Though this is an unverified claim, Fx Voodoo’s team states that it will d onate 50% of the EAs proceeds to the needy!
Let us start with the back-test performance shown by Fx Voodoo EA. It has been tested on different brokers including; Alpari and FXCM.
Back-tests reveal that Fx Voodoo uses a trailing stop on almost every trade to guarantee pz trade pad ea download profits once the trade moves to the desired direction hence most of the trades are closed by the stoploss. Normally, strategies that show a high win rate have a poor reward to risk while those that have a high reward to risk show a low win rate. Fx Voodoo’s tests show the first characteristic; having a high win rate and a poor reward to risk where its average win is smaller than its forex trading for income average loss. However, it shows a very high win rate above 95% to guarantee profits. Fx Voodoo’s team guarantees profits of 100% – 1000% a year using this EA, so lets look at the live performance and see forex for trading income if it has lived to achieve such forex trading income for returns.
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Fx Voodoo has a live account verified by both fxblue and myfxbook. On the live account, FxVoodoo EA has traded for only forex trading for income two mont h showing a 237. 62% forex trading for income return; this is a very high return considering the duration traded. Though this duration is not sufficient to properly analyze Fx Voodoo’s long term stability; it has already achieved the minimum return stipulated by the developer. Trading privileges and track record is yet to be verified forex trading for income by the developer on myfxbook, however, the same account on fxblue shows similar statistics and forex trading for income hence we can say this is a true live account performance. It also shows a forex trading withdrawal for income $10,000 confirming this since with withdrawals are not possible on demo. The most forex trading for income interesting and attracting characteristic of Fx Voodoo forex trading for income is that it has 100% win rate on its live account performance. Though it has only taken 25 trades for the two months forex income for trading traded, it does not show a single forex trading for income losing trade. Though this is a very impressive winning streak; it is important to monitor Fx Voodoo EA further since demo accounts trading the EA reveal that it has a very high level of drawdown.
That begins with copy trading platform, but there is an accessible way our customer mANY forex trading for income INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. Main reason why trading direction, while a negative value means they eURUSD.
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(See other more safe Forex Robots) Figure; Fx Vodoo Drawdown on a demo account.
This revelation will definitely bring you to the conclusion that Fx forex trading for income Voodoo EA keeps loosing trades for a very long time waiting for them to recover forex trading for income from loss achieving a high win rate income forex for trading in the process. This cannot be correctly verified since the developer has chosen to keep open trades private. ForexVoodoo is not a black-box and the user is able to change the available parameters.
Here are some of the forex trading for income parameters available on Fx Voodoo; Lot size; for forex income the trading user is able to set the position size of the trades. UseEquityPercentage; with this forex trading for income setting, the user can choose to risk a particular percentage of account equity on every forex trading for income trade e. Stoploss; this is the number of pips to exit a loosing trade. BEP; this setting allows the user to specify the forex trading for income number of pips a trade is allowed to forex trading for income robot copy trader move to the winning direction before the stoploss is moved to a point of breakeven. Trailing stop; this is the number of for forex trading pips income the stoploss should advance to protect profits for trading forex income as the trade goes into profit. Hedging ; Hedging in this robot can be activated if the user’s broker allows it. Mondaytrade; The user can activate or deactivate trading on Mondays.
Forex trading for income Version.
Fridaytrade; the user can activate or deactivate trading making money forex trading reddit on Fridays. Forex EA exhibits a very high win rate Verified live account performance is available with positive results It is not a scalping forex ea legit or martingale EA It has a members area for user support Fully customizable parameters. It exhibits a high level of drawdown A long term live performance track record is not available. The win rate on FxVoodoo forex trading for income is very impressive, however, users should monitor the levels of drawdown closely since the EA may be holding losses for a long period of time. The period used to test the EA on a live account is not also sufficient to make long term conclusions about Fx Voodoo.
Apart from the demo account drawdown, the drawdown on the live account is still low for now and this is definitely an EA to watch and if purchased, a needy person somewhere will be grateful if the developer fulfills the promise to donate 50% of the profits to the needy.
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