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FOREX KNIGHT RIDER

 

Price: $97
Optimism Rank:
Sold by: ClickBank





Description:

The Forex Knight Rider was just released on December 11th, 2009. It trades on the EUR/USD, 15-minute time frame.



Scott's Notes:

With a 6-pip take profit and 200-pip stop loss, I really don't care if this system takes 30 winning trades in a row, one loser will cancel them all out. Until long-term results prove this differently, I have absolutely no hope for this EA and am giving it 1 star (only because there is still a remote chance that it actually works).


Links:




Account Updates and Memos

05/26/10 - Update: The FXDD account expired, and we are discontinuing all testing of the Knight Rider. Here is the overview from the old account:

Traded from 12/11/09 to 05/21/10
Total trades: 81, Total pips: -177
Account started with: $5,000, Account ended with: $3,836
Pairs traded: EUR/USD, Risk setting traded: StartLot 0.1, RiskSetting 10

01/06/10 - Please note: After testing Knight Rider on all currency pairs for the past 3 weeks, we concluded that the system simply does not work very well on all currency pairs, and have decided to cease testing. Here are the final results:

Traded from 12/14/09 to 12/23/09
Total trades: 85, Total pips: -1113
Account started with: $25,000, Account ended with: $656
Pairs traded: All currency pairs, Risk setting: 10