Forex_Bling ThunderBolt EA is the first robot to make it into my Live Trading account.  This robot seems to be the most profitable robot so far and convinced me to put it into my live account.

Yesterday it traded two trades for a profit of $14.20.  Two trades were with 0.2 and 0.3 respectively.

Forex Bling Thunderbolt EA went Live

Keep Following

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling ThunderBolt went Live

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Fractals 4 - Proven Robot and is FREE if you order now.

Another robot that comes with Forex_Bling is Fractals EA and this is given for FREE.

Last week I was lazy to set up the Fractals EA, but I have setup everything just now. I have also increased the lots from 0.01 to 0.1. I still need to see how money management works with Forex Bling, I mean there are some recommended settings within the manuals and I need to look at them carefully. The numbers I have seen were 1%, 1.5% and 2% and these complies with proper forex trading account management rules. I know that Forex Bling is different from other robots!  I HIGHLY RECOMMEND this robot, and you can test it form 60 days.

This is taken from the product page:

Fractals-4 EA is a Combined High Volatility Breakout Trading and Low Volatility Breakout Trading System.

Many people believe that the markets are random. They believe, like Burton G. Malkiel in his book A Random Walk Down Wall Street that throwing darts at a dartboard is likely to yield results similar to those achieved by a fund manager.

We do not subscibe to such an idea, but truly advocate the idea that focused attention to the market and rigorous analytical activity will yield solid predictions. High Volatility breakout trading systems are based on the premise that if the market moves a certain percentage from a previous price level, the odds favor some continuation of the move. This continuation might only last one day, or go just a little bit beyond the original entry price, but this is still enough of a profit to play for. A trader must be satisfied with whatever the market is willing to give

Low Volatility Breakout is a trading style specializing in taking profits on small price changes, generally soon after a trade has been entered and has become
profitable in a Low Volatility market. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains that the trader has worked to obtain. Having the right tools such as a live feed, a directaccess broker and the stamina to place many trades is required for this strategy to be successful.

Good Trading

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling – Fractals Set Up

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Forex Bling - Could be the BEST Robot Ever. TRY IT FOR FREE

So after a bad start, apparently a glitch in ThunderBolt EA with some brokers, the Forex_Bling robots seems that now they have settled down and are recovering the initial big loss.

As I said in my previous post, there was something wrong in ThunderBolt EA since it was trading outside normal scalping hours and scalping is not meant to be done during busy market hours. ThunderBolt EA was trading all day Of course it suffered huge losses!!

Forex Bling Creators Prompt Robot Fix
This is the email received about the update. Prompt update of the robot! This is why you pay monthly fee, which you normally get in 1 day of trading! Have you ever got an update of 99$ crap dollar robot so fast? Fap Turbo … yes released couple of versions, which made the robot worse? IVYBot…update came 5 weeks later, and again made the robot worse, it was already worse, then it got even worse?

This is why I have high hopes in this robot – Forex Bling. I would recommend to go and get your copy now.

Anyway this is the email…

Dear Forex Bling Members,

Some members report the Thunderbolt EA trades more than our forward account.

The problem exist at some broker (only at demo account) and we already foudn what the cause of this.
We also add additional information at the screen, so you will know if the Thunderbolt EA running at the correct time.

- At attachment of this is email you will find thunderbolt-909B.ex4
- Replace your Thunderbolt EA (thunderbolt-909.ex4) with the new one (thunderbolt-909B.ex4).

Or you can download the entire package from our Member area.
Our Member Area locate at:

Http:///www.forexhope.com

If you have not receive your login details, please use Forgot Password function.

The correct trading time:
=> Thunderbolt EA trades for 2 hours/day as soon as New York market closed.

Example:
- New York’s market right now close at 20:00 (GMT)

For more information when New York market close, go to this link:

http://fxtradeinfocenter.oanda.com/market_news/fxmarkethours/

This is the example how to set Broker_OffsetHour at Alpari Broker:

- The New York market close at Alpari server time, at: 22:00 (2 hours ahead GMT).

So I set: Broker_OffsetHour = 2

We also have add some FAQ:

1. Where is the URL address from ForexHope to track the forward Performance for each of Forex Bling Expert Advisor.

Answer:
Go to: http://forexbreakthrough.com/performance-review/forex-bling-ea-review/

2. What is the best performance EA at ForexBling package?

Answer:
No 1: Thunderbolt EA
No 2: Fractals EA
No 3: Thunderstorm EA
No 4: Freedom EA
No 5: Evolution EA
No 6: Grid Specialist

Note:
We list Grid Specialist as no 6 not because of it’s performance, but because Grid Specialist EA working as a grid trading system which this trading system needs you to have the ability to sustain the temporary drawdown.

3. When the delivery schedule for Thunderstorm EA and Grid Specialist EA?

Answer:
We deliver at the first week of October 2009. Subscribers before October 2009 get additional 30 days subscriptions if you unsubscribe.

4. What are the best currency pairs for FREEDOM EA?

Answer:
We run our FREEDOM using 5 currency pairs below:
EURUSD, USDGBP, USDCHF, USDJPY, AUDUSD and EURJPY

Based on 6 months forward test, we found that the best 2 currency pairs are: AUDUSD and EURJPY

NOTE:
- We will have new version for FREEDOM in October (version 910) with some additional feature and improvement.-

- I will send a full statistic report this weekend (Currency Performance for each of Forex Bling EA based on our forward test) for: FREEDOM EA, THUNDERBOLT EA, FRACTALS EA, EVOLUTION EA.

5. Can I keep Fractals-Wizard if later I unsubscribe Forex Bling?

Answer:
YES. Your Fractals Wizard EA will be yours forever with a lifetime update as long as you do not refund the 1st quarter ($99).
After the 1st quarter if you unsubscribe, the EA still yours forever, including the next update.

Best Regards,

Forex Bling Team

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling Update

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Notice the violent up trend - 15min Bar Chart

I just woke up and checked how our new Forex EA is doing. Well we are around -$100 down – not a good start.

Analysing what happened, Forex_Bling did pretty good trades during the night, but this morning the market got crazy. ThunderBolt which is a grid trading robot, closed most of its trades at a loss due to the violent up trend that occurred in the market within an hour or so and kept going up for a couple of hours. Of course a grid trading robot is not adequate for such reaction, hence the losses. At least the losses are not huge and are around $25.60.

Looking at the screen shot on the left, the chart is 15 min chart.  The red / green arrows indicates where Thunderbolt was trading.   As you notice this EA is excellent for choppy markets, or in other ways, pairs that are not trending, or that.  I bet AUS/NZD and EUR/CHF can be good pairs for this robot.

Anyway, I am not defending in no way Forex Bling – you know how blunt and critical I am at these robots and in all my reviews, but I am just explaining why we have started with a loss. On the contrary then Freedom Robot which is a trend robot, produced a good trade of $48 profit confirming what’s its main duty is.

For next time, keep following this interesting robot.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling – First Trades

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I have setup Forex Bling on a $5000 demo account and we will see how it goes.

I have left all the default settings for every robot.

From what I have seen, all the settings available are pretty straight forward. What is a bit annoying is that you need to input the confusing GMT Offset Settings. But anyway, the rest is pretty straight forward.

Keep Tuned, this can be a great robot.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling Setup

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