ForexBling.com Review

For Doug West:
Did you tweak the default settings? I've been running Bling 912 for the 3rd week on my demo account, though in a little minus, all in all I've decided to let it run a bit more to see its potential. Do you run Thunderstorm? Thunderstorm accounts for my major losses till date. Your opinion will be appreciated. This EA has got a lot of potentials, IMHO.

For reviewer.

You should actually be running an upgrade which is now version 912.

Also I don't know whether you can do this in your demo test but I've clocked up 167 trades on Thunderbolt and only 6 losses and have cranked up the trade size based on this performance and would suggest you do to.

Evolution is running at 100% winners after 2 months

Also I have dropped the EUR/JPY version of Freedom as it doesn't work too well

This is purely FYI, I can provide trade reports if you want

regards

DOUg

Update to previous post

Thunderbolt now at 125 trades so seems to be about 20 per week on average. 122 wins 3 losses, £1500 profit on a £600 deposit in 6 weeks isn't bad! Running on Prime4x

Thunderstorm now running was my fault in setting spread too low. Currently slightly in negative so perhaps should have left it where it was :-).

Agree with James that support is poor, but don't understand the point about being abandoned as the EA's always show when there is an upgrade through a message on the chart. I haven't had a problem other than their server sometimes gets overloaded and its difficult to get in.

2009-11-26 4 Stars I have to say that it took a while to get this bedded in, but now I am running, Thunderstorm, Thunderbolt, Freedom and Evolution2

Of these Thunderbolt trades the most consistently and in the last month it has taken 41 trades, NO losses. Small trades, scalping, but nonetheless pretty impressive

Thunderstorm hasn't traded at all and there seemed to be some technical issues as it did fall over several times

Freedom I have had 27 trades, 7 losses. I just switched to only trading the AUD as the EUR/JPY was consistently losing in fact represents 5 of the 7 losses with only one winner

Evolution I have only had on line for 1 week but so far 7 trades all winners.

I will try out Fractals as I don't have this live yet, but all in all I have to say it is working very well for me. I think the broker choice is very important (as usual) and I am using Prime4X for this set..

Support is poor. They always upgrade and abandon old customers and old EA.

I'd like to give a review but I can't...you see, every time I load Thunderbolt onto my MT4, it crashes! I've submitted a request to their support, and never heard back. Then I upgraded my request to 'Urgent' and I got an answer back -asking me if I am running 64 bit Microsoft? I replied 'No' and now never heard back in the past 5 days.

I have the ForexBling package on a demo account for more than a month and the account is in a small minus. Most of the position do not match with the positions shown at the web-site. The evolution has two trades for a whole month, the thunderstorm sometimes open position with a very huge amount that i don't like. The support service is teribble i have to wait a week to get some answers. Now i request a refund

They provide results for 25 brokers. At first results were not good. However now I am getting better results with iamfx.com broker - they provide lowest spreads and 1 pip commission. I use Thunderbold and Evolution from Forex Bling package.

Freedom takes a lot of trades but mostly in the wrong direction.
Evolution does not trade at all.
Thunderbolt & Fractals are just about break even.
They have now said that after 4 payments there is no more to pay.
In other words pay us $399 over the course of a year and then we will be like all the rest and not update it and then say you need to buy an upgrade!!!!
I fully expect to request a refund before my 60 days are up.

Not bad at all. Just make sure you follow the money mangement and choose only the best EA's out the pack. You can simply follow their basket - they list all their settings. Personally, I like Fractal Wizards 4 and Freedom EA. The Thunderbolt hasn't been that great for me so I prefer Megadroid for the scalper, but it is still early. In less than 2 weeks, my alive account has increased more than 10% with 1.05% drawdown around 1% risk or less per currency pair.

I would say try it, especially since it is ClickBank.

Lot's of small wins but a few huge losses. $5,000 demo is now down $700 and has never been positive. Doesn't seem to be doing too well.

2009-09-16 No rating I too like the rounded out idea. I am currently using 3 of the programs in a $5,000 demo on conservative settings. After a week the account is down $202 having 19 small wins and 3 losses. There are currently 2 open trades at a -$162. Still early to tell.