Review of the ForexSTF EA
Launches Tuesday, June 22, 9am EST
EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
ForexSTF | EURUSD with reports of success on other major pairs. | M1 | Unknown | Yes | Yes | 500 | 225 | ForexSTF |
Performance (Forex STF EA Test Results)
License
ForexSTF is being sold through clickbank for $149 with an advanced manual system available for extra.
Strategy
Forex STF is yet another EA claiming to have market adapting technology, I guess we’ll see. The EA is very small in size being only 11kb and I’ve looked through the code and do not see anything special relating to market adapting technology. This is just a very basic EA that trades very rarely. Marketing hype galore!
Recommended Brokers
FX Open and Iam FX are two great brokers for running robots with their tight spreads and great execution time during all hours of the day.
Conclusion
ForexSTF free indicator seems to be very similar to the Forex Ultra Trend indicator…nothing more than trading the ema(40). Nothing special really, hopefully the EA has something special to offer. This one is definitely full of marketing hype as there is no real market adapting technology inside this one. Lets see how it performs on a demo account first though before completely ruling it out.
Safe To Buy?
YES!
Forex STF has been approved for purchase because of its 60 day money back guarantee with Clickbank.
Overall Rating
I use STF standard on a 5 minute chart. Huge trades (only when EURUSD is trending). Hardly any draw down. On 1 min TF you’ll get losers. Advanced version has never traded for me on5 min TF so I don’t use it. I trust this EA 100% but like I said on a 5 minute chart. Won’t trade often because EURUSD isn’t always trending…elementary. What settings? There’s nothing to set except lot sizes and MM.
i got the same runaround.i just want it to live up to his hype.i cant afford to get cleaned out or not have anything happen.if he gets it going for me as advertised then fine ,if not im going to raise hell and itll be everywhere believe me.i hate getting robbed. the test here was good but rare?
@ William A. Major:
You seem to be really upset. But please take it easy and cool down. We are all here to see each other succeed. Is there any area you feel this community can be of great assistance to you?
Both Admin and his new assistant are doing a wonderful job pointing us in the right direction when it comes to using robots; as are other loyal members and frequent contributors on this site.
When it comes to sales and refunds on robots bought through any of those sites– Clickbank, Plimus or Regnow–Admin doesn’t process them. He merely showcases the robots and it is left for individuals to decide if they want them or not. You may need to process your refund through Clickbank if you are unsatisfied with the use of this particular bot. Clickbank is always on the side of the customers. They’ll give you your money back as long as the grace period is not over.
If there is anyway any of us can be of assistance, please let us know. We will be glad to help.
Have a pips-filled day,
Reny.
reny4forex@yahoo.com
I loaded this EA to only XAGUSD and it opened a sell. Does anyone recommend any other pairs?
Try NZDJPY
My broker doesn’t offer that pair for me to trade.
Admin, it may interest you to know that it works wonderfully on NZDJPY and XAGUSD amongst other pays. You could give it a try on the demo account you have running at the moment.
Are you running all these on 1M chart?
When I see the commentaries of ForexFBI about this one I think …ups this it must be the ugly ducky of the robots, but to short time of test already this in 4 place of rating.
When appear in the list, there was in 17th place and with two trading up to 4 place. Long time operations. Low activity from that point of view.
When I enters to the website of this product, I saw so much marketing, that it makes you think about in truth the EA does not do what that says still more and when you see the area of affiliates and the rewards by the sales of the system, in fact makes forget the important thing you, in this case the EA.
With all that, already yet in 4th place of rating.
Yea it’s weird Juan. I’m going to try testing this EA again, as I haven’t had time to since my last post. Anyone else sporting any news about this EA?
Its perfomance is better, doesn’t place trades everyday but a trade iin the week can make up to $800.
I purchased it and tried it on a live account….but it just didnt live up to the hype,in fact it didnt even trade in the two weeks that I tried it..so I got a refund. Now I have received a call from them wanting to enroll me in a $7000.00 course to teach me to trade. I can only imagine it would be just like the EA…more hype no substance.
What’s all this talk about settings? There are no settings. They state that the tp and sl are false to fool the broker. In my experience this ea doesn’t close trades at all. I’ve run it on a 5 minute chart… two trades. 150 pips and 380 pips with hardly any draw down. The STA advanced hasn’t done anything in weeks. Does it need indicators or something? Anyhow I think it’s ok.
I have it running live on EURUSD, NZDJPY and USDJPY all on M1 with good results. I believe these are the best pairs to trade it or possibly more
How many trades are you seeing a day or week with those pairs?
Results not so good until I put EAs on my VPS. 12% growth in 10 days and no losses yeat!!! VPS is best if you want real results guys!
