The God's Gift ATR Challenge, Testing by Third Parties

One of the great challenges of any automated trading system out there is to be robust, reliable and profitable. Since I want the god's gift ATR expert advisor to become the most well documented expert advisor out there I have decided to take several steps to make this automated trading system's characteristics very well documented, examined and tested. For me, an expert advisor that is truly long term profitable should fulfill a small set of characteristics that demonstrate its capacities :

• Trading Platform Independence
• Broker Independence
• Extensive Live Testing (1 year at least)
• Third Party Live testing

Since up until now all tests on this ea have been done by me (one year of forward testing of the main strategy plus 4 months of live testing on 4 different live accounts) I have decided to ask some of my newsletter subscribers to participate in what I have called "the god's gift ATR challenge". What I seek with this challenge is to have third parties test the expert advisor on live accounts under agreed conditions that guarantee that the ea testing is well done and comparable to my personal tests. The use of different brokers, different vps providers and money amounts should provide us with a wide amount of information about this expert's profitability. The people participating on this challenge are aware that past performance does not guarantee future results and they do this testing under their own free will with no promise of profitability. They run the ea on personal live accounts to which I only have read-only passwords. However the people running the tests must fulfill some conditions :

• Expert advisor must be run 24/7 on a reliable vps provider
  
• Expert must be run alone on a live account with a minimum of 100 USD (10,000 contract) or 1000 USD (100,000 contract)
• A read-only investor password MUST be provided
• The ea must be run for at least 2 years, regardless of performance (people must agree to do this or their testing will not be taken into account)
• Settings, currency pairs and timeframe are to be provided by me and cannot in anyway be changed by the third party if results are to be comparable

If you are participating on the God's Gift ATR challenge please make sure you fulfill the above requirements and then send me an email. Please include your read-only password as well as the contract size of the account you are running, broker, account size and one of this three risk levels : Conservative, Moderate or Agressive. I will then send you settings as well as metatrader publisher instructions so that your results can be updated live to my ftp so that we can all share the test results.

Up until now more than 5 people have expressed a strong interest in doing this testing so if everything goes as planned, in a year from now we will have extensive reliable testing about this expert advisor and we will learn a lot about how it trades, how robust it is against market conditions changing and how we can improve it.

If you would like to learn more about this and other expert advisors I have tested and reviewed please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article