This one is brought to us from the makers of the Forex Overdrive System. It is a scalper by nature and can either be traded on the 15 min time frame or the H1 time frame.
What about backtests?
There are 99% modeling back tests available for each of the 7 currency pairs that are supported by the vendor. Check them out here
I really like the diversity of the 7 pairs with this EA. This reminds me of the Wallstreet Forex robot, with tighter stop losses. Note that tick data goes back to 2007 only so we can not achieve a 10 year backtest.
Now lets take a look at the live trading results below.
So far so good, but at time of writing this was a small sample size.
There are supposedly 16 different versions that can be traded with this one, but only 7 are recommended and supported.
You may remember the Forex overdrive with its very poor risk to reward ratio. I like this one from the team because it has a much better risk to reward ratio indeed. Heck for only $47 it probably is a no brainer!
