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ForexHumanoid.com Review Performance Tested Expert Adviser

Overall Rating: (2.800)
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Total Reviews: 17
Last Updated: 2011-08-16
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FPA Review Moderation Team, USA

Rating: No Rating
Date of Post:2009-07-20
Review: We haven't tried the forex EA from ForexHumanoid.com. If you've let this software trade forex for you, please leave your review here.

Mac McKeen, Phoenix, Arizona

Rating:
Date of Post:2009-09-10
Review: I have had the robot on for 6 weeks on a live account. I checked with the support to be sure that all the parameters are set correctly. I have not had one trade!! Maybe I should be greatful, no losses either! This was a waste of money. For those who have posted reviews with good result, it would be nice if they also posted their parameter settings so others can verify they results.

RISHI, INDIA

Rating:
Date of Post:2009-08-30
Review: WE HAVE TO SETUP HUMANOID ON VPS,SO THAT IT PLACES GOOD TRADES.MY STATEMENTS AFTER KEEPING HUMANOID ON VPS ARE AS FOLLOWS:

Closed P/L: 1 176.90 FOR 1,000USD

BELIEVE ME IF U KEEP UR HUMANOID ON VPS IT IS THE BEST ROBOTS YOU EVER GET AFTER.IT HAS PLCED 9 TRADES AND NONE OF THEM IS LOOSING.

Simmo, UK

Rating:
Date of Post:2009-08-25
Review: I have been running Humanoid since 29th July. No losing trades yet, but I've had no trades since the 11th August. Eur/Usd 1hr timeframe running from 2300 gmt to 0800 gmt, Alpari UK live and demo accounts. Anyone else had this ?

martin, New York City

Rating:
Date of Post:2009-08-24
Review: After reading the reviews for this robot I wanted to add my results to it.
So far (on a live account for about 2 weeks) Humanoid has made about 22 trades (at 0.1 - 0.2 lots,) - 21 wins 1 loss

In money +US$ 392

Now that is a very good result - the one loss took out US$ 273 (with 0.2 lots)

This is how I use the EA.
- I do not use the trading hour feature, but let it run and trade 24 hours.
- I trade it on 8 different chart (that is why I have that many trades)

Anyway, it is working for me, and I am talking live account

Inexperienced trader, UK

Rating:
Date of Post:2009-08-19
Review: From what I can tell this EA seemed to follow the overall trend. Seemed to be doing this ok and then as you can see from it's performance it went disastrously wrong.

It seems to trade on the predicted trend everytime you start MT4 even when you have open trades.

I played off vs my own $5000 demo account and I have ~$7000 and it has a balance of $148.

Luckily I hadn't switched it to a live account.
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Eddie, South Africa

Rating: No Rating
Date of Post:2009-08-17
Review: I am running this EA on FXDD and not a single trade in two weeks (live acc). Is it because FXDD is 4 digits? It so frustrating to see these results on the test page, yet I'm getting nothing!!

Paul Skrobarczyk, Corpus Christi texas

Rating: No Rating
Date of Post:2009-08-13
Review: Set correctly, this may be the tortoise that beats the hare. Be sure you set risk much lower than the default, or there is a good chance you will go broke. You must play with optimization on any EA to achieve the best results. For eurusd, ( I am using a very small account ), I use 1 for risk. Set conservatively this EA never seems to lose. So far in demo mode it appears to double the account about every 2 months. My hat is off to the Humanoid crew.

sa1hawk

Review Moderation Team Note: The rating was removed. Please leave a followup with a rating after trading live for a few weeks.

Rosa., New Zealand

Rating: No Rating
Date of Post:2009-08-02
Review: I've had the EA for more than a week.I installed it in my demo account. Initially, I had some losses -- because I manually closed 2 or 3 trades that looked like losing. I then decided to just let it run without interfering. So far I had 2 trades, which in the bginning looked like losing trades but some how, The EA managed to turn them around into winners.
This EA is not a scalper, you have to let it run for a couple of hours or even overnight to realise profits. So it is important to change the parameters especially Risk and Lot size.
The instruction says that the hours have to be set to 2300-0800 GMT. Also, the best currency pair to trade is the EURUSD.
I had installed it in my Live account Lot 1 and Risk 0.2. It had made1 trade with a win. I was surprised it had inbuilt trailing stop.
I have not given it a rating because it is early days yet.

jim brown, manchester England

Rating:
Date of Post:2009-08-01
Review: Hi,I bought Humanoid on release and have it running on 2 demo accounts,alpari & forex meta,on the first day of instalation it took 100 pips on both accounts then 2 days later another 80 pips,but disaster struck on 31 july when i was at work the E.A got into a buy EUR-USA and has lost 400 pips taking an order to buy 3 lots ? I cant understand why it would take 3.i will keep testing it untill I chance going live,,jim.
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