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Tested Result: testing
FxBrokerBuster
 

Updated: January 2010

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: The default takeprofit is higher than the stoploss which is a good thing.

The Bad: Not enough proof with forward testing, bad backtest

 
 

Fx Broker Buster trades on EURUSD M5. The homepage contains traditional hype about turning $3000 into 1 million which is of course based only on backtests.

This robot enters one trade at a time based on fractals and some filtering. The default takeprofit is higher than the stoploss which is a good thing. Another good thing is that it has some enhanced logic to exit a trade. It closes a trade based on internal indicators as well if neither takeprofit or stoploss are reached but the market condition does not fit its expectation any more.

The claims on the homepage are high but I have been able to reproduce close results in my own tests. The website says that EA is optimized for 2009 so I did not get any good results for past years.

The new version of FxBrokerBuster uses updated settings, automatically adapts to 4-/5-digit price quotes and support ECN-Style brokers.