Tag Archives: Expert Advisors

I’m trying out FapTurbo 3

Hey everyone! Wow, it’s been almost forever since I posted on this blog.  I’ve been busy with other occupations so this blog has taken a backseat to everything else in my life. I have decided to get slowly back into blogging about the forex market.

In particular this post is about me getting back into playing around with forex robots. I have used the popular FapTurbo forex robot in the past with some success.  I’ve been using the 2.0 version on two live accounts for many months now, but never really gave much though about sharing that with anyone else. However I just leared that there is a new and supposedly improved version of this forex robot. I’ve got it on two live accounts with FxChoice and Capital City Markets (was Tallinex but Tallinex decided to dump all their Canadian clients sadly).  So far I’m quite impressed with the performance of the 3.0 version of FapTurbo. It seems to have better entries into the market than the previous version. What I really like more though is the Bitcoin version of FapTurbo. Right now this version is super profitable.

I’ll make another update post once I have some performance data to share. My account is a bit cluttered with my own manual trades, but I’ll try to see if I can sort out the robot’s trades from my own.

If you want to find out more about this forex robot checkout the FapTurbo 3.0 homepage.

Note, you’ll be helping me out if you decide to purchase it. No pressure to do so of course but I’d just like to thank you in advance.

Cheers, and happy trading!

-Alan

Fapturbo Premium 2.4 is here

fapturbo 2

Greetings traders! Those of you who are into forex robots may want to know that the latest version of Fapturbo Premium is out. They are now up to version 2.4 and they made a few improvements to the trading strategy.

What’s new?

+ 78 times more profiable. +782% More Profits to you

+ New Daily Trend Prediction filter added = Maximized profits for you

+ Increased Probability% of the medium-to-long term daily trend profits

If you’re interested check out their website by clicking here.

Started using FAPTURBO 2 on a live account

fapturbo 2

Hello everyone. I just wanted to let you know that I started testing the new Fapturbo 2 forex robot. I have known about and used the fapturbo series of forex robots since they first came on the forex scene. I used to use their first version 1 product a while back, but when I took a break from forex I stopped trading with it as well. Now that I’m back I though it was worth a shot to revisit the old systems that I used to use. I’m glad to see that the fapturbo crew as still at it. This new version 2.0 remains unproven to me, so that’s why I decided to put it to the test on a live FX Choice account. It’s a humble $240 account that I’m using to test both the BTC version of Fapturbo and the standard forex currency pairs version.

I’ll post updated on how it goes.  If you have any questions or comments leave them below.  Thanks for dropping by my blog.

Cheers!

Forex 1000 Pips EA Review

forex 1000 pips

Hi everyone. A while back I wrote a post saying that I started testing the Forex 1000 Pips EA. So after some time testing the EA I think I can confidently come to a personal conclusion regarding this EA. I say “personal conclusion” because I was not able to test it for an extended period of time. On the date of 04-14-2013 I set it up on a demo FXCM mt4 account with a starting balance of $5000 (USD). My demo account expired on 08-02-2013, and at that point my account balance was at $5093. There was a floating trade on the GBP/USD pair that at the time the account expired was at -167$. However the good news is that this gbp/usd position was opened at 1.55xx so had the account not expired it would’ve hit take profit for sure as gbp/usd is not at the 1.60xx range.

So, basically this EA works somewhat but given that after several months I barely made much profit I’d say it’s not an ideal performer to put it politely. If you go to this EA’s homepage it appears it’s no longer  available for sale. Instead its creator (a supposed “Rita” woman) is selling some scalper EA. I’m not sure if it’s worth spending more money to test her newest creation. Since it’s no longer available for sale I can’t give a definite buy or not buy recommendation. I would just say “move on” is the best review conclusion.

For now I think I will look for other EAs to test.

Happy trading everyone, and thanks for visiting my blog.

Alan

Started testing Forex 1000 Pips EA

forex 1000 pips

Hi everyone. It has been such a long time since I’ve taken upon myself to test a commercial expert advisor (aka forex robot), but recently as I was helping a client of forex vps nirvana (a perfect place to host this and other EAs)  setup a forex robot called “Forex 1000 Pips” and I got this flashback of when I used to play around with EAs like some obsessive compulsive treasure hunter. Back then I used to have a lot more spare time – these days not so much (you could probably tell by the sad fact that I don’t update my blog so often). Sorting out the good from the bad is not easy and very time consuming. I came across a few good EAs, but the majority were junk.  Anyways, before I go on a rant I can probably boil this story down to the following steps:

1) I noticed this oddly named Forex 1000 pips EA

2) Did some googling

3) Become curious to see how it performs

4) Grabbed a copy

5) Slapped it on a demo account.

The rest is essentially only a matter of time. For now I’m running Forex 1000 Pips on a demo FXCM UK account. This EA runs on the EUR/USD and GBP/USD currency pairs – both on the H1 time frame.

I will continue testing it and report my findings here. If it works out ok on demo I got a modest live account I intend to use it on.

Wish me luck!

Oh, and if you have some opinions about this EA you’d like to share feel free to leave a comment.

Alan out.

Professional forex software installation services

automated forex trading systems

Hello fellow traders.

I am often guilty of taking my computer skills for granted and no doubt many of you do the same. But the reality is that we all had to start somewhere. We were all computer and forex newbies at some point. Installing and configuring forex trading platforms,forex robots or indicators is not something that seems immediately obvious even to those people with highly developed computer skills.

So if you’re a beginner forex trader and you find yourself overwhelmed by all the technical aspects I want you to know that you can get help. There are professional forex software installation services out there that you can take advantage of. Today I am going to introduce you to two of the ones that I know best. No doubt there are other ones out there. So if you come across any other reputable and trustworthy ones let me know in the comments section of this post.

Ok, so let’s get started. The first one is:

FX Install: This company will install ANY forex software for you. They’ll install the software either on your PC or a forex VPS. They also have a lot of support options available to you, including skype chat, live chat support, and even telephone!

As far as their fees go, their prices seem reasonable. For a one time install they ask a fee of $67. Or alternatively if you find yourself needing their services on a very regular basis you can sign-up for a monthly subscription the cost of which is $34.95 /month.

EA Setup: This other company has been around for quite some time. They are a bit different than the first company is the sense that they specialize in installing MetaTrader (MT4/MT5) EAs (aka forex robots). Their price for this service is $60 (one time fee). Also like the first company they will setup your EA on any VPS you may have.

Well. there you have it. Two easy solutions if you find yourself in need of a professional forex software installation service.

If you try either company feel free to leave your feedback on what you like or dislike about them, their level of service or anything that may be useful to other interested traders  – to better help them decide which service to choose.

Good luck everyone!

Alan

Forex Demolition Performance Update #2

forex demolition

Hello fellow traders. This is the followup to my first performance update (available here) of the Forex Demolition EA. I will keep this brief as there isn’t much to discuss. The gist of it is that Forex Demolition is still making me money. The market has been a bit rough lately so I haven’t had as many trades as I would like but the at least I’m not losing money. Like I said previously this EA trades with the trend so if the market is choppy it’s just not going to trade at all. It plays it safe and that’s fine by me.

So now my live test MB Trading account has so far a total profit of 184%. The monthly return for this month is 3.48%.

Now considering the good performance I am thinking of opening an account with a different broker and see how that one goes. So far it’s between MIG Bank or FinFX. As to which I’ll choose I’m not sure yet, but eventually I’ll make a decision.

That does it for this brief performance update. Stay tuned to this blog (or subscribe) and I’ll keep you up to date on how this EA performs.

Cheers,

Alan