Is Forex Crescendo a scam? This is a new trading EA that trades two currency pairs tied to the British Pound, GBP/USD and GBP/JPY while taking a very global fundamental approach to analyzing the markets.
What is The Trading Accuracy Rate of Forex Crescendo?
Past live results have shown this EA to be able to achieve an average of 77% profitable trading rate since February 2010. Its main trading system is based on the use of automated risk and money management algorithms while using a price approximation algorithm to determine the best position sizes to make with every trade.
Evaluating the Forex Crescendo Robot Based on its Live Trading Results
The owner of this EA, Andreas Salvatore, explains why he places very little emphasis on back test results and why they are one of most unreliable sources of proof of a robot’s performance. Basically, he goes into detail about how Metatrader backtests are done minute by minute rather than tick by tick which would give the EA’s true performance.
This means that the data it is back tested on is actually very unreliable, which is why Andreas insists on focusing most of his proof on live statements. This also explains why there are so many Expert Advisors that perform so poorly when traded live but can generate amazingly profitable backtest trading statements. Forex Crescendo is set to be available for download to everyone on the 28rd of September. If you are interested to find out more about Forex Crescendo, you will definitely want to see the limited time Forex Crescendo Bonus Download at the link below first.
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