Forex Enforcer from the creators of Forex Decimator is a brand new automated trading software (EA) which claims to have addressed the major problems traders have had during the past 12 months. There are no specific details as to what problems exactly it has addressed, but as its best feature the creators list its ability to adapt to any market conditions.
That’s what’s advertised, but let’s see what’s “under the hood”. The trading statements show that typically Forex Enforcer aims at 80 pips of profit with a stop loss at 70 pips. That means an average of 0.875 risk/reward ratio. In the given recent trading period of one week, it has made 9 successful trades out of 10.
These characteristics show that in the long term Forex Enforcer has a chance to be profitable, but it’s certainly not the best out there.
Also, it’s worth noticing that the robot uses a dynamic take profit which enables it to increase the aforementioned average profit of 80 pips on case by case basis. At the same time, the stop loss is fixed per trade which means the same risk regardless of take profit.
Having said all that, I’d conclude that Forex Enforcer is an average EA for an average price.
Some more facts:
- Cost: $97
- Guarantee: 30 days 100% Money Back
- Currencies supported: EUR/USD
- Updates: Life-time free
You may also be interested in:
If you have experience with this product, please leave your feedback or review below. Help others to decide, every entry helps.