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REVIEWS
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FPA Review Moderation Team, USA
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No Rating
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| Date of Post: | 2009-10-28
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Review:
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We haven't tried the EA from ForexTrendScalper.com. If you've let this software trade forex for you, please leave a review here.
Update: The FPA has begin a Performance Test of this EA in a demo account. Please click the link towards the upper-left to follow the results.
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Dan , New York, USA
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| Date of Post: | 2009-12-15
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Review:
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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. |
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Jason, Illinois
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| Date of Post: | 2009-11-23
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Review:
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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. |
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Doug, Belgium
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| Date of Post: | 2009-11-05
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Review:
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Bought the Swing trader upgrade edition and so far have had 19 trades, 11 losses and am minus 326 pips.
Impressed, NOT |
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Stuart, Michigan
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| Date of Post: | 2009-10-31
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Review:
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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 |
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Disclaimer and Risk Warning. Please read.
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