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5EMAS-forex-trading A.I. Forex Robot AICashRobot Automated Forex Grail Automatic Forex Crusher BJF, Stomper EA Iticsoftware BankingFx Bogie-NN-v8 EA BullTrader Chameleon 2008 Destiny Forex EA Boss Enterra Forex Star Euro Blaster / EB Turbo FAP-WINNER.COM FAPS: FOREX AUTO PILOT FAPTURBO Robot FAT ForexAutoTrader FOREX-KILLER.com FOREX-MHV FX Equity Builder FX Zapper FXPromaker Fapturbo Evolution Forex Annihilation Forex Apocalypse Forex Auto Cash Forex AutoMoney Forex BackPanter Forex Bling Forex Boomerang Forex Breakout System Forex Brotherhood Forex Conqueror Forex Crescendo Forex Cyclone Forex Decimator / SuperNatural Forex Derivative Forex Detector Forex Espionage Forex Funnel Forex G-Force Forex GRIDbot Forex Godfather Forex Harvester Forex Hope / DTS-1 Forex Insider Pro Forex Juggernaut Forex Kagi System Forex Legend Forex Maestro Forex Mafioso Forex Magic Machine Forex Mega Droid Forex Mercenary Forex Miracle Forex Monster Forex Mutant Forex Neutrino Forex NightFox Forex Nuke / Phantom Forex Pitbull Forex Profit Code Forex Profit Hunter Forex Rebellion Forex Ripper Forex Robot World Cup Forex Samurai Forex Set And Forget Forex Terminator Forex Torpedo Forex Tracer Forex Transformer Forex Transporter Forex Trend Scalper Forex Trend System Forex Typhoon Forex Vampire Forex Wonder Forex-Expert-Advisor ForexAmbush ForexAutoPilot by M.Copeland ForexBulletproof Forexeasystems: EA Shark Freedom Rocks FxBrokerBuster GBP Bot GPS Forex robot GetToBeRichNow: Forex Hitter GoldenGoose EA IvyBot London Forex Rush London Sunrise EA Most Wanted Forex Robot No Loss Robot PipAndroid PipsLeader Poison Robot Primeval EA Project Pips Range Trader RoboMiner Forex Goldmine Silicon Forex Stealth Forex Steinitz HAS MTF Robot The Forex Assassin The Robotrader Trend Forex 2.0 USDbot Winning-Solution

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Tested Result: 320 pips
BankingFx
 

Updated: Sept-2008

Profitable: 5/10

Easy To Follow: 8/10

Honest Result: 8/10

Support: replies within 24 hours (tested via 8 E-mails)

Bonus Value: 5/10

Results: 4/5

The Good: Good pick. Nowadays it's really hard to find such good EA among tons of crap.

The Bad: Profitabily a bit low, but very safe. Does not work with large spread. Too expensive.

 
 

REVIEW: Nowadays it's really hard to find a good working EA among tons of crap that the forex market is filled with. When someone asked me to review this BankingFx and I got to their simple website and saw strange results with strait line to high profits it looked weird to me at first. So I decided to contact the vendor. I was suprised this time that vender Higino not only replied me but also was so kind and honest that provided a copy of his system to me for my investigation. I must admit not many vendors act so straight-forward to me. Most of them ignore or try to take?money from me :) Here is what Higino wrote to me

"My system is very safe, works with fixed lots, or money management. Does NOT use Martingale, or there is no danger of losing any money in the account suddenly. The Expert Advisor BankingFx Diamond EUR-GBP is profitable in all market conditions, it has high profit factor, and the losses are very small.
The great advantage of the Expert Advisor BankingFx Diamond EUR-GBP is the PROFIT FACTOR obtained, is extremely high, on average 4.0, so it is possible to use larger lots, getting more profits."

I verified the backtest and was really suprised. This scalper worked fine. But I was really worried because Take Profit is so small (TP=5) and I guess not all brokers allow scalping systems to trade on real account. So before posting positive feedback based only on my backtest I decided to place it to trade on my real account. I was really afraid that the system?was optimized to work well on history (so called only-history holy grail) but would fail in real trading.

The bottom line is that BankingFx is a good choice.

Update: 25 September So far so good. Results after 3 weeks on a real account are very promising. I will continue my test.

Update: October I don't recommend running the system during high volatility days when the currency makes huge moves during the day to avoid losses. Higino released a new update.

Update: November System made few huge losses of its profit during the high volatility days in October. Don't use this system with high spread..