By: George Shaw -
Product Overview...
Forex Terminator is a forex trading system/software consisting of a template for the Metatader4 trading platform which you trade manually and an Expert advisor, this is basically an automated robot that trades for you on autopilot. Also included are PDF's that take you through the installation and using the software.
Product Claims...
"It fits around your 9-5 schedule (if you have one)"
"It's 100% automated, NO monitoring of the markets"
"It takes only 15 minutes a day to win"
"It involves NO thinking whatsoever and..."
"Has been proven to generate over $10000 in less than two days"
Our results...
Our testing was done over a period of one week.
Installation was fairly straight forward but the provided PDF manual was a bit lacking in details when it came to the configuration.
We decided to try the automated expert advisor first but were surprised with what happened, with several charts engaged, no trades were opened in the first 24 hours, even though the rules indicated there should have been. In fact, over the 5 day period it only placed 2 trades!
Not being too impressed with the Expert advisor we turned our attention to trading manually using the signals generated on the 4 hour charts. We placed 5 trades over the course of the 5 days with profits from 80 pips to 240 pips. The manual trading is where forex terminator really comes into its own, the indicator package is the best and simplest I have seen in a long time. I have used indicator packages in the past that cost many times the price of forex terminator and I can honestly say the Forex Terminator is easier and much more profitable.
Our verdict...
Although not perfect, (which forex trading system is) Forex terminator is definitely a worthwhile purchase. The expert advisor didn't do as promised but with an update this could well change. Trading manually is where Forex terminator really comes alive, we found the indicators to be spot on making forex terminator at only $97 a definite steal!
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Get Forex Terminator Here
