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I'd like to add my own experience with iticsoftware now that I've been testing and using several of their EAs for about 3 months. I have previously purchased Infinity Eur/usd, X06 Gbp/usd, Chinchilla Eur/cad, Upstream Aud/usd and Forexy Usd/Jpy. I currently run Infinity, X06 and Chinchilla Eur/Cad on my live account using minis and Upstream Aud/Usd and Forexy Usd/Jpy on a demo account. Keep in mind that my results are not long term but Infinity has been very profitable followed by X06 and then Chinchilla. A word of caution with Chinchilla. It has a much bigger drawdown then the backtest shows and their own forward test has shown this. However it has recovered nicely lately. Upstream Aud/Usd is still on my demo account since after 3 months it still hasn't shown a profit but is not down by a lot. Forexy Usd/Jpy is also still on my demo and has performed terribly. I have just purchased additional EAs from these guys and will be evaluating them and will report what I find in the future. I do not expect all of these EAs to be suitable for my live account. I'm trying to put together a portfolio of good ones and I do believe that this company is trying to produce good EAs. They are very responsive even after the sale of their EAs, they're placing some of their EAs on live forward tests so results can be verified and they don't try and hide it when their backtests don't agree with the forward tests ie: Chinchilla Eur/Cad. I hope this helps.
Originally Posted by batvasojadaia
Hello, I purchased the stomper 1 month ago. The results were very good but I could use it only for a week and a half until my broker Admiral Markets widened the spread for eur/gbp from 2 pips to 5 pips. Can you give an advise what to do from here?
I want to share my I my experience about iticsoftware product. Two months ago I buy some EA from iticsoftware, that is : IntelectualPro and Stomper. At November 27, 2008 I opened demo account with deposit $2000. I trade use EA IntelectualPro with LotsPercent : 20, Balance now 3291.37 (only 4 days trade). How amaizing this EA. Before that, in Friday, November 21, 2008 iticsoftware give me the update of Stomper for InterbankFX. Then I use it for trade my live account with balance $170. And now, my balance is $275.54 (profit 62%). So, both IntelectualPro and Stomper realy satisfy for me.
I found the code to be very well written and the settings in the EA were laid out nicely and all the parameters exactly as i had requested. It did take a bit longer than originally agreed, but when i emailed to enquire about it i had a very prompt reply enclosing the EA and also offering me a discount/freebie on other itic software to compensate. So all in all i am happy.
You ever tried to learn a new skill, maybe you do it for awhile, look at the work of others etc, but then you watch someone who has matered what you are trying to learn? You instantly recognize that they know what they are doing - their work is elegant & professional.
This is how I would describe the work of Boris. He coded an ea for me, and knowing a little about coding, it's easy to see he knows his stuff. The main thing is, the ea works as I outlined to him. I have had many bad experiences with guys coding stuff (and some good experiences).
I recently had them program a custom indicator for me and I'm very happy with it. They programmed it exactly like I asked and it works great. I'm about to have a couple of EAs programmed, I'll post another review to let you know how those go.
All in all, they provide a good service for a reasonable price.