Reviews of Forex Products

Forex Juggernaut

Google+ Pinterest LinkedIn Tumblr

Forex JuggernautForex Juggernaut is an EA with a 76.48% winning rate. It’s pretty much like other Expert Advisors, with an exception that it says to use its own Juggernaut ‘SWING’ technology. It runs only with EUR/GBP and on 1 hour timeframe and is a fully automatic robot.

The website of Forex Juggernaut provides us with back-testing statement, and even without seeing live trading results there’s a lot to be said. The average stop loss of the system seems to be about 80 pips, while the take profit is at about 10 pips. That wouldn’t look good, but the system always closes the losing trades early and often closes the profitable trades early too. It’s hard to see how it chooses them from the statements, but the bottom line is that the average loss is almost double the average profitable trade. That indicates a rather high risk/award ratio.

Honestly, I’m not convinced with Forex Juggernaut, first of all because there is no live trading proof provided, and secondly because of unfavorable default S/L and T/P – what if the EA is turned off with trades like that still open? And lastly, because back-testing shows a rather high risk/award ratio.

Some more facts:

  • Cost: $97
  • Guarantee: 60 days 100% Money Back
  • Currencies supported: EUR/GBP
  • Updates: Life-time free

Continue reading >>>

5 Comments

  1. Kjell Rune

    My trading with the Juggernaut has only go one way,and that’s dooooown….so far.

  2. it wipe off 10% of my account in 2 days. excellent product eh?

  3. admin

    Sorry to hear, James. Hopefully that wasn’t a live account?

  4. I have 2 EA’s from the same company and none of them have made any money.
    Forex Juggernaut goes into inactive mode 4 hours after restarting. Reported to helpdesk who created a case. This is where it stopped. They are not even responding to emails.
    Forex Transporter is running but not generating any trades.
    Sent details to the parent company 3 days ago but have not received any response. Both EA’s have 100% money back guarantee. I think I should ask for my money back, that is if they respond.

  5. Hey, I can tell you now.. The Transporter Works! Must be your broker.. It trades often.. I haven’t tried the Juggernaut yet.. but you only really need the transporter..

Write A Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.