ForexTrendScalper.com Review

This EA can be initially profitable under the right market conditions. In a demo account I was up 300+ pips in a relatively short period. However, then the market changed and the EA turned around, lost the initial gain and continued to go way south from there. The vendor had disabled backtesting apparently because they are "not a reliable indicator of profitability". However, I was able to reinstate the backtesting and the reasons become obvious. Every backtest was not profitable and the account was close to or eventually depleted. That is surely not a good sign.

I also got the Swing Trader Edition upsell but that only generated mostly losses so save your money.

I refunded both EAs.

Their Version 1.2 works a lot better than 1.1 , so far I've had 4 winning days in a row and the system now ony looks for fast moving breakouts to place it trades. I'm using their preferred broker beamfx.com beaucse I think it works better on ECN platform.

Bought the Swing trader upgrade edition and so far have had 19 trades, 11 losses and am minus 326 pips.

Impressed, NOT

I have it running on the Eur/Gbp and the Usd/Jpy for the past week since it came out , the sysem actually works if you give it enough time . It books small profits out of each set of ordrers so far +84 pips .

I like their members area too, they post live results and settings