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POISON ROBOT |
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Price: $99.00
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Optimism Rank: 
Sold by: PayDotCom
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Description:
The Poison Robot aims for 20 pips of profit, but these settings are adjustable in the EA. It trades the EUR/USD & GBP/USD M5 time frame. Because of the size of its target and stop loss, it should be largely broker independent.
Update (11/4/09): Poison Robot released a new version called Poison Robot Hacked. Poison
Robot Hacked is comprised of 2 robots: Poison Robot Tokyo Night and Poison Robot Osaka 7. These robots work together in a
team to pick entry points, spread risk and maximize profits. We began testing this new version on November 4th, 2009. See below for the statements.
Scott's Notes (November 11th, 2009):
As if their robot even needed updating, Poison just released a new version: Poison Hacked. It's only been running a few days before this note but I'm very optimistic about it.
However, the old Poison was doing just fine too, so we are continuing that demo. I am running the old Poison v2 Pro only on the EUR/USD (it seems to take more losses on GBP/USD) on my live account!
I don't have Posion Hacked on my live account yet because I need to see it trade for awhile… but I am hoping to soon.
Links:
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Account Updates and Memos
02/03/10 - Update: Because of the mediocre results, we are no longer testing Poison Hacked. Here is the overview from the old demo account:
Traded from 11/05/09 to 02/02/10
Total trades: 117, Total pips: +84
Account started with: $5,000, Account ended with: $5,089
Pairs traded: EUR/USD, Risk setting traded: 0.1 fixed lots
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02/03/10 - Update: Because of the mediocre results, we are no longer testing Poison. Here is the overview from the old demo account:
Traded from 11/02/09 to 01/29/10
Total trades: 162, Total pips: +214
Account started with: $5,000, Account ended with: $4,777
Pairs traded: EUR/USD, GBP/USD, Risk setting traded: 0.1 fixed lots
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12/02/09 - Please note: After testing Poison Hacked on all currency pairs for the past month, 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 11/04/09 to 12/02/09
Total trades: 1043, Total pips: -7242
Account started with: $50,000, Account ended with: $41,829
Pairs traded: All currency pairs, Risk setting traded: 0.1 fixed lots
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12/02/09 - Please note: After testing Poison V2 on all currency pairs for the past 3 months, 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 8/28/09 to 11/27/09
Total trades: 5196, Total pips: -8981
Account started with: $100,000, Account ended with: $90,690
Pairs traded: All currency pairs, Risk setting traded: 0.1 fixed lots
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10/30/09 - A new demo account was created:
Old FXDD demo account expired so we had to create a new one. Here is the overview from the old demo account:
Recommended Pairs Demo:
Traded 7/23 - 10/23, 125 trades, 89% Winners, +71 pips
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