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Tested Result: testing
Forex Terminator
 

Updated: February 2009

Profitable: 3/10

Easy To Follow: 7/10

Honest Result: 7/10

Support: did not test support

Bonus Value: 10/10

Results: 2/5

The Good: The system goes with the nice PDF describing the trading strategy

The Bad: Poor performance : Low profit and very rare trades.

 
 

A lot of members asked me to review Forex Terminator so finally I decided to buy and test it.. Salesletter reminds me fapturbo website, obviously they copied many marketing ideas. However there is big difference here - no live results are published on the pitch page which is clear red sign for me: do they really trade their system?

After purchase they will offer you to buy some EURGBP robot that looks like fapturbo clone and some scalping strategy guide, which could be good and maybe you can consider buying it however I was interested only in main system and skipped that.

The Forex Terminator trading system is based on several indicators such as ZigZag, Channel, SuperSignal etc. They provide a detailed PDF explaining how to trade manually using the signals from the Forex Terminator trading system: clear entry, exit and trading examples are provided.

However you know me, I never bother with manual trading anymore in the era of forex robots when you can automate all your ideas so I went ahead and backtested the Forex Terminator robot itself which turned out a big dissapointment to me.

The creators suggest to run it on EURUSD H4 timeframe. take a look on 2003-2009 backtest:
View the Backtest
I noticed they trade other currencies (reports shown on the salespage) such as USDJPY however I could not get any good results on them even when I tried smaller timeframes..

The conclusion is - the manual system could be good for professional traders only but if you prefer autopilot approach the robot is pretty dissapointing - you will hardly get a trade in a month and it will not bring you any good profits even long term