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Home > Forex Robots > Magic Champ II

Magic Champ II

Posted by on Mar 17, 2012 | Leave a Comment

The squeal to Magic Champ, the Magic Champ II Forex Robot has been built by the team at Forex Innovation using 99% accurate price data. With this enhanced version you’ll also find it has less draw down and a higher win percentage. As per the original Magic Champ EA it DOESN’T use risky money management strategies in its trading algorithm.

Magic Champ II essentials:

  • Basic version
  • Pro version (trades 30% more, includes enhanced Money Management settings)
  • Almost 89% accurate
  • 1.22 Profit Factor (2 years verified live results)
  • Mainly trades EURUSD and GBPSD pairs
  • Trades more Buys than Sells

Let’s see how it goes in the lab:

lab-results

Test 1: Vendor’s Live Account

Currently running Magic Champ II on FX Pro verified live account via an investor password, testing started on 15th March 2012 using a deposit of $7000. Current results are as follows:

Current Floating Profit ($) Total Balance ($)
0.00 3919.71
View our Magic Champ II Live Test Statement

For a complete history of the FX Pro verified live account via an investor password which started on 13th November 2009, please see the chart below:

View our Magic Champ II Live Test Statement

Lab Result:

pass-fail


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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE OCCURANCE, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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