Forex Dynasty – A Closer Look
Posted on 25. Apr, 2010 by Jakob in EA, Preview, Random Noise
Forex Dynasty is a new expert advisor which trades the EUR/CHF on the 30 minute timeframe, and is sold for $97 through Clickbank (which gives you a refund guarantee of 60 days). As you all know, expert advisors is not my cup of tea, but the creator of Forex Dynasty agreed to send me a free copy so I could try it out. I have had it running on a demo account for some time now and so far it has only activated one trade, which was a winner. It has a default profit target of 25 pips and a default stop loss of 65 pips. A bad risk:reward, so there is a need for a high winning percentage in order to make it profitable. I will be running Forex Dynasty on a demo account in the next couple of month to see how it performs. In addition to the expert advisor, you get an eBook when you buy Forex Dynasty. At first I thought this was a short manual with instruction on how to setup Forex Dynasty, but this is actually a pretty good book on forex trading, with basic stuff as well as specific trading strategies. Although I somehow feel that it´s a bit weird to add this to an expert advisor, I was pleasantly surprised. In my mind, the book is worth more than the EA. Although I don’t really play around with EA´s, I decided to give this one a look, as the creator has no problem sending me a version to try it out. Anyhow, I will keep you updated on the progress of Forex Dynasty.
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