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Forex Apocalypse – Preview

Posted on 27. Sep, 2009 by in EA, Preview

Well what a surprise. A new EA has been released, called Forex Apocalypse. Not a day goes by without a new EA release, but this one does look a bit different than the majority. Let’s first cover the basics of Forex Apocalypse. It trades only one currency pair, namely EUR/USD, and it is to be traded on the 30 minute time frame. The back test results looks pretty good and hopefully the forward tests will be just as good. Forex Apocalypse is created by Michael Wright, and on the sales page and their blog, you can find some videos with more information. Of course the sales page is full of outrageous claims. However I still have a better feeling about this EA than many of the other ones out there. When you buy Forex Apocalypse you will get the Forex Apocalypse Expert Advisor file, a user manual explaining how to setup the system, another pdf with a manual Forex Apocalypse trading system, and a bonus report. Forex Apocalypse will automatically adapt to 4- and 5 digit price quotes so you don’t have to worry about this aspect. What I particular like about this EA is that the Risk/Reward ratio is way better than many other EA’s. The standard Take Profit is 500 pips and Stop Loss is 250. Many other robots have a larger stop loss than take profit, which obviously means that the percentage of winning trades needs to be a lot higher. But with Forex Apocalypse this is different. Furthermore, the creator claims that it has had a 100% winning trades for some 14 month. Although I don’t believe that it will have 100% winning trades, it still has potential to do a good job. I have bought it, and I will start testing it on a practice account. Hopefully it will show some good results. If not, then I will have 60 days to get a refund, as this is sold through clickbank.

Check out Forex Apocalypse here.

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  3. Market Club Preview
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One Response to “Forex Apocalypse – Preview”

  1. Petitfeu says:
    October 28, 2009 at 00:50
    Does anyone whether this new software will work with Oanda? Will brokers charge you separate fees to hook your trading account to a automatic trading robot? Thanks!
    COMMENT  

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