Review of the Forex Hacked forex robot.
15% Off Coupon Code Below!
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Forex Hacked | GBPUSD / USDJPY / EURUSD / EURCHF | H1 / M30 | A mix of hedging, martingale and break-out. | Yes | Yes | 18-132 | Trailing take profit. | Forex Hacked |
Performance (Forex Hacked Results)
Custom Forex Hacked Settings (Join the VIP section to gain access to them)
Notice: Unfortunately my broker has a 500 trade limit. What this means is that MT4Live loses track of all the older trading history making the statement incomplete resulting in messed up equity graphs which you will see. The balance you see in the image above is what the account is currently up to from it’s original $1000 starting point. So That’s $37,000.00+ gain off a $1000 account in just over a year. The power of Forex Hacked 
New Live Account (FX Open Broker)
I’ve got more test accounts in the works with new settings, and new pairs so keep checking back.
License
Forex Hacked is a membership based platform. Therefore you must create an account on their amember back-end, then once the account is created it will direct you to their regnow.com order form. Once payment is complete, it will take anywhere from 10 minutes up to 3 hours for your account to be activated. At which point you will be able to download any version of Forex Hacked, and add your forex broker account number to your profile as the EA will be tied together with your Forex Hackedaccount for authentication purposes.
Strategy
Forex Hacked uses a form of doule-sided martingale as its core strategy, while using hedging and break-out trading as a form of protection from large draw downs. So no matter what you do, when you attach it to a chart it will make money, its just a matter of controlling the draw down.
Recommended Brokers
Forex Hacked will not function properly on NFA regulated brokers, but will work on anything else whether it’s 4 or 5 digits and ECN or not.
FX Open is a great broker for running Forex Hacked’s strategy, I highly recommend it for micro accounts.
Conclusion
Forex Hackedis a very powerful EA but can also be very dangerous if you get too greedy. It can double your account size in less than a week, but it has the chance of getting a margin call if the markets go very bad and you are running high risk settings. There are many Forex Hacked users that run moderately high-risk settings and double their equity within a 1-2 weeks, and then close all open trades when the open P/L is respectable, and withdraw their earnings and start over. A great strategy to use with this very powerful EA.
Safe To Buy?
YES!
Forex Hacked has been approved for you to purchase based on its extremely consistent profitability, along with the double take-out method for equity protection.
15% Off ForexFBI.com Exclusive Coupon Code!
FBI-FOVN-FBI
I have worked out a deal with the guys over at Forex Hacked to get you guys 15% off by using the coupon code above. It will only be valid for a few days and limited to 100 uses so take advantage of it while you can.
If the coupon code box is not being displayed on the order form, try this direct order link which will subtract the 15% automatically.
15% Off Direct Link
Make sure if you use the direct order link above that you first create an account at ForexHacked.com and use the same e-mail address when ordering.
Overall Rating
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February 1, 2012
#1
Does anyone have a strong opinion one way or the other about the optional mass hedging feature? Has anyone been using it? How has it been working? What are the pros and cons of using it?
Any information anyone can offer would be appreciated.
Thanks,
Joe
January 27, 2012
#2
What is the setting used for the ForexFBI ‘s results? Please someone share the settings used to acheive the results shown in this live FXOPEN account
January 27, 2012
#3
@jakatekutli,
The settings depend on your balance and leverage.
First try to understand the working of FH.
If you understand, you can limit your risks.
You always have losses, but more profit then losses if you use correct settings.
What is your balance, leverage?
January 29, 2012
#4
Hello Bartes what settings do u prefer to minimize the risk. What is your best practise to be on profit. I have laverage 1:500 starting balance about 1k settings 100 80 like a walter mbs 7/7 gbpusd. I use forexfactory signals and admiralmarkets brooker. What is the best way double and withdraw or u use another strategy. Thanks for all
January 26, 2012
#5
HELLO WHAT SETTINGS DO U USE? THERE ARE MANY SETTINGS BUT EVERYONE KNOW THAT MANY OF THEM ARENT WORKING WELL AND BLOW UP EVERY ACCOUNT. walter974 IS THE ONLY ONE WHO PUBLICATE ITS WHICH ARE WORKING WELL BUT PROFIT IS TO LOW. IS THERE SOMEONE WHO USE FH LUCH LONGERTHAN YEAR WITHOUT BIG LOOSES TO STAY ALWAYS ON PROFIT??
jakatekutli@gmail.com
January 25, 2012
#6
I have been running FH on a HotForex account for the last couple of months without any problems, however, because I wanted a slightly different account, I moved FH onto the new account (also with Hotforex) and now I can’t get it to run. I have changed the account number on the FH website and I have a smiley face on the chart, but under the Experts tab on the trading platform, I have loads of messages saying ‘EUR/GBP invalid ticket for order modify function’. Has anyone any idea what that means and how to fix it?
