EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
Forex Crescendo | GBPUSD, GBPJPY | N/A | Unknown | Yes | Yes | Unknown | Unknown | Website |
Performance (Forex Crescendo Test Results)
The vendor shows a micro account at Alpari UK going from $8000 up to $18,300 from the end of Feb 2010 till late September. Lets see if my results can mimic anything close to that.
License
Pricing and licensing information is still unknown at this time. Most likely $99 via Clickbank.
Forex Crescendo Strategy
Uses a portfolio type approach with a respectable risk:reward ratio so losses aren’t going to wipe out all your profit. Uses an automated money and risk management with a price approximation algorithm. Winning rate is around 75%. The author claims that the average loss should be no more than 5x the average win.
Recommended Brokers
FX Open and Iam FX are 2 brokers to check out for trading forex robots.
Conclusion
This is being pushed by the same marketers that try to shove every other piece of garbage down your throat. Just because the sales page is filled with only results (actually just 1 account result) and then backtests doesn’t mean this is the holy grail system. I will get a copy asap and get some testing done on this.
This EA is being sold by Old Tree Publishing, the same people that sold Forex Auto Cash Robot (The 100% no loss robot) 2 years ago that turned out to be a huge scam, so proceed with caution.
Safe To Buy?
MAYBE!
Has a 60-day money back guarantee with Clickbank.
Forex Crescendo Overall Rating
this EA seems to work as advertised the developer is responsive so far..I have experience on a live account and it does live up to the adverstisment.
Hi Edwin,
How are you doing with your forex crescendo so far? Have you made an overal proftit to this day [10 sept 2011 ].
Regards
Tony