Tag Archives: Forex Robots

Forex Demolition forex robot is now live – one of my favorites!

forex demolition

Hi everyone.

I have a news announcement to share with you. One of my long time profitable forex robots (EA) has finally hit the market – ie it’s now available for purchase. The name of this EA is Forex Demolition. I’ve been using this EA for a very long time. A good friend of mine is the main coder behind it so I’ve been lucky enough to be able to test it out on a LIVE account.  This is the only EA that I’m  using on a real money account for now. It is not a super frequent trader but when it trades it’s very accurate. My live account performance can be accessed here:

http://www.myfxbook.com/statements/76744/statement.html

This is a MB Trading account. I activated the EA on the account right after that big dip in the account balance. Previously I had some other EA that nearly crashed my account so I manually traded my way back up to the initial account opening balance and placed Forex Demolition on it, and have been happy with it ever since.

I should mention that Forex Demolition is a scalper EA so the broker you use and the spread matters A LOT! If you notice that you don’t get many trades or no trades with a particular broker try another. Some brokers increase the spread during the time when this EA trades and since this EA has a spread protection mechanism it will NOT trade. ECN and STP brokers work best. The lower the spread the better.

So in conclusion I think you definitely want to look into getting your own copy as this is the real deal folks – an EA that makes pips not empty promises and lofty claims.

To find out more or to get a copy you can simply visit the Forex Demolition Homepage.

I would also encourage you to share your experience and performance over at my forex nirvana forum. There is a thread dedicated to this EA over here.

Happy trading!

Cheers,

Alan

Fapturbo 56 – Increased Performance Update!

fapturbo

Hello forex traders!

It has been quite some time since I last blogged about the Fapturbo forex robot,  but I guess now is as good a time as any since the fapturbo team have released a new update which they claim will dramatically increase performance. We shall see about that. I must confess that I stopped using fapturbo a while back mainly because  with the stock settings it was not profitable. I ran all the scalper pairs and also the long term strategy, but from what I heard on a few forums the stock settings are basically junk so I never got far with my fapturbo test account.

Now that this update 56 is supposed to bring on a huge performance increase I intend to resume testing fapturbo again. The fapturbo team’s sales pitch is that we should expect “a HUGE PERFORMANCE INCREASE in just about every aspect.. our programmers have spent months to finetune those settings and add new algorithms.. so prepare yourself for HUGE gains!” Well now, they are just begging to be put to the test. All I can say is – Game on!

I do have some bad news though. Apparently not everyone will have access _initially_ to the improved fapturbo 56 settings. They want you to become a “premier member” to gain access to these settings. What this means is they want you to sign-up for an account with their recommended broker through their IB link. I guess selling just forex robots is not as lucrative as it once was. Anyways,  let me clear it up for you:

FAPTURBO 56 is optimized for their broker called “MyFXChoice”

For now I’m going to stick with a DEMO myfxchoice account and if all goes well I’ll be nice and open a live account through their IB link.

So now it’s time to install it and see how it goes.  I’ll make another post with a link to a myfxbook page once I get everything setup. From there on you can monitor my performance via the myfxbook page.

For those of you who have never heard about fapturbo you can find out more on the Fapturbo homepage.

Happy trading everyone!

Alan out.

New Fapturbo Version: Fapturbo Ichimoku – Twice as profitable and twice as safe

Hi everyone.

I’ve got some news to share regarding the popular Fapturbo forex robot. The news is that there is a new Fapturbo version called “Fapturbo Ichimoku.” Its creators claim that it will be “twice as profitable” and “twice as safe.” As you can probably tell by its name, this new version of Fapturbo used a trading system based on the trading concept of the “Ichimoku Cloud”

What the heck is an Ichimoku Cloud you say. Well, permit me to lay down some forex schooling on you. The ichimoku cloud indicator shows support and resistance, and momentum and trend directions.

The ichimoku cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart.

The overall trend is up when prices are above the cloud, down when prices are below the cloud and flat when they are in the cloud itself. When senkou span A is rising above senkou span B the trend is stronger upward, and is typically colored green. When senkou span B rises above senkou span A, the trend is stronger downward and is denoted with a red-colored cloud.

