Forex Overdrive (By fxoverdrive)
| Gain : | +422.47% |
| Drawdown | 46.48% |
| Pips: | 1327.4 |
| Trades | 603 |
| Won: |
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| Lost: |
|
| Type: | Real |
| Leverage: | - |
| Trading: | Automated |
Forex Overdrive Discussion
Apr 20, 2010 at 05:58
4,850 Views
19 Replies
Member Since Oct 28, 2009
1430 posts
Jun 10, 2010 at 17:45
Is this the forex overdrive EA?
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Apr 18, 2010
8 posts
Jun 10, 2010 at 18:42
It's a combination of The Forex Revolution and Forex Overdrive.
Member Since Oct 28, 2009
1430 posts
Jun 10, 2010 at 19:08
Nice, I may have to take a look at those
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Apr 18, 2010
8 posts
Jun 11, 2010 at 12:44
It's doing great for me :).
Member Since Oct 28, 2009
1430 posts
Jun 11, 2010 at 14:34
Any chance you can split your trades out by Magic Number so we can see which is which?
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_6207
Member Since Jan 27, 2010
59 posts
Jun 13, 2010 at 09:44
Thumbs Up. Nice system. Real account with honest broker. Fully Transparent. The deal Real. I am very happy to see this!
Member Since Apr 18, 2010
8 posts
Jun 18, 2010 at 14:46
Hmm, I believe i had it set that way. .01 and .02 is forex overdrive. Forex Revolution are the higher ones.
Member Since Apr 18, 2010
8 posts
Jun 18, 2010 at 14:46
In terms of lots.
Member Since Apr 18, 2010
8 posts
Jun 18, 2010 at 14:46
Thanks Will.
Member Since Jan 14, 2010
449 posts
Jun 26, 2010 at 19:14
This EA is a scam, real performance here:
https://www.forex-robot-hazard.com/overdrive/overdrive.html
https://www.forex-robot.com/1statements/overdrive/statement.htm
https://www.mt4i.com/users/overdrive
(here for example the balance is 2 611.01 and the equity is 895.08 and getting worse, this is normal with this kind of EAs)
Some Backtests:
https://www.4xproject.com/ee/index.php/forexrobots/backtest/forex_over_drive
Beware of this EA's 328 pips SL!
I think you could make an EA to open randomly BUY or SELL orders with 10 to 25 TP and a 328 pips SL and you will get the same or even better performance 😈.
https://www.forex-robot-hazard.com/overdrive/overdrive.html
https://www.forex-robot.com/1statements/overdrive/statement.htm
https://www.mt4i.com/users/overdrive
(here for example the balance is 2 611.01 and the equity is 895.08 and getting worse, this is normal with this kind of EAs)
Some Backtests:
https://www.4xproject.com/ee/index.php/forexrobots/backtest/forex_over_drive
Beware of this EA's 328 pips SL!
I think you could make an EA to open randomly BUY or SELL orders with 10 to 25 TP and a 328 pips SL and you will get the same or even better performance 😈.
Money makes more money $ ... $$$
Member Since Mar 25, 2010
9 posts
Jul 07, 2010 at 05:42
primevalea posted:
This EA is a scam, real performance here:
https://www.forex-robot-hazard.com/overdrive/overdrive.html
https://www.forex-robot.com/1statements/overdrive/statement.htm
https://www.mt4i.com/users/overdrive
(here for example the balance is 2 611.01 and the equity is 895.08 and getting worse, this is normal with this kind of EAs)
Some Backtests:
https://www.4xproject.com/ee/index.php/forexrobots/backtest/forex_over_drive
Beware of this EA's 328 pips SL!