WOAH!!!!! +1400 floating, hmmmm when is it gonna close. This could jump into the top 5 in one trade lol
I’m running this on 22 different currency pairs using my Forex.com demo account. In the first week it has closed 4 profitable trades and has 1 open trade showing a drawdown of 65% of the profits gained so far. Not disastrous, but certainly not spectacular and nothing like the level of trading anticipated after reading the statements on the sales pages.
hi dis EA does not activate trailing stop for me is it like that for anyone? It went to 33 pips and yet trailing stop of 25 was not activated until it got to -210 pips. Just that one trade for the whole week. Any similar experience or am doing somthing wrong?
I stopped demoing this EA. I plan on restarting a new demo with modified settings. Will post any findings up.
Happy pipping!
My refund is on the way . No trades on the robot. They donot show any info on the advanced version – like currency pairs to use. This robot looks like more hype from the robot marketing firms.I donot think this robot will be around very long just another one for the junk yard. You may see it as a makeover by another name in a few months.GET YOUR REFUND NOW AVOID THE RUSH.
i just looked at a demo account i put STF too on my laptop and forgot about it, it made 4 trades last week at the following
-143
+1199
+749
+802
Yea weird, I let it up and running on my VPS and overnight I went from -$400ish to +$3500 on my demo account…odd
http://windsorftw1.mt4stats.com/
I had another demo going with lower risks and it too made a string of positive trades the other day.
I’ll try a few more demos at this point, if it ends up working out i may just have to rebuy the EA 😀
what settings did u have to achieve them results?
can’t remember, I’ll have to dig them up. I think I had it set at 0.15 risk though, I’ll double check and get back to you. What settings did you have going for the above results? Should be interesting to compare 😀
hmmm +400 floating, just have i refunded this or have been patient?
I just got my refund through clickbank. Thank goodness.
What the heck though, I keep getting spam email claiming how well this EA works and all this ‘proof’ but how come no one I speak to can claim the same?
THEY DO NOT REALY HELP YOU
THEY IGNOR THE REFUND REQUEST
DO NOT BUY FROM THEM
Y confirm too
I just got my refund also. This EA is junk.
if anyone’s interested, here’s my demo acct with this destiny EA…
http://windsorftw1.mt4stats.com/
I just got my refund from Clickbank. And Admin is right, that EA file size is 6kb, just like MACD Sample…
I’m guessing no one bought through the ‘bonus’ URL for the optimized settings eh?
Admin, I came accross Forex Destiny ADX..any chance on checking it out for us? So far I’ve had +$800 in 2 days, 3 consecutive positive trades, no losing trades. Thx.
Well the demo accounts tanked pretty badly for me, no matter how many times I start them over. Thank god you can get a refund through ClickBank!
I trigger the refund and Tech support email some garbage on how good is their robot but I insisted on the refund. And now no news from them for 2 days…
The same with me, I processed the refund trough clickbank and they changed from refund to tech support request, then I switched back to refund and still no response from them.
How long does it normally take ClickBank to process the refund?
Hi Guys, If you need a refund, do not bother calling the company for it. Simply request it through clickbank, they are great.
I request my refund also. We will see if they return it or not. I thought that with Clickbank we have some protection. Is that not true?
my trades are stuck open for the weekend at a total of -3200 this is nearly as bad as pip brains with all its false hype!
THEY DO NOT REALY HELP YOU
THEY IGNOR THE REFUND REQUEST
DO NOT BUY FROM THEM
Still no trades, back test results are bad…refund I guess.
well its finally open 2 trades at only 1 lot, and both of them are both -1500 each . Refund me thinks
Still no trades for me after 2 days, at least I am not the only one.
Still no trades for me. Anyone else geeting any trades?
Two days and it’s openned 3 trades so far, 2 of which made over $250 and 1 which was -$125.
If this keeps up, the EA will have paid for itself in no time! I just put it on my live account last night since ForexHacked flopped bigtime the past couple of days.
http://www.windsorftw.mt4alert.com
From my statements, those negative trades were made by ForexHacked.
Two days running and still no trades. hmmmmm
The link to the stats is not working
Thanks, fixed it!
This EA has yet to open a trade for me.
I did a backtest on the EA using EURUSD M1 and am not particularly impressed with the result. However, a similar backtest on USDJPY M1 was awesome.
I am therefore, forward testing it on both EURUSD and USDJPY M1 both for the regular EA and the Advanced version.
Lets wait and see.
I’m not too thrilled with the 3-4 trades/week either. The Stop Loss and Take Profit seem really wild too, has anyone bought the EA from this link.
http://www.forexstfbonus.com/
They offer an optimized settings version of ForexSTF, if you buy it through his affiliate link. I wish I would have found it prior to buying it directly. Ohwell. If anyone out there is thinking about buying it, try nabbing it from that site so we can all possibly benefit! 😀
Test account is now up!
I also bought it today but not to happy about the 3-4 trades a week that support told me. I will test it for a bit and see.
i bought it today got it on a demo account after trying thier free indicators! i asked support about number of trades they said only 3-4 trades a week. So its not a busy ea but lets hope its very profitiable
Just bought the EA, can’t wait to start demoing it. Does anyone have any optimized settings for this EA?
yay thanks admin