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Posted

Re: Forex Twister claims 95%

 

Kudos to the uploader!

 

Did anyone get a hold of their free manual system? I have been trying to download that since the email came out and it gives a link broken. If anyone has it, can you share it out? I would like to take a look at that and compare it with their EA.

 

thanks!!!

Posted

Re: Forex Twister claims 95%

 

backtests no dramas for me.

 

but its absolute rubbish. adding an extra 0 to TP/SL for 5 digits, it goes at best breakeven.

 

so rubbish i couldnt even be bothered posting up results. dont bother with it.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

Posted

Re: Forex Twister claims 95%

 

EA needs educating will not back test

Downloaded it and backtested on Masterforex-demo without problems with default settings.

 

But the results are very bad.

BT from Jan-01 until Nov-01 2009 with default-settings 0.1 lot.

Starting balance: 2000

Profit: 195.02

 

Average profit per month: 19.50 -----> 0.97 %

 

This is not a good EA.

Compared to what they promise it is a scam.

Posted

Re: Forex Twister claims 95%

 

The RR ratio is terrible.

SL 150 pip, TP only 15 pip? after 10 profitable trades, u only need 1 losing trade to go back to square 1. This means your trade has to be good 91% of the time just to break even!!! :((

 

BTW, for those who manage to test it, did u ever get a trade? I have been running it for 2 days across major pairs w/o getting a single trade...

 

Also the manual indicator trend 1 doesn't seem to work as it never crosses....the red is always on top and blue always on the bottom no matter what time frame.... any ideas?

  • 3 months later...

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