Smart FX Technology

Johnnykanoo · #1 (**permalink**) 24-08-2011, 19:45

Okay guys here is another one i've been testing. It's called smart fx Forex Trading Robot - Best Selling Forex Robot - Profits Guaranteed
My first impressions....

Well for one The Developer, Robert has been awesome. He actually did a live session with me to make sure I understood his ea and that my settings were correct. He is very easy to contact and makes himself accessible.

As for the ea, well so far it has been doing awesome! With conservative settings this ea promises to make up to 30% monthly! Will this hold up over time we shall see. There are two different ea's. One is a super scalper and works accross 4 pairs and one is a breakout hunter and it works with eur/usd. Robert says the point is that both ea's "hedge each other" This makes them more consistant and smaller drawdown in the long run.

My results so far have been good. I have been trading this in demo. Just being a little cautious after my test account got killed by a different ea. I am going to go live with this ea next week. For now here is the myfxbook widget.

]

First impressions are great. Customer support is unmatched! and so far this ea has been doing so awesome and keep in mind it is August.

As always I will keep you guys posted.

Johnnykanoo · #2 (**permalink**) 24-08-2011, 19:50

Also I have noticed that usd/jpy has done the worst so far. But testing is in its infancy. having said that so far uj has had 10 losers and only 4 winners for a total net profit of -2.95% and total pips of -82.5

Overall smartfx has netted a whopping 985 pips and a total net gain of +39.75% in only 12 days!

Andrew · #3 (**permalink**) 26-08-2011, 00:08

Hi John, are you running both EAs?

Johnnykanoo · #4 (**permalink**) 26-08-2011, 00:11

yes I am running them on demo right now. Next week I will open a new test account and put them on it. I love the return so far.

Andrew · #5 (**permalink**) 27-08-2011, 11:41

Some big losers on Friday John, what happened?

Johnnykanoo · #6 (**permalink**) 30-08-2011, 17:41

this ea appears to lose in clusters which is similar to how it opens orders. Right now she's still up almost 4% I notice losses recover relativly quickly but I can't base anything on these short term results. I shall keep testing and gathering more info. Also keep in mind August sucks for scalpers!

Johnnykanoo · #7 (**permalink**) 01-09-2011, 01:30

SmartFX continues to bounce back nicely and is up to +12.77% with a monthly of almost 20%

Johnnykanoo · #8 (**permalink**) 03-09-2011, 12:28

this ea is doing very nicely now. I have put it on my live account. I am comfortable with how she trades and so far so good!

I just noticed the money back guarantee on SmartFx's website. If you buy these ea's and they don't make a profit in 30 days than not only do you get your money back but you get to keep the robots for free!!! I have never heard of such a great deal. This completely takes the risk out of buying.

I will crunch some number for you guys over the weekend. I will say this even though we took a hit early on this ea has recovered nicely and is doing great.

Johnnykanoo · #9 (**permalink**) 15-09-2011, 15:33

Hi guys,
Yes I do highly recomend this bot package. Since I went live this ea has earned over 40% We took a couple of hits here and there but overall she recovers nicely!

EUR/USD breakout hunter has had 42 trades 75% win rate and an overall net pips of [COLOR="#0000FF"]+647.7[/COLOR] and a profit factor of 1.66
USD/JPY scalper has had 22 trades win rate of a disappointing 41.5% overall net pips[COLOR="#FF0000"] -21.7[/COLOR] and a pf of .76
EUR/AUD scalper has had 67 trades and an amazing winrate of 92% net total of[COLOR="#0000FF"] 539.5 pips[/COLOR] and a pf of 2.75
EUR/GBP scalper has had 25 trades and a win rate of 83% but a net total of only [COLOR="#0000FF"]6.2 pips[/COLOR] and a pf of .91
EUR/CHF scalper has had 40 trades and win rate of 90% net total of [COLOR="#0000FF"]+44.1[/COLOR] and a pf of .97
EUR/CAD scalper has had 24 trades and a win rate of 59% net pips[COLOR="#FF0000"] -372.8[/COLOR] and a pf of .23

my conclusions from this data are breakout hunter is doing well and EUR/AUD is amazing. I may increase risk a little on E/A but I will keep E/U where it is.

This strat has the benefit of having two types of traders breakout and scalper. When scalper performs poorly hunter usually does well and vice versa.

This ea depends on larger stops and smaller targets therefore it is prudent to have many winners. In the instance of EUR/GBP and EUR/CHF all the small gains got wiped out by 1 or 2 losers. This leads me to believe that EUR/AUD can give back a nice chunk of profit if we get stopped out so I will keep that in mind when I increase risk.

EUR/CAD will get a risk reduction. I don't want to stop trading this pair but I do want to limit any damage. USD/JPY is on notice. I am not going to reduce risk yet but if this pair doesn't improve I will certainly cut risk down on this one too.

Overall this bot is doing well and because of the diversity it is more stable. Customer support is unmatched anywhere in the industry. Anyone interested in this bot should definitely do so. Robert offers a money back guarantee but I think once you guys start using this you will not want to return it.

Ow yea one other thing. you are able to put these ea's on as many accounts as you want as long as its on one vps. This is nice. I have so many ea's that I am limited in my testing because there is only one live license. Not the case here.

Sorry I have been neglecting my threads guys and gals. I'm still trading. It's just my other business has kept me very busy. I can't tell you how many generators I have sold. Between that and trade shows I have been running around like a mad man trying to keep up.

Talk to you guys later,
John

Johnnykanoo · #10 (**permalink**) 20-10-2011, 15:57

I wanted to update everyone. So far these ea's have been a shining star in my portfolio! They have been doing extremely well and continue to perform. here are my stats for October...

Performance for October so far net total +1602 pips +51.52%

So far this ea has been killing it. I also have to preface this post by saying I am still on the older version.

Breakouthunter
eur/usd [COLOR="#FF0000"]-212.1[/COLOR] pips 59.5% win rate and overall [COLOR="#FF0000"]-1.84%[/COLOR] loss

scalpers
eur/chf [COLOR="#0000FF"] +139.1 pips[/COLOR] 92% win rate and overall [COLOR="#0000FF"]+1.63%[/COLOR] gain
eur/aud [COLOR="#0000FF"]+589.1 pips[/COLOR] 80.5% win rate and overall[COLOR="#0000FF"] +9.73%[/COLOR] gain
usd/jpy [COLOR="#0000FF"]+130.9 pips[/COLOR] 67% win rate and overall[COLOR="#0000FF"] +7.06%[/COLOR] gain
eur/cad [COLOR="#0000FF"]+742 pips[/COLOR] 95% win rate and overall [COLOR="#0000FF"]+17.15%[/COLOR] gain
eur/gbp [COLOR="#0000FF"]+212.2 pips[/COLOR] 93% win rate and overall [COLOR="#0000FF"]+10.37%[/COLOR] gain

[COLOR="#0000FF"]totals: +1724.2 pips 82% win rate and overall +54.01% [/COLOR]

and overall since I started with these ea's in the beginning of September....

+209% overall gain net +2882 pips 80% win rate