I think you could make an EA to open randomly BUY or SELL orders with 10 to 25 TP and a 328 pips SL and you will get the same or even better performance 😈.
lol uh ya forex over drive is a new ea i been looking at it that ea by its self the forex overdirve like to be in dd alot of the time it will ' will take you for a ride like a bull ' then when you say i want off it goes up lol it does have a big sop losss on it some time i have seen it down 150 pionts / 100 pionts in dd alot i cant say for this guys account but i have seen it on test accounts by its self i cant say its a scam yet but just needs more time so for you new people out there let the e.a. prove to you it works dont hope it does let hope this ea stays on its good side 😁
Member Since Jan 14, 2010
449 posts
Sep 17, 2010 at 20:58
(edited Sep 17, 2010 at 21:00)
This EA sucks I don't know the method used to fake the results but I see this EA got many SLs lately and on your accounts they're never shown, none of them, besides the developer admitted that this account is not being ran solely by Overdrive, He uses some other EAs and other techniques to manipulate results from Forex Over Kill 😈
🙄 The reality is that your account would be wiped by the 328 pips SL anytime .
No one smart enough and with a little of Forex knowledge would use this on his/her life savings account 😲.
By the way, who rules 😀?
https://www.forexpeacearmy.com/test_lab/all_forex_tests
https://www.bestforexrobots.net/
Why not to show these fake results on FPA with investor password? They're too fake to try to impress people?
Rgds 😎
🙄 The reality is that your account would be wiped by the 328 pips SL anytime .
No one smart enough and with a little of Forex knowledge would use this on his/her life savings account 😲.
By the way, who rules 😀?
https://www.forexpeacearmy.com/test_lab/all_forex_tests
https://www.bestforexrobots.net/
Why not to show these fake results on FPA with investor password? They're too fake to try to impress people?
Rgds 😎
Money makes more money $ ... $$$
Member Since Aug 31, 2010
21 posts
Sep 20, 2010 at 17:09
I have been watching this robot for a few months on bestforexrobots.net and Forex Tool Shop, and now, myfxbook.com. Yes, bestforexrobots reflects a 328 stop loss per the EUR/USD, but overall results are not bad. The account is currently in a fairly large draw-down. This robot could blow an account, and in fact the balance did go below zero in testing at bestforexrobots.net Forex peace army reflects profit at something over 5% per month. I don't understand the difference in profit from so many sites and brokers. If the developer is running this EA in combination with another, for myfxbook.com, it would be appreciated if the version he is using on myfxbook.com be released so we could take advantage of the new strategy.
Member Since Apr 18, 2010
8 posts
Sep 21, 2010 at 04:03
It varies, from broker to broker, account type, leverage, and risk settings. That's why it varies.
Sep 22, 2010 at 06:18
fxoverdrive posted:
It's a combination of The Forex Revolution and Forex Overdrive.
Hi
Please would you provide links to both the software programmes listed above so that I may take a look at information provided by the originators of the software?
Thanks
Wayne
It's amazing what you can accomplish if you don't care who gets the credit.
Member Since Aug 31, 2010
21 posts
Sep 22, 2010 at 15:19
The results displayed on myfxbook.com look very good. Do you have plans to release a new EA which reflects the combination of Overdrive and Revolution? An adjustable or tighter stop loss would be appreciated as a 328 pip stop loss could result in a margin call.
A very low percentage of account equity would have to be used per trade to withstand a 328 pip stop. Can you control stops with risk settings? It would be educational to review results based upon the various risk settings. You surely have a winning strategy.
A very low percentage of account equity would have to be used per trade to withstand a 328 pip stop. Can you control stops with risk settings? It would be educational to review results based upon the various risk settings. You surely have a winning strategy.
Member Since Apr 18, 2010
8 posts
Sep 23, 2010 at 00:03
www.forexoverdrive.com - Forex Revolution was only used on this account for a week.
Member Since Jan 14, 2010
449 posts
Oct 05, 2010 at 04:34
Low Drawdown: 🙄46.48%
Suitable for any account size 😁
Suitable for any account size 😁
Money makes more money $ ... $$$
Member Since Apr 18, 2010
8 posts
Oct 05, 2010 at 18:04
If you notice. The last few losing trades had no stop loss... this is because it was NOT forex overdrive trading. This is a personal account. Sometimes, I test other software.. and the test, resulted in a bad loss.
Member Since Jan 14, 2010
449 posts
Nov 11, 2010 at 05:47
🙄Last Updated: Oct 02 at 06:43
Money makes more money $ ... $$$
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