This new version of Fapturbo has also been rewritten from scratch apparently, and I also found out that it uses a much smaller stop loss than the previous version.

At any rate I own the previous copy and I intend to put this new version to the test. First though I gotta find a forex broker that has demo accounts that do not expire. Once I have the demo account setup I shall make a post over at my forex blog to let you all know of my performance results.

Current Fapturbo members can download this new Fapturbo Ichimoku for FREE – just log into your members page and download it there. The rest of you will have to buy it from the Fapturbo homepage: http://www.fap-turbo.net

I shall keep you all up-to-date on my performance testing.

Oh, by the way, I also intend to share my performance results on the Forex Autopilot Forum here: http://www.forexautopilotforum.com

Happy trading everyone!

Cheers,

Alan

FapTurbo Forex Robot Version 52 Just Released!

fapturbo

Hi everyone. I’ve got some news for those of you who are into Forex trading like myself. A new version of the popular FapTurbo Forex Robot has been released. They are now up to version 52, and this time they’ve added a new trading strategy based on the EUR/USD currency pair on the 15 minute time frame. Don’t worry if you don’t know what all this jargon means, you will learn it easily.

So what’s new in Fapturbo version 52?

– New trading strategy: EUR/USD M15 scalper
– Improved default settings for all trading strategies (that means they’re MORE profitable)

I guess the big news is the new EUR/USD scalper strategy which should bring in additional profits to our accounts. The performance of the new trading strategy is rather good in my opinion. It (the new trading strategy) took a $10,000 all the way to $57715.50 from 2009 to 2010.

Now, all you Fapturbo owners go visit your members page and update. Those of you who have never heard of Fapturbo feel free to checkout the Fapturbo homepage to find out more. If you already have a copy or if you plan to get one I recommend that you join me and other Fapturbo users at the Forex Autopilot Forum. There is a section dedicated there to Fapturbo. The link is: http://www.forexautopilotforum.com

Good luck everyone. I’ll see you all on the forum!

Cheers,
Alan

Forex Megadroid Price Lowered to $97


Howdy money makers! I’ve got some good news for those of you who like me like to use forex robot to trade the forex market. I have mentioned on many cases that Forex Megadroid is one of the few forex robots that I trade live. Well, I’ve got good news for those of you who want to grab your own copy of this forex robot. The good news is that the Forex Megadroid robot team has lowered the price from $149 to $97.  In my opinion this is a too good deal to pass.

You can see my live account performance either here on this blog (use the google search box to search this blog for “forex megadroid”) or at my forex robots forum. Here is the specific thread dedicated to forex megadroid where I will be posting regular performance updates:

http://www.forexrobotsforum.com/showthread.php?t=5

Cheers,

Alan

New Forex Megadroid Version Released – v1.30

Hello!

I bet by now you all know that I’m into forex trading; especially trading with automated trading systems – aka “forex robots” or “expert advisors.” Well, one of my favorite and most recommended forex robots is one called Forex Megadroid. I bet some of you by now also own this forex product. If you do, I’d like to give you a heads up to let you know that the forex megadroid developers have released a new version – v1.30 to be specific.

The improvements are:

1) a small fix to the AutoGMTOffset feature
2) improvements to the strategy (I can’t wait to see how the new improvements perform!)
3) improved DLL access speed
4) a small fix to the Journal tab messages

*Note: No reason to download manual. Pdf. manual is still 1.21*

It would be good idea to remove both original files and install new.

Also from the MegaDroid people:

“Beginning next week, older versions of Megadroid will
display warning messages regarding the update and
shortly, older versions will cease to function so ensure
that you have the latest version running at all times.
This is especially important if you run Megadroid via
one of the many VPS services.”

So make sure you upgrade if you haven’t already!

Like I said at the beginning of this post, Forex MegaDroid is one of the few commercial forex robots that I 100% recommend – I’ve been using it on two live accounts with great success! If you want to find out more details about Forex MegaDroid or get your own copy I invite you to hop on over to their homepage. See the link below:

http://www.forexmegadroid.ca

Cheers,
Alan