Forex Crescendo

Forex Crescendo's website

Users Rating:

Editor's Rating:

Forex Crescendo

Forex Crescendo trades two currency pairs (GBPUSD and GBPJPY) at the same time with a portfolio-like approach to trading and is based on a price approximation algorithm and automated money and risk management.

Visit Website

OR Review This!

Price: $149.00

Date: January 05, 2012

Tags:

Views: 84

Reviews: 2 Reviews

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Its all about patience

    THE GOOD:

    Take your time with the bot and make sure to get a hold of the developers to correct any outstanding errors or bugs

    THE BAD:

    The EA seems a bit like its still in beta, as there ahve been multiple reports of the same error being encountered at teh start of use

    REVIEW:

    Apart from the intial bug that was fixed by the developers, I've seen some decent success over the year I've traded with this EA. It wont make you rich over a short time, but if you do your work and watch the markets, set the settings correctly, you'll see the bot come around over time and take you into high earnings.
    Do you think this review is helpful?
    like
    0
    like
    dailywp.com

    REVIEWED BY:
    Will
    Jan 30,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    An EA for the experts

    THE GOOD:

    Developed by a knowledgeable programmer who is very helpful. Has many settings for customisation and excellent money management options.

    THE BAD:

    Uses a martingale strategy, which at least can be tuned to individual risk preferences.

    THE BOTTOM LINE:

    You need to be reasonably cluey about technical aspects of trading in order to optimise the settings to your liking/preference. The support is excellent and the member's site is a goldmine. Andrea, the developer, is a keen teacher.
    This is not a product for the faint hearted or the set and forget brigade. It needs constant fine-tuning.
    I have lost so much money with martingale type products and hence i no longer trade with Crescendo even though the martingale aspect of this EA can be finely controlled, including a setting which will close all trades on a self-selected drawdown %.

    REVIEW:

    See above comments.
    Do you think this review is helpful?
    like
    0
    like
    dailywp.com

    REVIEWED BY:
    Andrew
    Feb 1,2012