Review of the Forex Overdrive EA
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page | |||||
| Forex Overdrive | EURUSD / GBPUSD | M5 | Unsure but very high risk:reward ratio. | Yes | Automatic | 25 | 320 | Forex Overdrive | |||||
Update (October twenty-ninth, 2010): As you can tell super speed has done well since very first placing it up, however it has observed some extreme drawdowns at times. If you are going to test this one, I would suggest using a big beginning funds and maybe actually consider pulling out profits every couple of weeks or so. Simply some thing to think about. General it's shown to be among the finest much more lucrative methods available although.
Permit
Forex Overdrive can be bought through clickbank . com with regard to $97 and appears to focus on unlimited accounts.
Strategy
Forex Overdrive offers some an extremely high-risk in order to incentive percentage, with a 330~ stop loss, you'll have to win 15 trades for each loss it requires. Allows wish it has some damn great entry calculations!
Recommended Brokers
FX Open up is a good broker for running Forex Over Drive by using it's restricted spreads on EURUSD as well as GBPUSD and excellent delivery period. Lord understands this particular EA needs it!
Conclusion
Their site appears good, support seems to be human and active, but I really wear'capital t like the danger to incentive ratio. I will turn it on it's program on the account and find out how it will. Whether it exhibits any type of potential perhaps I'll try to look for build some optimized settings for Forex Overdrive. Stay tuned in with regard to improvements on this.
Update(Oct twenty-ninth, this year): I am right now working on a few seo'ed configurations to try to close the gap between your risk:incentive ratio.
Safe To Buy?
YES!
Forex Overdrive has been authorized for sale only because of this's 2 month with no hassle reimbursement plan via Clickbank . com. I would NOT suggest running this on a reside accounts at this time although.
Source :
http://www.forexfbi.com
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