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.
Forex Probability Indicator
December 29, 2008
I’ve been following the development of FerruFx’s Probability Meter for trading Forex with MetaTrader 4. To be quite honest, I find this to be a pretty brilliant tool for those of us who like to see in BOLD colors which way to trade. This tool could easily keep you out of the most disastrous trades by shorting a currency that is clearly strong or buying a currency that is weak. The Probability Meter will show you not only the direction of the trend but how strongly it is moving in that direction.
Basically, how this indicator works is the user must determine whether or not the individual indicators within the chart align. The creator says that 75-80% is a good trigger for an entry, but without a doubt other things should be considered like Fib levels and pivot levels.
Example how you can trade with the Probability Indicator from FerruFx: “attach the Meter on M15 and the 2TFs below (M5 and M1). First, the 2 additional indicators on the 3 TFs must agree. Then watch the numbers of the 3 others indicators (doesn’t matter which TF because the number will be the same). If these numbers are about the ones i suggested in the explanation above, then the Global % would be close to a good entry point. 75% seems to work well but with experience we’ll all find our % which we are confortable with.”
The Probability Indicator works with the following currency pairs:
EURUSD
GBPUSD
AUDUSD
USDJPY
USDCHF
USDCAD
EURJPY
EURGBP
EURCHF
EURAUD
GBPJPY
GBPCHF
AUDJPY
NZDUSD
NZDJPY
AUDNZD
CHFJPY
EURCAD
AUDCAD
The indicator by itself is only $67. Check out Forex Forums for a discussion on the Probability Indicator.
