Forex Luger EA Review (ForexLuger Results)

 

EA NameCurrency PairsTimeframeStrategyECN4&5 DigitsTake ProfitStop LossHome Page
Forex LugerEURCHFM5ScalperYesYesUnknownUnknownForex Luger

Performance (Forex Luger Test Results)

Vendors results are all backtests. Very surprising they don’t have atleast a demo forward test running especially considering this is a scalper.

License

$99 through PayDotCom, exact licensing/account limitations are still unknown.

Forex Luger Strategy

Scalps pips on smaller timeframes by taking reversal trades during subtle market times. Looking at their backtest it seems as though it is capable of hanging on to positive trades for more than just a few pips as I am seeing some 20+ pip wins. Risk to reward ratio looks decent.

 

Recommended Brokers

FX Open and Iam FX are 2 brokers to check out for trading forex robots.

 

Conclusion

Do not go live with this without extensive demo testing, even after that becareful as no real results can be found from this system. As we have experienced from scalpers like mega-droid, when it loses it can really hurt. Their backtests show some moderately high drawdowns and these backtests are most likely highly optimized as well. So becareful!

Safe To Buy?

MAYBE!

I don’t have much experience with PayDotCom, but the vendor is claiming to be offering a 60-day money back guarantee.

 

Forex Luger Overall Rating

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