TheForexTerminator.com Review

2.379 • 3 REVIEWS
Out of business
Updated: Apr 13, 2022

Website is down. Company seems to be out of business.

TheForexTerminator.com
Out of business
2.379 • 3 REVIEWS

Recent User Reviews of TheForexTerminator.com

E
E Kusk
Waterford, MI,
Aug 22, 2009,
Guest

I have been trading it live now for 4+ months on 2 live accounts. One with FXDD and the other at IBFX.
Here are trades list:
DATE FXDD IBFX
4-28 +29 +49
5-7 +56 +49
5-21 -50, -100 -41
6-3 No Trade +25
6-22 -1 -3
6-30 +11 +15
7-2 No Trade +4
7-10 -2 +7
8-6 +17 +20
So at FXDD it lost pips. Part of the problem was that it opened a 2nd position on 5-21 at a worse price and they both lost, at IBFX it only opened one position that lost. I don't know why this happened. FXDD has a wider spread on this pair than IBFX and that hurt a bit too. On IBFX I am very happy with the results of this EA. It is a profitable EA.

2009-04-02 No rating I bought this EA on Jan. 30, 2009 and I have been running it on a demo account on the EUR/GBP 4 hour chart. I initially thought that this thing would be c*** and I would have to ask for a refund because I saw the buy and sell arrows indicator was repainting itself to make the signals look perfect. The EA however waits and enters most trades at around the 1/2 way point of a price swing on the 4 hour chart. 1-30 until 4-1, it has made only 5 trades, 4 buys and 1 sell and they all won pips from 1 minimum to 64 maximum pips per trade. So, I can't ask for my money back because the thing works! I am going live now and will post down the road when I have some real trades under my belt.
P
powercouple
calgary,
Mar 7, 2009,
Guest

Don't use the automated version. It sucks to say the least. Do not rely on the super signals either. Wait for all the indicators to line up, then set a LARGE stop, THEN you are usually good for a run. I have made $2000 to $5000 on individual trades, but you have to wait it out. Lots of nail biting on this one.
P
peter
Canada,
Feb 15, 2009,
Guest

Just using the manual version. It signals a trade by placing an arrow on the chart. If 2 other indicators line up, then it's a trade. The signals are horrible and consistentyly lose. Furthermore, when you log out of and back in to Metatrader, the signal arrows all change and are aligned perfectly with the up and down cycles of the market. I believe this borders on a scam. The signal arrows should not change when you log back in. This is a horrible system. Stay away.
E
EAsucka
CA,
Feb 3, 2009,
Guest

Got a refund yesterday.
EA doesn't work. Period. No activies for three days.