Breaking News

Crisis Killer

crisis killer top

Today I’m reviewing crisis killer, a new Forex robot that is starting to gain a lot of attention so I feel it necessary to provide an honest review. The release date for this product is Tuesday, July 9 at 9 AM Eastern and the software will cost $40.

Contents

How Crisis Killer Works

crisis killerThis is an automated Forex robot so all the trading will be completely done by the software. At this point in time the system looks to trade two pairs actively, gpbusd and usdcad.

At this point in time they claim they have proof of live account trading, proof of withdrawal with letters and signatures to verify their existence. This information will make itself more available over the next few days before the system is released. During this time I will add this information to this review to provide you with the details you need.

Crisis Killer Video

My mic sounds a little bit messed up here, I’ll fix it moving forward, sorry guys.

As you can see in the video I give you a brief overview of what we know so far. I am very excited to learn more about this system and if this Forex robot truly deserves all the hype that it is getting.

Jonny’s Testing

Follow along with Jonny’s test results as he puts in $600 to see if crisis killer is truly a contender. 

Jonny is a trusted Forex Robot Nation member and I thank him for providing us with this test.

Crisis Killer Conclusion

At this point in time I do not recommend the crisis killer Forex robot. As more information comes to light will be able to provide a stronger analysis but at this point is very little information about the system and how it works.

If you have something you would like to contribute please feel free to leave a comment below the post, I appreciate your thoughts and opinions.

Crisis Killer

 

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

96 comments

  1. Anyone with accounts that got wiped out or virtually wiped out give me the myfx charts to start with showing this

  2. It may just be time to take on the big boys with all this false advertising about what a EA can do! with no warning on account size or actually blatantly saying it works better on smaller account and then saying no it works better with larger accounts. If this is allowed its time to lobby a for a law on advertising claims for Robot EA’s, to include how it was tested, account sizes tested with, time in testing, proof of results. more strict guidelines may just be the thing needed here and shutdown the cowboys and leave the responsible EA in the market ! anyone have any thoughts on this and how we can get together for a project to lobby this let me hear it. It shouldn’t be up to the end buyers to trial the software with real money to see if it works. Sites like this can then have accredit status to list the EA’s or even be the the moderators giving some real guidance and customer focus and safety. This is like the wild west I think its time for a change but a good one!!

  3. OK, its official this DOES NOT WORK !!! its just blown my account dangerous advertising to people!! I deposited $1000 on 18 July 2013 and it now the 25th July 2013 one week and its blown my account of $1000 or actually pounds which is more! down to £62 im at a loss what to say in shock really didn’t think this could happen… it clearly does not work on these kind of balances maybe if we all had $100 000 as he did we would still be in, but we dont and if we did i doubt we would gamble on this many more safe ways to invest such a sum of cash with great returns. Be warned my pain and loss will be your saving.. O boy wish i waited for Jonny to test .. Jonny if you let me know how to publish the chart on myfxbook i will so people can see for themselves. buy the way when it does blow the last £62 in my account it wont borrow from the broker will it and get me into more debt?

    • No. That is what margin call is for. When you run out of free margin, your broker will just close all trades. Usually at 100% to 80% margin percentage level. Some brokers will even let it go to 50%. But you won’t go negative and owe broker money.

  4. Ya, he will not let you have a demo version of the EA.

  5. It’s not a bad trading concept but problem is like you said and we all noticed; we need a huge balance to trade this with. And it cannot possibly trade two pairs on a pitiful $500 balance NO MATTER WHAT!!! Other people bragging about tripling their balance all went bust this week!!! That’s why they have all shut up.

  6. Yes, this is looking really bad. none of the last couple of trades have stopped out yet! but they took my $1000 investment down to $200 and less and some points! Seeing a swing back today and back into $700 please let this work and come all the way back. Having put alot of hope in this Ive really been sweating this

    • Yes, please let this work 🙂

      I’ve put my last hope (so far – I guess I’ll receive new hope soon) in it.

      From what I saw of the crisis killer graphs out there is that it did a pretty good job in the first part of the month, but yesterday and the day before something went really wrong. Well there was a bigger market movement, but this happens with all EAs, lol.

      And we all know that the markets go back in the other direction again, so I think everything is still ok.

      • forexrobotnation

        I wouldn’t be investing any real money in this system until it has a proven track record of at the very least a few months.

        • Good point. But we did.

          Was it just the best scam marketing ever? I do not think so. It worked better than a lot of other EAs out there so far (not yesterday..)

