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.
I’ve been really busy lately with my VPS business so I haven’t had much time to dedicate to my blogging, but let’s see if I can spare a few minutes to write this quick update post regarding my ongoing testing of the Forex Demolition forex robot. As I announced in my last post on this topic Forex Demolition was recently released to the public. I’ve had a copy all along and have been quietly testing it. So far so good. My live MB Trading account is up by a lot. I started with $400 and I’m now at over $1000
The last few months have been pretty rough for the EUR/USD pair but thankfully this EA has smoothly sailed the turbulent seas of volatility.
So for the curious you can see my live test account’s entire trading history here:
I’ll try my best to keep you all up to date on the latest happenings regarding Forex Demolition.
Oh, one more thing before I end this post. I spoke with the main developer who told me that they are working on tuning the EA for other currency pairs. Hopefully that will turn out to be a success as it will mean we can extract more pips from the market.
Happy trading to you all!
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:
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.
I’ve got a nice freebie for you guys (and gals). I’ve got a way you can get a free copy of the new Forex Demolition forex robot that is due to be launched soon. I spoke with the developers and they’re looking for beta testers, so I figured some of you may be interested in putting this forex robot through it’s paces sort of speak.
All you have to do is agree to trade the robot on a modest live account (or if you want demo) and give a testimonial for their sales page – of course this is only if you’re satisfied with the performance of their product. In exchange you get a full copy of the forex demolition forex robot.
If you’re interested I’d recommend you quickly fire off an e-mail to the forex demolition support crew with the subject “sign me in for the beta tester program” in the subject line.
UPDATE: All available beta tester spots have been filled. If any open up I’ll let you all know!
Hurry though cause there are only max 5 to 10 spots available!