The sequel to Rita Lasker’s Fish Forex Robot is finally here, aptly named Forex Fisher Bot. Based on the same strategy as Fish Forex but Fisher limits the risks.
If you’re unfamiliar with the Fish Forex Robot strategy, it’s based on a key daily fundamental occurrence and if it loses a trade it increases the risk by 3 times and places a trade in the opposite direction hoping to make the loss back and a little more.
Forex Fisher Bot trades the same key fundamental occurrence but doesn’t need to increase the risk to be profitable.
I’ve got my copy in the lab for you to take a look at…
Test 1: Independent Strategy Testing
2005 Strategy Test results risking 0.1 Lots risk and using a NY Shift of 7 on Alpari UK demo (NB, The NY Shift may change during the year when Summer time occurs. This will affect the Back Test below).
View full 2005 Strategy Tester results
2006 Strategy Test results risking 0.1 Lots risk and using a NY Shift of 7 on Alpari UK demo (NB, The NY Shift may change during the year when Summer time occurs. This will affect the Back Test below).
View full 2006 Strategy Tester results
2007 Strategy Test results risking 0.1 Lots risk and using a NY Shift of 7 on Alpari UK demo (NB, The NY Shift may change during the year when Summer time occurs. This will affect the Back Test below).
View full 2007 Strategy Tester results
2008 Strategy Test results risking 0.1 Lots risk and using a NY Shift of 7 on Alpari UK demo (NB, The NY Shift may change during the year when Summer time occurs. This will affect the Back Test below).
View full 2008 Strategy Tester results
2009 Strategy Test results risking 0.1 Lots risk and using a NY Shift of 7 on Alpari UK demo (NB, The NY Shift may change during the year when Summer time occurs. This will affect the Back Test below).
View full 2009 Strategy Tester results
2010 (Until November) Strategy Test results risking 0.1 Lots risk and using a NY Shift of 7 on Alpari UK demo (NB, The NY Shift may change during the year when Summer time occurs. This will affect the Back Test below).
View full 2010 Strategy Tester results
Currently running Forex Fisher Bot on Alpari UK, testing started on 25th November 2010. Current results are as follows:
View our Forex Fisher Live Test Statement
Lab Result:
any update for this ea so far? if it perform well i might purchase it
Not too sure what you mean by “update”. It’s had one day of trading in the markets (Thursday) and opened two pending orders (Buy/Sell). Both were automatically cancelled after a while because the price didn’t reach them.
yup I mean if there is any trade activity. Hope this ea is as advertise.
Looks like it’s doing what it says on the box… so far
Backtest results presented on this page are not too optimistic…
Hi Cam,
i think thats the point on which we should talk about… fisher bot lose its trade on “2010/12/02 21:01:58″ and at the same time fish forex Ea win the same trade… bcuz if we look high/low DD on zulu then we watch that trade is just touch 10 pips figure and not go higher then it… so eventually fish forex captured that pips by hitting take profit of 10 pips and on the other hand,fisher bot lost its trade bcuz trade isn,t touch its take profit of 28 pips… we watch systems like “forex combo Ea” where take profit is set to two levels, like if a trade does not hit 1st higher level then it want to secure some lower pips like 5 to 10 pips, the strategy of fish is best and successful we all know, but don,t u think it requires some more optimization and update so that Ea dosen,t give the small profit like 5 to 10 pips???
waiting for ur reply Cam
I’m not sure if I follow you Shahbaz.
You’re saying that Fisher doesn’t have position sizing which is not that great but Fish does but it only takes 5-10 pips which is not that great.
Obviously, optimization in future updates will benefit both EA’s… only Rita will know if this is in her plans.
Let me know if we’re on the same page.
Cam,
“forex gap bot.” it seems to be very interesting Ea trading weekend gaps successfully…. i heard so many positive feedback regarding to this Ea and i didn,t found any complain.. its live demo test runs on fxtradingreviews.com and its creator live demo account is here for u…
here is another recommendation for u
http://www.myfxbook.com/members/Forexpopko/weekend-gap-trader/60960
i hope u will look at it and put it on forexreviewsrated.com
Regards….
Thanks. Will check it out!
Hi all,
looking to the backtesting , the results are very disapp ointing isn’it ?
But, I think that the EA setting are wrong ;-(
For Alpari-UK the NewYork shift should be set to 6 i.s.o 7 isn’it ?
Cheers
Fabio
Fabio, when set to 6 the results were worse. I don’t think the backtests can be relied upon due to summertime changes where the ny shift changes.
CAm,
plz reconsider for forex quattro… it creates good results for no of traders…. on “fxtradingreviews” it trades successfully so bring quatro on site plz….
Ok. I’ll get a copy and add it to the lab. Will try and do it before Christmas.
Hi CAm,
Cam plz put this forex fisher EA on zulutrade… i wana chk it on my demo account with some of my own settings… i m also using ur fish forex Ea on my demo account….
Hi Cam
I’ve been running Fisher on a demo account for about 10 days now, set according to Rita’s recommendations. It has only traded seven times (excluding cancelled orders, and the net result is just below break even. What is scary is the number of losses. I’ll let it run for the remainder of the guarantee period and update you.
My opinion right now is that the bot was released too soon – expect an upgrade…
Thanks for the update seymike!
Tryed to get a refund a few times. But I didn’t get my money. They offer other products or don’t answer.
I have the same truble as FXgain ;-(
I asked for refund . They offer ForexQuattro , and when I said no thanks I want my money back ….no answer anymore. Is it professional ? I do not think so.
Cam can you react?
SCAM – DO NOT BUY RITA LASKER PRODUCTS
Rita Lasker support does not answer any more…
I have to agree with FXGAIN. I’ve now tried three products from Rita Lasker and they’ve all performed badly. When I ask for advice, there’s no reply.
I was offered Fisher in place of a Quattro refund and accepted, but Fisher is even worse than Quattro. Now I’ve asked for my mobey back and …. silence. Have to go back through the Plimus refund process again, I suppose.
Update: I got the refund….
This whole gang is a scam, none of their product seems to be performing & Fisher is the worst of all. BEWARE… Stay away from Rita & team.
This whole gang is a scam, none of their product seems to be performing & Fisher is the worst of all. BEWARE… Stay away from Rita & team.