          • forexrobotnation

            Good marketing is good marketing. A scam is only a scam if people allow themselves to be scammed. I always wait to see what happens before making my decision. Nobody said you have to be first.

          • Yes you are right, nobody said that I (or we) have to be first to try this out…

            Ok then the question is to be scammed or not to be scammed 😀

          • People overuse the word SCAM. I hate that with passion. This is outrageously reckless and total price action driven but I would not call it scam at all. Forex Hacked is not a scam either. It just is a rapid redkless multiplying lot size price action EA that can only be used on a sizeable account. I would say a good $10,000 continual base trading size trading just one pair.

          • So Im planning on shutting this down, its reckless with peoples money and ive found some real contradictions in the advertising with Crisis killer with regard to account size. so if your money got blown with a smaller account size im Putting a group of people together are you in?

    • The problem is, it needs at least $5,000 to trade comfortably. Prices will go back and forth and that’s where Crisis Killer will make money. But your account must be able to withstand the constant trade opening up at multiplicative lot sizes. It does not care whether you have enough margin. It will open up as long as you do have margin and as long as grid spacing allows it. GBPUSD is out. USDCAD is a better pair to try this on. Try to get your balance to $2,000 asap and never touch it. Change default lot opening to .01. Not .02 or higher. No matter what your balance grow to, default lot size must be .01. Do not trade GBPUSD. Outrageous daily swings will give you margin calls at least once a day if you are unlucky. But it will work if you have a big enough balance.

      • Maybe it worked before with $ 100 but
        According to the news is the new v1.3 version, it takes an average of $ 5k per pair to trade safely. It added to the list of EURCHF couples v1.3 saying it is capable of negotiating. Of the three, USDCAD has the best performance while GBPUSD is the safest

    • Click off your EA until all trades close. Then when it does, trade USDCAD only. It has less daily movement than GBPUSD and margin is cheaper as well. I should have thought twice about putting it on GBPUSD. Live and learn. Now, gonna test on USDCAD and will be depositing more money next week after seeing how it does on USDCAD this week. If it does not go well, I may just put the remaining balance to trade using Forex Hacked Pro instead.

      • Thanks again for all advice. If I turn off the EA ( do i do that by clicking the Expert adviser button off) will it still manage the trades i have open? then when they have closed on TP or SL open again and take the EA off the GBPUSD?

        • Ya, this is why a DEMO account is mandatory. Try demoing Forex Steam or if you are brave, Forex Hacked Pro. I am running both on my FinFX ECN account on one account. With whatever CK left behind on my FXChoice test account, I will run Forex Hacked Pro so that you can see and make up your mind about it. Bookmark it I think Patrick may delete the failed Crisis Killer myfxbook link. It is now running Forex Hacked Pro on USDJPY so that you can see it. OK?

      • Jonny, whats an ECN account? im using GKFX MT4 is this different. I find it hard to use and clunky. Do you know of any MT4 platforms that are user friendly and can do things like take prophet at a certain level, trail a stop at a certain level etc so it can be more automated? new to all this and really trying to learn with out to many mistakes

  7. If the gung ho people are no longer posting or bragging about doubling and tripling their account in a week, we can assume they all went bust … margin called!!! Tripling something means nothing if it all disappears the next week.

  8. What the hell was wrong yesterday (monday) and today? I hope it will be a better day tomorrow. I have nearly the same graph as shown above and I am fucked with it. I did not just put money in there but a lot of hope too.

    As what I know there must be more profits in the following days.

    But did you read that crisiskiller should work with 100 USD too? Well I doubt that but yeah when it trades with much lower amounts, it can work, sure.

    I want to see that (the equity :D) going up again tomorrow and the next days. At least to get my full investment back. OMG, hell.

    But I still think it is not usual scam or something.

    Did you test Blessing 3?

    What is about the “forox robot testing” statistics? Is this real money?

    Would you borrow me investment money and give me an EA that really works? 😉
    I am really in need of making money for my life, paying some debts and stuff.

    The hell. Why did things go that bad today? Oh yes the market. It is always right.

    • No way it can work with $100. This needs a minimum of $2,000 to trade soundly. Ideally $5,000 and doing only one pair. And starting off lot size must be .01. NOT .02 default setting. And do not trade two pairs.

      • Why don’t they tell on their webpage? Too bad.

        What is about the “forox robot testing” statistics? Is this real money?

        Would you borrow me investment money and give me an EA that really works? 😉
        I am really in need of making money for my life, paying some debts and stuff.

