Forex Tracer EA - Anybody Heard of it?

Hi all,
I just discovered the Forex Tracer EA. This particular EA trades the EURUSD on a 30-minute chart. Backtest results (Northfinance) over the past two years show maximal drawdown of 25% and the original $25,000 deposit growing to $360,000. The backtest is very interesting in that the EA frequently modifies open trades. Unlike the Forex Autopilot there are both longs and shorts.

I'm always skeptical but if we don't try it we'll never really know. I purchased the EA and set it up on my IBFX demo account to begin trading this week. I'll keep you all informed of my results. Click here to learn more about Forex Tracer.

Cheers,
Craig