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Name: Forex Overdrive (Version 3 and new Version 4)
Link: http://www.forexoverdrive.com
Price: $99
Overview: This robot peeked my curiosity when I saw how well it was performing on Forex-Robots (which used to provide live tests for EAs).
Description: Use the M5 Timeframe on EUR/USD and GBP/USD. It has a standard Take Profit of 25 and Stop-Loss of 328. Forex Over Drive uses a complex trade entry logic mainly based on price action, moving averages and standard deviation but there is MACD, WPR, DeMarker and Stochastics used as well. To exit a trade there is a trailing stop used in combination with a fixed takeprofit and stoploss.
Backtesting (EUR/USD, M5):
2005 -2006 … Read More…
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