Forex Robot Reviews

4 Horsemen EA Review And Discussion

4 Horsemen is a new forex EA by McLean Van Cleve being sold for $97 on Clickbank. It comes with a no questions asked 60 day money back guarantee. I don’t know much about this McLean character as he seems to be new to the industry in terms of products. Or it could just be a fake marketing name like we’re used to, regardless let’s take a look at whats being offered here.

They have a interesting possible typo on their sales page. They talk about their new revolutionary “POV” technology that is the combination of powerful indicators. Then below they say “So Just What is TOV?” So is it POV or TOV?

4 horsemen forex

Results

They have one demo account running since December 18th that has a gain of 31% and drawdown of just 2%. While decent numbers, its still just a demo and such a short test.

Strategy

Trades the EURUSD with an average win of 10 pips. The vendor started on a $10,000 account trading 1.0 lots with a few trades as high as 2.5 lots.

Remember if you are going to try 4 Horsemen EA that you fully understand how the system works before running it live. I always recommend to use your refund period to test it thoroughly for at least a month. If your results are above satisfaction, then and only then should you consider taking steps to trade it live with your hard earned money. Just because a website says their system will make $xx,xxx a month doesn’t mean it’s going to. So if you are not satisfied, do not hesitate to request your money back. If you are interested in more information on this forex product then check out the link or any comments below.

If real user reviews of 4 Horsemen EA are what you are looking for, then check the comments below. They are real customer experiences with this product. If there are no comments, then be sure to come back frequently and check for updates as our review and discussion of this product continues to grow.

If you have experience with 4Horsemen or know something people might find important please feel free to share in a comment below. It may help someone save or make a lot of money so don’t hold back. Because of the influx in forex robots and forex systems being released right now, our reviewing as been slowed but our user comments have not. Make yourself at home and write a comment, or ask a question for the community to discuss. You will be surprised the information and knowledge you may unveil.

If you want to submit a forex trading product or broker that is not listed on our site, please use the Submit A Forex System form or Submit Your Own Articles. There are many private and underground forex robots and systems out there they I just don’t have the time to look for. So if you know of any, or a place to find them please feel free to share and I will make a post about it for the community to discuss.

Ok guys lets get the ball rolling, here at ForexFBI we encourage our visitors to discuss your 4 Horsemen EA experiences, strategies, thoughts, whatever…

4 Horsemen EA Rating

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1 Comment
  • Martin - Posts: 1
    January 22, 2013
    Reply #1

    I looked into it and the strategy seems to be mean-reverting, which works nicely in higher frequencies on FX. This guy however does basically a simple martingale on it and keeps adding positions if the price is moving in the wrong direction. Then he waits until he’s able to close each position with about zero profit, no matter how long it takes. He sets some generous stoploss, but does not have a reasonable way of dealing with a trending market.
    Results in the demo account, with almost perfect statistics therefore seem only as lucky period for his EA. On which he chose to base his sale.
    There is a backtest going more into the past attached in his profile and it is obviously far worse. Still relatively nicely profitable, but I suggest looking at how trading costs really affect the strategy, I have not taken a look at this.
    BTW it would be nice if he extended this strategy to other currency pairs, uncorrelated diversification could do it a lot of good.

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