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Summary of August 2010

The JForex Strategy Contest continues to be incredibly interesting and a learning experience for everyone interested in automated trading. Since launch of the contest, the winners always agreed to disclose the script of their strategies, providing an excellent case study for all newcomers. The 5th contest was not an exception, giving us 5 strategies posted on the JForex Community Forum.

The persistent participation in 5 contests in a row has finally borne fruit to Quantisan who became our 1st place winner. This is his second consecutive prize and the third in total. Quantisan kept changing and optimizing his strategy every month and it's likely that we might seen him with a new version of his strategy next month. Another old friend of the contest, olto is again in the top this time with 4th place. The 2nd and 3rd places went to xxtazzz and arnab who had a few attempts in the previous contests. The 5th place was given to Sacrelegre. Luckily, he managed to submit a registration right on the last day of the contest. According to the swiss participant, it took only one day to create his simple 100-line strategy. Not bad at all for a newcomer!

Here is the final standing for August:

# Nickname Trades Turnover End Balance, $ Prize Strategy code
1 Quantisan 16 8.66 145 817.46 5 000 $ view
2 xxtazzz 102 85.84 141 691.53 2 500 $ view
3 arnab 86 220.75 127 002.93 2 500 $ view
4 olto 79 169.318 103 540.36 1 000 $ view
5 Sacrelege 90 22.33 103 100.79 1 000 $ view



 

JForex Contest Strategy Disclaimer

 

JForex participants' Strategy codes are made accessible on Dukascopy's website on "AS IS" and "WITH ALL ITS FAULTS" basis. Dukascopy makes no advice, recommendation and/or representation whatsoever with regard to any published JForex Strategy codes. Dukascopy, its owners, subsidiaries, employees, directors, managers and agents shall have no liability whatsoever in connection with access to and use of Strategy codes published on Dukascopy's website. Without derogating the foregoing, among others Dukascopy does not warrant or represent that JForex Strategy codes published on Dukascopy's website:

  • are free from errors, bugs, virus or other malicious code.
  • are safe on a Risk Management point of view and will not generate any partial or total loss of funds.
  • will produce positive performances in Demo and/or in Live trading environments. Under no circumstances past performances are indicative of future performances.
  • will produce similar performances between Demo and Live trading environments. 
  • will not be influenced by the number of traders who are using it simultaneously. 

Engaging in automated trading involves specific risks and should be properly tested by the trader on Demo environment first. If in doubt about engaging in automated trading one should consult a qualified advisor.


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