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Avatar Username Experience Location Posts Member Since
Overdrive More than 5 years Brazil Flag 0 Oct 03 2015 at 14:38
overdrivejeff No Experience - 0 Jan 08 2016 at 10:31
OveRDrive4 No Experience - 0 Jan 13 2020 at 20:10
overdrive90 More than 5 years Russia Flag 1 Dec 20 2013 at 06:31
Name Gain Drawdown System Trading Type Leverage Started Tracking Discussion
Forex Overdrive - ThinkForex +0.00% 0.00 Fundamental Automated Demo 1:200 0 0
Overdrive + Megadroid +0.00% 0.00 - Automated Real 1:500 0 0
OverDrive +0.00% 0.00 - - Demo 1:0 0 0
Forex Overdrive +422.47% 46.48 - Automated Real 1:0 Mar 31 2010 at 00:00 40 20
OverDrive5 -59.79% 98.78 - - Real 1:1000 Jun 21 2013 at 00:00 1 0
Golden Goose Overdrive +25.55% 31.26 Technical Automated Real 1:1000 Mar 04 2016 at 00:00 2 0
ubernova (ubernova)
Nov 25 2009 at 21:43
16 posts
this verification system couldn't come sooner!

question to staff:- apart from ad revenue, is there any plans to generate more income, i.e charge investors when a contract/transaction is decided with a trader you recommend based on the investors requirements etc? its a fantastic performance service for us traders, but the real cash would be in a 'dating service' for introducing investors with traders etc? sorry just my old web design mind ticking on overdrive!

Staff (Staff)
Nov 25 2009 at 22:38
1387 posts

ubernova posted:
    this verification system couldn't come sooner!

question to staff:- apart from ad revenue, is there any plans to generate more income, i.e charge investors when a contract/transaction is decided with a trader you recommend based on the investors requirements etc? its a fantastic performance service for us traders, but the real cash would be in a 'dating service' for introducing investors with traders etc? sorry just my old web design mind ticking on overdrive!



Simon, this is a nice idea, but we wish to keep our service free of any charges 😄.
WayneO (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
primevalea (primevalea)
Sep 17 2010 at 20:58
edited Sep 17 2010 at 21:00
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 😎
tumbleweed (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 (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.
fxoverdrive (fxoverdrive)
Jun 10 2010 at 18:42
8 posts
It's a combination of The Forex Revolution and Forex Overdrive.
stevetrade (stevetrade)
Jun 10 2010 at 17:45
1408 posts
Is this the forex overdrive EA?
fxoverdrive (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.
wolfy (wolfy)
Oct 16 2011 at 08:32
11 posts

   Sarkel posted:
   Hello all.
I just want to say that:
As with anything, you need to know what you are doing.
It seems that using EA 'Blessing' is like driving a car. And like with the car you need to know how to drive. When you do - it works.
The goal: move from point A to point B = make money
The means: speed, to get there faster (faster= more dangerous) = make more profits, more profit = more risk.
The method: GPS, maps, word of the mouth, view of site etc. =technical analysis.

When you are on the road and the road is clear, you steer your car and accelerate. When unclear - you stop, find directions even go backward. I hope you understand the simile.

I find the 'direction' (trend) using my own methods; I am sure everyone has his/her own ways to analyse the charts. And I simply tell EA 'Blessing' which way to go; modifying its settings helps to set the speed (profit/risk). It is just that simple.😄

Example:
_ph.terraimpera.com/10-12-2011%2012-34-54%20PM-s.gif_
I 'set sail' last night. While I was sleeping EA made most of the profit. And the next morning I got to stop it, because EURUSD went into overdrive with 235 pips, which is a bit too much for the daily range. Besides, my daily plan is done.

Good luck to all,
Sarkel


Nasim, how clever do we have to be to 'change/alter' these EA settings? I'm new at FX and MT4. About 6 months experience.

Wolfy
Sarkel (Sarkel)
Oct 12 2011 at 17:18
edited Oct 12 2011 at 17:19
21 posts
Hello all.
I just want to say that:
As with anything, you need to know what you are doing.
It seems that using EA 'Blessing' is like driving a car. And like with the car you need to know how to drive. When you do - it works.
The goal: move from point A to point B = make money
The means: speed, to get there faster (faster= more dangerous) = make more profits, more profit = more risk.
The method: GPS, maps, word of the mouth, view of site etc. =technical analysis.

When you are on the road and the road is clear, you steer your car and accelerate. When unclear - you stop, find directions even go backward. I hope you understand the simile.

I find the 'direction' (trend) using my own methods; I am sure everyone has his/her own ways to analyse the charts. And I simply tell EA 'Blessing' which way to go; modifying its settings helps to set the speed (profit/risk). It is just that simple.😄

Example:
_ph.terraimpera.com/10-12-2011%2012-34-54%20PM-s.gif_
I 'set sail' last night. While I was sleeping EA made most of the profit. And the next morning I got to stop it, because EURUSD went into overdrive with 235 pips, which is a bit too much for the daily range. Besides, my daily plan is done.

