Recent content by forex-tester

I recommend trading only USDCHF, USDCAD and EURCHF M15 for your deposit for best effect. Don't use long term strategy for small deposit size. Set MoneyManagement (MM) ON and Lotriskreductor = 10 for EURCHF, 20 for USDCHF and 15 for USDCAD. Set the MaxSpread value to 8. Other settings - defaults.

There was too much hype around new IvyBot which was released recently. Robot trades 4 pairs EURUSD / EURJPY / USDCHF / USDJPY with slightly different settings. Big claims on a website are not supported with a backtest or forward test results. IvyBot strategy is rather simple - it is based on...

The Forex Transporter EA is made by the "Next generation fx trading" company which released such EAs like forex knight rider, forex godfather, jaggernaut etc. All these EAs use the same marketing ideas: cherry picked trading screenshots, no live trading results, no complete backtest. Here is...

Forex Nuke is a clone product of Forex Phantom. Both EAs have the same code but the vendors co-exist in peace. Seems they both bought the same code from one source programmer and redistribute it. The Forex Nuke robot trades EURUSD M15 based on Moving Averages and Commodity Channel Index...

The package consists of several robots. Few more robots are promised in future "Due to our schedule, Thunderstorm EA and Grid Specialist EA will be delivered in October 2009." Forex Bling has got EAs for every type of trader - from scalping to trendfollowing, breakout and grid system...

I have got in contact with the developer of Euro Blaster however he was not very friendly and refused to send me a copy of his EA for the review. That is often a warning sign - if the robot is really good vendors are always willing to show it to our readers. However I can't say that this...

Hi! I tested this EA! It shows not bad results... In this time I trade of FapTurbo on my VPS account! You can see results in my website: Forex Tester. Independent Forex Systems Testing and Reviews

Forex Godfather promises "Next Generation FX Trading".. The sales pitch is filled with useless promises however I could not find any forward test results or live proof there. Godfather trades on GBPUSD H1. It is not a scalper so it does not trade often - just a few times a month. According to...

I've got tons of emails to review the Forex Mercenary. The Forex Mercenary comes in a way of total black box. They have developed a Java Software which promises to use "advanced statistical models that take into account a broad array of information relevant to the particular instrument they...

Many traders concern about the New NFA rules -- will they kill MT4 trading in the USA? Will they ban stop loss and take profit? Will they let you close only first position first even if the last is in profit now and due to closure? Today I decided to find out the answers and created my NFA...