Forex Trend Scalper EA!
October 25, 2009
I’ve been talking to a few of you lately who seem to be at a loss finding an Expert Adviser that both works and is profitable. I always tell people that they should NEVER put their eggs in one basket, in Forex meaning, never entrust your entire capital to one method, one expert adviser, or one account manager. In fact, mixing these types of trading may suit you all best. Where I can help is to turn you on to
FOREX TREND SCALPER.
FAPS TURBO REVIEW
March 22, 2009
Does Forex AutoPilot Turbo Really Work?
This question has haunted me ever since I first heard of Forex AutoPilot, does FAPS really work or is FAPS just another elaborate marketing scheme set up by people who know more about selling products than trading Forex? I had come to learn that making an Expert Advisor was not very difficult. You can actually open up and edit EA’s to see how these EA’s are made exactly. Based on this revelation, I then thought it would be quite easy to “hype up” this EA you had just created touting its amazing abilities and prove it by showing you backtests. But does FAPS work with real money? Does it trade effectively on auto pilot with real money in a broker, trading live? It’s a question I can now help everyone answer, because I have just become the owner of Forex Auto Pilot Turbo. FAPS, the predecessor to FAPS Turbo is available for free almost anywhere you look, Torrents, Rapidshares, Many file downloading sites… but FAPS Turbo I actually had to buy because its available nowhere for free.
I forget where I first heard of FAPS Turbo but I truly have been interested ever since that moment in testing out the amzingly profitable Forex Bot myself. There have been oh so many sites “reviewing” FAPS Turbo but what is their motivation for doing so? I can tell you, I just want to see if it works half as well as “people” say it do.
Right out of the box I added the EX4 to EURUSD, EURJPY, GBPUSD, and AUDUSD charts and will let this run on a $1,000,000 Demo Forex account at FXDD. I will be testing out Faps Turbo on two EURUSD charts, once with the default settings of 500pip stop loss and a slight modification of 100 Pips Take Profit level.
The second setting I will FAPS Turbo with a setting of 50Pips Take Profit and 50Pips stop loss and a 20pip trailing stop. Part of me just cringes at any system “needing” a 500Pip stop loss for any reason, unless you have millions covering your account, I just don’t see how its plausible. Maybe one can correct me on this. I believe the default settings for FAPS Turbo needs to include a trailing stop. With other bots and EA’s I’ve experienced amzingly high winning trades only to see the same trades result in losses because there was no trailing stop employed in the settings. Alternatively you can add your own trailing stop by right clicking on a chart in MT4 and selecting the trailing stop you’d like to set.
At any rate, I hope to return some good news to you all by tomorrow evening about Forex Auto Pilot being an awesome forex system. I do fret, however, that the FAPS Turbo bot will be another smelling pile of poo. Not to be too judgemental, but the only people I see giving it good reviews are those who have a vested interest in seeing a positive light be cast upon the bot. These people namely being other clickbank members (beside myself) who are earning $50 for referring you to them. Hell, I won’t turn down free money and would also refer you to FAPS Turbo, ONLY IF IT WORKS FOR ME. I give you this much.
Huge PipBoxer Discount — Only 2 days left
March 10, 2009
PIPBOXER + GRIDBOXER ONLY $999
This is the best deal I’ve seen come accross from the folks over at Investtech, makers of Pip Boxer and Grid Boxer EA’s for Mt4. These EA’s help identify logical ranges based on statistical volatility. You can buy these EA’s for one currency at a time, OR, buy the complete package. Well, until March 15, 2009, you can receive the entire package of both GridBoxer and PipBoxer at 63% off the original price.
There was a time I just could not afford this package let alone a multitude of these EA’s individually. Now, I can totally afford this, since I made at least 380 pips this month alone, I can afford purchasing Pip Boxer and making even more pips on AUTO PILOT! It’s sad that the sale ends March 15, so get your copy TODAY before it’s too late.
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Zink Killer: Where Did It Go?
January 25, 2009
FOREX KILLER EA?
The Zink Killer EA is this Expert Adviser for Meta Trader 4 that was programmed by a guy known only to me as “ZINK” that was on a Forex Forums somewhere. It interested me because it was touted to be the AUTOMATIC VERSION OF FOREX KILLER. From the moment I tried Forex Killer I wanted to see if it was possible to make this a completely automated Forex system, cutting out many extra steps that waste time before entering a trade.
He had anyone interested email him for the demo version of the Zink Killer EA, which I did, and it worked pretty well for a while. In fact, the EA, with the right settings, turned out to be profitable more than not. It did get me into some losing trades, which I chalked up to relying to heavily upon the EA entering trades automatically, with little to no logical intervention on my part that might keep me out of a bad trade.
Long story short, the Zink Killer EA stopped working after a few months, the demo must have expired. When trying to find him to get a full version, I never got a reply. There is no Zink Killer website or anything so I am at a loss.
As you can see it was customizable with Trailing Stop, Lot Size, Stop loss, and a few others. I really enjoyed testing this out and want to try it with a few dollars in a small account somewhere. So if Zink comes to this blog, let me know what’s up with Zink Killer, is it discontinued? Is it available? Thanks bud.
My Final Forex Killer Review
January 11, 2009
Well, it’s not much of a review, rather than a final comment on why this software really isn’t worth your time. Like I’ve said many times, Forex Killer works just fine, but there are other things out there to help you trade that are much more worth your time and in some instances free of cost to you.
I decided to make this post because I still see a large portion of my visitors searching for Forex Killer in some way shape or form. Most people ask, Is Forex Killer a Scam? Well, I do believe Forex Killer does exactly what it says it does. But perhaps it shifts focus off of a trader’s inherent responsibility to actually learn how to trade, with promises to make you rich simply and without stress. I’ve come to appreciate a healthy amount of stress while trading, careful to not get too comfortable in any one method, following any one indicator, or any one signal provider. The market is always changing, evolving perhaps, adapting definitely, so what works one day may not work the next.
While it’s not necessary for a forex trader to be “aggressive” in his trading style, I believe just trading with Forex Killer in one’s system is not proactive enough to make “a killing” like the software promises. 
The whole idea of cutting and pasting the last X amount of closing prices then calculating which way the trend is can easily be found in a number of different indicators and methods. Seeing recently what TopGun Software can compute and graphically present, for instance, their one of a kind FX Multimap can instantly show you the strength of a pair or an individual currency vs all other currencies. Flips of this Multimap from red to green usually indicator a change of direction or resumption of a previous upward trend. Either way, weakness is disappearing and strength is continuing and this is shown to you in an instant and you did nothing except add this indicator to your chart. Another great thing about Topgun is the recent Narrow Range Breakout Script that intuitively adds lines above and below the levels of important ranges. Used in concert with flips of FX MultiMaps from green to red or red to green, a successful trade becomes all the more likely. Forex Killer could NEVER give you such amazingly simple indications of when to enter a trade. Exiting a trade is just as simple if you just add a trailing chandelier stop. It’s hard to do much of anything with Forex Killer except identify how likely a trade is to go up, but if you took any sort of Forex education, you’d probably hear at some point that you ought not trade on what you think “might” happen, rather, trade based on what you see is happening. TopGun has scores of other indicators I am just learning about, so I’ll keep you updated on this software of the next few months.
The only downside to TopGun Software is that it costs approximately $250 per month to pay for E-Signal feeds and the software itself (free if you sign up for FXCM under TopGun as an Introducing Broker Client).
That is just one big “for instance” when looking for alternatives to programs such as FOREX KILLER. Not much else to say except there is undoubtedly many things better than Forex Killer in the world today.
