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Tested Result: bad
GoldenGoose EA
 

Updated: August-2008

Profitable: 1.5/10

Easy To Follow: 8/10

Honest Result: 7/10

Support: replies within 48 hours (tested via 1 E-mail)

Bonus Value: 2/10

Results: 2/5

The Good: They offer a free demo to test

The Bad: Profitability is very low

 
 

REVIEW: Forex Golden Goose from forexcashtools.com promises you "Worlds Smartest Martingale Forex Engine" with "25% to 40% Monthly ROI" but delivers nothing. System is based on the martingale strategy: double the bet when you lose so that your eventual win covers all bets made. Unfortuatelly in reality this idea does not work in Golden Goose. The system failed to show any good results on the backtest. The number of winners is nearly the same as losers so you could hardly be in profit here. The good point about Golden Goose - they offer a free demo of their expert advisor to test.  Unfortunately the system is a total loser in a long run. That's why they show only very short periods of tests on their website. For example, test from "2007.10.23 - 2007.11.27" - yeah, we all know that one good month is not a example of long term profitability. This is true for GoldenGoose. It can be profitable in a short term but for a long term run the Golden Egg is too heavy to handle...