Good luck to all,
Sarkel
aryaforex (aryaforex)
Jun 01 2011 at 13:40
276 posts
Now, powered by Megadroid v1.35 (aggresive), Piplaser, ForexSTF, Forex Overdrive v3, Forex Growth Bot v1.5, Fxvoodoo v2, and Fxvoodoo v3.
aryaforex (aryaforex)
Jun 02 2011 at 04:02
276 posts

aryaforex posted:
    Now, powered by Megadroid v1.35 (aggresive), Piplaser, ForexSTF, Forex Overdrive v3, Forex Growth Bot v1.5, Fxvoodoo v2, and Fxvoodoo v3.


Forex Growth Bot is deactivated now.
amelabs (amelabs)
Mar 30 2011 at 00:33
67 posts
My nerves are on overdrive! I'm racing against the clock but all the USD pairs have gone flat and are costing me money. JPY pairs still seem to be trending so I am now trying my luck on a new pair. Robot is turned off and now trading 100% manual. Others seem to be dropping off the leader board too so there may still be hope for me.
fxtyson (fxtyson)
Apr 25 2011 at 17:13
4 posts
hi there , what is your sitting for the OverDrive ?!
what did you put for the trailing pips and the trailing trigger?

thanks alot
crescent (crescent)
Aug 27 2011 at 10:51
70 posts
Hi, killerkhan


EA:Forex Overdrive
Referral Link: https://forexoverdrive.com/

I use this EA, but not fully automatic.
Controlling trades manually - reading market condition, adjusting lot size by the current market condition, and which direction to go on from point of view of mid-long term in order to avoid big losses and maximize profits, as well.
Once the trade hit SL that might not be happened frequently, it will be 30%-35% drawdown.
With simultaneous consecutive losses, trade may be catastrophic!!
That's why I call this is very gambling!

Regards,
BluePanther (BluePanther)
Nov 29 2011 at 13:45
1344 posts
'I have had crap for results with FapT and megadroid is incredibly slow on its recovery from a loss, so.....I gave up on both of those a long while ago. So far, GPS is the only EA I have seen that holds a steady upward run. It isn't fast, and I hate it when it loses and does the recovery trade(because it is enormous), but...the GPS works.

Now, if I knew exactly how each of those systems (megadroid and Fapt) work, I might consider running them again. In that instance I could decide if it was a good day for them or not. As is.... I do not trust either of them.'

----------------------------------------------------------------------------------------------------------------------------------------------------------

Totally agree fughe.

Same goes for Swiss-Accu Scalper, AUDNZD Retracer, Forex Overdrive, etc. Tried on other brokers with mixed results - NOT GOOD ENOUGH!!!

To any developers out there that think they got what it takes: GOING BACKWARDS IS NOT AN OPTION. A GOOD EA ONLY MAKES PROFITS.

I remember seeing a table which illustrated the gains required after losing x% of one's account: after losing x%, a trader / ea must work doubly hard to make back the losses PLUS make profits on top.

What ever happened to strategies used by 'The City' broker (London GB) that gave away his millions from trading to start from scratch again, only to be back in millions a year later?? (I read this in my local paper in Australia)

What ever happened to strategies used by the Chinese maths teacher, who stayed up late and learnt about forex, who eventually retired within a month of trading forex?? (https://forexclub.biz/ - information 'outdated' so was removed from site)
anik2050 (anik2050)
Jan 08 2013 at 14:49
1 posts
I use forex overdrive version 3.It made huge drawdon in EUR/USD pair.Any suggestions to improve the results is highly acceptable.
johannothnagel (johannothnagel)
Jul 05 2012 at 06:10
32 posts
Hi Barry,

Thanks for your honesty on the 'Million Dollar Pips' Robot - Like said, I did try live trading thou. I win, then loose and then fight back to get my losses back. It can not carry on like that !!!

I have only one live account with Alpari UK, with a > $23,000.00 deposit placed. Like also said I have 3 Robots running on the same account. Million Dollar Pips are now running for a week and no trades were made at all !!!!!!!. PipJet makes 3 trades a week (still new system) and all are profits so far.

You think I must buy Forex Envy instead of Forex Overdrive ? Please see attached According to https://fxtradingreviews.com Forex Envy are third on the list. I think I am going to give Forex Envy a shot at this. Hahahhahahaha - How many Robots can run on one account ?

Johan.

PipGunner (PipGunner)
Oct 31 2013 at 08:24
1 posts
Who said Forex Growth Bot team developed this... ? Mike Rose from Forex Overdrive Team did.. get it right.
No strategies found.