October 6, 2010
Forex Crescendo Review
Forex Crescendo is an automated forex robot that has been created by Andrea Salvatore, a leading programmer and robot tester. It trades two pairs, the GBP/USD and GBP/JPY pairs, and has produced a profit of 132.33% in the last 8 months turning $7958.70 into $18490.60, giving an average monthly profit of 1250 pips and an average win of 58.64 pips.
There are lots of these forex robots being released all the time, but the Forex Crescendo robot has been getting a lot of positive reaction from the forex trading community, including a few of my readers that I have been in contact with.
(Update - Jan 25th - Readers may want to read the comment from Jeremy Wright at the bottom of this page before purchasing this robot).
What I like about the Forex Crescendo robot is the fact that it appears to have generated a profit of $2.55 for every $1 risked, which is an excellent return. Furthermore it doesn't appear to have large drawdowns, like the majority of the robots that are released onto the market. In fact the maximum drawdown for this particular robot was just 5.31%.
To give you a few more facts about the Forex Crescendo robot, it has an overall success rate of 77.25%, has never had a single losing week or month, and has only ever had one losing day in the last 8 months (placing two trades per day).
So it is clearly very impressive, on paper at least. However the real test obviously comes when you buy the robot and start trading it with real money, but there's no reason why it shouldn't continue to do well because according to the creator it uses an algorithmic formula that takes into account the current market conditions, ie volatility in other words.
I'm afraid I haven't tested this robot out for myself yet as I don't use the MetaTrader4 platform, but I would love to hear from anyone who has purchased this robot and tested it out for themselves.
If you would like to find out more about the Forex Crescendo robot, you can do so by clicking on the following link:
(If the robot doesn't live up to expectations, you are entitled to a full refund within 60 days).
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5 Comments on Forex Crescendo Review »
October 7, 2010
jeremy @ 2:01 am:
Hi Sir,
You have quite numbers of EA and system review on your side, May I know which EA or system you actually using during your daily trades? beside your main 4hour system.
Thank You!
TradeProfits @ 11:43 am:
I did read a couple of reviews about because someone talked about the amazing performance being backed up with a real account over at MyFxBook. However, I have also read a couple of bad reviews.. I am not ready to go with EA´s at this moment..
October 9, 2010
Forex @ 11:19 am:
Forex robots are good, but we can not trust on them blindly. Even they are as reliable as a forex broker. I think so manual trading is best.
January 25, 2011
Jeremy Wright @ 12:02 pm:
Forex Cresendo is a TERRIBLE TERRIBLE EA, up there with one of the worst Ive ever experienced and I should know I have a, copy (YES I did get a refund thank god!!).
James said in this article above "it appears to have generated a profit of $2.55 for every $1 risked" NO it doesnt it risks 30% of your whole account to bank 0.4% an absolute AWFUL risk reward, thats because it trades on a Multi level basis it keeps opening trades every 12 Hours in the same direction until they all go into profit by 0.4% but wil close out if the -30% mark is hit first WHAT a joke its basically a martingale system thats why it banks a profit nearly everyday, but its a time bomb in waiting, Andrea Salvatore is a programmer but know nothing about trading or he wouldn't have created this SHIT! STAY AWAY!
James Woolley @ 1:33 pm:
Thanks for your feedback Jeremy. A lot of these robots do seem to be too good to be true unfortunately.