Monday, December 17, 2012

FOREX SHOCKER PRO - BETTER VERSION?

Good day all, here is a Forex system that has been around for a few years now. The vendor has recently released a Pro version, along with a website upgrade, so let's investigate shall we?

"The PRO version also has the ability to have its trading parameters changed mid-trade (during an open trade) by our head trader, if the need arises. You can set how frequently Forex Shocker PRO self-updates. The default setting is currently every 2 minutes so that any parameter changes will quickly be reflected in your MT4 terminal. (The Standard version only trades up to 4 pairs and cannot automatically update its trading parameters since there will be no connection to our server)."


I guess the thinking is update the parameters as market conditions change to exit market at right time.

To maximize money-making opportunities, Forex Shocker PRO currently trades up to 10 pairs: EUR/USD, USD/CHF, GBP/USD, USD/CAD, EUR/CAD, AUD/CAD, GBP/JPY, EUR/AUD, GBP/CAD, and EUR/JPY

Let's look at how this system performs. The below chart is for 122 days of trading on a demo account I believe??


There are 99% modeling backtests as well for each pair.  I am only showing the Eur/Usd.



As you can see the vendor has really done a lot of work showing how well his system can perform. I believe in the future this system will start to perform well. I like that this EA uses 10 pairs as well, it can really spread out the risk in theory.