In case anybody is thinking that's an unusual way to begin a Forex EA article, you're dead right!
The truth is, though, that I really don't have a clue at this stage how I'm going to explain my thoughts on the Forex Gale Expert Advisor which I've put into forward test this week. I'm just going to scribble everything down and hope that it makes some kind of sense by the time readers get to the end of this article.
Anyway, I've had my eye on Forex Gale for a few weeks and, a couple of days ago, I asked the developer for a review copy. His initial response was to send me a copy of the full version of the EA and he also suggested at the time that I open an Alpari demo account for the purposes of testing his EA.
When I replied that I was currently testing EAs on FX Central Clearing raw spread ECN accounts, his response was that he had never tested Forex Gale on an FXCC account, so "didn't know how it would work".
Although this remark didn't alarm me as such, it did give me some clues as to what to expect, and I'll explain more about that shortly.
The Forex Gale EA is delivered in the form of six different Expert Advisors. The EA employs three different strategies, each strategy being coded within a separate EA, and different copies of each EA are provided for use with either 2/4 digit brokers or 3/5 digit brokers. I don't understand why the broker digits couldn't have been hard-coded into the EA to make the product more user-friendly. Similarly, I'm not sure why all three strategies couldn't have been combined into one, as I happen to believe that commercial products should be made as 'idiot-proof' as possible.
Those personal niggles aside, Forex Gale users can choose which strategies they wish to run, be that just one strategy on its own or all three strategies combined. In addition, each strategy runs on six different currency symbols, meaning that users will need no fewer than 18 chart windows open in order to run all three strategies on every suitable symbol.