Reservoir Pips – Not Just Backtesting
Reservoir Pips Provides Both Backtest And Live Trading Results
Backward testing or backtesting is often used to simulate price action in an attempt to display an indication of a system’s possible performance. Sometimes, back tests can be easily fooled and usually not reliable at best. This is simply because regardless of what a back test shows, it has no guarantee on the future performance.
The creator of Reservoir Pips understand by only showing its backtesting report to the public is not strong enough to convince others to invest into their product. Therefore, they are putting the forward tests results on their website to show the world how good the Reservoir Pips is. Of course, to be able to do this, they must have full confidence on the performance of Reservoir Pips.
Click to view the Backtest and Live Trading Results Of Reservoir Pips
Now, what is forward test?
Forward tests or also known as Live trading are basically running the system live on a demo account and looking at the performance results. This method takes a much longer time as tester have to wait for the actual test period to pass. In other words, if you want 2 months of forward testing, you will need to wait 2 months to get the performance result. Despite the inconvenience of having to wait for them, forward testing results are undisputed.
As Reservoir Pips is designed to maximize the returns by using progressive money management strategy, it is indeed an incredible Forex trading software. However, we highly recommend you to try the robot on a demo account for at least 30 days first before trade it on a live account. So that you are not only able to collect 1 full month of forward testing data, but also get familiarize and comfortable with the software.
Grab it? Dump it? Don’t decide yet, Take a look at its Live Performance >>
