used AUDUSD, but I have not heard why that wasn’t recommended. I assume it doesn’t perform as good as the others. I guess this will be a good test for the days to come, especially if you get it yourself.

Let’s keep in mind that I started Tom’s EA on four different pairs just before the markets tanked. In most cases, EA’s would have blown up the account. However, this EA managed to not only hold it’s ground, but make some money in five the days that it has been open. This will be fun to report on and we hope you keep coming back for more feedback. Leave comments below if you have and questions.

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