Forex Hacked Expert Advisor: Key to Profitable Trading.
Forex Hacked version #1 Robot 4 Years Running When Forex Hacked first launched back in , it quickly became one of the most popular forex robots on the market. Here are a few good reasons why. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE .
The system is pretty powerful and consistent if you take the time to learn how to use it properly. The main thing is managing risk. Too many users fail and blame the system because they have made the mistake of setting too high of a trade size for their account balance. If you take the time to test out the system on a demo account and find the settings and risk ratio that are right for you, this ea can really perform for you.
Just don't get too greedy. But that is really just one of many possible ways to use this ea. You really will have to find what trading style works best for you. Thanks for the replies interesting I have tried a lot of free EAs but haven't found a good one yet. I might have to buy one. Either MT4 or MT5. So, stick to MT4. I would highly recommend the forex hacked ea. I've tried a few different EA's over the years, and this is really the only one that has continued to work consistently for me.
And I will stress again that the key to consistency and success with this EA is maintaining a very low risk ratio. If you have the equity to support it, you will win, and you will continue winning. If you trade this with too high of a risk ratio, you may win at first and even see some impressive profits, but I can guarantee that eventually you will overextend your account and get wiped out.
So just keep that in mind. It will only work if you are very strict and conservative about your risk management. Haven't found many reviews regarding it, would appreciate if anyone who has used it can post their thoughts. The equity curves shown on the web site if they're actually for this EA. I've seen this all the time.
The key hazard behind the Martingale method is that the bet size the trade contract size may grow so big so that the gambler trader cannot provide adequate funding and support the account. And now, back to our particular case, after two months of trading, the trade contract size has reached 3. To see how the Forex Hacked Pro EA actually performs in live trading , we'll explore in detail a real account with FXOpen, active since November 9, , trading a group of currency pairs: By the way, I'm not sure whether we are not dealing a cent account here.
The first differences are already visible. Let's calculate the return to drawdown ratio and compare it with that of another robot using gambling strategies — the Forex Warrior EA. This gives a ratio of return to drawdown of 5.
However, for the same period, the ratio for Forex Hacked Pro stands at humble 0. Isn't this a tempting perspective? The rest of the news is worrying, however. And we all know what this means — Martingale strategy is applied — and this time I'm not laughing because this strategy wipes out real money. Instead of closing the trades, the robot keeps them open for a long time — we are talking weeks. Even for a cent account, that's a heavy blow. You may be thinking that this is the sole series of losses and if trading other currency pairs you won't lose.
Meanwhile, to compensate for the heavy losses, the robot raises the contract size: This way, four wins compensated for the 13 losses.
Do you already have an account?
As for the algorithm of operation and the tools used for the analysis of the market, there is no such data. In addition, the algorithm of the expert advisor was redesigned a little — as a result, the EA trades intensively and does not overhold positions.