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ForexKnightRider.com Review Performance Tested Expert Adviser

Overall Rating: (3.000)
Total Reviews: 4
Last Updated: 2010-02-19
Special Notes: Forex Knight Rider is a product of Next Generation FX Trading
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FPA Review Moderation Team, USA

Rating:No Rating
Date of Post:2009-12-14
Review:We haven't tried the EA from ForexKnightRider.com. If you've let this software trade forex for you, please leave a review here.

Update: The FPA has begun a Performance Test of this EA on a demo acount.

Randy Churchill, Panama

Rating:
Date of Post:2010-02-11
Review:Have used the robot. Don't use it any longer. It only makes 6 pips per trade and takes a 60 pip lose on losing trades. And so one bad trade can wipe out ten good trades. I back tested the Knight Rider and in 2009 in had 65 trades in a row that were good. Was a good year. If you back test it though you will find it has a very bad equity curve and it is just not worth putting your capital on a roller coaster ride this volatile.

Randy

Joshua, Oklahoma City, OK

Rating:
Date of Post:2010-01-05
Review:Well you shouldn't need support on it. It's pretty straight forward on the installation. It's done 6 trades since 12-18-09 on a live account with Forex.com and all were positive. The first trade I scaled it down to 10% on their MM and it did a .6 trade for $36. The other 5 were at 20% MM and they did (3) 1.2 trades for $72 ea and (2) 1.3 for $78 ea in profit. I'm running a 200:1 Metatrader account. Good value thus far, but I don't know how bad a loss will be as of yet.

Michael, Atlanta, Ga

Rating:No Rating
Date of Post:2009-12-15
Review:BEWARE! Since this EA was produce by the Forex Godfather team , which I had purchased and since received a refund for, due to non response for support. And subsequently receiving the info that Knight Rider was coming out, I decided to ask a question with the contact info with support for Night Rider. That was last week and still no response, although the sales web page specifically states they have superior support! It's all a bunch of c@#&p! It may well be a great EA but without support it sucks!!!!!!
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