January 24, 2012
#7
I use only one pair gbp/usd with IAMFX
January 24, 2012
#8
Only one pair GPB/USD with iamfx , you can use theyr VPS and i find it very easy
January 24, 2012
#9
Ok, There is just one thing I don’t get.
If I see forexhackedfbi MT4 live, then I see that lot size starts to get higher and higher after a year.
Do you change something in the parameters after a few months to gain more, and wich parameters do you change then. Or does the EA know your balance, and takes higher lots automatically when your balance is bigger?
I first want to start a few months with 0.01 to start with.
But after these months i’ve gained some money,
I want to use it to gain more and more slowly off course.
Then my money makes money.
But how should I do that, suggestions?
admin, you seem te be an expert
, can you tell us
January 20, 2012
#10
Hi, the best setting in 80 PS 100 TP booster 1.6 lot size 0.01, the only one that really work!!!!!!!! an account of 1.000 dollar give you 200 dollar montly with a little DD. Don’t belive to the standard settings. I am live since april 2011 with great results
January 21, 2012
#11
1.000 or 1000 account size will you tell me p.
January 23, 2012
#12
Hi Walter, which broker did you use? Which pairs?
January 24, 2012
#13
Hello walter974 can u tell me what laverage do u use?? can u answer jakatekutli@gmail.com
January 25, 2012
#14
Can you provide your complete FH settings.
January 26, 2012
#15
Thanks Walter. I am using your settings on GBPUSD and already profited $20. I have added it to EURUSD to see how it does.
January 19, 2012
#16
Hi Everybody,
First of all, this is an amazing site. I read allmost all the comments of forexhacked on this forum. I’m backtesting a little bit, and want to go live soon.
But my demo account is 100.000 euro, leverage 1:200.
I’d love to try it with a 1000 euro demo account to see how it will act in real.
If I want to go live, for eg. with an account of 1000 euro, what settings would I use then.
I would like to trade EURUSD
my broker is http://www.markets.com
Account 1000 euro
0.01 lot will cost me 5 euro
Sow what settings will i use.
If I’ll take Vip Live settings, then I’m broke within a week i think
what is the best way then to be save, limit the amount of open sell/buy positions to 6?
because:
6 postions will cost then 5+10+20+40+80+160= 315euro , and the market still moves…
or is it better to change an other parameter.
Thanks in forward for the reply’s and advise!
January 17, 2012
#17
Dear All, do I need to set iStopLoss to “true”? I plan to open a 5K live account with standard settings (35 TP, 21 PS, lot 0.01, booster of 1.65). if the iStopLoss is set to 200 pips, do you think it can handle huge drawn down? Thank you for your reply.
January 9, 2012
#18
Hi Nick,
Thanks for your post. In fact, I had already read through the information you posted some time earlier (a few months ago?). I’ve run through everything but am still encountering the same issues. What’s really odd is that I’m running similar settings on 2 instances of MT4s. (that is,I am running 2 MT4 applications from FXOpen) They’re different accounts, of course, and I’ve never had any issues previously. It’s only after the holidays that I’ve been encountering problems with running the EA on one of the MT4s. Thanks for any guidance you can provide.
January 9, 2012
#19
Admin or ? … Anyone else can tell me if FH will work with other currency pairs that are not listed on the website ? For example will it work with AUD-CAD ? This pair is not listed on the site as one of the pairs to be traded, but can it be traded ? The reason I’m asking is the way i understand this strategy works the best in sideways price action the better the profits and lower drawdowns will take place. Not TRENDING too much. This pair is one of the choppiest pairs i have found and seems like it would be a trading ATM machine if it can be traded.
Thanks for any help with this !
January 11, 2012
#20
It actually works well on USDCAD and EURCHF if you use proper settings.
February 1, 2012
#21
I would stay away from any currency pair involving CHF or JPY due to the fact these countries will intervene at any even time. I can personally attest that I took a hug blow to my first live account last September when the SNB intervened on EU/CHF. They shot the pair up so high that it wiped my acct. I would highly advise stay away from that pair.
February 1, 2012
#22
I think AUD/CAD is an excellent pair to trade FH on. As you state it trends less than G/U and it ranges well. You won’t make as much per month compared to G/U, but the most important thing you do is reduce your overall risk. I have been demo trading this pair for the last little while and it’s been good. Will probably go live soon with it and may increase the booster to 1.8 from 1.7 as I am confident this pair does’t trend hard based on looking at historical charts of this pair. Good luck!