Forex Turbo Drive (released Mid 2010) is from the same outfit as its brother Forex Over Drive (who, I might add, is doing a fantastic job in the markets at the moment – 323% return in 99 days).
I managed to get a trial copy of the Turbo Drive EA which I started trading on a Demo account about a week ago. Unfortunately, it placed a lot of losing trades and was eating away my demo account at a moderate pace. Just when I was losing hope the developers sent an updated version of Turbo Drive saying “This version is MUCH improved since the last copy we developed.” so I reset my demo account and have put it in the Forex Lab for testing.
Turbo Drive Details (so far)
- Trades EURUSD M5 Chart
- Very Low Drawdowns (TBC)
- Performed well in Euro Crisis (Jan-June 2010) (TBC)
- Up to 600 Trades Per Month
- Explosive but careful
- Take Profit 5 pips, Stop Loss 100 pips
Here are the full settings provided with my review copy: