Automatic Forex Crusher Review

The Forex Crusher is the new EA from Paul Walker. The website itself contains traditional generic hype without any real results and backtests. So lets go straight to the robot testing itself.

System works on EURUSD H4. The Forex Crusher long term backtest results looks bad with many programming errors in the log:

We tried to backtest it in 3 different brokers and all of them showed log errors such as Order Send Error, Order Modify error etc. I would not trust the EA where the vendor did not bother to check his product carefully. Obviously he does not trade with it.

Check the updates of review on Forex-Tester.com

Euro Blaster Review

We have got in contact with the developer of Euro Blaster however he was not very friendly and refused to send us a copy of his EA for the review. That is often a warning sign - if the robot is really good vendors are always willing to show it to our readers.

However I can't say that this robot is a piece of crap. According to the backtest it really made some good gains in 2008 however if you run it long-term the SL eats all the profits.

The Euro Blaster long term backtest results looks bad:

The system works on EURUSD M5. They provide 3 presets. However if you compare TakeProfit=25 and StopLoss=350; it is clear that one wrong trade eats all the profits in a long run.

Check the updates of review on Forex-Tester.com

Forex Transformer Review

Here is my review of the new EA from Paul Liburd with a funny name "Forex Transformer". I like "Transformers" movies however I have no idea what transfrormers have to do with this expert advisor. Maybe the creator was inspired by the "Terminator EA". I guess next time they will release SpiderMan Robot followed by X-Man Trader lol.

Anyways, Forex Transformer EA works on EURUSD M15. It is based on the number of indicators such as iSAR etc. The only parameter you can change here is trailing stop value. That's really weird - you can't even set the proper MoneyManagement!

The Forex Transformer backtest results looks strange - Backtest in 2009 looks bad:

I tested the robot in Alpari and Fxdd and did not get any good results.

Check the updates of review on Forex-Tester.com

Forex Conqueror Review

Brad Cullen released a new Robot called Forex Conqueror recently. Forex Conqueror Expert Advisor trades the EURUSD pair on the M15 timeframe. The Backtest for 2003-2009 looks promising.

After the order you will get a OTO offer for The Forex Conqueror Plus which trades on USDJPY M15. This second robot is a piece of crap - don't even think of buying it! Backtest shows total loss for this robot. I tried both Alpari and FXDD to make backtest.

Here is the Forex Conqueror backtest:

The main robot looks promising. I will report later with more trading results!

Check the updates of review on Forex-Tester.com

Forex Magic Machine

The forex magic machine is a new product from the creators of the following projects: forexdominion.com forexkingpin.com semiautoforex.com theforexfantasy.com theforexlegacy.com theforexmaestro.com theforexmiracle.com theforexterminator.com - most of them does not work at all as you can read from my old reviews.

However this Magic Machine strategy is not bad at all. The strategy is based on plenty of standard indicators such as Stochastic, RSI, MA, SAR, BearsPower, BullsPower, ADX, MACD etc. and works on EURUSD H1.

The Forex Magic Machine backtest results look promising only in 2006-2009:

The main problem here is that it is not an original EA. As one of my readers reported: The strategy itself is a clone of a free EA called VForce:

For 200 bucks, they sell you the 'original version' which is v1.1 of the 'vforce like ea' downloadable here:
http://www.tradingsystemforex.com/expert-advisors-backtesting/1086-vforce-like-ea.html
For another 200 bucks, they sell you the 'advanced version' which is v2.0 of the 'vforce like EA' downloadable in the same thread as above.

The vforce ea has a 'modify order 130' issue cause by the ATR trailing stop and, of course, the magic machine has this as well. Backtests are literally the same. No improvements or modifications. Same ea.

So guys, be careful!

Check the updates of review on Forex-Tester.com