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: testing
Forex Transformer
 

Updated: May-2009

Profitable: 5/10

Easy To Follow: 7/10

Honest Result: 5/10

Support: did not test support

Bonus Value: 5/10

Results: 2/5

The Good: Backtest for 2005-2008 looks okay in FXDD

The Bad: Backtest in 2009 looks bad.

 
 

Here is my review of the new EA from Paul Liburd with a funny name "Forex Transformer". I like "Transformers" movies however I have no idea what transfrormers have to do with this expert advisor. Maybe the creator was inspired by the "Terminator EA". I guess next time they will release SpiderMan Robot followed by X-Man Trader lol

Anyways, Forex Transformer EA works on EURUSD M15. It is based on the number of indicators such as iSAR etc. The only parameter you can change here is trailing stop value. That's really weird - you can't even set the proper MoneyManagement!

The Forex Transformer backtest results looks strange - Backtest in 2009 looks bad.:

I tested the robot in Alpari and Fxdd and did not get any good results