Forex G-Force
Overview
| EA Name | Homepage | Pair | Timeframe | Takeprofit | Stoploss | ECN | 5-Digits | Comments |
|---|---|---|---|---|---|---|---|---|
| Forex G-Force | Click Here! | GBPJPY / EURJPY / EURGBP | H1 | 110-160 | 110-190 | no | automatic |
Forward Test (Demo)
Status: running
Last update: 2010 March 10, 09:56 (GMT)
| EA Name | Statement | Weekly Net P/L [Pips] | Weekly Profit | Weekly Trades | Winning Trades | Max/Min [Pips] | Closed P/L [Pips] | Open P/L [Pips] | Total Profit | Max. DD [%] | Weeks in Test |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Forex G-Force | Statement | -23 | -0% | 7 | 49% | 160 / -191 | -245 | -56 | -1% | 12% | 13 |
Backtest
| EA Name | Statement | Period | Pair | Closed P/L [Pips] | Open P/L [Pips] | Trades | Winning Trades | Max/Min [Pips] | Max. DD [%] | Comment |
|---|---|---|---|---|---|---|---|---|---|---|
| Forex G-Force | Statement | 2008 | EURGBP | 1045 | 39 | 65 | 52% | 160 / -161 | 9% | |
| Forex G-Force | Statement | 2008 | EURJPY | -956 | -68 | 224 | 58% | 110 / -202 | 40% | |
| Forex G-Force | Statement | 2008 | GBPJPY | -2344 | 0 | 378 | 39% | 160 / -113 | 43% | |
| Forex G-Force | Statement | 2007 | GBPJPY | 2729 | 0 | 251 | 47% | 160 / -115 | 12% | |
| Forex G-Force | Statement | 2006 | GBPJPY | -1439 | 0 | 135 | 40% | 160 / -114 | 19% | |
Homepage / Vendor
The Forex G-Force Homepage shows that the product already is sold out. The vendor of Forex G-Force is the one which did release Forex Nemesis a while ago.
Delivery
As owner of Forex G-Force you get:
- the Forex G-Force Expert Advisor (compiled .ex4 file)
- a 17 page pdf settings manual
- access to an introduction and settings video
There is an upsell after the purchase which allows you to buy Forex G-Force Sniper and EURUSD robot.
To stay updated the vendor maintains a blog which contains news and settings for different brokers:
Forex G-Force Blog
Installation / License
Forex G-Force comes with unlimited license. The installation is simple and quickly done as there is only 1 file to copy but and instruction for that action is missing so a newbie would have some troubles.
How does it work ?
Forex G-Force is a trend following EA which trades during a specific time of the day. It enters new trades based on price action and some verification by RSI, MFI and CCI-Channels. Beside a fixed takeprofit / stoploss there is additional logic built in to exit trades if needed.
Settings / Money Management / Broker Requirements
Forex G-Force has a couple of settings which allows to configure it’s trading behavior. They are described in the settings manual in detail on 3 pages. Beside that the manual contains the recommended settings listed for different brokers and for additional brokers they can be found at the vendors blog.
Beside a fixed lotsize Forex G-Force offers a built in, risk based money management and automatically adapts to 4-/5-digit price quotes.
ECN style brokers which require market orders are not supported.
Conclusion
An interesting robot from a vendor who cares about his customers. Sales has been closed to allow the vendor to provide the requested support and the blog is regularely updated.