        • forexrobotnation

          Shouldn’t invest when you are in debt Amunet. Trading is for people who have money to risk.

        • This is not for people who need money or cannot afford to lose couple thousand dollars here and there while waiting to see this work. Once I see this work and see how it functions, I will feel more comfortable in making a decision on this. It trades rapidly so you must withdraw money rapidly as well. But I would say you need at least $5,000 and ideally $10,000 to trade this comfortably. The vendor had $100,000 to trade with. And that was not scam, he really deposited that money and traded it to double it in 2 months. If we all had disposable $100,000 to trade with, we would all be wealthy overnight.

          • I had the 500$ to test the system even if it would go bust, however I luckily deposited more to the account prior to that and was able to gain back over half those gains. I deposited 15K to my account that came up in time to save the gains. I was able to save half of the gains from the 500$ account. I was however reckless in over leveraging the 500$ account initially and have adjusted to Jonny’s recommendations. I have since opened an ECN account and moved over 5K to test the Forex Steam Light. I plan on making another ECN account and moving another 5K to test the Forex Steam regular account once I see how the Crisis Killer works.

          • Ya, Forex Steam is a steady albeit boring and slow… but it is steady equity increasing machine. Crisis Killer is crap. Even if you have $100,000 to trade. Margin Call could be just 200 pips away if you are trading GBPUSD because CK opens up trades constantly as long as you have margin available and as long as grid movement you set is met. Then when the last position it opened gets margin call, forget it. Your broker will start closing trades one by one. That is what happened to me and to most people.

          • I currently am running 5K on Forex steam light 6.5 and 3K on Forex Steam regular and the rest on Crisis killer only GPUSD. Crisis Killer is really nice on a sideways volatile movement.

          • I have a live test acct on fx choice ltd. It is the account you see above for Crisis Killer. It is running on USDJPY so you can tell. I am running it on USDJPY as well on my actual acct on FinFX. That acct is a little over $23,000 in equity currently. I do not have that acct on any stat page. You can watch my fxchoice acct & see how it performs. I have .01 default. All 3 strategies. Grid at 30. Multiplier at 1.6. TP at 20. Only on USDJPY.

          • I just purchased this and want to try it out, the terminology you used seems to be a little different and I want to clarify. Does Grid = PipStarter? Multiplier = Booster?

            Thanks,

            Dat

          • Ya, that is correct using Hacked terminology! Be sure to demo it for a week to get used to its action & decide if you will close all floaters once a week or once a month. I also shut off EA Fridays. Have fun. Hacked can be crazy but not if you monitor it & have a plan of action if you see drawdown.

          • Dat, once you have another $10,000 live account available, you may consider trying Forex Hacked Pro trading USDJPY only at .01 default starting size. It is working well for me but it needs your attention once a week to make sure you manually manage the drawdown. You should either click off EA and wait it out or just decide to close out all floaters once a week or once a month. Withdraw your profits, and go at it again with your chosen base trading balance. I am using $20,000 as my base balance.

          • Can you send me a link for your live statements on Forex Hacked Pro? I have been searching for another EA to try. Currently I have set up 3 accounts, 2 ECN and the 1 Crisis Killer. I have been studying the trades on Crisis Killer and it is nice in a choppy trading environment, but when it starts moving in 1 direction that is against the trend direction it starts looking scary. Thats basically what happened on Tuesday. I am glad I was able to salvage half the gains from last week. I have total 15K to trade. What kind of gains are you getting with FHP?

          • I have a live test acct on fx choice ltd. It is the account you see above for Crisis Killer. It is running on USDJPY so you can tell. I am running it on USDJPY as well on my actual acct on FinFX. That acct is a little over $23,000 in equity currently. I do not have that acct on any stat page. You can watch my fxchoice acct & see how it performs. I have .01 default. All 3 strategies. Grid at 30. Multiplier at 1.6. TP at 20. Only on USDJPY.

          • So Im planning on shutting this down, its reckless with peoples money and ive found some real contradictions in the advertising with Crisis killer with regard to account size. so if your money got blown with a smaller account size im Putting a group of people together are you in? let me know

  9. GBPUSD shot up 200+ pips & it triggered a margin call as you can see. Closing out 2 positions. Crisis Killer needs at least $5,000 acct per pair and at .01 lot sizing set.

