About me

Forex Tester is new independent and unbiased forex testing service. Main goal of the website is to provide independent investigation and review of all top forex systems and expert advisors available on the market.
Check out fresh reviews and video reviews at our main website Forex-Tester.com

Tuesday, October 21, 2008

Forex Mafioso Review


REVIEW:
Our good reader Brian Watt suggested to backtest the new Forex Mafioso system. One more losing system covered by nice site graphics...

As vendor claims in the manual "This software can run on any pair. But my suggestions are EURUSD, GBPUSD and USD/JPY. the best timeframe is 4Hour". Well, I have tried the system on USD/JPY and EURUSD H4 and failed on both. The balance curve shows slow deposit loss in 2008.

I have no idea what is wrong here but I guess the system does not work.

Take a look yourself: Click to view the backtest image.

So be careful guys!

Read the updates on Forex-Tester.com

Sunday, October 12, 2008

F.A.P.S. Forex Autopilot System Review


REVIEW:
Today I decided to review and share my personal experience with Forex Autopilot trading robot by Marcus Leary to answer main question: is it worth its money or just a new junky product. As you can see I dont promote it with my affiliate links, i just make honest unbiased reviews of most popular forex software avaliable on the market.

I purchased forex autopilot in the end of February. Since that I Have been using it on my live account for 2 months.

First of all I made quick backtest on history to see the performance of Forexautopilot for last year.

I am running it on EuroUsd currency pair on M1 timeframe with the default settings. The testing results look promising. The balance keeps going up. So it made 16362 usd from starting balance 10k.

I was really excided by backtest results and decided to use it on my real account. On 27 of february i deposited 2910 usd using my credit card and attached the Forexautopilot robot to the chart to let it trade. As you can see for the last 2 months it made plenty of trades. Most of them were winners with few losing trades. And my current balance is 11,152 usd. That means that ForexAutopilot tripled my account in just 2 months of trading! Fantastic results!

Check out my video review about F.A.P.S. Forex Autopilot System