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Forex G-Force
 
Tested Result: testing
Forex G-Force
 

Updated: January 2010

Profitable: 4/10

Easy To Follow: 7/10

Honest Result: 7/10

Support: did not test support

Bonus Value: 5/10

Results: 3/5

The Good: The default risk:reward ratio is 1:1

The Bad: Sales are closed. Backtest is not good for 2008

 
 

I got several requests to review the Forex G-Force. This one looks interesting. I notice that the vendors have taken it off the market. I see that risk/reward ratio is better than most ea's. The default risk:reward ratio is 1:1. Thus the profit target and stop loss target is the same at 160 pips.

Forex G-Force is a trend following EA which trades during a specific time of the day. It enters new trades based on price action and some verification by RSI, MFI and CCI-Channels. The backtest does not show any good results for 2008 on EURJPY and GBPJPY.

The product is somehow connected to the Forex Nemisis creators. Sales has been closed for some reason.

 
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Forex Risk Disclosure. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.