ForexGale.com Review

For me the best EA in the market (and I have tested a lot), and top notch customers support.
I have it installed in real account for more than 5 months without flaw, and getting always benefit.
Of course 5 stars.

2011-10-13 No Rating At least for me, this EA is working very very well; the best that I have tested so far. Very low DD and growing equity.
Congratulations to the designers.

Currently am using strategy 1 only at Hot Forex and getting 8% monthly return, that’s not bad.

I've been using Forex Gale on a live account with MB Trading for 7 days. The first day was a real nail biter as I saw the drawdown skyrocket on a Friday before the markets closed. On Sunday I watched my equity recover and Monday morning I saw it took it's first profit. Since then Forex Gale has been making consistent profits and I hope it continues. As of now my account is 8% bigger than it was 7 days ago.

One thing I've noticed is that I've been to many Forex EA 'testing' websites that list dozens of fly-by-night EA's back tested on demo accounts boasting this and that but I found Forex Gale being tested on very few websites. Not a lot of product promotion for this EA but also not a lot of exaggerated garbage claims about it either. Just some real honest live and demo forward testing by people using the product.

So far I'm pleased with the EA. I may return and update the rating to excellent when it earns enough profit to pay for itself.

I have been using ForexGale FinFX micro account 1:200 leverage start 10/24/11 to date 11/15/11 $457 32.18% gain balance $1877 statement avaliable upon request

Seems docile enough at first and profitable too...until you get the confluence of conditions which will put it on an unstoppable path to margin call. Four days ago my DD was less than 2% now its 56% with over 83 open trades!. 5 stars for vendors prompt and informative service but his EA is very dangerous. With three strategies and 18 charts all firing at once,...and not even a magic number to discern which trades are coming from where... you are flying blind and out of control. 2 stars but I fully expect to lose this account within the next few days.

Great EA. Generally low DD, but it can become high in strong trending conditions. If you respect their reccomendation about capitalization you should not have any problem.

Works perfectly in volatile markets!

I'm 100% happy with this EA

NOTE THAT THE STATEMENT PUBLISHED ON FPA IS NOT HOW THE EA WORKS. IT IS USING ONLY ONE OF THE STRATEGIES WITH UNBALANCED LOT SIZE. THIS STATEMENT IS WHAT YOU GET FOLLOWING THEIR RECCOMANDATIONS http://www.myfxbook.com/members/fxgale/forex-gale-real-money-strategy/157011

maximum floating DD seen from the beginning of this statement was around 350$ and stayed quite constant for one week. Then the euro dropped like a stone and it collected a lot of money.

i like what i've seen on demo so,far,seems safe and profitable as you can set safety asit says in the manual(MinimalEquity = 10
This is the point where Expert Advisor will not generate any new order and wait for profit opportunity for exiting trades to bring the equity to positive. This is another way of making sure expert will not any further trades instead try to close current pending trades and then take Fresh start).

so giving a try live with low risk,see what happens

Not easy this time on forex market. I have some EAs, where worked well in the past. But at this time only 2 EAs working very profitable. One of them is Forex Gale. I ve bought them to month ago, and i am very satisfied

I installed fx gale with the help of vendor at CNS VPS, only running Strategy 1 at Low risk settings. I started with a balance of $800 and now its 2nd week and my balance is $931 maximum floating trades were 6% down. I am very happy and I think If it will continue perform like then I plan to put more money. Support is very good.

Hi

The big drawndown was caused to a broker issue with the EA and I used High-Risk settings too.. I used Thinkforex as Broker, but the staff from ForexGale advice me to change, because the EA opened to many trades as normally. I switched now my account to Alpari UK. I'm very happy with the great support of the ForexGale Team and with this product. Best regards, Nino

2011-09-08 4Star I had very good results with this EA. Sometimes the drawndown was about 50% but at the end the EA have managed this very well and close with profit. Not all trades are succesfull, but the profits from the winning trades are higher then the loosing trades.

I hope the developing team will continue to improve this EA.
Best regards,

Nino