Forward-Test: Juggernaut restarted

Posted on February 11th, 2010

When we added Juggernaut to the forward test, money management was not active and Juggernaut traded with 1 full lot. We did correct this and restarted it in forward test.

System-Release: Forex 1 Min Profit

Posted on February 11th, 2010

Karl Dittman released a new manual trading system called Forex 1 Min Profit. According to the homepage it contains 5 secret scalping methods. Check the Forex 1 Min Profit Homepage.

Forward-Test: Robot added

Posted on February 11th, 2010

We added Forex Cash Evolution to our forward test on demo-accounts.

Robot-Review: Forex Avalanche

Posted on February 11th, 2010

The analysis of Forex Avalanche is completed. This Expert Advisor trades GBPUSD on the hourly timeframe and comes with detailed description of the trading system used. Visit Forex Avalanche Review to learn more…

Forward-Test: Cash-Cruiser moved to LIVE-Account

Posted on February 11th, 2010

After 9 weeks of demo-testing with a total of 10% profit and consistent backtest results we decided to run Cash-Cruiser on a real money account.

Forward-Test: Robot removed

Posted on February 11th, 2010

After 11 weeks pipthief was not able to produce a significant result. As the backtests are showing incosistent results and high drawdowns as well we stopped testing it and will not use it on a real money account.

Robot-Review: Forex Knight Rider

Posted on February 11th, 2010

We completed our Analysis of Forex Knight Rider, a scalping robot which trades EURUSD outside of the most common scalping windows. Visit Forex Knight Rider Review for more details.

Forward-Test: Robot added

Posted on February 10th, 2010

We added Pipandroid to our forward-test on demo-accounts.

Forward-Test: Robot removed

Posted on February 10th, 2010

Forex Twister was running in our forward test during 9 weeks. Overall it lost 3% with a max. drawdown of 14%. As the backtest for teh last couple of year are not consistent as well we don’t see potential in this robot and removed it from our forwardtest.

SCAM-Alert: USDBOT

Posted on February 10th, 2010

After a hint from a member our SCAM investigation team analyzed Mark Trenton’s USDBOT in detail. The expert advisor sold as USDBOT has been taken from the forex factory forum without permission from the authors. To protect their business the vendor replaced the robot then with USDBOT V2. This one has a completely different trading logic and uses martingale which put’s your whole account in danger. Visit USDBOT Review for more details and download the expert advisor for FREE from our download area.

Robot-Release: FX Illumination

Posted on February 9th, 2010

Today Kenneth Anderson’s new expert advisor FX Illumination will go live. Kenneth claims to be a proefssional Trader and Coach for more than 10 years. Checkout the FX Illumination Homepage.

System-Release: Fibonacci Strike

Posted on February 9th, 2010

The Ex-Bank Trader Tom Strignano released his new manual trading system called Fibonacci Strike. Check out the Fibonacci Strike Homepage.

Robot-Release: Forex Cash Evolution

Posted on February 9th, 2010

Jeff Miller released a new expert advisor called Forex Cash Evolution. On the homepage there is a 10 year backtest shown beside other information. Check out the Forex Cash Evolution Page.

Robot-Release: Pipandroid

Posted on February 9th, 2010

Sean Mc Daniels released a new robot called Pipandroid. This expert advisor seems to trade different pairs. Check out the Pipandroid Homepage.

Robot-Update: Cash-Cruiser

Posted on February 4th, 2010

Patrick Doucette released Version 2 of Cash-Cruiser. This new version contains a couple of new options:

  • An automatic baseline calculation to use it on different currencypairs
  • A trailing stop
  • The possibility o enable / disable trades on friday
  • An option to close all open trades on friday at a defined time

Visit Cash-Cruiser Review to learn more about this Expert Advisor.

Top Robots (Forward-Test)
# EA Name Weekly Net P/L
[Pips]
1 FRWC HiRider 212
2 Forex Cash Evolution 199
3 FRWC LMD MultiCurrency 105

Top Robots (Live-Trading)
# EA Name Projected
Yearly Profit
1 A.I. Forex Robot 327%
2 FAPTurbo 88%
3 Forex Conquest 65%
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