    • Peut-etre qu’avant il fonctionnait avec $100 mais,
      Selon les nouvelles c’est la nouvelle version v1.3, il faut en moyenne $5k par paire pour commercer en toute sécurité. Il ont ajouté EURCHF à la liste des couples du v1.3 disant qu’il est capable de négociation sur. Sur les trois, USDCAD a le meilleur rendement tout GBPUSD est la plus sûre

    • Maybe it worked before with $ 100 but
      According to the news is the new v1.3 version, it takes an average of $ 5k per pair to trade safely. It added to the list of EURCHF couples v1.3 saying it is capable of negotiating. Of the three, USDCAD has the best performance while GBPUSD is the safest

  10. Found another guy running MyFXBook on his real account running Crisis Killer. http://www.myfxbook.com/members/miskolci/crisis-killer/637503

  11. Both on this guy’s account and mine, look at RISK OF RUIN and the daily and monthly ROI projections. That’s the most important here. Drawdown not so much since we really cannot control it.

  12. Robotnation come on get on board here make contact with the crisiskiller and ask some questions please

  13. Hi Jonny, you have been a sound voice here so good to hear your going to test. Ive taken the risk to as just so curious if this will make me some cash and i had already bought it. Question though are you supposed to leave this running all the time all shut down at weekends or important days when major financial news is breaking? also do you need to leave your computer on for the crisiskiller to run or can i shut down? the one worrying thing here as ive found out the owner does not respond to any questions is that normal with these robots?

    • The “owner” is none other than the guys who created ForexAutoPilot and FAPTurbo and all other variants. I fail to understand why these guys always hide. It lacks integrity and honesty. But not here to judge anyone’s integrity if this thing doubles money every 1-2 months. Just leave what you can afford to lose as base balance and keep withdrawing money. Let’s first see if it can actually double the equity/balance in a month or two first. If it can do that, then I’ll use it as such. Just a reckless Martingale money doubling EA that can go bust anytime but that can also double your balance every two months. A double edged sword. No more risky than trading futures or commodities or stock options since I trade those as well. I did manage to have 12 straight winning stock options trades this past week but everything is relative and a risk. Just change the default starting lot size to .01 and only trade GPBUSD!!!

      • looking here, it shows FAPTurbo as running for 384 days and only made 13.59 % so if its the same maker then they have either come up with a much better version with CrisisKiller or its all hype, just wish they could be more transparent with robot. so let keep hoping this has potential to double are cash. Do you use any other programs for trading that you know first hand work well, that you don’t mind sharing here?

        • I have my own EA, ForexSteam, ForexHacked Pro, and testing CrisisKiller. That’s it for forex. You can call that my curious hobby. My main trading is stock options trading on OptionsXpress broker.

          • Whats the performance Like for the Forex steam on your own use? would you back it? ForexHacked you said was not for me, hows it been for you?

          • I run ForexSteam on FinFX ECN Pro account. It is a very steady equity grower. ForexHacked Pro is OK as well but it is for bigger accounts. It just immediately opens up BUY and SELL and just keeps opening trades according to your specified grid spacing. It trades without a SL. So a big account is a must.

      • Maybe they hide to protect their privacy!? It is not unrisky to develop an EA and everyone knows your real name and address, lol.

        I heard a lot of good about FAPTurbo, so where is the point? If crisiskiller is from the same people it has to be good too or better.

        • You can hide behind a corporate name. That is not what I am referring to. They hid the fact that they themselves created it, backed it, and marketed it. and are providing support for it. Why hide at all? I only found out when I saw the support email coming my way.

          • When the support emails shows it, it is not hidden.

            Well. You can see FAPTurbo installed in the modified MetaTrader4, so it is pretty clear that they have something to do with them.

          • Wrong. They have hidden themselves completely throughout the marketing campaign. I think the support email was a bumbling mistake frankly. They probably meant to hide that as well.

      • Hi Jonny, can you tell me how you know The “owner” is none other than the guys who created ForexAutoPilot and FAPTurbo and all other variants? where can i find that information?

  14. I have over tripled my account as of last Friday.
    http://aznboi319.mt4live.com/

    • Looks pretty good. Need to check your math though. 500-1100 with 100 in draw down isn’t triple.

      • uhm.. from 500 to 1500 isn’t tripling? 500 x 3 is 1500 right?

        • forexrobotnation

          Depends how you look at it. Either way I appreciate the testing thus far.

        • Ya, good to see you are really risking a lot there but the account is still too small to trade both GBPUSD and USDCAD and especially at default starting lot of .02. And most diehard traders and investors never count their initial deposit or investment as part of the return. That’s why. I hope you withdraw money as you go. Thanks for your live trading update!!!

