Forex Hacked Pro is a new membership option giving you access to not only their Forex Hacked EA, but also their all new Pro EA as well. So with the Pro membership you’re getting two highly profitable forex robots to trade on two seperate live accounts and unlimited demos. You can purchase the Pro package straight up for $329.99 or upgrade an existing basic account for $130. The Pro membership is being sold on the Regnow payment processor.
Remember, ForexHacked Pro is a completely new robot unique to the original. It is not an update to Forex Hacked 2.5 so you can’t expect it to replace it and take over it’s trades because it can’t.
Strategy
This uses a similar strategy as their original Forex Hacked being grid based, but with the Pro version offering much more power adding a bit of scalping to the mix. The Pro version offers 3 unique strategies combined into one that can work together to help one another trade more effectively. You can turn each of these strategies on or off independently but it’s recommended to run all 3. For most of the currency pairs the optimized settings use a much lower TP than what most of us are used to on the original version with a TP of 45 pips. Trades are closed much quicker with Pro so you get a lot of little profits, but you get them all the time. So with if you run all the supported currency pairs, you can expect 4-5x the amount of trades than the original version.
Supported Currency Pairs: EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, AUDUSD, EURGBP, EURCHF and EURJPY. The riskier pairs being EURJPY, GBPUSD, and AUDUSD.
Optimized Settings: Highly optimized settings are included for all of the listed currency pairs above, each having unique TP and PipStarter values as well as magic numbers so once you load the settings for each chart you don’t have to go change all the magic numbers.
Turbo Mode: This feature is a great addition for pulling in more profits during flat, sideways markets.
Results
Due to the nature of the way Forex Hacked Pro and most grid systems in general trade, you can expect near 1:1 results in comparison to demo account versus live account.
Here is a look at an early beta version running at extremely high risk. There has been many many upgrades, improvements and optimized settings since this test started. The 84% drawdown was back in it’s first month where I had the risk turned to max to see what it could live through. More accounts will follow as the release to Pro nears.
Forex Hacked Official Real Money Account
Broker: FX Open
Account: $2000 Micro ECN/STP account running at 1:500 leverage
These tests are what you should aim for in terms of safe long term profits. Settings for each account are available once becoming a Forex Hacked member.
99% Quality Backtests
One of the very few systems of this nature that can shows profitable 5+ years backtests at 99% modelling quality across all major pairs.
Conclusion
This is a beast of an EA that while may be fun to use, should be used with caution. While I will have no problem running this on a live account, I will be doing so at low risk and withdrawing my profits every month or so. I recommend everyone doing the same if you’re trading this live. Let the fun begin!
Remember here at ForexFBI we encourage our users to comment freely about their experiences with this product including results, strategies, concerns and more. Please don’t hesitate to leave a comment or ask a question.
15% Off Coupon: FBI-FOVN-FBI
Visit Forex Hacked Pro Website
Forex Hacked Pro Rating
Forex Hacked Pro Review, Discussion And Testing, Google+ October 23rd, 2012 at 11:44 pm -
Loading ...
May 3, 2013
#1
Joe Stevens:
I asked you about the broker called Tallinex a while ago, who accepts US customers with no NFA restrictions on tradingrules and also allows 400:1 margin level. Are you familier with them ?
Gopal Shenoy
May 3, 2013
#2
Hacked has been working wonderfully for me over the past month. Im on gpdusd only and it makes roughly 1.5% per day. Very happy so far
May 6, 2013
#3
Just Hacked or the Pro version?
May 3, 2013
#4
Using just strategy 3 on 6 majors, I’m now up 125% in 3 months with a max DD of 20%.
I may have more profit if I had been running all 3 strategies on all 6 charts, but my DD may have been unbearable.
April 19, 2013
#5
On ForexHackedPro, each chart should have different magic number for each 3 strategy ?
E.g. I attached it 3 charts EUR/USD , GBP/USD and CHF/USD and it uses 1000, 2000 and 3000 magic numbers for all charts by default. Would this cause a problem ?
April 3, 2013
#6
Joe Stevens,
Can you possibly give some insight as to the US client issue with non US brokerages relating to the Hacked and Hacked Pro EA’s. It seems there are a few places around like FXVV, possibly FXDD, and maybe 1 or 2 two others who accept US clients but it is nearly impossible to tell if they are ligit brokers or not. Any highly used and/or recommended brokers i.e., fxopen, Finfx.fi, Trade Fort or Profi Forex (from your post #96) it seems very difficult to tell if the EA will work with some of the brokers as it seems to need to do hedging, and NOT operate as a FIFO brokerage (all of which have been destroyed by the idiots making the rules here in US. Also the leverages between brokerages are all over the place. Can you make a good recommendation for starting with a 500-1,000 USD account to make sure a brokerage is real and up front, then going to 30-50K to really get things moving. I traded with Dukascopy before and may look into them again but I cannot start with the smaller account size with them. Thank You.