I have collected a HUGE list of FREE Forex Expert Advisors

If you need this list for your personal trading just type in your name and email below and I will shoot you a copy of my collection right away.
Promise me not to spread it!


All Reviews List

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

Request Review

If you have found a new robot and want us to write a review please write the robot title and click request a review
Tested Result: N/A
Forex Mercenary

Updated: January 2010

Profitable: N/A

Easy To Follow: 0/10

Honest Result: 0/10

Support: did not test support

Bonus Value: N/A

Results: N/A

The Good: Nothing good. Total blackbox.

The Bad: Not an automated system, requires manual work. No way to backtest the system in MT4.


I've got tons of emails to review the Forex Mercenary.

The Forex Mercenary comes in a way of total black box. They have developed a Java Software which promises to use "advanced statistical models that take into account a broad array of information relevant to the particular instrument they are trying to predict". The system claims to use Bollinger Band indicator and some currency correlation methods. That sounds good however we have 2 major problems:

1. The system is not automated. It simply gives you signals but you have to sit whole day and wait for the signal to arrive and place it manually in metatrader.. This is outdated approach and in the era of forex robots nobody will do that I am afraid.

2. There is no way to backtest it properly in Mt4. The "included backtest feature" is like a joke. Take a look:

It has no detailed statistics, no signal details, no pips gains/loss.. only "prediction Down.. Outcome: Win".. that gives me no information on how the system actually performed in the past.

Moreover the developers did not bother to publish any real time trading results on their site so I suppose they don't trade it as well.. Bottom line - total black box. Don't ask me to review it, guys. I have no time to sit whole days and wait for the signal. I dont know if it is good or bad. I trade with robots, I develop robots and I review robots..