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Tested Result: testing
Forex Juggernaut
 

Updated: January 2010

Profitable: 8/10

Easy To Follow: 7/10

Honest Result: 8/10

Support: did not test support

Bonus Value: 0/10

Results: 4/5

The Good: Good and consistent EA. Backtest is good for all years without curve-fitting tricks.

The Bad: Trades only one pair - eurgbp. Spread sensitive.

 
 

Forex Juggernaut website is filled with traditional hype offering you to "CRUSH The Greedy Forex GURU HEAVYWEIGHTS".. lol. The creators are guys from "next generation fx trading" company. They have developed such EAs as forex transporter, forex knight rider, forex kryptonite, forex redemption, forex ironman, forex surgeon, forex godfather and some other EAs with fancy names but poor trading results. That's why I was bit skeptical about this one too.

The EA has a proper logic - the signal is symmetrical and based on Envelopes(5) indicator. The only filter is time. There is no curve fitting inside or tricks with history. That means that EA should work consistently for a long time.

The backtest looks very consistent for 2005-2010 years. Take a look:

Click here to study the full Juggernaut backtest

I have placed the robot for the forward test and report more results later!