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Tested Result: testing
Forex Apocalypse
 

Updated: October 2009

Profitable: 6/10

Easy To Follow: 10/10

Honest Result: 9/10

Support: did not test support

Bonus Value: 9/10

Results: 4/5

The Good: Good backtest - seems to be profitable under current market condition

The Bad: Does not trade often. Supports only one currency pair

 
 

Forex Apocalypse is a new system from Michael Wright. It trades EURUSD M30 (just one currency pair) and opens trades based on Momentum, ADX and RSI indicators. To exit the trades a trailing stop is used beside the fixed TP and SL levels. Forex Apocalypse does not have any automatic money management - so you have to set the lot size manually. It does not work on ECN brokers however it adjusts to 4-5 digit brokers automatically.

The Forex Apocalypse backtest looks pretty good for the last years. You can check it out here. Forex Apocalypse backtest - file is large 4.5 Mb - beware!

However the robot does not trade often - you will hardly get 1-2 trades in a few months. Here is what I found in the user guide "This EA is for trading Forex market, not for personal entertainment. That means it would only trade when there is a very good chance of winning. It wouldn??t trade just to make you happy!" - sounds pretty funny lol :)