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Forex Overdrive (By fxoverdrive )

Gain : +422.47%
Drawdown 46.48%
Pips: 1327.4
Trades 603
Won:
Lost:
Type: Real
Leverage: -
Trading: Automated

Forex Overdrive Discussion

Steve B (stevetrade)
Jun 10 2010 at 17:45
1415 posts
Is this the forex overdrive EA?
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
fxoverdrive
Jun 10 2010 at 18:42
8 posts
It's a combination of The Forex Revolution and Forex Overdrive.
Steve B (stevetrade)
Jun 10 2010 at 19:08
1415 posts
Nice, I may have to take a look at those
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
fxoverdrive
Jun 11 2010 at 12:44
8 posts
It's doing great for me :).
Steve B (stevetrade)
Jun 11 2010 at 14:34
1415 posts
Any chance you can split your trades out by Magic Number so we can see which is which?
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
will schaarrand
pipinvestment0
Jun 13 2010 at 09:44
59 posts
Thumbs Up. Nice system. Real account with honest broker. Fully Transparent. The deal Real. I am very happy to see this!
fxoverdrive
Jun 18 2010 at 14:46
8 posts
Hmm, I believe i had it set that way. .01 and .02 is forex overdrive. Forex Revolution are the higher ones.
fxoverdrive
Jun 18 2010 at 14:46
8 posts
In terms of lots.
fxoverdrive
Jun 18 2010 at 14:46
8 posts
primevalea
Jun 26 2010 at 19:14
449 posts
This EA is a scam, real performance here:

https://www.forex-robot-hazard.com/overdrive/overdrive.html
https://www.forex-robot.com/1statements/overdrive/statement.htm

https://www.mt4i.com/users/overdrive
(here for example the balance is 2 611.01 and the equity is 895.08 and getting worse, this is normal with this kind of EAs)

Some Backtests:
https://www.4xproject.com/ee/index.php/forexrobots/backtest/forex_over_drive

Beware of this EA's 328 pips SL!

I think you could make an EA to open randomly BUY or SELL orders with 10 to 25 TP and a 328 pips SL and you will get the same or even better performance 😈.
Money makes more money $ ... $$$
kingdoom_5
Jul 07 2010 at 05:42
9 posts

primevalea posted:
    This EA is a scam, real performance here:

https://www.forex-robot-hazard.com/overdrive/overdrive.html
https://www.forex-robot.com/1statements/overdrive/statement.htm

https://www.mt4i.com/users/overdrive
(here for example the balance is 2 611.01 and the equity is 895.08 and getting worse, this is normal with this kind of EAs)

Some Backtests:
https://www.4xproject.com/ee/index.php/forexrobots/backtest/forex_over_drive

Beware of this EA's 328 pips SL!

I think you could make an EA to open randomly BUY or SELL orders with 10 to 25 TP and a 328 pips SL and you will get the same or even better performance 😈.



lol uh ya forex over drive is a new ea i been looking at it that ea by its self the forex overdirve like to be in dd alot of the time it will ' will take you for a ride like a bull ' then when you say i want off it goes up lol it does have a big sop losss on it some time i have seen it down 150 pionts / 100 pionts in dd alot i cant say for this guys account but i have seen it on test accounts by its self i cant say its a scam yet but just needs more time so for you new people out there let the e.a. prove to you it works dont hope it does let hope this ea stays on its good side 😁
primevalea
Sep 17 2010 at 20:58
449 posts
This EA sucks I don't know the method used to fake the results but I see this EA got many SLs lately and on your accounts they're never shown, none of them, besides the developer admitted that this account is not being ran solely by Overdrive, He uses some other EAs and other techniques to manipulate results from Forex Over Kill 😈

🙄 The reality is that your account would be wiped by the 328 pips SL anytime .
No one smart enough and with a little of Forex knowledge would use this on his/her life savings account 😲.

By the way, who rules 😀?
https://www.forexpeacearmy.com/test_lab/all_forex_tests
https://www.bestforexrobots.net/

Why not to show these fake results on FPA with investor password? They're too fake to try to impress people?

Rgds 😎
Money makes more money $ ... $$$
tumbleweed
Sep 20 2010 at 17:09
21 posts
I have been watching this robot for a few months on bestforexrobots.net and Forex Tool Shop, and now, myfxbook.com. Yes, bestforexrobots reflects a 328 stop loss per the EUR/USD, but overall results are not bad. The account is currently in a fairly large draw-down. This robot could blow an account, and in fact the balance did go below zero in testing at bestforexrobots.net Forex peace army reflects profit at something over 5% per month. I don't understand the difference in profit from so many sites and brokers. If the developer is running this EA in combination with another, for myfxbook.com, it would be appreciated if the version he is using on myfxbook.com be released so we could take advantage of the new strategy.
fxoverdrive
Sep 21 2010 at 04:03
8 posts
It varies, from broker to broker, account type, leverage, and risk settings. That's why it varies.
Wayne Ovenstone (WayneO)
Sep 22 2010 at 06:18
53 posts

fxoverdrive posted:
    It's a combination of The Forex Revolution and Forex Overdrive.

Hi

Please would you provide links to both the software programmes listed above so that I may take a look at information provided by the originators of the software?
Thanks
Wayne
It's amazing what you can accomplish if you don't care who gets the credit.
tumbleweed
Sep 22 2010 at 15:19
21 posts
The results displayed on myfxbook.com look very good. Do you have plans to release a new EA which reflects the combination of Overdrive and Revolution? An adjustable or tighter stop loss would be appreciated as a 328 pip stop loss could result in a margin call.
 A very low percentage of account equity would have to be used per trade to withstand a 328 pip stop. Can you control stops with risk settings? It would be educational to review results based upon the various risk settings. You surely have a winning strategy.
fxoverdrive
Sep 23 2010 at 00:03
8 posts
www.forexoverdrive.com - Forex Revolution was only used on this account for a week.
primevalea
Oct 05 2010 at 04:34
449 posts
Low Drawdown: 🙄46.48%

Suitable for any account size 😁
Money makes more money $ ... $$$
fxoverdrive
Oct 05 2010 at 18:04
8 posts
If you notice. The last few losing trades had no stop loss... this is because it was NOT forex overdrive trading. This is a personal account. Sometimes, I test other software.. and the test, resulted in a bad loss.
primevalea
Nov 11 2010 at 05:47
449 posts
🙄Last Updated: Oct 02 at 06:43
Money makes more money $ ... $$$
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