Forexcapt is a new automated trading Forex expert advisor that claims to provide over 90% of winning trades. This software looks at the trend direction for the next two days and opens orders based on that direction in combination with indicators and math calculations.
Today I’ll be providing a review on this new Forex robot and telling the community here if it has the potential to make us some real money.
The ForexCapt software can work with all currency pairs but the developers of the system provides settings for the EURUSD, USDJPY and GBPJPY. Considering they are only providing settings for these pairs I recommend that if you use this software that you follow suit. The EA is flexible enough that traders can optimize their own settings for different pairs or improve on the settings they are currently providing.
The developers of the ForexCapt expert advisor have a my FX book account from late June to early November. In this time. We see a gain of over 270% which further $1000 account is a profit of $2700. The open trades for this software are private so we are very unsure of the exact draw down and many of the people I’ve talked to have major concerns about how many open trades there could be.
I’m not going to tell you to avoid the ForexCapt software but I do believe it would be in the best interest of everyone if you don’t rush into anything. If you are interested in this software I suggest taking it slow and watching the community reaction to find out if it is truly performing well. At $233 I don’t think I’m going to purchase the system myself but I will send them an email to see if I can get a copy to put on the Forex robot nation testing table which is currently undergoing some updates.