Forex Bling – Fractals Set Up
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
Forex Bling Statement
The following is the REAL Statement published automatically by MetaTrader where Forex_Bling is running. So far the robot is running in a demo account, since it is still brand new. The report will be automatically updated every hour since this is a pretty active robot.
Initial demo account balance is $500. We will investigate the robot profits, the drawdown, and most importantly risk management by the robot.
Note: Due to an early bug in ThunderBolt – see this post – Forex Bling Update, the account went down to by -$200, so realistically we started the real test with $4800 balance, However I did not started the demo test from scratch since there were some trades by the other robots.
Also since 16th September, I changed the lots sizes as follows so as we identify which trades are of which robot. They are all running in one account, so it was a bit confusing. Lots are as follows:
Thunderbolt EA: 0.3 lots
Freedom: 0.1 lots
Evolution: 0.15 lots
Fractals: Most often under 0.1 lots since you can’t modify the lots of this robot.
Forex Bling Statement
Forex Bling – First Trades
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.
Forex Bling Setup
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.
Forex Bling Review
Forex Bling - Could become the BEST Robot Ever. TRY IT FOR FREE
So we got another new robot today – Forex_Bling. This looks to be an excellent robot, and not the similar crap we normally get by $99. Let me tell you how I came to know about this robot.
Yohanes R. Gagahlin contacted me personally to beta test his bling robot couple of weeks ago. We exchanged couple of emails and I confirm that Yohanes knows his job and he seems to be a very honest person.
The following is a short bio about Yohanes:
Yohanes R. Gagahlin is the founder of Switch Capital Management and Forex Hope, an international forex trader, trainer and speaker. He is a forex specialist with more than 10 years experience and he also managed funds for the past 3 years with an outstanding record of success.
Without doubt I got interested in the robot. When I personally contacted some robot owners prior their release, asking them for beta testing, no one really bothered to answer my request!
So what’s inside Forex Bling
You can read the sales page for great detail, but lets just give an overview of the robots, since then I want to talk why this Forex Bling got my attention, and hopefully we add this robot to our automated robot arsenal – is not that we have many anyway 
So with Forex Bling comes basically 4 trading systems:
- Scalper – Thunderstorm EA (*)
- Trend Follower – Freedom EA
- Breakout – Evolution EA
- Grid Trading – Grid Specialist EA
Yes 4 robots and thats a nice mix of trading systems! In a nutshell you can use all the four in the same broker account. In fact this is what is recommended to do for optimal results.
You can find all the details in the product page.
Why Forex Bling got my eye:
These are the main reasons why I decided to purchase Forex Bling, after the successful 1 week beta trial.
Reason 1:
The robots where developed by a real forex trader, and not an internet marketer, hiring MT 4 developer from freelanced sites. So I presume that these robots should have an edge over the useless robots. Forex Bling should be better of course.
Reason 2:
Unlike many new robots, the results are back tests. How do I know? Just look at this picture.
typical robot back test - USELESS
That’s a back test, that is test based on old data. Of course the back data most often is modified to make the robot looks profitable. Then you wonder why the robot is not profitable for you, but it is for them. They have modified data in their favour – so it is not your fault.
Forex Bling have a statement similar to what I show in my results – directly from MetaTrader!
To see the live report, click the link below, then click the graph at Step 2. 1st July. Not bad isn’t ?
Reason 3:
It comes with 4 robots with completely different trading strategies. Very cool indeed.
Reason 4: Most Important
Market change all the time. Yes wave patterns for example change frequently. So the robot if not updated to support the latest market conditions, the robot will not be anymore effective. Fap Turbo is the classic example. It was profitable in the beginning, but then not anymore, since the creators have not updated the robot anymore. They ran with our money to put it bluntly, and I heard they are going to release another fap turbo soon – I heard, I don’t know.
Yohanes assured me that he has full team behind him doing constant research to find the best model for scalping, trend trading and breakout. Yes that’s unique, thus hoping the robot will last for long.
Hurry!
Right now the price is $99 for all the robots per qourter, so $33 per month. Yes from experience you need to pay good money to get a good service. This is no different. Have you ever bought a $99 robot that delivered results? Maybe Megadroid, but you should be lucky to get 2 – 3 trades a week. I love Megadroid by the way, since it is the only reliable $99 robot in the market, but trades very little.
Yes back to Forex Bling, right now it is $33 per month, and for the first 100 customers will get Fractals 4 trading system, a robot that generated $3 789.47 since mid July.
Again this is not a crap bonus, giving mostly my others. This is a real deal, a real robot that works. See the page for live results on this robot. Hurry to get the bonus, the purchase is from Clickbank and you have a 60 day money guarantee usual.
What Forex EA will do?
All in all, I purchased Forex Bling, will be trialing it for the next two months. I wish I will not get disappointed by this, since I have high hopes on this Forex Bling.
I suggest you also get your copy now, so as you lock the price of $33 per month. If it doesn’t work, and you will see my results here too, you can always claim your refund. You have nothing to loose basically.
Forex Typhoon – another new robot.
Yes another robot was released today, but I am not going to test it. I have not watched the videos or analysed the landing page. I got to know about this robot from the same affiliate marketer that has been selling robots every week. This is the 4th robot this month!
He sent me the emails about the following robots-
So is not my fault that I don’t trust this guy anymore. I keep him in the list so as I know what robots are coming out
But I am going to introduce you to this new robot, which I have beta tested for a week – givin tome by the creater itself - Yohanes R. Gagahlin.
Watch this post for a full review – Forex Bling
Forex Bling ThunderBolt went Live
Posted by Forex EA - Jason on September 16, 2009 · Leave a Comment
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
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