So after this much time doing forward testing, back testing and looking closely at the trading method of various commercial expert advisors. I have to say I truly recommend... Well, I really don't recommend any of them. This could have been the expected result from the beginning, but the sad truth is, I really cannot, on good faith, recommend to any of you any of the experts, free or commercial, I have tested so far. Here is a little overview on the whys, for each of the experts. Take this comments with a lot of seriousness and remember that it is your money that is being risked in live trading.
Doubleplay v3.5-4.0 : Not recommended because of the variability of monthly results and relative draw downs. I see Doubleplay now as an expert advisor with some dazzling months that has failed to keep up with a 10% profit it promised to deliver. I see it's performance as rather obscure and I would abstain from buying it until we have results for at least a year of forward testing.
Pointbreak : Not recommended due to it's really high open draw down relative to yearly profit promised. You are risking up to a 12% just to receive a 10% yearly profit. Makes no sense to me and makes the ea subject to much harder loses in the event of the right market conditions. Definitely. No.
Fx-Bandit : Not recommended. It's trading logic has clearly showed that it is subject to a margin call in the event of the right market conditions. And trust me, those conditions will come, sooner or later they will.
EUR/JPY Moneymaker : Not recommended. It's closing mechanism seems obscure, it does not have a hard stop loss so news releases or volatility spikes could definitely produce a market draw down
Well, these are the four commercial expert advisors I have been trying. The other non-commercial expert advisors I have tried (see expert portfolio section for names) have failed also due to large draw downs , open or maximal, and inability to produce profits steadily. I hope this little overview has been helpful to you and will let you know that if you buy any of these experts, it will be practically on faith, or at least, not on my recommendation.
Have a good trading !