ForexTransformer.com Review
2 •
2 REVIEWS
Out of business
Updated: Apr 13, 2022
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Website is down. Company seems to be out of business.
Out of business
ForexTransformer.com Performance tests
| Status | Account | Product | P/L Weekly,% | Weeks tested | P/L Gross,% |
|---|---|---|---|---|---|
| Forex Transformer | -5.66 | 47.9 | -93.87 |
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
2 •
2 REVIEWS
Recent User Reviews of ForexTransformer.com
D
Daniel
Canada,
Jun 25, 2009,
Guest
I started running a demo account on June 22nd using FXDD. After 4 days it's traded 7x (1 open trade currently), and my balance is down by 31.78%. I hope the trades to a 180 spin and to generate profit's soon.
H
Helder
Portugal,
Jun 6, 2009,
Guest
This is the same EA that Forex Conqueror. It has exactly the same backtests (4xproject.com...) and it has exactly the same trades on Demo Test in this forum.
Review Moderation Team Note: We do see identical trades. We've sent an inquiry to both websites asking if this is a case of software piracy or if it's just the same product being test marketed in 2 different ways.
Review Moderation Team Note: We do see identical trades. We've sent an inquiry to both websites asking if this is a case of software piracy or if it's just the same product being test marketed in 2 different ways.
J
juan
Germany,
Jun 5, 2009,
Guest
I have been testing Forex Transformer for 2 weeks (EUR/USD) in a demo account. No backtests. It gained 14 of 17 trades (82,35%) and 338 pips (always 0.1L) against 116 pips lossers (74.78%).
I placed it also for test in GBP/USD yesterday, but started with a loss of 150 pips (also 0.1 L).
The seller reccomends it in EUS/USD as best currency to trade and it seems to be right.
Review Moderation Team Note: The rating was removed. Please leave a followup with a rating after trading live for a few weeks.
I placed it also for test in GBP/USD yesterday, but started with a loss of 150 pips (also 0.1 L).
The seller reccomends it in EUS/USD as best currency to trade and it seems to be right.
Review Moderation Team Note: The rating was removed. Please leave a followup with a rating after trading live for a few weeks.
D
David Champagne
United States,
Jun 3, 2009,
Guest
I bought the system because I am a di-hard when it comes to forex.
I just funded my FXDD acct with only $100. The minimum was 1 mini lot so each pip was $1.
After only 1 week on the 15 min it turned into over $500 on a real live acct.
It has performed better than any other EA I have bought.
Just fyi I only had to buy about 10 EA's to get 1 to work.
It was the only EA running.
BEST 1 yet
I just funded my FXDD acct with only $100. The minimum was 1 mini lot so each pip was $1.
After only 1 week on the 15 min it turned into over $500 on a real live acct.
It has performed better than any other EA I have bought.
Just fyi I only had to buy about 10 EA's to get 1 to work.
It was the only EA running.
BEST 1 yet
C
CrapEA
Singapore,
May 22, 2009,
Guest
Did a back test on EUR/USD from Jan2009 to May2009. Results all lost money no matter what time frame used. Look like Parabolic SAR is the only indicator use in this EA. Maybe if they reverse the command from Buy to Sell and vice versa probably will make some money...LOL. Don't think will use for live trading with this, might as well burn the money myself instead like what they said in their advertisement. They said this for long term trading, performance can only be known after 2 months. Smell a rat ?
Y
youpick56
ct,
May 19, 2009,
Guest
i am testing it right now .it do not show stop lost or take profit trailing stop in the platform expert tab like the magic machine do.do not know how this thing is going to work they say give it 2 month to test ,because it a long term trader robot