  15. I couldn’t wait for anyone else to put up a real live testing account that is fully verified. So I put it up. I hate testing anyone on a live account blind but we have no choice. I put $600 in to test the Forex Steam V7 but I will let it run on Crisis Killer instead whether it goes bust or not. I will keep running it. Only way to see performance of it. Let’s see what it does in a month, 2 months, 3 months, and further out. https://www.myfxbook.com/portfolio/myfxchoice-real-test/641603

    • forexrobotnation

      Thank you Jonny. I have added your results to our review and look forward to following your progress.

      • Well, Patrick, let’s see how it goes. If we are lucky, we may have found an active price action EA that can double people’s accounts in 1-2 months. If that is the case, then the obvious strategy is to use money you can afford to lose as a base balance then just withdraw every earnings every month like clockwork.

    • Hi Jonny, you have been a sound voice here so good to hear your going to test. Ive taken the risk to as just so curious if this will make me some cash and i had already bought it. Question though are you supposed to leave this running all the time all shut down at weekends or important days when major financial news is breaking? also do you need to leave your computer on for the crisiskiller to run or can i shut down? the one worrying thing here as ive found out the owner does not respond to any questions is that normal with these robots?

      • Well, this clearly is a pure price action grid trader. So there is minimal algorithm in there directing this. So ya, leave it on all the time. But this simply cannot trade more than one pair at a time. So only trade GBPUSD and set the default lot size to .01 not .02 default. I think the best base balance might be at least $5,000 so I will either keep depositing more money gradually or let it run and see how the equity/balance builds up. It can still go bust margin call.

      • If you shut down your computer, EA does not run. MT4 has to be up and running all the time. I use a VPS from BeeksFX.

  16. Be good if you can give daily/weekly updates see if this really works!

  17. I also don’t trust people who scream scam without reason. But I appreciate people who tell the truth to people considering buying it. You can only use it on FXChoice. And it only trades GBPUSD and USDCAD. They are not the best or the recommended. You can only trade those pairs. And few days results mean very little. Look at performance of Forex Steam for example. Also Crisis Killer’s equity curve does not give most traders any level of confidence. Most importantly, the parameter control is grossly lacking.

    • you could probably test it on other brokers? if you install the fxchoise you can get the mt4 files from the folders it lives in, probably the .ex4 in the experts folder and a .dll in the libraries folder. I’ll try it tonight

      • Ya, maybe. If he did not put a code in there that prevents other brokers. You still have to download MyFXChoice’s MT4 and copy out all the necessary files and export them to your broker’s MT4 folders. And it will still only run on live account. Let us know.

  18. Live testing in 3 days has doubled my account of 500$.

    • Can you share more on this? over the days weeks. any way of confirming that?

      • Here is a current screenshot:

        • I see one day of trading here, where are the other two?

          • This is just whats on my Login screen for the account as of a few minutes ago. I’m not sure how to generate a full list of trades taken.

          • Connect MT4 to a statement sharing service like mt4live or mt4i

          • Will do, I’ll let you guys see the complete statement when I get home from work.

          • Will be good to see all trades showing profit doubled. Are you not worried about Jonny comments on no control of it opening to many trades and wiping out your account?

          • hey jonny has made some vauluable comments here. do you think you can contact the vendor and get some specifics on its risk management, with regards to the things Jonny says, ie opening multiple trades and potentially wiping out your account. When are you going to get the system yourself to try out? think its only $34

          • Ya, but I don’t think anyone should DEMO or TEST it out using real money. Vendor should hand out demo accounts to paid members. He is NOT doing it. I think he only wants to make commissions off of your trades.

          • I had a LIVE account at MyFXChoice for testing purposes. And I was going to test Forex Steam V7. But I am going to test Crisis Killer on it instead. So I set this up and managed to get it verified on MyFXBook which always annoys me but statistical analysis can’t be beat on MyFXBook. So here is my real live testing account of Crisis Killer. I initially deposited $600 to start. You will see early Forex Steam 6.5 testing on it. http://www.myfxbook.com/members/jonnyrich007/mt4-23091/641603/Ham1nAgznnxeIh9CAHST

    • I am not clear on where your account was doubled. The listed transactions make it seem like you made additional deposit. Where is the transactions that doubled your account?

  19. You can’t trust the vendor either since he offers no demo ability of his EA. And you can only run it on MyFXChoice using his link to sign up for the account. This is a very strong multiplicative lot size opener. It can only wipe your account. And as you saw, you have zero control over the lot sizing except for the initial lot size which defaults at .02 lots. And it uses grid spacing to open up more trades and place in a basket associated with the original .02 position.

