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Forex Outbreak

forex-outbreakIt looks like another scalper but has some good order management built in that locks in profits and can produce some nice trades. The win rate is also impressive, with their back test (only shown to people who purchase the product) showing 100% accuracy. There are two versions of the EA available:

  • Standard – Recommended on EURUSD M30
  • Advanced – Recommended on EURUSD M5

The sales page showed a promising video, so I thought I’d take a punt on this one and give it a whirl. The first thing I noticed was that the back tests didn’t show a lot of trades. Only 300 odd over 10 years. That said there were some trade that stayed open for months before hitting the 225 Stop Loss… and my back test data was playing up so I’ll have another look at getting better data another day.

Let’s see how we got on in the Lab…

lab-results

Test 1: Independent Strategy Testing

2000-2010 Strategy Test on EURUSD, using the standard EA and a fixed Lot size of 0.5 Lots.

backtest2000-2010-FixedView full 2000-2010 EURUSD Strategy Tester results

2009 – mid 2010 Strategy Test on EURUSD, using the standard EA and a fixed Lot size of 0.5 Lots.

backtest2009-2010-FixedView full 2009 EURUSD Strategy Tester results

2000 – 2010 Strategy Test on EURUSD, using the Advanced EA and a fixed Lot size of 0.1 Lots.

backtest2000-2010-Fixed-AdvView full 2000-2010 EURUSD Strategy Tester results

2009 – 2010 Strategy Test on GBPUSD, using the Advanced EA and a fixed Lot size of 0.1 Lots.

backtestGBPUSD2009-2010-FixView full 2009-2010 GBPUSD Strategy Tester results

Test 2: Live Test

Currently running FAP Turbo on Alpari UK, testing started on 17th April 2010. Current results are as follows:

View our Forex Outbreak Live Test Statement

Lab Result:

pass-fail

0 positive user reviews     0 negative user reviews.


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