Today I am looking at a new Forex robot that is being dubbed as a sure fire system, the Omega Trend EA.
I am sure you will be getting a few emails about this new software so I will give you all the details in this review now so you know what to expect. The Omega Trend EA trades the GBP/USD pair and provides between 5-10 trades automated on a monthly basis. The robot costs $197 and is being sold on the RegNow payment processor.
Product Tagline: See how professional Forex traders extra 30 pips per trade from the markets.
Omega Trend EA Video
I made a video taking a deeper look at this new Forex robot and giving my impressions so watch it here.
So let me go over some of the details that I discussed in the video now. First, I discussed the strategies, I do like that they have a basic explanation and give us an understanding of how the expert advisor works. The three strategies are trend spotting, strategy diversity and dynamic entries and exits. While these trading principles are basic and aren’t overly detailed I do like that the page is about the product and not about the dream.
Secondly, I took a look at the results and went over them in a little more detail. I did take note of the fact that the EA doesn’t trade often and that recently it’s last 8 trades have all been losers.
They also provided some backtests here which don’t 100% line up with the current results provided but they seem pretty close.
Omega Trend EA Conclusion
So what’s the final verdict? At this point I don’t have a lot of interest in this new software and would like to hear more.
If you have tested this software let me know, the Forex Robot Nation would appreciate your opinion on this.
Keep trading, keep winning.
I am completely unimpressed with the earnings. $2,500 in 6 months on $5,000 deposit not impressive. The comment of earning $27,000 in 2 years equally unimpressive. String of big losing trades also not impressive.