    • Hi Jonny Thanks for your post. Can you explain that to me as im completely new to Forex and dont understand the multiplicative lot size, what does that mean and how can it wipe out your account? can you change anythng on this EA as saw the stop loss is 250 isnt that high? can you tell me your experience leval as im trying to find some sound advice… Many Thanks budcative lot size opener

      • I do not like Crisis Killer and its vendor for several reasons. First of all, there is no demo version of his EA; not even for his paid members. No demo is a horrible idea. You can only test on live acct on live money without knowing how trades will trigger? Bad idea. Also, we have no control over how the lot sizes multiply from the default size of .02. I guess you can set it to .01 but .01 generally do not multiply well even if the lots are rounded up. Therefore I assume default lot size is .02. We have no control over the multiplication factor as you do in let’s say Forex Hacked where you have total 100% control over every parameter. Crisis Killer gives you no control except default lot size. Grid spacing is trivial. TP and SL is trivial as well. Also, we have no control over how many trades open up. This type of EA may and could open up until your margin is completely exhausted then just two trades going south on you can trigger a complete margin call. Vendor does not tell you how many trades it opens up either. He does not know because it is grid space dependent. If your account is big like $100,000 I assume it can even open up 40 trades concurrently if price moves enough from default lot opening. Doubling your account recklessly does not appeal to me whatsoever.

        • Jonny thanks again for really good comments, as i said im completley new to all this. I did take a look at you comments on FForex Hacked and Forexsteam. looked them up they sound reallly good do you have a preference on one, do these things really work jonny?

          • Google “myfxbook crisis killer” Someone on Donna Forex forum put up a link to his myfxbook account running Crisis Killer.

          • Well it looks good! but not verified what do you think?

          • Even if it is not verified, they cannot tamper with it so we can at least look at the trades it opens up and see how it handles drawdown. I noticed that he made default lot size to .01 and next multiplier is .02 then .03. So I guess Crisis Killer can manage a smaller account but few days is not enough. It may still crash in a severe breakout.

          • how do the other 2 differ from this? the forex steam, or the forex hacked? do they have risk management built in for this? have you used any of them? if so would you which one would you say is the best?

          • Forex Hacked is a straight grid price action Martingale EA. It just opens up BUY/SELL immediately and then just keeps opening up bigger and bigger lots on grid price movement. It ruined many people’s accounts if you read the forum postings. Forex Steam seems to be the best and the safest. Very modest trading that only trades when algorithm triggers a trade. I would say Forex Steam. But I like to test things out then make up my mind. Forex Hacked definitely is NOT an EA for anyone, beginner or expert alike.

          • And also, MyFXBook has no parameter to control the publishing like MT4i or MT4Live do. Also, it is often very difficult to get your accounts fully verified on their system. It is hit or miss. I have had times when I could not get my account verified on their system. It was impossible. They would not accept the investor password or anything I tried to get verified. So not verified state is really not a sign of anything crooked going on at all. Another problem with MyFXBook… it publishes the entire history of your account. From beginning to end. So if the person did manual trading on it, used 10 different EAs on it and he had the account for 5 years, it will publish every single transaction for 5 years. Makes it very difficult to track one EA or one trading strategy. MT4i has a ton of parameters in their EA that makes publishing a pleasure.

          • Just look at the equity curve and earnings curve of Forex Steam. That is how one should earn a steady profit. Not like the curve of Crisis Killer or Forex Hacked.

  20. I’m on it, just have to get the software to start testing! 🙂

    • Great your going to do a real test! When do you think you will start so we can get a real review? Also just looking at the EA and it seems to have a stop loss of 250 is that a bit high and how would that be managed? I wont fund my account until I see a real review from a trusted site “forexrobotnation” !!!

      • 250 is very high. How much is the take profit?

        • Default is 45 on both GBPUSD and USDCAD. Grid is 21 or so. So I assume it operates much like Forex Hacked. Once one trade is triggered, from then on it is 100% grid price movement dependent. If it goes against you by 21 pips, it opens another buy at double or triple default lot size and so on. The thing is we have no control over the multiplication parameter and don’t know how many basket trades it will eventually open up. As you know, this type of EA can and will continually open up trades until your margin is gone. Then margin call is just one bad trade away.

  21. Surprise surprise. This is also from FAP guys. Why they always have the need to hide is beyond me. And it is a severe multiplicative lot opening system. Do not bother.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download My Free Robot

Get your Robot Now!






Free Robot!