The Forex Thor II is an EA from Alexander Collins, (well known for many other good performing EA’s).
Similar to Million Dollar Pips, Forex Thor II uses level 2 data, i.e. a real time view of the rate and amount of lots being traded by other traders, to provide an edge to your trading and the Forex Thor II EA.
Although level 2 data is not normally available to retail traders via the Meta Trader 4 platform, the team have been able to use a mathematical formula to determine this, giving you an advantage over others in the market.
Forex Thor II Essentials…
- Trades EURUSD M30 Chart
- Runs 3 different risk modes
- Uses Level 2 data
Currently running Forex Thor II on Alpari UK, testing started on 17 April 2012. Current results are as follows:
| Current Floating Profit ($) | Total Balance ($) | |||
| 0.00 | 5000.00 | |||
| View our Forex Thor Demo Test Statement | ||||
Lab Result:
people on other websites are telling me that this is actually million dollar pips rebadged! this actually may not be a bad thing as it also trades other pairs but does it work?i have requested a proper trial from the vendor for this but have been unsuccessful.he thinks his money back offer is good enough. he makes it sound like you can test it live first but actually the download only allows you to backtest it! how useless is that! i will wait and see on this one.
Hi Marka and the rest at Cam,
I had the similar experience as you.But they are just not willing to give you a proper trial, so I just let it go. I am just fed up of beta testing for 60 days for all these guys at our expense costs and time, which is what I feel they are using us for. All the best guys. BE AWARE AND BEWARE!
Aslam
this is good free EA
thaks
this is good free EA – costs $249
What does it mean when it says it uses leval 2 data?
These are 5-unit, interbank quotations – Level 2 – a glass of demands in market Forex – or simply less favourable offers.
Five losing trades since 23 May12 on Mammoth VPS (one m/s away from my broker’s server) ==> minus 92 pips.
It’s a dog.