Best Pair is GBPUSD M30
Settings:
Account 5 000 usd

Lots 0.5
Take profit 100
Booster 1.02
Pip Starter 5
MaxBUY/SELL 100

so please, if you have a good and clear database for GBPUSD 30 MM
try to make backtest
to confirm my setting
let me know yours results

i hope Cam forex try it in his lab
enjoy
Pascal

Best Pair is GBPUSD M30, settings:
Account 10K€

Lots 0.03
Take profit 100
Booster 1.7
Pip Starter 75
MaxBUY/SELL 6

Enjoy

Overall

I thought I’d share my experiences and opinion about Forex Hacked (FH)…

I have tested FH on 15 or more demo accounts and have used it on 5 of my live accounts since February 2011. I have also back tested endlessly in search of the ‘perfect settings’ and have then run them on 12 major pairs on various demo accounts to see how they performed.

Without going into too much detail, I have run the standard settings as well as the 4 bonus settings, which are downloaded with the EA, and also my own various settings whereby I have tried all sorts trying to reduce the drawdown and make it consistently profitable, however, it’s mostly down to luck when using this EA…

I have found out the hard way… some settings worked great on the demo accounts for a few months, so I decided to use them on live accounts thinking that ‘I’ve made it!’. Needless to say ALL my demo and LIVE accounts where wiped out sooner or later. I have used FH on live micro and standard accounts with little success. While it has the potential to quickly grow your account, all it takes is one ‘black swan’ and your whole account is wiped out… and that is why I say it is mostly down to luck when using this EA… believe me, it’s not if a black swan comes by, it’s when! I have seen a few of my demo accounts and one or two live accounts wiped out in literally less than an hour when things go wrong.

I kept trying to convince myself that I would find the ‘perfect pair’ and settings to use with this EA which would prevent any wipe outs so to speak. As above-mentioned, I have tested it on 12 major pairs since Feb 2011 and just when you think you have found the right combination, it slaps you in the face and blows your account.

I have read that some people use FH to ‘double’ their account and then withdraw their profits and start again. Well you do the math there… you have to be extremely ‘lucky’ to be consistently profitable… it really is just a matter of time before a wipe out occurs and then all you will be doing is funding your account with past profits in the hope that you manage to double your account before another wipe out occurs and so on!

My point – This EA is extremely high risk no matter what settings you use, this is because it is based on the martingale principle. It is amazing to see just how fast it can turn against you and wipe out an account before your eyes.

It’s a bitter pill to swallow realising how ignorant I have been about the extremely high risk involved with using FH. I have lost more than I would like to admit using FH and also by trying to copy it’s ‘strategy’ on my spread betting accounts with dire consequences.

My advice is to stay away from this EA… it can, and does, go wrong SO quickly… it is literally a ticking time bomb and you will often find yourself sitting in front of your pc, nearing a margin call, hoping that it will turn in your favour… the stress alone is just not worth it!

Andy

Because Hacked is based on a martingale system, it won’t work in Zulutrade. Sorry.