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Forex Torpedo
 
Tested Result: testing
Forex Torpedo
 

Updated: March 2010

Profitable: 5/10

Easy To Follow: 5/10

Honest Result: 5/10

Support: did not test support

Bonus Value: 0/10

Results: 2/5

The Good: Trades several pairs. Very cheap.

The Bad: Backtest does not show good results

 
 

Torpedo looks like one more $97 junk bot to me. All the backtests except USDJPY show terrible results. The developers did not bother to show any proof of trading at all. Conclusion - nothing interesting here. Cheap low quality robot.

Forex Torpedo EURUSD 2005-2010 Backtest:


Forex Torpedo AUDUSD 2005-2010 Backtest:

Forex Torpedo GBPUSD 2005-2010 Backtest:

Forex Torpedo USDJPY 2005-2010 Backtest:

 
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Forex Risk Disclosure. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.