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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: testing
Chameleon 2008
 

Updated: October-2008

Profitable: 8/10

Easy To Follow: 5/10

Honest Result: 9/10

Support: replies within 12 hours (tested via 12 E-mails)

Bonus Value: 5/10

Results: 4/5

The Good: Great support and personal approach. Overal System is profitable according to the forward tests.

The Bad: System is rather complicated and expensive. Lots of strategies and currency pairs require some time and past experience to get familiar with. You need to devote some time to setup because system works on several pair at the same time (17 pairs if possible) and several strategies.

 
 

REVIEW: Over the last few weeks fellow traders asked me to review the Chameleon 2008 system from Renegade FX. The creator Steve was really kind to find the time to call me personally and discuss his product in detail. Also he provided a demo for me.

Here are few points he told me:

1. Chameleon cant be easily backtested because it uses a combination of different strategies that support each other: when one performes bad other strategy will try to fix the situation
2. No refunds are provided. New updates cost you 25% of the current price.
3. Chameleon does not have any affiliate programs because Steve wants to have low number of clients to provide personal support to them.
4. Chameleon is so damn expensive because Steve had to contact each client personally and help with setup. He can't give away it for cheaper price.
5. Chameleon has a number of forward tests on several demo accounts. One of them was blown away because of IBFX spike error in quotes. Other accounts are doing good.
6. Steve is going to release new version in January 2009 and also release we other EAs
7. Chameleon has a number of presets you can use for your trading
8. Steve is going to open a public forum soon.

Update October: After Steve saw my review he decided to add a comment: "As you know I provide profiles that can be loaded with just a few clicks of the mouse, this actually makes things easy for beginners. I know the EA is more complicated than others but I have taken steps to make it usable for the less experienced."